Latest news with #chemicalproducts
Zawya
2 days ago
- Business
- Zawya
Egypt: Misr Chemical Industries' profits drop 15% YoY in FY2024/25
Arab Finance: Misr Chemical Industries Company's (MICH) net profits after tax declined 15% year on year (YoY) in the fiscal year (FY) 2024/2025, according to the financial indicators. The firm earned EGP 569.544 million in net profits after tax last FY, compared to EGP 667.432 million in the prior year. On the other hand, sales climbed 18% to EGP 1.068 billion from EGP 908.025 million. Misr Chemical Industries owns a manufacturing plant that produces a range of chemical products, including liquid caustic soda, caustic soda flakes, liquid chlorine, hydrochloric acid, and bleaching powder. © 2025 All Rights Reserved Arab Finance For Information Technology Provided by SyndiGate Media Inc. (
Reuters
4 days ago
- Business
- Reuters
Trump tariffs weigh on Brazil chemical exporters, spark order cancellations
SAO PAULO, July 25 (Reuters) - Chemical products companies in Brazil, which exported $2.4 billion to the U.S. last year, face a slew of contract cancellations as President Donald Trump has threatened a new 50% tariff on the South American nation's exports from August 1. Since Trump's announcement, export orders have been canceled for certain resins and compounds used to make fertilizers, which Brazil supplies to the U.S. agriculture sector, Andre Cordeiro, head of Brazilian chemical lobby Abiquim, said on Friday. "Fundamentally, these decisions are being made because the bet is that he will actually apply the tariff," Cordeiro said. One company in Brazil had all its contracts for exports to the U.S. canceled, Cordeiro said, adding that other businesses have seen some of their contracts canceled. There are also cases where sellers had secured export financing for the order, which was later revoked. He declined to name the affected exporters. Losses associated with the tariffs go beyond direct exports, as almost every industry uses chemicals in manufacturing processes, from oil to steel, from machinery to production of agricultural commodities, he said. "No one produces coffee, even grains, without some kind of chemical product in the process." Cordeiro added that chemical companies are losing export business and also local sales to clients that export goods into the U.S. market. Brazilian plywood exporters, for example, use chemicals for bonding and themselves have faced U.S. order cancellations, he said. Orange juice makers, which sent 42% of their exports to the U.S. last year, also use chemical preservatives. Brazilian companies like Braskem ( opens new tab have operations in the U.S. and could be affected. Dow Chemical (DOW.N), opens new tab, which has 10 plants in Brazil and sizeable exports of silicon metal for processing in the U.S., is also at risk. Braskem and Dow did not immediately comment. Exxon Mobil (XOM.N), opens new tab, which declined to comment, operates in Brazil and serves clients in various industries. Tariffs are unjustified because Brazil's chemical sector runs a $7.9 billion trade deficit with the U.S., Abiquim said.
Yahoo
07-07-2025
- Business
- Yahoo
Claigan Webinar - Chemical Product Labelling - Summary of global requirements for chemical product labelling
OTTAWA, ON, July 7, 2025 /CNW/ - On July 16, Claigan Environmental Inc. ( will provide a walkthrough of the global requirements for chemical product labelling. Recent demands by distributors and retail partners have renewed industry interest in chemical labelling (in particular concerning the unique Canadian Consumer Chemicals and Containers Regulations (CCCR)). This webinar will focus primarily on the labelling of consumer and professional chemical products in the US, Canada, and EU. Chemical products (liquids, powders, gasses, and similar) have specific labelling requirements that differ from requirements for articles (physical products). In particular, consumer products tend to have regional specific labelling requirements that are not necessarily fully reflected by the Global Harmonized System (GHS). Key topics will include: US chemical product labelling Canadian chemical product labelling EU chemical product labelling Differences between labelling of consumer vs professional products Common requirement of proof or due diligence by distribution partners and authorities Note - due to the expected demand, there will be two (2) webinars scheduled on July 16. Webinars - Chemical Product LabellingDate: 16 July 2025Time: 10am and 2pmDuration: 1 hour including Q&A To Register: 10am - 2pm - or on Claigan's Website at About Claigan Environmental ( Claigan is the leading provider in restricted materials compliance (consulting and testing). Claigan has tested thousands of products for PFAS, Section 71, REACH, POP, TSCA, Prop 65, and related global compliance. Claigan is an ISO 17025 certified laboratory, expert consultancy, and is dedicated to providing practical solutions for supply chain due diligence and social responsibility. At Claigan, our philosophy is simple: Less Journey, More Results. View original content: SOURCE Claigan Environmental Inc. View original content: Sign in to access your portfolio
