The global specialty-chemicals supplier Cognis, Monheim, Germany, reports net external sales of 1,715 million euros for the six months to June 30, 2006, a 7.0 percent increase compared to the same period in 2005. Adjusted EBITDA (earnings before net financial result, income taxes, depreciation, amortization and exceptional items) also grew by 7.0 percent to 214 million euros, and the company's overall profit margin was 12.5 percent.
Benda-Lutz Corporation (BLC) has opened the recent expansion to its plant in Independence, Ky. This second expansion in five years will increase capacity for its Blitz brand bonding service for the powder coating industry, allowing for reduced production lead times.
Flowserve Corp., Dallas, a global provider of fluid motion and control products and services, has announced the establishment of an award from the American Society of Mechanical Engineers (ASME), memorializing longtime Flowserve employee and pump technology expert Dr. Sankaraiyer Gopalakrishnan.
Perceptions regarding who is primarily responsible for innovation have expanded from the confines of the laboratory to include all employees of a company, according to a study of a cross-section of managers and professionals in manufacturing companies in the Americas, Asia and Europe. Dow Corning Corp., Midland, Mich, released the research results on August 23, 2006.
In 2007, for the first time, the six congresses previously organized parallel to the European Coatings Show are being integrated into a single, combined congress event, The Nürnberg Congress, from May 7-9.
The International Agency for Research on Cancer's (IARC) recent reclassification of titanium dioxide (TiO2) from a Group 3 to a Group 2B carcinogen has prompted the NPCA to reiterate previously obtained guidance received from the Occupational Safety and Health Administration (OSHA).
Cognis has received the 2005/2006 "Umweltschutzpreis" environmental award from the Federation of German Industries (BDI) in recognition of its Disponil® AFX surfactant systems.
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