CHEMICAL STOCKS
Prices plunge in third quarter for all surveyed companies
THIRD-QUARTER STOCK PRICEa
CHANGE FROM SECOND-QUARTER
CHANGE FROM 2001
PRICE/ EARNINGS
HIGH
LOW
CLOSE
CLOSE
CLOSE
RATIOb
Air Products
$51.35
$40.55
$42.01
–16.8%
–10.4%
18
Albemarle
31.64
25.29
25.29
–17.8
5.4
17
Arch Chemicals
25.25
17.72
17.72
–28.3
–23.6
38
Cabot
28.35
21.00
21.00
–26.7
–41.2
13
Cambrex
39.90
27.25
36.80
–8.2
–15.6
20
Crompton
12.20
9.54
10.05
–21.2
11.7
def
Cytec Industries
31.85
21.95
21.95
–30.2
–18.7
14
Dow Chemical
34.53
26.19
27.31
–20.6
–19.2
55
DuPont
45.12
36.07
36.07
–18.8
–15.1
24
Eastman Chemical
47.81
4.18
38.17
–18.6
–2.2
28
FMC Corp.
30.33
23.46
25.82
–14.4
–17.3
9
H.B. Fuller
30.05
24.54
26.60
–9.2
–7.5
14
Georgia Gulf
26.59
20.83
22.87
–13.5
23.6
def
W.R. Grace
3.05
1.46
1.60
–46.7
3.2
1
Great Lakes Chemical
29.00
21.64
24.02
–9.3
–1.1
47
Hercules
11.90
8.74
9.21
–20.6
–7.9
19
IMC Global
14.93
8.93
12.05
–3.6
–7.3
def
Lubrizol
33.30
27.32
28.27
–15.6
–19.4
14
Monsanto
18.79
13.80
15.29
–14.1
–54.8
11
NL Industries
15.89
13.52
14.51
–4.9
–5.0
19
PPG Industries
62.44
44.70
44.70
–27.8
–13.6
18
Praxair
58.28
45.61
51.11
–10.3
–7.5
17
Rohm and Haas
41.55
31.00
31.00
–23.4
–10.5
23
Solutia
9.96
4.43
5.22
–25.6
–62.8
15
Stepan
29.21
24.65
26.85
–5.0
10.6
17
C&EN indexc (1992 = 100)
160
130
133
–17.5%
–14.0%
--
Dow Jones industrial average
9380
7592
7592
–17.9%
–24.2%
--
a Adjusted for stock splits. b As of Sept. 30. Excludes extraordinary and nonrecurring items. c Based on the average stock price for the above-named 25 companies. def = deficit in previous four quarters.
Chemical & Engineering News
Copyright © 2002 American Chemical Society
