Akzo Nobel N.V. (AkzoNobel) has announced a revenue increase of 13 percent (five percent positive currency translation effect) for the second quarter of 2010 and the early achievement of a 14 percent EBITDA margin target set for the end of 2011.
Huber Engineered Materials (HEM), a division of the J.M. Huber Corp., announced plans to expand silica production capacity at its manufacturing facility in Jhagadia, India.
PPG Industries has reported second-quarter sales of $3.5 billion, an increase of 11 percent versus the prior year’s second quarter. Second-quarter reported net income was $272 million, or $1.63 per share.
The Western Coatings Technology Center (WCTC) at California Polytechnic State University (Cal Poly) is one step closer to reality, as ground was broken on a new $2.5 million facility.
Cytec Industries Inc. has announced net earnings for the second quarter 2010 of $61.8 million or $1.24 per diluted share on net sales of $874 million. Included in the quarter is a special item charge of $3.1 million of net expense after-tax, or $0.06 per diluted share. Excluding this special item, net earnings were $64.8 million or $1.31 per diluted share.
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