The Russian assault on Ukraine began in earnest on February 24, 2022. As NATO and countries around the world work together to support Ukraine and pressure Vladimir Putin to cease this unwarranted aggression, the Ukrainian people have shown incredible bravery, resilience, and strength. What are the war’s ramifications for our industry, as well as the end-use sectors that we support?
Quick thinking. Open communication. Digital solutions. Streamlined processes. Wide-ranging supply chain issues coupled with the ongoing impact of the COVID-19 pandemic have pushed companies that supply raw materials and chemicals to their limits. But as the old saying goes, necessity is the mother of invention—and players in the adhesives and sealants industry are nothing if not inventive.
With builders continuing to report supply chain problems that are causing construction delays, overall housing starts decreased 4.1% in January 2022 to a seasonally adjusted annual rate of 1.64 million units, according to a report from the U.S. Department of Housing and Urban Development and the U.S. Census Bureau.
Already underway, the scale-up program will help build resilience against supply disruptions and contribute to financial and Scope 3 (upstream) carbon reduction ambitions.
February 18, 2022
As part of its Grow & Deliver strategy, AkzoNobel has announced plans to invest in the expansion of in-house resin manufacturing.
The Specialty & Custom Chemicals Show will feature more than 165 exhibitors, 39 Exhibitor Showcases, and a series of educational sessions focusing on pressing issues that manufacturers are facing both inside and outside their fence lines.
With business booming and companies reaching capacity limits, customers and suppliers throughout the specialty chemical value chain are looking to make business-critical connections in 2022. SOCMA offers that opportunity and more at the Specialty & Custom Chemicals Show, which will be held February 28-March 2, at the Omni in Fort Worth, Texas.
Participants in this issue’s supply chain roundtable discuss current challenges, specific materials that are experiencing supply shortages, end-use sector considerations, and projections for the future.
The past year has brought an unprecedented combination of factors that have worked together to impact the supply chain, in some cases severely. The industry’s sustained resolve in navigating this onslaught of material shortages, logistics challenges, and other issues has been impressive. It is unfortunately looking like all of that determination, ingenuity, and flexibility will be required well into 2022.
Builder confidence is lower even as consumer demand remains robust.
January 21, 2022
Growing inflation concerns and ongoing supply chain disruptions snapped a four-month rise in builder sentiment, according to the most recent National Association of Home Builders/Wells Fargo Housing Market Index.
A FINAT study reports that supply chain issues and sustainable label and packaging solutions are the top concerns regarding label procurement trends with brand owner professionals.
January 20, 2022
FINAT, the European association for the self-adhesive label industry, has released the 16th edition of its “FINAT RADAR” half-yearly market trends report.