Tuesday, August 16, 2011

Detrex Corporation Reports Profit for the Second Quarter of 2011


SOUTHFIELD, Mich. -- Detrex Corporation (Pink Sheets: DTRX), a diversified manufacturer of PVC and CPVC pipe, duct and shapes and specialty chemicals including additives for industrial petroleum products and high purity hydrochloric acid, today announced second quarter 2011 net income of $1,267,352, or $0.78 per fully diluted share, compared to net income of $769,029, or $0.49 per fully diluted share, in the second quarter of last year. Year-to-date net income was $2,536,496 or $1.56 per fully diluted share, compared to net income of $1,114,238, or $0.70 per fully diluted share, in the same period of 2010.


[Table Omitted]Remove the garden hose cap from the other end of the PVC pipe, and fill the pipe with pre-mixed (ready to use) RoundUp. Replace the garden hose cap and you have yourself a weed dabber. The RoundUp will seep out the hole in the end of the pipe cap and be absorbed by the sponge. As long as the garden hose cap is tight, the vacuum in the pipe will keep the herbicide from running out too fast. Once the sponge is damp, you can start dabbing weeds. Remember, you only want the weeds damp and not dripping wet. As long as you are leaving some RoundUp on the weeds as you dab them, the herbicide should kill them.The earnings improvement is the result of a combination of higher volume, better margins from improved pricing power and continued expense control. A portion of the earnings improvement was offset by an environmental charge of $550,000 in the second quarter and $1 million year-to-date which reflect the Company’s current practice of replenishing the environmental reserve by an amount at least equal to spending in the current year. No such charges were made in the first half of 2010.Now you are ready to attach your wind turbine to the tower and wire everything so you can start producing your own electrical energy. I realize this is just a glimpse of how I built my own wind turbine, but it gives you a starting point to build your own. I have a guide that I used available at my website.Start by going to your hardware store and buying a piece of 1- 1/2� PVC pipe. You only need a piece 30� long, but they might make you buy a 10' section. It's pretty cheap though. You'll need a plastic PVC cap for one end of the pipe, and on the other end you'll need an adapter to convert the PVC pipe to a standard pipe thread. You'll have to let the clerk at the hardware store help you find the best combination of fittings to use. What you need to do is to get the PVC pipe reduced down to a male garden hose type fitting. Hardware stores sell brass fittings that convert standard pipe thread to the same thread used on garden hoses.Now I am ready to fabricate my turbine blades that will turn the motor in the wind. I used a piece of 6� PVC schedule 40 white plumbing pipe, and I cut it into 3 equal pieces 36� long. These must be cut exact so that very little balancing will have to be done. To be honest with you it took me two tries at this to get it right.

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