PolyOne Joined the Alliance to End Plastic Waste
Last week, PolyOne stock remained strong during the week. The stock gained 2.8% and closed at $31.65.
LyondellBasell Grants New Spherizone Licenses
On December 5, LyondellBasell announced that it had granted Spherizone licenses to China Petroleum Materials and PetroChina Liaoyang Petrochemical.
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.
LyondellBasell Introduced Purell EP370S on June 4
On June 8, LyondellBasell (LYB) rose 4.4% and closed at $118.09.
LyondellBasell Raises Its Cash Dividend Rate
On February 23, LyondellBasell (LYB) announced that it raised its quarterly dividend rate. LYB will pay a dividend of $1.00 per share.
PolyOne Begins 2018 with Acquisition of IQAP Masterbatch Group
On January 2, 2018, PolyOne (POL) announced that it acquired Spain-based IQAP Masterbatch Group.
PolyOne’s Valuation Compared to Its Peers
As of September 15, 2017, PolyOne’s (POL) one-year forward PE (price-to-earnings) multiple stands at 15.5x.
Wall Street Talks: Analysts’ Recommendations for PolyOne
About 67.0% of analysts covering PolyOne (POL) have recommended a “buy” for the stock, and 33.0% have recommended a “hold.”
What PolyOne’s Dividend Yield Suggests
If PolyOne maintains its dividend rate, we can expect it to pay a dividend of $0.54 per share for fiscal 2017.
Company & Industry Overviews
PolyOne Acquired Rutland Holding Company
On June 8, 2017, PolyOne (POL) announced that it acquired Rutland Holding Company. The acquisition will help PolyOne expand its portfolio.
PolyOne Will Manufacture Specialty Materials in India
On October 12, 2016, PolyOne (POL) announced that it would produce specialty engineered materials at its existing facility in Pune, India.
Albemarle Gets Exclusive Rights to Explore for Lithium
On September 12, 2016, Albemarle (ALB) announced that it had reached an agreement with Bolland Minera S.A. for the exclusive exploration and acquisition rights to a lithium resource in Antofalla.