Specialty Chemicals

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Best Momentum Stock to Buy for June 3rd
ZACKS· 2025-06-03 15:01
Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, June 3rd:Flotek Industries (FTK) : This company which develops and delivers prescriptive chemistry-based technology, including specialty chemicals, to clients in the energy, consumer industrials and food & beverage industries, has a Zacks Rank #1(Strong Buy), and witnessed the Zacks Consensus Estimate for its current year earnings increasing 12.8% over the last 60 days.Flotek Industries’ shares gained 10 ...
JOINT VENTURE FOR INNOVATIVE PLASTICS RECYCLING PROMOTES CIRCULAR ECONOMY IN THE CONSTRUCTION INDUSTRY
Globenewswire· 2025-06-03 05:00
JOINT VENTURE FOR INNOVATIVE PLASTICS RECYCLING PROMOTES CIRCULAR ECONOMY IN THE CONSTRUCTION INDUSTRY Sika and Sulzer have signed a memorandum of understanding to establish a joint venture to advance plastics recycling in the construction industry. The aim is to combine the strengths of both companies: Sika's extensive expertise in polymer applications and high-performance building materials and Sulzer's leading process knowledge in chemical recycling. The joint venture, based in the Zurich area, will be ...
Huntsman Completes European Maleic Anhydride Strategic Review
Prnewswire· 2025-05-28 09:00
Core Viewpoint - Huntsman Corporation has completed a strategic review of its European Maleic Anhydride business, leading to the closure of its facility in Moers, Germany, by the end of the current quarter [1]. Group 1: Business Operations - The closure of the Moers facility is expected to result in a one-time non-cash asset impairment charge of approximately $75 million during the second quarter of 2025 [1]. - In 2024, the European Maleic Anhydride business reported an adjusted EBITDA loss of around $10 million [1]. - Post-closure, Huntsman plans to serve European customers from its North American facilities located in Pensacola, Florida, and Geismar, Louisiana [1]. Group 2: Company Overview - Huntsman Corporation is a global manufacturer and marketer of differentiated and specialty chemicals, with revenues of approximately $6 billion in 2024 [2]. - The company operates over 60 manufacturing, R&D, and operations facilities across approximately 25 countries, employing around 6,300 associates [2].
Campine expects a substantial surge in profits in 2025 due to the rise in demand for its antimony products.
Globenewswire· 2025-05-28 06:00
Regulated information – Inside information - May 28th 2025 – 08:00 Campine NV, metals recycling and specialty chemicals company from Beerse, Belgium and listed on Euronext Brussels expects substantially higher profits for 2025 as a result of the increased demand for its antimony products. Due to export restrictions in China since the fall of 2024, Campine and other suppliers benefit from a considerable surge in demand. “In the last months we booked orders from new customers around the globe” CEO De Vos expl ...
Stepan Announces Agreement to Sell Philippine Assets
Prnewswire· 2025-05-27 12:00
Core Viewpoint - Stepan Company has announced the sale of its manufacturing assets in the Philippines to Masurf, Inc., aligning with its strategy to focus on core growth areas and maintain service to its customer base in Southeast Asia [1][2]. Group 1: Transaction Details - The manufacturing assets located in Bauan, Batangas, Philippines will be sold to Masurf, a subsidiary of Musim Mas Holdings Pte. Ltd. [1] - A tolling agreement will be established between Stepan Philippines Quaternaries, Inc. (SPQI) and Masurf to continue serving customers post-transaction [2]. - The terms of the transaction have not been disclosed, and it is subject to normal closing conditions [2]. Group 2: Company Profile - Stepan Company is a major manufacturer of specialty and intermediate chemicals, particularly known for its surfactants used in cleaning, disinfection, and agricultural solutions [3]. - The company also supplies polyurethane polyols for the thermal insulation market and CASE (Coatings, Adhesives, Sealants, and Elastomers) industries [3]. - Headquartered in Northbrook, Illinois, Stepan operates a network of modern production facilities across North and South America, Europe, and Asia [4].
Magnera Announces Participation in the Stifel 2025 Boston Cross Sector 1x1 Investor Conference
Globenewswire· 2025-05-23 18:49
Company Overview - Magnera Corporation (NYSE: MAGN) serves over 1,000 customers globally, providing a diverse range of material solutions including components for absorbent hygiene products, protective apparel, wipes, specialty building and construction products, and food and beverage industry products [2] - The company operates across 46 facilities worldwide and is supported by more than 8,500 employees [2] Corporate Purpose and History - Magnera's mission is to improve the world by realizing new possibilities, having delivered material solutions for over 160 years [3] - The company has consistently adapted to economic challenges, global pandemics, and evolving customer needs, demonstrating resilience and problem-solving capabilities [3] - Magnera emphasizes building personal partnerships that can endure in a changing environment, leveraging its extensive product portfolio to offer customers more choices [3] Upcoming Investor Conference - Magnera Corporation will participate in the Stifel 2025 Boston Cross Sector 1x1 Investor Conference, with key executives including the CEO, CFO, and EVP meeting with institutional investors on June 3-4, 2025, in Boston, MA [1]
Borregaard ASA: Tom Erik Foss-Jacobsen appointed CEO of Borregaard
Globenewswire· 2025-05-23 08:34
Group 1: Leadership Transition - Tom Erik Foss-Jacobsen has been appointed as the new CEO of Borregaard ASA, effective from August 1, 2025, succeeding Per A. Sørlie who will retire after 26 years in the role [1][5] - Helge Aasen, chair of Borregaard's Board of Directors, expressed confidence in Foss-Jacobsen's leadership capabilities, highlighting his in-depth understanding of the business and strong results in previous roles [2][5] - Per A. Sørlie has been with Borregaard for 35 years, contributing significantly to the company's transformation into a bio-based specialty chemicals firm and driving profit growth since its listing on the Oslo Stock Exchange in 2012 [6] Group 2: Background of Tom Erik Foss-Jacobsen - Foss-Jacobsen is currently the Executive Vice President and head of BioSolutions, a position he has held since 2019, and has over 25 years of experience at Borregaard, including 21 years in leadership roles [3] - He holds a master's degree in international marketing and strategy and a bachelor's degree in civil engineering, indicating a strong educational background relevant to his new role [3] Group 3: Future Outlook - Foss-Jacobsen expressed a commitment to driving sustainable growth and creating value for Borregaard and its stakeholders, indicating a focus on the company's strategic objectives [5] - The Board will grant Foss-Jacobsen stock options upon his accession, aligning his interests with the long-term performance of the company [7]
FSI ANNOUNCES FIRST QUARTER, 2025 FINANCIAL RESULTS
Globenewswire· 2025-05-15 21:00
Core Viewpoint - Flexible Solutions International, Inc. reported a significant decline in sales and net income for the first quarter of 2025 compared to the same period in 2024, primarily due to lower sales volume and increased costs, while also highlighting recovery in order patterns and new market opportunities [2][3][5]. Financial Performance - Q1 2025 sales were $7,473,692, down approximately 19% from $9,224,872 in Q1 2024 [5][6]. - The net loss for Q1 2025 was ($277,734), or ($0.02) per share, compared to a net income of $457,226, or $0.04 per share in Q1 2024 [5][6]. - Non-GAAP operating cash flow for Q1 2025 was $480,268, or $0.04 per share, down from $1,382,874, or $0.11 per share in Q1 2024 [5][6]. Revenue Sources and Market Opportunities - The NanoChem division and ENP subsidiary remain the primary sources of revenue and cash flow for the company [3]. - New opportunities are emerging in various sectors including detergent, water treatment, oil field extraction, turf, ornamental, and agricultural use, as well as in food and nutrition supplement manufacturing [3][5]. Conference Call Information - A conference call is scheduled for May 16, 2025, at 11:00 AM Eastern Time, where CEO Dan O'Brien will present and answer questions regarding the financial results [4].
Origin Materials(ORGN) - 2025 Q1 - Earnings Call Presentation
2025-05-15 20:16
First Quarter 2025 Earnings Call Enabling the world's transition to sustainable materials May 15, 2025 ( ) COMPANY OVERVIEW FORWARD LOOKING STATEMENTS AND DISCLAIMERS FORWARD-LOOKING STATEMENTS. This presentation and the accompanying oral presentation have been prepared by Origin Materials, Inc. ("Origin") for informational purposes only and not for any other purpose. Certain statements included in this presentation that are not historical facts are forward-looking statements for purposes of the safe harbor ...
Cabot: Uphill Battle Remains Following Q2 Earnings Release
Seeking Alpha· 2025-05-13 15:31
Group 1 - The last analysis on Cabot Corporation (NYSE: CBT) occurred in late January, resulting in a downgrade to a 'Hold' rating due to muted growth rates and poor near-term EPS revisions [1] - The company operates in the specialty chemicals and performance materials sector, focusing on undervalued profitable stocks with strong balance sheets and minimal debt [1] Group 2 - The investment strategy includes writing calls against positions to generate additional income, with risk management controlled through position sizing and trailing stop losses [1]