Lumen Technologies (NYSE: LUMN) has reached a major agreement with Corning Incorporated (NYSE: GLW) for a large supply of next-generation optical cable. This new fiber-dense cable will more than double Lumen’s U.S. intercity fiber mileage, significantly boosting capacity for major…
Mirion (NYSE: MIR), a global provider of radiation detection, measurement, analysis, and monitoring solutions across the medical, nuclear, defense, and research sectors, has released its financial results for the second quarter ending June 30, 2024. “Our Q2 results met our…
LSB Industries, Inc. (NYSE: LXU) (“LSB” or the “Company”) today reported its financial results for the second quarter ending June 30, 2024. Key highlights include: Mark Behrman, LSB Industries’ President and CEO, remarked, “Our second quarter was marked by a…
Evonik has reported a significant increase in earnings for the second quarter of 2024, despite ongoing economic challenges. The final figures, confirmed on July 15, show a 28% rise in adjusted EBITDA, reaching €578 million compared to the previous year.…
Borouge Plc, a leading petrochemicals firm known for its innovative polyolefins and technology solutions, has announced a 33% year-on-year (YoY) increase in net profit for the second quarter, reaching $308 million. This growth was driven by higher sales and cost…
Corteva, Inc. (NYSE: CTVA) announced today that David Johnson has been appointed as the new Executive Vice President and Chief Financial Officer (CFO), effective September 16, 2024. Johnson will be based at Corteva’s headquarters in Indianapolis and joins from Atkore,…
SABIC was the exclusive sponsor of the 2024 International Chemistry Olympiad, marking the first time Saudi Arabia hosted the event and making it the first Arab country to do so. The 56th Olympiad, managed by the Ministry of Education in…
SABIC, a global leader in diversified chemicals, has announced its financial results for the second quarter of 2024, reporting a net profit of SAR 2.18 billion ($0.58 billion), a substantial increase from SAR 0.25 billion ($0.07 billion) in the first…
Merck, a leading science and technology company, has announced the completion of its acquisition of Mirus Bio for approximately US$ 600 million (€ 550 million), following regulatory clearances and the fulfillment of other customary closing conditions. This acquisition is a…
Merck, a leading science and technology company, saw a return to organic sales growth in Q2 2024. EBITDA pre remained stable organically compared to the previous year, which had been boosted by one-time effects. Excluding these effects, EBITDA pre would…
The Shanghai Creative Center will bring together capabilities across IFF, all in one location, enabling us to improve our delivery of end-to-end solutions for customers in Asia and around the world,” said Erik Fyrwald, IFF chief executive officer. “This was…
Graycliff Partners is excited to announce its investment and partnership with Diamond Chemical Company (“Diamond”), a leading manufacturer of cleaning and sanitation chemicals for hospitality, food service, commercial laundry, and other industries. Established in 1930, Diamond has a long history…