Chemicals in the First Half: More Up than Down - C&EN Global

Nov 5, 2010 - JUDGING from the record at the halfway mark (see page 3964), 1956 is shaping tip as an even better earnings year than 1955 for a clear m...
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FINANCE Chemicals in the First Half: More Up than Down .X et Sales (in millions)

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1 1 j 1 1 1 1 J j J 1 I 1 | I I 1 1 I 1 1 J 1

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Abbott Labs Air Reduction AUied Chemical Allied Labs American Cyanamid* American Enka* American Potash American Viscose Atlas Powder* CataUn Chemical Process Commercial Solvents Diamond Alkali BuPont Eastman Kodak > Fiitrol Foote Mineral Freeport Suipliur Hercules Powder Heyden Industrial Rayon Interchemical Eli Lilly Lindsay Chemical Koppers Mallinckrodt Merck Michigan Chemical Monsanto" National Distillers Newport Industries Nopco Norwich Pharmacal Olin Mathieson Parke-Davis Pennsalt Pfizer Pittsburgh Coke & Chemical Pittsburgh Plate Glass Reichhold Chemicals Rohm & Haas Schering Searle Stauffer Sun Chemical Texas Gulf Sulphur Thiokol Union Carbide Victor Chemical Wyandotte

1956 $ 48.4 82.9 341.7 10.2 252.9 29.0 20.0 122.0 33.0 11.7 1.2 27.5 61.6 943.7 325.1 ... 12.0 ... 120.4 j 12.2 31.9 55.3 90.0 ... 148.7 , ... 87.1 3.6 280.3 264.9 11.2 13.4 13.6 300.1 66.6 37.1 87.2 34.1 292.5 29.5 82.4 27.2 14.1 | 77.4 21.1

1955 S 44.9 71.2 318.2 8.2 225.4 32.4 13.8 129.2 30.9 8.9 1.1 25.0 53.7 958.1 315.9 ... 9.3 ... 112.6 12.5 43.7 49.1 62.5 ... 100.1 ... 77.1 3.3 266.2 234.6 10.3 11.4 11.0 270.8 59.8 33.9 79.4 28.0 288.5 26.5 81.5 18.4 13.3 69.8 20.8

44.7 j ... | 617.9 ... J 37.2

48.7 ... 554.3 ... ...

α Adjusted for 5 % stock dividend in 1955. b On present number of outstanding shares. c Including results of Formica Co. from Jan. d

C&EN

AUG.

!3.

1956

Net Income (in millions)

Change 1956 8 j S 4.8 7.9 ^ 25.5 ,7 25 1.2 12 22.6** —11 1 1.7 44 i 2.4 -6 8.8 7 2.2 0.18 31 | 9 0.09 10 1.6 .,15-, 5.6 -1 187.8 3 38.8 ·.. 2.9 29 1.0 ... 6.8 7 9.7 fc : -2 0.82 — 27_ 3.5 J; ,13^ 2.3 ·;; 44 " 16.6 ^ . ;. r M 0.6 49 1 6.9 ' " · 1'. - ' * 0.22 : - .'13f* | 10.3 8 0.24 5 22.0 V 13.10.1 r ; .v~8 * 1.3 ; 17 0.8 24 V 1.4 _ 11 21.6 \ 1 1 . 8 .6 : c\ J ; 9 . 2.1 \JlO 9.6 ;! >22 ; 2.0 30.3 , 1{ % 1.0 \/< llV. ; ί ;.l 7.8 Γ 148 . | 4.7 V;,:6V\ 3.3 I ylWl 6.6 ; ;,; * i , 1 0.8 ^ Α β ; :j 14.8 l^.-.'r 0.39 f^Xll v 70.1 1.84 b^*;*^·"Vi f. ? : ^ < " L 2.2

1, 1956. Excludes nonrecurring income of SI 1.1 million from sale of Chemical Construction Corp. and titanium dioxide plant. e For 24 weeks ending June 17. f Includes 13 cents of nonrecurring income. a Adjusted for 2 5 % stock dividend in 1955. h Includes results of Aquaness Corp. in both 1955 and 1956.

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