Specialty chemicals: Time for a re-look, as China negotiates & they integrate: 11 stocks, 6 with upside potential of over 27%

China Plus One is not quite making the headlines these days. But in the chemicals sector (both in speciality as well as commodity chemicals), underlying changes are happening at a reasonably strong pace that will bring it back into the limelight. These changes are focused on ensuring at least partial backward integration so that, over the medium term, dependence on Chinese imports comes down. This, however, will take time. And till it actually happens, there will be quarters, even years, when some of these companies will be under some pressure.