Comparing the current results to its competitors, Hexion Inc reported Revenue increase in the 2 quarter 2021 by 49.05 % year on year. The revenue growth was below Hexion Inc 's competitors' average revenue growth of 55.21 %, achieved in the same quarter.
Hexion Inc 's Comment on Competition and Industry Peers
Principal Competitors: Olin, Nan Ya, Huntsman, Spolchemie, Leuna Harze and Aditya
Birla (Thai Epoxy), ExxonMobil and Hebei Shield Excellence Technology, Sumitomo
(Durez), SI Group, Plenco, Dynea International, Arclin, Georgia-Pacific and Shenquan,
Carbo Ceramics, Santrol, Preferred Sands, Patriot Proppants and Atlas Resins,
Arclin, Georgia-Pacific, Huntsman, BASF, Covestro and DB Western Inc.
Huntsman Corporation operates as a global manufacturer and marketer of differentiated chemicals. The company focuses on producing and selling a wide range of chemical products across various industries, including chemicals for plastics, coatings, textiles, detergents, and automotive markets. Huntsman's business model aims to meet customer needs through innovation, efficiency, and global distribution channels.
Westlake Corporation operates under a business model centered around manufacturing and distributing chemical products. They source raw materials, primarily derived from ethylene, and transform them into a wide range of specialty and commodity chemicals. By efficiently producing and delivering their products, Westlake aims to meet customer demands while maximizing profitability.
Trecora Resources operates through two primary segments: Petrochemical and Specialty Waxes. The Petrochemicals segment produces high-purity hydrocarbons and other petrochemical products. The Specialty Waxes segment manufactures and sells specialty polyethylene and polypropylene based waxes and provides custom processing services.
Sources:
Hexion Inc’s official press releases and regulatory filings; CSIMarket.com’s market research; and the financial filings and press releases of other companies cited in this report.
Updated on:
Focus of this report: publicly traded companies.
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