Lanxess and BP Partner to Make Plastics Green
The energy company will supply sustainably produced cyclohexane to Lanxess for the production of polyamide 6.
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The energy company will supply sustainably produced cyclohexane to Lanxess for the production of polyamide 6.
TribLIVE's Daily and Weekly email newsletters deliver the news you want and information you need, right to your inbox. Members of the United Steelworkers ratified a new, four-year contract with Allegheny Technologies, Inc., the specialty steelmaker announced Tuesday night. The agreement ends a strike by 1,300 union members at nine ATI locations that began March 30. ATI employees will begin returning to their jobs the week of July 19, with production ramping in the weeks ahead, the company said. “We look forward to resuming operations with our employees in place, working safely to deliver...
ATI earnings call for the period ending March 31, 2021.
Tribune-Review TribLIVE's Daily and Weekly email newsletters deliver the news you want and information you need, right to your inbox. Allegheny Technologies Inc. reported a $7.9 million loss in the first quarter of 2021, but the company said it anticipates demand for its jet engine products will increase as air travel recovers from the covid pandemic. “Our first-quarter financial results exceeded expectations, benefiting from the ongoing modest recovery in jet engine production, our aggressive 2020 cost-cutting actions and a strong tailwind from nickel and other raw material prices,” ...
Markets LANXESS (LNXSF – Research Report) received a Buy rating and a EUR78.00 price target from Kepler Capital analyst Martin Roediger on April 23. The company’s shares closed last Wednesday at $73.56. According to TipRanks.com, Roediger is a 4-star analyst with an average return of 10.2% and a 59.8% success rate. Roediger covers the Basic Materials sector, focusing on stocks such as Wacker Chemie AG, Clariant AG, and Linde. LANXESS has an analyst consensus of Moderate Buy, with a price target consensus of $83.55, which is an 11.2% upside from current levels. In a report issued on Apri...