Conference Call Schedules, Update on Operations, Board Appointments, and Strategic Initiatives - Analyst Notes on LyondellBasell, Westlake, Methanex, Green Plains and Ferro
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NEW YORK, July 7, 2014 /PRNewswire/ --
Today, Analysts Review released its analysts' notes regarding LyondellBasell Industries NV (NYSE: LYB), Westlake Chemical Corp. (NYSE: WLK), Methanex Corp. (NASDAQ: MEOH), Green Plains Renewable Energy, Inc. (NASDAQ: GPRE) and Ferro Corp. (NYSE: FOE). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/4490-100free.
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LyondellBasell Industries NV Analyst Notes
On June 30, 2014, LyondellBasell Industries NV (LyondellBasell) announced that it plans to release its Q2 2014 financial results on Friday, July 25, 2014, before the U.S. market opens. In conjunction with the earnings release, the Company informed that it will host a conference call on the same day at 11:00 a.m. ET. LyondellBasell stated that the webcast of the call and presentation slides will be available at the Company's website. The full analyst notes on LyondellBasell are available to download free of charge at:
http://www.analystsreview.com/Jul-07-2014/LYB/report.pdf
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Westlake Chemical Corp. Analyst Notes
On July 2, 2014, Westlake Chemical Corp. (Westlake) stock increased slightly by 0.26% to end the day at $85.10. The Company's stock gained 1.84% over the past three trading days compared to the Dow Jones Industrial Average which rose 0.74% and to S&P 500 which rose 0.70% during the same trading period. The full analyst notes on Westlake are available to download free of charge at:
http://www.analystsreview.com/Jul-07-2014/WLK/report.pdf
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Methanex Corp. Analyst Notes
On June 25, 2014, Methanex Corp. (Methanex) announced that its joint venture operation, Egyptian Methanex Methanol Company S.A.E., has been temporarily stopped on June 12, 2014 due to gas availability. According to the Company, its gas supplier has informed Methanex that due to the priority allocation of available natural gas to meet peak summer electricity demand the gas supplier will likely not be able to resume gas deliveries to the Company before the end of July 2014. The Company anticipates that the plant would resume operations shortly thereafter. Methanex informed that currently it is working with its gas supplier and other stakeholders to minimize the impact of the shutdown. The full analyst notes on Methanex are available to download free of charge at:
http://www.analystsreview.com/Jul-07-2014/MEOH/report.pdf
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Green Plains Renewable Energy, Inc. Analyst Notes
On June 19, 2014, Green Plains Renewable Energy, Inc. (Green Plains) announced that Mr. Gene Edwards has been appointed to the Company's Board of Directors with immediate effect. According to the Company, Mr. Edwards most recently served as Executive Vice President and Chief Development Officer of Valero Energy Corporation until his retirement in April, 2014. Todd Becker, Green Plains President and CEO said, "We are pleased to welcome Gene to the Green Plains board of directors. Gene's extensive experience in the oil and gas industry combined with his managerial success and strategic vision makes him a solid addition to our board. We believe that Gene will positively contribute to our continued growth strategy and our focus on building long-term shareholder value." The full analyst notes on Green Plains are available to download free of charge at:
http://www.analystsreview.com/Jul-07-2014/GPRE/report.pdf
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Ferro Corp. Analyst Notes
On July 1, 2014, Ferro Corp. (Ferro) announced that it is taking steps to further progress implementation of its value creating initiatives. The Company stated that it has completed its previously announced sale of substantially all of the assets in its Specialty Plastics business to A. Schulman, Inc. for net proceeds of approximately $88 million, which Ferro plans to use primarily to reduce debt. The Company also announced that its other strategic value creating initiatives including the refinancing of its current debt and efforts to sell its Polymer Additives business are moving in accordance with the plan. The Company added that it has also acquired certain commercial assets of a reseller of Ferro porcelain enamel products in Turkey in order to enhance direct marketing and sales opportunities. Ferro estimates that the acquisition will generate approximately $1.5 million of incremental sales and gross profit. The full analyst notes on Ferro are available to download free of charge at:
http://www.analystsreview.com/Jul-07-2014/FOE/report.pdf
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