Specialty Chemicals Stocks Technical Reports -- LyondellBasell Industries, Olin, Axalta Coating Systems, and Amyris

Aug 26, 2016, 07:35 ET from Chelmsford Park SA

NEW YORK, August 26, 2016 /PRNewswire/ --

Stock-Callers.com today looks at four Specialty Chemicals equities, namely: LyondellBasell Industries N.V. (NYSE: LYB), Olin Corp. (NYSE: OLN), Axalta Coating Systems Ltd (NYSE: AXTA), and Amyris Inc. (NASDAQ: AMRS). The American Chemistry Council's global chemical production regional index ended the second quarter on a soft note, with the headline index rising only 0.1% on a three-month moving average basis in June. Download the free research reports on these stocks today:


LyondellBasell Industries  

Shares in Houston, Texas headquartered LyondellBasell Industries N.V. ended Thursday's session at $78.94, gaining 1.09%. The stock recorded a trading volume of 2.34 million shares. The Company's shares have advanced 1.02% in the last one month. The stock is trading 2.95% above its 50-day moving average. Moreover, shares of LyondellBasell Industries, which operates as a manufacturer of chemicals and polymers, refiner of crude oil, producer of gasoline blending components, and developer and licensor of technologies for production of polymers, have a Relative Strength Index (RSI) of 58.54.

On July 29th, 2016, LyondellBasell Industries announced that it will build a High Density Polyethylene Plant on the U.S. Gulf Coast. The plant will have an annual capacity of 1.1 billion pounds (500,000 metric tons) and will be the first commercial plant to employ LyondellBasell's new proprietary Hyperzone PE technology. The project is expected to create up to 1,000 jobs at the peak of construction and as many as 75 permanent positions. Start-up is planned for 2019. See our free and comprehensive research report on LYB at:



Clayton, Missouri headquartered Olin Corp.'s stock rose 0.61%, closing the day at $21.39 with a total volume of 1.18 million shares traded. The Company's shares have advanced 1.21% in the last month and 28.19% since the start of this year. The stock is trading 11.35% above its 200-day moving average. Additionally, shares of Olin, which manufactures and distributes chemical products in the US and internationally, have an RSI of 50.87.

On July 29th, 2016, research firm Cowen reiterated its 'Outperform' rating on the Company's stock with a decrease of the target price from $31 a share to $29 a share.

On August 1st, 2016, Olin announced that Q2 2016 reported net loss was $1.0 million, or $0.01 per diluted share. The company's Q2 2016 adjusted EBITDA of $180.4 million consists of depreciation and amortization expense of $132.4 million, restructuring charges of $8.2 million, and acquisition-related integration costs of $16.3 million. Sales in Q2 2016 were $1.36 billion compared to sales of $1.34 billion in Q1 2016. OLN free research report PDF is just a click away at:


Axalta Coating Systems  

On Thursday, shares in Philadelphia, Pennsylvania headquartered Axalta Coating Systems Ltd recorded a trading volume of 1.70 million shares. The stock ended the day 0.14% higher at $28.24. The Company's shares have gained 1.33% in the previous three months and 5.97% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 1.87% and 3.59%, respectively. Furthermore, shares of Axalta Coating Systems, which through its subsidiaries, manufactures, markets, and distributes high performance coatings products primarily for the transportation industry, have an RSI of 57.44.

On July 27th, 2016, research firm Seaport Global Securities upgraded the Company's stock rating from 'Accumulate' to 'Buy'. The research firm also revised upwards its previous target price from $34 per share to $36 per share.

As per notes filed with the SEC, on August 16th, 2016, Axalta Coating Systems, LLC, an indirect, wholly owned subsidiary of Axalta Coating Systems Ltd., issued $500.0 million aggregate principal amount of 4.875% Senior Notes due 2024 and $335.0 million aggregate principal amount of 4.250% Senior Notes due 2024. Each series of Notes pays interest semi-annually in arrears. Sign up for your complimentary report on AXTA at:



Emeryville, California headquartered Amyris Inc.'s stock saw a slight drop of 1.02%, finishing yesterday's session at $0.44 with a total trading volume of 1.40 million shares. The Company's shares have advanced 20.97% in the last one month. The stock is trading above its 50-day moving average by 6.95%. Additionally, shares of Amyris, which provides various alternatives to a range of petroleum-sourced products worldwide, have an RSI of 59.48.

On August 8th, 2016, Amyris announced that it has won a three-year multi-million dollar contract from the US Department of Energy to further the manufacturing of cellulose-derived farnesene for biofuels. Amyris, in cooperation with Renmatix and Total New Energies US, will work to develop a manufacturing-ready process utilizing wood as the cellulosic feedstock to produce farnesene, a hydrocarbon building block used to manufacture a variety of products ranging from cosmetics to detergents, as well as base oils, lubricants, diesel and jet fuel. Register for free on Stock-Callers.com and download the latest research report on AMRS at:


Stock Callers: 

Stock Callers (SC) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. SC has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below. 

SC has not been compensated; directly or indirectly; for producing or publishing this document. 


The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email info@stock-callers.com. Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by SC. SC is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.  


SC, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. SC, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, SC, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice. 


This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither SC nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit


CONTACT For any questions, inquiries, or comments reach out to us directly. If you're a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at: Email: info@stock-callers.com Phone number: +44 330 808 3765 Office Address: Clyde Offices, Second Floor, 48 West George Street, Glasgow, U.K. -G2 1BP

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

SOURCE Chelmsford Park SA