BASF will streamline its business, concentrate more on higher added value products and increase its investment in China
Wanhua has confirmed that Convent, 43 miles (70km) south of Baton Rouge, will be the location of its 400kT/year MDI plant.
Cannon inaugurated a new extension to its existing factory here at the end of October with a visit from 100 of the company’s young managers.
Henkel Q3 2018 sales in its Adhesive Technologies division were unchanged from the 2017 period at EUR 2.37 bn
Mitsui sees its joint venture with Korea’s SKC Polyurethanes as a key part of its Basic Materials Business Unit’s future strategy confirmed Tustomu Tannowa, Mitsui CEO.
merityre, which makes polyurethane tyres for industrial applications, experienced an 11% fall in sales in the first quarter of 2019,
EBITDA at automotive interiors firm Grammer plunged by 108% between the third quarter of 2017 and 2018 as sales remained static and exceptional costs soared.
Sales in Momentive’s Performance Additives division, which includes polyurethane surfactants grew 7.1% in the third quarter of 2018.
Lanxess’ Engineering Materials division, which contains the polyurethane business purchased from Chemtura in 2017, performed strongly in the third quarter of 2018.
Plymouth, Michigan – Adient made a loss of $1.7 bn in 2018 after $1.48 bn of ‘one-time non-cash’ charges in Q4. Dividends are suspended from Q2 2019.