First half, adjusted EBITDA in the Fluroroproducts division of Chemours fell by 22.2% compared with the first half of 2018.
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 maker Isopan Est expanded its sales in 2018 to EUR 52m, up 30% on the same period in 2018.
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%.
Manali Petrochemicals, which makes polyols and owns system house Notedome, suffered a 21% fall in EBITDA in the first quarter of 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.
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.
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.
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.
China’s Zibo Qixiang Tengda Chemical licenses HPPO technology from Evonik and ThyssenKrupp for a HPPO propylene oxide project.