With a more favourable environment, KH NEOCHEM improves to Slightly Positive
KH NEOCHEM (JP), a company active in the Commodity Chemicals industry, is favoured by a more supportive environment. The independent financial analyst theScreener has confirmed the fundamental rating of the title, which shows 2 out of 4 stars, as well as its unchanged, moderately risky market behaviour. The title leverages a more favourable environment and raises its general evaluation to Slightly Positive. As of the analysis date March 25, 2022, the closing price was JPY 2,804.00 and its potential was estimated at JPY 3,315.05.KH Neochem Co Ltd. KH Neochem Co., Ltd. is a Japan-based company engaged in the manufacture and sale of petrochemicals. The Company's business is divided into three business units. The Basic Chemical business's main products include butyl alcohols, octyl alcohols and butyl acetates. The business is involved in the provision for the manufacture of paints, inks, commodity resins, plasticizers, detergents and others. The Performance Material business's main products include isononanoic acids and octylic acids, among others. The business is involved in the provision of raw materials for surfactants, water-based paints, cosmetics, pesticides, as well as pharmaceutical products. The Electronic Material business's main products include propylene glycol methyl ether-pure (PM-P) and propylene glycol methyl ether acetate-pure (PMA-P). The business is involved in the provision for semiconductors, display materials and optical materials, among others. The Company has six subsidiaries and two associated companies.
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