July 16, 2020

Dow Chemical Announces TDI Increase

July 16, 2020

TDI PRICE INCREASE

Effective August 1, 2020, or as contracts allow, The Dow Chemical Company, on behalf of itself and its applicable consolidated subsidiaries (“Dow”), will increase off-list prices by the amounts listed below on all grades and package types of the following TDI product in North America:

VORANATE US $0.03 / lb

Thank you for your continued business with Dow. Please contact your Account Manager if you have any questions related to this communication.

July 16, 2020

Serta Simmons’ Antiviral Mattress

Serta Simmons Bedding Developing U.S.′ First Antiviral Mattress

today

ATLANTA, July 16, 2020 /PRNewswire/ — Serta Simmons Bedding (SSB) announced today that it is partnering with Switzerland-based HeiQ Group, a leader in textile innovation, to create the U.S. market’s first antiviral mattress.

The agreement gives SSB exclusive access within the U.S. bedding category to HeiQ Viroblock™ technology, which has previously been approved by the European Medical Device Directive for antiviral use in medical personal protective equipment such as N95 equivalent masks, and registered as an antiviral active by the German EPA. HeiQ Viroblock™ was recently independently tested as 99.99% effective in 30 minutes against SARS-CoV-2 by a leading Australian infection and immunity research institute. SSB plans to pursue any necessary approvals for its line of Serta and Beautyrest HeiQ Viroblock mattresses with the U.S. Food & Drug Administration and Environmental Protection Agency.

If approved, SSB plans to utilize HeiQ Viroblock across much of its industry-leading portfolio of brands, which includes Serta, Beautyrest and Tuft & Needle.

“We know that our partners in the hospitality and healthcare industries are doing everything they can to help provide the cleanest environment and reassure their guests,” said David Swift, chairman and CEO of Serta Simmons Bedding. “Antiviral and antibacterial mattresses will be an enormous asset in that effort.”

SSB, the largest provider of mattresses to the hospitality industry, has already received early interest to acquire HeiQ Viroblock-treated mattresses from several of the world’s largest hotel brands to bolster cleanliness and safety initiatives. Elie Khoury, EVP operations resources at Aimbridge Hospitality, the global leader in hotel management services said, “As the largest third-party manager we are proactively searching for the best opportunities to add value for our owners and enhance the experience for our guests. We are currently testing the new antiviral bedding and accessories from Serta Simmons and eager to understand the impact in helping our properties deliver the highest level of safety and cleanliness for guests.”

Here’s why HeiQ Viroblock represents such a breakthrough for the mattress industry: Virus particles and bacteria are invisible to the human eye (SARS-CoV-2 is only 90 nanometers large) and they easily pass through sheets. They can persist and stay infectious for days on textiles, such as traditional mattresses. HeiQ’s Viroblock technology solves that problem by using microsilver technology that attracts virus particles, combined with vesicle technology that breaks down the viral membrane within seconds. Tests conducted at the Peter Doherty Institute for Infection and Immunity showed that COVID-19-causing virus samples concentrated on fabric treated with HeiQ Viroblock were 99.99% reduced.

In accelerated aging tests, textiles infused with HeiQ Viroblock demonstrated the ability to retain their antiviral qualities for three years, and antibacterial qualities for 20 years.

Serta Simmons Bedding has been active in the fight against COVID-19 in other ways as well. In March, it announced it was donating 10,000 mattresses to hospitals in areas hard hit by the pandemic. A few weeks later it launched a platform in conjunction with Relief Bed International to facilitate further donations.

About Serta Simmons Bedding LLC
Serta Simmons Bedding, LLC is one of the largest manufacturers, marketers and suppliers of mattresses in North America. Based in Atlanta, SSB owns and manages two of the best-selling bedding brands in the mattress industry: Serta®, which has five other independent licensees, and Beautyrest®. The brands are distributed through national, hospitality, and regional and independent retail channels throughout North America. SSB also owns Simmons® and Tuft & Needle® direct-to-consumer mattress brands. SSB operates 27 plants in the U.S. and Canada. For more information about SSB and its brands, visit www.sertasimmons.com.

About HeiQ
Founded in 2005 as a spin-off from the Swiss Federal Institute of Technology Zurich (ETH), HeiQ is a leader in textile innovation creating some of the most effective, durable and high-performance textile technologies on the market today. HeiQ’s purpose is to improve the lives of billions of people by perfecting an everyday product: Textiles. Combining three areas of expertise – scientific research, specialty materials manufacturing and consumer ingredient branding – HeiQ is the ideal innovation partner to create differentiating and sustainable textile products and capture the added value at the point of sale. With a total capacity of 35,000 tons per year HeiQ manufactures in the USA, Switzerland and Australia serving its chemical specialties in over 60 countries worldwide. www.heiq.com

HeiQ & HeiQ Viroblock are trademark(s) or registered trademark(s) of HeiQ Materials AG.

View original content to download multimedia: http://www.prnewswire.com/news-releases/serta-simmons-bedding-developing-us-first-antiviral-mattress-301094461.html

SOURCE Serta Simmons Bedding, LLC

https://apnews.com/PR%20Newswire/7429fe85bf53e1fa936b550ad42e113c

July 16, 2020

Serta Simmons’ Antiviral Mattress

Serta Simmons Bedding Developing U.S.′ First Antiviral Mattress

today

ATLANTA, July 16, 2020 /PRNewswire/ — Serta Simmons Bedding (SSB) announced today that it is partnering with Switzerland-based HeiQ Group, a leader in textile innovation, to create the U.S. market’s first antiviral mattress.

The agreement gives SSB exclusive access within the U.S. bedding category to HeiQ Viroblock™ technology, which has previously been approved by the European Medical Device Directive for antiviral use in medical personal protective equipment such as N95 equivalent masks, and registered as an antiviral active by the German EPA. HeiQ Viroblock™ was recently independently tested as 99.99% effective in 30 minutes against SARS-CoV-2 by a leading Australian infection and immunity research institute. SSB plans to pursue any necessary approvals for its line of Serta and Beautyrest HeiQ Viroblock mattresses with the U.S. Food & Drug Administration and Environmental Protection Agency.

If approved, SSB plans to utilize HeiQ Viroblock across much of its industry-leading portfolio of brands, which includes Serta, Beautyrest and Tuft & Needle.

“We know that our partners in the hospitality and healthcare industries are doing everything they can to help provide the cleanest environment and reassure their guests,” said David Swift, chairman and CEO of Serta Simmons Bedding. “Antiviral and antibacterial mattresses will be an enormous asset in that effort.”

SSB, the largest provider of mattresses to the hospitality industry, has already received early interest to acquire HeiQ Viroblock-treated mattresses from several of the world’s largest hotel brands to bolster cleanliness and safety initiatives. Elie Khoury, EVP operations resources at Aimbridge Hospitality, the global leader in hotel management services said, “As the largest third-party manager we are proactively searching for the best opportunities to add value for our owners and enhance the experience for our guests. We are currently testing the new antiviral bedding and accessories from Serta Simmons and eager to understand the impact in helping our properties deliver the highest level of safety and cleanliness for guests.”

Here’s why HeiQ Viroblock represents such a breakthrough for the mattress industry: Virus particles and bacteria are invisible to the human eye (SARS-CoV-2 is only 90 nanometers large) and they easily pass through sheets. They can persist and stay infectious for days on textiles, such as traditional mattresses. HeiQ’s Viroblock technology solves that problem by using microsilver technology that attracts virus particles, combined with vesicle technology that breaks down the viral membrane within seconds. Tests conducted at the Peter Doherty Institute for Infection and Immunity showed that COVID-19-causing virus samples concentrated on fabric treated with HeiQ Viroblock were 99.99% reduced.

In accelerated aging tests, textiles infused with HeiQ Viroblock demonstrated the ability to retain their antiviral qualities for three years, and antibacterial qualities for 20 years.

Serta Simmons Bedding has been active in the fight against COVID-19 in other ways as well. In March, it announced it was donating 10,000 mattresses to hospitals in areas hard hit by the pandemic. A few weeks later it launched a platform in conjunction with Relief Bed International to facilitate further donations.

About Serta Simmons Bedding LLC
Serta Simmons Bedding, LLC is one of the largest manufacturers, marketers and suppliers of mattresses in North America. Based in Atlanta, SSB owns and manages two of the best-selling bedding brands in the mattress industry: Serta®, which has five other independent licensees, and Beautyrest®. The brands are distributed through national, hospitality, and regional and independent retail channels throughout North America. SSB also owns Simmons® and Tuft & Needle® direct-to-consumer mattress brands. SSB operates 27 plants in the U.S. and Canada. For more information about SSB and its brands, visit www.sertasimmons.com.

About HeiQ
Founded in 2005 as a spin-off from the Swiss Federal Institute of Technology Zurich (ETH), HeiQ is a leader in textile innovation creating some of the most effective, durable and high-performance textile technologies on the market today. HeiQ’s purpose is to improve the lives of billions of people by perfecting an everyday product: Textiles. Combining three areas of expertise – scientific research, specialty materials manufacturing and consumer ingredient branding – HeiQ is the ideal innovation partner to create differentiating and sustainable textile products and capture the added value at the point of sale. With a total capacity of 35,000 tons per year HeiQ manufactures in the USA, Switzerland and Australia serving its chemical specialties in over 60 countries worldwide. www.heiq.com

HeiQ & HeiQ Viroblock are trademark(s) or registered trademark(s) of HeiQ Materials AG.

View original content to download multimedia: http://www.prnewswire.com/news-releases/serta-simmons-bedding-developing-us-first-antiviral-mattress-301094461.html

SOURCE Serta Simmons Bedding, LLC

https://apnews.com/PR%20Newswire/7429fe85bf53e1fa936b550ad42e113c

July 15, 2020

Olin Names Sutton CEO

Olin Announces New Leadership Appointments

Wed July 15, 2020 8:00 AM|PR Newswire|About: OLN PR Newswire

CLAYTON, Mo., July 15, 2020 /PRNewswire/ — Olin Corporation (OLN) announced today that after an extensive search which commenced last year, its Board of Directors has selected Scott M. Sutton to succeed John E. Fischer as President and Chief Executive Officer, reporting to Olin’s Board.  Mr. Fischer will become Executive Chairman.  These appointments are effective September 1, 2020.  Mr. Sutton currently serves on the Olin Board and is expected to be appointed Chairman of the Board immediately following Olin’s 2021 Annual Meeting of Shareholders, at which time Mr. Fischer is expected to retire in accordance with the Corporation’s mandatory retirement policy for senior executives.

Mr. Sutton, who joined Olin’s Board on September 19, 2018, is an accomplished and experienced global executive with more than 30 years of experience in the chemicals industry.  He currently serves as President and Chief Executive Officer of Prince International Corporation, a privately-held global producer of specialty minerals materials.  Before joining Prince, Mr. Sutton served in various positions of increasing responsibility at Celanese Corporation, including as its Chief Operating Officer from 2017 until 2019.  Prior to Celanese, Mr. Sutton held senior positions with Albemarle Corporation and Chemtura Corporation (CHMT).  Mr. Sutton earned a B.S. degree in engineering from Louisiana State University.

“Scott Sutton has a demonstrated track record in the chemicals industry for extracting value through innovative commercial strategies and operational efficiencies,” according to Mr. Fischer.  “Scott knows our business and our customers and, having served as an Olin director for almost two years, he will hit the ground running.  I look forward to working with Scott to ensure a smooth transition and to further enhance the foundation upon which Olin’s future will be built.”

William H. Weideman, Olin’s Lead Director, stated, “We are very pleased that Scott has agreed to become Olin’s next Chief Executive Officer and to lead Olin as it moves forward.  We are also very grateful to John for his successful efforts, first as Olin’s Chief Financial Officer and since 2016 as our Chief Executive Officer, in building Olin’s world-class platform consisting of Chlor Alkali Products and Vinyls, Epoxy and Winchester.  We appreciate John’s continued support and guidance as Executive Chairman.”

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 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.

2020-11

https://seekingalpha.com/pr/17932587-olin-announces-new-leadership-appointments

July 15, 2020

Olin Names Sutton CEO

Olin Announces New Leadership Appointments

Wed July 15, 2020 8:00 AM|PR Newswire|About: OLN PR Newswire

CLAYTON, Mo., July 15, 2020 /PRNewswire/ — Olin Corporation (OLN) announced today that after an extensive search which commenced last year, its Board of Directors has selected Scott M. Sutton to succeed John E. Fischer as President and Chief Executive Officer, reporting to Olin’s Board.  Mr. Fischer will become Executive Chairman.  These appointments are effective September 1, 2020.  Mr. Sutton currently serves on the Olin Board and is expected to be appointed Chairman of the Board immediately following Olin’s 2021 Annual Meeting of Shareholders, at which time Mr. Fischer is expected to retire in accordance with the Corporation’s mandatory retirement policy for senior executives.

Mr. Sutton, who joined Olin’s Board on September 19, 2018, is an accomplished and experienced global executive with more than 30 years of experience in the chemicals industry.  He currently serves as President and Chief Executive Officer of Prince International Corporation, a privately-held global producer of specialty minerals materials.  Before joining Prince, Mr. Sutton served in various positions of increasing responsibility at Celanese Corporation, including as its Chief Operating Officer from 2017 until 2019.  Prior to Celanese, Mr. Sutton held senior positions with Albemarle Corporation and Chemtura Corporation (CHMT).  Mr. Sutton earned a B.S. degree in engineering from Louisiana State University.

“Scott Sutton has a demonstrated track record in the chemicals industry for extracting value through innovative commercial strategies and operational efficiencies,” according to Mr. Fischer.  “Scott knows our business and our customers and, having served as an Olin director for almost two years, he will hit the ground running.  I look forward to working with Scott to ensure a smooth transition and to further enhance the foundation upon which Olin’s future will be built.”

William H. Weideman, Olin’s Lead Director, stated, “We are very pleased that Scott has agreed to become Olin’s next Chief Executive Officer and to lead Olin as it moves forward.  We are also very grateful to John for his successful efforts, first as Olin’s Chief Financial Officer and since 2016 as our Chief Executive Officer, in building Olin’s world-class platform consisting of Chlor Alkali Products and Vinyls, Epoxy and Winchester.  We appreciate John’s continued support and guidance as Executive Chairman.”

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 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.

2020-11

https://seekingalpha.com/pr/17932587-olin-announces-new-leadership-appointments