Huntsman plans to make Demilec a global spray foam business. The strategy will and capture the higher margins for MDI in the spray foam insulation market.
Cutting machinery company Feckn-Kirfel will outline its new Loop H32 LP band knife splitting machine at UTECH Europe 2018.
Each year, EuroPUR, the European flexible polyurethane block makers’ trade body, commissions a report on the state of play in the sector from Angela Austin of Labyrinth Consulting. There were dramatic developments in 2017.
Huntsman saw sales in its polyurethanes business grow by 28% in Q13 2018 to $1.2 bn compared to $953m in the 2017 quarter, as margins improved, according to the company.
Polyurethane spray equipment manufacturer Graco, saw sales in its industrial segment rise by 25 % in the first quarter of 2018.
Grammer, which makes automotive seating, looks set to increase its share of the US industrial truck seat market to over 25%.
Sales in the polyurethanes business of Covestro were up 7.1% in the first quarter of 2018 at EUR 1.95 bn.
Carlisle Group, which recently bought Accella Performance Materials, said ‘revenue performance met our expectations and integration activities are on track.’
Selena Group, which makes a wide range of polyurethane-based construction chemicals, had record sales in 2017.
First quarter 2018 sales at Skechers were $1.25 bn up 16.5% on the first quarter of 2017 which itself broke records at the company.