Global News

INVISTA has reached an agreement with its partner to deploy its most advanced ADN technology at its joint venture in France. Owned by INVISTA and Solvay, Butachimie is the largest ADN facility in the world. INVISTA’s new technology will be implement... Sep.22,2017

On September 11, Clariant announced investments in more capacity, technical service and geographic locations, and launches five new Tonsil bleaching earths as part of its stronger future-focused purification support for the edible oils, mineral oils ... Sep.12,2017

On September 6, Vertellus announced that, it will initiate a price increase of 10% for Pyridine from September 8 for non-contract customers or as existing contracts allow. The price increase is in response to higher costs of raw materials, transport... Sep.6,2017

DowDuPont™ announced on September 1 that the successful completion of the merger of equals between The Dow Chemical Company (“Dow”) and E.I. du Pont de Nemours & Company (“DuPont”), effective Aug. 31, 2017. The combined entity is operating as a hold... Sep.4,2017

Ongoing robust demand for polymer materials led to a year-on-year improvement in utilization of available capacities for the industry as well as for Covestro. The result was a sharp increase of 56.5% in EBITDA and 110.4% in net income. At the same t... Jul.31,2017

In the second quarter of 2017, BASF Group sales rose by 12% to €16.3 billion compared with the second quarter of 2016. This was largely attributable to higher prices and volumes. Amid higher raw material costs, the company raised sales prices by 7%;... Jul.31,2017

Second Quarter 2017 Highlights• Dow reported earnings per share of $1.07, or operating earnings per share of $1.08. This compares with earnings per share of $2.61 in the year-ago period, or operating earnings per share of $0.95. Certain Items in the... Jul.31,2017

On July 25, PPG reported second quarter 2017 net sales of $3.8 billion, up about 1 percent versus the prior year. Net sales in local currencies grew nearly 2 percent year-over-year, aided by acquisitions. Selling prices improved slightly versus the ... Jul.26,2017

Progressing strategy to accelerate growth and value creation Capacity expansions in Brazil, Mexico, Sweden and Thailand Two acquisitions announced to strengthen Performance Coatings business Decorative Paint product launches including Levis in Ch... Jul.26,2017

In 2016, global demand for water treatment chemicals totaled $25.4 billion which is forecast to rise 5.3% per year to $32.9 billion in 2021. The best opportunities for growth in this market are expected in developing regions of the world, particular... Jul.24,2017

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