Notable Recognitions, New Plants, Dividend Increases, Agreements, and Product Launches - Analyst Notes on Eastman, Praxair, Air Products & Chemicals, Ashland, and Braksem
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NEW YORK, April 4, 2014 /PRNewswire/ --
Today, Analysts Review released its analysts' notes regarding Eastman Chemical Co. (NYSE: EMN), Praxair Inc. (NYSE: PX), Air Products & Chemicals Inc. (NYSE: APD), Ashland Inc. (NYSE: ASH), and Braskem S.A. (NYSE: BAK). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.AnalystsReview.com/register
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Eastman Chemical Co. Analyst Notes
On March 20, 2014, Eastman Chemical Company (Eastman) announced that it has been named as a 2014 World's Most Ethical Company® by the Ethisphere® Institute in recognition of the Company's efforts to continually raise the bar on ethical leadership and corporate behavior. David Golden, Senior Vice President, Chief Legal Officer, and Corporate Secretary for Eastman, commented, "For nearly 100 years, business ethics have been top priority for Eastman. Ethics are critical to success because they build trust and confidence in our employees, customers, suppliers, and communities in which we work and live. Receiving this prestigious recognition further reinforces the commitment to honesty, integrity and responsible corporate behavior inherent in the Eastman culture." The full analyst notes on Eastman Chemical Co. are available to download free of charge at:
http://www.AnalystsReview.com/04042014/EMN/report.pdf
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Praxair Inc. Analyst Notes
On March 19, 2014, Praxair, Inc. (Praxair) announced that first of its two 1,250 metric tons per day air separation units has achieved successful start-up at Steel Authority of India's (SAIL) Bhilai, India facility. The Company stated that the plant will provide a reliable and energy efficient supply of gaseous oxygen, nitrogen and argon under a long-term contract to support SAIL's expansion activities. Commenting on the development, John Panikar, President, Praxair Asia, stated, "Praxair has worked with Steel Authority of India since 2006, when we first signed our contract to supply industrial gases to their Durgapur facility. We are proud to further strengthen our relationship with SAIL and we thank them for their confidence in us." Praxair added that this is the Company's first large project in the state of Chhattisgarh and central India. The full analyst notes on Praxair Inc. are available to download free of charge at:
http://www.AnalystsReview.com/04042014/PX/report.pdf
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Air Products & Chemicals Inc. Analyst Notes
On March 20, 2014, Air Products & Chemicals Inc. (Air Products) announced that its Board of Directors has increased the quarterly dividend from $0.71 per share to $0.77 per share on the Company's common stock, representing an increase of over 8%. The Company added that the dividend marks the 32nd consecutive year that Air Products has increased its dividend payment. Air Products informed that the dividend is payable on May 12, 2014 to shareholders of record at the close of the business on April 1, 2014. The full analyst notes on Air Products & Chemicals Inc. are available to download free of charge at:
http://www.AnalystsReview.com/04042014/APD/report.pdf
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Ashland Inc. Analyst Notes
On April 1, 2014, Ashland, Inc. (Ashland) reported that Ashland Specialty Ingredients, one of its commercial units, announced the launch of N-DurHance™ A-1000 conditioning polymer, which is a new conditioning technology for restoring and improving the look of healthy hair over the course of several wash cycles. Commenting on the launch, David Popplewell, Global Marketing Manager, Ashland Consumer Specialties, stated, "A large number of conditioning ingredients in the marketplace address dull, rough, difficult to comb hair, but none revert strands back to a hydrophobic state long enough to provide meaningful value for consumers. N-DurHance A-1000 conditioning polymer works differently than other technologies to deliver a uniform hydrophobic layer on the hair surface, resulting in consumer benefits that actually improve through five cleansing cycles." The full analyst notes on Ashland Inc. are available to download free of charge at:
http://www.AnalystsReview.com/04042014/ASH/report.pdf
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Braskem S.A. Analyst Notes
On March 13, 2014, Braskem S.A. (Braskem) reported that it has signed an agreement with the Brazilian Innovation Agency (FINEP) for conducting research into plastic packaging using nanotechnology at the Company's Technology Center in the state of Rio Grande do Sul. According to Braskem, the project aims to develop plastic resins with strong barrier properties against gases, vapors and chemical solvents for applications in the production of rigid and flexible PE and PP packaging. The Company informed that FINEP will provide a subsidy of BRL2.97 million, while Braskem will invest matching funds of BRL1.66 million in the project. Braskem added that the FINEP project is expected to be completed by 2016 year-end. The full analyst notes on Braskem S.A. are available to download free of charge at:
http://www.AnalystsReview.com/04042014/BAK/report.pdf
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