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for the nine months of 2006 was $138.4 M, or $1.43/ share. Net sales for nine months of 2007 were $1.74 bn ($1.78 bn in nine months of 2006). Catalysts recorded net sales for 3Q 2007 of $216.4 M, a nominal decrease versus 3Q 2006, due primarily to lower volumes in HPC refinery catalysts, partially offset by improved pricing in FCC refinery catalysts and polyolefin catalysts. R&D expenses increased $3.9 M to $15.422 M for 3Q 2007 ($11.549 M in 3Q 2006).
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