The Urethane Blog

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Puerto Rico Loses Suit

Puerto Rico Loses $50 Million Polyurethane Foam Price-Fix Suit

Feb. 28, 2020, 10:25 AM

  • Last alleged act occurred 10 years ago
  • Product used as insulation and cushioning

Puerto Rico’s $50 million price fixing suit against polyurethane foam manufacturers was dismissed after the federal court in Puerto Rico found no current or threatened harm.

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BASF 2019 Results

BASF reporting on the 2019 business year:

BASF Group: EBIT before special items declines despite better development in all downstream segments

  • Sales of €59.3 billion (minus 2 percent)
  • EBIT before special items of €4.5 billion (minus 28 percent),

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Recticel 2019 Results

Annual results 2019

 

  • Combined sales decreased by 7.2% on a comparable restated basis
  • Combined Adjusted EBITDA: EUR 114.7 million,

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Asian Propylene Climbs

Propylene prices climb in Asia on Tuesday

Petrochemical industry | 26 Feb 2020 09:30 IST | Polymerupdate.com

 

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TPC Update

TPC Group says to rebuild Texas plants destroyed in November 2019 blast
Highlights

Rebuild will take ‘a number of years’: company

Site can be a terminal in meantime;

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FXI and Innocor to Divest Three Plants

FTC Requires Polyurethane Foam Producers FXI Holdings, Inc. and Innocor, Inc. To Divest Assets in Three Regional Markets

Agency alleges merger would reduce competition among producers of foam used in home furnishings

For Release

February 21,

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