With immediate effect, or as existing contracts permit, BASF SE is increasing its European selling prices for butanediol and its derivatives as follows: (ton/metric ton) 1,4-Butanediol (BDO): up 200 Tetrahydrofuran (THF): up 150 Polytetramethylene ether glycol (PolyTHF): up 260 N-Methyl-2-Pyrrolidone (NMP): up 150 Gamma Butyrolactone (GBL): up 150 N-Ethylpyrrolidone (NEP): up 150 BDO and its derivatives are used for producing engineering plastics, polyurethanes, solvents and spandex fibers.
The Picanol Group achieved a consolidated turnover of 639.78 million euro over the full 2016 financial year, which represents an increase of 20.8% compared to the 529.34 million euro recorded in 2015. The group outperformed its previous record year in 2013 (a turnover of 559.98 million euro), and this all took place in the year when the group celebrated its 80th anniversary. In 2016, the Weaving Machines Division experienced a record-breaking year. Growing demand for quality and technology created strong sales and an increased market share in many markets. This resulted in Picanol putting a record number of weaving machines on the market in 2016, thereby especially focusing on dealing […]
Pegasus Sewing Machine Mfg. Co., Ltd. is enjoying a steadily increasing business performance with strong overseas sales of chain-stitching sewing machines. As of this February, the sales volume is particularly significant for Bangladesh and India, supported by vigorous demand for application in T-shirts, poloshirts and other cut and sewn articles. Pegasus is also expanding its market share in Sri Lanka, Indonesia and Vietnam. According to the company, an important factor for expanding overseas sales is increasing sales to Bangladesh and India. The Dhaka terrorist attack in July 2016 raised again security issues, but the impact has been limited. Bangladesh has many advantages as a garment manufacturing base, such as an […]