The Urethane Blog

Tempur Sealy Results

Tempur Sealy Reports Record Third Quarter 2016 Results

Thu October 27, 2016 7:15 AM|PR Newswire  | About: TPX

Q3 2016 Earnings Summary6a00e553931c4c883301bb07f28bc1970d-pi

EPS of $1.32 beats by $0.11 | Revenue of $832.4M (- 5.4% Y/Y) misses by $-2.4M

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Spray Foam Truck Catches Fire

Trailer carrying polyurethane explodes in Lansing

, Lansing State Journal 5:59 p.m. EDT October 26, 2016

Trailer fire in Lansing

A trailer fire occured at the 1600 block of Park Avenue in Lansing on Wednesday,

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More Analysis of Covestro Results

Germany’s Covestro Q3 net profit up 62%, sales flat
25 October 2016 11:36 Source:ICIS News

Covestro HQ at Leverkusen (source: Covestro)(adds financials, analyst’s comment from paragraph 7)

LONDON (ICIS)–Covestro’s third-quarter net profit surged by 61.9% year on year to €259m amid higher margins,

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Ludwigshafen Investigation Continues

BASF pipeline cut before deadly blast-investigators

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Oct 26 A pipeline of flammable material had been cut before a deadly blast at the headquarters of German chemicals group BASF last week,

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Chinese Flex Foam Update

Sponge Factories Still Under Cost Pressure

2016-10-25    [Source:PUdaily]

 

PUdaily, Shanghai-China TDI market stops soaring since the second week after National Day holiday and show downtrend from Oct.

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Covestro Q3 Results

Tuesday – October 25, 2016
Forecast again raised slightly:6a00e553931c4c883301b8d15a0c2d970c-pi

Covestro continues strong results in third quarter

Core volumes up 9.1% year-on-year / Adjusted EBITDA rose by 21.9% to EUR 574 million / Net income increased by 61.9% to EUR 259 million / Free Operating Cash Flow more than doubled / Forecast for full-year 2016 again raised slightly

Materials manufacturer Covestro continued its successful half-year trend in the third quarter of 2016 with high Free Operating Cash Flow and strong earnings.

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Chinese Benzene

China’s benzene end-users start initial 2017 contract price talks
25 October 2016 06:46 Source:ICIS News

SINGAPORE (ICIS)–China’s benzene end users have started to exchange initial ideas of 2017 term prices with their suppliers,

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