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PPG expands Malaysian plant operations to include non-stick and low friction coatings manufacturing
PETALING JAYA, Malaysia--(BUSINESS WIRE)--PPG (NYSE:PPG) today announced that it has expanded operations in Petaling Jaya, Malaysia to include the production of non-stick coatings for kitchenware, industrial bakeware and low friction ... read more
Stevanato Group to Present at Upcoming Investor Conferences
PIOMBINO DESE, Italy--(BUSINESS WIRE)--Stevanato Group S.p.A. (NYSE: STVN), a leading global provider of drug containment, drug delivery, and diagnostic solutions to the pharmaceutical, biotechnology, and life sciences industries, announced today ... read more
CRUDE SUMMARY: Crude rebounds on reduced supplies, stronger economy in US
Signs that Libya reduced its oil loadings and crude exports Rising greenback following strong economic growth in US ICE Brent front month October contract expires Friday LONDON (ICIS)— Crude oil ... read more
PPG sale of silicas business for $310 million a positive – Wells Fargo
NEW YORK (ICIS)--US-based coatings producer PPG’s announced sale of its silicas business to Poland-based QEMETICA for $310 million is an incremental positive, said an analyst at Wells Fargo. “We ... read more
Germany’s chemical R&D spending stagnates – VCI
LONDON (ICIS)--R&D spending in Germany’s chemical industry is expected at €5.6 billion in 2024, unchanged from 2023, according to estimates released by the country’s chemical producers’ ... read more
Smurfit Westrock Announces ICSID Award in Dispute with Venezuela
DUBLIN--(BUSINESS WIRE)--Smurfit Westrock plc (NYSE: SW, LSE: SWR)(“Smurfit Westrock”) announces that the arbitral tribunal (the “Tribunal”) constituted under the auspices of the World Bank’s International Centre for Settlement of Investment ... read more
New Bold and Beautiful VELCRO Brand Packaging Simplifies Shopping Experience and Inspires Consumers
MANCHESTER, N.H.--(BUSINESS WIRE)--Velcro Companies, inventor of the original and iconic hook and loop fastener, launched newly redesigned packaging to enhance the shopping experience and help consumers select the best VELCRO® ... read more
Dimethyl Carbonate Market Global and Regional Analysis and Forecast 2024-2034 – ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--The "Dimethyl Carbonate Market - A Global and Regional Analysis: Focus on Application, End-use Industry, Grade, and Region - Analysis and Forecast, 2024-2034" report has been added to ResearchAndMarkets.com's ... read more
Supply of acrylate esters in Europe set to improve in September
LONDON (ICIS)--Supply of acrylate esters in Europe is set to grow in September as production output improves and imports arrive. 2-EHA supply expected to improve in September Post-summer demand ... read more
BASF to shut down adipic acid production at Ludwigshafen next year
LONDON (ICIS)--BASF is to end production of adipic acid and several downstream units at Ludwigshafen, Germany, as part of structural changes underway at the site, the company said on Thursday. ... read more
Brambles’ 2024 Sustainability Review: Advancing Regenerative Supply Networks
ATLANTA--(BUSINESS WIRE)--Brambles today released its 2024 Sustainability Review, reporting on material environmental, social and governance (ESG) progress and achievements across its global operations for the year ending June, 30 2024. ... read more
Japan’s Rubber Unions Secure Average Pay Raises of 14,508 Yen, 1.62M Bonus in Labor Offensive
Gomu Rengo, the Japanese Rubber Workers Union Confederation, has announced the results of its spring 2024 labor offensive. According to the report, 51 of the 52 member unions reached wage ... read more
Sodexo Teams Up with Topanga, Making Campus Cafeterias Across the U.S. More Sustainable
BETHESDA, Md.--(BUSINESS WIRE)-- #campus--Sodexo, a leading foodservice provider for campuses and universities across the U.S., proudly announces a partnership with Topanga. Through this partnership, Sodexo campuses will measure environmental impact, ... read more
Sodexo Teams Up with Topanga, Making Campus Cafeterias Across the U.S. More Sustainable
BETHESDA, Md.--(BUSINESS WIRE)-- #campus--Sodexo, a leading foodservice provider for campuses and universities across the U.S., proudly announces a partnership with Topanga. Through this partnership, Sodexo campuses will measure environmental impact, ... read more
Sweden increases biofuel blending mandates to 10% for 2025
LONDON (ICIS)--The Swedish government has announced its decision to increase the country’s biofuels blending mandate to 10% in its 2025 budget. Sweden currently has a 6% blending target for diesel ... read more
Lack of clarity on UK chems decarbonization threatens industry's viability – Green Alliance
LONDON (ICIS)--A "worrying" future lies ahead for the UK chemicals industry because there is no concrete roadmap in place to eliminate fossil fuels, the think tank Green Alliance said on ... read more
Biocoat Earns Patent for PFAS-free Coating for Medical Devices
PFAS-free hydrophilic coating technology is suited for use in inner diameters of catheters and other medical devices. ... read more
GRAPHIC DETAIL: Dutch gas injections rise year on year in August
LONDON (ICIS)--Dutch gas storage injections have increased during August compared with the rates recorded on the same period in 2023 as shippers rushed to catch up with the continent’s average. ... read more
PPG sells silicas products business to Poland’s QEMETICA for $310 million
HOUSTON (ICIS)--US paint and coatings company PPG has agreed to sell its silicas products business for about $310 million to Polish company QEMETICA, it said on Thursday. The business supplies ... read more
MOVES: Arkema appoints former Henkel exec as head of Performance Additives
LONDON (ICIS)--Arkema has appointed Tilo Quink as senior vice president, Performance Additives, effective 1 September, the France-based chemicals company said on Thursday. Quink recently joined ... read more
PPG bereikt overeenkomst om zijn silicaproductenbedrijf te verkopen aan QEMETICA
PITTSBURGH--(BUSINESS WIRE)--PPG (NYSE: PPG), een wereldleider in verven, coatings en speciale materialen, heeft vandaag aangekondigd dat het een definitieve overeenkomst heeft bereikt om zijn silicaproductenbedrijf te verkopen voor ongeveer $310 ... read more
PPG reaches agreement to sell silicas products business to QEMETICA
PITTSBURGH--(BUSINESS WIRE)--PPG (NYSE: PPG), a global leader in paints, coatings, and specialty materials, today announced that it has reached a definitive agreement to sell its silicas products business for approximately ... read more
Double digit growth in global air cargo demand extends into July: IATA
LONDON (ICIS)--Global air cargo markets saw robust double-digit growth in July 2024, marking a significant annual increase for another month, according to the latest data from the International Air ... read more
Kunststoffmesse im Oktober: Welche Highlights hat die Fakuma 2024 zu bieten?
Die diesjährige Fakuma hat neben den Innovationen der ausstellenden Unternehmen weitere Highlights zu bieten. Teilnehmende des Karriere-Freitags können Gutscheine für einen 60-minütigen Zeppelinflug gewinnen. Die zweite Auflage des Round Tables ... read more
Stratasys Releases Second Quarter 2024 Financial Results
MINNEAPOLIS & REHOVOT, Israel--(BUSINESS WIRE)--Stratasys Ltd. (Nasdaq: SSYS) (“Stratasys” or the “Company”), a leader in polymer 3D printing solutions, today announced financial results for the second quarter 2024. Second Quarter ... read more
NSF Certifies RFL Pipe & Fittings as the First Client in Bangladesh to NSF/ANSI/CAN 61 and NSF/ANSI/CAN 372
DHAKA, Bangladesh--(BUSINESS WIRE)--NSF, a leading public health and safety organization in the water industry, announced today that RFL Pipe & Fittings (“ RFL Pipe & Fittings”), a Bangladeshi manufacturer of ... read more
VION Biosciences Acquires Second Asset in August, Immunoassay Development Company Ansh Labs
CHARLOTTESVILLE, Va.--(BUSINESS WIRE)--VION Biosciences, a life science platform company focused on specialty materials in the life science research, diagnostic, and drug discovery spaces, announces its second acquisition this August with ... read more
EU car sales growth slows in July, battery electric share falls
LONDON (ICIS)--Car sales in the EU rose 0.2% in July year on year while battery-electric cars reduced their share of the market, according to data released by the European Automobile ... read more
Bessere Qualitätskontrolle beim Spritzgießen: TH Köln: KI-Anwendung zur visuellen Fehlererkennung
Um die Qualitätskontrolle beim Spritzgießen zu verbessern und zu beschleunigen, hat die TH Köln gemeinsam mit zwei Industriepartnern eine automatisierte, kamerabasierte KI-Lösung entwickelt und erprobt. ... read more
Syngenta Group Reports H1 2024 Earnings
BASEL, Switzerland & SHANGHAI--(BUSINESS WIRE)--Syngenta Group today announced financial results for the first half and the second quarter of 2024. Sales for the first half of 2024 were $14.5 billion, ... read more
Mexico Rail Logistics and Supply Chain Services
Mexico’s rail and logistics system forms the backbone of the country’s rapidly growing industrial and trade sectors. With over 26,000 kilometers of track crisscrossing the nation, the Mexican railroad network ... read more
CF Industries Holdings, Inc. to Participate in Upcoming Investor Conference
NORTHBROOK, Ill.--(BUSINESS WIRE)--CF Industries Holdings, Inc. (NYSE: CF) today announced that the Company will present at the UBS Global Materials Conference at 10:30 am ET on Wednesday, September 4, 2024. ... read more
LSB Industries, Inc. to Participate in Upcoming Investor Conferences
OKLAHOMA CITY--(BUSINESS WIRE)--LSB Industries, Inc. (“LSB”), (NYSE: LXU), today announced that its EVP & Chief Financial Officer, Cheryl Maguire will be participating in the following conferences: Jefferies Industrials Conference on ... read more
DXP Enterprises, Inc. Announces New Share Repurchase Program
HOUSTON--(BUSINESS WIRE)-- #CFOwork--DXP Enterprises, Inc. (NASDAQ: DXPE) today announced that its Board of Directors authorized a new stock repurchase program (the “program”) under which up to $85.0 million or 2.5 ... read more
China mired in Great Depression era economics – economist
HOUSTON (ICIS)--China is mired in the Great Depression economics of 1931, and it is attempting to export its way out of the slump, an economist warned on Wednesday. "China is ... read more
Europe August PX contract price tumbles on big drops in feedstock costs, Asia PX values
LONDON (ICIS)--The Europe paraxylene (PX) August contract reference price decreased by €65/tonne over July, driven by softer feedstock mixed xylenes (MX) costs and PX values in the influential ... read more
Risk of French power export curbs extends into September – RTE
Further potential French export curtailments to take place between 2-29 September Hot weather in Italy could lead to a rising premium to France Curtailments to kick in if exports exceed ... read more
European refinery solvents FD spot prices mixed, restocking intentions unclear
LONDON (ICIS)--European free delivered (FD) spot prices for the refinery solvents hexane, solvent naphtha (C9) and white spirit were mixed this week, with slight average increases for C9 and white ... read more
Germany: Prospects subdued, consumers worry about jobs
LONDON (ICIS)--Germany’s economy is set to flatline in the current third quarter, after shrinking in Q2, as the country’s industrial producers are in a “critical” situation and consumers are ... read more
Europe August caprolactam contract prices lower
LONDON (ICIS)--European caprolactam (capro) contract prices for August decreased from July, following and in many cases outweighing hefty drop in the contract price of key feedstock benzene. ICIS ... read more
EVENING SNAPSHOT – Europe Markets Summary
CRUDE: Lower as investors await US inflation data later this week, declines in US crude stocks curb losses. NAPHTHA: Drops following weaker crude, crack spread. BENZENE: Range stable amid few ... read more
Lego Set to Pay Up to 70% More for Certified Renewable Resin
Company pledges to make all of its products from renewable and recycled materials by 2032. ... read more
Austria’s need for expensive northwest Europe gas imports may be overstated
Traders consider VTP front month premium to TTF overvalued Norwegian maintenance could lift TTF, narrowing VTP-TTF spread Market to keep eye on monthly payments to Gazprom which keep Austria ... read more
Europe gasoline margins tumble on slowing demand, naphtha crack stays firm
LONDON (ICIS)--European gasoline margins fell to single digits earlier this week following weak demand while the naphtha crack spread has exhibited greater resilience to this softness, staying fairly ... read more
Europe's phenol and acetone markets prepare to restock amid busy turnaround season
LONDON (ICIS)--As the European phenol and acetone markets approach the end of the summer holiday period, the focus turns to the appetite for restocking and how well-prepared the markets are ... read more
Plastics in Rigid Packaging Global Report 2024-2030: Plastics in Rigid Packaging are Experiencing Transformational Growth Due to Innovative Business Models and the Rising Emphasis on Sustainability – ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--The "Plastics in Rigid Packaging Market, Global, 2024 2030" report has been added to ResearchAndMarkets.com's offering. Rigid packaging creates growth opportunities for raw material suppliers, converters/packaging manufacturers, recycling companies, ... read more
Plastics in Rigid Packaging Global Report 2024-2030: Plastics in Rigid Packaging are Experiencing Transformational Growth Due to Innovative Business Models and the Rising Emphasis on Sustainability – ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--The "Plastics in Rigid Packaging Market, Global, 2024 2030" report has been added to ResearchAndMarkets.com's offering. Rigid packaging creates growth opportunities for raw material suppliers, converters/packaging manufacturers, recycling companies, ... read more
Alleguard Invests in Harbor Foam
ROSEMONT, Ill.--(BUSINESS WIRE)--Foam Holdings, Inc. (d/b/a “Alleguard”), a Wynnchurch Capital, L.P. (“Wynnchurch”) portfolio company, announced the acquisition of Harbor Foam, LLC (“Harbor Foam” or the “Company”). Headquartered in Grandville, Michigan, ... read more
MID-YEAR REVIEW: Hungary’s gas surplus boosts hub discount, spot sales
Hungary to continue importing Russian gas from south after steady H1 2024 flows This will likely keep prices at the Hungarian hub low and encourage spot sales LNG, Azeri, Turkish ... read more
Europe epoxy early price talks point to stability for September
LONDON (ICIS)--Epoxy September contract price discussions in Europe are at an early stage, with market fundamentals relatively stable versus August, when prices rolled over month on month. Demand ... read more

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KAVI IS iCOMMEX Platform v 02.25 Sunday, September 8, 2024

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