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July 1, 2014
05:42 EDTBASFY, HUNHuntsman, BASF, others plan new MDI plant in Shanghai
Huntsman (HUN), BASF (BASFY), Shanghai Hua Yi, Shanghai Chlor-Alkali Chemical, and SINOPEC Group Assets Management Corporation plan to build a new plant to produce 240,000 metric tons of crude MDI per year at Shanghai Lianheng Isocyanate in Caojing, China. With the new plant, the crude MDI capacity at this site will be doubled to 480,000 metric tons per year. In addition, the partners plan to build an HCl recycling plant for the production of chlorine, a precursor for MDI. The facility is expected to start up 2017.
News For HUN;BASFY From The Last 14 Days
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August 25, 2015
07:08 EDTBASFYBASF added to Best of Bernstein list at Bernstein
Bernstein believes that the decline of BASF's stock has created a buying opportunity, as the firm thinks that the company's fundamentals remain strong. Bernstein predicts that the company will generate 6% EBIT growth this year, beating the consensus outlook and its guidance. It keeps an Outperform rating on the shares.
August 17, 2015
10:09 EDTHUNOn The Fly: Analyst Downgrade Summary
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09:38 EDTHUNActive equity options trading on open
Active equity options trading on open: AAPL FB BAC MU NFLX TWTR HUN TSLA BABA MSFT
06:21 EDTHUNHuntsman downgraded to Buy from Conviction Buy at Goldman
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