NEW YORK, August 26, 2016 /PRNewswire/ --
Stock-Callers.com today looks at four Specialty Chemicals equities, namely: LyondellBasell Industries N.V. (NYSE: LYB), Olin
Corp. (NYSE: OLN), Axalta Coating Systems Ltd (NYSE: AXTA), and Amyris Inc. (NASDAQ: AMRS). The American Chemistry
Council's global chemical production regional index ended the second quarter on a soft note, with the headline index rising
only 0.1% on a three-month moving average basis in June. Download the free research reports on these stocks today:
http://stock-callers.com/registration
LyondellBasell Industries
Shares in Houston, Texas headquartered LyondellBasell Industries N.V. ended Thursday's
session at $78.94, gaining 1.09%. The stock recorded a trading volume of 2.34 million shares. The
Company's shares have advanced 1.02% in the last one month. The stock is trading 2.95% above its 50-day moving average. Moreover,
shares of LyondellBasell Industries, which operates as a manufacturer of chemicals and polymers, refiner of crude oil, producer
of gasoline blending components, and developer and licensor of technologies for production of polymers, have a Relative Strength
Index (RSI) of 58.54.
On July 29th, 2016, LyondellBasell Industries announced that it will build a High
Density Polyethylene Plant on the U.S. Gulf Coast. The plant will have an annual capacity of 1.1 billion pounds (500,000 metric
tons) and will be the first commercial plant to employ LyondellBasell's new proprietary Hyperzone PE technology. The
project is expected to create up to 1,000 jobs at the peak of construction and as many as 75 permanent positions. Start-up is
planned for 2019. See our free and comprehensive research report on LYB at:
http://stock-callers.com/registration/?symbol=LYB
Olin
Clayton, Missouri headquartered Olin Corp.'s stock rose 0.61%, closing the day at
$21.39 with a total volume of 1.18 million shares traded. The Company's shares have advanced 1.21%
in the last month and 28.19% since the start of this year. The stock is trading 11.35% above its 200-day moving average.
Additionally, shares of Olin, which manufactures and distributes chemical products in the US and internationally, have an RSI of
50.87.
On July 29th, 2016, research firm Cowen reiterated its 'Outperform' rating on the
Company's stock with a decrease of the target price from $31 a share to $29 a share.
On August 1st, 2016, Olin announced that Q2 2016 reported net loss was $1.0 million, or $0.01 per diluted share. The company's Q2 2016 adjusted EBITDA
of $180.4 million consists of depreciation and amortization expense of $132.4 million, restructuring charges of $8.2 million, and acquisition-related
integration costs of $16.3 million. Sales in Q2 2016 were $1.36
billion compared to sales of $1.34 billion in Q1 2016. OLN free research report PDF is just
a click away at:
http://stock-callers.com/registration/?symbol=OLN
Axalta Coating Systems
On Thursday, shares in Philadelphia, Pennsylvania headquartered Axalta Coating Systems Ltd
recorded a trading volume of 1.70 million shares. The stock ended the day 0.14% higher at $28.24.
The Company's shares have gained 1.33% in the previous three months and 5.97% on an YTD basis. The stock is trading above its
50-day and 200-day moving averages by 1.87% and 3.59%, respectively. Furthermore, shares of Axalta Coating Systems, which through
its subsidiaries, manufactures, markets, and distributes high performance coatings products primarily for the transportation
industry, have an RSI of 57.44.
On July 27th, 2016, research firm Seaport Global Securities upgraded the Company's
stock rating from 'Accumulate' to 'Buy'. The research firm also revised upwards its previous target price from $34 per share to $36 per share.
As per notes filed with the SEC, on August 16th, 2016, Axalta Coating Systems, LLC,
an indirect, wholly owned subsidiary of Axalta Coating Systems Ltd., issued $500.0 million
aggregate principal amount of 4.875% Senior Notes due 2024 and $335.0 million aggregate principal
amount of 4.250% Senior Notes due 2024. Each series of Notes pays interest semi-annually in arrears. Sign up for your
complimentary report on AXTA at:
http://stock-callers.com/registration/?symbol=AXTA
Amyris
Emeryville, California headquartered Amyris Inc.'s stock saw a slight drop of 1.02%,
finishing yesterday's session at $0.44 with a total trading volume of 1.40 million shares. The
Company's shares have advanced 20.97% in the last one month. The stock is trading above its 50-day moving average by 6.95%.
Additionally, shares of Amyris, which provides various alternatives to a range of petroleum-sourced products worldwide, have an
RSI of 59.48.
On August 8th, 2016, Amyris announced that it has won a three-year multi-million
dollar contract from the US Department of Energy to further the manufacturing of cellulose-derived farnesene for biofuels.
Amyris, in cooperation with Renmatix and Total New Energies US, will work to develop a manufacturing-ready process utilizing wood
as the cellulosic feedstock to produce farnesene, a hydrocarbon building block used to manufacture a variety of products ranging
from cosmetics to detergents, as well as base oils, lubricants, diesel and jet fuel. Register for free on Stock-Callers.com and
download the latest research report on AMRS at:
http://stock-callers.com/registration/?symbol=AMRS
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