Torraspapel Announces Major Investments at Its Zaragoza Mill
Over 23 million Euros allocated to minimize environmental impact and maintain employment.
Over 23 million Euros allocated to minimize environmental impact and maintain employment.
Momentive Specialty Chemicals Inc. has announced that effective May 16, 2011, it will raise prices for unsaturated polyester resins and vinyl ester resins by eight cents per pound.
Eastman Chemical Company (NYSE:EMN) today announced earnings from continuing operations of $2.52 per diluted share for first quarter 2011 versus $1.43 per diluted share for first quarter 2010.
Celanese Corporation (NYSE:CE), a global technology and specialty materials company, today announced that its board of directors has approved a 20 percent increase in the companys quarterly common stock cash dividend. The dividend rate increased from $0.05 to $0.06 per share of common stock on a quarterly basis and from $0.20 to $0.24 per share of common stock on an annual basis. The new dividend rate will be applicable to dividends payable beginning in August 2011.
First quarter highlights: Net sales were $1,589 million, up 14% from prior year period Operating profit was $188 million versus ($14) million in prior year period Net earnings were $142 million versus $14 million in prior year period Operating EBITDA was $304 million, up 26% from prior year period Diluted EPS from continuing operations was $0.87 versus $0.06 in prior year period Adjusted EPS was $0.96, up 50% from prior year period
Company Raises 2011 Earnings Expectations
Closure Systems Internationals short-height, MB-Lok mini 28mm closure has been selected by a leading malt beverage company for the national rollout of a new 16 ounce PET bottle.