Data by Company within Chemicals - Plastics & Rubber Industry
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Marketcap |
Revenues (TTM) |
Net Income (TTM) |
Employees |
| Company |
(Millions) |
(Millions) |
(Millions) |
Number |
| Sinopec Shanghai Petrochemical Company Limited |
$ 53,613 |
$ 12,243 |
$ -422 |
- |
| Dow Inc |
$ 37,002 |
$ 45,860 |
$ 1,402 |
35,700 |
| Dupont De Nemours Inc |
$ 32,831 |
$ 12,274 |
$ 4,714 |
28,000 |
| Entegris Inc |
$ 16,378 |
$ 3,656 |
$ 200 |
3,542 |
| Albemarle Corporation |
$ 14,860 |
$ 9,882 |
$ 3,436 |
6,000 |
| Eastman Chemical Co |
$ 10,209 |
$ 9,376 |
$ 587 |
14,000 |
| Aptargroup inc |
$ 8,587 |
$ 3,445 |
$ 281 |
12,700 |
| Berry Global Group Inc |
$ 8,242 |
$ 12,664 |
$ 609 |
21,000 |
| Hexcel Corporation |
$ 6,117 |
$ 1,760 |
$ 161 |
5,897 |
| Azek Co Inc |
$ 5,326 |
$ 1,370 |
$ 68 |
- |
| Armstrong World Industries Inc |
$ 3,867 |
$ 1,287 |
$ 226 |
3,700 |
| Newell Brands Inc |
$ 3,359 |
$ 8,342 |
$ -574 |
32,000 |
| Avient Corporation |
$ 3,263 |
$ 2,626 |
$ 593 |
- |
| Rogers Corp |
$ 2,455 |
$ 927 |
$ 101 |
3,100 |
| Raven Industries Inc |
$ 2,091 |
$ 438 |
$ 41 |
941 |
| Kraton corp |
$ 1,522 |
$ 1,970 |
$ 176 |
1,971 |
| Purecycle Technologies Inc |
$ 766 |
- |
$ -87 |
- |
| Advansix Inc |
$ 726 |
$ 1,556 |
$ 93 |
1,340 |
| Myers Industries Inc |
$ 667 |
$ 834 |
$ 50 |
2,200 |
| Karat Packaging Inc |
$ 443 |
$ 401 |
$ 34 |
- |
| Latham Group inc |
$ 284 |
$ 581 |
$ -22 |
- |
| Trinseo Plc |
$ 223 |
$ 3,995 |
$ -872 |
2,197 |
| Northann Corp |
$ 184 |
- |
$ 0 |
- |
| Core Molding Technologies Inc |
$ 160 |
$ 370 |
$ 23 |
1,247 |
| Tlgy Acquisition Corp |
$ 147 |
- |
$ 6 |
- |
| Danimer Scientific Inc |
$ 117 |
$ 51 |
$ -144 |
- |
| Tupperware Brands Corporation |
$ 87 |
$ 1,303 |
$ -233 |
13,000 |
| Deswell Industries Inc |
$ 42 |
$ 77 |
$ 2 |
1,340 |
| Newhydrogen Inc |
$ 35 |
- |
$ -8 |
1 |
| Plastec Technologies Ltd |
$ 13 |
- |
$ 0 |
2 |
| Forward Industries Inc |
$ 8 |
$ 41 |
$ -3 |
11 |
| Armstrong Flooring Inc |
$ 8 |
$ 650 |
$ -53 |
4,000 |
| Hong Yuan Holding Group |
$ 2 |
- |
$ 0 |
- |
| Hexion Inc |
- |
$ 2,661 |
$ -80 |
4,300 |
| Chemicals - Plastics & Rubber Industry |
$ 213,634 |
$ 140,641 |
$ 10,304 |
198,189 |
Recent News from Chemicals - Plastics & Rubber Industry |
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Financing Agreement
Eastman Chemical Company Completes Sale of Texas City Operations to INEOS Acetyls
KINGSPORT, Tenn. - In a strategic move aimed at bolstering its business portfolio, Eastman Chemical Company (NYSE:EMN) has successfully concluded the sale of its Texas City Operations facility to INEOS Acetyls. The completion of this deal marks a significant milestone for both companies, opening up new opportunities for growth and expansion in the chemical industry.
Under the terms of the agreement, INEOS Acetyls, a global leader in the production of acetyl chemicals and derivatives, will acquire the Texas City Operations facility, which includes a world-class acetyls manufacturing plant and associated infrastructure. The facility is renowned for its state-of-the-art technology and unparalleled operational efficiency.
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Management Changes
Newell Brands Strengthens Board with Election of Anthony Tony Terry
Newell Brands recently announced the election of Anthony Tony Terry to its Board of Directors, effective January 1, 2024. Terry, the recently retired Executive Vice President and Chief Financial Officer of Marriott Vacations Worldwide Corporation, brings a wealth of experience and expertise to the table. He will serve as a member of the Audit Committee, contributing to the governance and strategic decision-making of the company.
With the addition of Mr. Terry, Newell Brands' Board will expand from nine members to ten, allowing for a wider range of perspectives and insights. The company is thrilled to welcome Terry on board, recognizing the immense value he will bring to the table.
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Hong Yuan Holding Group
The recent financial results of Hong Yuan Holding Group (HGYN) have caught the attention of stockholders, who were not expecting any significant changes in the business during this reporting cycle from July to September 2023. However, they were startled by the company's operating shortfall of $-0.010166 million during the same period.
Although the shareholders are concerned about the company's current proficiency at HGYN, they are less worried about it now due to their anticipation of a new business strategy. They hope that this strategy will be implemented as soon as possible to address the operating shortfall and bring about consistent growth.
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Azek Co Inc
Company AZEK recently released its financial results for the fourth quarter ended September 30, 2023, showing impressive growth and profitability. As a leading manufacturer of outdoor living products, including decking, railing, trim, and pergolas, AZEK reported a net sales growth of 27.6% compared to the previous year.
The CEO of AZEK expressed satisfaction with the strong results achieved this quarter. The company's revenue grew by an impressive 27.633% to reach $388.81 million, and earnings per share rose to $0.29 compared to a loss of $-0.03 in the same period last year. This growth defies the downward trend often seen in the Chemicals - Plastics and Rubber industry, where many companies have experienced a contraction in their top-line figures.
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Product Service News
Chicago-based AZEK Company Inc. (NYSE: AZEK), renowned for its industry-leading outdoor living and home exteriors solutions, is set to revolutionize the market once again with an array of exciting new offerings. The company's TimberTech, AZEK Exteriors, and StruXure brands will showcase groundbreaking additions, featuring an inventive aluminum framing product, striking decking and porch colors, expanded railing options, a cutting-edge siding solution, and the highly anticipated arrival of a modular Cabana X model. This portfolio expansion exemplifies AZEK's commitment to delivering stunning, low-maintenance, and environmentally sustainable products to enhance outdoor living experiences.
AZEK Company Brings Innovation to the Forefront
In its latest move to maintain its industry-leading position, AZEK Company Inc. is thrilled to unveil its new suite of offerings for 2024. These groundbreaking additions speak to the company's dedication to product innovation and its commitment to providing customers with cutting-edge solutions that redefine outdoor living spaces and home exteriors.
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Danimer Scientific Inc
Danimer Scientific Inc is a leading next-generation bioplastics company that focuses on the development and production of highly engineered biodegradable materials. The company recently announced its financial results for the third quarter of 2023, which ended on September 30.
During this period, Danimer Scientific Inc experienced a decrease in its shortfall per share compared to the previous year. The company realized a shortfall per share of $-0.39, in contrast to $-0.94 in the same reporting period a year before. This represents a positive change for the company's bottom line.
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Tlgy Acquisition Corp
TLGY Acquisition Corp Reports Operating Deficit in Q3 2023
As the reporting cycle for July to September 30, 2023 resumes, several businesses in the Chemicals - Plastics and Rubber sector have declared their financial results. Among them is TLGY Acquisition Corp, which announced an operating deficit of $-0.47136 million for the three months ending September 30, 2023.
Shareholders of TLGY Acquisition Corp are eagerly awaiting new revenue streams to come as early as possible. It seems that the markets are less concerned about the company's operational conduct in the Chemicals - Plastics and Rubber industry. However, the net income for the third quarter of 2023 appears to be better, showing improvement compared to the same period in 2022. The company has made efforts to enhance its net income, which reached $3.321 million, up from $1.138 million in the third quarter of 2022.
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Dividend
EVANSVILLE, Ind. - Berry Global Group, Inc. (NYSE: BERY), a leading provider of innovative packaging and engineered products, has announced a 10% increase in its quarterly cash dividend. The new dividend of $0.275 per share brings the annualized dividend to $1.10 per share. This move reflects Berry's commitment to enhancing shareholder value and its strong performance in the market.
Dividend Announcement:
Berry Global Group has declared a 10% increase in its quarterly cash dividend, raising it to $0.275 per share. This brings the annualized dividend to $1.10 per share. The dividend is payable on December 15, 2023, to stockholders of record as of December 1, 2023.
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Karat Packaging Inc
Karat Packaging Inc, a leading distributor and manufacturer of disposable foodservice products, has experienced a decline in its stock price over the past week. The stock dropped by -13.11%, bringing the year-to-date performance to 41.05%. However, despite soft orders in the financial time-frame closing September 30, 2023, the company managed to improve its earnings per share.
In the aforementioned time-frame, Karat Packaging Inc saw its profit per share soar by 45.16% to $0.45 per share, while revenue fell by -4.593% to $104.94 million, compared to the previous year. Although these numbers indicate a decrease in revenue, it is worth noting that the decrease was not as significant as the previous financial reporting period, where revenue decreased by -2.704% from $107.86 million.
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Purecycle Technologies Inc
Purecycle Technologies Inc, a leading company in the recycling industry, has recently released its financial results for the July to September 30, 2023 interval. Despite a significant decline in its share prices over the past 7 days, the company has managed to turn around its profits, posting positive earnings per share and net profit per share. However, the revenue remained unchanged compared to the corresponding quarter a year ago. This article will outline the key financial facts and analyze the performance of Purecycle Technologies Inc in the context of its recent share price decline.
Financial Results:
1. Earnings per Share (EPS):
During the July to September 30, 2023 interval, Purecycle Technologies Inc achieved a remarkable financial turnaround by reporting earnings per share of $0.03. This is a significant improvement compared to a loss of $-0.21 per share in the same quarter the previous year.
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