Company News
January 29, 2019
Karoon Petchem
TEHRAN, Jan. 29 (MNA) – Iran’s Karoon Petrochemical Plant supplies 100 percent of the Middle East’s toluene diisocyanate (TDI), the plant’s CEO says.
According to Alireza Sadeghizadeh who was speaking to reporters on Monday, January 28, Karoon Petrochemical Plant is the first production of isocyanates and supplied all the TDI consumed in the region.
He said 50 percent of the plant’s output was exported, adding his company also enjoyed a 30% share in methylene diphenyl diisocyanate (MDI) production of the country.
“We have plans to gain the total share of the item’s production in the country by 2021,” he said.
MNA/SHANA
http://en.mehrnews.com/news/141992/Karoon-Petchem-Plant-sole-supplier-of-TDI-in-ME
January 29, 2019
Karoon Petchem
TEHRAN, Jan. 29 (MNA) – Iran’s Karoon Petrochemical Plant supplies 100 percent of the Middle East’s toluene diisocyanate (TDI), the plant’s CEO says.
According to Alireza Sadeghizadeh who was speaking to reporters on Monday, January 28, Karoon Petrochemical Plant is the first production of isocyanates and supplied all the TDI consumed in the region.
He said 50 percent of the plant’s output was exported, adding his company also enjoyed a 30% share in methylene diphenyl diisocyanate (MDI) production of the country.
“We have plans to gain the total share of the item’s production in the country by 2021,” he said.
MNA/SHANA
http://en.mehrnews.com/news/141992/Karoon-Petchem-Plant-sole-supplier-of-TDI-in-ME
January 22, 2019
Stobitan® Sports Surfaces Logo Introduced by Stockmeier
Stobitan ® Sports Surfaces was selected among the top 10 for the 2019 HOW Logo
Design Award competition
Clarksburg, WV – January 2019 – STOCKMEIER Urethanes USA, Inc. is pleased to
receive word that our logo design for Stobitan ® Sports Surfaces was selected among the
top 10 for the 2019 HOW Logo Design Award competition.
STOCKMEIER Urethanes partnered with a local firm out of Morgantown, WV on this
project. Stewart Design was founded in 2006 as a graphic design and print firm
specializing in logo design, branding and high-quality print materials.
Stobitan ® running tracks and artificial turfs have been installed worldwide since 1991,
and are available in a variety of systems. Stobitan ® running track and artificial turf
systems offer secure running grip, optimum fall protection and elasticity that promotes
high performance. All of the systems offered within the Stobitan ® line are a combination
of our highly trusted Stobielast ® S product line.
The concept of the logo is a combination of a letter mark and pictorial mark. The
negative space resembles track lanes and lines on an athletic field. Additionally, the
grid is to mimic the bottom of a shoe. The repeated shapes communicate reliability and
trust. The geometric construction conveys both organization and efficiency.
Melissa Martinkat, Chief of Staff stated,
“When we set out to create a logo for our running track line it was our goal to have
something that was simple and effective that represented what the Stobitan ® brand was
and who we are as a company. We felt that Stewart Design was the best partner to
achieve that. We are honored that it is in the running for the 2019 HOW Logo Design
Award.”
To cast a vote, one can use the following link: https://www.howdesign.com/conference-
news/graphic-design-events-exhibits/10th-annual-how-logo-awards-readers-choice/
January 22, 2019
Stobitan® Sports Surfaces Logo Introduced by Stockmeier
Stobitan ® Sports Surfaces was selected among the top 10 for the 2019 HOW Logo
Design Award competition
Clarksburg, WV – January 2019 – STOCKMEIER Urethanes USA, Inc. is pleased to
receive word that our logo design for Stobitan ® Sports Surfaces was selected among the
top 10 for the 2019 HOW Logo Design Award competition.
STOCKMEIER Urethanes partnered with a local firm out of Morgantown, WV on this
project. Stewart Design was founded in 2006 as a graphic design and print firm
specializing in logo design, branding and high-quality print materials.
Stobitan ® running tracks and artificial turfs have been installed worldwide since 1991,
and are available in a variety of systems. Stobitan ® running track and artificial turf
systems offer secure running grip, optimum fall protection and elasticity that promotes
high performance. All of the systems offered within the Stobitan ® line are a combination
of our highly trusted Stobielast ® S product line.
The concept of the logo is a combination of a letter mark and pictorial mark. The
negative space resembles track lanes and lines on an athletic field. Additionally, the
grid is to mimic the bottom of a shoe. The repeated shapes communicate reliability and
trust. The geometric construction conveys both organization and efficiency.
Melissa Martinkat, Chief of Staff stated,
“When we set out to create a logo for our running track line it was our goal to have
something that was simple and effective that represented what the Stobitan ® brand was
and who we are as a company. We felt that Stewart Design was the best partner to
achieve that. We are honored that it is in the running for the 2019 HOW Logo Design
Award.”
To cast a vote, one can use the following link: https://www.howdesign.com/conference-
news/graphic-design-events-exhibits/10th-annual-how-logo-awards-readers-choice/
January 21, 2019
Elite Expansion in Verona
Foam maker investing $1.9M, adding 65 jobs for mattress production
VERONA • Specialty foam manufacturer Elite Comfort Solutions is increasing production, investing $1.9 million and adding 65 jobs over the next year.
Elite Comfort Solutions which now employs 52 workers expects to begin production of new mattresses this spring.
Elite will make mattresses that will be competitive in the “bed-in-a-box” market. The mattresses will be compressed and shipped from the company directly to its customers.
“Elite Comfort Solutions’ expansion in Verona continues into 2019 the economic growth Lee County and Northeast Mississippi have experienced in recent years,” said Gov. Phil Bryant. “I appreciate the Elite Comfort Solutions team for bringing dozens of new jobs to our state and look forward to the company’s continued success.”
Elite, based in Newnan, Georgia, is a provider of foam technology for the bedding, furniture, automotive, medical and packaging industries.
“The Verona facility for Elite Comfort Solutions has an excellent track record in quality and safety. Because of this and the workforce of Northeast Mississippi, Elite Comfort Solutions is proud to expand operations for the facility,” said Elite Comfort Solutions Plant Manager Craig Cook. “The increased capacity will allow Elite Comfort Solutions to meet increased customer demand for its products.”
The Mississippi Development Authority is providing a $63,000 grant for building improvements and $30,000 in MS Works funds for workforce training. Lee County is providing property tax exemptions for the project.
In 2016, Arsenal Capital Partners, a New York-based private equity firm, acquired Elite Foam, Hickory Springs Manufacturing Foam (or HSM Foam) and Pacific Urethanes. Arsenal combined the companies under the Elite Comfort Solutions brand.
Last year, Leggett & Platt announced that was buying Elite Comfort Solutions for $1.25 billion in cash. The deal is expected to be completed this month.
ECS, with 16 facilities across the U.S., reported annual sales for the fiscal year ended Sept. 30, 2018 of $611 million.
http://www.djournal.com/news/business/foam-maker-investing-m-adding-jobs-for-mattress-production/article_11dd80ab-1a4f-5f67-9002-49a08fd0f446.html
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