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SKY

Beads

SKY

by Zhengzhou Sky Universe Trade CO.,LTD
SKY

Beads

SKY

by Zhengzhou Sky Universe Trade CO.,LTD
SKY

Beads

SKY

by Zhengzhou Sky Universe Trade CO.,LTD
SURFADOL

Surfactant

SURFADOL

by CHONGQING ACME TECH. CO., LTD
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AkzoNobel wraps up Mapaero deal to strengthen aerospace coatings business
Akzo Nobel N.V. has completed the acquisition of French aerospace coatings manufacturer Mapaero, whi...ch was first announced in July. The deal will strengthen AkzoNobel’s global position in aerospace coatings, notably in the structural and cabin coating sub-segments. Combining the world-class product ranges from both companies will also enable AkzoNobel to provide customers with a much wider portfolio of innovative and sustainable solutions – as well as contributing directly to its Winning together: 15 by 20 strategy. Established in 1992 and specializing in sustainable water-based and advanced eco-friendly products, Mapaero operates a production facility in France and has around 140 ( Article continues on link below)
Tronox earnings drop YOY on acquisition charges, lower TiO2 prices
Titanium dioxide (TiO2) producer Tronox (Stamford, Connecticut) has reported a third-quarter net los...s from continuing operations of $12 million, down from profit of $15 million in the year-ago period, mainly on costs related to the April 2019 acquisition of Cristal TiO2, but also reflecting lower zircon sales volumes, lower TiO2 selling prices, and currency exchange effects. Revenue totaled $768 million, down 8% year-over-year (YOY) on a pro-forma basis from $822 million. Adjusted earnings per share came to $0.21, up from $0.17 in the year-ago period and ahead of the average analyst estimate of $0.15 as compiled by Refinitiv (New York). "Our third quarter performance clearly demonstrated the inherent stability and resilience of our vertically integrated global footprint in a challenging global macro-economic environment,” says Jeffry Quinn, chairman and CEO. TiO2 pigment sales declined 4% YOY to $603 million, says Tronox; sales volumes increased 3%, but selling prices declined 7% on a US dollar basis. Zircon sales declined 35% YOY to $68 million. Selling prices dropped 4%, and sales volumes dropped 32% on softer market conditions, primarily in China. Feedstock and other products sales increased 9% YOY to $97 million on higher chloride-process slag sales. Adjusted EBITDA declined 14% YOY to $184 million on lower zircon sales volumes, lower TiO2 selling prices, unfavorable translation of the Euro, and higher operating costs due to production downtime. "Through the end of the third quarter, we have delivered total synergies of $45 million since closing the Cristal TiO2 acquisition,” says Quinn. “We are raising our target for total synergies in 2019 to $65 million. Our Adjusted EBITDA margin of...(Article continues on link below)
PPG Q3 sales slightly up, profit down
PPG Industries (NYSE: PPG), Pittsburgh, reported sales for the third quarter of $3.8 billion, up 0.2...% from the same period a year ago. Profit decreased 2.9% to $367 million. For the first nine months, sales were $11.5 billion, down 1.7% year-over-year. Profit for the period was $951 million, down 12.2% from the prior year.
Worlds first traceable ocean plastic fabrics through blockchain launched at Première Vision in Paris !
Waste2Wear is launching the world’s first collection of fabrics made from ocean plastics that will... be fully traceable using blockchain technology this September at the Première Vision Fabric Fair in Paris. The system, specially developed by Waste2Wear, is aimed to address customers’ demands for traceability of recycled ...( continue reading article on link below)
Asian TiO2 price weakens on falling Chinese demand !
 
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