Projects, Partnerships, and Divestitures between Chemical and Material Providers - Research Report on Mosaic, Williams Partners, Cytec, Rockwood, and Albemarle
NEW YORK, June 21, 2013 /PRNewswire/ --
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Today, Wall Street Reports announced new research reports highlighting The Mosaic Company (NYSE: MOS), Williams Partners L.P. (NYSE: WPZ), Cytec Industries Inc. (NYSE: CYT), Rockwood Holdings, Inc. (NYSE: ROC), and Albemarle Corporation (NYSE: ALB). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
The Mosaic Company Research Report
On June 18, 2013, The Mosaic Company (Mosaic) and CF Industries, Inc. (CF Industries) reported that together they create more than half of the 10,573 direct jobs at the Port of Tampa from the movement of phosphate rock and raw materials, as well as crop nutrition and animal feed supplies and products. According to a study conducted by the Tampa Port Authority, the phosphate industry supports more than half of the Port's 80,000 direct, indirect, and related jobs. "Phosphate continues to be a significant contributor to jobs and the Tampa Bay economy, as well as the Port of Tampa," said Bo Davis, Senior Vice President of Phosphate Operations at Mosaic. The Company reported that the regional phosphate fertilizer production industry accounts for approximately 12 million tons, or roughly 35%, of cargo through the Port of Tampa. The Full Research Report on The Mosaic Company - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.wsreports.com/r/full_research_report/96e9_MOS]
Williams Partners L.P. Research Report
On June 14, 2013, Constitution Pipeline Company, LLC (Constitution Pipeline), a limited liability company owned by subsidiaries of Williams Partners L.P. (Williams Partners) and other companies, announced that it has filed an application with the Federal Energy Regulatory Commission (FERC) seeking approval for the construction of a 122-mile pipeline that will connect domestic natural gas production in northeastern Pennsylvania with northeastern markets by spring 2015. The Company reported that the project is designed to transport up to 650,000 dekatherms of natural gas per day from Williams Partners' gathering system to the Iroquois Gas Transmission and Tennessee Gas Pipeline systems. The capital cost of the project is estimated to be $683 million. According to a joint statement issued by the Constitution members, "The Constitution Pipeline would become a key piece of natural gas infrastructure in the region, supporting the overall reliability and diversification of energy infrastructure in the northeastern United States and helping our nation realize the full benefit of these abundant, clean-burning natural gas supplies." Williams Partners owns a 41% share of Constitution Pipeline and will provide construction, operation, and maintenance services for the new pipeline through its affiliates. The Full Research Report on Williams Partners L.P. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.wsreports.com/r/full_research_report/8c8a_WPZ]
Cytec Industries Inc. Research Report
On June 18, 2013, Cytec Industries Inc. (Cytec) announced that the Company has been selected as the preferred advanced materials supplier for the Leading Edge Aviation Propulsion (LEAP) high-bypass turbofan engine program. The LEAP-1 engine program's use of advanced composite materials is expected to reduce the weight by an estimated 500 pounds per aircraft. Cytec plans to expand production capacities in Europe and the US to support the LEAP engine program. The LEAP-1 engine will use the Company's CYCOM PR520 RTM resin system via its fan blades and containment cases based on its unique performance characteristics. The resin system offers superior damage tolerance and good strain capability required for primary structure aerospace applications. The Full Research Report on Cytec Industries Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.wsreports.com/r/full_research_report/ce9e_CYT]
Rockwood Holdings, Inc. Research Report
On June 16, 2013, Rockwood Holdings, Inc. (Rockwood) announced that it has entered into a definitive agreement to sell CeramTec, its advanced ceramics business, to Cinven for €1.5 billion gross proceeds (c.$2 billion). Rockwood informed that Cinven has obtained fully committed financing for the transaction, which is expected to be completed during Q3 2013, upon receipt of appropriate regulatory approvals. "We expect to use the substantial net cash proceeds to support our balanced approach to net reduction, return of capital to shareholders, and re-investment in our complementary growth core businesses," said Seifi Ghasemi, Chairman and CEO of Rockwood. "We are pleased to have entered into the transaction with Cinven as they are well positioned to continue to advance CeramTec's growth prospects," added Ghasemi. The Full Research Report on Rockwood Holdings, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.wsreports.com/r/full_research_report/25ca_ROC]
Albemarle Corporation Research Report
On June 17, 2013, Albemarle Corporation (Albemarle) announced that it would release its Q2 2013 earnings at the close of NYSE on July 17, 2013. The Company will hold a conference call on July 18, 2013 at 9:00 am ET, to discuss the Q2 2013 results. Further, on June 10, 2013, Albemarle announced that Gerald A. Steiner has been elected to the Company's Board of Directors, effective July 1, 2013. Steiner is the Executive Vice President of Sustainability and Corporate Affairs at Monsanto Company. "Jerry's twenty-five plus years of experience with Monsanto will serve Albemarle and its shareholders well," said Luke Kissam, CEO of Albemarle. Jim W. Nokes, the Chairman of the Company's Board of Directors, added, "Jerry brings a wealth of global business, strategy, and corporate affairs experience to an already strong and diverse board of directors." The Full Research Report on Albemarle Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.wsreports.com/r/full_research_report/a153_ALB]
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