ENXTBR:SOLBChemicals
Solvay (ENXTBR:SOLB) And The Molecular Sieves Story As Fair Value Stays In Question
The Europe molecular sieves market is projected to grow, supported by tighter EU environmental rules and rising medical oxygen demand. This trend is putting Solvay (ENXTBR:SOLB) and its basic chemicals portfolio on many investors’ radar.
Solvay’s recent share price has drifted lower, with the 90 day share price return down 6.83% and the year to date share price return down 5.27%. However, the 3 year total shareholder return of 41.22% hints that long term holders have still seen solid value...