This article was highlighted for PRO subscribers, Seeking Alpha’s service for professional investors. Find out how you can get the best content on Seeking Alpha here.
Chemicals are in virtually everything we touch in the modern day, but when industry comes to a standstill for several months even chemicals falter. Arkema (ARKAF) is one of these players, where its chemicals end up in all sorts of end-markets like microelectronics and construction. Although Q1 was rather strong for Arkema, like most other manufacturers, this is simply an accounting consequence as the large