Chemical Earnings Growth Expected to Slow in 2012

Earnings growth is expected to slow for U.S. chemical makers in 2012 while still remaining positive overall, according to Wall Street analysts. Deutsche Bank (New York) expects chemical companies to average earnings per share (EPS) growth of 9% for this year, compared with 26% in 2011. Four companies in Deutsche Bank’s chemicals coverage group--Chemtura, OM Group, LyondellBasell, and Methanex--are forecast to post earnings declines. Five companies--Ecolab, 3M, Minerals Technologies, RPM, and Sherwin-Williams--are forecast to post higher earanings. Ashland...

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