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again achieved double-digit growth in the first half of 2022. In the first six months of the year, the specialty chemicals group’s sales rose by 18 percent to 1,573 million euros compared to the same period of the previous year (1,334 million euros). Adjusted for acquisition and exchange-rate effects, sales were up by 12 percent. Earnings before interest, taxes, depreciation and amortization (EBITDA) reached 268 million euros, around 5 percent lower than the prior-year figure (283 million euros), mainly due to the exceptionally high cost of materials, logistics, and energy. The EBITDA margin in the first half of 2022 was therefore 17.0 percent (same period of the previous year: 21.2 percent).

IGM Resins, the leading global provider of energy curing raw material solutions, announces that it has acquired Litian, a leading Chinese manufacturer of energy curing resins. This acquisition is an important step in IGM Resins’ ‘Go, Grow, Green’ strategy, enabling the company to further expand its global footprint, strengthening its supply chain, and enhancing its leading position in energy curing solutions with a combined product portfolio. Specifically, IGM now has three distinct product lines – a world-leading range of photoinitiators, a strong offering of energy curing resins, and an excellent selection of additives – making IGM a strong player in the Energy Curing industry. The transaction also supports IGM’s backward integration of key raw materials, while at the same time reinforcing its local presence in Asia, and underlines IGM’s commitment to sustainability.

Archroma, a global leader in specialty chemicals towards sustainable solutions, and Baldwin, a leading global manufacturer and supplier of precision spray systems and technology for sustainable textile manufacturing, announce a new collaboration to optimize performance and resource saving in the finishing department.

Leading specialty chemicals innovator Perstorp introduces 2-Ethylhexanol based on 25% renewable raw material according to a traceable mass balance concept. 2-EH Pro 25 is designed to reduce the carbon footprint throughout the value chain where it is used to support sustainable sourcing of renewable and recycled raw materials. It is the latest addition to Perstorp’s rapidly expanding ISCC PLUS-certified portfolio of Pro-Environment products.

Quiminutri Especialidades Químicas, a subsidiary of the IGM Resins Group, has a new name: IGM Resins do Brasil!

Sustainable solutions provider and global leader within polyols Perstorp is taking a stand by converting a large majority of the polyols produced at their largest production plant in Perstorp, Sweden, to Pro-Environment products. By doing this, Perstorp will enable reduced greenhouse gas emissions for its polyol customers and downstream value chains.

After launching our Sustainability Strategy as part of IGM’s Go Grow Green strategy, we are proud to announce that this week, IGM Resins received the Gold Medal by EcoVadis for our performance in Corporate Social Responsibility (CSR).

Classic PTFE-based wax additives possess special properties that other materials do not have – they offer outstanding scratch and abrasion resistance in a whole range of areas of application. For some time now, however, the use of PTFE has been viewed increasingly critically at a global level.