November 29, 2014 12:47 AM ET

Chemicals

Company Overview of Momentive Specialty Chemicals Inc.

Company Overview

Momentive Specialty Chemicals Inc. provides thermoset technologies, specialty products, and technical support for a range of applications and industries worldwide. It operates in two segments, Epoxy, Phenolic and Coating Resins; and Forest Products Resins. The Epoxy, Phenolic and Coating Resins segment offers epoxy specialty resins, modifiers, and curing agents used in the automotive, construction, wind energy, aerospace, and electronics industries; basic epoxy resins, such as solid epoxy resin and liquid epoxy resin for industrial coatings applications; bisphenol-A and epichlorohydrin products; and basic versatic acids and derivatives under the Versatic, VEOVA vinyl ester, and CARDURA glyci...

180 East Broad Street

Columbus, OH 43215

United States

Founded in 1857

5,000 Employees

Phone:

614-225-4000

Key Executives for Momentive Specialty Chemicals Inc.

Chairman
Age: 58
Chief Financial Officer
Age: 60
Executive Vice President and President of Epoxy
Age: 58
Executive Vice President and President of Forest Products Division
Age: 56
Executive Vice President and General Counsel
Age: 56
Compensation as of Fiscal Year 2014.

Momentive Specialty Chemicals Inc. Key Developments

Momentive Specialty Chemicals Inc. Reports Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2014

Momentive Specialty Chemicals Inc. reported unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2014. For the quarter, the company’s net sales were $1,347 million against $1,249 million last year. Operating income was $65 million against $58 million last year. Loss before income tax and earnings from unconsolidated entities was $30 million against $17 million last year. Loss before earnings from unconsolidated entities was $32 million against $74 million last year. Net loss was $28 million against $76 million last year. Total revenues increased 8% as compared to the prior year period primarily reflecting increased volumes in its specialty epoxy, oilfield, and North American formaldehyde businesses. For the nine months, the company’s net sales were $3,977 million against $3,691 million last year. Operating income was $180 million against $152 million last year. Loss before income tax and earnings from unconsolidated entities was $73 million against $82 million last year. Loss before earnings from unconsolidated entities was $96 million against $113 million last year. Net loss was $82 million against $108 million last year. Net cash used in operating activities was $132 million against $23 million last year. Capital expenditures were $133 million against $96 million last year.

Momentive Specialty Chemicals Inc. to Report Q3, 2014 Results on Nov 10, 2014

Momentive Specialty Chemicals Inc. announced that they will report Q3, 2014 results at 9:00 AM, Eastern Standard Time on Nov 10, 2014

Momentive Specialty Chemicals Inc., Q3 2014 Earnings Call, Nov 10, 2014

Momentive Specialty Chemicals Inc., Q3 2014 Earnings Call, Nov 10, 2014

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