The Ecoclean product line was first introduced in 2006 to address the issues related to the combination of modern high pressure common rail diesel engines and the challenges of ultra-low sulfur diesel.
Innospec noted that while new products will help it to gain, its balanced capital management program is likely to create shareholder value, moving ahead. The company also sees healthy prospects for Oilfield Services for the balance of 2017.
Innospec is well positioned to deliver strong growth in all its businesses. The company continues to fully integrate its recent acquisitions as well as pursue other strategic buyouts to boost its portfolio further.
Innospec Inc. Price and Consensus | Innospec Inc. Quote
Zacks Rank & Other Stocks to Consider
Innospec currently carries a Zacks Rank #2 (Buy).
Some other top-ranked stocks in the chemical space include are The Chemours Company (NYSE:CC) , Kronos Worldwide (NYSE:KRO) and BASF SE (OTC:BASFY) . All three stocks sport a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Chemours has an expected long-term earnings growth of 15.5%.
Kronos Worldwide has an expected long-term earnings growth of 5%.
BASF has expected long-term earnings growth of 8.6%.
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BASF SE (BASFY): Free Stock Analysis Report
Kronos Worldwide Inc (KRO): Free Stock Analysis Report
Chemours Company (The) (CC): Free Stock Analysis Report
Innospec Inc. (IOSP): Free Stock Analysis Report
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Zacks Investment Research