We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
BASF Expands Portfolio With ZeroPCF Superabsorbent Polymer
Read MoreHide Full Article
BASF SE (BASFY - Free Report) introduces the first polyacrylate-based superabsorbent polymer (SAP), HySorb B 6610 ZeroPCF, with a carbon footprint of zero. The SAP is marketed with a product carbon footprint (PCF) of zero for the hygiene industry. The zero PCF polymer expands BASFY’s sustainable portfolio. This has been achieved by utilizing renewable energy in addition to the established biomass balance approach (BMB) in the production process at the Antwerp Verbund site.
This ISCC PLUS-certified product offers a solution to help customers in the hygiene industry in Europe, Middle East and Africa to achieve their own sustainability targets by enabling them to reduce their scope 3 footprint.
HySorb B 6610 ZeroPCF is a drop-in solution that will not require adaptation of a diaper production line or compromise on product quality and performance, much like BASFY’s existing HySorb B 6610 BMB that is also being offered to support customers’ sustainability transformation.
BASFY stock has gained 1.2% in the past year against the 3.4% dip in the industry.
The Zacks Consensus Estimate for Ingevity’s current-year earnings is pegged at $2.75 per share. NGVT beat the Zacks Consensus Estimate in three of the trailing four quarters and missed once, with the average earnings surprise being 95.4%.
The Zacks Consensus Estimate for Carpenter Technology’s current fiscal-year earnings is pegged at $6.83 per share. CRS beat the Zacks Consensus Estimate in each of the trailing four quarters, with the average earnings surprise being 15.7%. Its shares have soared 199.3% in the past year.
The Zacks Consensus Estimate for Methanex’s current-year earnings is pegged at $4.2 per share. MEOH surpassed the Zacks Consensus Estimate in each of the trailing four quarters, with an average earnings surprise of 85.2%. The stock has gained 6.9% in the past year.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
BASF Expands Portfolio With ZeroPCF Superabsorbent Polymer
BASF SE (BASFY - Free Report) introduces the first polyacrylate-based superabsorbent polymer (SAP), HySorb B 6610 ZeroPCF, with a carbon footprint of zero. The SAP is marketed with a product carbon footprint (PCF) of zero for the hygiene industry. The zero PCF polymer expands BASFY’s sustainable portfolio. This has been achieved by utilizing renewable energy in addition to the established biomass balance approach (BMB) in the production process at the Antwerp Verbund site.
This ISCC PLUS-certified product offers a solution to help customers in the hygiene industry in Europe, Middle East and Africa to achieve their own sustainability targets by enabling them to reduce their scope 3 footprint.
HySorb B 6610 ZeroPCF is a drop-in solution that will not require adaptation of a diaper production line or compromise on product quality and performance, much like BASFY’s existing HySorb B 6610 BMB that is also being offered to support customers’ sustainability transformation.
BASFY stock has gained 1.2% in the past year against the 3.4% dip in the industry.
Image Source: Zacks Investment Research
BASFY’s Zacks Rank and Key Picks
BASFY currently carries a Zacks Rank #4 (Sell).
Some better-ranked stocks in the Basic Materials space are Ingevity Corporation (NGVT - Free Report) , Carpenter Technology Corporation (CRS - Free Report) and Methanex Corp. (MEOH - Free Report) . While NGVT sports a Zacks Rank #1 (Strong Buy), CRS and MEOH carry a Zacks Rank #2 (Buy) each at present. You can see the complete list of today’s Zacks #1 Rank stocks here.
The Zacks Consensus Estimate for Ingevity’s current-year earnings is pegged at $2.75 per share. NGVT beat the Zacks Consensus Estimate in three of the trailing four quarters and missed once, with the average earnings surprise being 95.4%.
The Zacks Consensus Estimate for Carpenter Technology’s current fiscal-year earnings is pegged at $6.83 per share. CRS beat the Zacks Consensus Estimate in each of the trailing four quarters, with the average earnings surprise being 15.7%. Its shares have soared 199.3% in the past year.
The Zacks Consensus Estimate for Methanex’s current-year earnings is pegged at $4.2 per share. MEOH surpassed the Zacks Consensus Estimate in each of the trailing four quarters, with an average earnings surprise of 85.2%. The stock has gained 6.9% in the past year.