The Urethane Blog

Elite Expansion

More than 100 new jobs at specialty foam producer are headed to Newnan in 2016
Sun, 09/20/2015 – 3:00pm Ben Nelms

A Newnan manufacturer of specialty foam products will be undergoing a $2.5 million expansion and adding 150 new jobs in early 2016.

Covestro IPO Update

Bayer chief remains optimistic over Covestro IPO plans

Jeevan Vasagar in Berlin


Covestro AG, the former Bayer AG MaterialScience business, has officially adopted its new name. The company is now legally and economically independent, but will remain a 100 percent subsidiary of Bayer for the time being.

Bayer is floating Covestro,

Covestro Update

Bayer's Covestro aims to fetch 2.5 bln eur in IPO
  Bayer CovestroLarge


* Offer price range 26.50-35.50 eur/shr

* Number of shares to be adjusted to reach 2.5 bln proceeds

* Oct.

Propylene Falls 3c/lb


September US propylene contract prices settling 3 cents/lb lower: sources

Houston (Platts)–17 Sep 2015 1202 pm EDT/1602 GMT


Fabricator Roll Up

Generational Equity Announces the Acquisition of Great Lakes Foam Technologies, Inc. by Unique Fabricating, Inc.



Propylene Inventories Rise

US Data — Weekly propane, propylene stocks rise 1.14 million barrels: EIA

Houston (Platts)–16 Sep 2015 1202 pm EDT/1602 GMT


Legacy Costs

Hoboken: Contamination At Eminent Domain Purchase Site Is BASF's Responsibility

The BASF site, the location of Hoboken’s pending $18.3 M eminent domain purchase,

Air Products Going Pure Play

Air Products & Chemicals Spin Off Materials-Technologies Business

Firm says split up to allow both business to focus on core competencies

Tess Stynes