6 May 2011
Clariant further expands operating margin
• Sales up 5% in local currencies on price increases, down 6% in CHF
• EBITDA margin before exceptional items at 16.1% compared to 12.9% in the previous year
• EBIT margin before exceptional items rose to 13.4% from 10.1% in Q1 2010
• Positive cash flow from operations of CHF 17 million
• Net income of CHF 120 million compared to CHF 10 million a year ago
• Süd-Chemie acquisition closed, integration process initiated; consolidation as of 21 April 2011
• 2011 outlook: Clariant expects a stable business environment in 2011, with growth mainly coming from the emerging markets. Based on this scenario and excluding Süd-Chemie, Clariant forecasts local currency sales growth in the low single-digit range and an EBITDA margin before exceptional items above that of 2010.
4 May 2011
MOOG TO HIGHLIGHT LATEST SOFTWARE AND TEST CONTROLLER DEVELOPMENTS AT AUTOMOTIVE TESTING EXPO EUROPE 2011
East Aurora, NY, USA, 04 May 2011 – Moog Industrial Group, a division of Moog Inc. (NYSE: MOG.A and MOG.B) will feature its latest innovations in automotive testing systems during the Automotive Testing Expo Europe in Stuttgart, May 17-19 2011.
3 May 2011
SABIC Innovative Plastics’ New Anti-Static and Low-Gloss/No-Paint Solutions Add Stylish High Quality to Automotive Interiors
BERGEN OP ZOOM, The Netherlands – May 3, 2011 – SABIC Innovative Plastics launched at the VDI conference two new specialty materials that make creating and maintaining high-quality, attractive automotive interiors much easier. The first new product is a Cycolac* acrylonitrile-butadiene-styrene/polycarbonate (ABS/PC) resin for elegant, low-gloss parts that eliminates the costs, wear problems and environmental downsides of secondary painting. The second innovation is a Geloy* polycarbonate/acrylonitrile styrene acrylate (PC/ASA) resin that provides permanent anti-static performance for a fresh, clean appearance of interior parts. The new Cycolac and Geloy resin materials – along with other high-tech thermoplastic resins and glazing in SABIC Innovative Plastics’ robust and growing portfolio of automotive materials – are on display at its booth, showcasing the company’s focus on driving next-generation breakthroughs to help global automotive customers enhance vehicle performance and consumer appeal.
3 May 2011
IOI Loders Croklaan Europe embraces savings potential of effective insulation at new Rotterdam facility
IOI Loders Croklaan, a leading global producer and supplier of vegetable oils and fats, recently opened its new facilities in the Port of Rotterdam. The new factory which produces enzymatically rearranged food ingredients, represents a significant breakthrough in the oils and fats industry in terms of innovation. The plant also meets with IOI Loders Croklaan’s long-term strategic goals in the area of sustainability. It features the latest technologies to recover heat, minimize CO2 emissions, and reduce energy wastage. When designing the plant, IOI Loders Croklaan worked closely with environmental surveyors to minimize impact to the local environment and ecosystems.
2 May 2011
Belden and FMN cooperate in the industrial WAN space
Partnering with FMN communications GmbH, Belden is now able to offer dedicated Hirschmann™ industrial WAN products, allowing its customers to deploy effective WAN solutions with the minimum learning curve.
2 May 2011
New senior executive appointments at Rapid Granulator
Bredaryd, Sweden – May 2, 2011 – Rapid Granulator AB today confirmed that Kirk Winstead has assumed the role of CEO for the Rapid Group. Officially appointed on April 12th, 2011, Winstead brings his 24 years of experience with Rapid Granulator Inc. and extensive industry expertise to the position. In the previous nine years he was President of Rapid Granulator Inc., based in Cranberry Township, Pennsylvania, USA. Winstead will oversee Rapid’s global operations and growth, building on its market-leading position and superior machine technology.
2 May 2011
Melio Aquabase® M-90
Easy to use and highly effective
Muttenz, 2 May, 2011 – Manually applied pre-basecoats to cover deep defects are state-of-the-art. Besides their very high upgrading potential, they have also shown their limitations. Under difficult climatic conditions it very often becomes hard to apply them homogeneously and to buff off any surplus.
2 May 2011
SABIC® Vestolen A RELY Achieves New Standards for Sustainability, Performance, Cost Effectiveness in HDPE Pipe Applications
Sittard, the Netherlands – May 2, 2011 – At the Wasser Berlin International, Berlin, Germany (Hall 3.2b Stand 103) SABIC, a global plastics industry leader, is showcasing the new SABIC® Vestolen A RELY family of tough, sustainable and cost-effective bimodal high-density polyethylene (HDPE) materials for pressure pipe applications. The SABIC® Vestolen A RELY portfolio offers converters considerable energy savings and enables environmentally responsible pipe installation. Further demonstrating its commitment to sustainable technologies, the company also presented today its revolutionary new Strain Hardening method, a fast, cost-efficient and highly accurate method for evaluating the slow crack growth resistance behaviour of HDPE. This Strain Hardening method avoids the use of detergents - that can pose an environmental hazard – and avoids the use of valuable drinking water.
