IHS Chemical Week

People & Business :: Earnings/Finance

Specialty earnings mostly down on soft economy

4:10 PM MDT | April 29, 2013 | —CW Staff

Specialty chemical makers generally posted earnings declines as economic weakness dragged down results. Coatings makers were an exception, as the rebound in the North American construction market helped PPG and Sherwin-Williams (SW) beat estimates despite weakness in Europe ( p. 57). Ashland was hit by weak European demand and no-margin sales of straight guar. Meanwhile, catalyst makers W.R. Grace and Albemarle were hit by lower metals surcharges and soft demand in some end markets. PPG reported first-quarter adjusted net income of $235 million, or $1.58/share...

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 subscriber yet?

Here's why you should be:

  • 31 issues of Chemical Week magazine a year in print or digital format
  • Real time news and analysis on chemweek.com 
  • 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


contact us | about us | privacy policy | sitemap

ihsCopyright © 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