The Urethane Blog

October 5, 2026

VPC Group Acquires Domfoam

VPC Group Acquires Domfoam’s Business and Operating Assets

TORONTO, Ontario – VPC Group, a leading Canadian manufacturer of polyurethane foam products announced the acquisition of the business and operating assets of Domfoam, a Montréal-based polyurethane foam manufacturer.

The acquisition strengthens VPC’s Canadian foam business and adds production capacity to support the needs of furniture and bedding manufacturers. It brings together complementary businesses with a shared focus on serving customers.

“Domfoam is a strong fit for VPC,” said Peter Farah, CEO of VPC Group. “We are pleased to build on Domfoam’s experience and customer relationships. This investment gives us greater capacity to support our customers, and our focus is clear: quality products, reliable service and helping them grow.”

VPC’s priority through the transition is to work closely with Domfoam’s customers to understand their needs and support their businesses.

The acquisition represents a further investment in Canadian manufacturing and VPC’s long-term growth.

www.vpcgroup.com

September 30, 2026

Wanhua MDI Turnaround Completed

Wanhua Chemical’s 1.1 million-tonne MDI plant in Yantai resumes production

2026-09-30 08:50:37Source:ChemNet中文

Wanhua Chemical (600309.SH) disclosed an announcement (Announcement No.: Lin 2026 No. 58) on the evening of September 30, stating that the 1.1 million tons/year MDI plant and its supporting facilities in the company’s Yantai Industrial Park have completed the annual shutdown maintenance and resumed normal production and operation.

According to the company’s previously released Announcement Lin 2026-49 on August 5, this core MDI production facility started its annual routine shutdown maintenance on August 10, with the originally planned maintenance period of about 45 days. The actual maintenance took nearly 50 days to complete all maintenance tasks, and the plant successfully restarted production.

The announcement shows that this maintenance is an annual planned maintenance for chemical enterprises, aiming to ensure the long-term safe and stable operation of the plant. The company’s board of directors and all directors shall bear corresponding legal responsibilities for the truthfulness, accuracy and completeness of the announcement content.

The 1.1 million tons/year MDI plant in Yantai Industrial Park is the core domestic production capacity of Wanhua Chemical. After the plant resumes production, the domestic MDI market supply will return to normal levels. During the previous maintenance period, the market had already traded the expectation of supply contraction in advance. With the official resumption of production of this plant, the incremental supply will gradually flow into the market.

https://news.chemnet.com/news-10389.html

South Korea’s OCI announced its withdrawal from the TDI business, and will cease production and sales from December 18.

2026-09-29 15:07:48Source: Toocle Headlines

On September 29, 2026, South Korea’s OCI announced that its board of directors had approved the termination of the toluene diisocyanate (TDI) manufacturing and sales business, and plans to officially cease relevant production and sales from December 18, 2026. OCI’s current TDI production capacity is approximately 50,000 tons per year.

According to the announcement, OCI’s TDI business achieved sales of approximately 117.947 billion Korean won in 2025, accounting for 5.87% of the company’s consolidated sales. The company stated that the exit from TDI is mainly to “sort out marginal businesses and improve profitability”, and it will enhance corporate and shareholder value by optimizing the business portfolio, rather than packaging and selling the plant.

OCI also reminded that the specific suspension date may be adjusted according to the progress of the exit. With its withdrawal from the TDI sector, the execution of existing orders, inventory digestion and the supply pattern of TDI in the Asia-Pacific region and globally deserve continuous attention.

https://news.toocle.com/news-1000539.html

September 28, 2026

Mattress Recall

Nearly 50,000 mattresses sold on Amazon recalled for failing flammability standards

September 27, 2026

Alex Milstein

Alex Milstein is the editor-in-chief and founding editor of Bedding…

The Consumer Product Safety Commission issued three recall alerts last Thursday for mattresses sold on Amazon because they do not meet mandatory flammability standards, increasing fire risk.

The CPSC recalled 48,405 Kesyup-branded mattresses because of their flammability risk. The recalled mattresses are 12 inches thick and were sold in various sizes, including twin, full, queen and king.  The mattresses pose a risk of serious injury or death from a fire, according to the recall, which states that no injuries have been reported. 

The CPSC also published a recall for 792 WinxMatrs mattresses for violating mandatory flammability standards. The recalled mattresses were sold in black on Amazon.com from August 2025 through November 2025 for about $120. They came in a twin size and were 10 inches thick. No injuries were reported in relation to that recall either. 

Another 263 mattresses, under the brand Emerspring, were also recalled, for similar reasons. 

Research from Leggett & Platt shows that many low-cost imported mattresses sold online fail federal flammability standards. It also says some even attain dangerous heat release rates in violation of U.S. law in as little as two to four minutes after exposure to an ignition source, according to test results submitted to the U.S. Consumer Product Safety Commission in July 2024.

The lab tested eight imported mattress models (24 mattresses in total). These models had an average retail listing price of $233 — about half the wholesale price of an average mattress sold by U.S. manufacturers.

September 28, 2026

Evonik Rejects BASF Bid

Evonik rejects €10.3B bid from BASF – FT

Sep 28, 2026, 10:11 AM ETEvonik Industries AG (EVKIY) Stock, EVKIF Stock, BASFY Stock, BFFAF StockBy: Joshua Fineman, SA News Editor

FILE PHOTO: The logo of German specialty chemical company Evonik Industries AG is pictured at their plant in Bitterfeld, Germany, February 29, 2016. REUTERS/Fabrizio Bensch/File Photo

Evonik (EVKIY) (EVKIF) turned down a €10.3 billion from larger German rival BASF (BASFY) (BFFAF).

BASF (BASFY) rejected an offer of about €22.15 per share as an initial approach, according to a Financial Times report on Monday, which cited people familiar with the matter. Evonik (EVKIY) said the offer was too low to allow for formal talks or to allow BASF to conduct due diligence.

Evonik and RAG-Stiftung declined to comment to the FT.

Evonik rose 7.2% in German trading on Friday after the FT reported that BASF had approached its rival about a takeover. BASF (BASFY) recently made a proposal to Evonik (EKVIY) and its largest holders, the RAG-Stiftung foundation.

Evonik (EVKIF) confirmed in a statement on Friday that it received a non-binding approach from BASF (BASFY) on a takeover offer for all of Evonik’s shares. No talks are currently taking place. BASF said in a separate statement that it has had exploratory talks with RAG-Stiftung and Evonik about a potential takeover. The “course and outcome” of the talks “remain open” at this stage.

The FT reports come after Dealreporter last Monday first reported that BASF (BASFY) explored a potential deal with Evonik (EVKIF) this year.

https://seekingalpha.com/news/4647615-evonik-rejects-103b-bid-from-basf—ft?position=rta_news_sublogic2_main_2_textlink&messageid=2900&mailingid=47680044&serial=47680044.815&source=email_2900