Chemicals
The companies featured on PressReleaseFinder are active in several industries.
12 Feb 2007
PPG posts record fourth quarter, full year sales for 2006
Feb. 12, 2007 – PPG Industries (NYSE:PPG), a world leading coatings, glass and chemicals manufacturer, has recently announced record fourth quarter and full year sales for 2006. Sales in the fourth quarter were $2.8 billion, surpassing fourth quarter 2005 record sales by 11 percent. For all of 2006, PPG recorded annual sales of 11 billion and net income of $711 million.
6 Feb 2007
PolyOne Celebrates 10th Year in China
SHANGHAI, 1st February, 2007 – This month marks PolyOne’s 10th year of operations in China. With over 500 employees and 2006 regional revenues exceeding US$100 Million, PolyOne’s Asia Operations are poised for a new era of growth in this highly dynamic environment. The company has built a legacy of quality, consistency and superior performance in meeting the stringent specifications of today’s global customers.
January 26, 2007 – Reichhold has named chemicals distributor Univar as the company’s new distribution partner for vinyl ester resins in the United Kingdom (UK) under the brand names DION® and HYDREX®.
Urmond (NL), January 26, 2007 – The “Tribunal de Grande Instance” of Paris, France, has ruled in favor of DSM Dyneema, the inventor and manufacturer of Dyneema®, the world’s strongest fiber™, in a patent infringement lawsuit instituted against Hangzhou Pivot International Co. Ltd., of Hangzhou, Zhejiang Province, China.
Ulsan, Korea, January 16, 2007 – Songwon Industrial Co., Ltd. announced today that the construction of its second dedicated manufacturing site for the production of phenolic and phosphite antioxidants is ahead of schedule and the plant start-up is now set for April 2007. Consistent with Songwon’s manufacturing strategy to provide economy of scale and security of supply, the project includes the back integration of key raw materials. In the first phase, this new manufacturing site will increase the Songwon capacity to about 55.000 tons, a 60% increase over the current capability. A second phase of expansion is already planned to bring total capacity to 80.000 tons and will be implemented as soon as the market demand will justify it.