CW75 stock performance.(Chemical Week)

The CW75 rose by less than 1% for the week ending May 16, in line with broader market indexes. Basic chemical shares increased by 3% because demand has begun to pick up, and selling prices for certain products are increasing, producers say. Diversified chemical shares were flat, and specialty chemical stocks slipped 1.1%.

Shanghai Petrochemical topped the leaders' list on market speculation that its parent company Sinopec planned a buyout, and to take the unit private. The stock price has since fallen, however, because Sinopec says it does not have current plans to take the unit private. Lyondell Chemical's shares also rose, on news of a possible takeover. Russian industrialist Leonard Blavatnik, who controls investment firm Access Industries, has purchased the right to buy an 8.3% stake in Lyondell. Access is interested in starting discussions to acquire all of Lyondell, Blavatnik says (CW, May 15, p. 8).

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CW75 Index * 
 
MAY 16     209.62 
WEEK AGO   208.91 
QUARTER    193.17 
YEAR AGO   165.97 
 
* Jan. 1, 2002 = 100. 
 
CW75 stock performance 
 
Company                   Ticker   Category *    Marketcap     Closing 
                                                ($ millions)    price 
 
3M                        MMM          D           61944         86.01 
BASF                      BF           D           59557        120.39 
Bayer                     BAY          D           51524         67.41 
DuPont                    DD           D           47569         51.50 
DowChemical               DOW          D           44125         46.29 
 
Monsanto                  MON          D           33613         61.76 
Air Liquide               AIQUY        S           28215         46.75 
Shin-Etsu                 SHECF        B           27849         64.45 
Sasol                     SSL          B           24064         38.49 
Akzo Nobel                AKZOY        D           23122         80.37 
 
Praxair                   PX           S           21576         67.70 
PotashCorp                POT          B           21096        200.67 
Syngenta                  SYT          D           18190         37.43 
Linde                     LNAGF        S           17681        110.00 
Air Products              APD          S           16984         78.41 
 
Solvay                    SVYSY        D           13704        161.80 
Mosaic                    MOS          B           13489         30.63 
MEMC                      WFR          S           13270         59.18 
ICI                       ICI          S           13076         43.78 
PPG Industries            PPG          D           12314         75.01 
 
Rohm and Haas             ROH          S           11529         53.19 
Ecolab                    ECL          S           10914         44.11 
Royal DSM                 RDSMY        D            9255         11.85 
Lyondell Chemical         LYO          B            9203         36.39 
Sherwin-Williams          SHW          S            8866         67.22 
 
Avery Dennison            AVY          S            6333 …