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3 Diversified Chemical Stocks to Watch Amid Demand Woes
APDAir Products and Chemicals(APD) Zacks Investment Research·2024-02-02 14:11

The Zacks Chemicals Diversified industry is grappling with a slowdown in demand in certain markets, including consumer durables and building & construction, and consumer inventory destocking. Lower consumer spending due to inflationary pressures in Europe and a slow recovery in China are impacting demand.Industry players like Air Products and Chemicals, Inc. (APD) , Dow Inc. (DOW) and Eastman Chemical Company (EMN) are banking on strategic measures, including operating cost reductions and aggressive price h ...