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
January 10, 2023
January 10, 2023
January 10, 2023
Imports: Mattresses and other bedding products
Total Imports Compared to the same month a year ago
-32.62%
Compared to last month
-6.75%
Total All Imports Compared to the same month a year ago
-1.24%
Compared to last month
-9.38%
RankAmong U.S. Imports
118
Rank 2021
107
U.S. imports of Mattresses and other bedding products totaled $348.83 million in November, a change of -32.62 percent from the same month one year ago. The change from one month ago was -6.75 percent. Among more than 1,260 commodity classifications, Mattresses and other bedding products ranked No. 118 in November. It had ranked No. 107 for the same month last year.
While Mattresses and other bedding products ranked No. 118 in November by value, it ranked No. 95 by tonnage. The top three U.S. markets by value for Mattresses and other bedding products imports in November were (1) China, (2) Mexico, and (3) Indonesia. Among the nation’s more than 450 airports, seaports and border crossings, the top three by value were (1) Oil, (2) Passenger vehicles, and (3) Cell phones, related equipment.
January 10, 2023
Imports: Mattresses and other bedding products
Total Imports Compared to the same month a year ago
-32.62%
Compared to last month
-6.75%
Total All Imports Compared to the same month a year ago
-1.24%
Compared to last month
-9.38%
RankAmong U.S. Imports
118
Rank 2021
107
U.S. imports of Mattresses and other bedding products totaled $348.83 million in November, a change of -32.62 percent from the same month one year ago. The change from one month ago was -6.75 percent. Among more than 1,260 commodity classifications, Mattresses and other bedding products ranked No. 118 in November. It had ranked No. 107 for the same month last year.
While Mattresses and other bedding products ranked No. 118 in November by value, it ranked No. 95 by tonnage. The top three U.S. markets by value for Mattresses and other bedding products imports in November were (1) China, (2) Mexico, and (3) Indonesia. Among the nation’s more than 450 airports, seaports and border crossings, the top three by value were (1) Oil, (2) Passenger vehicles, and (3) Cell phones, related equipment.
January 10, 2023
India’s Sheela Foam to buy rival mattress maker Kurlon for $241 mln- ET Now
BENGALURU, Dec 28 (Reuters) – Indian mattress maker Sheela Foam Ltd (SHEF.NS) will soon acquire competitor Kurlon for 20 billion rupees ($241.29 million), ET Now reported on Wednesday, citing sources.
Should the deal go through, Sheela Foam could command a market share of 35-40%, Moneycontrol had reported last month, quoting a person familiar with the planned deal.
Sheela Foam and Kurlon did not immediately respond to Reuters’ requests for comment.
Sheela Foam, which sells the “Sleepwell” brand of mattresses, is the only listed mattress maker in the country.
The Ghaziabad-based company has a 25% market share in the sector, according to a note by ICICI Securities. The brokerage pegs India’s modern mattresses sector at 175 billion rupees.
Sheela Foam shares rose as much as 5% to 1,338 rupees following the report.
News of the potential acquisition comes as Kurlon Chairman and Managing Director Sudhakar Pai is looking to hand over the reins, the Moneycontrol report added.
It also comes at a time when other industry players like Duroflex, Springwell and The Sleeping Co have raised money from private equity firms over the past few years, according to multiple media reports.
Kurlon’s annual consolidated net profit has declined from 760.9 million rupees in fiscal year 2020 to 179.7 million rupees in fiscal year 2022.
Started in 1962 as Karnataka Coir Products Ltd, Kurlon currently has nine plants and 72 branch and stock points across India.
($1 = 82.8880 Indian rupees)
Everchem Updates Archive 
Sign Up for Email Updates