U.S. anti-trust authorites are about to clear ROH's acquisition. Federal Trade Commission lawyers say the deal should go through after DOW agrees to sell its acrylic and emulsion business.
ROH announced it would increase packaging and building material prices by 6-8% to offset the rising input costs.
Chemicals maker Rohm and Haas Co. said Monday fourth-quarter earnings rose 8 percent as demand for semiconductor technologies and salt used for ice control increased sharply. --Reuters
The third quarter results will include an after-tax, non-cash charge of $42 million, or $0.20 per share, to recognize the potential impact of a recent court decision regarding the Rohm and Haas U.S. Pension Plan.