Coupled with macroeconomic uncertainties, supply chain issues could hamper the growth of the chemical industry. Given this backdrop, let us explore some fundamentally weak chemical stocks, Danimer Scientific, Inc. (DNMR) and Gevo, Inc. (GEVO), that could be avoided for reasons mentioned in the article.
Even though the chemical industry has improved considerably since the pandemic, owing to its soaring demand, the toxic mix of economic headwinds has taken a toll on the industry. To begin with, supply chain constraints and freight transportation issues have plagued the industry to a great extent.
