Synthetics

(PX) Praxair Prices $650 Million Notes

Industrial gas producer and supplier, Praxair Inc. (PX) recently priced $650 million worth of Notes, offered under the company’s universal shelf registration statement. The offering will consummate on May 7, 2013.

The notes...

16May2013 | | Comments Off on (PX) Praxair Prices $650 Million Notes | Continued

(POL) PolyOne Joint Venture Opens Saudi Arabia Facility

Specialty polymer materials maker PolyOne Corporation (POL) and its joint venture partner E.A. Juffali & Brothers Limited have officially opened their new production plant in Jeddah, Kingdom of Saudi Arabia.
The...

27Apr2013 | | Comments Off on (POL) PolyOne Joint Venture Opens Saudi Arabia Facility | Continued

(LDL) Pivotal Therapeutics Progresses with Vascazen

Pivotal Therapeutics Inc. (PVTTF) recently announced encouraging top line data from the REVEAL study (n=110) on its cardiovascular candidate Vascazen in the US. Vascazen was successful in achieving the primary objective of the study...

27Apr2013 | | Comments Off on (LDL) Pivotal Therapeutics Progresses with Vascazen | Continued

(PX) Praxair Expands Foothold in Brazil

Praxair Inc. (PX), one of the leading industrial gas producers and suppliers, recently announced the commencement of operations at its new air separation facility in the state of Mato Grosso, Brazil.

The company’s Brazilian...

21Apr2013 | | Comments Off on (PX) Praxair Expands Foothold in Brazil | Continued

(ALB) Albemarle Raises Price ETHANOX 4703 Shipments

Specialty chemicals company Albemarle Corporation (ALB) declared that it will increase the price of ETHANOX 4703 on all shipments worldwide by 95 cents per kilogram. The price hike is effective immediately or as per the contracts.

Albemarle’s...

18Apr2013 | | Comments Off on (ALB) Albemarle Raises Price ETHANOX 4703 Shipments | Continued

(PX) Praxair Expands Carbon Dioxide Portfolio

Industrial gas producer and supplier, Praxair Inc. (PX) recently announced the acquisition of the merchant carbon dioxide business from Tri-State Carbonic, LLC. Financial terms have been kept under wraps for this acquisition.

Tri-State...

18Apr2013 | | Comments Off on (PX) Praxair Expands Carbon Dioxide Portfolio | Continued

(POL) PolyOne Boosts Shareholder Return

Specialized polymer materials company PolyOne Corporation (POL) has increased its quarterly dividend by 20% to 6 cents per share from the prior payout of 5 cents a share. The increased dividend will be paid on Apr 5, 2013, to shareholders...

22Feb2013 | | Comments Off on (POL) PolyOne Boosts Shareholder Return | Continued

(LNDC) Landec Corporation – Aggressive Growth

Food packaging maker Landec Corp. (LNDC) has an impressive streak of positive quarterly earnings surprises, which it continued earlier this month with a nearly 44% beat in its fiscal second quarter. Meanwhile, the stock price rocketed roughly...

16Jan2013 | | Comments Off on (LNDC) Landec Corporation – Aggressive Growth | Continued

(PX) Praxair Launches New Air Separation Plant

Industrial gas company, Praxair Inc. (PX) launched yet another air separation plant in Brazil, this time for Braskem S.A. (BAK), the largest petrochemical company in...

16Jan2013 | | Comments Off on (PX) Praxair Launches New Air Separation Plant | Continued

(ROC) Rockwood Holdings Agrees to Buy Talison

Specialty and advanced materials company Rockwood Holdings Inc. (ROC) entered into an agreement  to buy Talison Lithium Limited for C$724 million ($729 million) to boost  the production of lithium used in batteries and smartphones.

The...

26Aug2012 | | Comments Off on (ROC) Rockwood Holdings Agrees to Buy Talison | Continued

(ROC) Rockwood Holdings Currency Conversion Drags Shares Down

Specialty chemicals and advanced materials company Rockwood Holdings, Inc. (ROC) recently reported disappointing second-quarter 2012 results, with adjusted earnings of $1.17 per share lagging behind both the Zacks Consensus Estimate...

21Aug2012 | | Comments Off on (ROC) Rockwood Holdings Currency Conversion Drags Shares Down | Continued

(CDTI) Company News for July 13, 2011 – Corporate Summary

•    Shares of bond insurer MBIA Inc. (NYSE:MBI) gained 6.86% after the company said it will withdraw its lawsuit against Bank of America Corp. (NYSE:BAC) and Merrill Lynch

•    According...

13Jul2011 | | 0 comments | Continued

(PX) Praxair Signs Hydrogen Supply Deal

Praxair Inc. (PX) recently signed a multi-year contract to provide high-purity hydrogen to Hemlock Semiconductor, L.L.C. The financial terms of the transaction were not disclosed.

Hemlock Semiconductor provides high-purity polycrystalline...

11Jul2011 | | 0 comments | Continued

(PX) Praxair Starts Supplying Gases to Hua Li

Praxair (China) Investment Co. Ltd, the Chinese unit of Praxair Inc. (PX) and a leading industrial gas supplier, started supplying industrial gases to Shanghai Hua Li Microelectronics Corporation. A long-term contract was signed by...

30Jun2011 | | 0 comments | Continued

(CCC) Calgon Carbon Wins Two Contracts

Calgon Carbon Corporation (CCC) has won two new contracts to supply Sentinel Ultraviolet (UV) Disinfection Systems at drinking water production plants in the cities of Indianapolis and Fort Wayne, Indiana.

Indianapolis will...

26Jun2011 | | 0 comments | Continued

(PX) Praxair Wins Hydrogen Contract

Praxair Inc. (PX) entered into a long-term agreement with Motiva Enterprises LLC to supply hydrogen to the latter’s refinery in Norco, St. Charles Parish, Louisiana.

Recently, the industrial gas supplier has announced its decision...

22Jun2011 | | 0 comments | Continued

(CCC) Calgon Carbon Earnings Report Misses Estimates

Calgon Carbon Corporation (CCC) reported a profit of 15 cents per share in the first quarter of 2011 compared with 17 cents in the year-ago quarter. Reported earnings missed the Zacks Consensus Estimate of 17 cents.

Revenues

Sales...

4May2011 | | 0 comments | Continued

(PX) Praxair Increases Capacity in Argentina

Praxair Inc. (PX) recently announced plans to increase its production capacity in Argentina to meet the escalating demand for industrial gases in the region.

The company via its subsidiary, Praxair Argentina, will build a new...

13Apr2011 | | 0 comments | Continued

(PX) Praxair Increases its Canadian Presence

Praxair Inc. (PX), through its Canadian subsidiary, Praxair Canada Inc. enhanced its presence in Canada by signing a long-term supply agreement with a member of the Essar Group, Essar Steel Algoma Inc., a fully integrated steel producer.

Praxair...

24May2010 | | 0 comments | Continued

(PX) Praxair Second Quarter 2010 Earnings Scorecard

The overall sentiment for Praxair (PX) shares has been positive following its earnings release late last month, fueled largely by improving global business fundamentals and management’s robust guidance. The company forecasted second-quarter...

23May2010 | | 0 comments | Continued

(PX) Praxair – Earnings Estimates Inching Higher

Praxair (PX) has a Zacks #2 Rank. Its stock trades at 18.6x 2010 consensus EPS estimates and 16.5x 2011 consensus EPS estimates.

Growth and Income

Analysts estimate that Praxair will grow its earnings...

20Apr2010 | | 0 comments | Continued

(SHI) Sinopec Shanghai Petrochemical Company Analyst Maintains Neutral

We are maintaining our Neutral recommendation on Sinopec Shanghai Petrochemical Company Limited (SHI) with a target price of $42.

Sinopec Shanghai, one of China’s largest petrochemical companies, is poised to benefit from...

7Apr2010 | | 0 comments | Continued

(SHI) Sinopec Shanghai Petrochemical Company Flips Losses

Sinopec Shanghai Petrochemical Company Limited (SHI), one of China’s largest petrochemical companies, recorded a net income of $206 million (RMB1.6 billion) or $2.85 (RMB 0.221) in 2009 as opposed to net losses of $804 million (RMB6.2...

29Mar2010 | | 0 comments | Continued

(CCC) Calgon Carbon Corporation’s Profit More than Doubles

Calgon Carbon Corporation (CCC), the water and air purifying systems manufacturer, earned profit of 23 cents in the fourth quarter of 2009 compared with 11 cents in the fourth quarter of 2008. Reported earnings surpassed the Zacks...

3Mar2010 | | 0 comments | Continued

(IFF) International Flavors & Fragrances Beats Earnings Consensus

International Flavors & Fragrances Inc. (IFF), a leading global creator of flavors and fragrances for consumer products, announced financial results for the fourth quarter and full year 2009.

Reported earnings per share...

12Feb2010 | | 0 comments | Continued

(PX) Praxair Builds into China

Praxair China, Chinese arm of Praxair, Inc. (PX) signed a contract with Tangshan Railway Vehicle Co., Ltd., a subsidiary of China Northern Locomotive & Rolling Stock Industry Group (CNR), to supply welding gases used in the production...

4Feb2010 | | 0 comments | Continued

(OLN) Olin Corporation – 333rd Consecutive Quarterly Dividend Paid

Olin Corporation (OLN) recently reported fourth-quarter results, which included earnings per share that topped the Zacks Consensus Estimate by 40%. The company also declared a dividend of 20 cents per share. It is the 333rd consecutive...

30Jan2010 | | 0 comments | Continued

(PX) Praxair Earnings Report is in Line with Earnings Consensus

Praxair, Inc. (PX) reported better-than-expected results for the fourth quarter and fiscal 2009.

Net earnings stood at $340 million or $1.09 per share, and $1,254 million or $4.01 during the fourth quarter and full year 2009,...

27Jan2010 | | 0 comments | Continued

(PX) Praxair Incorporation Expands to Costa Rica

Recently, Praxair, Inc. (PX) started its new air separation plant in San Jose, Costa Rica. In addition to meeting increasing demand for oxygen, nitrogen and argon from industrial and medical customers in Costa Rica, the new facility...

25Jan2010 | | 0 comments | Continued

(IFF) International Flavors & Fragrances Coverage Initiated as Neutral

International Flavors & Fragrances Inc. (IFF), the leading creator and manufacturer of flavor and fragrance compounds, was recently initiated as “Neutral.”

The company regularly creates new compounds to meet the...

23Jan2010 | | 0 comments | Continued