Dow and Innventure to Partner on Waste-to-Value Platform

Dow Inc. DOW and Innventure Inc. announced plans to collaborate to develop and commercialize new waste-to-value technologies. The partnership aims to enable globally scalable, cost-effective conversion of mixed wastes to petrochemical feedstocks.Innventure founded its fourth subsidiary, Refinity, to commercialize cost-effective waste-to-value technologies.Refinity will work directly with Dow to scale and commercialize cost-effective waste-to-value technologies, aimed at converting mixed waste. The sustainable chemicals produced by Refinity will serve as direct replacements for existing fossil fuel-based feedstocks. DOW will provide technical resources and work with Refinity to identify preferred sites for future commercial-plant operations. This collaboration aligns with Dow’s strategy to work with partners to accelerate the development and deployment of advantageous technologies and deliver the volumes and incremental profit goals of its “Transform the Waste” objective. Refinity and Dow may also collaborate to develop selected parts of the waste supply chain.DOW and Innventure have a common goal of accelerating circularity on a global scale. The collaboration displays DOW’s efforts to Decarbonize & Grow in its Path2Zero journey. DOW has a sustainability target to commercialize three million metric tons of circular and renewable solutions by 2030.DOW’s shares have lost 26.4% in the past year compared with the industry’s decline of 7.5%.Image Source: Zacks Investment ResearchDOW’s Zacks Rank and Key PicksDOW currently carries a Zacks Rank #5 (Strong Sell).Better-ranked stocks in the Basic Materials space are CF Industries Holdings, Inc. CF, Coeur Mining, Inc. CDE and Ingevity Corporation NGVT. While CF and CDE both sport a Zacks Rank #1 (Strong Buy) at present, NGVT carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.The Zacks Consensus Estimate for CF’s current-year earnings is pegged at $6.35 per share. CF’s earnings beat the Zacks Consensus Estimate in two of the trailing four quarters and missed the rest, with the average surprise being 10.3%. The company’s shares have gained 7.8% in the past year.The Zacks Consensus Estimate for CDE’s current year earnings is pegged at 15 cents per share, indicating a rise of 165.2% from year-ago levels. CDE surpassed the Zacks Consensus Estimate thrice in the trailing four quarters with an average earnings surprise of 46.1%. The stock has gained around 63.2% in the past year.The Zacks Consensus Estimate for NGVT's current-year earnings is pegged at $2.55 per share. NGVT beat the consensus estimate in three of the last four quarters while missing the mark in one, with the earnings surprise being 95.4%, on average. Zacks Naming Top 10 Stocks for 2025Want to be tipped off early to our 10 top picks for the entirety of 2025?History suggests their performance could be sensational.From 2012 (when our Director of Research Sheraz Mian assumed responsibility for the portfolio) through November, 2024, the Zacks Top 10 Stocks gained +2,112.6%, more than QUADRUPLING the S&P 500’s +475.6%. Now Sheraz is combing through 4,400 companies to handpick the best 10 tickers to buy and hold in 2025. Don’t miss your chance to get in on these stocks when they’re released on January 2.Be First to New Top 10 Stocks >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Dow Inc. (DOW): Free Stock Analysis Report CF Industries Holdings, Inc. (CF): Free Stock Analysis Report Coeur Mining, Inc. (CDE): Free Stock Analysis Report Ingevity Corporation (NGVT): Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks