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3 Diversified Chemical Stocks to Escape Industry Challenges
CBTCabot (CBT) ZACKS·2024-10-08 12:40

The Zacks Chemicals Diversified industry is plagued by sluggish demand in certain markets, including consumer durables and building & construction, and some residual impacts of consumer inventory destocking. Lower consumer spending due to inflationary pressures in Europe and a slow recovery in China are impacting demand. Industry players like DuPont de Nemours, Inc. (DD) , FMC Corporation (FMC) and Cabot Corporation (CBT) are banking on strategic measures, including operating cost reductions and aggressive ...