Chemical Week Magazine :: Business & Finance :: United States/Americas
Specialty earnings solid across various end markets
10:52 AM MDT | April 25, 2014 | —CW Staff
Specialty chemical earnings have mostly beat estimates on volume gains. Bad weather hurt W.R. Grace’s results, although the company beat analysts’ expectations. 3M’s chemicals business had solid results, Cytec’s earnings met management’s expectations, and Ferro’s earnings rose on improved margins. Grace says extreme weather during the first quarter stifled North American construction activity and caused manufacturing closures at a Maryland refinery catalysts production site, which contributed to a year-on-year (YOY) drop in...
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