All Posts Tagged With: "CE"

(CE) Celanese Corporation Value Alert

CELANESE CORPORATION
Texas (June 24, 2014) Wax Ink has issued a Negative Investment Interest opinion for Celanese Corporation (NYSE: CE). The value alert is based on a ...

25Jun2014 | | Comments Off on (CE) Celanese Corporation Value Alert | Continued

(CE) Celanese Backs Domestic Alternative Fuels Act

Chemical and advanced materials maker Celanese Corporation (CE) has announced its support for the Domestic Alternative Fuels Act of 2013 introduced by Congressman Pete Olson to the U.S. House of Representatives on May 15.

The...

27Jun2013 | | Comments Off on (CE) Celanese Backs Domestic Alternative Fuels Act | Continued

(APD) Air Products’ Technologies at PBE’s 2014 Northeast Powder Show

Industrial gas giant Air Products (APD) will highlight its industrial gas-based technologies and process improvement solutions at PBE 2013 in Columbus, Ohio, from May 22-23. The company’s technologies are expected to help powder...

27Jun2013 | | Comments Off on (APD) Air Products’ Technologies at PBE’s 2014 Northeast Powder Show | Continued

(DD) Excerpts from DuPont’s Analyst Day

Chemical titan DuPont (DD) divulged its strategic and operational priorities for this year and beyond during its annual investor day in Wilmington, Del. Chairman and CEO Ellen Kullman highlighted three strategic priorities that are...

18May2013 | | Comments Off on (DD) Excerpts from DuPont’s Analyst Day | Continued

(APD) Air Products Seals First Major U.S. LNG Order

Industrial gas giant Air Products (APD) has finally clinched its first major domestic liquefied natural gas (LNG) heat exchanger order for a liquefaction project in Maryland.
The Pennsylvania-based company...

17May2013 | | Comments Off on (APD) Air Products Seals First Major U.S. LNG Order | Continued

(ARG) Airgas’ Earnings a Penny Ahead of Forecasts

Airgas Inc. (ARG) posted adjusted earnings of $1.14 a share in fourth-quarter 2013 (ended Mar 31, 2013), up 3% from $1.11 earned in the year-ago quarter and a penny ahead of the Zacks Consensus Estimate.

The results came in...

16May2013 | | Comments Off on (ARG) Airgas’ Earnings a Penny Ahead of Forecasts | Continued

(DOW) Dow Chemical Held at Neutral

We are reaffirming our Neutral recommendation on Dow Chemical (DOW) following its mixed first-quarter 2013 results. Its adjusted earnings for the quarter outperformed the Zacks Consensus Estimate while revenues miss.

Why...

16May2013 | | Comments Off on (DOW) Dow Chemical Held at Neutral | Continued

(APD) Air Products Analyst Holds Shares at Neutral

We are retaining our Neutral rating on industrial gas giant Air Products (APD) following our assessment of its second-quarter fiscal 2013 (ended Mar 31, 2013) results. We continue to tread with caution considering high energy costs,...

16May2013 | | Comments Off on (APD) Air Products Analyst Holds Shares at Neutral | Continued

(DOW) The Dow Chemical Company Signs Deal with Energy Conscious

Dow Building Solutions, a unit of The Dow Chemical Company (DOW), has entered into a distribution agreement with The Energy Conscious, a fast-growing e-marketplace for energy efficient and sustainable products, to offer its wide range...

16May2013 | | Comments Off on (DOW) The Dow Chemical Company Signs Deal with Energy Conscious | Continued

(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

(DD) DuPont Progresses Opteon Roll Out

DuPont (DD) has announced that it is making strong progress in commercializing Opteon YF (HFO-1234yf) refrigerant. It is making commercial shipments of the refrigerant from its facilities in Japan and China.

DuPont’s Opteon...

15May2013 | | Comments Off on (DD) DuPont Progresses Opteon Roll Out | Continued

(GDP) Chemical Industry Stock Outlook – May 2013 – Industry Outlook

A tough economic backdrop in Europe, uncertainties surrounding the U.S. fiscal cliff, manufacturing slowdown, sluggish activity in China and weakness across some key end-markets weighed on the companies in the chemical space in 2012. The combined effect of these issues led to depressed demand for...

5May2013 | | Comments Off on (GDP) Chemical Industry Stock Outlook – May 2013 – Industry Outlook | 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

(GDP) Chemical Industry Stock Outlook – Dec 2012 – Zacks Analyst Interviews

The September quarter essentially mirrored the conditions witnessed in the first two quarters of the year. A feeble economic recovery in the U.S. and persistent recessionary conditions in Europe continue to lead to depleted demand for chemical products. Growth continues to struggle due to weaknesses...

24Dec2012 | | Comments Off on (GDP) Chemical Industry Stock Outlook – Dec 2012 – Zacks Analyst Interviews | Continued

(ACC) Chemical Output Edge Up in October

U.S. chemical output barely rose on a monthly basis in October, according to the latest monthly report from the American Chemistry Council (ACC). The Washington-based chemical industry trade group said on Wednesday that the U.S. Chemical Production Regional Index (CPRI) inched up 0.2% in October,...

4Dec2012 | | Comments Off on (ACC) Chemical Output Edge Up in October | Continued

(CE) Celanese Shares Maintained at Neutral by Analyst

We are retaining our Neutral recommendation on Celanese Corporation (CE) following its mixed third-quarter 2012 results. Adjusted earnings of 93 cents per share topped the Zacks Consensus Estimate by a...

4Dec2012 | | Comments Off on (CE) Celanese Shares Maintained at Neutral by Analyst | Continued

(ACC) US Chemical: Down Drift Continues

The latest monthly report from the American Chemistry Council (ACC) shows yet another monthly slump in the nation’s chemical production. The Washington-based chemical industry trade group said that the Chemical Production Regional Index (CPRI) fell 0.2% in August, following a downwardly revised...

9Oct2012 | | Comments Off on (ACC) US Chemical: Down Drift Continues | Continued

(BASFY) Chemical Industry Stock Outlook – September 2012 – Industry Outlook

June quarter results mostly reflect a slow economic recovery in the U.S. and persistent recessionary conditions in Europe, leading to weakening demand for chemical products. High input costs and weaknesses across some key end-markets (such as construction and electronics) remain the major impediments...

7Sep2012 | | Comments Off on (BASFY) Chemical Industry Stock Outlook – September 2012 – Industry Outlook | Continued

(CE) Celanese Reaffirmed at Neutral

We are reaffirming our Neutral recommendation on Celanese Corporation (CE) following its mixed second-quarter 2012 results.

Adjusted earnings of $1.47 per share topped the Zacks Consensus Estimate of $1.40. But sales fell 4%...

27Aug2012 | | Comments Off on (CE) Celanese Reaffirmed at Neutral | Continued

(CE) Celanese Teams Up with Pertamina

Specialty chemical company Celanese Corporation (CE) recently entered into an agreement with Pertamina – the state-owned energy company of Indonesia – for the development of fuel ethanol projects.

As per the agreement, Pertamina...

27Aug2012 | | Comments Off on (CE) Celanese Teams Up with Pertamina | Continued

(DD) American Chemistry Council Data Shows Muted U.S. Recovery

The American Chemistry Council’s (“ACC”) recently released third monthly report on its leading economic indicator points to continued sluggish recovery in the U.S. economy.

The report shows that the Chemical Activity Barometer (“CAB”), the Washington-based chemical industry trade...

27Aug2012 | | Comments Off on (DD) American Chemistry Council Data Shows Muted U.S. Recovery | Continued

(EMN) Eastman Chemical Stays Outperform

We are reaffirming our Outperform recommendation on Eastman Chemical Company (EMN). We believe that the company is well placed to benefit in the second half of 2012 from the synergies of Solutia acquisition.

Adjusted earnings...

19Aug2012 | | Comments Off on (EMN) Eastman Chemical Stays Outperform | Continued

(EMN) Eastman Chemical to Acquire Solutia

As part of its expansion strategy, Eastman Chemical Company (EMN) announced its plans to acquire Solutia Inc. (SOA), a global leader in performance materials and specialty...

31Jan2012 | | 0 comments | Continued

(EU) Chemical Industry Stock Outlook – January 2012 – Industry Outlook

Chemicals are generally used to make a wide variety of consumer goods and are also in the agriculture, manufacturing, construction and service industries. The chemical industry itself consumes 26% of its own output. Major industrial customers include rubber and plastic products, textiles, apparel,...

25Jan2012 | | 0 comments | Continued

(CE) Celanese Corporation – Bull of the Day

Celanese Corporation (CE) reported adjusted earnings of $1.27 per share for the third quarter of 2011, beating the Zacks Consensus Estimate of $1.11. Quarterly revenues grew 20% year over year to $1.81 billion, primarily driven by higher...

14Dec2011 | | 0 comments | Continued

(EMN) Eastman Chemical Company Expands Production Capacity

Eastman Chemical Company (EMN) has announced that it has completed the expansion of its facility for hydrogenated hydrocarbon resins located in Middelburg, Netherlands. This is the third expansion to its Regalite hydrogenated hydrocarbon...

28Nov2011 | | 0 comments | Continued

(CE) Celanese Acquires Ashland Assets

Celanese Corporation (CE) entered into an agreement to acquire polyvinyl acetate assets from Ashland Inc. (ASH), including two product lines, Vinac and Flexbond. The...

12Nov2011 | | 0 comments | Continued

(EU) Chemical Industry Stock Outlook – September 2011 – Industry Outlook

Chemicals are generally used to make a wide variety of consumer goods and are also used in agriculture, manufacturing, construction and service industries. The chemical industry itself consumes 26% of its own output. Major industrial customers include rubber and plastic products, textiles, apparel,...

16Sep2011 | | 0 comments | Continued

(EMN) Eastman Chemical on Expansion Spree

Eastman Chemical Company (EMN) expanded its Benzoflex plasticizer production line at the Estonia location for the second time. The move will boost the Benzoflex production capacity by 11,000 metric tons and is expected to be completed...

15Sep2011 | | 0 comments | Continued

(EMN) Eastman Chemical Completes Sterling Buy

The plastics and chemicals maker Eastman Chemical Co. (EMN) announced that it has completed the acquisition of petrochemical company Sterling Chemicals Inc. for $100 million in cash. The deal was originally announced in June 2011.

The...

11Aug2011 | | 0 comments | Continued