Specialty chemicals maker
) Texas City manufacturing facility has won the highest honor of
Texas Chemical Council and Association of Chemical Industry of
Texas (TCC/ACIT). It has clinched the 'Best in Texas' safety
award for its outstanding safety performance. Ashland's Texas
City facility won the 2012 winner's title in the category for
The TCC/ACIT panel comprised industry peers who examined the
safety data and safety programs at 22 member plants. Criteria
such as performance and leadership in employee, contractor safety
programs, and participation in TCC activities and annual training
seminars were taken into account for judging.
The Texas City plant was also honored by TCC/ACIT for having
no recordable injuries/incidents involving employees or
contractors in 2012.
Texas Chemical Council (TCC) is a trade association of
chemical manufacturing facilities in Texas. Sixty eight member
companies are currently associated with TCC, which manufactures
important products for life sustainability and provides
employment opportunities to more than 74,000 Texans at over 200
different plants in Texas.
The Association of Chemical Industry of Texas (ACIT) is a
leading advocate for preserving the chemical industry's economic
vitality. ACIT is an association of both big and small
enterprises ranging from chemical manufacturers, suppliers,
contractors, and a variety of service companies that are vital to
the Texas chemical industry.
Ashland makes nickel and cobalt-based alloys in sheet, coil
and plate forms. Its Consumer Markets segment markets Valvoline,
the world's first lubricating oil.
Last month, Ashland reported second-quarter fiscal 2013 (ended
Mar 31, 2013) adjusted earnings (excluding one-time items) from
continuing operations of $1.78 per share, outshining the Zacks
Consensus Estimate of $1.56 a share. Revenues fell 5% year over
year to $1,974 million, missing the Zacks Consensus Estimate of
$2,057 million. Ashland was challenged by weakness prevailing in
a number of key regions, namely Europe.
Ashland currently carries a short-term Zacks Rank #3
Other companies in the chemical industry that are worth
Shin-Etsu Chemical Co., Ltd.
). All of them retain a Zacks Rank #1 (Strong Buy).
ASHLAND INC (ASH): Free Stock Analysis Report
CELANESE CP-A (CE): Free Stock Analysis
METHANEX CORP (MEOH): Free Stock Analysis
SHIN-ETSU CHEM (SHECY): Get Free Report
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