11 September 2008 14:58 [Source: ICIS news]
TORONTO (ICIS news)--JP Morgan has upgraded the shares of US specialty chemicals and catalyst producer Albemarle to “overweight” from “neutral” as fears over the effects of a slowing global economy and lower oil prices on catalyst demand was creating an opportunity for investors to buy the stock, it said on Thursday.
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“Catalyst performance should be the key to the company performance in the 2008 second half and in 2009,” they said.
Several refinery projects were expected to come on stream at the end of 2008, including the Reliance project in
While selling 100% of
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