LyondellBasell Expands Suzhou Technical Center With New Lab Line

LyondellBasell Industries N.V. LYB has strengthened its support for the Advanced Polymer Solutions business with the commissioning of a new laboratory extrusion line and an upgraded processing workshop at its Suzhou Technical Center. The investment will enhance compounding capabilities for polypropylene compounds and engineered plastics. The new facility will also help in the high-precision development of complex formulations.The Suzhou Technical Center features state-of-the-art extruders, advanced product analysis and performance testing abilities. Innovation will be focused on lightweight plastic body panels, flame-retardant technologies, sustainable materials, specialty resins and color-material-finish solutions. The expansion reaffirms LYB’s commitment to aligning growth with market megatrends through increased R&D investment in the region.Since its establishment in 2013 in Suzhou Industrial Park, the center has been nurturing customer-centric innovation. Earlier this year, it was recognized by the Suzhou municipal government as a “Foreign-Fund R&D Center,” underlining its achievements. The expansion also reinforces LyondellBasell’s broader Asia Pacific innovation network, which includes recent investments at facilities in Senai and Port Klang, Malaysia, as well as the Vadodara Technical Center in India.LYB’s shares have lost 36.3% over the past year compared with the industry’s 18.6% decline.Image Source: Zacks Investment ResearchLYB’s Zacks Rank & Key PicksLYB currently carries a Zacks Rank #5 (Strong Sell).Some better-ranked stocks in the Basic Materials space are The Mosaic Company MOS, Carpenter Technology Corporation CRS and Avino Silver & Gold Mines Ltd. ASM. While MOS sports a Zacks Rank #1 (Strong Buy) at present, CRS and ASM carry a Zacks Rank #2 (Buy) each. You can see the complete list of today’s Zacks #1 Rank stocks here.The Zacks Consensus Estimate for MOS’ 2025 earnings is pegged at $3.17 per share, indicating a rise of 60.10% from year-ago levels. The company’s earnings beat the consensus estimate in one of the trailing four quarters while missing it in the rest. MOS' shares have gained 36.3% in the past year.The Zacks Consensus Estimate for CRS’ current fiscal-year earnings is pegged at $9.51 per share, indicating a 27.14% year-over-year increase.Its earnings beat the Zacks Consensus Estimate in each of the trailing four quarters, with an average surprise of 8.38%. CRS’ shares have surged 70.5% in the past year.The Zacks Consensus Estimate for ASM’s current-year earnings is pegged at 11 cents per share. Its earnings beat the Zacks Consensus Estimate in each of the trailing four quarters, with an average surprise of 141.67%. ASM's shares have jumped 328.4% in the past year.One Big Gain, Every Trading DayTo help you take full advantage of this market, you’re invited to access every stock recommendation in all our private portfolios - for just $1.Zacks private portfolio services that closed 256 double and triple-digit winners in 2024 alone. That’s about one big gain every day the market was open. Of course, not all our picks are winners, but members have seen recent gains as high as +627% +1,340%, and +1,708%.Imagine how much you could profit with a steady stream of real-time picks from all our services that cover a number of strategies to suit a variety of investing and trading styles.See Stocks Now >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Carpenter Technology Corporation (CRS): Free Stock Analysis Report The Mosaic Company (MOS): Free Stock Analysis Report LyondellBasell Industries N.V. (LYB): Free Stock Analysis Report Avino Silver (ASM): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks