Supply chain - Articles - Page 20 | Adhesives & Sealants Industry

3M Reports 2.7% Increase in Sales for 2020 First Quarter

Sales growth in 3M’s Health Care and Consumer segments offset declines in the company’s Transportation and Electronics segment.

April 30, 2020

3M recently reported sales of $8.1 billion in the 2020 first quarter, a 2.7% increase compared to the first quarter of 2019.

From the Editor

COVID-19: The Crisis Continues

COVID-19’s economic impact is being felt around the world. What are the ramifications for the adhesives and sealants industry?

Susan Sutton

April 29, 2020

During the past month alone, about 22 million people in the U.S. have filed for unemployment. It’s an absolutely staggering number. Sectors such as industrial manufacturing and construction (particularly large-scale commercial projects) have been particularly hard hit.

Kraton Receives EcoVadis Gold-Level Sustainability Rating

With more than 6,000 suppliers globally, Kraton’s progress on supply chain initiatives was reportedly vital in elevating it to the next level.

April 27, 2020

Kraton Corp. recently announced that it has achieved a Gold recognition medal for its sustainability rating from EcoVadis.

Combatting COVID-19: Manufacturers Keep Stepping Up

Manufacturers are continuing to address the unique needs of the pandemic through a number of different initiatives.

Susan Sutton

April 22, 2020

The global ramifications of COVID-19, in terms of both our physical and economic well-being, are daunting. Some regions have been quite successful in avoiding widespread losses, others are beginning to see cases decline and are returning somewhat to normalcy, and still others have yet to see the worst.

Ashland Provides Update on its Fiscal 2020 Second Quarter and COVID-19 Impact

Ashland’s sales were approximately $610 million in its second 2020 fiscal quarter, down 9% vs. the prior-year period.

April 20, 2020

Ashland Global Holdings Inc. recently provided an update for its preliminary fiscal 2020 second quarter financial results and its response to the COVID-19 pandemic.

Electronics Manufacturing Sector Calls on Leaders of U.S., Mexico, and Canada to Boost Cooperation During COVID-19 Recovery

IPC called on all three governments to launch a joint North American Manufacturing Initiative comprising senior government officials and private sector leaders who are focused on strengthening the region’s manufacturing competitiveness.

April 20, 2020

IPC, the global electronics manufacturing industry association, recently sent a letter to U.S. President Donald Trump, Mexican President Andrés Manuel López Obrador, and Canadian Prime Minister Justin Trudeau, urging them to launch a trilateral initiative to mobilize industrial base support for the continuing medical response related to COVID-19.

RPM Reports Results for Fiscal 2020 Third Quarter and First Nine Months, Addresses Uncertainties Related to COVID-19

RPM’s fiscal 2020 third quarter net sales reached $1.17 billion, an increase of 2.9% over the $1.14 billion reported a year ago.

April 13, 2020

RPM International Inc. recently reported financial results for its fiscal 2020 third quarter ended February 29, 2020.

COVID-19 and the adhesives and sealants industry

How is COVID-19 Impacting the Adhesives and Sealants Industry?

Adhesives and sealants companies are facing major challenges on a number of fronts due to the COVID-19 pandemic, but they can take steps to navigate through the crisis.

Susan Sutton

April 10, 2020

The broad economic effect of the coronavirus is not yet known, and it might not be fully realized for quite some time. What does this mean for adhesives and sealants companies?

Arkema Realigns Organization to Focus on Specialty Materials with Three Business Segments

By 2024, Arkema aims to generate sales of €10-11 billion (approximately $10.9-12 billion) for the specialty materials businesses.

April 8, 2020

Arkema recently announced its ambition to become a world leader in specialty materials realigned around three coherent businesses: Adhesive Solutions, Advanced Materials, and Coating Solutions.

Manufacturers Continue to Ramp Up In Fight Against COVID-19

Some companies are rallying their workforce to increase production of existing products, while others are retooling their facilities to produce entirely new materials that are sorely needed.

Susan Sutton

April 3, 2020

Though the circumstances surrounding COVID-19 are horrible, I find it gratifying to see the drive, determination, and oftentimes ingenuity that these companies are displaying for the good of us all.