Olin Expands Integrated Network With Strategic Braskem Deal

Olin Corporation OLN recently entered into a long-term strategic partnership with Braskem, marking a significant step in its efforts to expand value across the global vinyls chain. Per this agreement, Olin will supply Braskem with ethylene dichloride (EDC), a key material in the polyvinyl chloride (PVC) production process. The partnership is designed to support Braskem’s transformation of its chlor-alkali and vinyl operations in Brazil, an important market where the company is focused on strengthening its competitiveness and operational performance. This collaboration aligns directly with its strategy to use its cost-advantaged EDC platform to create more sustained value in regions that represent strong, long-term growth opportunities. The company views the Brazilian PVC market as especially attractive and believes that partnering with a major industry participant like Braskem enhances its ability to capture that value. Olin Repositions EDC for Strategic GainsThe company highlighted that the dissolution of its Blue Water Alliance joint venture played a key role in paving the way for deeper structural partnerships. By ending the venture, Olin can now redirect a larger portion of its EDC output into high-value relationships that offer greater strategic and financial stability. This shift reflects the company’s broader effort to reshape its portfolio around more durable, value-accretive customer relationships. The company emphasized that the partnership with Braskem supports the company’s ongoing focus on disciplined growth within its core chlor-alkali and vinyls business. Leveraging Olin’s leadership position in EDC production, along with forging strategic alliances, is central to driving improved returns and supporting the company’s long-term value-creation objectives. The agreement represents another step in strengthening Olin’s competitiveness and enhancing the structural advantages of its global integrated network. Shares of OLN are down 40.5% year to date compared with the industry’s 27.3% decline. Image Source: Zacks Investment ResearchOLN’s Zacks Rank & Key PicksOLN currently carries a Zacks Rank of #3 (Hold). Some better-ranked stocks in the Basic Materials space are AngloGold Ashanti Plc. AU, First Majestic Silver Corp. AG and Coeur Mining, Inc. CDE. AU sports a Zacks Rank of #1 (Strong Buy) while AG and CDE carry a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.The Zacks Consensus Estimate for AU’s current-year earnings is pegged at $5.80 per share, indicating a 162.44% year-over-year increase. Shares of AU are up 219.8% year to date. The Zacks Consensus Estimate for AG’s current-year earnings is pegged at 25 cents per share, indicating a 278% year-over-year increase. The consensus estimate has been trending higher over the past 60 days. The Zacks Consensus Estimate for CDE’s current-year earnings is pegged at 91 cents per share, indicating a 406% year-over-year increase. Its earnings beat the Zacks Consensus Estimate in two of the trailing four quarters and missed two, with an average surprise of 106.6%. Radical New Technology Could Hand Investors Huge GainsQuantum Computing is the next technological revolution, and it could be even more advanced than AI.While some believed the technology was years away, it is already present and moving fast. Large hyperscalers, such as Microsoft, Google, Amazon, Oracle, and even Meta and Tesla, are scrambling to integrate quantum computing into their infrastructure.Senior Stock Strategist Kevin Cook reveals 7 carefully selected stocks poised to dominate the quantum computing landscape in his report, Beyond AI: The Quantum Leap in Computing Power.Kevin was among the early experts who recognized NVIDIA's enormous potential back in 2016. Now, he has keyed in on what could be "the next big thing" in quantum computing supremacy. Today, you have a rare chance to position your portfolio at the forefront of this opportunity.See Top Quantum 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 AngloGold Ashanti PLC (AU): Free Stock Analysis Report Coeur Mining, Inc. (CDE): Free Stock Analysis Report Olin Corporation (OLN): Free Stock Analysis Report First Majestic Silver Corp. (AG): 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