The Urethane Blog
Everchem Updates
VOLUME XXI
September 14, 2023
Everchem’s exclusive Closers Only Club is reserved for only the highest caliber brass-baller salesmen in the chemical industry. Watch the hype video and be introduced to the top of the league: — read more
April 1, 2024
Chemical Grade propylene settles up 3c/lb to $0.565/lb . . .
March 26, 2024
Durable Goods Orders Rebound In Feb From January Collapse, Defense Spending Slides
by Tyler Durden
Tuesday, Mar 26, 2024 – 08:38 AM
After crashing in January (driven by the collapse in Boeing orders), durable goods orders (preliminary) for February rose 1.4% MoM (better than the +1.0% MoM exp), and notably swinging from a downwardly revised 6.9% MoM plunge in January (from -6.2%)…
Source: Bloomberg
That dragged the headline orders up 4.6% YoY. Ex-Transports also beat, rising 0.5% MoM (vs +0.4% exp) and up 1.3% YoY.
Non-defense aircraft orders jumped 24.6% MoM as it seems people are ordering Boeings again? Defense spending tumbled 12.7% MoM…
Source: Bloomberg
Computer & related products saw another big MoM rise as perhaps this is the AI cycle showing up in the data…
Source: Bloomberg
On the bright side, core capital goods shipments, a figure that is used to help calculate equipment investment in the government’s gross domestic product report, continued its strong bounce back from YoY contraction in December. However, on a seasonally-adjusted basis, core capital goods shipments fell 0.4% MoM
Source: Bloomberg
The YoY rebound is not exactly a signal that portends rate cuts!
EVERPOL MEG-380 is an Alpha Methyl Glucoside-initiated polyether polyol polymerized with propylene oxide. The resulting material has a functionality of four and a typical hydroxl of 380. Due to the higher percentage of carbohydrate moieties when compared with sucrose carbohydrates on a similar weight basis, MEG-380 provides enhanced foam charring with improved compression sets. Main applications include low to high density rigid pour-in-place systems, however, EVERPOL MEG-380 may also be included as a component in flexible polyurethane foam formulations to build bio-content.
OVER 25% BIO-BASED | CHAR ENHANCER | 4-FUNCTIONALITY
Everchem has developed a new polyether polyol in conjunction with one of our long-term production partners that will provide unique advantages to your polyurethane formulation challenges.
EVERPOL MEG-380 Benefits:
- – Over 25% Bio Content as Alpha Methyl Glucoside (AMG) carbohydrate to meet the Certi-PUR Bio-Certification program.
- – AMG does not decompose like sugar carbohydrates during the polyol manufacturing process.
- – Improved compression sets with 4-functional structure.
- – Lower viscosity when compared with sugar polyols at similar carbohydrate loading.
- – Char enhancer with a higher percentage of carbohydrate moieties compared with sucrose carbohydrates on a similar weight basis.
EVERPOL MEG-380 Market Applications:
- – Low Density Rigid Systems with high water content – SPF, FIP packaging
- – High Density Rigid Systems with low level Aux Blowing Agents.
- – High Density Flexible Foam grades AND High Density Visco-Foam grades with high Bio-Content demands.
| TYPICAL PROPERTIES | VALUE |
| Hydroxyl Value | 380 mg KOH/g |
| Water Content | < 0.05 % |
| pH | 6.0 |
| Acid Value | < 5.0 mg KOH/g |
| Viscosity (cP) | ~ 6000 cps @ 25 C |
PROBLEM SOLVER MATERIAL
Get a quote or a sample of our new specialty additive MEG-380
March 19, 2024
Housing Starts And Permits Surged In February (Despite Plunging Rate-Cut Odds)
by Tyler Durden
Tuesday, Mar 19, 2024 – 08:44 AM
Housing Starts and Permits rebounded firmly in February from an ugly January.
Starts soared 10.7% MoM (+8.2% exp) recovering some of the 12.3% MoM decline in January and Permits jumped 1.9% (+0.5% exp) from the upwardly revised -0.3% MoM decline in January…
Source: Bloomberg
That was the biggest monthly jump in Starts since May and biggest permits rise since August.
With weather being blamed for January’s decline, February seems like a return to post-COVID lower norms…
Source: Bloomberg
Under the hood, rental unit housing permits outpaced single-family units
- Single-Family: up 1.0% to 1.031MM from 1.021MM
- Rentals: up 2.4% to 429K from a four year low of 419K
On the Housing Starts side, single-family units rose more (but both saw signifiant rises):
- Single-Family: up 11.6% to 1.129MM, highest since April 2022, from 1.012MM
- Rentals: up 8.6% to 377K from 347K
All good news for the meager supply out there. The question is – with rate-cut odds plummeting, has homebuilder confidence, which recently spiked back above 50, got too far over their skis on expectations of The Fed saving the day.
If they build it, will home buyers come?
March 18, 2024
PURPLE INNOVATION AND TEMPUR SEALY INTERNATIONAL REACH AGREEMENT
News provided by Purple Innovation, Inc.
12 Mar, 2024, 16:03 ET
Framework for Mattress Firm Partnership and Confirmation of Purple’s Patents
LEHI, Utah, March 12, 2024 /PRNewswire/ — Purple Innovation, Inc. (NASDAQ: PRPL) (“Purple” or the “Company”), a comfort innovation company known for creating the “World’s First No Pressure® Mattress,” today announced that it has entered into a settlement agreement with Tempur Sealy International, Inc. (“Tempur Sealy”). The parties have agreed to a post-acquisition framework for Purple’s partnership with Mattress Firm Inc. (“Mattress Firm”), the nation’s largest mattress specialty retailer, subject to FTC approval of TSI’s acquisition of Mattress Firm, and amicably resolved their various intellectual property disputes. Purple is pleased to reaffirm its valid patent and trademark rights in and to its proprietary Hyper-Elastic Polymer® gel material, the key component in Purple’s GelFlex® Grid.
If the FTC does not object to Tempur Sealy’s acquisition of Mattress Firm, Tempur Sealy agrees that Purple will retain its current relationship with Mattress Firm for a minimum of twelve months, versus the two-month commitment in place previously. According to Rob DeMartini, CEO of Purple Innovation:
“Mattress Firm is an important and respected partner. We believe our Purple brand and products bring a high number of unique consumers into Mattress Firm stores. We appreciate working on an even playing field today and want to continue to work collaboratively with Mattress Firm. This agreement will give us time to explore expansion opportunities.”
Purple and Tempur Sealy have also agreed to amicably resolve all differences regarding their various intellectual property disputes. Although the specific terms of the deal are confidential, Purple retains all control and ownership over its brand, its patented mattress technology and its Hyper-Elastic Polymer and GelFlex Grid marks. That the parties were able to resolve their differences is a strong signal to the marketplace that Purple is an innovator in hybrid mattress technology and deter future threats to Purple’s business. DeMartini adds:
“The marketplace’s interest in gel technology recognizes the strength of what makes Purple’s unmatched sleep innovation disruptive and cutting edge, and the best way of delivering deep, uninterrupted sleep. We are pleased to focus on expanding Purple’s business and bringing the many benefits of our GelFlex Grid to more customers.”
About Purple
Purple is a digitally native vertical brand with a mission to help people feel and live better through innovative comfort solutions. Today Purple markets and sells its products through direct-to-consumer online channels, traditional retail partners, third-party online retailers, and Purple-owned retail showrooms. Purple designs and manufactures a variety of innovative, premium, branded comfort products, including mattresses, pillows, cushions, frames, sheets and more. Its products are the result of over 30 years of innovation and investment in proprietary and patented comfort technologies and the development of our own manufacturing processes. Our proprietary gel technology, Hyper-Elastic Polymer®, underpins many of our comfort products and provides a range of benefits that differentiate our offerings from other competitors’ products. For more information on Purple, visit purple.com.
Everchem Updates Archive 
Sign Up for Email Updates
