PHILADELPHIA, PA -- Rohm and Haas Q3 earnings increased by about 2%. For the third-quarter ending Sept. 30, net income was $131 million ($0.67 per share) compared with a Q3 2007 net income of $129 million ($0.61 per share).
 
Excluding certain items, including hurricane-related charges and costs related to the Dow Chemical buyout, earnings were $0.90 per share. Revenue rose 12% to $2.47 billion from $2.20 billion.

“Our coordinated and prompt response to rapidly changing conditions and our timely pricing and cost reduction actions gained significant traction in the quarter, allowing us to largely offset rising raw material and energy costs,” Raj L. Gupta, chairman and chief executive officer, said in a statement.

The electronic materials group reported a 14% jump in sales, and the specialty materials group's revenue rose 9%.
 
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