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Chemicals & Allied Products: capital spending and supply chain

SIC 2800 · 11 companies with filed cash-flow statements

Capital spending, 12 months$1.1B
Operating cash flow$2.5B
Capex / cash flow44%
Capex / revenue3.4%
Top 3 share72%

Analysis

11 companies in Chemicals & Allied Products (SIC 2800) spent $1.1B on capital projects over their latest twelve months, 44% of the $2.5B their operations generated; the three largest spenders — SOLS, CC, HUN — account for 72%.

Capital spending is 3.4% of the industry's $31.8B of annual revenue.

By the industry's asset mix most of it goes to equipment (44%); about $178M is imported.

The largest supplier of that spending is manufacturing structures ($295M).

Its largest supplying industries, by the input-output tables: imports ($3.4B), other basic organic chemical manufacturing ($1.7B), drugs and druggists' sundries ($1.4B).

Charts

Chemicals & Allied Products: capital spending by company, latest twelve monthsChemicals & Allied Products: capital spending by company, latest twelve monthsSOLS$413MCC$189MHUN$175MECVT$91.5MNGVT$57.9MIOSP$57.0MFMC$55.7MPRM$38.2MACNT$2.7MLQMT$475KCITR$37K
Filed cash-flow statements (SEC XBRL).
Chemicals & Allied Products: what the capital spending buys (US part)Chemicals & Allied Products: what the capital spending buys (US part)Structures$303MEquipment$380MSoftware$113MOther$62.1M
Capital spending × the industry’s asset mix (BEA fixed assets): grade C, an industry average applied to filed figures.
Chemicals & Allied Products: the industries that build and sell what it buysChemicals & Allied Products: the industries that build and sell what it buysManufacturing structures$295MSoftware publishers$63.4MMaterial handling equipment manuf…$48.0MOther industrial machinery manufa…$47.4MAir conditioning, refrigeration, …$44.5MOther general purpose machinery m…$31.2MMeasuring, dispensing, and other …$28.0MAir and gas compressor manufactur…$26.2MPlate work and fabricated structu…$23.7MCustom computer programming servi…$23.1M
BEA fixed assets: investment by asset type → supplying industry. Estimates (grade C).
Chemicals & Allied Products: its first-tier supplying industriesChemicals & Allied Products: its first-tier supplying industriesImports$3.4BOther basic organic chemical manu…$1.7BDrugs and druggists' sundries$1.4BPetrochemical manufacturing$1.3BPetroleum refineries$1.2BManagement of companies and enter…$1.1BOther nondurable goods merchant w…$1.0BBiological product (except diagno…$838MPlastics material and resin manuf…$673MElectric power generation, transm…$421M
Purchased inputs × the industry’s input mix (BEA Use table), US part: grade C.
Chemicals & Allied Products: where the industry's cash came from (+) and went (−)Chemicals & Allied Products: where the industry's cash came from (+) and went (−)Other financing (out)−$3.3BOperating cash flow$3.1BNet borrowing$2.5BOther financing (in)$2.0BDividends−$2.0BOther investing (out)−$1.3BCapital spending−$1.1BCash added to the balance she…−$845MOther investing (in)$793MShares issued$455MNet debt repaid−$391MBuybacks−$371MSales of assets & businesses$344MCash drawn from the balance s…$301M
The companies’ cash-flow statements, latest four quarters or fiscal year: every figure filed (grade A).

Capital spending by company

CompanyCapital spendingOperating cash flowCapex / OCFPeriod
SOLS Solstice Advanced Materials$413M$859M48%TTM to Q3 2026
CC Chemours$189M$400M47%TTM to Q3 2026
HUN Huntsman$175M$310M56%TTM to Q1 2026
ECVT Ecovyst$91.5M$118M77%TTM to Q3 2026
NGVT Ingevity$57.9M$180M32%TTM to Q3 2026
IOSP Innospec$57.0M$103M56%TTM to Q3 2026
FMC FMC$55.7M$426M13%TTM to Q3 2026
PRM Perimeter Group$38.2M$92.1M41%TTM to Q3 2026
ACNT Ascent Industries$2.7M−$5.2M—TTM to Q3 2026
LQMT Liquidmetal Technologies$475K−$2.6M—TTM to Q2 2026
CITR CitroTech$37K−$7.8M—TTM to Q2 2026

Customers and suppliers named in annual reports

SupplierCustomerShare of supplier revenueEvidenceSource
OLNU.S. government13%Stated in 10-K (sentence)filing
GUREShandong Brother Technology Limited16%Stated in 10-K (XBRL)filing
GUREShouguang Weidong Chemical Company Limited13%Stated in 10-K (XBRL)filing
CCWSO—Stated in 10-K (named, share not stated)filing

The interactive money flow: switch views, follow each dollar →

Evidence grades: A filed figure · B computed from filed figures · C industry average (BEA input-output and fixed-asset tables) applied to filed figures. Estimates are not the companies’ own records. Not investment advice.