3 Stocks To Watch In A Petrochemical Industry

Oct. 14, 2021 12:29 PM ET, , ,
Gleb Krivosheev
592 Followers

Summary

  • The petrochemical industry is an essential part of our life. Moreover, it will play an important role in the future development of the global economy.
  • In this article, I review 3 chemical companies, which are the leaders in the petrochemical business: BASF, LyondellBasell, and Dow. Additionally, I overview the industry and reveal the growth drivers.
  • The companies' analysis includes a small business overview, ratios, and valuation multiples comparison. Additionally, I review some of the other players in the industry.

Pressure safety valve, Relief valve at suction and discharge of gas turbine compressor to protect piping system from over pressure.

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Investment Thesis

The products of the petrochemical industry – plastics – are an integral part of our lives. The industry is projected to grow gradually, but steadily. In this article, I look at three companies that, in my opinion, are among the best options for

This article was written by

592 Followers
"Courage taught me no matter how bad a crisis gets ... any sound investment will eventually pay off." — Carlos Slim said. Even though this statement may be true (history shows that in most cases it is so), I am focusing on investments, that will pay off soon. Therefore, most of my articles are about companies that can unlock great potential in the near future.I started investing while I was studying at the university. Since then I was interested in stocks' fundamental analysis and valuation. Having 4 years of experience in the stock market, I decided to share my unbiased view on the market. My area of interest is global companies with decent growth potential and good financial health. Also, I cover some Russian companies, that I personally find good for both domestic and foreign investors. Feel free to contact me via email: gleb.krvshv@gmail.com

Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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Related Stocks

SymbolLast Price% Chg
BASFY--
BASF SE
BFFAF--
BASF SE
DOW--
Dow Inc.
LYB--
LyondellBasell Industries N.V.

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