Shanghai Cabot Chemical Ltd. (Acquisitions, Expansions).Shanghai Shanghai (shăng`hī`, shäng`hī`), city (1994 est. pop. 12,980,000), in, but independent of, Jiangsu prov., E China, on the Huangpu (Whangpoo) River where it flows into the Chang (Yangtze) estuary. Cabot Chemical Ltd. announced plans to expand its carbon black production facility in Shanghai. China. The expansion of the facility will increase carbon black production output by more than 50,000 metric tons (Transparent Optical Networking Services) A marketing term for providing dark fiber to a customer. The customer is responsible for generating the transmission signal and interpreting it at the other end. See dark fiber. per year through the use of advanced technology developed by Cabot. The cost of the facility expansion is approximately ap·prox·i·mate adj. 1. Almost exact or correct: the approximate time of the accident. 2. proximately prox·i·mate adj. 1. Very near or next, as in space, time, or order. See Synonyms at close. 2. Approximate. [Latin proxim $25 million. The production line is expected to be fully operational by early 2004.
First quarter 2002 financial results
Earnings ($) Sales ($)
AirBoss of America 754,000 43.7 million
Albemarle 16.8 million 224.6 million
American Biltrite 800,000 102.4 million
Applied Industrial
Technologies * 2.7 million 361.5 million
Ball 27.5 million 876 million
Bandag 1.2 million 192.5 million
Celanese EUR 115 million EUR 1.2 billion
Crompton 6.8 million 644.8 million
DSM EUR 68 million EUR 1.8 billion
DuPont 552 million 6.1 billion
Farrel 760,000 7.8 million
FMC 13.2 million 434.2 million
Goodyear Tire & Rubber 63.2 million 3.3 billion
GreenMan Technologies ** 214,000 5.5 million
Industrial Rubber Products 49,902 3.6 million
Lubrizol 29.8 million 467.5 million
Lyondell Chemical 55 million 674 million
MeadWestvaco 63 million 1.46 billion
Millennium Chemicals 34 million 686 million
OM Group 23.4 million 1.2 billion
Omnova Solutions 142 million 156.3 million
Osmonics 2.6 million 53.2 million
Pioneer Companies 9.9 million 71.8 million
Plymouth Rubber 127,000 13.9 million
PolyOne 3.6 million 613 million
Resolution Performance
Products LLC 25 million 187 million
Rheometric Scientific 357,000 7.8 million
Solutia 153 million 654 million
Stepan 4.57 million 181 million
Synalloy 923,000 20.4 million
Trelleborg SEK 173 million SEK 4.5 billion
* Third quarter ended March 31, 2002
** Second quarter ended March 31, 2002
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