Increased Sales Boost Most Specialty Chemical Profits

Most U.S. specialty chemical firms posted gains in the first quarter, citing favorable currency exchange rates and higher sales prices. However, some firms say margins were strained due to increased raw material and energy costs. Strong Finish* (in millions of dollars) COMPANY SALES % CHANGE EARNINGS % CHANGE Ashland1 $2,059 8% $72 47% Dow Corning 1,280 8 160 -13 Nalco 1,000 10 29 49 Rockwood Holdings2 854 14 28 11 International Flavors and Fragrances3 597 5 56 -11 Minerals Technologies 278 5 17 59 Innospec4 169 16 7 22 Quaker Chemical 148 18 5 44 *Sales and...

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