E. I. du Pont de Nemours and Company
) announced the results of a test, which showed that cookware
with Teflon non-stick coatings is more durable and provided
superior nonstick food release lasting compared with ceramic
coatings. Teflon provides the customers with superior performance
and also makes the clean up easy for them.
Consumers using Teflon cookware can also save money by less
frequently replacing worn out ceramic cookware. This also makes
them eco friendly as less energy is utilized and also lesser
cookware is discarded.
Ceramic coating, on the other hand, is made up of synthesized
polymer, which does not have a lasting non-stick release. Also,
Ceramic coatings are not as healthy as the other products that
are available in the market.
Also, Teflon non-stick coatings have been confirmed to be safe
for use by the regulatory agencies around the world as they are
made without using perfluorooctanoic acid. Teflon non-stick
coatings are registered trademark for DuPont and are used to
enhance performance in paints, fabrics, carpets, home
furnishings, clothing and others.
On Jan 22, DuPont posted adjusted earnings from continuing
operations (excluding the performance coatings business) of 11
cents per share for fourth-quarter 2012, beating the Zacks
Consensus Estimate by a couple of cents. Net sales were
essentially flat year over year at $7,325 million but exceeded
the Zacks Consensus Estimate of $7,253 million.
Despite unfavorable currency exchange swings, the Agriculture
segment delivered healthy sales in the fourth quarter boosted by
higher volume and strong performance of the crop protection
business. The company expects continued strong growth in crop
protection in 2013 driven by new products.
DuPont currently holds a short-term Zacks Rank #3 (Hold).
Other companies in the chemical industry with favorable Zacks
Akzo Nobel NV
). All three retain a Zacks Rank #1 (Strong Buy).
AKZO NOBEL NV (AKZOY): Free Stock Analysis
ARKEMA-ADR (ARKAY): Get Free Report
BASF SE (BASFY): Free Stock Analysis Report
DU PONT (EI) DE (DD): Free Stock Analysis
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