The Urethane Blog

Everchem Updates

VOLUME XXI

September 14, 2023

Everchem’s Closers Only Club

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

August 29, 2018

PaintCare

PaintCare® Bill Introduced in New Jersey Assembly


paintcare

On Aug. 27, legislation to bring the PaintCare program to New Jersey, A. 4382, was introduced in the state Assembly.  A companion bill in the Senate, S. 2815,  An Act Requiring Producers of Architectural Paint to Implement or Participate in a Paint Stewardship Program, was introduced on July 1 and referred to the Senate Environment and Energy Committee. In 2016, ACA’s previous PaintCare bill passed the New Jersey Assembly by a 46-27 vote, and the Senate by a 26-7 vote; but unfortunately, then-Gov. Chris Christie didn’t sign the legislation, allowing a pocket veto. ACA stands behind its landmark paint stewardship program and believes New Jersey residents and government will greatly benefit from embracing it in their state.

If the PaintCare bill passes and is enacted, New Jersey would join Oregon, California, Connecticut, Rhode Island, Vermont, Minnesota, Maine, Colorado, and the District of Columbia, all of which have implemented the ACA- and industry-conceived platform for the proper and effective management of post-consumer paint.

ACA and its industry are committed to finding a viable solution to the issue of post-consumer paint, which is often the number one product, by volume and cost, coming into Hazardous Household Waste (HHW) programs. PaintCare has had resounding success in the nine jurisdictions in which program operations have been implemented.

The program’s success has been so widespread that many state officials and local governments dealing with leftover paint are interested in bringing the program to their states. One of ACA’s goals is to make this legislation consistent across all states so that program implementation can truly be nationally coordinated, and manufacturers and consumers of paint do not have differing programs across state lines.

ACA created PaintCare, a 501(c)(3) organization whose sole purpose is to ensure effective operation and efficient administration of paint product stewardship programs, on behalf of all architectural paint manufacturers in the United States. PaintCare undertakes the responsibility for ensuring an environmentally sound and cost-effective program by developing and implementing strategies to reduce the generation of post-consumer architectural paint; promoting the reuse of post-consumer architectural paint; and providing for the collection, transport, and processing of post-consumer architectural paint using the hierarchy of “reduce, reuse, recycle,” and proper disposal.

The program is designed to relieve a considerable financial burden on local governments, which currently funds these programs.

The legislation would require PaintCare to establish a paint collection site within 15 miles of 90 percent of the state’s residents. Permanent collection sites must set up for every 30,000 residents of a population center.

ACA believes that this would be critical in New Jersey, where only five of the 21 counties even accept latex paint for recycling and proper disposal — latex paint being 80 percent of the paint sold today. Those few counties that do accept latex paint do so at a great cost. For example, Ocean County reported spending over $200,000 on their paint management program in 2013 alone.

The funding for the program collected via an assessment fee will cover the cost of all paint — not just new paint sold, but all the legacy paint already in consumers’ basements and garages.

The assessment would also go toward consumer education and program outreach, as well as administrative costs. ACA believes that consumer education is paramount with this type of program since paint is a consumable product. ACA maintains that manufacturers do not produce paint to be thrown away, but rather, to be used up. To work toward a goal of post-consumer paint waste minimization, the consumer must be engaged. PaintCare’s educational program does not just focus on recycling and proper management of unwanted paint, but on buying the right amount of paint and taking advantage of reuse opportunities that can help reduce the generation of leftover paint in the first place.

To further ensure fairness and consumer protection, the bill specified that the assessment funding the program must be approved by an independent audit submitted to the state Department of Environment/Environmental Services and must be set at a rate to cover only the cost to manage and sustain the program.

ACA worked with the New Jersey Department of Environmental Protection, as well as the state’s local waste authorities, HHW program managers, and Product Stewardship Councils, and other stakeholders to refine the legislation.

Contact ACA’s Heidi McAuliffe for more information.

https://www.paint.org/paintcare-nj/

August 29, 2018

PaintCare

PaintCare® Bill Introduced in New Jersey Assembly


paintcare

On Aug. 27, legislation to bring the PaintCare program to New Jersey, A. 4382, was introduced in the state Assembly.  A companion bill in the Senate, S. 2815,  An Act Requiring Producers of Architectural Paint to Implement or Participate in a Paint Stewardship Program, was introduced on July 1 and referred to the Senate Environment and Energy Committee. In 2016, ACA’s previous PaintCare bill passed the New Jersey Assembly by a 46-27 vote, and the Senate by a 26-7 vote; but unfortunately, then-Gov. Chris Christie didn’t sign the legislation, allowing a pocket veto. ACA stands behind its landmark paint stewardship program and believes New Jersey residents and government will greatly benefit from embracing it in their state.

If the PaintCare bill passes and is enacted, New Jersey would join Oregon, California, Connecticut, Rhode Island, Vermont, Minnesota, Maine, Colorado, and the District of Columbia, all of which have implemented the ACA- and industry-conceived platform for the proper and effective management of post-consumer paint.

ACA and its industry are committed to finding a viable solution to the issue of post-consumer paint, which is often the number one product, by volume and cost, coming into Hazardous Household Waste (HHW) programs. PaintCare has had resounding success in the nine jurisdictions in which program operations have been implemented.

The program’s success has been so widespread that many state officials and local governments dealing with leftover paint are interested in bringing the program to their states. One of ACA’s goals is to make this legislation consistent across all states so that program implementation can truly be nationally coordinated, and manufacturers and consumers of paint do not have differing programs across state lines.

ACA created PaintCare, a 501(c)(3) organization whose sole purpose is to ensure effective operation and efficient administration of paint product stewardship programs, on behalf of all architectural paint manufacturers in the United States. PaintCare undertakes the responsibility for ensuring an environmentally sound and cost-effective program by developing and implementing strategies to reduce the generation of post-consumer architectural paint; promoting the reuse of post-consumer architectural paint; and providing for the collection, transport, and processing of post-consumer architectural paint using the hierarchy of “reduce, reuse, recycle,” and proper disposal.

The program is designed to relieve a considerable financial burden on local governments, which currently funds these programs.

The legislation would require PaintCare to establish a paint collection site within 15 miles of 90 percent of the state’s residents. Permanent collection sites must set up for every 30,000 residents of a population center.

ACA believes that this would be critical in New Jersey, where only five of the 21 counties even accept latex paint for recycling and proper disposal — latex paint being 80 percent of the paint sold today. Those few counties that do accept latex paint do so at a great cost. For example, Ocean County reported spending over $200,000 on their paint management program in 2013 alone.

The funding for the program collected via an assessment fee will cover the cost of all paint — not just new paint sold, but all the legacy paint already in consumers’ basements and garages.

The assessment would also go toward consumer education and program outreach, as well as administrative costs. ACA believes that consumer education is paramount with this type of program since paint is a consumable product. ACA maintains that manufacturers do not produce paint to be thrown away, but rather, to be used up. To work toward a goal of post-consumer paint waste minimization, the consumer must be engaged. PaintCare’s educational program does not just focus on recycling and proper management of unwanted paint, but on buying the right amount of paint and taking advantage of reuse opportunities that can help reduce the generation of leftover paint in the first place.

To further ensure fairness and consumer protection, the bill specified that the assessment funding the program must be approved by an independent audit submitted to the state Department of Environment/Environmental Services and must be set at a rate to cover only the cost to manage and sustain the program.

ACA worked with the New Jersey Department of Environmental Protection, as well as the state’s local waste authorities, HHW program managers, and Product Stewardship Councils, and other stakeholders to refine the legislation.

Contact ACA’s Heidi McAuliffe for more information.

https://www.paint.org/paintcare-nj/

August 29, 2018

Recticel Results

Recticel
Press Release of Recticel – 29 August 2018
FIRST HALF-YEAR 2018 RESULTS
 

Combined sales growth of +4.0% despite an adverse currency impact of -1.2%
• Combined REBITDA: EUR 56.2 million (+12.1%)
• Result of the period (share of the Group): from EUR 14.3 million to EUR 18.7 million (+30.7%)
• Combined net financial debt: EUR 138.7 million

Olivier Chapelle (CEO): We are satisfied with the overall 4.0% sales growth generated during the 1st half of 2018, amid challenging market conditions in the comfort and bedding markets, and despite a -1.2% adverse currency environment.

Our combined REBITDA margin further improves from 6.9% to 7.4%, thanks to the dedication of our teams to mitigate the effects of historically high raw material prices during 1st quarter and of adverse currency evolutions.

Going forward, we remain concentrated on three axes to create the conditions for future growth:
(i) Geographic expansion: the converting units for Technical Foams in China and Morocco have started up during the 2nd quarter, and the new Insulation production plant in Finland will start up as planned at the beginning of the 4th quarter.
(ii) Product innovations are being introduced in Bedding, Automotive Interiors and Technical Foams.
(iii) External growth opportunities, mainly focussed on Insulation.

Regarding our decision to divest our Automotive divisions, we confirm that the processes engaged during the 1st quarter are on-going, and so far progressing according to plan.

OUTLOOK

For the full-year 2018 the Group expects continued growth of its combined sales and REBITDA thanks to a combination of volume growth, improved mix and efficiency gains.

https://www.recticel.com/first-half-year-2018-results.html