World News and Views :: Top of the News
Private Equity Firm: Chemical Stocks Overvalued, Unspent Capital Will Be Put to Use
10:19 AM MST | November 20, 2009 | Vincent Valk
The recent climb in values in chemicals sector stocks is not sustainable, Thomas Kichler, managing director at One Equity Partners (One Equity; Chicago), told an audience at Societe de Chimie Industrielle meeting in New York this week. As equity markets have risen, forward earnings in the sector have declined, and eventually the former will fall in line with the latter, Kichler says. "The equity markets will correct, but I can't say when," he adds. Private equity investment in chemicals is likely to make a comeback, though its form will be different...
This information is only available to Chemical Week subscribers.
Forgot your user ID or password?
Not an IHS Chemical Week member yet?
Here's why you should be:
100% Satisfaction Guarantee