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.
Sinomax, a flexible foam company with operations in China, said its profits for 2017 could be between 47% and 53% less in 2017 than in the 2016 financial year.
Polyol producer PCC Rokita had record sales and earnings before interest and taxation and depreciation in 2017. New and higher added value products helped the numbers.
Autoneum managed to maintain its profitability in 2017, despite it difficult US market and rising material prices.
China’s system house Hongbaoli estimates its 2017 annual net profit will drop 66% compared with 2016 to CNY 43m ($7m).
Steinhoff International, the troubled consumer and furniture group experienced a 5% fall in retail revenue in the third quarter of 2017, according to a recent trading statement.
Shanghai Chlor-Alkali Chemical (SCAC) estimates 2017 net profit to be between CNY 950m ($150m) to CNY 1bn, compared with CNY 328m net loss in 2016.
Sales at Recticel, the Belgian flexible and rigid foam maker grew by 8.3% to EUR 1.1 bn in 2017. This was outpaced by earnings before interest taxation, amortisation and depreciation, which rose by 13.9% to EUR 82.8m for the year.
Huntsman sees MDI prices dropping in the coming months, unless something unforeseen happens, Peter Huntsman told Financial analysts on 23 February in a conference call.
Kingspan sales in 2017 were up 18% to EUR 3.7bn and trading profit grew by 11% to EUR 377m, according to a company statement.