THE URETHANE BLOG

Everchem Update: Vol. 02

Everchem Update: Vol. 02

Multi-national companies have always had the option to move their primary production hubs as markets and costs shift, but what about small and medium enterprises?

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Holcim Makes Another Acquisition

Holcim closes Polymers Sealants North America acquisition

  • Leading provider of coating, adhesive and sealant solutions with 2022 net sales of USD 100 million
  • Expanded waterproofing and coating solutions deliver significant roofing synergies
  • Accelerates Holcim’s growth in Solutions &
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Dr. Reinhart Schiffauer

In April of 2022 Dr. Reinhart Schiffauer passed away at his home in Crosslanes, WV, after a life
time of doing whatever he wanted to do whenever he wanted to do it.

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One View of the L&P Acquisition of Elite

One View of the L&P Acquisition of Elite

The performance of LEG post-ECS has deteriorated compared to that pre-ECS.

Despite spending an equivalent of about 1/3 of the 2021 Total Assets on acquisitions, its revenue growth rate was not double digits. With 4.3% CAGR revenue growth from 2015 to 2022, I would consider LEG a mature company in a mature sector.

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BASF Yeosu Site Celebration

BASF Yeosu Site Celebration

BASF Korea held a ceremony on September 29th to commemorate 30 years of operations of its Yeosu site. The event looked back at the various milestones of the Yeosu site over the last 30 years and shared the vision for a sustainable future. The event was attended by Dr. Ramkumar Dhruva, President of BASF’s Monomers Division along with executives of major customers and suppliers.

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European Inflation

European Inflation

Red-Hot European Inflation Hits A New Record, Rising By Double Digits For The First Time. In the flash inflation release for September, Euro area headline HICP inflation rose 82bp to a record 10.0% (technically 9.96%), well above the median forecast of 9.7% and marks the fifth straight month the result has exceeded consensus.

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Hurricane Ian Update

Hurricane Ian Update

Hurricane Ian strengthened to a Category 3 storm early Tuesday morning, making it the second major hurricane of the Atlantic hurricane season. Ian hit the western half of Cuba overnight Monday with winds just over 100 mph and extremely heavy rainfall.

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