THE URETHANE BLOG

Freight Rates

Freight Rates

Remember back in 2021 when inflation was “transitory” and surging consumer prices were blamed on the supply chain crisis? The Fed and macro investors became intensely interested in chaos at the ports. The focus on bottlenecks spurred the Federal Reserve Bank of New York to create a new barometer called the Global Supply Chain Pressure Index (GSCPI) in January.

Read More

Deltech Acquires Stanchem

Deltech Acquires Stanchem

Deltech Holdings, LLC (“Deltech”), a leading producer of high-performance aromatic monomers, specialized crystal polystyrene, and resins for the coatings, composites, construction, and other end markets, announced today the acquisition of StanChem, Inc. (“StanChem”), a provider of emulsion polymers and protective coatings. Deltech is a portfolio company of SK Capital Partners (“SK Capital”). The terms of the deal were not disclosed.

Read More

One View of the L&P Acquisition of Elite

One View of the L&P Acquisition of Elite

The performance of LEG post-ECS has deteriorated compared to that pre-ECS.

Despite spending an equivalent of about 1/3 of the 2021 Total Assets on acquisitions, its revenue growth rate was not double digits. With 4.3% CAGR revenue growth from 2015 to 2022, I would consider LEG a mature company in a mature sector.

Read More

BASF Yeosu Site Celebration

BASF Yeosu Site Celebration

BASF Korea held a ceremony on September 29th to commemorate 30 years of operations of its Yeosu site. The event looked back at the various milestones of the Yeosu site over the last 30 years and shared the vision for a sustainable future. The event was attended by Dr. Ramkumar Dhruva, President of BASF’s Monomers Division along with executives of major customers and suppliers.

Read More

European Inflation

European Inflation

Red-Hot European Inflation Hits A New Record, Rising By Double Digits For The First Time. In the flash inflation release for September, Euro area headline HICP inflation rose 82bp to a record 10.0% (technically 9.96%), well above the median forecast of 9.7% and marks the fifth straight month the result has exceeded consensus.

Read More

EVERCHEM UPDATE: VOL. 02

EVERCHEM UPDATE: VOL. 02

Multi-national companies have always had the option to move their primary production hubs as markets and costs shift, but what about small and medium enterprises?

Read More

Hurricane Ian Update

Hurricane Ian Update

Hurricane Ian strengthened to a Category 3 storm early Tuesday morning, making it the second major hurricane of the Atlantic hurricane season. Ian hit the western half of Cuba overnight Monday with winds just over 100 mph and extremely heavy rainfall.

Read More

Good News for Spray Foam

Good News for Spray Foam

After last month’s jarring 12.6% tumble, which sent the SAAR to the lowest level since Jan 2016, US new home sales were expected to slide again if at a far more moderate pace

Read More

Housing Drops

Housing Drops

Comments confirmed that the mood is dismal and turning uglier by the day: “Although U.S. housing prices remain substantially above their year-ago levels, July’s report reflects a forceful deceleration,” says Craig J. Lazzara, Managing Director at S&P DJI. 

Read More