Lanxess, which purchased Chemtura in April 2017, posted record earnings for its 2017 financial year with sales just shy of EUR 7bn.
27th Month of growth in Japan PU production
Mattress manufacturer Purple Innovation is applying its technology to smaller products – pet beds. It is raising money on crowdfunding site Kickstarter to put the beds into production.
Sales in the Chemical Specialties segment of Conzetta, which includes FoamPartner, grew by 27.1% in 2017 compared with 2016, following the purchase of Otto Bock.
Honeywell and the United Nations will jointly work to reduce the amount of HCFC and HFCs used in the Middle East.
Compagnie Generale des Etablissements Michelin SCA (Michelin) is to acquire UK industrial rubber and polyurethane products group Fenner, the companies announced on 19 March 2018.
Huntsman’s thermoplastic polyurethane team has formed a partnership with T. Michael Formenbau, a steam-mould maker.
Wanhua showed a 76% year-on-year rise in 2017 revenue to CNY 53bn ($8.4bn). Other key financial metrics was also recorded growth from 2016.
A Honeywell patent numbered 98806481.2 on hydrofluorocarbon (HFC) production process was invalidated by China’s State Intellectual Property Office in January 2018.
Nitroil, a raw materials and systems company, plans to launch a new machine range at UTECH Europe.