Diversified Chemicals(IN00391.US)

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Diversified Chemicals
IN00391.US
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West Africa Crude - Tender results awaited

The West African crude market is awaiting tender results from national oil companies, including Indonesia's Pertamina and South Africa's Sasol. India's imports of Nigerian crude fell by 38.5% in December, while imports from Angola nearly doubled. As India seeks to replace sanctioned Russian oil, its share of Middle Eastern oil imports reached a 38-month high, with increased imports from Latin America as well.

Reuters·
US
SSL
-3.90%
Reuters·
US
SSL
-3.90%

The Chemours Company Agrees to Sell Former Titanium Dioxide Site in Taiwan | CC Stock News

The Chemours Company has signed agreements to sell its former titanium dioxide manufacturing site in Kuan Yin, Taiwan, to a group including Century Wind Power and others. The sale is expected to generate approximately $360 million in gross cash proceeds, which will be used to reduce debt. The transaction is anticipated to close by mid-2026, pending regulatory approval. Chemours is a global leader in industrial and specialty chemicals, headquartered in Wilmington, Delaware, and listed on the NYSE under the symbol CC.

StockTitan·
US
CC
+4.01%
StockTitan·
US
CC
+4.01%

Sasol (NYSE:SSL) Reaches New 12-Month High - Time to Buy?

Sasol Ltd. (NYSE:SSL) reached a new 52-week high of $7.50, closing at $7.4840 with a trading volume of 317,647 shares. Analysts have mixed opinions, with Morgan Stanley downgrading the stock to 'equal weight' and Weiss Ratings issuing a 'sell' rating. Hedge funds have increased their holdings, with EverSource Wealth Advisors raising theirs by 347.3%. Despite the stock's recent performance, it currently holds a consensus rating of 'Reduce' among analysts.

Market Beat·
US
SSL
-3.90%
Market Beat·
US
SSL
-3.90%

South African Markets - Factors to watch on January 14

The South African rand weakened as investors took profits after a surge in gold prices. The Top-40 index on the Johannesburg Stock Exchange remained flat. Global markets saw Asian stocks rise, influenced by Japanese shares and potential fiscal stimulus from a snap election. U.S. stocks fell, led by financial shares amid concerns over credit-card rate caps. Gold approached record highs, while silver surpassed $90, driven by soft U.S. inflation data. In local news, South Africa is off the EU's high-risk list, and BP and Sasol are seeking tariff hikes due to demand drops.

Reuters·
US
SSL
-3.90%
US
BP
-1.87%
Reuters·
US
SSL
-3.90%
US
BP
-1.87%

A New Year Perspective: Trusted Chemistry

Denise Dignam, President & CEO of Chemours, reflects on the past year, emphasizing the company's core values of Safety, Integrity, Partnership, Ownership, and Respect. In 2026, Chemours will focus on its corporate strategy, Pathway to Thrive, which includes Operational Excellence, Enabling Growth, Portfolio Management, and Strengthening the Long Term. Dignam highlights the importance of listening to employees, solving real problems for customers, and advocating for responsible manufacturing. She encourages collaboration and open conversation about the role of chemistry in improving lives and communities.

Acceswire·
US
CC
+4.01%
Acceswire·
US
CC
+4.01%
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