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.
DowDuPont has announced the names its three businesses will operate under once the separation into independent companies has taken place.
CASE polyurethane company, Trelleborg is expanding its range of roller coverings for paper tissue makers.
PCC Rokita is increasing its stake in IRPC, a polyol producer in Thailand, and will own 50% of the company.
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.
BASF will start up TDI here in the coming months, said Kurt Bock, CEO at the company’s annual results press conference. Though he declined to give a specific date, he said that the plant was expected to ramp up capacity in March and April.
Atom, a shoemaker ,will use digitally printed adhesive from Covestro in a range of fully customisable, 3d printed shoes at Simac.
BASF said that in 2017 sales in its Chemicals segment rose by EUR3.4 bn to EUR16.3 bn. ‘This was primarily attributable to higher prices, especially in the Monomers division,’ the company said.
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.