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New Regulations Defining Exempt Employees

...duties tests into a single standard duties test and introducing a new exemption for highly compensated employees. This Final Rule updates the salary level required for exemption to ensure that...

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Repsol Licenses POSM Technology

...plant in Puertollano, Spain, in the early 1970s. In the year 2000, the company built a new PO/SM plant in Tarragona, double the size of the original facility. www.repsol.com https://www.gupta-verlag.com/news/industry/19386/repsol-licences-po-and-styrene-technology-to-tianjin-bohua...

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Shortages on the Horizon

...supply issue. “We’ll be keeping a watching brief on the situation and ensuring that members receive timely alerts through our Price Reports, to keep informed of the situation.” www.bfm.org.uk https://www.furnitureproduction.net/news/articles/2021/02/1573357951-bfm-gives-early-warning-potential-foam-supply-issues...

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Evonik Names Taneja Head of Catalysts

...strategic areas in his previous professional positions. He has a track record of driving growth and transformation projects as well as post M&A initiatives at an international level. www.evonik.com https://www.gupta-verlag.com/news/personnel/24339/evonik-taneja-new-head-of-the-catalysts-business-line...

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Sun Spots

...Spaceweather.com Here’s the sunspot data: SIDC sunspot data Graph source: http://www.woodfortrees.org/plot/sidc-ssn/from:1975 Meanwhile, the sun is putting out less solar energy towards the Earth, as this graph of PMOD composite monthly...

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Arsenal Acquisition in Europe

...OH; and Marlborough, UK. For more information, visit www.meridianadhesives*]}*.com. About Arsenal Arsenal is a leading private equity firm that specializes in investments in middle‐market specialty industrials and healthcare companies. Since...

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Westlake Rebrands

...includes Westlake Royal Building Products, Westlake Pipe & Fittings, Westlake Global Compounds and Westlake Dimex. Performance & Essential Materials includes Westlake North American Vinyls, Westlake North American Chlor-alkali & Derivatives,...

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Covestro to Buy Robinson Township from Bayer

...and leisure, cosmetics and the chemical industry itself. Covestro has 30 production sites worldwide and employed approximately 16,800 people at the end of 2018. Find more information at www.covestro.us. https://www.covestro.us/media/news-releases/2019-news-releases/2019-12-04-covestro-campus...

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Vertellus Update

...manufacturing of agriculture and pharma intermediates and actives. Vertellus benefits from a technically advanced global manufacturing base and has over 1,000 employees. Vertellus is headquartered in Indianapolis, Indiana.   http://www.prnewswire.com/news-releases/vertellus-specialties-inc-enters-asset-purchase-agreement-with-lenders-to-create-sustainable-financial-structure-able-to-support-future-growth-300276726.html...

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Wanhua Debt Rating Update

...Exchange in 2001. It is 50.5% owned by Wanhua Industrial Group Company Ltd. (unrated), which in turn is 39.5% owned by the Yantai State-owned Assets Supervision and Administration Commission. https://www.moodys.com/research/Moodys-Wanhua-Chemicals-rise-in-leverage-in-1H-2015-is–PR_333013...

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