TDI production at Gujarat Narmada Valley Chemicals & Fertilizers Ltd (GNFC) rose by 20% in 2017 and plant utilisation reached 93%.
Haier reported a 30% jump in refrigerator sales last year to CNY 47.1bn ($7.4bn). The business had 32% gross margin, down by 1% from 2016.
Amerityre, which makes polyurethane tyres for industrial applications, experienced a fall in sales of 31% to $934,000 for the third quarter of 2017.
BioAmber has filed for chapter 11 bankruptcy protection in the US and has filed a Notice of Intention to take protection under Canada’s Bankruptcy and Insolvency Act.
Tempur Sealy International saw an 11.4% fall in sales during the first quarter of 20178 to $ 648 m due to the termination of an agreement with Steinhoff’s subsidiary, bedding retailer Mattress Firm.
Mumbai, India — BASF India Limited posted sales of INR 55.8bn in 2018, up 10% on 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.
Lear Corporation, which makes automotive seating, returned record results for the first quarter of 2018.
Recaro Aircraft Seating increased sales of economy class aircraft seats by 15% to 120,000 units in 2017.