SOCMA developed the “Specialty Chemicals Industry Census” as part of a strategic focus on building commercial growth opportunities.
The Society of Chemical Manufacturers & Affiliates (SOCMA) recently released the findings of its inaugural industry census, which indicates specialty chemical companies remain bullish despite the uncertain landscape.
Due to the critical need for this funding, all awards were made within 90 days of the passage of the CARES Act.
The U.S. Department of Commerce’s National Institute of Standards and Technology (NIST) has awarded a total of $50 million in emergency funding to support U.S. manufacturers in their response to the COVID-19 pandemic.
The Kuraray Foundation of America will support Kuraray America’s employees and their communities in the wake of natural disasters and other significant events.
Officials with Kuraray America, Inc. recently announced that the company has launched the Kuraray Foundation of America, Inc.
The specialty chemicals value chain has risen to the challenge of retooling to fill large supply gaps for sanitation products, packaging containers and inks, and other essential products to meet spikes in demand as an outgrowth of the COVID-19 pandemic.
A collaboration between Henkel and Origin to use additive manufacturing in the production of nasopharyngeal swabs drew the most reader interest last week.
The May 2020 rate is 12.7% higher than the May 2019 pace.
In a further sign that the housing market is rebounding from the COVID-19 pandemic, sales of newly built, single-family homes rose 16.6% to a seasonally adjusted annual rate of 676,000 units in May from a downwardly revised reading in April.
Berry is investing in a new state-of-the-art meltblown nonwovens line at one of its UK-based facilities.
Berry Global Group, Inc. recently announced its collaboration with The Medicom Group to design the manufacturing solution and guarantee the supply of nonwoven fabric intended for use in producing hundreds of millions of face masks annually as part of Medicom’s agreement with the British Government.
Huntsman noted that the sales trends showed improvement from April to May, and it expects to see this continued improvement through June.
Huntsman Corp. recently reaffirmed its general outlook for the 2020 second quarter and announced that overall sales for the quarter are expected to be down between approximately 30-35% compared to last year’s quarter.
Organic revenue in H.B. Fuller’s Hygiene, Health and Consumable Adhesives segment increased 7% compared to the prior-year quarter, while Engineering Adhesives and Construction Adhesives saw declines of 20% and 15%, respectively.
H.B. Fuller Co. recently reported financial results for its second quarter ended May 30, 2020.