Croda International

Article Abstract:

Croda International is a chemicals group which is exposed to weaknesses in industrial markets and to stock market concerns about the impact of a strong pound sterling and the Asian economic crisis. The company's operating profit has been hit by its exposure to Asian markets and profit forecasts for 1998 have been downgraded. Input prices could drop for some of the company's raw materials. Croda could attract a bid, but the company's stocks are vulnerable due to its price-earnings ratio.

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Yule Catto

Article Abstract:

Yule Catto is a specialty chemicals concern with larger competitors so has little protection against cyclical changes. The company sells synthetic latex to paper producers and this market is performing well. The company is also opening a resin emulsion plant to supply ICI's paint operations. Operating profit from chemicals rose in 1st half 1996 while building materials dropped. The company's profit is forecast at 38 million pounds sterling for 1996 by James Capel.

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ICI

Article Abstract:

ICI is seeking to reduce its debts through a dividend reduction. The company has moved into specialty chemicals.

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