Specialty Chemicals

PolyOne Corporation (NYSE: POL) has acquired Uniplen Industria de Polimeros Ltda. (Uniplen), a leading Brazilian producer of specialty engineered materials and distributor of thermoplastics. The Uniplen transaction was completed for an upfront cash purchase price of $21 million with a potential for...

Credit Suisse is raising its 12-month price target on shares of RPM International, Inc. (NYSE: RPM) to $23 (from $21), “which is roughly where the stock is currently trading.” “As such, we expect the only upside to come from RPM's 3.7% dividend yield which is why we are maintaining our Underperform...

Credit Suisse is raising its 12-month price target on shares of Rockwood Holdings, Inc. (NYSE: ROC) to $51 (from $47), “which represents a 6.7X multiple on our 2012 EBITDA estimate assuming free cash generation goes toward reducing net debt in our calculation.” “With ROC currently trading at 6.7X...

Credit Suisse is raising its 12-month price target on shares of Valspar Corporation (NYSE: VAL) to $39 (from $37), “which is based on an 8.2X EBITDA multiple on our 2012 estimates (with free cash going toward reducing net debt in the calculation for the valuation).” Overall, Credit Suisse said that...

Credit Suisse is raising its target on shares of Nalco Holding Company (NYSE: NLC) to $37 (from $30). “We continue to believe NLC has a solid story with a stable/defensive business platform, but given the aforementioned raw material headwinds and a fair valuation, we are maintaining our Neutral...

Shares of Rockwood Holdings, Inc. (NYSE: ROC) are higher on the session by 3.60%, currently trading at $40.53. The stock has been moving largely higher over the past six months and is currently trading above the 50-day and 200-day moving averages. Options traders are buying calls on the name today...

Credit Suisse is raising its price target on shares of Ecolab Inc. (NYSE: ECL) to $59 from $55, “which represents roughly a 21X P/E multiple and 9.9X EV/EBITDA multiple on our 2012 estimates (assuming all free cash is put toward net debt reduction in the EV/EBITDA calculation), which we believe is...

Today, Credit Suisse is publishing its 2011 Outlook report on the Chemical Space that includes “our updated thoughts for the group as a whole and each company in our coverage universe, our revised price targets as well as our updated 2010, 2011 and 2012 EPS forecasts.” “Despite a bit of a rocky end...

Shares of Flotek Industries, Inc. (NYSE: FTK) are trading up 13.1% at $5.44 per share during the Friday morning trading session. The day's trading range for shares of Flotek Industries, Inc has been between $4.85 and a 52-week high of $5.44 per share. Analysts covering Flotek Industries, Inc. (FTK...

Arch Chemicals, Inc. (NYSE: ARJ) announced that on December 30, 2010 it issued the remaining $125 million principal amount of notes under its agreement with certain institutional investors providing for a private placement of a total of $250 million aggregate principal amount of 4.0% unsecured...

Sigma-Aldrich Corporation (Nasdaq: SIAL) announced today it has acquired all outstanding shares of Cerilliant Corporation of Round Rock, Texas to strengthen the Company's analytical chemistry product portfolio and to continue to deliver on its strategic growth plans.