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 Boosts Raw Materials Portfolio for European Construction Industry
Read MoreHide Full Article
BASF SE (BASFY - Free Report) recently introduced Pluriol A 2400 I, a reactive polyethylene glycol for polycarboxylate ethers in the construction industry in Europe. This isoprenol-PEG (iPEG) will be used to create third-generation superplasticizers, offering better performance in terms of flow characteristics and durability.
Being the only supplier in Europe, BASF is diligent in ensuring reliable deliveries. BASF also enjoys raw material independence through a backward-integrated manufacturing process, while simultaneously contributing to the reduction of CO2 emissions through local sourcing.
iPEGs are used as raw material for superplasticizers or flow agents in concrete admixtures, along with various other applications in the construction industry, such as a raw material to produce dispersants for inorganic pigments.
BASFY stock has lost 9.6% over the past year compared with the industry’s 27.2% decline.
The Zacks Consensus Estimate for Akzo Nobel’s current-year earnings is pegged at $1.64 per share, implying a 17.14% year-over-year increase. Its earnings beat the Zacks Consensus Estimate in three of the trailing four quarters, while missing the rest.
The Zacks Consensus Estimate for NEM’s current-year earnings is pegged at $3.92 per share, indicating a 12.64% year-over-year rise. Its earnings beat the Zacks Consensus Estimate in three of the trailing four quarters and missed it in one, with an average surprise of 32.41%. NEM’s shares have soared 12.8% in the past year.
The Zacks Consensus Estimate for IDR’s 2025 earnings is pegged at 78 cents per share, indicating a rise of 16.4% from year-ago levels. IDR’s earnings beat the consensus estimate in two of the trailing four quarters while missing the rest, with the average surprise being roughly 21.70%.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
BASF Boosts Raw Materials Portfolio for European Construction Industry
BASF SE (BASFY - Free Report) recently introduced Pluriol A 2400 I, a reactive polyethylene glycol for polycarboxylate ethers in the construction industry in Europe. This isoprenol-PEG (iPEG) will be used to create third-generation superplasticizers, offering better performance in terms of flow characteristics and durability.
Being the only supplier in Europe, BASF is diligent in ensuring reliable deliveries. BASF also enjoys raw material independence through a backward-integrated manufacturing process, while simultaneously contributing to the reduction of CO2 emissions through local sourcing.
iPEGs are used as raw material for superplasticizers or flow agents in concrete admixtures, along with various other applications in the construction industry, such as a raw material to produce dispersants for inorganic pigments.
BASFY stock has lost 9.6% over the past year compared with the industry’s 27.2% decline.
Image Source: Zacks Investment Research
BASFY’s Zacks Rank and Key Picks
BASFY currently carries a Zacks Rank #3 (Hold).
Some better-ranked stocks in the Basic Materials space are Akzo Nobel N.V. (AKZOY - Free Report) , Newmont Corporation (NEM - Free Report) and Idaho Strategic Resources, Inc. (IDR - Free Report) . While AKZOY sports a Zacks Rank #1 (Strong Buy), NEM and IDR currently carry a Zacks Rank #2 (Buy) each. You can see the complete list of today’s Zacks #1 Rank stocks here.
The Zacks Consensus Estimate for Akzo Nobel’s current-year earnings is pegged at $1.64 per share, implying a 17.14% year-over-year increase. Its earnings beat the Zacks Consensus Estimate in three of the trailing four quarters, while missing the rest.
The Zacks Consensus Estimate for NEM’s current-year earnings is pegged at $3.92 per share, indicating a 12.64% year-over-year rise. Its earnings beat the Zacks Consensus Estimate in three of the trailing four quarters and missed it in one, with an average surprise of 32.41%. NEM’s shares have soared 12.8% in the past year.
The Zacks Consensus Estimate for IDR’s 2025 earnings is pegged at 78 cents per share, indicating a rise of 16.4% from year-ago levels. IDR’s earnings beat the consensus estimate in two of the trailing four quarters while missing the rest, with the average surprise being roughly 21.70%.