Rubber-Plastics News

Albemarle Corporation announced Friday that it will increase global prices for all grades of ibuprofen by an estimated 15% effective immediately, or as contracts allow.

BATON ROUGE, La., May 25, 2012 /PRNewswire/ -- Albemarle Corporation , a global developer, manufacturer and marketer of highly engineered specialty chemicals, announced today that it will increase global prices for all grades of ibuprofen by an estimated 15% effective immediately, or as contracts allow.

The firm set a "hold" rating on the stock. A number of other firms have also recently commented on CTB.

A Schulman traded up 0.28% on Thursday, hitting $21.72. A Schulman has a 1-year low of $16.16 and a 1-year high of $28.00. The company has a market cap of $638.4 million and a price-to-earnings ratio of 13.78. A Schulman last released its earnings data on Wednesday, April 4th.

Salesforce.com was upgraded today by Oppenheimer from perform to outperform with a price target of $180, as the company has been experiencing fast organic growth.

Shares of Eastman Chemical opened at 47.00 on Friday. Eastman Chemical has a 52 week low of $32.445 and a 52 week high of $55.53. The company has a market cap of $6.484 billion and a P/E ratio of 10.88. Eastman Chemical last announced its earnings results on Thursday, April 26th.

Eastman Chemical Co.'s pending purchase of chemical company Solutia Inc. has been approved by European Union regulators, Reuters reports.

Heinz : Heinz announced a significant change in strategy, and will invest $70 million in marketing efforts in both developed and developing countries.

Ilhavo, Portugal - SADIF Investment Analytics, announces a new summary due diligence report covering the following companies: Report Summary for: The Advisory Board Company is an above average quality company with a neutral outlook.

Specialty chemicals maker Albemarle Corp. said Thursday it has opened a new Asia-Pacific shared services center in Dalian, China.

The French Guy from New Jersey: Serge Lescouarnec alias Serge the Concierge shares information on Food, Wine, Travel and Life TidBits.

Media Advisory Issued May 24, 2012 Diversified Industries Curt Espeland, Senior Vice President and Chief Conference Financial Officer Eastman Chemical Company , will address the Diversified Industries Conference, sponsored by JP Morgan, in New York City, on June 5 at 3:30 p.m. ET.

1 chemical maker in the U.S., won a $2.16 billion arbitration case against Petrochemical Industries of Kuwait over the 2008 termination of a planned joint venture, Dow said Thursday.

Sydney Montgomery, left, and Erin Coverdale present a $200 gas card from WaWa April 20 to Toni Samonte, a teacher at H.O. Brittingham Elementary.

Dow Chemical has been awarded $2.16 billion in damages by an international arbitration court over for a Kuwaiti joint venture that collapsed four years ago as the global recession took hold.

Kuwait's state-run chemical company must pay Dow Chemical Co $2.16 billion under an arbitrator's ruling for wrongly cancelling a planned plastics joint venture in 2008, Dow said on Thursday.

The Dow Chemical Co. today was awarded $2.16 billion in damages from the Petrochemical Industries Company of Kuwait relating to the Kuwait-Dow transaction.

Bristol businessman Frank Leonard and his wife, Jackie, have been honored by the Wellmont Foundation for their philanthropy work to improve health care in the region.

A farmer taps a rubber tree to collect raw latex on a rubber plantation in Rayong province, Thailand.

The Albemarle County Police Foundation honored some brave officers and citizens Wednesday night in their annual awards banquet at Farmington Country Club.