31 Oct 2011
Operationally on track, Süd-Chemie on target
• Solid operational performance with differentiated demand picture from business to business, strong headwind from currencies; Catalysis & Energy with the expected pick-up in sales.
• Q3 sales up 25% in local currency and 9% in Swiss francs, driven by acquisitions and higher sales prices.
• Q3 EBITDA before exceptional items at CHF 216 million, down from CHF 232 million in the previous-year period, negative currency impact of CHF 73 million.
• Q3 EBITDA margin before exceptional items reached 11.6% compared to 13.6% a year ago; 13.4% at constant currencies
• Q3 cash flow from operations turned positive at CHF 105 million compared to CHF –101 million in Q2 2011 and CHF 173 million in Q3 2010
• Outlook: Clariant expects a similar trading environment to the third quarter until year-end 2011, characterized by further softening demand, volatile currencies and stable raw material costs. For the full-year 2011, Clariant confirms its guidance, with sales between CHF 7.0 and 7.2 billion and an EBITDA margin of 12.8% to 13.2%.
27 Oct 2011
DSM DYNEEMA LAYS DOWN LEGAL GAUNTLET;
REACHES SETTLEMENT WITH MAGID OVER MIS-USE OF DYNEEMA® BRAND
The Netherlands, October 27, 2011 - DSM Dyneema, the manufacturer of very high strength Ultra High Molecular Weight PolyEthylene (UHMWPE) fiber and owner of the Dyneema® brand, has agreed to a settlement with Magid Glove & Safety Manufacturing Company over Magid’s mis-use of the Dyneema® brand.
27 Oct 2011
DSM Engineering Plastics Extends its R&D Capacity with the New DSM China Science and Technology Center in Shanghai
Royal DSM N.V., the Life Sciences and Materials Sciences Company, has recently opened its China Science and Technology Center as an example of the company’s long-term commitment to the growth in China. The opening marks a new stage in the development of DSM Engineering Plastics, and further enhances its R&D capacity in both Chinese and Asian markets with localized innovations and applications tailor-made for Chinese and Asian customers. DSM Engineering Plastics is proud to contribute to China’s development in innovation and sustainability, particularly in the industries of Automotive, Electrical and Electronics.
27 Oct 2011
SABIC’s Ultem* PEI Low moisture absorption foam offers major weight-out, performance & cost benefits vs. PMI for aerospace applications
BERGEN OP ZOOM, The Netherlands – October 27, 2011 – SABIC’s Innovative Plastics strategic business unit is presenting the low moisture absorption of Ultem* polyetherimide (PEI) foam for composite aircraft structures. Ultem resin’s low-moisture absorption is critical in that it helps address two major aircraft OEM challenges: reducing weight for fuel conservation and emissions reduction, and lowering systems costs while delivering equal or better performance than traditional materials. Low moisture absorption combined with the proven flame-smoke-toxicity (FST), dielectric, acoustic and thermal performance of Ultem foam underscores the pioneering work of SABIC in engineering superior, world-renowned thermoplastic solutions for the aircraft industry.
26 Oct 2011
SABIC® PP helps meat tray maker ES-Plastic achieve important cuts in materials usage, costs and environmental impact
Sittard, the Netherlands – October 17, 2011 – A new meat tray from a well-known European packaging thermoforming company is 20 % lighter than its predecessor, thanks in part to a high performance polypropylene from SABIC.
26 Oct 2011
Clariant acquires Oberhausen Technology Center (OTC)
- Acquisition is part of company strategy to develop and strengthen ICS portfolio
- Clariant gains technological expertise in new formulation technologies and delivery systems to serve customer needs in the consumer care market
25 Oct 2011
Avery Dennison Press Kit CPhI
Avery Dennison is highlighting adhesive and labelling solutions to the stringent product integrity, performance and security challenges of the Pharmaceutical industry at Innopack 2011 (CPhI).
25 Oct 2011
Clariant boosts aircraft de-icer supply for coming winter
- New tolling agreements with Swedish, Russian partners
- Customers can track delivery status online, in real time
