General business - Articles - Page 161 | Adhesives & Sealants Industry

RPM Reports Record Sales in Fiscal 2021 First Quarter

RPM’s fiscal 2021 first quarter net sales increased 9.1% to a record $1.6 billion, compared to the almost $1.5 billion reported a year ago.

October 20, 2020

RPM International Inc. recently reported financial results for its fiscal 2021 first quarter, ended August 31, 2020.

Top 5 News that Sticks

Sale of BASF Construction Chemicals Business Leads the News

An announcement from BASF regarding the closing of the sale of its Construction Chemicals business drew the most reader interest last week.

Susan Sutton

October 19, 2020

We’ve seen lots of acquisition activity lately. How do you think these moves will impact the industry? Please contact me at suttons@bnpmedia.com to share your thoughts.

Pilot Chemical Announces Leadership Transition

Pamela Butcher will remain on the Pilot board of directors and serve as a special advisor to the chairman.

October 19, 2020

Pilot Chemical Corp. recently announced that Pamela Butcher will step down from her CEO role, effective January 1, 2021.

Barentz to Acquire Maroon Group

The terms of the acquisition, which is expected to close this quarter, were not disclosed.

October 19, 2020

Barentz International has entered into a definitive, written agreement to acquire Maroon Group.

Gelest Closes Sale to Mitsubishi Chemical America, Names Goff Chief Technology Officer

Gelest produces silicones, organosilanes, metal-organics, and specialty monomers technology for high-growth materials science-intensive applications.

October 16, 2020

Gelest recently announced that it has completed the sale of Gelest Intermediate Holdings to Mitsubishi Chemical America, Inc., the U.S. subsidiary of Mitsubishi Chemical Corp.

AkzoNobel powder coatings groundbreaking

AkzoNobel to Build New Powder Coatings Plant in Taiwan

The fully automated plant represents a €20 million (approximately $23.6 million) investment.

October 15, 2020

AkzoNobel recently held a groundbreaking for a new state-of-the-art and sustainable powder coatings plant in Chungli, Taiwan.

Top 5 News that Sticks

Readers Most Drawn to H.B. Fuller’s Third Quarter Performance

Last week, news from H.B. Fuller regarding its financial performance in the third quarter garnered the most reader interest.

Susan Sutton

October 12, 2020

How is COVID-19 impacting your business? I’d love to hear from you! Please contact me at (248) 786-1704 or suttons@bnpmedia.com.

Davenport Named Newest ChemQuest Director

A specialty chemicals industry veteran, Karl Davenport brings over 35 years of global experience to ChemQuest.

October 9, 2020

The ChemQuest Group recently announced that it has hired Karl Davenport to be its newest director.

Sika Shares Details Regarding COVID-19 Impact and Strategic Targets

Members of group management and Sika experts explained how trends such as innovation, digitalization, renovation, and sustainability are opening up opportunities for the company to gain market share during the COVID-19 crisis.

October 8, 2020

At the recent Sika Capital Markets Day 2020 held in Zurich, CEO Paul Schuler confirmed the group’s strategic targets.

BASF Closes Divestiture of Construction Chemicals Business

With around 7,500 employees, the Construction Chemicals business operates production sites and sales offices in more than 60 countries and generated sales of about €2.6 billion (~ $3.1 billion) in 2019.

October 8, 2020

BASF recently announced that it has closed the divestiture of its Construction Chemicals business to an affiliate of Lone Star, a global private equity firm.