News - Articles - Page 292 | Adhesives & Sealants Industry

Housing Affordability Declines Due to Economic Losses Stemming from COVID-19 Pandemic

In all, 61.3% of new and existing homes sold between the beginning of January and end of March, 2020, were affordable to families earning an adjusted U.S. median income of $72,900.

May 11, 2020

Surging job losses in March stemming from the COVID-19 pandemic contributed to a decline in U.S. median income and housing affordability in the first quarter of 2020, according to the most recent National Association of Home Builders (NAHB)/Wells Fargo Housing Opportunity Index (HOI).

Ons to Succeed Bruce as Secretary General of FEICA

Kristel Ons served as deputy to Philip Bruce for the last four years and has been involved in all secretary general duties since the beginning of 2020 to ensure a smooth transition to the new role.

May 8, 2020

Roland Albers, president of FEICA, the Association of the European Adhesive and Sealant Industry, recently announced that the FEICA executive board has unanimously appointed Kristel Ons the incoming secretary general of the association, effective June 15, 2020, succeeding Philip Bruce.

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.

Revenues Decline 5% for Huntsman in 2020 First Quarter

Huntsman’s Advanced Materials segment saw revenues decline 11% in the 2020 first quarter, to $241 million.

May 7, 2020

Huntsman Corp. recently reported its first quarter 2020 results with revenues of almost $1.6 billion, a 5% decline compared to the first quarter of 2019.

Toyal America Expands Palmer Holland’s Territory into Canada

Toyal America manufactures a portfolio of aluminum pigments, pastes, flakes, and powders for automotive and industrial applications.

May 7, 2020

Effective immediately, Toyal America has expanded Palmer Holland’s territory to include Canada, building on Palmer Holland’s existing responsibilities in U.S.

North American Printed Circuit Board Industry Sees Spike in Shipments Due to Pandemic

Shipments of printed circuit boards in North America increased 31.6% in March 2020, compared to the preceding month.

May 6, 2020

IPC-Association Connecting Electronics Industries recently announced the March 2020 findings from its North American Printed Circuit Board (PCB) Statistical Program.

MAPEI Receives Over 255 Indoor Advantage Gold Certifications from SCS Global Services

MAPEI product categories to receive certification include architectural coatings, sealants, and adhesives.

May 5, 2020

MAPEI recently announced that SCS Global Services has issued its Indoor Advantage Gold certification for indoor air quality to over 255 of MAPEI’s products in the U.S. for low volatile organic compound (VOC) emissions.

EPA and CDC Release Guidance for Cleaning and Disinfecting Work and Living Spaces

The guidance provides step-by-step instructions for public spaces, workplaces, businesses, schools, and homes, and falls in line with the Opening Up America Again guidelines.

May 5, 2020

The U.S. Environmental Protection Agency (EPA) and the Centers for Disease Control and Prevention (CDC) recently released updated guidance to help facility operators and families properly clean and disinfect spaces.

Covestro Meets Guidance for 2020 First Quarter Despite Coronavirus Impact

Covestro’s core volumes decreased by 4.1% in the first quarter of 2020, compared to the prior-year quarter.

May 4, 2020

Covestro recently announced that it met its EBITDA guidance for the first quarter of 2020 in a business environment strongly impacted by COVID-19.

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.