General business - Articles - Page 193 | Adhesives & Sealants Industry

Kraton Earns Silver-Level Sustainability Rating from EcoVadis

This is reportedly the seventh consecutive year that Kraton was recognized for its sustainability performance.

May 10, 2019

Kraton Corp. recently announced that it received a Silver recognition medal for its sustainability rating from EcoVadis.

3M to Acquire Advanced and Surgical Wound Care Producer Acelity

Acelity is a global medical technology company focused on advanced wound care and specialty surgical applications marketed under the KCI brand.

May 9, 2019

3M recently announced that it has entered into a definitive agreement to acquire Acelity Inc. and its KCI subsidiaries worldwide.

Clariant Sales Increase 2% in 2019 First Quarter Despite Slow Start in Plastics & Coatings Segment

On a regional basis, sales in Latin America, Europe, and the Middle East and Africa all reflected single-digit growth in local currency.

May 9, 2019

Clariant recently announced first quarter 2019 sales of CHF 1.7 billion (approximately $1.7 billion).

Hiatt Joins Sales Team at Chromaflo

Michael Hiatt will be responsible for the overall management of Chromaflo’s Coatings products sold in the Midwest region.

May 8, 2019

Chromaflo Technologies recently announced that Michael Hiatt has been appointed territory sales manager, Coatings-Midwest.

Lower Selling Prices Drive Covestro Sales Down 16% in 2019 First Quarter

Covestro reports that these results are in the expected range, and the company has confirmed the targets set for the year as a whole.

May 7, 2019

Covestro recently announced that higher competitive pressure influenced its first quarter 2019 results.

Top 5 News that Sticks

H.B. Fuller’s New Global Responsibility Website Dominates the News

Readers last week were drawn in droves to learn about H.B. Fuller’s corporate responsibility initiatives.

Susan Sutton

May 6, 2019

How is your company addressing sustainability? I’d love to hear about it! Please contact me at suttons@bnpmedia.com or (248) 786-1704 to share your story.

Parker Hannifin to Acquire LORD in Strategic Transaction

Upon closing of the transaction, LORD will be combined with Parker’s Engineered Materials Group.

May 6, 2019

Parker Hannifin Corp. recently announced that it has entered into a definitive agreement to acquire LORD Corp. for approximately $3.7 billion in cash.

Dolenc Named Vice President of Operations for Maroon Group

In this new role, Dolenc will work closely with support teams located at the company’s regional service centers throughout the country, overseeing all elements of its supply chain, logistics, and value-add service offerings.

May 6, 2019

Maroon Group recently announced that Anton Dolenc will assume the role of vice president of Operations, beginning May 1, 2019.

Huntsman Optimistic for 2019 Despite First Quarter Dip

Huntsman reports that its Polyurethanes segment saw decreased revenues in the 2019 third quarter due to lower average methylene diphenyl diisocyanate (MDI) and methyl tertiary butyl ether (MTBE) selling prices, partially offset by higher MDI sales volumes.

May 3, 2019

Huntsman Corp. recently reported first quarter 2019 revenues of $2 billion and net income of $131 million, compared to $2.3 billion and $350 million, respectively, in the 2018 first quarter.

Safic-Alcan and Dow Expand Distribution Agreement for Flocking Adhesives Range

These one- or two-component flocking adhesives (including primer and catalyst), solvent or waterborne, reportedly bond well to various elastomers for weatherstrip production.

May 2, 2019

Safic-Alcan, an international specialty chemicals distributor, recently announced the extension of its agreement with Dow for the distribution of Dow’s flocking adhesives range.