chemicals

LyondellBasell Industries N.V. (NYSE:LYB) shares are higher after the company reported better-than-expected fourth-quarter 2024 results. LyondellBasell reported revenues of $9.497 billion, down 4.4% year-over-year and above the consensus of $9.225 billion. Adjusted EPS was at $0.75, which is in-...

The chemical industry could be in for a turbulent 2025 spurred by increased demand, cost inflation and President-elect Donald Trump‘s PFAS policies. The Chemicals Analyst: Bank of America analyst Steve Byrne released a note covering the chemicals industry on Tuesday, upgrading and downgrading...

Chemours Co (NYSE: CC) reported in late March its fourth-quarter earnings ahead of expectations. With the company’s accounting issue in the rearview mirror, many of its businesses seem to be at or near an inflection point, according to BMO Capital Markets. The Chemours Analyst: John McNulty...

BofA Securities analyst Steve Byrne said he was bullish on commodity chemical stocks but remained selective given a tough recovery and leans “this way with lithium, as well.” The analyst expected residential and non-resi investments to remain soft, with more resilience in aerospace...

As the economy evolves in 2024, the materials sector might witness a turnaround, boosted by robust supply-demand dynamics. While the sector had a sluggish performance in 2023 amid recession concerns, it could see a positive shift this year. Fidelity, with a keen eye on areas displaying strong...

Ten days after a Norfolk Southern (NYSE:NSC) train carrying hazardous materials derailed in Ohio, the more than 1,500 residents forced to evacuate the area continue to wonder if it's safe to come back home. Norfolk stock opened Monday trading with a 2% drop in price after news of the derailment...

DuPont de Nemours Inc.’s (NYSE: DD) stock has lost 3% since its December peak versus 17% gains in the sector during the same period and appears to have been “over-driven to the downside,” according to JPMorgan. The DuPont De Nemours Analyst: Stephen Tusa upgraded the...

The American Chemistry Council (ACC) wants regulators to look into why chemicals shippers are experiencing "rail service challenges" throughout the U.S. and particularly within the Gulf Coast and Southeast. ACC President and CEO Chris Jahn sent a letter dated Tuesday to the Surface Transportation...

Chemours Co.’s (NYSE: CC) near-term prospects are now brighter, driven by TiO2 cycle improvement and growth in the Fluoroproducts business due to a cyclical recovery and secular trends, according to Goldman Sachs. The Chemours Analyst: Robert Koort upgraded the rating for Chemours from...

LyondellBasell Industries NV (NYSE: LYB) is acquiring a 50 percent stake in Sasol Limited’s (NYSE: SSL) Lake Charles Chemical Project in Louisiana. What Happened: The Dutch multinational will pay $2 billion for the plant and associated infrastructure, the company said in a statement. ...

The plant-based meat alternative faces a "huge opportunity" in the coming years, according to UBS European chemicals equity analyst Andrew Stott. What Happened Investors can find several signs of growth potential in the plant-based food market with the latest coming from the combination...

DuPont de Nemours Inc (NYSE: DD), the diversified specialty chemical company born out of the spin-off of DowDuPont, is "built for success," according to Bank of America Merrill Lynch.  The Analyst Steve Byrne initiated coverage of DuPont's stock with a Buy rating and $76 price...

Balchem Corporation (NASDAQ: BCPC) announced Thursday that it signed a definitive agreement to acquire Chemogas NV, a privately held specialty gases company based in Grimbergen, Belgium. What Happened Balchem is buying Chemogas from the company's management and from Glide Equity Management...

Citi is moving to the sidelines on Platform Specialty Products Corp. (NYSE: PAH) pending the closing of the company’s sale of its agricultural chemicals business.  The Analyst Citi analyst Daniel Jester downgraded Platform Specialty Products from Buy to Neutral and raised the price...