The Urethane Blog

June 15, 2020

Stockmeier Track News

Two Records Set on Stobitan® SC Running Track at the
“Impossible Games” at Bislett Stadium

CLARKSBURG, WV – June 15, 2020 – STOCKMEIER Urethanes is
excited to announce that two records were set on a World Athletics
certified Stobitan® SC running track surface at the “Impossible
Games” at Bislett Stadium in Oslo, Norway.

Due to the coronavirus, the “Oslo Diamond League” meet was
canceled and replaced with the “Impossible Games” where 50
athletes competed in 13 events.

Nineteen-year-old, Jakob Ingebrigtsen, set a European and
Norwegian record in the 2000-meter event at a time of 4.50.04. This
time, at merely 5.5 seconds, almost beat the world record. Karsten
Warholm, 24, beat the world record in the 300-meter hurdles with a
time of 33.79 seconds on what he thought might have been a broken
toe from warm-ups. STOCKMEIER Urethanes and its staff would like
to congratulate these two gentlemen on their wonderful victories.

Christian Martinkat, Chairman of the Executive Committee of
STOCKMEIER Urethanes Group and CEO of STOCKMEIER
Urethanes USA, Inc. states: “It is exciting to see a conventionally built

structural spray system, such as STOBITAN® SC, to be a track
surface for record breaking performances. We are proud to offer
quality products used for these world class track events.”

STOBITAN ® running tracks and artificial turfs have been installed
worldwide since 1991 and are available in a variety of systems. They
offer secure running grip, optimum fall protection and elasticity that
promotes high performance. All the systems within the Stobitan ® line
are a combination of our highly trusted Stobielast ® S product line.
As a specialist within the STOCKMEIER Group, STOCKMEIER
Urethanes GmbH & Co. was founded in 1991 in Germany as a
polyurethane systems house focused on the development, production
and marketing of coatings, adhesives, sealants and elastomers for a
wide variety of sports and industrial markets. Operating worldwide
with ISO 9001 certified production facilities and laboratories in
Germany, France, the United Kingdom, and the United States,
Stockmeier Urethanes provides customers with consistent global
delivery of high-quality polyurethane products and services.

June 15, 2020

U.S. Rare Earths Plant

U.S. Strengthens Its Rare Earth Supply Chain With New Processing Plant

Join Our Community

USA Rare Earth, the funding and development partner of the Round Top heavy rare earth project and Texas Mineral Resources announced Thursday that its rare earths pilot plant processing facility in Wheat Ridge, Colorado has received the required permits and officially opened.

Once fully commissioned, the plant will be focused on group separation of rare earths into heavy (dysprosium, terbium), middle, and light (neodymium, praseodymium) rare earths (REE’s) and will be the first facility to separate the full range of rare earth elements in the US since 1999.

USA Rare Earth’s pilot plant is the second link in a 100% US-based rare earth oxide supply chain, drawing on feedstock from its Round Top deposit.

The final phase of the pilot work will be the further separation of high-purity individual REE compounds. The pilot plant will also be focused on the recovery of non-REEs focusing on lithium, uranium, beryllium, gallium, zirconium, hafnium, and aluminum, all of which are on the US Government Critical Minerals List.

Confirming the recovery of these critical non-REEs will support upgrading the measured and indicated resources to proven and probable reserves (with no in-fill drilling required), and completion of the Preliminary Feasibility Study (PFS) for the Round Top project, the company said.

“Establishing an independent domestic rare earth and critical minerals supply chain is monumental for USA Rare Earth and for the United States, overcoming reliance on China for materials and processing that are essential for defense applications and advanced technology manufacturing,” said Pini Althaus, USA Rare Earth CEO.

Althaus also said the opening is another step forward for USA Rare Earth’s objective to build the first rare earth and critical minerals processing facility outside China and to bring the Round Top project into full commercial production – which they estimate to be in 30 months.

https://oilprice.com/Energy/Energy-General/US-Strengthens-Its-Rare-Earth-Supply-Chain-With-New-Processing-Plant.html?utm_source=tw&utm_medium=tw_repost

June 15, 2020

U.S. Rare Earths Plant

U.S. Strengthens Its Rare Earth Supply Chain With New Processing Plant

Join Our Community

USA Rare Earth, the funding and development partner of the Round Top heavy rare earth project and Texas Mineral Resources announced Thursday that its rare earths pilot plant processing facility in Wheat Ridge, Colorado has received the required permits and officially opened.

Once fully commissioned, the plant will be focused on group separation of rare earths into heavy (dysprosium, terbium), middle, and light (neodymium, praseodymium) rare earths (REE’s) and will be the first facility to separate the full range of rare earth elements in the US since 1999.

USA Rare Earth’s pilot plant is the second link in a 100% US-based rare earth oxide supply chain, drawing on feedstock from its Round Top deposit.

The final phase of the pilot work will be the further separation of high-purity individual REE compounds. The pilot plant will also be focused on the recovery of non-REEs focusing on lithium, uranium, beryllium, gallium, zirconium, hafnium, and aluminum, all of which are on the US Government Critical Minerals List.

Confirming the recovery of these critical non-REEs will support upgrading the measured and indicated resources to proven and probable reserves (with no in-fill drilling required), and completion of the Preliminary Feasibility Study (PFS) for the Round Top project, the company said.

“Establishing an independent domestic rare earth and critical minerals supply chain is monumental for USA Rare Earth and for the United States, overcoming reliance on China for materials and processing that are essential for defense applications and advanced technology manufacturing,” said Pini Althaus, USA Rare Earth CEO.

Althaus also said the opening is another step forward for USA Rare Earth’s objective to build the first rare earth and critical minerals processing facility outside China and to bring the Round Top project into full commercial production – which they estimate to be in 30 months.

https://oilprice.com/Energy/Energy-General/US-Strengthens-Its-Rare-Earth-Supply-Chain-With-New-Processing-Plant.html?utm_source=tw&utm_medium=tw_repost

June 12, 2020

Consumer Sentiment Rises

Preliminary Consumer Sentiment for June Easily Beats Expectations

Economy
June 12, 2020 10:29 am
author: PPD Staff

Reopening Economy Fueling Employment Gains, In Turn Fueling Optimistic Consumer Sentiment

 

Ann Arbor, Mich. (PPD) — The Survey of Consumers preliminary reading on consumer sentiment rose from 72.3 in May to 78.9 in June, easily beating the consensus forecast. Forecasts for the headline index ranged from a low of 72.0 to a high of 78.0, and the consensus forecast was 75.0.

June (P) May (F) May (P) March May M-M Y-Y
2020 2020 2020 2020 2019 Change Change
Index of Consumer Sentiment 78.9 72.3 73.7 89.1 100.0 +9.1% -19.7%
Current Economic Conditions 87.8 82.3 83.0 103.7 110.0 +6.7% -21.5%
Index of Consumer Expectations 73.1 65.9 67.7 79.7 93.5 -10.9% -18.1%
Source: University of Michigan Survey of Consumers
F = Final | P = Preliminary

“Consumer sentiment posted its second monthly gain in early June, paced by gains in the outlook for personal finances and more favorable prospects for the national economy due to the reopening of the economy,” said Chief Economist for Surveys of Consumers, Richard Curtin. “The turnaround is largely due to renewed gains in employment, with more consumers expecting declines in the jobless rate than at any other time in the long history of the Michigan surveys.”

https://www.peoplespunditdaily.com/news/economy/2020/06/12/preliminary-consumer-sentiment-for-june-easily-beats-expectations/

June 12, 2020

Consumer Sentiment Rises

Preliminary Consumer Sentiment for June Easily Beats Expectations

Economy
June 12, 2020 10:29 am
author: PPD Staff

Reopening Economy Fueling Employment Gains, In Turn Fueling Optimistic Consumer Sentiment

 

Ann Arbor, Mich. (PPD) — The Survey of Consumers preliminary reading on consumer sentiment rose from 72.3 in May to 78.9 in June, easily beating the consensus forecast. Forecasts for the headline index ranged from a low of 72.0 to a high of 78.0, and the consensus forecast was 75.0.

June (P) May (F) May (P) March May M-M Y-Y
2020 2020 2020 2020 2019 Change Change
Index of Consumer Sentiment 78.9 72.3 73.7 89.1 100.0 +9.1% -19.7%
Current Economic Conditions 87.8 82.3 83.0 103.7 110.0 +6.7% -21.5%
Index of Consumer Expectations 73.1 65.9 67.7 79.7 93.5 -10.9% -18.1%
Source: University of Michigan Survey of Consumers
F = Final | P = Preliminary

“Consumer sentiment posted its second monthly gain in early June, paced by gains in the outlook for personal finances and more favorable prospects for the national economy due to the reopening of the economy,” said Chief Economist for Surveys of Consumers, Richard Curtin. “The turnaround is largely due to renewed gains in employment, with more consumers expecting declines in the jobless rate than at any other time in the long history of the Michigan surveys.”

https://www.peoplespunditdaily.com/news/economy/2020/06/12/preliminary-consumer-sentiment-for-june-easily-beats-expectations/