IHS Chemical Week

People & Business :: Companies

Grace's Profit Doubles; Raises 2010 Earnings Estimate, but Lowers Sales Outlook

6:42 AM MDT | July 22, 2010 | Kerri Walsh

W.R. Grace’s second-quarter net income more than doubled, to $51 million (69 cts/share), on sales up 4%, to $685 million excluding a refining catalyst joint venture disconsolidated in December 2009. Sales rose on higher volumes and improved selling prices in the catalysts division, which offset unfavorable currency exchange rates. Adjusted Ebit jumped 22%, to $91 million on improved volumes, and lower energy and raw material costs.  Operating income from the Davison Catalysts division rose 30%, to $106.5 million, on sales up 7%, to $454 million...

This information is only available to Chemical Week subscribers.


Forgot your user ID or password?
Click here to have it sent to you.

Not an IHS Chemical Week member yet?

Here's why you should be:

  • 31 issues of Chemical Week magazine in print or digital format
  • Critical daily news and analysis on chemweek.com
  • Free mobile edition 
  • 20+ years of online archives
  • Topical e-newsletters that capture the most impactful events
  • Special issues with a regional or company focus
  • Global Outlook issue

Subscribe now

100% Satisfaction Guarantee
If at any time you are not completely satisfied with IHS Chemical Week, simply notify us and we'll refund the balance of your paid subscription - no problem.

Learn more about group subscriptions and site licenses.


contact us | about us | customer care | privacy policy | sitemap | advertise

ihsCopyright © 2015 IHS, Inc. All rights reserved. Reproduction in whole or in part without permission is prohibited.

North Asia Russia Southeast Asia China India/Pakistan Middle East Eastern Europe Western Europe Central America Canada USA Australia/New Zealand South America Africa