CHF meeting focuses on growth and margin recovery.(Conferences)(Chemical Heritage Foundation)

Chemical Week, July, 2004 by Hunter, David

Growth prospects and the ability to recover pricing leverage were among the major themes at the Chemical Heritage Foundation's (CHF) first annual Chemical Industry Conference, held recently at CHF's Philadelphia headquarters. Eight companies based in or near Philadelphia presented to an audience of 120, mainly drawn from the financial community. The companies represented a varied mix from DuPont, Rohm and Haas, and Air Products through medium-sized players Engelhard, FMC, Airgas, and Cytec Industries, to $340-million/year Quaker Chemical.

Several speakers efforts to develop new growth opportunities. Rohm and Haas (R&H) spent 42% of its $238-million R&D budget last year on new products, technologies and "step-out opportunities," says president and COO Michael...

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