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August 10, 2005
Sico Reports Excellent
First Quarter Earnings
● For the three month period ended March 29, Sico, Inc. reported a
sales increase of 14.6% to $57.5 million. In addition to the
contribution of Betonel Ltee, acquired in Sept. 2001, and
the con…
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August 10, 2005
The ICI Group, comprised of National Starch, Performance Specialties, Quest and ICI Paints, realeased its annual report for 2001. For the full year, total group sales growth rose two percent. Performance in Asia was excellent, with 11% sales growth a…
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August 10, 2005
Noveon Reports Sales Decrease for 2001
lThe performance coatings segment of Noveon, Inc. reported that fourth quarter sales decreased 14% from $101.9 million compared to $87.5 million in the fourth quarter one year ago due to volume declines resulti…
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August 10, 2005
l Huntsman International LLC reported preliminary, unaudited total revenues and adjusted EBITDA, defined as net income before taxes, minority interest, cumulative effect of accounting change, interest expense, depreciation and amortization, of $1.006…
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August 9, 2005
● Sico, Inc., Canada’s leading paint company, recorded a strong
year in 2001, thanks to key acquisitions in the architectural
and industrial sectors. For the fiscal year ended
December 28, 2001, Sico, Inc. sales rose 8.9% to reach
$22…
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August 9, 2005
Henkel Reports
Adhesives Sales for 2001
● In fiscal 2001, the Henkel Group recorded sales of €13.1 billion
(approximately $11.6 billion), a drop of 2.2% compared
to the previous year.
Sales of its new business sector—consumer an…
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August 9, 2005
H.B. Fuller Company has reported its fourth quarter and
year-end results and announced a major restructuring
program that will reduce its global capacity by as much
as 20%, according to chairman, president and CEO Al
Stroucken.
The company&rsquo…
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August 9, 2005
As the company anticipated, net sales declined two
percent to $487.9 million in the fiscal 2001 second quarter.
RPM attributed the drop primarily to business disruptions
related to the Sept. 11 attacks and continued
weakness in the overall econom…
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August 9, 2005
Kolorfusion International, Inc.’s revenues
rose “substantially” for the first two
quarters of fiscal 2002 and rose 250%
in comparison to the same period of
the prior fiscal year, the company
announced.
Revenues for the six mon…
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August 9, 2005
BASF’s coatings sales rose three percent to E2.3 billion in 2001. Approximately 45% of sales came from Europe, 30% from North America, 20% came from South America and five percent came from the Asia-Pacific region, according to Klaus Peter L&ou…
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August 9, 2005
l For the third quarter ended Sept. 28, Sico, Inc. posted net earnings of $3.19 million, up 3.4% over net earnings achieved during the same period in 2000. Sales also rose 3.4% to $56.6 million, due mainly to the contribution generated by business ac…
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August 9, 2005
H.B. Fuller Company approved a two-for-one split of its common
stock to be issued on November 16, 2001 to shareholders of
record on October 26, 2001. As a result of the stock split,
shareholders of common stock will receive an additional
share…
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August 9, 2005
Valspar Revamps 4Q Earnings Estimates
Valspar Corp. expects fully diluted earnings for the fourth quarter
ending Oct. 26 to be in the range of 46-50 cents per
share excluding the restructuring charges previously
announced. Fully diluted earning…
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August 9, 2005
NL Industries, Inc. has reported that the operating income of its
Kronos’ titanium dioxide pigments business in the third
quarter dropped 37% to $36.2 million compared to $57.5
million in the third quarter of 2000. The decrease in operatin…
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August 9, 2005
The Sherwin-Williams Company’s third quarter consolidated net
sales dropped 3.2% to $1.37 billion and 3.2% to $3.93 billion
for the nine months ended Sept. 30. The most significant factors
impacting sales came from the continuing poor dome…
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