Commodity Chemicals

Archer Daniels Midland Co (NYSE: ADM) reported a decline in its fiscal fourth-quarter profit. Archer Daniels Midland reported its quarterly profit at $381 million, or $0.58 per share, down from $446 million, or $0.69 per share, in the year-earlier period. Analysts were expecting earnings of $0.85...

Westlake Chemical Corp (NYSE: WLK) reported a 42% rise in its second-quarter net profit. Westlake's quarterly net profit rose to $81 million, or $1.21 per share, from $56.9 million, or $0.86 per share, in the year-ago period. Its revenue surged 13% at $925 million. However, analysts were...

Innophos Holdings, Inc. (NASDAQ: IPHS) today announced the formation of a new China subsidiary, Innophos (Taicang) Food Ingredients Manufacturing Co., Ltd. The subsidiary, which was organized as a "wholly foreign owned enterprise" on April 28, 2011, has already obtained the necessary business...

Fuwei Films Co., Ltd. (Nasdaq: FFHL) today announced that on July 22, 2012, its subsidiary, Fuwei Films (Shandong) Co., Ltd. entered into a Supplementary Agreement to the contract entered into on March 30, 2011 with Lindauer Dornier GmbH, a German equipment supplier, pursuant to which, among other...

A subsidiary of Koppers Holdings Inc. (NYSE: KOP) and Rio Tinto Aluminium Limited have agreed to a 42-month contract extension that begins January 1, 2011, and continues through June 30, 2014. Under the terms of the agreement Koppers will supply and transport liquid carbon pitch to Rio Tinto...

Shiner International, Inc. (NASDAQ: BEST) today announced that it has signed a sales order with Want Want China Holdings Limited for $2 million for color printing services. Want Want China Holdings Limited is a leading manufacturer and distributor of snack foods and beverages in China and has an...

Quarterly reports of note scheduled for this week include those from Archer Daniels Midland (NYSE: ADM), General Motors (NYSE: GM), MasterCard (NYSE: MA), Procter & Gamble (NYSE: PG) and Time Warner (NYSE: TWX), all of which are expected to post earnings growth, as well as Pfizer (NYSE: PFE)...

Below are the top small-cap rubber & plastics stocks on the NYSE, the NASDAQ and the AMEX in terms of profit margin. The trailing-twelve-month profit margin at American Biltrite Inc (AMEX: ABL) is 27.95%. ABL's ROE for the same period is 130.15%. The trailing-twelve-month profit margin at STR...

The Dow Chemical Company (NYSE: DOW) announced today that it has signed a definitive agreement under which Dow's global Polypropylene business will be divested to Braskem (NYSE: BAK) for a total enterprise value to Dow of $340 million, comprised of $323 million cash purchase price plus other cash...

Braskem (NYSE: BAK) Brazil's largest chemical company, said in a regulatory filing on Wednesday that it would buy Dow Chemical's (NYSE: DOW) polypropylene business. The company will pay $323 million for the business, which is pending regulatory approval in the United States and Brazil.

300 Minute Bars Prepared by Jamie Saettele, CMT The rally from the 2009 low is in 3 waves (which is corrective) and the 2 bull legs of the move are roughly equal. The decline however from this year's high is also corrective and crude broken to a new high for the month. Focus is now on the...

A new partnership could help to bring bio-plastics to medicine cabinet near you. Dow Chemical (NYSE: DOW) and Japan's Mitsui have formed a new Brazilian joint venture in order to turn sugar cane into ethanol and plastic. The pair plan on creating the world's largest integrated facility for...

Many traders and investors see the 52-week high or low as an important indicator. Stocks that have a long-term trend in a certain direction are likely to continue, as that trend is the path of least resistance. In this case, shares of Celanese (NYSE: CE) are hitting new 52-week highs. Traders and...

Arabian American Development Co. (Nasdaq: ARSD) today announced a three-year, $79 million contract with China National Geological & Mining Corporation effective July 3, 2011 for the operation, management and maintenance of the surface works of the Al-Masane Al-Kobra mine. This contract is in...

Daily Bars Prepared by Jamie Saettele, CMT The various degrees of trend in crude are at odds with another thus a larger sideways pattern is probably underway. “The rally from the 2009 low is in 3 waves (which is corrective) and the 2 bull legs of the move are roughly equal.” The decline...