Articles Tagged with ''general business''

SOCMA Addresses China Tariffs and Impact on Specialty Chemical Manufacturers

As the U.S. and China negotiate the sequencing of tariff removal, SOCMA reports that it is proactively monitoring and advocating on behalf of the specialty chemical industry.
May 28, 2019
The Trump Administration’s decision to raise tariff rates from 10 to 25% on $200 billion in Chinese imports will disproportionately burden specialty chemical manufacturers, according to a statement released by the Society of Chemical Manufacturers & Affiliates (SOCMA).
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PPG to Maintain Business Portfolio Composition Following Strategic Business Review

Based on multiple reports and evaluation, the PPG board has determined that maintaining the company’s current business portfolio composition, including its architectural and industrial coatings businesses, provides the best opportunity to maximize long-term shareholder value.
May 24, 2019
PPG recently announced that two separate and independent reviews of its business portfolio were completed by Goldman Sachs & Co. LLC and Morgan Stanley & Co. LLC, with each firm independently conducting multi-faceted evaluations of PPG’s business portfolio, including potential separation opportunities.
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generic chemicals

Chemical Activity Barometer Shows Third Monthly Gain in May

The CAB has four main components, each consisting of a variety of indicators: production, equity prices, product prices, and inventories and other indicators.
May 23, 2019
The Chemical Activity Barometer (CAB), an economic indicator created by the American Chemistry Council (ACC), rose 0.4% in May 2019 on a three-month moving average basis, the third monthly gain after several weak months.
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Electronics

Stone Named Senior Director of Sales for IPC

Michael Stone reportedly has more than 25 years of experience in sales management, account development, and building highly effective sales teams.
May 22, 2019

IPC-Association Connecting Electronics Industries® recently announced the appointment of Michael Stone to the position of senior director of Sales.


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handshake

Shurtape Adds Four Sales Managers to Industrial Packaging Team

Shurtape Technologies’ new territory sales managers include Brad Davis, Brock Byers, Randy Krabbenhoft, and Kelley Wickert.
May 20, 2019
Shurtape Technologies, LLC recently announced the expansion of its Industrial Packaging-North American team with the addition of four territory sales managers.
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Covestro Jerry MacCleary

Covestro CEO MacCleary to Retire at Year’s End

Jerry MacCleary’s retirement caps a 40-year journey at Covestro; he first joined the company in November 1979 as an accountant.
May 17, 2019
Covestro LLC recently announced that Jerry MacCleary will retire from his current position as CEO and chairman of the board, effective December 31, 2019.
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generic chemicals

DOE Recognizes Eastman Chemical for Manufacturing Leadership

The DOE reports that Eastman has improved its energy productivity by approximately 12% since joining the Better Plants Challenge, putting the company more than halfway toward meeting its goal.
May 16, 2019
The U.S. Department of Energy (DOE) recently announced that it had recognized the energy productivity achievements of Eastman Chemical.
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