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Changes at Mattress Firm

...Casper, Leesa, Tuft & Needle and Purple. These retailers have gained popularity in recent years as consumers have become more comfortable buying mattresses online. Additionally, these newer companies have arguably...

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Casper Preps for IPO

...The company also plans to open hundreds of physical stores. Part of its motive for going public is to raise capital for that expansion, one of the people said. https://www.bloomberg.com/news/articles/2019-10-18/casper-is-said-to-work-with-morgan-stanley-goldman-on-ipo...

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Wayfair Cutting Back

...it was letting go 23% of its staff. After accounting for its previous layoffs in April (9% of the workforce), it’s fair to estimate that this latest round will impact nearly 800 people. https://www.zerohedge.com/markets/wayfair-laying-about-5-its-workforce...

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India TDI Plant Update

...the domestic market, the average capacity utilisation exceeded 95% last month. Russia’s overall PVC production reached 975,000 tonnes in 2019, compared to 958,600 tonnes a year earlier. Author:Margaret Volkova http://www.mrcplast.com/news-news_open-368449.html...

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European Toluene/TDI Update

...oversupply. An increase in TDI production next year could see more pull on European toluene volumes, but all of this remains speculative until the Ludwigshafen plant actually comes online and...

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Shell Moerdijk PO Unit Scheduled for December Startup

...unit at its Moerdijk, Netherlands site back online. The November propylene contract price settled at €670/tonne FD (free delivered) NWE (northwest Europe), the lowest contract price since July 2009.   http://www.icis.com/resources/news/2015/10/30/9938723/europe-nov-propylene-contract-reduction-welcome-but-still-not-enough/...

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Freight Rates Rise

...buoying freight rates and lifting profits. Photo: saeed khan/Agence France-Presse/Getty Images By Aug. 31, 2020 6:00 am ET Investors in container-shipping companies are having an unexpectedly good year as freight...

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European Propylene Update

...operating rates. However, much will ultimately depend on consumer confidence – players hope there will be more announcements on stimulus packages to support, in particular, the beleaguered automotive sector. https://www.icis.com/explore/resources/news/2020/06/05/10516392/europe-ethylene-spot-prices-rise-but-propylene-fails-to-gain-traction...

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Urethane Comments from Covestro’s Investors Call

...means we mastered due to the significant shift from specialities towards commodities quite nicely. Nonetheless, this has overall significantly impacted the Polycarbonates — Polycarbonate industry demand. I hope that gives...

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European Monomer Update

...turnarounds will be finally complete for 2019 and the unplanned issues should also have been resolved. However, sources said these unplanned issues, if ongoing, would not make too much of...

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