ShengdaTech, Inc. (fka SDTHQ)

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ShengdaTech Ranks the Highest in Terms of Gross Margin in the Diversified Chemicals Industry (SDTH, PPG, FMC) - February 02, 2012
6 days 1 hours 1 minutes ago - Financial News Network Online - News Corner via Comtex

Below are the three companies in the Diversified Chemicals industry with the highest gross margins. Gross margin represents the amount of revenue retained after deducting direct costs associated with producing the goods or services which led to that revenue. The higher the gross margin as a percentage of revenue, the better.

ShengdaTech (NASDAQ:SDTH) is highest with a gross margin of 40.7%. ShengdaTech, Inc. manufactures and supplies nano precipitated carbonated calcium for tires, plastics, paints, and papers in China. The Company sells its products directly to tire and plastic manufacturers in Northern China. ShengdaTech also manufactures coal baased chemicals including ammonia biocarbonate, liquid ammonia, methanol, and melamine. In the past 52 weeks, shares of ShengdaTech have traded between a low of $0.12 and a high of $4.48 and are now at $0.14, which is 17% above that low price. The 200-day and 50-day moving averages have moved 0% lower and 0% lower over the past week, respectively.

Following is PPG Industries (NYSE:PPG) with a gross margin of 34.6%. Finishing up the top three is FMC (NYSE:FMC), with a gross margin of 33.3%.