Westlake Chemical Corp
Latest Westlake Chemical Corp News and Updates
MeadWestvaco to spin off its specialty chemicals business
In January 2015, MeadWestvaco, announced that its board had approved the plan to spin off the specialty chemicals business from the rest of the company.
What Are LyondellBasell’s Global Rankings?
LyondellBasell (LYB) is the leading global producer of olefins and polyolefins.
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.
How Olin Stock Has Fared in 2018 Year-to-Date
On a year-to-date basis, until March 19, 2018, OLN stock has fallen 15.5%.
Eastman Chemical’s Demand for Tritan Continues to Grow in Asia
The demand for Eastman Chemical’s Tritan continues to grow.
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.
How Strong Is DowDuPont’s Interest Coverage?
In 3Q17, DWDP’s interest expense was reported at $283 million as compared to the $220 million in 3Q16 on a proforma basis.
Huntsman’s Dividend Yield Falls as Its Stock Price Rises
Huntsman’s dividend yield Dividend yields are very important for long-term investors, as they fetch a steady income. Investors prefer companies with a strong dividend yield and growth. As Huntsman (HUN) has maintained its dividend rate, we can expect it to pay a fiscal 2017 dividend of $0.50 per share At this dividend rate, Huntsman’s dividend yield […]
What Do Westlake Chemical’s Valuations Suggest?
Westlake Chemical is trading at a premium to its peer Eastman Chemical. After good earnings in 1H17, analysts expect Westlake Chemical to post EPS of $4.66.
Analyzing Sherwin-Williams and Valspar’s Acquisition Deal
On March 20, 2016, Sherwin-Williams (SHW) announced that it entered into a definitive agreement to acquire Valspar in an all-cash transaction.
Can Eastman Chemical Generate Higher Operating Cash Flows?
In 1Q16, Eastman Chemical (EMN) reported operating cash flow of $47 million compared to $91 million in 1Q15. The decline was primarily due to the seasonal increase in working capital.