The Conference Board recently announced that the U.S. leading index increased by 0.6%, the coincident index held steady, and the lagging index decreased by 0.2% in January.
DuPont Textiles and Interiors (DTI) and Ciba Specialty Chemicals have announced a global business alliance to develop new combined offerings for the DTI portfolio of brands.
The number of U.S. housing starts in January jumped 6.3% to their highest pace in almost two years, according to a recent U.S. Commerce Department report.
Formica Corp.’s lenders under its $345 million credit facility have agreed to extend their existing waiver related to certain financial covenants under the credit facility.