By commissioning the new plant, Sika hopes to expand its position in this rapidly growing metropolitan area. The area is set to become even more important as China is creating the Chengdu-Chongqing business district with almost 100 million inhabitants.
Chemical output was lower than a month ago in all regions, with the largest declines in the Gulf Coast, home to much of the nation’s basic industrial chemical and synthetic materials capacity. Reportedly, the declines reflect sluggish output in several end-use manufacturing industries and weak export markets.
RPM’s sales included 12.4% organic growth, 1.0% growth from acquisitions, and foreign currency translation headwinds of 4.1%. The company reports its fiscal 2023 second-quarter adjusted EBIT was driven by strong sales growth, as well as MAP 2025 benefits, primarily from manufacturing and commercial improvement initiatives.
The company was a part of Arkema’s performance additives business line, and existed with little integration within the group’s other activities. Febex reported sales of around €30 million in 2021, employs 59 people, and operates one site in Switzerland.
Cabot Corp. has promoted three senior level employees to executive vice president. All three continue to report to Sean Keohane, president and chief executive officer.
Since 2017, Orion has disclosed its climate-related performance through CDP. Until now, the company has received a “C” score, indicating an awareness level of engagement. CDP says companies with a “B” score have reached the management level.
The U.S. Environmental Protection Agency entered into a consent agreement with Denka Performance Elastomer, LLC and issued a final order to address certain waste management practices at the company’s facility in LaPlace, Louisiana.
The detailed report includes forecasts for each country, the development of sales, demand per application, trade, and production. For the eight largest countries in Europe, market data is broken down in detail for the different adhesive types and adhesive technologies, including waterborne adhesives, hot melts, solventborne adhesives, reactive adhesives, and other technologies.
Following an in-depth assessment by EcoVadis, Archroma further improved its score by four points (from 78/100 to 82/100). The company says the improvement is due to its ongoing efforts in sustainable procurement, focusing on supply chain transparency and best practice sharing with suppliers and industry peers.
3M says its decision is based on careful consideration, and a thorough evaluation of the evolving external landscape, including multiple factors such as accelerating regulatory trends focused on reducing or eliminating the presence of PFAS in the environment, and changing stakeholder expectations.
