First half, adjusted EBITDA in the Fluroroproducts division of Chemours fell by 22.2% compared with the first half of 2018.
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Huntsman sells chemicals & intermediates to increase PU focus
Huntsman has sold its Chemicals and Intermediates business to Indorama Ventures for $2.1 bn. This is around nine times more than EBITDA generated by the business in the last 12 months.
Italian-owned PU sandwich panel boosts Romanian production
Italian-owned PU sandwich panel maker Isopan Est expanded its sales in 2018 to EUR 52m, up 30% on the same period in 2018.
Sheela drives EBITDA up 21.6% in Q1 2019
Sheela Foam, a flexible foam maker listed in Mumbai, had sales of INR 5bn ($70 m)the first quarter of 2019. EBITDA across the business rose 21.6%.
Economy takes shine of Manali in Q1 2019
Manali Petrochemicals, which makes polyols and owns system house Notedome, suffered a 21% fall in EBITDA in the first quarter of 2019.
Western Europe car registrations stagnate in July 2019
West European car registrations in July 2019 were almost unchanged at 1.19m units compared with July 2018 , according to data from LMC Automotive.
Business slows for Adient in Q3 2019
Adient, which makes car seats and interiors, had sales of $4.2 bn the third quarter of 2019. This is lower by 6% than the same period in 2018.
SEA mattress producers fill gap from falling Chinese exportsUS tariffs
China’s mattress makers may be routing products through third countries to avoid US import tariffs which can be up to 1732% on finished mattresses from China.
Lacklustre Q1 at Mitsui
Japanese polyurethane raw materials maker, Mitsui generated sales of JPY 342bn ($3.1bn) in first quarter of 2019. This is down 3.9% on the equivalent period last year.
Qixiang Tengda licenses HPPO technology from Evonik and ThyssenKrupp
China’s Zibo Qixiang Tengda Chemical licenses HPPO technology from Evonik and ThyssenKrupp for a HPPO propylene oxide project.
