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Chinese Flex Foam Update

...example, although local general sponge price has reached RMB 30/centimeter, up by 30-50% compared with September, the price still can support the cost of TDI at RMB 30,000-40,000/ton only. http://www.pu366.com/News/NewsView.aspx?nid=60562...

Highlights from Huntsman’s Investors Call

...Chinese government attempts to control COVID outbreaks. Volumes in Europe were up compared to the prior year due to favorable comparisons as we completed our once every 4-year Rotterdam turnaround...

Polyol Discussions

...Buyers had been hoping to obtain some price relief after propylene contracts settled lower for three consecutive months between February and April. Buyers may argue that, as they did obtain...

Chinese Flex Foam Update

Urethane Pothole Repair

...has a rough surface and wouldn’t be slippery,” Anne Koudstaal, an inventor of the PlasticRoad, said in an email. “We’re trying to make the complete road from waste plastics.” https://www.washingtonpost.com/local/trafficandcommuting/where-does-your-recycled-plastic-go-perhaps-into-future-highways/2018/10/28/2aa3f5c4-d157-11e8-8c22-fa2ef74bd6d6_story.html?noredirect=on&utm_term=.b7b20a6610f2...

Lanxess Uses AI for Prepolymer Development

...already using artificial intelligence cannot imagine ever going back to the old methods of working. The use of digital technologies is increasingly becoming standard procedure at Lanxess,” says Hellwig. https://www.chemengonline.com/lanxess-launches-ai-assisted-formulation-development-for-urethane-systems/?printmode=1...

Lanxess Uses AI for Prepolymer Development

Global Chemical M&A on Pace for Record Year

...market when companies pay healthy multiples for acquisitions.” For example, when US-based specialty chemicals company Quaker Chemical announced its merger with US-based metalworking fluids company Houghton International on 5 April,...

Chemical M&A Overview

...the cost of borrowing is still low. And public valuations [of chemical companies] remain high, which certainly helps companies be acquisitive at higher multiples.” For publicly traded chemical companies, the...

Juicy Urethane Tidbits from Covestro’s Earnings Call

...European assets will be in competitive. I do not believe that this is, let’s say, the main reason. There’s other reasons, for example, the geopolitical turmoil, the overall development that...