Emerald Group Publishing Limited
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Rohm and Haas updates implementation progress of its Vision 2010 Strategy
Article Type: Industry news From: Pigment & Resin Technology. Volume 37, Issue 3.
Rohm and Haas Company announced that its Vision 2010 plan is on track to generate 11-$12 billion in sales and 5.50-$6.00 per share in earnings by 2010. This performance is driven by accelerated growth in its segments of electronic materials, coatings, and niche businesses. Key outcomes include focusing the portfolio to build three core businesses: a $3.5+billion electronic materials business; a $3+billion coatings business; and a $1.5 billion portfolio of technologically differentiated businesses. On a geographic basis, the company forecasts a balanced distribution of its sales and earnings by 2010, with North America representing 35 percent of total sales, rapidly developing economies in Asia, Central and Eastern Europe and Latin America representing approx. 35 percent of sales, with the remaining 30 percent represented by Western Europe, Japan and Australia.