Top Trucking Stocks To Own Right Now: LyondellBasell Industries NV(LYB)
LyondellBasell Industries N.V. manufacturers and sells chemicals and polymers, refines crude oil, produces gasoline blending components, and develops and licenses technologies for production of polymers. The company?s Olefins and Polyolefins segment offers olefins, including ethylene, propylene, and butadiene; aromatics, such as benzene and toluene; polyolefins, which comprise polypropylene (PP), high-density polyethylene, low-density polyethylene, and linear low-density polyethylene; specialty polyolefins, including catalloy process resins, PP compounds, and polybutene-1 resins; and ethylene derivatives, which comprise ethanol. Its Intermediates and Derivatives segment provides propylene oxide (PO); PO co-products, including styrene monomers and TBA derivative isobutylene; PO derivatives, such as propylene glycol, propylene glycol ethers, and butanediol; acetyls, such as methanol, acetic acid, and vinyl acetate monomers; ethylene derivatives, which comprise ethylene oxide , ethylene glycol, and ethylene glycol ethers; and flavor and fragrance chemicals. The company?s Refining and Oxyfuels segment offers gasoline and components, ultra low sulfur diesel, jet fuel, and lube oils; diesel, feedstock, fuel oil, gasoline, and bitumen; and gasoline blending components, including methyl tertiary butyl ether, ethyl tertiary butyl ether, and alkylate. Its Technology segment develops and licenses polyolefin and other process technologies. This segment also develops, manufactures, and sells polyolefin catalysts, as well as provides technology services, which comprise safety reviews, training and start-up assistance, engineering services for process and product improvements, and manufacturing troubleshooting. LyondellBasell Industries N.V. has operations in the Americas, Europe, Asia, and internationally. The company was founded in 2005 and is based in Rotterdam, Netherlands. LyondellBasell Industries N.V. is a subsidiary of Prochem! ie GmbH.
Advisors' Opinion:- [By Lauren Pollock]
LyondellBasell Industries N.V.'s(LYB) third-quarter earnings edged up 0.8% as the plastics and chemicals company reported stronger profits in its olefins and polyolefins segments, though results were weaker in its intermediates and refining businesses. Results missed estimates, sending shares down 2% premarketto $74.
- [By Taylor Muckerman]
Along with Dow, DuPont (NYSE: DD ) and LyondellBasell (NYSE: LYB ) are two companies that have used this access to their advantage. All three will be reporting earnings this week. Motley Fool analyst Taylor Muckerman expects margins to remain relatively high, but the growth we have seen over the past few years might begin to slow. In addition, he touches on some of the future market dynamics that will likely roll out as the available infrastructure continues to increase. Details can be found in the video below.
source from Top Penny Stocks For 2015:http://www.seekpennystocks.com/top-trucking-stocks-to-own-right-now.html
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