Engelhard Corporation
Industry: Chemical Manufacturing

Engelhard Corporation is a surface and materials science company that develops technologies to improve customers' products and processes. A Fortune 500 company, Engelhard is a world-leading provider of technologies for environmental, process, appearance and performance applications.

Business Summary
Engelhard Corporation develops, manufactures and markets value-adding technologies based on surface and materials science for a spectrum of industrial customers. The Company also provides its technology segments, their customers and others with precious and base metals and related services. As of January 1, 2005 the Company operated on a worldwide basis with corporate headquarters in the United States, and manufacturing facilities, mineral reserves and other operations in Asia, the European community, North America, the Russian Federation, South Africa and Brazil. The Company's businesses are organized into four segments: Environmental Technologies, Process Technologies, Appearance and Performance Technologies, and Materials Services. In July 2004, the Company acquired The Collaborative Group, Ltd., including its wholly owned subsidiary Collaborative Laboratories, Inc., which provides products and services to the cosmetic and personal-care industries.

Financial Summary
Engelhard Corporation develops, manufactures and markets technology-based performance products and engineered materials for a wide spectrum of industrial customers. EC also provides services to precious and base-metal customers. For the six months ended 06/30/05, net revenues fell less than 1% to $2.13B. Net income fell 2% to $115.9M. Revenue reflects reduction from material services segment. Net income suffered from higher operating expenses.