CW75 stock performance.(chemical industry)(Illustration)

Chemical Week, March, 2004

The CW75 fell 2.3% for the week ending March 24, in line with broader indexes, amid concerns about terror attacks. Basic chemical stocks decreased 1.6%, outperforming diversified and specialty stocks, which fell 2.3% and 2.4%, respectively.

Sasol's stock topped the leaders list on news that Sasol Chevron has agreed to a $6-billion plan with Qatar Petroleum to expand gas-to-liquids capacity by about 200,000 bbl/day in Qatar. Eastman Chemical's shares rose 2.2%, after the company raised its first-quarter earnings estimates.

Crompton's shares slumped 14.1%, to $5.83/share after the company pleaded guilty to charges of rubber chemical price fixing. IFF stock fell 9.7% following news that a Missouri jury ordered the company to pay $20 million to a former...

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