【出版时间及名称】：JPM-CHEMICAL REACTIONS-EUROPEAN CHEMICALS WEEKLY NEWS AND VALUATION UPDATE-100301
      【作者】：jpmorgapdfn
      【文件格式】：pdf
      【页数】：29
      【目录或简介】：
European Chemicals Weekly News and Valuation
Update
Agriculture/Fertilizers, Industrial
Gases, Major/Commodity,
Specialty Chemicals, Plastics
Neil C TylerAC
(44-20) 7325-9935
neil.c.tyler@jpmorgan.com
Martin Evans
(44-20) 7155 6169
martin.evans@jpmorgan.com
Heidi Vesterinen
(44-20) 7325-4537
heidi.m.vesterinen@jpmorgan.com
J.P. Morgan Securities Ltd.
See page 24 for analyst certification and important disclosures, including non-US analyst disclosures.
J.P. Morgan does and seeks to do business with companies covered in its research reports. As a result, investors should be aware that the firm may
have a conflict of interest that could affect the objectivity of this report. Investors should consider this report as only a single factor in making their
investment decision.
MSCI EURO vs. MSCI EURO CHEM
40
80
120
160
200
Feb-09 May -09 Aug-09 Nov -09
MSCI EURO MSCI CHEMICALS
Source: Bloomberg.
This Week’s Results
o Arkema FY09 (04 Mar)
o Linde FY09 (04 Mar)
J. P. Morgan recommendations
Company Rating TP Share price
Upside/
(Downside)
Air Liquide Overweight