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
December 14, 2020
BASF to increase prices for select polyetheramines in U.S. and Canada
FLORHAM PARK, NJ, December 9, 2020 – Effective January 1, 2021 or as existing contracts permit, BASF will increase its prices in the United States and Canada for select polyetheramine products.
Product Price Increase
Polyetheramine D230M $0.09/lb.
Baxxodur® EC 301 $0.09/lb.
Polyetheramine D2000 $0.09/lb.
Baxxodur® EC 303 $0.09/lb.
BASF’s polyetheramine products are featured in many applications as highly efficient curing agents and used in various segments including coatings and sealing compounds, for use in wind energy and electrical industries, as well as in composites, adhesives and flooring. Baxxodur® is a registered trademark of BASF.
December 14, 2020
BASF to increase prices for select polyetheramines in U.S. and Canada
FLORHAM PARK, NJ, December 9, 2020 – Effective January 1, 2021 or as existing contracts permit, BASF will increase its prices in the United States and Canada for select polyetheramine products.
Product Price Increase
Polyetheramine D230M $0.09/lb.
Baxxodur® EC 301 $0.09/lb.
Polyetheramine D2000 $0.09/lb.
Baxxodur® EC 303 $0.09/lb.
BASF’s polyetheramine products are featured in many applications as highly efficient curing agents and used in various segments including coatings and sealing compounds, for use in wind energy and electrical industries, as well as in composites, adhesives and flooring. Baxxodur® is a registered trademark of BASF.
December 14, 2020
BASF Announces Another Round of Price Increases on MDI, TDI, and Polyol
December 14, 2020
Dear Valued Customer,
Effective January 1, 2021 or as contracts allow, BASF Corporation is raising the price for all Lupranate® MDI products by $ 0.08 per pound and Lupranate® TDI products by $0.09 per pound, and all Pluracol Polyols by $0.09 per pound.
Your BASF Account Manager will provide details of this announced increase and is available to answer any questions you may have. We appreciate your continued support of BASF Urethane Chemicals.
December 14, 2020
BASF Announces Another Round of Price Increases on MDI, TDI, and Polyol
December 14, 2020
Dear Valued Customer,
Effective January 1, 2021 or as contracts allow, BASF Corporation is raising the price for all Lupranate® MDI products by $ 0.08 per pound and Lupranate® TDI products by $0.09 per pound, and all Pluracol Polyols by $0.09 per pound.
Your BASF Account Manager will provide details of this announced increase and is available to answer any questions you may have. We appreciate your continued support of BASF Urethane Chemicals.
December 10, 2020
Huntsman Updates its Fourth Quarter Outlook
Download as PDF December 10, 2020 6:30am EST
THE WOODLANDS, Texas, Dec. 10, 2020 /PRNewswire/ — Huntsman Corporation (NYSE: HUN) today updated its fourth quarter 2020 outlook. Overall the Company currently expects its fourth quarter adjusted EBITDA to be better than its prior guidance and above the prior year by between 20% and 25%. For the Polyurethanes segment, fourth quarter adjusted EBITDA is now expected to be better than third quarter 2020 adjusted EBITDA by at least 20%. The increase versus the previous guidance is being driven by stronger than expected overall demand as well as higher MDI component margins, most notably in Asia. For the Performance Products segment, fourth quarter adjusted EBITDA is currently expected to be better than third quarter 2020 by nearly 15%. For the Advanced Materials segment, fourth quarter adjusted EBITDA is now expected to be approximately in-line with the third quarter 2020. For the Textile Effects segment, fourth quarter adjusted EBITDA is now expected to be approximately flat with the prior year fourth quarter.
The Company remains on-track to close on the sale of approximately 42.5 million shares it holds in Venator Materials PLC to funds managed by SK Capital Partners, LP before year-end 2020. Additionally, the Company intends to redeem in full €445 million in aggregate principal amount of its 5.125% Senior Notes due 2021 at par with available liquidity. The redemption date will be January 15, 2021, and the redemption price will equal to 100% of the principal amount of the notes, plus accrued and unpaid interest on the redemption date. Redeeming the notes will reduce the Company’s interest expense by approximately $25 million on an annual basis.
https://www.huntsman.com/news/media-releases/detail/465/huntsman-updates-its-fourth-quarter-outlook
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