Plastics
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29 Jul 2010
Clariant further improves profitability based on better demand and reduced cost base
· Q2 sales up 20% in local currencies and 18% in CHF as global economic activity continued to rebound year on year
· Q2 operating income before exceptional items rose to CHF 211 million compared to CHF 69 million a year ago and CHF 183 million in the first quarter, mainly driven by higher sales volumes
· Q2 operating income margin before exceptional items reached 11.1% compared to 4.3% a year ago
· Q2 cash flow from operations amounted to CHF 33 million from CHF 184 million in the previous year given a volume-related temporary increase in inventories and trade receivables
· Outlook: Against the backdrop of an anticipated softening of the global economy, Clariant expects lower sales growth in the second half of the year with demand remaining solid. Clariant guides for sales growth in the high-single digit percentage range and an operating margin before exceptionals for the full-year above 8%.
23 Jul 2010
DSM ENGINEERING PLASTICS DEMONSTRATES SUSTAINABILITY LEADERSHIP WITH CRADLE-TO-CRADLE CERTIFICATION OF FIVE PERFORMANCE MATERIALS
DSM Engineering Plastics today announces that five of its performance materials have been awarded Cradle to Cradle® certification by the internationally renowned sustainable design firm, McDonough Braungart Design Chemistry (MBDC)
Weight reduction was a key driver for Viking, one of the world’s leading producers of ice skates. The latest generation of Viking ice skates is now completely made in plastic – except for the metal blade. Supported by DSM’s technical expertise and its Design Centre, a representative from Ashland, a leading distributor for the plastics processing industry, selected 60% glass filled Akulon® Ultraflow™ K-FG12 BLK, for the various parts of the new skates.
Quadrant is expanding design and performance possibilities for machined parts in high temperature applications with the launch of Duratron® D7000 PI polyimides and modified PEEK Semitron® MP370. The new materials provide cost-effective solutions to the performance gaps currently facing machine designers and engineers.
Ghent, Belgium – 13 July, 2010 – Increasing sustainability through additive innovation is central to the many cutting-edge developments for polyolefins to be presented by Milliken at K 2010. Milliken will showcase pioneering possibilities in optical enhancement and processing improvements for packaging, automotive and technical applications, with the added bonus of energy reduction, less material consumption, and more cost-effective production.
URMOND (NL), 7 July 2010 - Use of 