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Clariant rejects LyondellBasell’s allegations against four companies related to the 2020 competition law infringement
Globenewswire· 2025-07-18 05:00
AD HOC ANNOUNCEMENT PURSUANT TO ART. 53 LR Muttenz, 18 July 2025 Clariant, a sustainability-focused specialty chemical company, today announced that on 16 July 2025, the company received a claim for damages against four companies, including Clariant, from LyondellBasell with the court of Amsterdam, The Netherlands. The claim alleges damages totaling to around EUR 1.6 billion in relation to infringement of competition law on the ethylene purchasing market which was sanctioned by the European Commission in Ju ...
Graphjet provides Nasdaq hearing update
Globenewswire· 2025-07-17 21:20
Core Insights - Graphjet Technology, a developer of patented technologies for producing graphite and graphene from agricultural waste, is currently undergoing a hearing with the Hearing Panel regarding its compliance with Nasdaq listing requirements [1][3] - CEO Chris Lai has committed to filing the Company's Forms 10Q for the periods ending December 31, 2024, March 31, 2025, and June 30, 2025 by mid-September 2025 [2] - The Hearing Panel is expected to make a decision on the Company's continued listing within two weeks following the hearing [3] Company Overview - Graphjet Technology Sdn. Bhd. was founded in 2019 in Malaysia and is recognized for its innovative approach to producing graphene and graphite [4] - The Company utilizes a patented technology to recycle palm kernel shells, a waste product from palm seed oil production, to create single-layer graphene and artificial graphite [4] - Graphjet's sustainable production methods aim to transform the global graphite and graphene supply chain [4]
Syensqo Appoints Two New Board Members
Globenewswire· 2025-07-17 15:31
Syensqo Appoints Two New Board Members Brussels, Belgium – July 17, 2025 - 17:30 CEST New Directors Bring Industry, Innovation and Leadership Experience to Advance Syensqo’s Evolution to a Specialty Chemicals Company SYENSQO SA (“Syensqo” or “the Company”) is pleased to announce the appointment of Dr. Cynthia Arnold and Augusto Di Donfrancesco as new members of its Board of Directors, effective July 17, 2025. They replace Matti Lievonen and Nadine Leslie who are stepping down from the Board to pursue other ...
Balchem Corporation Announces Quarterly Conference Call for Second Quarter 2025 Financial Results on July 31, 2025
GlobeNewswire News Room· 2025-07-17 11:00
Core Viewpoint - Balchem Corporation will hold a conference call on July 31, 2025, to discuss its second quarter 2025 results, with key executives participating [1][2]. Group 1: Conference Call Details - The second quarter results will be published before the market opens on July 31, 2025, and will be available on the company website [2]. - Participants can join the live call by dialing specific numbers or listening to the live webcast [3]. - The conference call will be available for replay for one year after the event [3]. Group 2: Company Overview - Balchem Corporation develops and markets specialty ingredients aimed at enhancing health and well-being across various industries [4]. - The company operates in three segments: Human Nutrition & Health, Animal Nutrition & Health, and Specialty Products [4]. - The Human Nutrition & Health segment focuses on customized food and beverage ingredients, while the Animal Nutrition & Health segment supplies products for animal health markets [4].
Borregaard ASA: EBITDA1 of NOK 522 million in the 2nd quarter
Globenewswire· 2025-07-16 05:00
Financial Performance - Operating revenues increased to NOK 2,045 million in Q2 2025, up from NOK 1,949 million in the same period last year [1] - EBITDA reached NOK 522 million, compared to NOK 510 million in the previous year [1] - Profit before tax was NOK 326 million, slightly up from NOK 322 million [2] - Earnings per share increased to NOK 2.56 from NOK 2.45 [2] Segment Performance - BioSolutions saw improved results driven by continued growth in sales to agriculture [2][3] - BioMaterials experienced an increase in results due to higher sales prices, improved product mix, and increased sales volume, although this was partly offset by higher wood costs [2] - Fine Chemicals reported a weaker result primarily due to lower sales prices for bioethanol [2] Market Conditions - Positive net currency effects were noted across all areas [2] - The company’s President and CEO highlighted strong sales to agriculture and price increases for specialty cellulose as key drivers for improved results in BioSolutions and BioMaterials [3]
Stepan to Announce Second Quarter 2025 Results on July 30, 2025
Prnewswire· 2025-07-15 20:01
Core Viewpoint - Stepan Company will release its second quarter 2025 earnings results on July 30, 2025, followed by a conference call to discuss financial and operational performance [1][2]. Company Profile - Stepan Company is a major manufacturer of specialty and intermediate chemicals, particularly known for surfactants used in cleaning and disinfection products, as well as polyurethane polyols for thermal insulation [4]. - The company operates modern production facilities across North and South America, Europe, and Asia, and its stock is traded on the NYSE under the symbol SCL [5].
Corian® Design Launches "WOW That's Corian®!" to Showcase the Evolution and Future Possibilities of Solid Surface Design
Prnewswire· 2025-07-15 14:01
Core Insights - The launch of the "WOW That's Corian®!" global marketing campaign by Corian® Design highlights the innovative and versatile applications of Corian® Solid Surface beyond traditional uses, showcasing its evolution in modern design [1][2][4] - The campaign aims to connect with architects and designers by emphasizing the material's creative potential and performance across various industries, including healthcare, education, hospitality, and food service [2][4][5] Company Overview - Corian® Design, a division of DuPont Water & Protection, specializes in advanced materials for interior design and architecture, with a focus on beauty, functionality, and durability [8] - The Corian® brand is recognized for its pioneering role in solid surface materials, continuously evolving its product offerings to meet market demands [8][9] Product Features - Corian® Solid Surface is characterized by exceptional design versatility, available in a wide range of colors and capable of being thermoformed, backlit, and engraved, contributing to sustainable design by reducing replacement needs [3][4] - The material's non-porous, hygienic surface makes it ideal for high-touch areas in healthcare, while its adaptability supports dynamic learning environments in educational settings [4][6] Market Applications - In healthcare, Corian® Solid Surface is used for patient rooms and nurse stations due to its easy-to-clean properties and aesthetic appeal [4] - In educational environments, it fosters collaboration and creativity through sculptural designs and hygienic dining areas [4] - The hospitality industry benefits from Corian® Solid Surface in creating memorable guest experiences with unique design elements [4][5] Design Trends - The evolution of Corian® Solid Surface aligns with current design trends, including biophilic design and warm minimalism, with collections like Nature's Canvas reflecting nature-inspired aesthetics [6][7] - The material provides architects and designers with aesthetic freedom and functionality, enabling the creation of contemporary yet timeless spaces [7]
Magnera to Report 2025 Third Quarter Results on August 6th
Globenewswire· 2025-07-15 14:00
Company Overview - Magnera Corporation (NYSE: MAGN) serves over 1,000 customers globally, providing a diverse range of material solutions including components for absorbent hygiene products, protective apparel, wipes, specialty building and construction products, and products for the food and beverage industry [3] - The company operates across 46 production facilities and is supported by more than 9,000 employees worldwide [3] Upcoming Financial Results - Magnera is set to release its 2025 third quarter results before trading on the New York Stock Exchange on August 6, 2025 [1] - A conference call to discuss the financial results will take place at 10:00 a.m. ET on the same day, with options for Q&A and a webcast available [2] Company Mission and History - Magnera's mission is to improve the world by providing new possibilities through material solutions, having delivered these solutions for over 160 years [4] - The company has consistently adapted to economic challenges, global pandemics, and changing customer needs, maintaining strong partnerships and a comprehensive product portfolio [4]
Operations leadership changes announced at Ashland
Globenewswire· 2025-07-14 21:00
Core Insights - Ashland Inc. announced the retirement of Karl Bostaph, senior vice president of operations, effective October 1, 2025 [1] - Wayne Muil, global director of operations for specialty additives, will succeed Bostaph in the role of senior vice president of operations [3][4] Leadership Transition - Bostaph has been with the company since 1990, holding various roles in Research and Development, Quality, Engineering, and Manufacturing [2] - Muil joined Ashland in 2024 and has over 25 years of experience in the chemical industry, including leadership roles at Sadara Chemical Company [5][6] - Muil is recognized for his strategic vision and expertise in operational excellence, safety, and innovation across global production facilities [7] Company Overview - Ashland Inc. is a global additives and specialty ingredients company focused on environmental, social, and governance (ESG) initiatives [8] - The company serves diverse markets, including architectural coatings, construction, energy, food and beverage, personal care, and pharmaceuticals, with a workforce of approximately 2,960 employees [8]
Solvay revises its 2025 underlying EBITDA outlook and confirms its Free cash flow guidance
Globenewswire· 2025-07-14 17:18
Group 1 - Solvay is facing a challenging market environment in Q2 2025, influenced by global tariff discussions and geopolitical tensions, leading to reduced demand and slower order books, particularly in soda ash end-markets and the Coatis business unit [1] - The company has updated its 2025 outlook, now expecting underlying EBITDA to be between €880 million and €930 million, down from a previous range of €1.0 billion to €1.1 billion [2] - Solvay anticipates Free Cash Flow from continued operations to be around €300 million, with a maximum of €300 million in capital expenditures, reflecting a focus on cash generation and dividend coverage [3] Group 2 - In Q2 2025, Solvay expects an underlying EBITDA of approximately €230 million, which includes a one-off revenue gain of around €20 million from the Special Chem business unit [3] - The company will not provide further comments ahead of the Q2 2025 earnings release scheduled for July 30 [4] - Solvay, a leading chemical company with a history dating back to 1863, reported underlying net sales of €4.7 billion in 2024 and is committed to sustainability and a carbon-neutral future by 2050 [4]