The Urethane Blog

Everchem Updates

VOLUME XXI

September 14, 2023

Everchem’s Closers Only Club

Everchem’s exclusive Closers Only Club is reserved for only the highest caliber brass-baller salesmen in the chemical industry. Watch the hype video and be introduced to the top of the league: read more

August 25, 2022

Chemical Grade Propylene

Up 2c/lb for August to $0.475/lb . . .

August 25, 2022

Chemical Grade Propylene

Up 2c/lb for August to $0.475/lb . . .

OLIN ANNOUNCES CHLOR ALKALI CAPACITY REDUCTION

Aug. 24, 2022 4:05 PM ETOlin Corporation (OLN)

CLAYTON, Mo., Aug. 24, 2022 /PRNewswire/ — Olin Corporation (OLN) announced today that it plans to permanently shut down approximately 225,000 ECU tons of diaphragm-grade chlor alkali capacity at its Freeport, TX facility.  The closure is expected to be completed by year end 2022.

https://mma.prnewswire.com/media/717484/OlinLogo.jpg

“Including this closure, Olin will have rationalized over one million ECU tons of diaphragm-grade chlor alkali capacity in less than two years,” remarked Scott Sutton, Olin Chairman, President, and Chief Executive Officer.  “These actions demonstrate our commitment to lift and maintain our ECU values, while developing a more sustainable asset configuration.”

COMPANY DESCRIPTION

Olin Corporation is a leading vertically-integrated global manufacturer and distributor of chemical products and a leading U.S. manufacturer of ammunition.  The chemical products produced include chlorine and caustic soda, vinyls, epoxies, chlorinated organics, bleach, hydrogen, and hydrochloric acid.  Winchester’s principal manufacturing facilities produce and distribute sporting ammunition, law enforcement ammunition, reloading components, small caliber military ammunition and components, and industrial cartridges.

Visit www.olin.com for more information on Olin.

https://seekingalpha.com/pr/18916066-olin-announces-chlor-alkali-capacity-reduction?messageid=2900&mailingid=28836245&serial=28836245.1664&source=email_2900

OLIN ANNOUNCES CHLOR ALKALI CAPACITY REDUCTION

Aug. 24, 2022 4:05 PM ETOlin Corporation (OLN)

CLAYTON, Mo., Aug. 24, 2022 /PRNewswire/ — Olin Corporation (OLN) announced today that it plans to permanently shut down approximately 225,000 ECU tons of diaphragm-grade chlor alkali capacity at its Freeport, TX facility.  The closure is expected to be completed by year end 2022.

https://mma.prnewswire.com/media/717484/OlinLogo.jpg

“Including this closure, Olin will have rationalized over one million ECU tons of diaphragm-grade chlor alkali capacity in less than two years,” remarked Scott Sutton, Olin Chairman, President, and Chief Executive Officer.  “These actions demonstrate our commitment to lift and maintain our ECU values, while developing a more sustainable asset configuration.”

COMPANY DESCRIPTION

Olin Corporation is a leading vertically-integrated global manufacturer and distributor of chemical products and a leading U.S. manufacturer of ammunition.  The chemical products produced include chlorine and caustic soda, vinyls, epoxies, chlorinated organics, bleach, hydrogen, and hydrochloric acid.  Winchester’s principal manufacturing facilities produce and distribute sporting ammunition, law enforcement ammunition, reloading components, small caliber military ammunition and components, and industrial cartridges.

Visit www.olin.com for more information on Olin.

https://seekingalpha.com/pr/18916066-olin-announces-chlor-alkali-capacity-reduction?messageid=2900&mailingid=28836245&serial=28836245.1664&source=email_2900

August 22, 2022

Rogers Foam Expansion

Massachusetts-based foam fabricator expanding into ABQ

By Matthew Narvaiz / Journal Staff Writer
Published: Thursday, August 18th, 2022 at 2:46PM
Updated: Thursday, August 18th, 2022 at 6:55PM

The 40,000-square-foot facility is being leased by Rogers Foam, who is expanding into Albuquerque in September. (Courtesy of Johnson Commercial Real Estate)

A Massachusetts-based foam fabricator is bringing jobs to Albuquerque in an expansion announced on Thursday.

Rogers Foam, which converts flexible materials for the medical, automotive and bedding industries, is moving into the Albuquerque area to an existing 40,000-square-foot facility at 5154 Edith NE in September. The company plans to hire for 20 jobs at the facility.

The company’s move to New Mexico was partly due to the relationship the company has with Tempur Sealy International — the parent company of Tempur-Pedic — which has operated in Albuquerque since 2007 in an 850,000-square-foot facility on Atrisco Vista Boulevard.

Albuquerque Regional Economic Alliance, an economic development organization with a focus on bringing out-of-state businesses into the region, played a large part in Rogers Foam’s recruitment.

Rogers Foam’s presence in our region have a positive impact on Tempur Sealy, but its non-bedding expertise also lines up with the high value industries that AREA is working to develop in the region,” AREA CEO and President Danielle Casey said. “This is a win for everyone.”The City of Albuquerque’s Economic Development Department and AREA are working with Rogers Foam to help them in getting funding resources through the state’s Job Training Incentive Program. Casey said that development is “very preliminary” and still in the process.

“As they work to recruit, that is going to dictate where those holes are,” Casey said.

Rogers Foam’s headquarters are located in Somerville, Massachusetts, and the company — which has been operational for 75 years — also has a location in Santa Teresa, New Mexico. The company has production locations in four other states and in Mexico.

Erick Johnson of Johnson Commercial Real Estate helped broker the transaction for the leased facility.

https://www.abqjournal.com/2525524/massachusettsbased-foam-fabricator-expanding-into-abq.html