The Urethane Blog

SKC Investments in China

SKC to invest $71 mn to add wet chemical, polyurethane plants in China

2017.10.26 15:21:11 | 2017.10.26 18:02:41

South Korea’s SKC Co.,

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Huntsman and Clariant Abandon Merger

Clariant and Huntsman Terminate Planned Merger Amid Activist Pressure

Deal’s failure highlights the growing influence of activist investors across Europe

Clariant Chief Executive Hariolf Kottmann and Huntsman Chief Executive Peter Huntsman at a news conference in Zurich in May.
Clariant Chief Executive Hariolf Kottmann and Huntsman Chief Executive Peter Huntsman at a news conference in Zurich in May. Read more

Q3 Chemical M&A Down

Global Q3 chem M&A falls on fewer megadeals – PwC
26 October 2017 06:00 Source:ICIS News

HOUSTON (ICIS)–Both the number and volume of chemical mergers and acquisitions (M&A) fell year on year in the third quarter,

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Hurricane Dampens Chemical Production in September

US September chemical production fell 1.4% on Hurricane Harvey – ACC
24 October 2017 16:25 Source:ICIS News

HOUSTON (ICIS)–US chemical production fell by 1.4% in September from August on the American Chemistry Council’s (ACC) US Chemical Production Regional Index (CPRI) because of Hurricane Harvey,

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Urethane Comments from BASF Investors’ Call

Question:

Andreas Heine

Yes, thank you for taking my question. I would like to first address our net working capital if it has shown a strong improvement in Q3 and you have given some reasons for this.

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BASF Posts Strong Q3

BASF sales and earnings grow considerably in third quarter of 2017

3rd Quarter 2017:

  • Sales of €15.3 billion (up 9%)
  • EBIT before special items of €1.8 billion (up 16%)
  • Earnings per share of €1.45 (up 49%),

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Covestro Beats

Covestro Leaps On Surprise Share Buy Back and Massive Earnings Beat
The German plastics maker gained 6% after posting a 50% Ebitda increase and announcing a share buyback, Read more

PU Leather

Photographs by Vishal Koul

The Leather that Weathers

After battling sluggish revenue growth for the past two years, Read more