Europe
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Europe's flexible polyurethane foam makers expect production to fall between 30-80% compared to normal conditions over the next few weeks, as the effects of the Coronavirus crisis and national lockdowns hit the industry.
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Temporary layoffs and a 30% cut in management pay are two of Recticel's responses to the coronavirus outbreak at its plants in Europe.
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Two agreements in March have helped Covestro increase its financial flexibility by EUR 2.75bn.
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A concept bucket seat designed by Porsche relies on 3D printing for its construction. The comfort layer is polyurethane-based.
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Amaplast, the Italian plastics and Rubber machinery makers association said that companies operating in these businesses have been exempted from Italy's coronavirus lockdown.
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Kingspan has withdrawn its proposed dividend and is cutting wages of staff by 40-50% to help it get through the coronavirus slowdown.
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Unless polyurethane machinery is exempted as necessary, manufacturers in Italy will be forced to close from end of business on Tuesday 24 March.
