Synthetics
(SHI) China Buying its Way to Shale Technology
by Justin Dove, Investment U Research Friday, October 14, 2011 Sinopec’s (NYSE: SHI) move to purchase Calgary-based Daylight Energy (OTC: DAYYF.PK) and its 300,000 acres of oil and gas-rich land for $2.2 billion certainly wasn’t the first Canadian acquisition by a Chinese...
17Oct2011 | InvestmentU | 0 comments | 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 to a report, NCR Corporation. (NYSE:NCR) will buy software maker Radiant Systems,...
13Jul2011 | vitalstocks | 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 silicon and chlorosilanes for semiconductor...
11Jul2011 | vitalstocks | 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 the two parties earlier in September, 2010. Praxair...
30Jun2011 | vitalstocks | 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 use 12 Sentinel Ultraviolet Disinfection Systems at...
26Jun2011 | vitalstocks | 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 to enhance its hydrogen capacity in Louisiana...
22Jun2011 | vitalstocks | 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 in the quarter increased 20.8% to $124.4 million...
4May2011 | vitalstocks | 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 plant to supply oxygen, nitrogen and argon. The plant...
13Apr2011 | vitalstocks | 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 Canada contracted to design and...
24May2010 | vitalstocks | 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 2010 earnings of $1.10-$1.15 and...
23May2010 | vitalstocks | 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 per share 15.8% in 2010 and 12.6% in 2011. The stock also offers investors...
20Apr2010 | vitalstocks | 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 the country’s continuous demand growth and its strategic...
7Apr2010 | vitalstocks | 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 billion) or $11.15 (RMB0.866) in 2008....
29Mar2010 | vitalstocks | 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 Consensus Estimate of 15 cents and the market...
3Mar2010 | vitalstocks | 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 (EPS) was 63 cents, compared to 50 cents in the fourth...
12Feb2010 | vitalstocks | 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 of its newest high-speed train, with...
4Feb2010 | vitalstocks | 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 quarterly dividend paid by Olin and translates...
30Jan2010 | vitalstocks | 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, respectively. This was much higher than the EPS of...
27Jan2010 | vitalstocks | 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 positions Praxair to supply distributors in...
25Jan2010 | vitalstocks | 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 changing characteristics and composition of customers’...
23Jan2010 | vitalstocks | 0 comments | Continued(PX) Praxair Signs Agreement with Valero Energy Corporation
Praxair Inc. (PX) has signed an agreement with Valero Energy Corp. (VLO) for the supply of oxygen and nitrogen to Valero’s Memphis, Tenn., refinery connected to Praxair’s pipeline system. According to the agreement, Praxair will build a new air separation plant with a...
18Jan2010 | vitalstocks | 0 comments | Continued(CCC) Calgon Carbon Corporation Gets Distributor
Calgon Carbon Corporation (CCC), a global leader in services and solutions for making water and air safer and cleaner and its European operation, Chemviron Carbon, has acquired Zwicky Denmark and Sweden, long-term distributors of Chemviron Carbon’s activated carbon products...
6Jan2010 | vitalstocks | 0 comments | Continued(IPHS) Innophos Holdings Inc. – Earnings Surprised by 81.58% in the Third Quarter
Innophos Holdings Inc. (IPHS) has surprised on estimates 4 consecutive quarters by an average of 30.05%. The stock is cheap. IPHS trades at just 7.5x forward earnings. Company Description Innophos Holdings manufactures specialty phosphates. Operating as a holding company, it...
2Dec2009 | vitalstocks | 0 comments | Continued(PX) Praxair China Signs Contract With Hainan China Aviation Special Glass Materials
Recently, Praxair China, a unit of Praxair Inc. (PX), signed a contract with Hainan China Aviation Special Glass Materials Co. Ltd., a subsidiary of China Aviation Sanxin Co. Ltd. (CAS) to supply oxygen and high purity nitrogen for a 100% oxy-fuel float glass furnace, the first...
1Dec2009 | vitalstocks | 0 comments | Continued(PX) Praxair China Signs Multi-Year Contract
Earlier this week, Praxair China Investment Co., Ltd, Chinese unit of Praxair, Inc. (PX) signed a multi-year agreement with MAGI Solar Energy Technology Co., Ltd. to supply bulk and process gases for its solar cell and module manufacturing facility, located in the Jiangsu Yixing...
29Nov2009 | vitalstocks | 0 comments | Continued(CCC) Calgon Carbon Corporation Reports Good Quarter
Calgon Carbon Corporation (CCC) earned 25 cents in the third quarter of 2009. Results beat the Zacks Consensus Estimate of 12 cents with an over fivefold increase from 4 cents reported in the same period of the previous year, following favorable pricing and demand for activated...
2Nov2009 | vitalstocks | 0 comments | Continued(PX) Praxair Beats Consensus Estimates
Praxair Inc. (PX) reported decent third-quarter results before the opening bell today. Net income and earnings per share were $325 million and $1.04, respectively. These results include a net after-tax benefit of $7 million, or 2 cents of earnings per share, resulting from a...
28Oct2009 | vitalstocks | 0 comments | Continued(PX) Praxair: This Company Has Gas
Back in February in this column, I reviewed Praxair (NYSE: PX), one of the dominant players in the specialty gas sector. You may recall that Praxair – a global, Fortune 300 company – is the largest industrial gases company in the Americas, and the world. With 27,000 employees...
1Sep2009 | InvestmentU | 0 comments | Continued(SHI) Shanghai Petrochemical Company Profits Return
China’s largest petroleum company, Shanghai Petrochemical Company Limited (SHI), posted net earnings of RMB 1 billion ($129 million) in the first six-months of 2009 helped by a lower cost of sales. Basic earnings were RMB 0.139 ($1.79) per share in contrast to a basic loss...
28Aug2009 | vitalstocks | 0 comments | Continued(PX) Praxair: Stock of the Day – a great infrastructure “pick & shovel” company
by David Fessler, Advisory Panelist Back in February, I profiled a great infrastructure “pick & shovel” company. Praxair (NYSE: PX) is a global Fortune 300 company, the largest industrial gases company in the Americas, and one of the largest in the world. Investors saw...
8Jul2009 | InvestmentU | 0 comments | Continued