US: Huntsman has published its third quarter results showing a 30% fall in adjusted earnings before interest, taxes, depreciation and amortisation (EBITDA) to US$215m from US$308m. Sales volumes and prices fell in the polyurethanes and advanced materials sections, with a strong US Dollar pushing down the latter’s profit margin in the European region, where customer destocking also occurred.

US: Owens Corning’s net earnings in the third quarter of 2019 took a dive to US$333m from US$376m, down by 11% year-on-year. Its insulation section reported earnings before interest and taxes of US$84m, down year-on-year by 11%. The section’s sales in the quarter amounted to US$693m, down by 2% year-on-year from US$710.

US: In the third quarter of 2019, Dow experienced a price decline of 12% on its volumes which fell 2%, yielding net sales of US$9.4bn, down by 15% compared to US$10.8bn in the three months to 30 September 2018. Its operating earnings before interest and taxes declined by 18% year-on-year to US$1.1bn from US$1.3bn.

UK: Edinburgh-based bio-insulation company IndiNature is preparing to build a Euro4.4m production plant at Hawick in southern Scotland. The company is currently in talks with Scottish Borders Council, contractors and others about the project, according to the Southern Reporter newspaper. The 2600m3 plant is set to create 30 jobs. It is hoped that the new unit will be ready by the end of 2020. IndiNature manufactures its rigid IndiBoard and IndiTherm batts insulation products from plant-based materials.