Eastman Chemical (NYSE:EMN) on Monday was upgraded to Buy from a previous investment rating of Hold by analysts at ...
The reduction in volume was primarily caused by ongoing inventory destocking in industrial-based businesses, such as water ...
O-I Glass's Q1 results showed pressure from customer destocking, with gross profit falling by about a third. The company's ...
Distributors and retailers further reduced inventories in response to the pressure to lower working capital in the higher ...
Eastman Chemical beat Wall Street estimates for first-quarter profit on Thursday, helped by a decline in destocking trends across key markets. The company's adjusted profit was $1.61 per share for the ...
Tasmanian farmers are grappling with a severe rain deficit right across the state, with King Island facing the worst drought ...
Packaging business Orora continues to struggle in the near term, but brokers agree the company's prospects in the longer term ...
The Zacks Chemicals Specialty industry is expected to benefit from a demand rebound in key markets, as the unprecedented customer inventory destocking that plagued the industry for much of 2023 is ...
Ball has navigated a challenging operating market for well over a year now as inventory destocking weighed on volumes across much of its portfolio. It appears destocking headwinds have abated ...
In chemicals and agriculture, the decline was due to inventory destocking unwinding excess inventory built up during the covid-19 pandemic. However, we see opportunities across the sector ...
Silgan Holdings manufactures about half of the metal food containers in North America. Its major customers include Campbell Soup, Nestle, and Del Monte. Silgan's other business segments include ...