Dow Q3 2021: Net sales up 53 percent
Dow has reported its results for the third quarter of fiscal 2021. The chemicals supplier saw sales swell 53 percent yoy to US$14.8 billion with gains in all operating segments and regions.
Walmart, Target et al charter ships to stock shelves
America’s largest retailers have resorted to chartering their own ships in order to stock their shelves, according to a report published by The Wall Street Journal.
P&G to build new manufacturing plant in North Carolina
Procter & Gamble could be poised to construct a new manufacturing facility in North Carolina’s Guilford County, according to a report published by the Rhino Times.
Polymer producer Kraton mulls sale
US-based polymer manufacturer, Kraton is considering putting itself up for sale, according to a report published by Reuters.
Coty’s Chief Supply Officer steps down
Coty has announced that Richard Jones, Chief Supply Officer and Head of R&D is stepping down from his role, effective today.
P&G cuts ribbon on new Global Product Supply Innovation Center in Germany
Procter & Gamble has opened a new Product Supply Innovation Center (PSIC), which will serve as the hub for collaboration with a network of local suppliers, tech companies, R&D institutions and top universities, developing global, scalable and modular solutions to decarbonize its supply chain.
BASF sells Kankakee site to One Rock Capital Partners
BASF has announced that it has concluded the sale of its manufacturing site in Kankakee, Illinois to an affiliate of One Rock Capital Partners. Terms of the deal were not disclosed.
L’Oréal USA invests $12 million into North Little Rock plant; creates new job opportunities
L’Oréal USA has invested $12 million into its North Little Rock, a move that will create 45 new full-time jobs at the plant.
Johnson & Johnson opens JLABS hub in Washington; focuses on diversity
Johnson & Johnson has opened the doors of its JLABS hub in Washington, D.C., which will serve as a hub for up to 50 start-ups
Beiersdorf to shutter Cleveland plant; 134 jobs at risk
Beiersdorf has notified the Tennessee Department of Labor and Workforce Development that it will be closing its Coppertone plant in Cleveland, Tennessee, resulting in permanent layoffs for all staff, according to a report published by Powder & Bulk Solids.
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