Basic Material touching new highs: Pacific Ethanol (NASDAQ:PEIX), Dow Chemical (NYSE:DOW), E I Du Pont De (NYSE:DD), LyondellBasell (NYSE:LYB)

Pacific Ethanol Inc. (NASDAQ:PEIX) announced plans to restart production at its 40 million gallon per year facility in Madera, California, which would bring the company’s total operating production capacity to 200 million gallons per year. The company expects to begin ethanol production at Madera during the second quarter of 2014. Pacific Ethanol Inc. (NASDAQ:PEIX) stock opened at $11.46 in last session, and closed at $14.94, while the day range of Pacific Ethanol Inc. (NASDAQ:PEIX) stock is $11.10 – $15.02. The stock showed a positive weekly performance of 73.92%.

The Dow Chemical Co. (NYSE:DOW) said it supports efforts to reduce the U.S. corporate tax rate and to adopt a competitive international tax system. So Dow officials are commending U.S. Rep. Dave Camp’s decision to release a draft comprehensive tax reform proposal that achieves these goals. The Dow Chemical Company (NYSE:DOW) stock opened at $47.78 in last session, and closed at $48.51 by gaining 1.42%. The 52 week range of $29.81 – $48.52. Company’s market capitalization is $57.73B.

E.I. DuPont de Nemours & Co. (NYSE:DD) EVP Mark P. Vergnano unloaded 66,253 shares of the company’s stock on the open market in a transaction dated Tuesday, February 25th. The shares were sold at an average price of $65.17, for a total value of $4,317,708.01. Following the transaction, the executive vice president now directly owns 117,040 shares of the company’s stock, valued at approximately $7,627,497. E I Du Pont De Nemours And Co (NYSE:DD) stock increased 0.75% and finished the last session at $66.00. The EPS of the stock remained 3.04. Company’s market capitalization is $61.20B.

Shares of LyondellBasell Industries (NYSE:LYB) were the recipient of some unusual options trading activity on Wednesday. Investors purchased 26,046 call options on the company, AR Network reports. This is an increase of approximately 470% compared to the average daily volume of 4,569 call options. LyondellBasell Industries NV (NYSE:LYB) stock opened the session at $86.89, and closed the session at $87.87. The 52 week range of the LyondellBasell Industries NV (NYSE:LYB) stock remained $55.02 – $87.92 and the day range was $86.43 – $87.92.

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