New York Stock Exchange : Chemical firms news on NY Stock

Add caption Two product of company spin-offs, Versum Materials and AdvanSix, debuted on Oct. three as freelance chemical corporations commerce on the the big apple securities market. On identical day, a 3rd chemical maker, Ashland, launched AN identity campaign when the byproduct of its Valvoline automotive car care business.Activist investors vie a hand within the separation of Versum from Air product & Chemicals and also the orientation of Ashland as a specialty chemicals-focused entity. Honeywell, in distinction, acted on its own to make AdvanSix as the simplest way to exit the nylon six business years when competitors DuPont and Solutia sold  their sickly nylon arms.Versum chief operating officer Guillermo Novo says the launch of his firm creates a “focused pure-play within the semiconductor business,” with $1 billion in annual sales and one,900 staff. Originally, Versum...