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Home » general business

Articles Tagged with ''general business''

market trends

Fiscal 2021 Sales Increase 5% for Ashland

The company reports that demand trends improved throughout the year following the onset of the global pandemic in fiscal year 2020.
November 17, 2021
Ashland Global Holdings Inc. recently announced financial results for its fourth quarter and 2021 fiscal year, which ended September 30, 2021.
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Photo of the Evonik Essen Goldschmidt site in Germany

Evonik Enhances Polyurethane Additives Capabilities with New Innovation Center

The focus of the new laboratory is on high-growth application areas, including low-emission catalysts for high-quality coatings and adhesives.
November 17, 2021

Evonik recently announced that it has expanded with a new state-of-the-art polyurethane (PU) laboratory and innovation facility at its Essen Goldschmidt site in Germany.


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Market-Trends

Arkema Sales Jump Almost 30% in 2021 Third Quarter

Sales in the Adhesive Solutions segment were up 10.1% in the third quarter of 2021 compared to the third quarter of 2020.
November 16, 2021
Supported by accelerating demand for high-performance materials in an environment marked by strong inflation of raw materials and supply chain disruptions, Arkema recently reported group sales of €2.4 billion (approximately $2.8 billion) in the third quarter.
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Photo of the solar array at the Huber facility in Quincy, Illinois

Huber Engineered Materials Plant Completes Solar Array

J.M. Huber reports that the plant is receiving more than 60% of its power from the array during daylight hours.
November 11, 2021
J.M. Huber Corp. and SolAmerica Energy recently announced the completion of a 1.8-megawatt (DC), ground-mounted solar array located at the Huber Engineered Materials (HEM) Fire Retardant Additives Marblehead facility in Quincy, Ill.
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Green living

SBTi Approves Avery Dennison’s Emission Reduction Targets

SBTi mobilizes companies to set science-based targets in the transition to the low-carbon economy.
November 11, 2021
Avery Dennison recently announced that its emissions reduction targets have been approved by the Science Based Targets initiative (SBTi) as consistent with levels required to meet the goals of the Paris Agreement.
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market trends

Henkel Continues on Growth Path with Strong Sales Increase in 2021 Third Quarter

The strong sales growth in the third quarter was driven predominantly by the Adhesive Technologies business unit.
November 10, 2021
In the third quarter of 2021, Henkel reports that it continued on its growth path and achieved total sales of around €5.1 billion (approximately $5.9 billion).
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acquisitions_mergers_puzzle

Eastman to Sell Adhesives Resins Business to Synthomer

The sale consists of hydrocarbon resins, pure monomer resins, polyolefin polymers, rosins and dispersions, and oleochemical and fatty-acid based resins product lines.
November 9, 2021

Eastman Chemical Co. recently announced that it and certain of its subsidiaries have entered into a definitive agreement to sell its adhesives resins assets and business to Synthomer plc for a total cash consideration of $1 billion.


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Headlines 3

Elkem to Expand Specialty Silicones Production in France

The expansion is the largest organic investment project in Elkem’s European silicones franchise in a decade.
November 9, 2021
Elkem recently announced a strategic investment plan to expand specialty silicones supply for customers in Europe, the Middle East and Africa (EMEA), and the Americas.
Read More
Photo of Lee A Bowers

Bowers Succeeds Armstrong as Vice President of Environmental, Health and Safety for RPM

Bowers will succeed Kenneth M. Armstrong, who will retire from his role at the end of RPM’s fiscal year on May 31, 2022.
November 9, 2021
RPM International Inc. recently announced that Lee A. Bowers, who had served as the company’s vice president-operations for the Performance Coatings Group (PCG) since 2018, has been appointed vice president-environmental, health and safety (EHS).
Read More
Photo of people breaking ground on Mapei's new Laval, Quebec, site

MAPEI to Expand Powder Production and Distribution in Quebec

Completion of the expansion project is expected in 2023.
November 5, 2021
MAPEI Inc. recently announced the expansion of its Laval, Quebec, Canada, facility with a groundbreaking ceremony for a new 50,750-sq-ft (4 715-m²) powder production plant and distribution facility.
Read More
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