Price Increases, Official Statements, Closures, and New Facilities - Research Report on DuPont, Dow, Celanese, Gevo, and Eastman
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NEW YORK, November 20, 2013 /PRNewswire/ --
Today, Analysts' Corner announced new research reports highlighting E.I. du Pont de Nemours and Company (NYSE: DD), The Dow Chemical Company (NYSE: DOW), Celanese Corporation (NYSE: CE), Gevo, Inc. (NASDAQ: GEVO), and Eastman Chemical Company (NYSE: EMN). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
E.I. du Pont de Nemours and Company Research Report
On November 15, 2013, E.I. du Pont de Nemours and Company (DuPont) reported that DuPont Packaging & Industrial Polymers has announced a price increase in North America for specialty ethylene copolymer resins. The Company informed that the price increase is in the range of $0.10/lb ($0.22/kg) to $0.15/lb ($0.33/kg) on all grades of DuPont Surlyn, Elvaloy, Appeel, Fusabond, Bexloy, Entira, Conpol, and Nucrel. The increase is effective on December 1, 2013, or as contracts allow. The Full Research Report on E.I. du Pont de Nemours and Company - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
http://www.analystscorner.com/r/full_research_report/13be_DD
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The Dow Chemical Company Research Report
On November 15, 2013, The Dow Chemical Company (Dow) issued a statement regarding the US Department of Energy's (DOE) approval of the export of liquefied natural gas (LNG) at the Freeport LNG facility. The Company stated that this decision of the DOE brings the total amount of export licenses approved to approximately 6.7 bcf/day, which is equivalent to almost 10% of current US consumption. "Companies from around the world are rushing to invest in the United States to take advantage of affordable natural gas, helping to grow our economy and create jobs," said Andrew Liveris, Chairman and CEO of Dow. "We have approached the right balance for this strategic resource, and must therefore be extremely cautious going forward. The most recent data makes clear that sending large volumes of American natural gas abroad will raise consumer energy prices, discourage manufacturing investment, and impede economic growth and job creation." The Full Research Report on The Dow Chemical Company - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
http://www.analystscorner.com/r/full_research_report/6908_DOW
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Celanese Corporation Research Report
On November 4, 2013, Celanese Corporation (Celanese) announced that its French and Spanish subsidiaries have informed their employee delegates of their intent to initiate an information and consultation process on the contemplated closure of the Roussillon acetic anhydride facility in France and the Tarragona vinyl acetate monomer (VAM) production unit in Spain. The Company had reported on May 22, 2013 that no credible buyers have been identified and no offers for acquiring the facilities were made. Celanese further noted that its subsidiaries that operate the said facilities expect to begin the consultation process soon with local employee representatives to mitigate the social impact of the contemplated closures to the best possible extent. The Full Research Report on Celanese Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
http://www.analystscorner.com/r/full_research_report/3763_CE
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Gevo, Inc. Research Report
On November 5, 2013, Gevo, Inc. (Gevo) reported its Q3 2013 financial results. In Q3 2013, total revenues of the Company were $1.1 million, up 100.53% YoY. Q3 2013 revenues included proceeds from sales of biobased jet fuel to the US Air Force of $0.4 million, revenue under the Company's agreement with Coca-Cola, and revenue from ongoing research agreements. Q3 2013 net loss was $15.9 million, or $0.34 loss per diluted share, compared with net loss of $12.1 million, or $0.31 loss per diluted share, in Q3 2012. "After successfully running our Luverne plant using dextrose feedstock in single and dual train modes, in October we moved to our ultimate goal of using corn mash, our commercial feedstock," said Patrick Gruber, CEO of Gevo. Gruber added, "It is exciting to see the Gevo proprietary yeast biocatalyst and GIFT systems perform in line with our expectations, and based on this performance, we can begin licensing discussions in earnest." The Full Research Report on Gevo, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
http://www.analystscorner.com/r/full_research_report/6aa1_GEVO
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Eastman Chemical Company Research Report
November 12, 2013, Eastman Chemical Company (Eastman) announced the opening of a new specialty fluids testing lab for Eastman Therminol heat transfer fluids and Eastman Skydrol aviation hydraulic fluids in Singapore. "Eastman currently has production facilities and in-service fluid analysis testing labs in Asia, North America, Europe, and South America" said Ravi Prakash, Global Business Director of Specialty Fluids at Eastman. "Combined with our recently announced expansion of our Therminol heat transfer fluid capacity in the United Kingdom, the new Singapore specialty fluids lab will bolster our ability to provide our customers in the Asia Pacific region with high performance products, reliable supply, and outstanding local technical service. Eastman's investment in the new Singapore lab is another example of our strong commitment to our customers' continued growth and success in this region." The Full Research Report on Eastman Chemical Company - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
http://www.analystscorner.com/r/full_research_report/456e_EMN
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