Dow Inc. DOW announced that VORANOL WK5750 will be produced at its Freeport polyol plant. VORANOL WK5750 is a cutting-edge polyether polyol that has a unique design and is expected to transform the comfort experience for products like mattresses and furniture.
This production will allow DOW to offer novel polyol options to meet the performance needs of its customers. VORANOL WK5750’s ability to serve as a powerful cell opener expands its utility to viscoelastic and high resiliency foam applications, marking DOW’s commitment to high application performance.
DOW is continuously making an effort to improve its flexible foam capabilities. VORANOL WK5750 has emerged as an enabler of specialty slabstock flexible foam applications by offering enhanced reactivity, optimal viscosity, a high standard of purity and quality, and an aesthetic appeal.
DOW shares have plunged 24.7% in the past year compared with a decline of 6.2% for its industry.
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Dow, on its third-quarter call, stated that it will continue to operate with discipline as it capitalizes on regions of strong demand while utilizing its global size and cost advantages. Its solid financials will continue to support its growth investments in higher-value industries and geographies, where it has a competitive cost advantage and sees strong demand. DOW anticipates these investments to generate more than $3 billion in underlying earnings by 2030.
DOW currently carries a Zacks Rank #5 (Strong sell).
Better-ranked stocks in the Basic Materials space are DuPont de Nemours, Inc. DD, Axalta Coating Systems Ltd. AXTA and Methanex Corporation MEOH, each carrying a Zacks Rank #2 (Buy) at present. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
The Zacks Consensus Estimate for DD’s current-year earnings is pegged at $3.88, indicating a year-over-year rise of 11.5%. DD’s earnings beat the Zacks Consensus Estimate in each of the last four quarters, with the average earnings surprise being 12.9%. The company’s shares have gained 15.7% in the past year.
The Zacks Consensus Estimate for Axalta Coating’s current year earnings is pegged at $2.15, indicating a rise of 36.9% from year-ago levels. The Zacks Consensus Estimate for AXTA’s current year earnings has increased 3.9% in the past 60 days. The stock has gained around 14% in the past year.
The Zacks Consensus Estimate for MEOH's current-year earnings is pegged at $3.21, indicating a year-over-year rise of 42.67%. MEOH beat the consensus estimate in each of the last four quarters, with the earnings surprise being 100.98%, on average.
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