Compared with the same period last year, adjusted EBITDA fell by 38 percent. Evonik already published preliminary figures for the second quarter on July 10.
The projects were carried out at the Lucie Aubrac school in Moreuil and the Association Pour l'Enfance Rurale (APER) in Saultain. PPG donated nearly 100 gallons (450 liters) of its SEIGNEURIE paint.
“This agreement underscores our commitment and capability in the custom catalysts arena. We’re delighted to be able to work with the Röhm team to enable commercial scale production of MMA,” said Sanjeev Taneja, Head of Evonik Catalysts.
The new plant is one of several similar investments into the elastomers business across the globe. The products can be used in offshore wind turbines and to manufacture photovoltaic panels, among others.
The results show asolid second quarter despite signs of demand weakness. The second quarter 2023 net sales of $1.6 billion were 14% lower than the prior-year quarter, driven by lower net sales in Titanium Technologies and Advanced Performance Material’s Advanced Materials portfolio.
The acquisition of Imaginant, a specialist for ultrasonic measuring equipment, will expand the company’s BYK division through patented technology for handheld and robotic measuring instruments.
PPG announced that it has completed a colorful and transformative makeover at Carolina Ometto Pavan School in Américo Brasiliense City, Brazil, through its New Paint for New start initiative, part of the company’s COLORFUL COMMUNITIES® program.
The decision comes as part of a comprehensive strategy to improve the earnings quality of producers of the Ti-Pure brand by optimizing its manufacturing circuit.
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