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Urethane Comments from L&P Investors Call

...year as a result of the COVID-19 pandemic. In 2020, our employees came together across our corporate functions and businesses to develop highly effective protocols to manage the crisis, committed...

Highlights from L&P Investors Call

...as expected. We still anticipate metal margin to be down mid-teens versus 2022. While our commercial teams continue to evaluate customer opportunities and commercialize new products, soft demand remains the...

Freight Rates Rise

...earlier, damaging focus on growth. “There’s no need for one player to be disruptive,” he said. “The focus here would be more about profitability as opposed to market share.” https://www.wsj.com/articles/shipping-stocks-weather-the-pandemic-storm-11598868003?mod=e2tw&tesla=y...

Logistics Issues

...no reports of casualties. According to timestamps from surveillance footage videos posted online, the explosion occurred around 1:46 pm on Friday. The video first showed a large amount of smoke...

Epoxy Highlights from Olin Call

...a direct hit on our Freeport, Texas facility by Hurricane Beryl, all our team members are safe. I’m very proud of how everyone responded. We saw the best come out,...

Shipping Discussion

...damnable. It could only come from the mind of an individual, or body of individuals, with no understanding of or consideration for the extraordinary interdependence of the productive sector. https://www.aier.org/article/an-armor-conspired-the-global-shipping-freeze/...

Momentive Sold

...in “class actions and derivative lawsuits in complex corporate litigation,” according to a statement by partner Shane Rawley, who declined further comment. An MPM company spokesman declined comment on the...

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...

Existing Home Sales Jump

..."More first-time buyers are expected to enter the market in coming months, but the overall share climbing higher will depend on how fast rates and prices rise,” Yun added. http://www.csmonitor.com/Business/new-economy/2015/0622/US-existing-home-sales-climb-5.1-in-May-but-prices-keep-jumping-too...

Mattress Firm Pulls IPO

...of September 2021, Mattress Firm still had 2,353 retail stores, according to its IPO filing. The company also sells mattresses and bedding through its e-commerce sites mattressfirm.com and sleep.com. In...