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SURFADOL

Surfactant

SURFADOL

by CHONGQING ACME TECH. CO., LTD
Logo DTB KIMYA İNŞAAT TUR.SAN.TİC.LTD.ŞTİ

Titanium dioxide TiO2

by TİOX280
alpha-Terpineol, 95%

green chemicals

alpha-Terpineol, 95%

by Foreverest Resources Ltd.
alpha-Pinene, 95%

green chemicals

alpha-Pinene, 95%

by Foreverest Resources Ltd.
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Kronos Q2 profits fall on rise in TiO2 feedstock costs
Pigment maker Kronos showed a fall in second-quarter profit because of lower sales prices and higher... raw material costs. Titanium dioxide producer Kronos reported a sharp drop in earnings for the second quarter of 2019, with lower pigment prices and higher raw material costs outweighing higher sales volumes. Kronos Worldwide reported a net income of $29.5 million in the three months to June 31, compared with $77.7 million in... (Article continues on link below)
VENATOR lost 13.28% on Friday. The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against Venator Materials PLC !!
The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against Venator Materials PLC and... Encourages Investors with Losses in Excess of $100,000 to Contact the Firm!!! The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against Venator Materials PLC (“Venator” or “the Company”) (NYSE: VNTR) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Investors who purchased the Company's securities between August 2, 2017 and October 29, 2018, inclusive (the ''Class Period''), are encouraged to contact the firm before September 30, 2019. According to the Complaint, the Company made false and misleading statements to the market. Venator’s Pori facility suffered a fire that damaged the property much worse than was disclosed to investors, leaving it beyond repair. The cost of the fire exceeded $1 billion, far beyond the limits of the Company’s insurance policy. The Company incurred massive fees in a futile effort to expedite repairs to the facility. Venator lost about 80% of the production capacity of the Pori facility. At the same time, the Company’s reported annual Titanium Dioxide production capacity had been inflated by about 15%. The Company paid over $600 million in restructuring charges and expenses associated with the closure and replacement of the Pori facility. Based on these facts, the Company’s public statements were false and materially misleading throughout the class period. When the market learned the truth about Venator, investors suffered ... (article continues on link below)
Axalta Draws Interest From Kansai Paint and PPG !!
Axalta Coating Systems Ltd., the car-paint maker exploring a sale, has drawn preliminary interest fr...om rival companies, according to people familiar with the matter. Kansai Paint Co. Ltd. and PPG Industries Inc. are among firms considering making offers, said the people, who asked to not be identified because the matter isn’t public. The Philadelphia-based company is in the early stages of soliciting offers from several parties with the aim of reaching a deal in the fall, one of the people said. Akzo Nobel NV said "at this time" it is "not participating in the process" after Bloomberg News reported that it was among parties that had shown preliminary interest, citing people familiar. "We carefully consider strategic opportunities as they arise and feel under no pressure to do anything different because our peer company has announced a strategic review," Akzo said in an emailed statement on Thursday. Axalta, which is backed by Warren Buffett’s Berkshire Hathaway Inc., rose 0.5% at 2:45 p.m. in New York after rising as much as 6.4%. Its stock has risen about 18% since announcing June 19 that it would review strategic alternatives, including a sale, giving it a market value of about $7.1 billion. Private equity firms are also looking, though interest has been lukewarm so far, the people said. Axalta hasn’t made a final decision on selling all or part of the company and bidders could end up opting against formal offers, they said. Representatives for Axalta and PPG Industries declined to comment. A representative for Kansai Paint didn’t immediately respond to a request for comment left outside of regular business hours. Axalta, led by President and Chief Executive Officer Robert Bryant, has been a takeover target for years. Activist investor Jana Partners took a stake and had been pushing the company to explore alternatives before it announced the review, people familiar with the matter said in June. The company, which makes coatings for vehicles or pipelines, held takeover talks in 2017 with Nippon Paint Holdings Co. Axalta went public in 2014, a year after private equity firm Carlyle Group LP acquired the company from DuPont. Source article on link below.
BASF to cut 6,000 jobs as part of major reorganization !!
BASF says it will cut 6,000 jobs, almost 5% of its workforce, by the end of 2021, as part of previou...sly announced plans to reshape its organization by simplifying structures and processes. BASF says it will streamline its administration and sharpen the roles of services and regions. The plans should result in savings of €300 million ($342 million), generating an additional €2 billion/year of earnings from the end of 2021, the company says. The planned job reductions will result from organizational simplification and from efficiency gains in administration and services, as well as in BASF's operating divisions, BASF says. In addition, central structures are being streamlined in the context of planned portfolio changes. BASF has not specified in which regions or businesses the jobs will be lost Customers to experience a "new BASF" "We will set up the new organization with a clear focus on leveraging synergies, reducing interfaces, and enabling flexiblity and creativity," says BASF chairman Martin Brudermüller. "We want our customers to experience a new BASF. To achieve this, we have to live a new BASF. We will therefore continue to develop our organization to work more effectively and efficiently." Customer-focused operating divisions, service units, and regions, as well as a lean corporate center, are the cornerstones of the new organization. The corporate center will consist of less than 1,000 employees and support BASF's board in steering the whole company. This includes central responsibilities in areas such as strategy, finance, legal, human resources, and communications. About 29,000 employees will be working in cross-functional service units, under the new structure. These include a newly established unit, Global Business Services, which will form a worldwide network of about 8,000 employees providing end-to-end services. They will support the business units with services including from the areas of finance, human resources, communications, and supply chain. Marc Ehrhardt, currently head of the finance division, will lead the Global Business Services unit. Other service units include Global Engineering Services and Global Digital Services, which in future will offer their services for individual sites or worldwide for business units. Meanwhile, the Global Procurement unit will make purchasing more effective, BASF says. The first of the planned changes will take effect on 1 January 2020. BASF, meanwhile, says it has agreed with employee representatives at the company's Ludwigshafen, Germany, complex to open negotiations early on a new site agreement. The current site agreement is valid until the end of December 2020. The goal is to sign a new agreement in the first half of 2020
Venator Responds to Tronox Answer and Counterclaims !!..
 
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@kimibiz @VENATOR lost 13.28% on Friday on the back of possible false and/or misleading statements following ...fire in #TiO2 P… https://t.co/h1hyo4Y6UB