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.
Sales at insulated panel company, Kingspan were up 24% in the first nine months of 2018, according to a trading statement.
High TDI prices, and more polyether polyols looking for a home hit profitability of PCC Rokita’s polyurethane segment
Sports footwear company Adidas saw third-quarter sales in 2018 rise 3.5% compared to 2017 and operating profit rise 6.3% on a currency-neutral basis.
Bob Biondich, director of sales at Hennecke, outlines an innovative approach that maximises output and minimises footprint for a foam line.
Huntsman saw sales growth in its MDI segment slow in the third quarter of 2018 as prices started to come off the boil.
Tempur Sealy International saw a 2.5% rise in sales during the third quarter of 2018 to $ 729 m following a restatement of year earlier numbers.