Recently added articles from Chemweek's Business Daily:
Lubrizol Swings to Loss on Restructuring Charges.
Feb 05, 2009 ... Lubrizol reported a loss of $243 million in the fourth-quarter, including pre-tax restructuring and impairment charges totaling $331 million. The company posted earnings of $59.7 million, including charges of $900,000, in the year-ago quarter. Adjusted earnings of 74 cts/share fell ...
Higher Sales Drive Record Profits at FMC.(Financial report)
Feb 05, 2009 ... FMC posted fourth-quarter net income of $46.3 million (63 cts/share), up 13% from the year-ago period, on sales up 9%, to $737.7 million. The most recent quarter included restructuring charges of 39 cts/share, while the year-ago quarter included charges of 6 cts/share. Sales and profits ...
Loss Widens at Sunoco Chemicals.
Feb 05, 2009 ... Sunoco's chemicals segment posted a fourth-quarter loss of $4 million, compared to a loss of $2 million in the year-ago period. Excluding an after-tax write-down related to its polymers inventory, Sunoco's chemicals unit posted earnings of $8 million, on higher margins, particularly for ...
Lawmakers Ask Obama to Replace CPSC Chief.
Feb 05, 2009 ... Four Democrats have asked President Obama to replace Nancy Nord, head of the Consumer Product Safety Commission, saying she "grossly mishandled" a product safety law banning phthalates and lead in products intended for children under 12 years old. The February 3 letter, signed by ...
BASF to Close Decatur Coatings Plant.
Feb 05, 2009 ... BASF says it is closing its Decatur, AL coatings plant beginning March 31. The company says it has notified Alabama state officials that it may reduce personnel at the site beginning March 31. Approximately 115 people are affected. BASF announced its plans to close the Decatur site in ...