29 July 2016
Brussels-headquartered chemical and advance materials producer Solvay saw earnings increase despite a drop in total sales as the company reduced fixed costs and grew operating profit. It anticipates 2016 EBITDA growth as diversified markets will offset any declines in oil and gas.
21 July 2016
Sales volumes in the company’s industrial coatings segment strengthened while performance coatings saw a decline, owing to mixed performance in various regions and applications. PPG’s glass segment also saw improved net sales as selling prices strengthened. However all of its business segments were impacted negatively by foreign currency translations.