Chemical Market Reporter, January 31st, 2000
Rohm and Haas, Ferro, Cytec and Hanna all post improved fiscal performances. A RESURGENCE in sales volumes for most leading specialty chemicals and continuing gains in operating efficiencies more than offset higher raw material costs for many specialty chemical manufacturers during the fourth quarter. Rohm and Haas Company and Cytec Inc. exceeded Wall Street expectations, but Hercules Inc. warned of a shortfall. Rohm and Haas's fourth quarter 1999 earnings soared 84 percent on a comparable pro forma basis to $101 million as sales rose 6.4 percent to $1.68 billion. Earnings per share of 46 ce...
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