Coatings
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13 Nov 2024
SONGWON Industrial Group announces Q3/2024 Financial Results
SONGWON Industrial Group today published its Q3 financial results for 2024. During the quarter, SONGWON achieved consolidated sales of 285,779 Million KRW and reported a net profit of 11,492 Million KRW. When compared to the sales (Q3/2023: 247,867 Million KRW) and net profit (Q3/2023: 9,372 Million KRW) recorded in the previous year, this marked an increase of 15.3% and 22.6% respectively. For Q3/2024, SONGWON reported a gross profit margin of 17.6%, an increase of 2.9%-points from Q3/2023 (14.7%).
29 Oct 2024
Introducing Mondi’s IntegoBag - building towards a more sustainable construction industry
Mondi, a global leader in sustainable packaging and paper, has launched an alternative to paper bags with a free film barrier layer used in the construction industry. The new IntegoBag simplifies recycling and is designed to transport building materials and ensure their shelf life through protective barrier coatings instead of a free film. Mondi’s FunctionalBarrier Paper provides the required moisture barrier to protect the content, significantly reducing PE content in its new solution.
Archroma, a global leader in specialty chemicals towards sustainable solutions, today introduced the NTR Printing System to make bio-based pigment printing commercially possible for the first time. Based on renewable raw materials* and designed for safer chemistry, it helps apparel and textile brands reduce their environmental footprint while producing brilliant black shades on garments that deliver both comfort and durability.
Leading global specialty chemicals innovator Perstorp, a wholly owned subsidiary of PETRONAS Chemicals Group Berhad (PCG), receives a platinum medal for being among the top 1 percent of companies assessed for sustainability by EcoVadis.
Archroma, a global leader in specialty chemicals towards sustainable solutions, has announced that Rajiv Sharma has been appointed as the new Chief Executive Officer (CEO) with key responsibility for the Textile Effects business, effective October 1, 2024. Current Group CEO Mark Garrett will transition to the Archroma Board of Directors.
Leading specialty chemicals provider Perstorp completes its offer of C8-C10 Oxo Alcohols, by introducing Isononanol (INA), Iso-Dodecene and Oxo Oil 9N to the product portfolio. The new complete offer is made possible by utilizing synergies with Perstorp parent company PETRONAS Chemicals Group Berhad (PCG), one of the largest integrated chemicals producers in Southeast Asia and part of the PETRONAS Group. The plant has been operational since early August.