LyondellBasell Industries NV
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Why Did LyondellBasell’s 3Q16 Earnings Miss Estimates?
LyondellBasell (LYB) reported adjusted EPS (earnings per share) of $2.31 in 3Q16 compared to $2.80 in 3Q15, implying a fall of 17.5%.
A Quick Look at a Few Chemical Companies in 2016
In this series, we’ll take a look at the performances of a few top chemical companies and how the policies of Trump and Clinton could impact those companies.
Dow Chemical and Sadara Announce Start-Up of Mixed Feed Cracker
On August 29, 2016, Sadara Chemical (SADARA), a joint venture of Dow Chemical (DOW), and Saudi Aramco announced the start-up of its mixed feed cracker.
Analyzing DuPont’s Stock Performance in 2017
With DuPont stock continuing to rise, it’s trading 8.1% above its 100-day moving average of $72.10. The movement indicates the stock’s upward trend.
How Wall Street Analysts Rate LyondellBasell ahead of 1Q18 Earnings
The analyst consensus target price for LyondellBasell is $116.82, implying a return potential of 8.5% over the closing price of $107.68 as of April 20, 2018.
LyondellBasell Announces New Share Repurchase Program
On May 24, 2017, LyondellBasell’s (LYB) board authorized a new share repurchase program. It can repurchase up to 10% of its outstanding shares over the next 18 months.
LyondellBasell and Suez Complete QCP Acquisition
On March 14, 2018, LyondellBasell (LYB) and Suez announced the completion of the Quality Circular Polymers (QCP) acquisition.
What Are LyondellBasell’s Global Rankings?
LyondellBasell (LYB) is the leading global producer of olefins and polyolefins.
LyondellBasell Grants New Spherizone Licenses
On December 5, LyondellBasell announced that it had granted Spherizone licenses to China Petroleum Materials and PetroChina Liaoyang Petrochemical.
Eastman Chemical Saw a Marginal Fall in Q3 2018
On October 25, Eastman Chemical (EMN) announced its third-quarter earnings results. EMN reported adjusted EPS of $2.34.
How Praxair’s European Revenue Is Trending
Praxair’s (PX) European segment contributed 14.5% of its total revenue in Q2 2018, compared with 13.5% in Q2 2017.
A Quick Look at DuPont’s Valuation ahead of Its 4Q16 Earnings
On January 18, 2017, DuPont was trading at a one-year forward PE of 19.80x compared to its peers Dow Chemical (DOW) and LyondellBasell (LYB).
Dow Chemical Unleashes New Investment Plans
On September 12, Dow Chemical, part of DowDuPont (DWDP), announced debottlenecking and capacity expansion plans in its silicones business.
DowDuPont’s Q3 Revenue Grew but Fell Short of Estimates
DowDuPont (DWDP) reported Q3 2018 revenues of $20.12 billion, an increase of 10.0% over its pro forma revenues of $18.29 billion in Q3 2017.
Eastman Chemical Expands Impera Resins Production
On May 28, Eastman Chemical stock fell 1.3% and closed at $67.89. On a year-to-date basis, the stock has fallen 6.1%.
Why PPG Industries’ Adjusted Q1 Earnings Might Fall
In a press release on March 27, PPG Industries (PPG) said that it would announce its first-quarter earnings on April 18 before the market opens.
Celanese: Lori Ryerkerk Is the New CEO
In a press release on April 8, Celanese (CE) announced changes in its top leadership. Lori Ryerkerk will succeed Rohr as the company’s CEO.
A. Schulman Announced a Convertible Special Stock Dividend
In a press on April 3, A. Schulman declared a quarterly dividend of $15.00 per share for the holders of its convertible special stock.
APD’s Dividend Yield Fell despite the Higher Dividend
As of March 28, Air Products and Chemicals’ dividend yield was 2.45%—30 basis points less than the fourth-quarter dividend yield of 2.75%.
Eastman Chemical: New Client Order for Its Tritan Copolyester
In a press release on March 21, Eastman Chemical (EMN) announced that Tritan will collaborate with Skullcandy.
Celanese Increases Acetyl Intermediate Prices
In a press release on March 20, Celanese (CE) announced a price increase on several acetyl intermediate products.
DowDuPont Subsidiary Confirms Share BuyBack after Separation
In a press release on March 18, Dow announced that it had confirmed the adoption of its stock repurchase plan.
Celanese’s ATEVA EVA Polymers: Higher Price
In a press release on March 13, Celanese (CE) announced that it would increase the price of its ATEVA EVA polymers.
DowDuPont Board Approves Materials Science Division Separation
In a press release on March 8, DowDuPont (DWDP) made an announcement that its board of directors has approved the separation of DowDuPont’s Materials Science division.
Praxair to Expand with New Hydrogen Plant in Louisiana
In a press release on February 28, Praxair announced the construction of new hydrogen plant in Louisiana.
How Good Is DowDuPont’s Dividend Yield?
DowDuPont’s dividend yield has been on an upward trend due to the decline in its stock price.
DowDuPont’s Key Dividend Dates Are Approaching
In a press release on February 14, DowDuPont (DWDP) announced its regular quarterly dividend for the first quarter.
Westlake Chemical Reported Disappointing Q4 Earnings
On February 19, Westlake Chemical (WLK) announced its fourth-quarter earnings. The company reported an adjusted EPS of $0.95.
Celanese Announced Higher Acetyl Intermediates Prices
On February 20, Celanese (CE) announced higher prices for acetyl intermediate products.
Praxair Started the New Syngas Plant in Geismar
On February 18, Praxair, the wholly owned subsidiary of Linde (LIN), announced that it completed the Syngas plant in Geismar, Louisiana.
LyondellBasell Declared Its First-Quarter Dividend
In a press release on February 22, LyondellBasell (LYB) announced its first-quarter dividend.
Corteva Agriscience Provided Its 2019 Guidance
On February 21, Corteva Agriscience, DowDuPont’s (DWDP) agriculture division, provided its 2019 guidance in its sell-side analyst meeting.
LyondellBasell Bagged a New Order in India
In a press release on February 13, LyondellBasell (LYB) announced that it bagged a new client order in India.
Praxair to Double the Neosho Plant’s Capacity
Linde stock rose 4.5% and closed at $168.54. The stock traded 5.2% above the 100-day moving average price of $160.21.
DowDuPont Declared Its Quarterly Dividend
DowDuPont declared a dividend of $0.38 per share, which indicates that there isn’t a change in the dividend rate year-over-year.
Celanese Completes Acquisition of Linde’s Synthesis Gas Unit
In a press release on February 13, Celanese (CE) announced that it had completed the acquisition of a synthesis gas production unit from Linde.
Celanese to Increase Acetyl Intermediates Prices
On January 31, Celanese (CE) announced that it would increase acetyl intermediates prices. The price increase is effective immediately.
DowDuPont Feels the Currency Heat in Q4—Down More than 8% Today
DowDuPont (DWDP) announced its fourth-quarter earnings results on January 31, 2019.
H.B. Fuller Announced Its Fourth-Quarter Earnings
On January 16, H.B. Fuller (FUL) announced its fourth-quarter earnings. In the fourth quarter, the company reported an adjusted EPS of $0.79.
PPG’s Performance Coatings’ Q4 Revenue Grows, Margin Remains Flat
PPG Industries’ Performance Coatings segment reported revenue of $2.14 billion in the fourth quarter, flat year-over-year.
What Caused PPG’s Q4 2018 Revenue to Fall?
For the fourth quarter, PPG Industries (PPG) reported revenue of $3.64 billion, a fall of 1.0% YoY (year-over-year).
Celanese Appointed a New General Counsel
On January 17, Celanese (CE) announced that it appointed A. Lynne Puckett as the company’s senior vice president and general counsel.
LyondellBasell Takes a Leadership Role to End Plastic Waste
On January 16, LyondellBasell announced that along with Proctor & Gamble and Veolia, it will lead the global Alliance to End Plastic Waste.
Hanwha Total Petrochemical: W.R. Grace’s New Order
On January 8, W.R. Grace (GRA) announced that it got a new order for its UNIPOL PP Process Technology.
APD to Build Second Hydrogen Plant in California
On January 7, Air Products and Chemicals (APD) announced that it plans to build a second liquid hydrogen plant in California.
A. Schulman Announces Dividend for the Convertible Special Stock
On January 4, A. Schulman, a subsidiary of LyondellBasell (LYB), announced a quarterly dividend for its convertible special stock.
Westlake Chemical Completed the Nakan Acquisition
On January 2, Westlake Chemical (WLK) announced that it completed the Nakan acquisition.
Celanese Completed the Next Polymers Acquisition
Celanese announced that it completed the acquisition of Next Polymers. The acquisition will likely help Celanese improve its footprint in India.
Ashland Increases Composite Product Prices in India
On January 3, Ashland (ASH) announced that it will increase composite product prices. The price increase is limited to India.
Praxair Surface Technologies Won an Award
On December 20, Praxair announced that its subsidiary Praxair Surface Technologies won Pratt & Whitney’s 2018 Supplier Sustainability Award.
Celanese Increased VAM Prices in Asia outside China
On December 21, Celanese (CE) increased VAM (vinyl acetate monomer) prices. The price increase is only applicable to Asia outside China.
Air Products and Chemicals Increases Gas Prices in North America
On December 17, Air Products and Chemicals (APD) announced that it would increase the prices of bulk and industrial gases.
Eastman Chemical and Clariant’s Collaboration
On December 12, Eastman Chemical (EMN) announced that it entered into a collaboration with Clariant to distribute its Tamisolve NxG solvent.
Analyzing Eastman Chemical’s Dividend in the Fourth Quarter
Eastman Chemical’s (EMN) fourth-quarter ex-dividend date is around the corner. Eastman Chemical will trade ex-dividend on December 14.
LyondellBasell: Analysts’ Views and Recommendations
For LyondellBasell, 30% of the analysts recommended a “buy,” 65% recommended a “hold,” and 5% recommended a “sell.”
LyondellBasell’s Dividend Yield Peaked
As of the close on December 6, LyondellBasell’s (LYB) dividend yield was 4.53%—the highest yield in the past six years on a sequential basis.
Albemarle: What Institutional Activities Suggest
The 13F filings on September 30 indicate that institutional investors own ~93.4% of Albemarle’s (ALB) outstanding shares.
Analyzing Eastman Chemical’s Free Cash Flow
In the past five years, Eastman Chemical has generated an average free cash flow of $871.20 million.
Eastman Chemical’s Debt-to-Equity Ratio Will Increase
At the end of the third quarter, Eastman Chemical’s total debt was $6.62 billion. The company’s debt increased after declining for three years.
Eastman’s Saflex Manufacturing Sites Attain IATF Quality
Eastman Chemical stock fell 6.6% and closed at $77.64 for the week that ending November 23. The stock underperformed FXZ, which fell 3.2%.
Linde Will Supply Long-Term Industrial Gases to NLMK
The volatile environment in the stock market caused Linde stock to fall 1.2%. The stock closed at $156.19 for the week ending November 23.
Westlake Chemical Announced Its Fourth-Quarter Dividend
On November 16, Westlake Chemical (WLK) announced the key dates for its fourth-quarter dividend.
DowDuPont to Raise $12.7 Billion in Debt
On November 13, DowDuPont (DWDP) announced that it intends to raise $12.7 billion in debt through senior notes.
APD’s Industrial Gases–EMEA Segment: Lowest Margin in Two Years
In the fourth quarter, the Industrial Gases–EMEA segment’s total revenue contribution expanded by 0.7 percentage points YoY.
DowDuPont’s Material Science Revenues Rose in Q3
DowDuPont’s (DWDP) Material Science segment, which will be spun off and called Dow by the end of Q1 2019, accounted for 61.7% of DWDP’s total revenues in Q3 2018.
IFF: How Much Upside Do Analysts See?
For International Flavors and Fragrances, 42% of the analysts recommended a “buy,” 42% recommended a “hold,” and 16% recommended a “sell.”
IFF Is Set to Post Record Q3 Revenues despite Lower Growth
International Flavors and Fragrances (IFF) is expected to report revenues of $895.83 million in its third-quarter earnings.
LyondellBasell’s Q3 Top and Bottom Line Beat the Estimates
On October 30, LyondellBasell (LYB) reported its third-quarter revenues of $10.15 billion, which reflect an increase of 19.25% YoY.
W.R. Grace Declares a Quarterly Dividend
On October 24, W.R. Grace (GRA) announced its regular quarterly dividend. GRA declared a dividend of $0.24 per share.
Celanese Increases Prices of Ethyl Acetate in the Americas
On October 22, Celanese (CE) announced that it would be increasing the prices of ethyl acetate in the Americas region.
Why PPG’s Performance Coatings Segment Margins Declined
PPG Industries’ (PPG) Performance Coatings segment is the most significant contributor to the company’s overall revenue in Q3 2018.
PolyOne Increased Its Quarterly Dividend
On October 11, PolyOne declared its quarterly cash dividend. The press release said that PolyOne would pay a dividend of $0.195 per share.
Celanese Acquires Next Polymers
On October 11, Celanese (CE) announced that it entered into a definitive agreement to acquire Next Polymers.
LyondellBasell Introduces New Purell Copolymer
In a press release on October 11, LyondellBasell discussed the launch of a new copolymer—Purell EP374M.
Celanese’s Short Interest at Highest Level in 2018: What That Means
The latest short interest report on August 31 indicates that Celanese’s (CE) short interest is at the lowest point since the beginning of 2018.
Celanese’s Free Cash Flow: Can It Help Reduce Its Debts?
At the end of the second quarter of 2018, CE generated free cash flow of $562 million.
Celanese’s Debt Trend in 2018: Where Is It Headed?
At the end of the second quarter of 2018, Celanese (CE) reported debt of ~$.3.6 billion.
LyondellBasell and Covestro to Start New Project in Maasvlakte
On September 4, LyondellBasell (LYB) and joint venture partner Covestro announced they had initiated a new project at their site in Maasvlakte-Rotterdam in the Netherlands.
DowDuPont to Be Part of FTSE4Good Index
On August 25, DowDuPont (DWDP) announced that it had been named as a part of the FTSE4Good Index Series.
Westlake Chemical Increased Its Quarterly Dividend
On August 17, Westlake Chemical (WLK) increased its quarterly dividend. Westlake Chemical will pay $0.25 per share.
Celanese Obtained Four New Patents for Its Sunett Sweetener
The news about new patents didn’t have a positive impact on Celanese stock. The stock declined 0.7% and closed at $115.69 for the week ending August 17.
Celanese Announces Price Increase on Acetyl Intermediate Prices
On August 9, Celanese (CE) announced a price hike for several acetyl intermediate products. The price hike is related to the Asia region.
Why Albemarle’s Catalysts Segment Revenue Rose despite Divestiture
Albemarle’s (ALB) Catalysts segment accounted for 33.4% of ALB’s total revenues in Q2 2018 compared to 35% in Q2 2017, a decrease of 1.6 percentage points on a YoY (year-over-year) basis.
How Albemarle’s Bromine Specialties Segment Performed in Q2
Albemarle’s (ALB) Bromine Specialties segment accounted for 25.8% of the company’s total revenues in Q2 2018 compared to 27.7% in Q2 2017.
What Drove DowDuPont’s Agriculture Segment Revenue Higher in Q2?
DowDuPont’s (DWDP) Agriculture segment accounted for 23.6% of DWDP’s Q2 2018 revenues compared to 22.2% in Q2 2017 on a pro forma basis.
DowDuPont Reports Q2 2018 Earnings: Beats Estimates, Stock in Red
DowDuPont (DWDP) announced its Q2 2018 earnings today. Its revenues were ~$24.24 billion, a growth of 17% year-over-year.
Inside Praxair’s Asian Segment in Q2 2018
Praxair’s (PX) Asian segment was its second-biggest revenue contributor in Q2 2018.
Can APD’s Adjusted Earnings Beat the Estimates?
Air Products and Chemicals (APD) is expected to report an adjusted EPS of $1.84 in the third fiscal quarter.
How PPG Industries’ Performance Coatings Performed in Q2
PPG Industries’ Performance Coatings segment was the most significant contributor to the company’s overall revenue in Q2 2018.
LyondellBasell Gets New Client for Its PP and LPDE Technologies
On June 9, LyondellBasell (LYB) said it would be providing its leading PP and LPDE technologies to Indonesia-based PT Chandra Asri Perkasa.
Eastman Chemcial’s Tritan Gets New Client from Thailand
On July 12, Eastman Chemical (EMN) announced that it has a new order for its Tritan from Bangkok-based JCP Plastic.
Who Are the Top Institutional Investors in APD?
The 13F filings by institutional investors as of March 31 indicate that institutional investors own 87.0% of Air Products and Chemical’s (APD) outstanding shares.
LyondellBasell Wants to Acquire Braskem Stake
On June 15, LyondellBasell (LYB) said that it’s in talks with Odebrecht for a potential deal to acquire the controlling stake of Braskem (BAK).
Dow Chemical’s Expansion Plans and New Investments
On June 14, Dow Chemical announced its expansion plans to meet growing end-market demand and applications.
LyondellBasell Introduced Purell EP370S on June 4
On June 8, LyondellBasell (LYB) rose 4.4% and closed at $118.09.
Celanese Shuts Down Acetate Tow Facility in Ocotlan, Mexico
On June 6, Celanese (CE) announced that it had completed the shutdown of its acetate tow plant in Ocotlan, Mexico.
DuPont to Invest $400 Million to Increase Tyvek Capacity
DowDuPont (DWDP) announced that it plans to invest $400 million to increase the capacity of its Tyvek brand at its Luxembourg facility.
DowDuPont Has Fallen 10% in 2018: Can It Bounce Back?
So far in 2018, DowDuPont has been underperforming its peers and the broader market. As of May 29, DowDuPont has declined 10.2% YTD.
IFF Partners with Amkiri, Boosts Innovation Platform
On May 24, International Flavors and Fragrances announced that it would partner with Amkiri—an Israeli-based startup that was founded in 2014.
LyondellBasell Gets Approval for the A. Schulman Acquisition
On May 22, LyondellBasell got approval for the A. Schulman (SHLM) acquisition from the Chinese State Administration of Market Regulation.
