General business - Articles - Page 187 | Adhesives & Sealants Industry

Huntsman to Acquire Remaining 50% Interest in Sasol-Huntsman Joint Venture

The Sasol-Huntsman joint venture owns a manufacturing facility in Moers, Germany, with capacity to produce 230 million pounds of maleic anhydride.

July 31, 2019

Huntsman Corp. recently announced that it has signed a definitive agreement with Sasol to acquire the 50% interest that Huntsman does not own in the Sasol-Huntsman maleic anhydride joint venture.

Bostik to Acquire Adhesive Films Manufacturer Prochimir

This acquisition would reportedly enable Bostik to broaden its offering of solvent-free thermobonding solutions earmarked for many fast-growing industrial applications in the automotive, construction, textile, and medical markets.

July 30, 2019

Arkema recently announced that Bostik plans to acquire Prochimir, a company specializing in high-performance thermobonding adhesive films.

Covestro Optimistic Despite Challenging 2019 Second Quarter

While Covestro’s core volumes rose by 1.1%, group sales fell 16.9% to €3.2 billion (approximately $3.6 billion) in the 2019 second quarter due to lower selling prices.

July 30, 2019

Covestro recently announced its financial results for the second quarter of 2019.

2019 Second Quarter Sales Decline 3.2% for Avery Dennison

Net sales for Avery Dennison declined 3.2% to $1.8 billion in the 2019 second quarter.

July 29, 2019

Avery Dennison Corp. recently announced preliminary, unaudited results for its second quarter ended June 29, 2019.

Maroon Group Acquires Amsyn

Going forward, Maroon reports that Amsyn’s range of technical capabilities and global supplier relationships will be additive to its existing capabilities and targeted growth strategy.

July 29, 2019

Maroon Group LLC recently announced that it has acquired Amsyn, LLC, a national distributor of specialty chemicals to the coatings, lubricants, nutraceutical, pharmaceutical, and electronics industries.

3M Sales Down 2.6% in 2019 Second Quarter

3M saw sales decline 2.6% in the 2019 second quarter, to $8.2 billion.

July 26, 2019

3M recently announced its financial results for the second quarter of 2019.

Net Sales Increase 4.6% for RPM in Fiscal 2019

RPM’s fiscal 2019 consolidated full-year net sales increased 4.6% to $5.56 billion from $5.32 billion in fiscal 2018.

July 25, 2019

RPM International Inc. recently reported financial results for its fiscal 2019 fourth quarter and full year, ended May 31, 2019.

Fales Named Service Manager for Enercon

In this role, Nate Fales will lead Enercon’s support team of mechanical and electrical engineers.

July 24, 2019

Enercon Industries Corp. recently announced that Nate Fales has been appointed Service manager.

Infrastructure Development and Construction to Benefit Global Demand for Polysulfide Sealants

Accounting for over 70% of consumption in the global polysulfide sealants market, 2-component polysulfide sealants remain prominent across a range of applications.

July 24, 2019

The global polysulfide sealants market was worth over $1 billion at the end of 2018 and is expanding at a significant growth rate, according to a recent report.

Brenntag Named Primary U.S. Distributor for Arkema Waterborne Resins

In making this decision, Arkema reportedly looked at Brenntag’s national coverage, logistics and operational efficiencies, digital marketing, and technical capabilities.

July 23, 2019

Arkema recently announced that, effective August 1, 2019, Brenntag North America, Inc. will be the primary distributor in the U.S. for Arkema waterborne resins sold under the Encor^®, Celocor^®, Snap^®, and Neocar^® trade names.