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Home » general business

Articles Tagged with ''general business''

Nouryon Friend site

Nouryon Acquires Metal Alkyls Producer Zhejiang Friend Chemical

Zhejiang Friend Chemical is reportedly the largest China-based producer of triethyl aluminum (TEAL), which is a metal alkyl used in the production of high-volume polymers such as polypropylene and polyethylene.
August 2, 2019
Nouryon recently announced that it has acquired Zhejiang Friend Chemical Co. (Friend).
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Berry Global Sells Seal for Life Business to Arsenal Capital Partners

The Seal for Life business reportedly has annual sales of approximately $120 million.
August 1, 2019
Berry Global Group, Inc. recently announced it has completed the sale of its Seal for Life (SFL) business to Arsenal Capital Partners for approximately $330 million.
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market trends-2

Dow Looks to Long-Term Goals Following Tough Second Quarter

Dow’s net sales were $11 billion in the 2019 second quarter, in line with the company’s guidance and down 14% vs. pro forma results in the 2018 second quarter.
August 1, 2019
Dow recently released its financial results for the second quarter of 2019.
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Headlines 3

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.
Read More
Bostik Prochimir acquisition

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.


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headlines and news

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.
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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.
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acquisitions_mergers1

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.
Read More
market trends

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.
Read More
market trends-2

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.
Read More
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