All Posts Tagged With: "DOW"
(DOW) Three More Industries Thriving From Record-Low Natural Gas Prices
by Mike Kapsch, Investment U Research Tuesday, January 24, 2012 Since hitting a high of $15.37 in December 2005, the price of natural gas has plunged to its lowest level in over a decade to $2.30. That’s an 85% drop. As Reuters recently reported, “The unrelenting surge in...
31Jan2012 | InvestmentU | 0 comments | 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 chemicals, for $3.4 billion in cash and stock. The transaction is expected to close in mid-2012. As per...
31Jan2012 | vitalstocks | 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,...
25Jan2012 | vitalstocks | 0 comments | Continued(MON) Monsanto Guides High on New Business
Monsanto Company (MON) recently raised its expected earnings per share guidance for the first quarter of fiscal 2012. The first quarter earnings were scheduled to be released on January 5, 2012. The company’s earnings per share guidance for the first-quarter ongoing and as-reported...
15Dec2011 | vitalstocks | 0 comments | Continued(DD) E. I. Du Pont de Nemours and Company and Base Resources In Titanium Sale Deal
E. I. Du Pont de Nemours and Company (DD) has signed a purchase agreement with Australia’s Base Resources to buy products from Base’s titanium mining project in Kenya. Under the deal DuPont is expected to purchase a minimum average of about 72% of annual rutile output from...
28Nov2011 | vitalstocks | 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 resins. This expansion has increased the...
28Nov2011 | vitalstocks | 0 comments | Continued(CHK) Shale Gas Development Pushed as Cleaner and Cheaper
The Obama Administration has set its eyes on developing domestic shale gas (natural gas trapped within dense rock formations) from sources such as the vast Marcellus Shale, which stretches from New York to Virginia. Besides being significantly cheaper than crude oil, reliance...
24Nov2011 | vitalstocks | 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 transaction is expected to close within 60 days, subject to satisfaction of closing conditions. Terms were not...
12Nov2011 | vitalstocks | 0 comments | Continued(MON) Monsanto Wins Lawsuit – Saves Patent
Monsanto Co. (MON), the world’s largest seed company, announced that it won another lawsuit against Indiana soybean farmer, Vernon Bowman. In 2007, the company sued the soybean farmer, accusing him of patent infringement for planting and saving seeds containing Monsanto’s...
24Sep2011 | vitalstocks | 0 comments | Continued(BRKA) Berkshire Hathaway Closes Lubrizol Acquisition
Berkshire Hathaway Inc. (BRKA) (BRKB) has completed the timely acquisition of The Lubrizol Corp., a chemical company headquartered in Ohio. The acquisition will cost the company $9.7 billion, at $135 per share. The purchase consideration includes $0.7 billion of the acquired...
20Sep2011 | vitalstocks | 0 comments | Continued(MON) Monsanto to Push Price Amid Food Crisis
World’s largest seed company, Monsanto Co. (MON), announced to raise prices for its DeKalb brand of corn seeds in 2012 by an average of 5% to 10% amid the present worldwide food crisis. The price rise reflects higher cost of production for the high-yielding corn genes. These...
20Sep2011 | vitalstocks | 0 comments | Continued(DD) EI DuPont de Nemours Wins Kevlar Case
US chemical giant EI DuPont de Nemours & Co. (DD) has won a civil lawsuit for $919.9 million in the U.S. District Court for the Eastern District of Virginia in Richmond, Va., against Kolon Industries, with the jury finding that Kolon stole trade secrets and confidential information...
19Sep2011 | vitalstocks | 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,...
16Sep2011 | vitalstocks | 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 by the end of second-quarter 2012. Eastman...
15Sep2011 | vitalstocks | 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 deal is expected to be accretive to 2011...
11Aug2011 | vitalstocks | 0 comments | Continued(EMN) Eastman Chemical Announces 2 For 1 Stock Split
The plastics and chemicals maker Eastman Chemical Co. (EMN) announced that it will increase the payout to its shareholders. The Kingsport-based company declared a 2-for-1 stock split and increased the quarterly cash dividend by 11%. Eastman announced that it will pay a dividend...
9Aug2011 | vitalstocks | 0 comments | Continued(MON) Monsanto Has Brazil and China on Growth List
Agri Business giant, Monsanto Company (MON) laid out new five-year strategic plan with an outlook for strong international revenue growth, targeting Brazil and China. Brazilian government regulation, public and private investment in agriculture as well as farming population drives...
8Aug2011 | vitalstocks | 0 comments | Continued(MON) Monsanto Announces Dividend Increase
Monsanto Company (MON) declared an increase in the quarterly dividend from 28 cents per share to 30 cents per share of its common shares. This is a part of the company’s continuing commitment to return value to shareholders and relate to the company’s fourth quarter...
4Aug2011 | vitalstocks | 0 comments | Continued(MON) Monsanto and Sinochem to Seal Ties
Global agribusiness Monsanto Company (MON) hopes to strengthen its tie with Sinochem, the Chinese chemicals conglomerate. At present, the two companies are in talks regarding the economic and politically sensitive issues, which were a topic for debate for months. The agreement...
12Jul2011 | vitalstocks | 0 comments | Continued(DOW) The Dow Chemical Company in Joint Venture with Ube Industries
The largest U.S. chemicals manufacturer, The Dow Chemical Company (DOW) and Japanese chemical company Ube Industries Ltd. entered into a joint venture to capitalize on the growing demand for lithium-ion batteries and expand its alternative energy offerings. The Midland, MI-based...
8Jul2011 | vitalstocks | 0 comments | Continued(CE) Celanese to Increase Product Prices
Effective August 1, 2011, specialty materials company, Celanese Corporation’s (CE) subsidiary Celanese EVA Performance Polymers Inc., will increase the price of all grades of Ateva EVA by $0.08 per pound and all grades of LDPE by $0.06 per pound. Last month, Celanese reported...
8Jul2011 | vitalstocks | 0 comments | Continued(DOW) Dow Chemical’s Trinseo Files for IPO
Trinseo SA, the plastics maker owned by The Dow Chemical Co. (DOW) and Bain Capital LLC has announced that it has filed for an initial public offering to raise up to $400 million for repaying loans and other corporate purposes. Trinseo was previously known as Styron Corp and...
29Jun2011 | vitalstocks | 0 comments | Continued(MON) Monsanto 2011 Third Quarter Earnings Preview
Agricultural product major Monsanto Company (MON) will unveil its third- quarter earnings on Wednesday, June 29, 2011. The company will be an attractive stock to watch, as it has been in turnaround mode. The third quarter 2011 Zacks Consensus Estimate for earnings per share (EPS)...
29Jun2011 | vitalstocks | 0 comments | Continued(CE) Celanese Starts VAE’s Production
Celanese Corporation (CE) started production in its expanded vinyl acetate/ethylene (VAE) unit located at Nanjing Chemical Industrial Park in China. The capacity expansion leverages the company’s improved VAE technology. The expanded unit will address the growing demand for...
26Jun2011 | vitalstocks | 0 comments | Continued(FLR) Fluor Wins Dow Contract
Fluor Corporation (FLR) has won a contract from The Dow Chemical Company (DOW) for providing basic engineering and design services on its propane dehydrogenation (‘PDH’) expansion project in Freeport, Texas. The contract value is yet to be disclosed and is expected to be...
26Jun2011 | vitalstocks | 0 comments | Continued(EMN) Eastman Chemical to Buy Sterling Chemicals
Eastman Chemical Company (EMN) announced that it will acquire Sterling Chemicals Inc. (SCHI) for $100 million in cash in order to boost its plasticizer product line. The deal is expected to close in the third quarter of 2011. The transaction, which includes Sterling’s plasticizer...
23Jun2011 | vitalstocks | 0 comments | Continued(CE) Celanese Hikes Product Prices
Effective July 1, 2011, specialty materials company Celanese Corp. (CE) will increase the prices of acetic acid, Acetic Anhydride, MIBC and MIBK by $0.03/LB and that of Vinyl Acetate Monomer and Ethyl Acetate by $0.05/LB in the US, Canada and Mexico. A few days back, Celanese...
22Jun2011 | vitalstocks | 0 comments | Continued(DOW) The Dow Chemical Company Invests $10B in China
Chemical giant The Dow Chemical Company (DOW) plans to invest $10 billion in China. The $10 billion fund will cover a coal chemical project in the northern Chinese province of Shaanxi, where the chemical giant will join forces with Shenhua Group Corp. and the local government. During...
19Jun2011 | vitalstocks | 0 comments | Continued(EU) Chemical Industry Outlook – May 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,...
13May2011 | vitalstocks | 0 comments | Continued(DOW) Dow Chemical Company Beats Consensus
The Dow Chemical Company (DOW) earned 82 cents per share in the first quarter of 2011, ahead of the Zacks Consensus Estimate of 67 cents per share as well as last year’s 43 cents per share. However, including one-time charges, the company earned 54 cents per share compared...
3May2011 | vitalstocks | 0 comments | Continued