Company News
July 14, 2020
ICIS Acquisition
ICIS acquires Chemical Data Dear
We wanted to let you know about an exciting development at ICIS that could unlock new opportunities for you in a rapidly changing and uncertain marketplace. As of today, ICIS has acquired Chemical Data, LLC (CDI), a leading provider of US petrochemical price benchmarks, market analysis, and predictive analytics, powered by a team of industry experts with extensive experience.
For decades, ICIS has delivered comprehensive insight to the chemical and energy industries globally. CDI enhances our US coverage with access to one of the leading sources of US pricing intelligence, market analysis, and forecasting, deepening our market relationships and industry network. Together we will deliver deeper and comprehensive insight across the global chemical and plastics value chain when it is needed the most.
The acquisition enhances ICIS’ ability to deliver global price benchmark data, analytics and thought leadership that is established, trusted and differentiated by providing an even greater focus on US markets. This news demonstrates our joint commitment to supporting the chemical industry to make better informed decisions and brings significant benefits to our industry. Together our combined business will deliver: Access to the industry’s most comprehensive view of the global chemicals industry, which now includes a leading provider of US chemical intelligence delivered by a highly experienced team across both ICIS and CDI. Recognised price benchmarks in the US adding to complementary price benchmarks provided by ICIS in European and Asian markets. Even stronger global content and capabilities through the combination of CDI’s expertise and deep market connections in the US with ICIS’ global reach in dynamic international markets. Comprehensive analytical and consulting capabilities in both the US and global markets to identify future trends and regional dependencies. Deeper understanding of US segments, especially polymers, supported by deep market connections and strong brand recognition to deliver intelligence with trust and credibility. 
At ICIS, our team is committed to ensuring we partner with you to deliver the intelligence you require to make trusted, timely and critical business decisions when you need it the most, both now and in the future. Because only together, we can shape the future of the chemical industry.
To ensure your decisions are based on the best information available, please get in touch: clientsuccess@icis.com 
Dean Curtis President and CEO, ICIS
July 14, 2020
ICIS Acquisition
ICIS acquires Chemical Data Dear
We wanted to let you know about an exciting development at ICIS that could unlock new opportunities for you in a rapidly changing and uncertain marketplace. As of today, ICIS has acquired Chemical Data, LLC (CDI), a leading provider of US petrochemical price benchmarks, market analysis, and predictive analytics, powered by a team of industry experts with extensive experience.
For decades, ICIS has delivered comprehensive insight to the chemical and energy industries globally. CDI enhances our US coverage with access to one of the leading sources of US pricing intelligence, market analysis, and forecasting, deepening our market relationships and industry network. Together we will deliver deeper and comprehensive insight across the global chemical and plastics value chain when it is needed the most.
The acquisition enhances ICIS’ ability to deliver global price benchmark data, analytics and thought leadership that is established, trusted and differentiated by providing an even greater focus on US markets. This news demonstrates our joint commitment to supporting the chemical industry to make better informed decisions and brings significant benefits to our industry. Together our combined business will deliver: Access to the industry’s most comprehensive view of the global chemicals industry, which now includes a leading provider of US chemical intelligence delivered by a highly experienced team across both ICIS and CDI. Recognised price benchmarks in the US adding to complementary price benchmarks provided by ICIS in European and Asian markets. Even stronger global content and capabilities through the combination of CDI’s expertise and deep market connections in the US with ICIS’ global reach in dynamic international markets. Comprehensive analytical and consulting capabilities in both the US and global markets to identify future trends and regional dependencies. Deeper understanding of US segments, especially polymers, supported by deep market connections and strong brand recognition to deliver intelligence with trust and credibility. At ICIS, our team is committed to ensuring we partner with you to deliver the intelligence you require to make trusted, timely and critical business decisions when you need it the most, both now and in the future. Because only together, we can shape the future of the chemical industry.
To ensure your decisions are based on the best information available, please get in touch: clientsuccess@icis.com Dean Curtis President and CEO, ICIS
July 9, 2020
Covestro Preliminary Q2 Results
Covestro AG: Preliminary EBITDA of EUR 124 million in Q2 2020 is above market expectation
In the course of preparing the half-year financial report 2020 for the Covestro Group, preliminary Q2 key financial data deviate from capital market expectations, based on the average values of latest consensus estimates of financial analysts, published by Vara Research on July 8, 2020.
Therefore, Covestro provides already today the following Q2 pre-release of the Group half-year financial report 2020:
• Preliminary sales amount to EUR 2,156 million in Q2’20. Consensus expects this number to be EUR 2,223 million.
• Preliminary volume effect in sales amounts to -22% in Q2’20. Consensus expects this number to be -22.5%.
• Preliminary EBITDA amounts to EUR 124 million in Q2’20. Consensus expects this number to be EUR 80 million.
• Preliminary net income amounts to around EUR -60 million in Q2’20. Consensus expects this number to be EUR -107 million.
The entire half-year financial report 2020 will be published on July 23, 2020.
July 9, 2020
Covestro Preliminary Q2 Results
Covestro AG: Preliminary EBITDA of EUR 124 million in Q2 2020 is above market expectation
In the course of preparing the half-year financial report 2020 for the Covestro Group, preliminary Q2 key financial data deviate from capital market expectations, based on the average values of latest consensus estimates of financial analysts, published by Vara Research on July 8, 2020.
Therefore, Covestro provides already today the following Q2 pre-release of the Group half-year financial report 2020:
• Preliminary sales amount to EUR 2,156 million in Q2’20. Consensus expects this number to be EUR 2,223 million.
• Preliminary volume effect in sales amounts to -22% in Q2’20. Consensus expects this number to be -22.5%.
• Preliminary EBITDA amounts to EUR 124 million in Q2’20. Consensus expects this number to be EUR 80 million.
• Preliminary net income amounts to around EUR -60 million in Q2’20. Consensus expects this number to be EUR -107 million.
The entire half-year financial report 2020 will be published on July 23, 2020.
July 9, 2020
Recticel Recovery
Press Release of Recticel – 09 July 2020 Update on COVID-19 impact – Business recovering after April low point
Olivier Chapelle (Chief Executive Officer): “After the low activity point of April, our sales progressively rebounded in May and further accelerated in June, which combined with the current strength of our orderbooks, gives me confidence that we are now emerging from this extraordinary crisis. In the second half of 2020, the topline of our retained businesses is expected to be back at the level of the second half of 2019, provided that no second wave of coronavirus cases occurs.”
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