Breaking News
Get 45% Off 0
💰 With a 129% YTD gain in the bag, these are our AI’s top global picks for March
Read now

DowDuPont To Expand Capacity To Meet DuPont Zytel HTN Demand

By Zacks Investment ResearchStock MarketsNov 15, 2017 08:24PM ET
www.investing.com/analysis/dowdupont-to-expand-capacity-to-meet-dupont-zytel-htn-demand-200265793
DowDuPont To Expand Capacity To Meet DuPont Zytel HTN Demand
By Zacks Investment Research   |  Nov 15, 2017 08:24PM ET
Saved. See Saved Items.
This article has already been saved in your Saved Items
 
 
DOW
-1.89%
Add to/Remove from Watchlist
Add to Watchlist
Add Position

Position added successfully to:

Please name your holdings portfolio
 
DD
-0.96%
Add to/Remove from Watchlist
Add to Watchlist
Add Position

Position added successfully to:

Please name your holdings portfolio
 
MT
-0.46%
Add to/Remove from Watchlist
Add to Watchlist
Add Position

Position added successfully to:

Please name your holdings portfolio
 
WLK
-0.77%
Add to/Remove from Watchlist
Add to Watchlist
Add Position

Position added successfully to:

Please name your holdings portfolio
 
NGVT
-0.15%
Add to/Remove from Watchlist
Add to Watchlist
Add Position

Position added successfully to:

Please name your holdings portfolio
 
DowDuPont Inc.’s (NYSE:DWDP) Transportation & Advanced Polymers unit is increasing production capacity at its Mechelen, Belgium site. The latest move will address the growing demand for DuPont Zytel HTN high-performance polyamide resin used in the automotive, consumer and electronics markets.
Transportation & Advanced Polymers, a segment of DowDuPont Specialty Products Division, owns and operates world-scale polymerization and compounding assets in major regions of the world.
The Specialty Products Division has increased its investment at the Mechelen site to install a new production line that will come online in the fourth quarter of 2017. DowDuPont Transportation & Advanced Polymers continues to invest in compounding capacity expansion to address the strong growth in demand for highly engineered specialty polymers including PPAs.
Part of Zytel HTN high-performance polyamide resin portfolio, Zytel HTN PPA grades offers outstanding chemical resistance. It is also known to retain properties when exposed to moisture and can even perform at high temperature.
DowDuPont has underperformed the industry it belongs to over the last three months. The company’s shares have moved up around 9.2% over this period, compared with roughly 11.4% gain recorded by the industry.
DowDuPont, in its third-quarter 2017 earnings call, said that demand outlook remains positive for most of its key end-markets. It will remain focused on executing its 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 declared it will 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 the third quarter of 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 the fourth quarter of 2017.
Dow Chemical Company (NYSE:DOW) (The) Price and Consensus

Dow Chemical Company (The) Price and Consensus | Dow Chemical Company (The) Quote

Zacks Rank & Stocks to Consider

DowDuPont is a Zacks Rank #3 (Hold) stock.

Some better-ranked companies in the basic materials space are Ingevity Corporation (NYSE:NGVT) , ArcelorMittal (NYSE:MT) 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.

Ingevity has expected long-term earnings growth of 12%. Its shares have gained 33.5% year to date.

ArcelorMittal has expected long-term earnings growth of 11.3%. Its shares have rallied 27.5% year to date.

Westlake Chemical has expected long-term earnings growth of 8.4%. Its shares have moved up 61.8% year to date.

Zacks’ Best Private Investment Ideas

While we are happy to share many articles like this on the website, our best recommendations and most in-depth research are not available to the public.

Starting today, for the next month, you can follow all Zacks' private buys and sells in real time. Our experts cover all kinds of trades… from value to momentum . . . from stocks under $10 to ETF and option moves . . . from stocks that corporate insiders are buying up to companies that are about to report positive earnings surprises. You can even look inside exclusive portfolios that are normally closed to new investors.

Click here for Zacks' private trades >>



Westlake Chemical Corporation (WLK): Free Stock Analysis Report

Ingevity Corporation (NGVT): Free Stock Analysis Report

ArcelorMittal (MT): Free Stock Analysis Report

Dow Chemical Company (The) (DWDP): Free Stock Analysis Report

Original post
DowDuPont To Expand Capacity To Meet DuPont Zytel HTN Demand
 

Related Articles

DowDuPont To Expand Capacity To Meet DuPont Zytel HTN Demand

Add a Comment

Comment Guidelines

We encourage you to use comments to engage with other users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind:  

  •            Enrich the conversation, don’t trash it.

  •           Stay focused and on track. Only post material that’s relevant to the topic being discussed. 

  •           Be respectful. Even negative opinions can be framed positively and diplomatically. Avoid profanity, slander or personal attacks directed at an author or another user. Racism, sexism and other forms of discrimination will not be tolerated.

  • Use standard writing style. Include punctuation and upper and lower cases. Comments that are written in all caps and contain excessive use of symbols will be removed.
  • NOTE: Spam and/or promotional messages and comments containing links will be removed. Phone numbers, email addresses, links to personal or business websites, Skype/Telegram/WhatsApp etc. addresses (including links to groups) will also be removed; self-promotional material or business-related solicitations or PR (ie, contact me for signals/advice etc.), and/or any other comment that contains personal contact specifcs or advertising will be removed as well. In addition, any of the above-mentioned violations may result in suspension of your account.
  • Doxxing. We do not allow any sharing of private or personal contact or other information about any individual or organization. This will result in immediate suspension of the commentor and his or her account.
  • Don’t monopolize the conversation. We appreciate passion and conviction, but we also strongly believe in giving everyone a chance to air their point of view. Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse.
  • Only English comments will be allowed.
  • Any comment you publish, together with your investing.com profile, will be public on investing.com and may be indexed and available through third party search engines, such as Google.

Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.

Write your thoughts here
 
Are you sure you want to delete this chart?
 
Post
Post also to:
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Thanks for your comment. Please note that all comments are pending until approved by our moderators. It may therefore take some time before it appears on our website.
 
Are you sure you want to delete this chart?
 
Post
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Add Chart to Comment
Confirm Block

Are you sure you want to block %USER_NAME%?

By doing so, you and %USER_NAME% will not be able to see any of each other's Investing.com's posts.

%USER_NAME% was successfully added to your Block List

Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.

Report this comment

I feel that this comment is:

Comment flagged

Thank You!

Your report has been sent to our moderators for review
Continue with Apple
Continue with Google
or
Sign up with Email