BASF Raises Prices of Plastics Stabilizers
Florham Park, NJ, Feb. 28, 2011 -- BASF said it is increasing prices globally of antioxidants and process stabilizers for plastic applications by 5-10%, depending on the product, effective immediately.
Today's Flooring News
Keep up to date with the most recent news in the flooring industry. Today's News...As it happens! We update this news several times a day so you can stay connected.
Healthier Choice Names Chief Business Officer
Dalton, GA, Feb. 28, 2011 -- Healthier Choice said it has appointed Gary Hernandez Sr. chief business officer and executive vice president of sales and marketing.
Consumer Sentiment Higher Than Expected
Ann Arbor, MI, Feb. 25, 2011 -- Consumer sentiment rose sharply in February, according to a poll released Friday by Thomson Reuters and the University of Michigan.
Private Equity Firm To Acquire Gerflor
Paris, France, Feb. 25, 2011 -- Private equity firm Intermediate Capital Group has agreed to acquire Gerflor from AXA Private Equity, with the support of Gerflor’s existing management team, headed by its CEO Bertrand Chammas.
Fourth Quarter GDP Up Less Than First Estimate
Washington, DC, Feb. 25, 2011 -- Gross Domestic Product in the fourth quarter grew less than initially estimated, according to the Commerce Department.
Lumber Liquidators Names Merchandising Chief
Toano, VA, Feb. 25, 2011 -- Lumber Liquidators has named William K. Schlegel as its chief merchandising officer, effective March 14.
Mortgage Rate Back Below 5% on 30-Year
Washington, DC, Feb. 25, 2011 -- The average rate for a 30-year fixed-rate mortgage fell below 5% this week, according to Freddie Mac.
Tarkett To Adopt Cradle to Cradle Philosophy
Paris, France, Feb. 25, 2011 -- Tarkett said it has formed a partnership with the German scientific institute EPEA (Environmental Protection and Encouragement Agency) to adopt the Cradle to Cradle philosophy.
Faus Group Signs Two Distributors
Calhoun, GA, Feb. 25, 2011 -- Laminate maker Faus Group has added two companies to its distribution network in the U.S.
Oil Hits $100 as Libya Turmoil Rises
New York, NY, Feb. 24, 2011 -- Unrest in the Middle East pushed oil prices to $100 per barrel Wednesday for the first time in 2 1/2 years.