PowerShares DWA Basic Materials Mom ETF
Albemarle’s Dividend to Shareholders of Record on June 15
On May 11, 2017, Albemarle (ALB) announced that its quarterly dividend is $0.32 per outstanding share.
RPM International Reports Strong Revenue Growth in Fiscal 1Q18
RPM International (RPM) reported record first-quarter revenue in fiscal 1Q18.
What’s the Latest Street View of APD?
As of June 19, of the 20 analysts actively tracking APD stock, 60% had recommended a “buy,” while 30% of the analysts had recommended a “hold.”
International Flavors & Fragrances to Raise $500 Million
On May 15, 2017, International Flavors & Fragrances (IFF) announced its intention to raise $500.0 million in senior notes due in 2047.
Eastman Chemical Declares First-Quarter Dividend
In a press release on February 14, Eastman Chemical declared a dividend of $0.62.
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.
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.
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.
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.
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.
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.
Air Products and Chemicals’ Short Interest Has Risen Marginally
Air Products and Chemicals’ short interest as a percentage of its outstanding shares increased to 1.13 % from 1.06% on November 30.
IFF’s Dividend Yield Is at Its Highest—Is This Encouraging?
On December 24, International Flavors & Fragrances’ dividend yield was 2.27%, its highest quarterly dividend yield since the first quarter of 2013.
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.
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.”
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.
Westlake Chemical Announced Its Fourth-Quarter Dividend
On November 16, Westlake Chemical (WLK) announced the key dates for its fourth-quarter dividend.
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.”
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.
PPG Industries’ Short Interest Could Increase after Its Earnings
In terms of PPG Industries’ number of shares, the short interest was 6.0 million. The company’s average trading volume is 1.65 million shares.
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 $0.195 per share.
Celanese Acquires Next Polymers
On October 11, Celanese (CE) announced that it entered into a definitive agreement to acquire Next Polymers.
Celanese’s Debt Trend in 2018: Where Is It Headed?
At the end of the second quarter of 2018, Celanese (CE) reported debt of ~$.3.6 billion.
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.
Why Short Interest in PPG Industries Is on the Rise
The latest short interest data from July 31 indicate that PPG Industries’ short interest has been increasing since the beginning of 2018.
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.
How APD’s Industrial Gases–EMEA Segment Performed in Fiscal Q3
In fiscal Q3 2018, Air Products and Chemicals’ (APD) Industrial Gases–EMEA segment’s total revenue contribution expanded 3.5 percentage points YoY to 24.8% from 21.3%.
Why PPG’s Industrial Coatings Segment Margin Declined in Q2
PPG Industries’ (PPG) Industrial Coatings segment represented 39.5% of the company’s total revenue in Q2 2018 compared to 39.6% in Q2 2017.
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.
Is Eastman Chemical Overvalued or Undervalued Compared to Peers?
As of June 12, Eastman Chemical (EMN) was trading at a one-year forward PE multiple of 12.3x.
Chemours to Raise Its Debt: Good or Bad?
At the end of the first quarter, Chemours’s (CC) debt stood at $4.1 billion. It is now on its way to adding 450 million euros in 4% senior notes.
Can 1Q18 Earnings Help LyondellBasell Retain Premium over Peers?
As of April 20, 2018, LyondellBasell’s one-year forward PE (price-to-earnings ratio) stands at 10.2x.
Analyzing Celanese’s Interest Expense
In 2017, Celanese (CE) incurred interest expenses of $122 million—marginally less compared to $126 million in fiscal 2016.
Why Is LyondellBasell Trading at a Discount to Its Peers?
As of March 22, 2018, LyondellBasell’s one-year forward PE (price-to-earnings ratio) stands at 9.9x.
H.B. Fuller: Higher Prices for Adhesives
On February 27, 2018, H.B. Fuller (FUL) announced a price increase for all of its adhesive products on March 1–April 1, 2018.
Albemarle’s Lithium and Advanced Materials Segment in 4Q17
Albemarle’s (ALB) Lithium and Advanced Materials segment is its largest revenue contributor, accounting for 42.2% of its total revenues in 4Q17.
PolyOne Begins 2018 with Acquisition of IQAP Masterbatch Group
On January 2, 2018, PolyOne (POL) announced that it acquired Spain-based IQAP Masterbatch Group.
How Albemarle’s Valuation Compares with Its Peers
On December 27, 2017, ALB’s one-year forward price-to-earnings multiple stood at 25.0x while FMC’s one-year forward price-to-earnings multiple stood at 27.4x.
International Flavors & Fragrances’ Interest Coverage Ratio
International Flavors & Fragrances’ (IFF) increased debt has resulted in higher interest expense.
Westlake Announces Optional Redemption of Senior Notes
On December 18, 2017, Westlake Chemical (WLK) announced that it had sent notices about the optional redemption of $688 million in senior notes.
What Could Boost RPM International’s Fiscal 2Q18 Revenue
Analysts’ revenue expectations As of December 20, 2017, analysts expected RPM International (RPM) to report revenue of $1.3 billion in fiscal 2Q18. The expected revenue represents growth of 6.7% year-over-year. In fiscal 2Q17, RPM reported revenue of $1.2 billion. Between 2012 and 2017, RPM’s second-quarter revenue grew at a CAGR (compound annual growth rate) of […]
How Eastman Chemical’s Valuation Stands Compared to Peers
In this article, we’ll compare Eastman Chemical’s (EMN) valuations with peer LyondellBasell’s (LYB) valuations.
RPM International Acquires Whink Products
On December 4, 2017, RPM International (RPM) announced that it has acquired Whink Products via its business group Rust-Oleum.
H.B. Fuller Opens a New Facility in Germany
On November 28, 2017, H.B. Fuller (FUL) announced that it has started a new Automotive Competency Center in Mannheim, Germany.
H.B. Fuller Finalizes Its Adecol Deal
On November 6, 2017, H.B. Fuller (FUL) provided its acquisition plans for Adecol Indústria Química, a Brazilian company.
What Wall Street Recommends for Celanese ahead of 3Q17 Earnings
Since July 2017, analysts’ consensus target price on Celanese has been on an upward trend, moving from $100.24 to the present $105.18.
RPM International Increases Its Quarterly Dividend
On October 5, 2017, RPM International (RPM) announced an increase in its regular quarterly cash dividend of $0.32 per share—a YoY rise of 6.7%.
H.B. Fuller Inducts Ruth Kimmelshue to Its Board of Directors
On October 4, 2017, H.B. Fuller (FUL) announced that Ruth Kimmelshue had been appointed to the company’s board of directors, effective immediately.
Can RPM International Outperform the Analysts’ Revenue Estimate for Fiscal 1Q18?
As of September 25, 2017, analysts have forecasted that RPM will report revenues of $1.32 billion for fiscal 1Q18, which would be a 5.5% rise over fiscal 1Q17.
Ashland’s Texas and Marl Manufacturing Plants Resume Operations
On September 18, 2017, Ashland (ASH) announced that it has resumed normal operations at its manufacturing plant in Texas and its Marl manufacturing plant in Germany.
Comparing APD and Praxair’s 1-Year Forward PE Multiples
As of September 19, 2017, Air Products and Chemicals’ one-year forward PE multiple stands at 21.90x. Praxair has a one-year forward PE multiple of 22.40x.
Ashland Increases the Price of Maleic Anhydride
On September 14, 2017, Ashland (ASH) announced that it’s hiking maleic anhydride prices. The price increase will be $0.02 per pound.
Celanese Continues to Hike Its Product Prices
On September 14, 2017, Celanese (CE) announced that it’s increasing the prices for several of its products across different regions.
Chemours: Analysts’ Recommendations and More
For Chemours, 88% of the analysts recommended a “buy,” 12% of the analysts recommended a “hold,” and none of the analysts recommended a “sell.”
Chemours: Analyzing Its 3Q17 Dividend
On September 15, 2017, Chemours (CC) will pay the 3Q17 dividend on its outstanding common shares. It has declared a cash dividend of $0.03 per share.
Celanese: Another Round of Price Hikes on Some Products
Celanese’s stock price fell 1.3% and closed at $96.78 for the week ending September 8, 2017. It traded 4.40% above the 100-day moving average price.
H.B. Fuller to Acquire Royal Adhesives and Sealants
On September 4, 2017, H.B. Fuller (FUL) announced that it has entered into an agreement to acquire Royal Adhesives and Sealants.
Is LyondellBasell Stock Undervalued Compared to Its Peer?
As of September 7, 2017, LyondellBasell’s one-year forward PE multiple stands at 9.80x, while Eastman Chemical has one-year forward PE multiple of 10.70x.
Ashland Hikes Prices of Gelcoat in EMEA
On August 25, 2017, Ashland (ASH) announced that it would hike the prices of its Gelcoat portfolio. The price hike will be 75 euros per metric ton.
Ashland Hiked Maleic Anhydride Prices
On August 14, 2017, Ashland (ASH) announced that it would hike maleic anhydride prices. The price increase will be $0.02 per pound starting on September 1.
Celanese Increased Vinyl Acetate Monomer Prices
Celanese stock fell 1.0% and closed at $95.77. Despite the fall in the prices, the stock was trading 4.3% above the 100-day moving average price of $91.78.
Albemarle’s 2Q17 Revenues Rose on Higher Volumes
ALB has guided its fiscal 2017 revenues to be in the range of ~$2.9 billion–$3.1 billion.
Celanese Impacts Price Hikes on Acetyl Intermediates
On August 2, 2017, Celanese (CE) announced that it’s increasing the prices of a few acetyl intermediates. The price increase will be effective immediately.
Chemours Stock Fell despite Strong Earnings in 2Q17
Chemours (CC) reported its 2Q17 earnings on August 2, 2017, after the markets closed. The company’s management held a conference call on August 3, 2017.
Why Air Products & Chemicals’ Revenue Rose in 3Q17
Air Products & Chemicals (APD) follows October 1–September 30 as its fiscal year. The company reported revenue of $2.11 billion.
H.B. Fuller Will Acquire Adecol
H.B. Fuller had a quiet week with a meager gain of 0.1% for the week ending July 21, 2017. The stock closed at $51.50.
Inside Celanese’s Price Hikes Products
On July 12, 2017, Celanese (CE) announced that it will be increasing the prices of a few of its acetyl intermediate products.
Celanese Increases Ethyl Acetate Prices in Europe
On July 6, 2017, Celanese (CE) announced that it has increased its price for ethyl acetate by 150 euros per metric ton.
International Flavors and Fragrances Launches New Company
IFF fell 0.8% for the week ended June 30, 2017, and closed at $135.00.
Why LyondellBasell Is Trading at a Discount to Peers
As of June 26, 2017, LyondellBasell’s one-year forward PE (price-to-earnings) multiple stood at 8.50x.
Behind Chemours’ Debt Development since Its Spin-Off
When Chemours (CC) was spun off from DuPont (DD) on July 1, 2015, many believed that CC was doomed to fail.
IFF and ZoomEssence Settle Litigation
On June 23, 2017, International Flavors and Fragrances (IFF) announced that it had agreed to settle its claims and counter claims with ZoomEssence.
Analysts’ View on International Flavors & Fragrances
For International Flavors & Fragrances, 33% of the analysts recommended a “buy,” 60% recommended a “hold,” and 7% recommended a “sell.”
Celanese Raises Product Prices in Europe and Asia
On June 13, 2017, Celanese (CE) increased the prices of methyl isobutyl carbinol (or MIBC) in Europe.
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.
Celanese Wants to Increase Its Stake in the IBN-SINA Joint Venture
For the week ending June 9, 2017, Celanese outperformed the PowerShares DWA Basic Materials Momentum ETF (PYZ), which rose 1.40%.
Chemours Was Added to the Fortune 500 List
Chemours stock closed at $40.10 on June 9, 2017, and fell 2.6% for the week. Chemours is trading 12.70% above its 100-day moving average of $35.58.
Celanese Increases the Price of Acetic Acid
On May 9, 2017, Celanese (CE) announced a price increase for acetic acid of $50 per metric ton. In China, the price rose 350 renminbi per metric ton.
Why Did IFF’s Earnings Beat Analysts’ Estimates?
International Flavors & Fragrances (IFF) announced its 1Q17 earnings on May 8, 2017, after the market closed. It reported adjusted EPS of $1.52 in 1Q17.
Celanese Completed Takeover of NILIT’s Nylon Compounding Division
On May 3, 2017, Celanese (CE) announced that it had completed the takeover of the nylon compounding division of NILIT.
LyondellBasell’s ACP Polyethylene Technology to Be Used by Hengli
On April 12, 2017, LyondellBasell (LYB) announced that it would supply its Hostalen ACP PE process technology to Hengli Petrochemical (Dalian).
Air Products & Chemicals Stock: 2017 Performance So Far
As of March 29, 2017, Air Products & Chemicals’ (APD) year-to-date stock performance was negative, falling 4.9% to date.
Celanese Increases Prices of Acesulfame Potassium
On March 23, Celanese (CE), announced that prices of acesulfame potassium, sold globally under the Sunett trademark, would increase to three euros (or $3.21) per kilogram.
HB Fuller Expands in India with New R&D Center
On March 21, 2017, HB Fuller (FUL) announced that it had officially opened its new business office and research and development center at its Shirwal manufacturing facility in India.
Celanese Increases Vinyl Acetate Monomer Prices in Asia
On March 7, 2017, Celanese (CE) announced a price increase for VAM (vinyl acetate monomer) in Asia. The increase is effective immediately.
H.B. Fuller Has Another Round of Price Hikes
On March 7, 2016, H.B. Fuller (FUL) announced another round of price hikes for its products. It came on the back of other price hikes the week before.
Celanese Increased Prices of Acetaldehyde in Europe
On March 2, 2017, Celanese (CE) announced price increases for acetaldehyde in Europe.
H.B. Fuller Increases Price for Adhesives in North America
On March 3, 2017, H.B. Fuller (FUL) announced price increases for its adhesives in the North American region.
Ratner Leaves RPM International’s Board of Directors
On February 24, 2017, RPM International (RPM) announced that Charles Ratner would be retiring from RPM’s board of directors after serving the company for 12 years.
Albemarle Raises Dividend 23rd Year in a Row
On February 23, 2017, Albemarle (ALB) announced a quarterly dividend of $0.32 per share. That’s a 5.0% rise from the previous quarter.