DowDuPont 3D Printing Materials Now Available In China

DowDuPont Inc.’s (NYSE:DWDP) subsidiary DuPont has announced that DuPont Hytrel thermoplastic elastomer and DuPont Zytel nylon-based filaments for 3D printing are now available for purchase in China through Shenzhen eSUN Industrial Co. Ltd.

DuPont 3D printing products offers greater design freedom, light weighting, reduced product development cycle times. This further allows rapid functional prototyping, parts production, tooling and customization in all sectors of the industry including automotive, electronics, footwear and consumer goods.

Available in two different hardness levels, Hytrel will help customers make flexible functional parts that combine resiliency, heat and chemical resistance with strength and durability. Zytel 3D1000FL allows customers to make strong and stiff functional parts. Also, parts printed with Zytel product have high heat deflection temperature, low warpage, low sensitivity to moisture, and excellent surface aesthetics.

DuPont Hytrel thermoplastic elastomers and DuPont Zytel nylons have a reputation of offering high quality, reliability and performance in various applications in a wide range of industries.

DowDuPont has underperformed the industry it belongs to over the past three months. The company’s shares have moved up around 1% over this period compared with roughly 6% gain recorded by the industry.

DowDuPont, during third-quarter 2017 earnings call, said that demand outlook remains positive for most key end-markets. It remains focused on executing near-term priorities that include delivering earnings and cash flow growth, executing its $3-billion cost synergy initiatives and advancing activities to create three growth companies in Agriculture, Materials Science and Specialty Products.

DowDuPont also announced to take actions to enable cost savings of $3 billion. These include workforce reductions, buildings and facilities consolidations and select asset shutdowns. DowDuPont recorded pre-tax charges of $180 million in third-quarter 2017 in connection with the actions that are approved so far. It expects to record total pre-tax charges of around $2 billion, with around $1 billion expected in fourth-quarter 2017.

Zacks Rank & Stocks to Consider

DowDuPont currently carries a Zacks Rank #3 (Hold).

Some better-ranked stocks in the basic materials space are Kronos Worldwide Inc. (NYSE:KRO) , Koppers Holding Inc. (NYSE:KOP) and Westlake Chemical Corporation (NYSE:WLK) , all sporting a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

Kronos Worldwide has expected long-term earnings growth of 5%. Its shares have gained 115.2% year to date.

Koppers has expected long-term earnings growth of 18%. Its shares have rallied 20.6% year to date.

Westlake Chemical has expected long-term earnings growth of 10.6%. Its shares have moved up 81.3% year to date.

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