Articles Tagged with ''general business''

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Sika to Acquire MBCC Group for $6 Billion

Headquartered in Mannheim, Germany, MBCC Group is active in the field of construction systems and admixture systems.
November 18, 2021

Sika recently announced that it has signed a definitive agreement to acquire MBCC Group, the former BASF Construction Chemicals, from an affiliate of Lone Star Funds.


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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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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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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.
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