The Urethane Blog

Covestro IPO Update

Bayer chief remains optimistic over Covestro IPO plans

Jeevan Vasagar in Berlin


Covestro AG, the former Bayer AG MaterialScience business, has officially adopted its new name. The company is now legally and economically independent, but will remain a 100 percent subsidiary of Bayer for the time being.

Bayer is floating Covestro,

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Covestro Update

Bayer's Covestro aims to fetch 2.5 bln eur in IPO
  Bayer CovestroLarge


* Offer price range 26.50-35.50 eur/shr

* Number of shares to be adjusted to reach 2.5 bln proceeds

* Oct.

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Propylene Falls 3c/lb


September US propylene contract prices settling 3 cents/lb lower: sources

Houston (Platts)–17 Sep 2015 1202 pm EDT/1602 GMT


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Fabricator Roll Up

Generational Equity Announces the Acquisition of Great Lakes Foam Technologies, Inc. by Unique Fabricating, Inc.



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Propylene Inventories Rise

US Data — Weekly propane, propylene stocks rise 1.14 million barrels: EIA

Houston (Platts)–16 Sep 2015 1202 pm EDT/1602 GMT


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Legacy Costs

Hoboken: Contamination At Eminent Domain Purchase Site Is BASF's Responsibility

The BASF site, the location of Hoboken’s pending $18.3 M eminent domain purchase,

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Air Products Going Pure Play

Air Products & Chemicals Spin Off Materials-Technologies Business

Firm says split up to allow both business to focus on core competencies

Tess Stynes


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Sinomax Invests in U.S.

Sinomax USA Takes Equity Stake In Dormeo N.A.

Furniture Industry News Update – Furniture World Magazine
Posted: 8/19/2015

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Ashley Wants In

Plaintiff fights to rejoin Polyurethane class
Tuesday, 15 September 2015 (Yesterday)
Pallavi Guniganti

An Ashley Furniture store

An Ashley Furniture store (Credit: Michael Rivera)

Ashley Furniture wants to be part of the certified class of direct purchasers in the Polyurethane antitrust litigation as it winds up with hundreds of millions in dollars in settlements,

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