|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||104.41 - 107.50|
|52 Week Range||78.01 - 121.95|
|PE Ratio (TTM)||8.55|
|Earnings Date||Apr 27, 2018|
|Forward Dividend & Yield||4.00 (3.75%)|
|1y Target Est||118.45|
Celanese (CE) is taking appropriate pricing actions amid a volatile raw material pricing environment that are likely to lend support to margins.
The deal is still expected to close in the second half of 2018 and remains subject to other closing conditions, including approval by A. Schulman shareholders.
HOUSTON, March 22, 2018 /PRNewswire/ -- The Houston Refinery of LyondellBasell, one largest plastics, chemicals and refining companies in the world, today celebrated its 100th anniversary. "Generations of Refinery employees helped produce the fuels that drove America's growth and supported the local economy over our century-long history," said Jerome Mauvigney, Site Manager of LyondellBasell's Houston Refinery.
The latest numbers as of February 28, 2018, show that Olin’s (OLN) short interest could be rising again. This trend indicates that bearish sentiment in the stock could grow, and the stock’s price could decline. Its short interest had declined to ~1.2% on February 15, 2018. However, the latest report suggests that short interest in the stock is building again.
As Olin’s (OLN) debt increased, it’s natural for its interest expenses to increase. Although Olin’s debt has declined marginally since 2015, its interest expenses increased for the same period. The primary reason for the increase in Olin’s interest expense level is the increasing interest rates, as more than half of its debt is at a variable rate.
Westlake Chemical (WLK) plans to use cash in hand and borrowings under its revolving credit facility, if necessary, to fund the redemption.
HOUSTON and LONDON, March 21, 2018 /PRNewswire/ -- LyondellBasell (LYB), one of the largest plastics, chemicals and refining companies in the world, today announced that the Federal Trade Commission granted early termination of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 ("HSR Act"), with respect to its pending acquisition of A. Schulman, Inc. (SHLM). The termination of the waiting period under the HSR Act satisfies one of the conditions for the closing of the pending acquisition, which remains subject to other customary closing conditions, including approval by A. Schulman shareholders and the receipt of other required regulatory clearances and approvals. As previously announced on February 15, 2018, LyondellBasell and A. Schulman, a leading global supplier of high-performance plastic compounds, composites and powders, entered into a definitive agreement under which LyondellBasell will acquire A. Schulman for a total consideration of $2.25 billion.
Celanese (CE) and Blackstone's Rhodia Acetow business have failed to reach an agreement with EC on acceptable conditions regarding their previously announced JV deal.
Air Products (APD) will supply hydrogen dispenser to China Energy's first commercial hydrogen fueling station project in Jiangsu Province in a bid to support China's hydrogen energy industry.
Steel Dynamics' (STLD) adjusted earnings for Q1 is expected to be higher sequentially. It also expects improving steel consumption and pricing momentum to continue this year.