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Mitsui Chemicals Group donates posica™ kukkiri™ film to Jamiyah Nursing Home
Businesswire· 2025-09-18 00:00
Group 1 - Mitsui Chemicals Singapore R&D Centre donated 60 million of posica™ kukkiri™ film to Jamiyah Nursing Home [1] - The donated film will be installed in two floors of wards at the nursing home [1]
Nolan Capital, Inc. (“Nolan Capital” or “Nolan”) Announces an Agreement to Sell Its Portfolio Company Water Engineering Inc. (“WEI”) to Kemira Oyj (“Kemira”)
Businesswire· 2025-09-16 22:32
Core Insights - Nolan Capital, a family office focused on middle-market investments, has agreed to sell its portfolio company Water Engineering to Kemira, a leader in sustainable chemical solutions for water-intensive industries [1] - The transaction is anticipated to close before the end of 2025, pending regulatory approvals and customary closing conditions [1] Company Overview - Nolan Capital is based in Hermosa Beach, California, and specializes in investing in leading middle-market companies [1] - Kemira, headquartered in Helsinki, Finland, is recognized for its sustainable chemical solutions aimed at water-intensive industries [1] Transaction Details - The sale of Water Engineering to Kemira marks a strategic move for both companies, aligning with Kemira's focus on sustainability [1] - The completion of the transaction is subject to regulatory approvals, indicating a standard process for such deals in the industry [1]
Dow Inc. Sued for Securities Law Violations - Contact Levi & Korsinsky Before October 28, 2025 to Discuss Your Rights – DOW
Globenewswire· 2025-09-16 21:15
NEW YORK, Sept. 16, 2025 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP notifies investors in Dow Inc. ("Dow Inc." or the "Company") (NYSE: DOW) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Dow Inc. investors who were adversely affected by alleged securities fraud between January 30, 2025 and July 23, 2025. Follow the link below to get more information and be contacted by a member of our team: https://zlk.com/pslra-1/dow-inc-lawsuit-submission-form?prid ...
Dow Inc. (DOW) Investors Who Lost Money Have Opportunity to Lead Securities Fraud Lawsuit
Prnewswire· 2025-09-16 20:12
Core Viewpoint - Investors with substantial losses in Dow Inc. have the opportunity to lead a securities fraud class action lawsuit against the company, alleging that Dow misrepresented its financial stability and the impact of macroeconomic challenges on its business [1][3]. Summary by Sections Lawsuit Details - The lawsuit claims that from January 30, 2025, to July 23, 2025, Dow failed to disclose critical information regarding its financial health, particularly its ability to manage macroeconomic and tariff-related challenges [3]. - Allegations include that Dow overstated its financial flexibility to support dividends and understated the negative impacts of competitive pressures, declining global sales, and product oversupply on its business [3]. Investor Participation - Investors who suffered losses are encouraged to contact the Law Offices of Howard G. Smith before October 28, 2025, to participate in the ongoing lawsuit [2][4]. - Participation does not require immediate action; investors may choose to retain counsel or remain absent from the class action [5].
Young people worst hit by Reeves’s jobs squeeze
Yahoo Finance· 2025-09-16 17:28
Economic Overview - The UK's jobs market is showing signs of weakness, with average regular earnings excluding bonuses rising by only 4.8% in July, the slowest pace since June 2022 [2][74] - The number of job vacancies has fallen for the 38th consecutive month, dropping to 728,000 in the three months to August from a peak of 1.3 million in 2022 [2][67][42] - Payroll employment has decreased by 153,000 since October last year, with a decline of 8,000 in August alone, indicating a trend of shrinking workforce [3][70] Impact of Government Policies - The decline in job numbers is attributed to the tax increases implemented by Chancellor Rachel Reeves, which included a £40 billion tax hike and increased National Insurance Contributions [5][6][70] - The retail sector has been particularly hard hit, with jobs in retail falling to a record low of 2.78 million, down by 97,000 from the previous year [53][54] - The Employment Rights Bill and rising costs are seen as significant barriers to hiring, with 45% of business leaders citing employment regulation as a major obstacle to growth [38][36] Youth Employment Challenges - Young people have been disproportionately affected, with 51,000 fewer under-25s in payrolled work since April, largely due to rising employment costs and increased competition from lower-skilled migration [5][14] - The number of under-30s on out-of-work benefits has risen by 66,000 since the General Election, highlighting the challenges faced by this demographic in securing employment [5][13] Future Economic Outlook - Economists predict that the Bank of England will maintain interest rates at 4% for the remainder of the year, as wage growth remains above inflation, which was recorded at 3.8% in July [9][60][71] - The overall economic environment suggests that the UK may face further turbulence, with the unemployment rate potentially exceeding 5% in the coming months due to rising costs and weakening demand [68][69]
DuPont Announces Amendment to Exchange Offers and Consent Solicitations for Senior Notes
Prnewswire· 2025-09-16 12:45
Core Viewpoint - DuPont de Nemours, Inc. is amending its exchange offers for existing notes to facilitate the issuance of new notes, while also soliciting consents for proposed amendments to the existing indenture governing these notes [1][2]. Exchange Offers - DuPont is offering to exchange its outstanding 4.725% Notes due 2028, 5.319% Notes due 2038, and 5.419% Notes due 2048 for new notes with the same interest rates and maturities [1]. - The exchange offers are set to expire on September 30, 2025, unless extended or terminated [9]. Consent Solicitation - As of September 15, 2025, the necessary consents for the proposed amendments regarding the 2028 Notes have been received, leading to the execution of a supplemental indenture [2]. - The proposed amendments for the 2028 Notes will only become operative once the new notes are issued and the applicable early participation payment is made [2]. Consideration Structure - Eligible holders of existing notes can receive an early participation payment of $50 in new notes and $2.50 in cash for each $1,000 principal amount of existing notes tendered before the early participation date [3]. - The total consideration for each $1,000 principal amount of existing notes validly tendered includes $950 in new notes plus the early participation payment [3][4]. Proration and Sublimits - If the requisite consents for the 2038 and 2048 Notes are not received, DuPont plans to waive the minimum tender condition and accept existing notes up to specified sublimits: $400 million for the 2038 Notes and $860 million for the 2048 Notes [6]. - In cases where the tendered amount exceeds the sublimits, a pro rata basis will be used to determine the amount accepted for exchange [6][7]. Redemption Plans - If the principal amount of either the 2038 or 2048 Notes tendered is less than the applicable sublimit, DuPont intends to redeem additional amounts of new or outstanding 2028 Notes [8]. Additional Information - Documents related to the exchange offers will be distributed only to eligible holders who meet specific criteria [9]. - The new notes have not been registered under the Securities Act and may not be offered or sold in the U.S. except under certain exemptions [10].
The Gross Law Firm Reminds Shareholders of a Lead Plaintiff Deadline of October 28, 2025 in Dow Inc. Lawsuit – DOW
Globenewswire· 2025-09-15 20:00
Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of Dow Inc. regarding a class action lawsuit, encouraging those who purchased shares during a specified period to contact the firm for potential lead plaintiff appointment [1][3]. Summary by Relevant Sections Class Period and Allegations - The class period for the lawsuit is from January 30, 2025, to July 23, 2025 [3]. - Allegations include that Dow Inc. made materially false and misleading statements regarding its ability to handle macroeconomic and tariff-related challenges, overstating its financial flexibility to support dividends [3]. - The complaint claims that the negative impacts of competitive pressures, declining global sales, and product oversupply on Dow's business were understated, leading to misleading public statements [3]. Next Steps for Shareholders - Shareholders are encouraged to register for the class action by the deadline of October 28, 2025, to participate in the case without any cost or obligation [4]. - Registered shareholders will receive updates through a portfolio monitoring software throughout the case lifecycle [4]. Firm's Commitment - The Gross Law Firm is recognized for its commitment to protecting investors' rights against deceit and fraud, aiming to ensure responsible business practices by companies [5].
IFRS Foundation names new trustee
Yahoo Finance· 2025-09-15 09:56
Core Viewpoint - The IFRS Foundation has appointed Hans-Ulrich Engel as the new trustee, effective immediately, with a term set to continue through 2028, potentially extendable [1][3]. Group 1: Appointment Details - Hans-Ulrich Engel, former vice-chairman and CFO of BASF, brings extensive expertise in finance, international business, and leadership to the IFRS Foundation [1][2]. - Engel's responsibilities will include overseeing the foundation's governance and strategy, particularly concerning the IASB and ISSB [1]. - Engel's appointment follows the departure of Erhard Schipporeit, and it has been sanctioned by the IFRS Foundation Monitoring Board [3]. Group 2: Engel's Background - Engel has a 35-year career at BASF, holding various senior positions, including vice chairman of the Board of Directors and chief digital officer, with experience in both Germany and the US [2]. - Currently, Engel serves on the boards of DHL Group and Harbour Energy, and presides over the Heinz Hermann Thiele Family Foundation's board of trustees [2]. Group 3: Statements and Future Directions - Engel expressed his privilege in being appointed and looks forward to supporting the Foundation's role in shaping international accounting and sustainability disclosure standards [3]. - IFRS chair Erkki Liikanen welcomed Engel, highlighting his extensive experience and leadership as invaluable to the group of Trustees [4]. - In July, the IFRS released advanced draft examples to aid companies in disclosing financial uncertainties, particularly related to climate scenarios [4][5].
行业聚焦:全球离子液体市场头部企业份额调研(附Top10 厂商名单)
QYResearch· 2025-09-15 04:17
Core Viewpoint - Ionic liquids are gaining attention due to their unique properties such as low volatility, high thermal stability, and excellent solvation capabilities, with a projected global market size of $270 million by 2031 and a CAGR of 9.3% from 2025 to 2031 [1][9]. Market Overview - The global ionic liquid market is expected to reach $270 million by 2031, with a CAGR of 9.3% [1]. - The market is primarily driven by increasing regulatory pressure on hazardous solvents, advancements in production technology, and ongoing R&D efforts to explore new applications [9]. Key Players - Major manufacturers in the ionic liquid market include BASF, Evonik Industries, Solvay, Merck, KOEI Chemical, Sanyo Chemical, Proionic, Solvionic, IoLiTec, and Zhejiang Lande Energy Technology [6]. - The top five manufacturers are projected to hold approximately 65.0% of the market share in 2024 [6]. Market Segmentation - The ionic liquid market can be segmented by product type and application, with common applications including solvents, catalysts, and electrolytes in batteries and fuel cells [7][8]. Driving Factors - Regulatory pressure from agencies like the EPA is creating opportunities for ionic liquids as safer and more sustainable alternatives [9]. - Investment in research infrastructure and manufacturing processes is essential to support the commercialization of ionic liquids [9]. - Continuous R&D is expanding the potential applications and improving the performance of ionic liquids through tailored combinations of cations and anions [9]. Challenges - High synthesis costs and limited commercial availability of certain ionic liquids may hinder broader industrial applications [10]. - Existing technologies and solvents pose competition, making it challenging to persuade industries to switch to ionic liquids [10].
DOW INVESTOR NOTICE: Dow Inc. Investors with Substantial Losses Have Opportunity to Lead Investor Class Action Lawsuit
Prnewswire· 2025-09-13 02:00
Core Viewpoint - The article discusses a class action lawsuit against Dow Inc. for alleged violations of the Securities Exchange Act of 1934, focusing on misleading statements regarding the company's financial health and ability to manage macroeconomic challenges during a specified class period [1][4]. Company Allegations - The lawsuit claims that Dow overstated its ability to handle macroeconomic and tariff-related challenges, as well as its financial flexibility to support dividends [4]. - It is alleged that Dow failed to disclose the true extent of negative impacts from competitive pressures, softening global sales, and product oversupply [4]. Financial Performance - On June 23, 2025, BMO Capital downgraded Dow's stock from "Market Perform" to "Underperform," reducing the price target from $29.00 to $22.00 due to ongoing weakness in key markets, which led to a stock price drop of over 3% [5]. - Dow reported a non-GAAP loss per share of $0.42 for Q2 2025, significantly worse than the expected loss of $0.17 to $0.18, with net sales of $10.1 billion, a 7.3% year-over-year decline, missing estimates by $130 million [6]. - Following the disappointing results, Dow's stock price fell by more than 17%, and the company announced a dividend cut from $0.70 to $0.35 per share to maintain financial flexibility [6]. Legal Process - Investors who purchased Dow securities during the class period can seek appointment as lead plaintiff in the lawsuit, which allows them to represent the interests of all class members [7]. Law Firm Background - Robbins Geller Rudman & Dowd LLP is a leading law firm specializing in securities fraud and shareholder litigation, having secured over $2.5 billion for investors in 2024 alone [8]. - The firm has a strong track record in obtaining significant recoveries in securities class action cases, including the largest recovery in history at $7.2 billion from the Enron case [9].