Illinois Tool Works Inc. (ITW) reported its financial results for the second quarter of 2025 and updated guidance for full-year 2025. The company reported revenue of $4.1 billion, which represents an increase of 1%, with organic growth remaining flat. Foreign currency translation impact increased revenue by one percent. The company reported GAAP EPS of $2.58 […]
Due to supply and demand, OQ Chemicals will increase the price for n-butyl acetate produced by OQ Chemicals at Bay City, Texas, effective February 15, 2025, or as contracts allow. In North America and Mexico, n-butyl acetate will increase by $0.05/lb. In South American the product will increase by $110/mt, and it will increase by […]
For the third quarter of 2024, 3M reported sales of $6.3 billion, up 0.4% year-on-year, with organic sales down 0.1% year-on-year. The company’s adjusted sales were $6.1 billion, up 1.5% year-on-year with adjusted organic sales up 1.0% year-on-year. 3M reported an adjusted EPS of $1.98, up 18% year-on-year. “The 3M team delivered another quarter of […]
The Alliance for Chemical Distribution (ACD) recently sent a letter to the Federal Maritime Commission (FMC) to raise concerns about additional surcharges and detention and demurrage charges that terminal and ocean carriers intend to levy on shippers if the International Longshoremen’s Association (ILA) and the United States Maritime Alliance (USMX) fail to ratify a labor […]
Resin Solutions LLC announced a price increase for its Poly bd® products effective August 15, 2024. The company is implementing a $0.25/lb or 0.50 €/Kg price increase across all products and regions for its hydroxy terminated polybutadiene (HTPB) product line sold under the Poly bd tradename. The increase is effective for all deliveries on and […]
Henkel has achieved group sales of around €5.3 billion and generated strong organic sales growth of 3% in the first quarter of 2024. The company reports that the increase was driven by a positive price development in both business units. Volume development at group level, which is still being impacted by the portfolio measures in […]
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