Plastics
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16 Feb 2011
Clariant successfully completes restructuring in 2010; profitability to further improve in 2011
• Full-year sales up 13% in local currency and 8% in CHF
• Operating income margin before exceptional items of 9.8% compared to 4.1% in 2009
• Cash flow from operations of CHF 642 million after CHF 757 million in the previous year
• Net debt reduced from CHF 545 million in 2009 to CHF 126 million
• Net income amounted to CHF 191 million compared to a net loss of CHF 194 million in 2009
• 2011 Outlook: Clariant expects a stable business environment in 2011, with growth mainly coming from the emerging markets. Based on this scenario, Clariant forecasts local currency sales growth in the low single-digit range and an EBITDA margin before exceptional items above that of 2010.
15 Feb 2011
ROPES WITH DYNEEMA® KEEP “PUSH COMBINATIONS” TOGETHER
The Netherlands, February 15, 2011 - Ropes made with Dyneema®, ultra-high molecular weight polyethylene (UHMWPE), are proving a safe and secure alternative to steel wire rope for connecting barges and vessels in “push combinations” working on inland waterways.
At just about the halfway stage, DSM Dyneema’s campaign to recruit 40 sea-faring skippers to test rigging made with Dyneema® and share their experiences online through social media is picking up a high response. 300 skippers so far have registered, with over 2,000 crewmembers and almost 700 Facebook fans following the competition.
As a result of continued escalations in the costs of key raw materials, DSM Engineering Plastics will increase prices on a global basis for its ARNITEL® and ARNITE® products. Effective 1 Feb 2011, DSM will increase prices for these products by at least 15% on a global basis.
Clariant Masterbatches releases 2012 trend analysis and color design tool
The Netherlands, February 3, 2011 - A salvage operation on a ship wreck 3200 meters below the surface of the South Atlantic has been successfully carried out thanks to the use of 