General business - Articles - Page 167 | Adhesives & Sealants Industry

Pandemic Prompts ExxonMobil to Reduce 2020 Capex by 30%

As market conditions evolve, ExxonMobil will continue evaluating the impacts of decreased demand on its 2020 production levels, as well as longer-term production impacts.

April 9, 2020

ExxonMobil recently announced it is reducing its 2020 capital spending by 30% and lowering cash operating expenses by 15% in response to low commodity prices resulting from oversupply and demand weakness from the COVID-19 pandemic.

Arkema Realigns Organization to Focus on Specialty Materials with Three Business Segments

By 2024, Arkema aims to generate sales of €10-11 billion (approximately $10.9-12 billion) for the specialty materials businesses.

April 8, 2020

Arkema recently announced its ambition to become a world leader in specialty materials realigned around three coherent businesses: Adhesive Solutions, Advanced Materials, and Coating Solutions.

Nouryon to Acquire Metal Alkyls Business from Sasol

The transaction is expected to be finalized during the second quarter, after which Nouryon will gradually move production to its site in Rotterdam.

April 8, 2020

Nouryon recently announced that it has entered into an agreement to acquire Sasol’s merchant triethyl aluminum business, including its specialty fleet of returnable cylinders.

Synthomer Completes Acquisition of OMNOVA Solutions

According to Synthomer, the acquisition enables it to become a worldwide player in water-based polymer solutions.

April 6, 2020

Synthomer recently announced that it has completed its acquisition of OMNOVA Solutions Inc.

Pippine Promoted to Vice President of Marketing and Technology for Emerald Kalama Chemical

Kelly Pippine has more than 20 years of marketing, commercial, and technical experience in specialty materials.

April 3, 2020

Emerald Kalama Chemical recently announced that it has appointed Kelly Pippine vice president, Marketing and Technology, a new role focused on driving innovation, building growth strategies for key markets, and leading product stewardship.

SBA and Treasury Department Begin Public-Private Mobilization Effort to Distribute Funds

The CARES Act establishes a new $349 billion Paycheck Protection Program that will reportedly provide relief to millions of small businesses so they can sustain their businesses and keep their workers employed.

April 2, 2020

Jovita Carranza, Small Business Association (SBA) administrator, and Steven T. Mnuchin, Treasury Department secretary, recently announced that the SBA and Treasury Department have initiated a robust mobilization effort of banks and other lending institutions to provide small businesses with the capital they need as a result of the COVID-19 crisis.

Elkem Announces Distribution Partnership with IMCD for Silicone Materials in North America

The silicone materials, including cyclosiloxanes D4 and D5, polydimethylsiloxane oils (PDMS), silanol fluids, functional fluids, emulsions, antifoams, gels, and sealants, will be marketed by IMCD for all specialty market applications.

April 2, 2020

Elkem Silicones recently announced a strategic distribution partnership with IMCD to promote and distribute silicone materials in North America.

NIST Announces Funding for Manufacturing Institutes to Support Pandemic Response

Funding will be awarded to eligible Manufacturing USA institutes, a network of 14 public-private partnerships that work with academic and private sector manufacturing organizations on research and development and manufacturing skills training.

April 1, 2020

The U.S. Department of Commerce’s National Institute of Standards and Technology (NIST) has opened a funding opportunity for rapid, high-impact projects that support the nation’s response to the COVID-19 pandemic.

H.B. Fuller Attributes 2020 First Quarter Revenue Dip to COVID-19

The 1.3% decline in H.B. Fuller’s organic revenue was reportedly driven by an impact on sales resulting from the COVID-19 pandemic.

March 31, 2020

H.B. Fuller Co.’s net revenue decreased 3.9% in the 2020 first quarter, compared to the first quarter of 2019.

Nouryon Expands Raw Material Partnership with Sumitomo Chemical

A new plant, to be owned and operated by Sumitomo, will produce 1,3-diisopropanolbenzene (DIOL) and is due to start production in 2021.

March 30, 2020

Nouryon recently announced that it is expanding its partnership with Sumitomo Chemical to include a new facility that Sumitomo is building at its site in Oita, Japan.

Articles Tagged with ''general business''

Pandemic Prompts ExxonMobil to Reduce 2020 Capex by 30%

Arkema Realigns Organization to Focus on Specialty Materials with Three Business Segments

Nouryon to Acquire Metal Alkyls Business from Sasol

Synthomer Completes Acquisition of OMNOVA Solutions

Pippine Promoted to Vice President of Marketing and Technology for Emerald Kalama Chemical

SBA and Treasury Department Begin Public-Private Mobilization Effort to Distribute Funds

Elkem Announces Distribution Partnership with IMCD for Silicone Materials in North America

NIST Announces Funding for Manufacturing Institutes to Support Pandemic Response

H.B. Fuller Attributes 2020 First Quarter Revenue Dip to COVID-19

Nouryon Expands Raw Material Partnership with Sumitomo Chemical

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