“The addition of Truth Chemical is an opportunity for immediate growth in clientele, an expansion of our product portfolio and expansion into industries not currently serviced,” said Randy Velarde, president and founder of The Plaza Group.
February 27, 2017
The Plaza Group, a leading international petrochemical marketing firm, recently announced it has acquired Truth Chemical.
This weekly roundup highlights the adhesives, sealants and coatings news stories that garnered the most attention during the previous week on our website, as well as our eNewsletter and social media platforms.
Demand for U.S. silicones is projected to approach $4.4 billion in 2020.
February 1, 2017
U.S. demand for silicones is forecast to climb 4.5% annually to $4.4 billion in 2020, with volume rising 2.6% per year to 908 million lbs (see Table 1). This will be a moderation in gains from the performance of the 2010-2015 period, which saw exceptional growth as a result of a broad economic recovery from the recession of 2007-2009. These and other trends are presented in “Silicones,” a recent study from The Freedonia Group.