THE URETHANE BLOG

Covestro Profits Improve

Covestro Q3 profit jumps on raw material price drop
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* Q3 EBITDA up 44 pct to 471 mln eur

* Sales down 1 pct to 3.02 bln eur

* Polyurethane sales down 8 pct (Adds details on sales)

FRANKFURT,

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BASF Miss

BASF shares drop after 2015 targets cut on weak China and Brazil
 

 
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* Q3 adjusted EBIT 1.60 bln euros vs f'cast 1.63 billion

* Expects slight decrease in 2015 sales and adjusted EBIT

* Summer lull was pronounced,

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Huntsman Quarterly Results

HUNTSMAN REPORTS THIRD QUARTER 2015 ADJUSTED EBITDA OF
$311 MILLION AND ANNOUNCES MAJOR REDUCTION IN PLANNED CAPITAL EXPENDITURES

Huntsman_logoThird Quarter 2015 Highlights

• Announces $150 million reduction in planned capital expenditures for 2016 and 2017 combined.

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Significant Change at Norfolk Southern

Norfolk Southern to end hazardous chem shipments 1 Dec
21 October 2015 19:28 Source:ICIS News

Image Sipa Press/REX ShutterstockHOUSTON (ICIS)–With an impending deadline of 31 December to comply with federal requirements to install positive train control (PTC) technology,

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Dow Posts Earnings Beat

Dow Chemical Profit Tops Estimates on Plastics Margins

 

Dow Chemical Co. reported third-quarter earnings that beat analysts’ estimates as wider margins in European plastics more than made up for weak agriculture markets.

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Propylene Settles . . . Up!

 

October US propylene contract prices settle 0.5 cent/lb higher: sources
 

Houston (Platts)–19 Oct 2015 545 pm EDT/2145 GMT

 

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