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Tempur Sealy International, Inc. has provided an update on its targeted second quarter sales performance. According to a statement released on 27 May the company’s quarter-to-date orders have accelerated since the  first quarter earnings call, and it now targets total second quarter net sales growth of approximately 60 % as compared to the second quarter of 2019. The second quarter of 2019 was unaffected by COVID-19-related shutdowns at retail and provides a more meaningful comparison than the second quarter of 2020. The improved outlook has been driven by growth in demand for Tempur-Pedic products in the U.S., which are higher margin than the Company's average. The company expects to update full year sales and EPS guidance when it reports second quarter 2021 financial results.

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SI Group has announced plans to invest more than USD 50 million across three manufacturing sites in North America to install globally competitive main antioxidant capacity. The company said that this investment demonstrates its commitment to the expanding U.S. chemical market, with a focus on supplying strategically located, critical raw materials to key partners in the region. With SI Group’s current extensive antioxidant manufacturing footprint in the U.S. and backward integration, this planned expansion will increase its security of supply by offering a fully integrated portfolio of phenolic antioxidants in the U.S. These additives are broadly used in growth segments such as food packaging, automotive, construction, adhesives, and other applications.

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Huntsman has recently completed a major expansion and enhancement to its Arlington, TX, USA, manufacturing campus. (Source: Huntsman)

Huntsman Building Solutions has recently completed a major expansion and enhancement to its Arlington, TX, USA, manufacturing campus. With two of three phases now complete, the campus is one of the largest spray foam and coatings manufacturing facilities in the world.

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Vincentz Network, the organisers of the European Coatings Show, announced good news for the 2021 event scheduled for 14 – 16 September 2021. The Bavarian State Government decided on further easing of the Corona measures and named a clear opening perspective for the exhibition industry: if the infection situation continues to develop favorably, the resumption of exhibition operations is possible by September 1, 2021 at the latest. Bavaria thus intends to allow trade shows in time for the start of the European Coatings Show from 14 – 16 September 2021.

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IAL Consultants has announced the recent publication of its report on the markets for polyurethane chemicals and products in Asia Pacific. This new study updates and expands upon the information included in the previous study published in 2019.

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Chem-Trend, a specialist in the field of release agents, purging compounds and other specialised process chemicals, has founded a subsidiary in the Czech Republic on 1 April 2021: Chem-Trend CZ s.r.o., also opening an office in Prague.

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In Qatar, Sika has expanded its production capacity for concrete admixtures and has started manufacturing epoxy resins. With its enlarged portfolio and its local production capacity, Sika wants to exploit market potential and drive forward the focused expansion of its business in the region.

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Seven Fraunhofer Institutes are pooling their expertise in the lighthouse project Waste4Future to develop new solutions for adjustments in the value chains, from the raw material base to material flows and process engineering right to the end of a product's life cycle. In particular, they want to increase energy and resource efficiency in the use of plastics and thus pave the way for a chemical industry that requires fewer fossil raw materials and produces fewer emissions.

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Pearl Polyurethane has launched a new research and development initiative in the Middle East to develop improved continuous sandwich panel concepts. (Source: Pearl)

The leading Dubai-based system house, currently operating as Pearl Covestro Polyurethane Systems LLC, announced that it has launched a new research and development initiative in the Middle East to develop improved continuous sandwich panel concepts with the objective of continually bringing breakthrough new products to market.

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Messe Düsseldorf Asia announced that T-Plas, an international trade fair for the plastics and rubber industries, will now be moved to 9 – 12 February 2022 at BITEC, Bangkok, Thailand. The exhibition was originally scheduled for September 2021. As one of the region’s leading trade fairs for the co-related plastics and rubber industries, T-Plas will now be strategically-held alongside several other exhibitions under the Messe Düsseldorf Asia umbrella, including; Pack Print International, Medical Fair Thailand, wire and Tube Southeast Asia, and the inaugural editions of CorruTec Asia, Gifa and Metec Southeast Asia.

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