NEW YORK, March 20, 2013 /PRNewswire/ --
Today, Wall Street Source announced new research reports highlighting Praxair, Inc. (NYSE:PX), Sherwin-Williams (NYSE: SHW), Eastman Chemical Company (NYSE: EMN), Huntsman Corporation (NSYE: HUN) and Methanex Corporation (USA) (NASDAQ: MEOH). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Praxair, Inc. Research Report
Praxair has completed its acquisition of NuCO2 Inc., a supplier of fountain beverage carbonation in the United States, for $1.1 billion. Praxair states that this acquisition will allow the company to expand its beverage carbonation business domestically and internationally by broadening its product and service offerings. For the rest of the year, Praxair expects earnings per share to be in the range of $1.27 to $1.32. The company cites its growing backlog of large projects and new proposal activity, with backlogs expected to grow 4 to 6 percent in 2013. Praxair expects sales to be in the area of 12 billion. By expanding its offerings to better serve customers, Praxair may be on its way to another strong year. The Full Research Report on Praxair, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.wallstsource.com/r/full_research_report/8767_PX]
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Sherwin-Williams Company Research Report
For the coming year, Sherwin-Williams expects net sales to be above 2012 levels by a mid-single digit percentage. The company is expected to benefit from expanding its paint stores platform, opening 70 net new stores in 2012, finishing the year with 3520 stores in operation. Sherwin-Williams is confident that its strong balance sheet allows it to further invest in its business and close its proposed Comex acquisition. This will allow the company to strengthen its architectural paint business in the Mexico and Canada. As the US housing market recovers, Sherwin-Williams also expects the demand for its products to pick up and allow the company to deliver strong results. The Full Research Report on Sherwin-Williams Company - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.wallstsource.com/r/full_research_report/474c_SHW]
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Eastman Chemical Company Research Report
Eastman Chemical Company is currently in the process of continuing its integration with its Solutia acquisition, expanding capacity to serve customers in growing end-markets and further realizing the benefits of producing versus purchasing olefins. Furthermore, The US Environmental Protection Agency (EPA) has named Eastman Chemical Company as a 2013 ENERGY STAR Partner of the Year for managing and improving energy efficiency during 2012. According to Bob Perciasepe, acting administrator of US Environmental Protection Agency, "Superior energy management is our most cost-effective climate strategy and Eastman continues to exemplify leadership in this category." The Full Research Report on Eastman Chemical Company - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.wallstsource.com/r/full_research_report/4463_EMN]
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Huntsman Corporation Research Report
Huntsman has increased its stake in Nippon Aqua Co., a company that produces spray polyurethane foam (SPF) insulation based in Yokohama, Japan. Anthony P. Hankins, President of Huntsman's Polyurethanes division, comments that Nippon Aqua is well-positioned to satisfy the region's growing demand for more effective insulation. Last quarter, the company's polyurethane sales volume increased due to strong global demand for insulation, driven by the housing and automotive recovery in North America. This is expected to continue in the coming year, and this increased stake in Japan positions Huntsman to benefit from insulation demand in new markets. The Full Research Report on Huntsman Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.wallstsource.com/r/full_research_report/0154_HUN]
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Methanex Corporation (USA) Research Report
Shares of Methanex Corporation spiked after Jefferies Group upgraded Methanex Corporation from Hold to Buy. The firm notes that "faster and longer methanol peak" will be beneficial to the company in the near-term. For the coming year, Methanex expects methanol demand from integrated methanol to olefins facilities to be 52 million tons, while industrial production is also expected to further stabilize demand. Lastly, energy-related applications are expected to increase its demand for methanol in gasoline blending and dimethyl ether (DML), especially in China. This increased demand is expected to further boost sales for the company as it expands its production capacity. Methanex recently expanded its New Zealand operations to increase its production by 700,000 tons to 2.2 million tons by the end of 2013. This expansion plan is expected to enhance the company's supply capability to fast-growing Asian markets and add value for shareholders. The Full Research Report on Methanex Corporation (USA) - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.wallstsource.com/r/full_research_report/ba15_MEOH]
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