Albemarle Corporation announced its results for the second quarter ended June 30, 2023.
Second-Quarter 2023 and Recent Highlights include: Net sales of $2.4 billion, an increase of 60%; Net income of $650.0 million, or $5.52 per diluted share, an increase of 60%; Adjusted diluted EPS of $7.33, an increase of 112%; Adjusted EBITDA of $1.0 billion, an increase of 69%.
TechnoBiz hosts Virtual Event Series with focus on “Polymer Processing, Science and Technology”. The following virtual events series are being organized for the benefit of polymer industry professionals on regular basis. These events have technical / research presentations, panel discussions, business/leadership conversations etc. The topics are related to Rubber, Plastics, Composites and Polyurethane.
Read MoreCast elastomers are employed in body seals and weatherstrips to ensure proper sealing between vehicle body panels, doors, windows, and other openings. They offer flexibility, weather resistance, and sealing properties, preventing water, dust, and noise intrusion into the vehicle cabin. Cast elastomers are employed in automotive seating systems to enhance comfort and durability. They provide cushioning, impact resistance, and flexibility, ensuring comfortable seating for occupants.
Read MoreThe global polymer seals market achieved an estimated valuation of US$ 11.3 billion. Looking ahead, Future Market Insights (FMI) envisions a steadfast Compound Annual Growth Rate (CAGR) of 5.1% from 2022 to 2032, propelling an upward trajectory in market expansion. The versatile utility of polymer seals spans across various industries, encompassing oil & gas, aviation, aerospace, and automobile sectors on a global scale.
Read MoreThe global retread tire market is expected to attain a valuation of US$ 11.2 billion in 2023, and is projected to reach US$ 20 billion by 2033. From 2023 to 2033, sales of retread tires are likely to rise at a CAGR of 6% according to Future Market Insights.
Read MoreThe Global Synthetic Rubber Market is projected to grow at a CAGR of 4.6% from 2023 to 2030, according to a new report published by Verified Market Research®. The report reveals that the market was valued at USD 29.31 Billion in 2022 and is expected to reach USD 42.03 Billion by the end of the forecast period.
Read MoreActive Minerals International announces a distribution partnership with Superior Materials, Inc. set to commence on August 1st, 2023. Through this collaboration, Superior Materials will represent Active Minerals’ quality Acti-Gel® and Min-U-Gel® attapulgite products for Adhesives, Coatings, Construction, Sealants, and Elastomers in a territory spanning the states East of the Mississippi River, excluding Florida.
Read MoreRenowned for its exceptional quality and stability, Dimethyl Silicone Oil guarantees consistent performance across a wide range of applications. Its reliability and outstanding performance make it an ideal choice for critical processes and formulations.
Read MoreHenkel now has expanded its portfolio for wearables in healthcare applications. Therefore, the company leverages its unique capabilities and broad portfolio of high-performance materials for a variety of wearable application types alongside the entire value chain. Henkel´s technology portfolio includes high-impact solutions for low pressure molding technologies, skin bonding, assembly adhesives and electronics and printed electronics.
Read MoreThe global automotive silicone market is projected to witness substantial growth, reaching USD 3.4 billion by 2028, with a CAGR of 7.3% from USD 2.4 billion in 2023 according to Research and Markets.
Read More
