Wanhua’s net profit in Q3 2018 slipped by 30% year-on-year to CNY 2.07bn ($299m); revenue during the quarter grew by 9% to CNY 159m.
FRX Polymers has launched a range of non-halogenated flame retardants under the brand name Nofia. They are designed for use in high-temperature polyurethane flexible foams in the transportation and electronics industries.
Arsenal Capital Partners is to acquire mould-making polymer specialist Polytek from fellow private equity firm Morgenthaler.
Resinate Materials Group has been awarded a grant by the US Environmental Protection Agency to develop lignin polyols as flame retardant polyols in rigid insulating foam applications.
The US polyurethane raw material business generated sales of $17.4 bn in 2017 and employed 8900 people directly.
Evonik has appointed Emco-Inortech as its distributor for the polyurethane coatings, adhesives & sealants and elastomers market in Canada.
The Mattress Recycling Council (MRC) has launched its 2018 Retailer Take-Back campaign. The eight-week campaign runs through October and November in California.
Sales of the Rampf Group, which makes polyurethane resins for a range of applications, reached EUR 183.5 m.
Sales in Conzzeta’s division, which includes FoamPartner, grew by 75% in the first nine months of 2018.
Autoneum joined automotive seat maker Grammer of Germany in warning that business in 2018 is tough.