29.10.2010 • NewsLubrizolQ3 2010

Lubrizol Third-Quarter Profit Up 24%

Specialty chemical and lubricant maker Lubrizol said its quarterly profit rose 24% as volume and prices rose.

For the third quarter, the company posted net income of $211.8 million, or $3.08 per share, compared with $170.5 million, or $2.46 per share, a year earlier.

Analysts on average expected earnings of $2.62 per share, according to Thomson Reuters I/B/E/S. It was not immediately clear if the numbers were comparable.

Revenue at the Wickliffe, Ohio-based company rose 8.6% to $1.38 billion. Analysts expected $1.41 billion.

CHEManager Spotlight

Standardization and Harmonization of Digital Chemical and Pharmaceutical Logistics
Creating Interfaces

Standardization and Harmonization of Digital Chemical and Pharmaceutical Logistics

CHEManager Spotlight is an exclusive event tailored for practitioners and decision-makers in the chemical industry. This part of our event series delves into the latest trends and innovations in logistics to streamline your operations and drive efficiency.

Interview

Specialty Chemicals in a Shifting World
Adapting to Tariffs and Strengthening Regional Networks

Specialty Chemicals in a Shifting World

Jennifer Abril, President & CEO of SOCMA, discusses the impact of new tariffs and the importance of regional supply networks in the specialty chemical industry.