Acquisitions - Articles - Page 31 | Adhesives & Sealants Industry

Huntsman Completes Acquisition of CVC Thermoset Specialties

CVC Thermoset Specialties has annual revenues of approximately $115 million, with manufacturing facilities in Akron, Ohio, and Maple Shade, N.J.

May 26, 2020

Huntsman Corp. recently announced that it has completed its previously announced acquisition of CVC Thermoset Specialties, a North American specialty chemical manufacturer serving the industrial composites, adhesives, and coatings markets.

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IPS Adhesives Center of Excellence Leads the News

Last week, readers were most interested in IPS Adhesives’ announcement regarding its new manufacturing facility.

Susan Sutton

May 18, 2020

Does your company have news to share with the industry? Please send your press releases to me at suttons@bnpmedia.com.

3M Completes Sale of Substantially All of Its Drug Delivery Business

The divested business has annual global sales of approximately $380 million.

May 8, 2020

3M recently announced that it has completed the sale of substantially all of its drug delivery business to an affiliate of Altaris Capital Partners, LLC, for approximately $650 million in total consideration.

Mitsubishi Chemical Aims to Bolster its Technology Platform by Acquiring Gelest

Gelest produces silicones, organosilanes, metal-organics, and specialty monomers for advanced technology end markets.

May 4, 2020

Mitsubishi Chemical Corp. recently announced that its Mitsubishi Chemical America, Inc. subsidiary has entered into a definitive agreement to acquire all of the issued and outstanding shares of Gelest Intermediate Holdings, Inc., the parent of Gelest, Inc.

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Readers Most Drawn to RPM International Financial Results and Pandemic Response

RPM International’s fiscal third quarter financial report and response to COVID-19 drew the most reader interest last week.

Susan Sutton

April 27, 2020

How is the pandemic affecting your business? Please contact me at suttons@bnpmedia.com to share your story.

Despite Slowed Growth in March Due to Pandemic, Sika Breaks Sales Record in 2020 First Quarter

Since the pandemic situation is changing constantly, Sika reports that it is adapting measures specifically in line with the new circumstances.

April 22, 2020

Sika recently announced that it had a good start to the 2020 business year and has continued its growth trajectory, reporting a new sales record of CHF 1.8 billion (approximately $1.9 billion) in the first quarter.

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Arkema Realignment Leads the News

Readers last week were most interested in Arkema’s plan to reorganize its business through a focus on specialty materials.

Susan Sutton

April 20, 2020

Do you have news to share with the industry? Please send press releases to me at suttons@bnpmedia.com.

Nouryon to Acquire Metal Alkyls Business from Sasol

The transaction is expected to be finalized during the second quarter, after which Nouryon will gradually move production to its site in Rotterdam.

April 8, 2020

Nouryon recently announced that it has entered into an agreement to acquire Sasol’s merchant triethyl aluminum business, including its specialty fleet of returnable cylinders.