People & Business :: Earnings/Finance
Specialty earnings vary on mixed end-markets
10:12 AM MST | March 1, 2013 | CW Staff
specialty chemical earnings reports for the fourth quarter were mixed. Ecolab matched estimates on strong sales from the former Nalco. Rockwood’s earnings declined, mostly on weakness in titanium dioxide (TiO2) (below). Chemtura fell short of estimates, although earnings rose from the year-ago quarter, because of weak market conditions in its industrial segment. Ecolab’s fiscal fourth-quarter earnings increased 161% year-on-year (YOY), to $231.4 million, on sales up 65%, to $3.05 billion. Sales and income included adjustments related to the...
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