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Home » general business

Articles Tagged with ''general business''

Mergers.jpg

Ashland Receives Remaining Regulatory Approvals Related to the Sale of its Composites Business and Butanediol Facility

The companies continue to expect a closing in the late summer of 2019.
August 20, 2019

Ashland Global Holdings Inc. recently announced that it has received the remaining regulatory approvals needed to close the previously announced sale of certain assets of Ashland’s Composites business and butanediol facility in Marl, Germany, to INEOS Enterprises Holdings Limited.


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news generic

Evonik Closes Sale of Methacrylates Business, Hits FTC Roadblock on PeroxyChem Acquisition

Evonik has closed the sale of its Methacrylates business to Advent International, but the Federal Trade Commission will seek to block its proposed acquisition of PeroxyChem.
August 19, 2019
Evonik recently announced that it has closed the sale of its Methacrylates business to Advent International for €3 billion (approximately $3.3 billion).
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market trends

Aerospace Adhesives Represent a Bright Spot for Henkel in Challenging 2019 Second Quarter

Henkel’s Adhesive Technologies business unit reported a slightly negative organic development in the second half of 2019, with sales down 1.2% to €2.4 billion (~ $2.7 billion).
August 19, 2019
Henkel recently announced its financial results for the second quarter and first half of 2019.
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Raised-Hands

ASC Adds Emerging Leaders Workshop to Executive Leadership Conference Offerings

ASC’s interactive new Emerging Leaders Workshop will include facilitated discussion and be structured to optimize learning between peers, providing tools and strategies for leveraging personal strengths and leading change.
August 19, 2019
Consistent with the theme of “Focus on the Future,” the Adhesive and Sealant Council (ASC) is introducing an Emerging Leaders Workshop to its Executive Leadership Conference programming.
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generic chemicals

Pilot Chemical Expands Distribution Sales Team

Chris Urban, Patrick Conover, Cathi Mowery, and Hannah Davis have joined Pilot Chemical to support the growth of the company’s surfactant and biocide product lines.
August 15, 2019
Pilot Chemical Co. recently announced several additions to its sales team.
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acquisitions_mergers_puzzle

Duralar Acquired by AGM Container Controls

Both AGM and Duralar are currently headquartered in Tucson, Ariz.; Duralar will be relocated into the AGM headquarters facility by the end of the year.
August 15, 2019
AGM Container Controls, Inc. recently announced its acquisition of Duralar Technologies, a manufacturer of advanced ultra-hard metal coatings and coating systems.
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Mergers.jpg

Huntsman to Sell Chemical Intermediates and Surfactants Businesses to Indorama Ventures for $2.1 Billion

Under the terms of the agreement, Indorama Ventures would acquire Huntsman’s manufacturing facilities located in Port Neches, Texas; Dayton, Texas; Chocolate Bayou, Texas; Ankleshwar, India; and Botany, Australia.
August 14, 2019
Huntsman Corp. recently announced that it has entered into a definitive agreement to sell its chemical intermediates businesses, which includes PO/MTBE, and its surfactants businesses to Indorama Ventures in a transaction valued at $2.076 billion.
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market trends-2

Net Sales Dip 7% for Berry Global in 2019 Fiscal Third Quarter

Net sales in Berry’s Engineered Materials segment decreased by $48 million to $639 million, compared to the 2018 third fiscal quarter.
August 9, 2019
Berry Global Group, Inc. recently reported net sales of $1.9 billion its third fiscal quarter 2019, a decrease of 7% compared to the corresponding 2018 quarter.
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asi0819-Top20-img-open

2019 ASI Top 20 Adhesives and Sealants Manufacturers List

To develop the 2019 ASI Top 20 ranking of leading global adhesives and sealants manufacturers, we worked diligently to target company details focused specifically on adhesives and sealants.
Susan Sutton
Susan Sutton
August 7, 2019

Welcome to the ASI Top 20, our annual feature detailing the leading worldwide manufacturers of adhesives and sealants. To develop the ranking, we worked diligently to target sales figures (and other details) focused specifically on adhesives and sealants.


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Headline News 2

Revenues Dip 9% for Huntsman in 2019 Second Quarter

The 6% decrease in revenues in the Advanced Materials segment, to $275 million, was reportedly due to lower sales volumes and lower average selling prices.
August 7, 2019
Huntsman Corp. recently reported second quarter 2019 results with revenues of almost $2.2 billion, a decrease of 9% from $2.4 billion in the 2018 second quarter.
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