News

Everchem Updates

VOLUME 11

June 1, 2023

EVERCHEM UPDATE: VOL. 11 – Where’s the Competitive Edge?

When we lose business to a better player, do we take it personally? Don Draper from Mad Men wouldn’t take it personally. He would study hard to find what exactly blew the deal, get blackout drunk on bourbon on a few days’ bender at the public house, and the next week hatch himself a revised plan of conquest and redemption. Let’s bring that energy back. read more

May 5, 2023

Huntsman Investors Call Highlights

Adjusted EBITDA for our Polyurethanes division in the first quarter was $66 million. We continue to see significant destocking across our markets, specifically in North America. This destocking, combined with the competitive pricing environment, continue to put substantial pressure on the Polyurethanes business during the quarter. read more

May 5, 2023

Stockmeier Urethanes USA Celebrates 20 Years

STOCKMEIER Urethanes USA, Inc announces its 20 th anniversary this month as a specialty polyurethane systems manufacturer in the United States. read more

May 2, 2023

L & P Update

These results were better than anticipated, but declined versus record first quarter results last year. Sales in the quarter were down 8% versus first quarter 2022 from lower volume, raw material-related price decreases and currency impact. read more

May 1, 2023

M&A Troubles

Investors dumped Recticel shares after disappointing quarterly results and uncertainty over the sale of its Engineered Foam division to U.S.-based Carpen read more

May 1, 2023

Cornelius Plant to Close

Pennsylvania-based FXI says in a Worker Adjustment and Retraining Notification that it will close its plant at 18801 Old Statesville Road by June 20. As a result, about 59 workers will lose their jobs. read more