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.
Cognis has received the 2005/2006 "Umweltschutzpreis" environmental award from the Federation of German Industries (BDI) in recognition of its Disponil® AFX surfactant systems.
Formed only in 1999, Becker Industrial Coatings Malaysia has outgrown its original manufacturing plant and has now successfully commissioned a larger plant of 5,500 square meters in Kota Kemuning, Selangor.
Akzo Nobel underlines its commitment to the North American automotive plastic coatings market by breaking ground on an 11,000-sq-ft production expansion project that will incorporate state-of-the art equipment and processes for plastics coatings.
Some 18 months after the signing of the joint venture agreement between Clariant and Hangzhou Baihe Chemical Co. Ltd. for the production of high-performance (HP) pigments in Hangzhou, southwest of Shanghai, China, the new facility has gone on-stream.
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