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Home » Topics » News

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Headline News 2

Revenues Dip 9% for Huntsman in 2019 Second Quarter

The 6% decrease in revenues in the Advanced Materials segment, to $275 million, was reportedly due to lower sales volumes and lower average selling prices.
August 7, 2019
Huntsman Corp. recently reported second quarter 2019 results with revenues of almost $2.2 billion, a decrease of 9% from $2.4 billion in the 2018 second quarter.
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IGM Increases Photoinitiator Capacity with New Plant in China and Expansion Projects in Italy

IGM announced two capacity expansion projects at its Mortara, Italy, photoinitiator production site that will increase the site’s capacity by 25%.
August 7, 2019
Due to the growing demand of its global business and the drive to introduce innovative new products to the UV/radiation curing market, IGM Resins recently announced that it has commenced the development of a new state-of-the-art photoinitiator production facility in Anqing, Anhui Province, China.
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market trends

Adhesives Sales Decline for Ashland in Third 2019 Fiscal Quarter while Coatings Sales Bump Up

Ashland’s sales declined 4% to $641 million, compared to the 2018 fiscal third quarter, including a two percentage-point (ppt) impact from unfavorable currency.
August 6, 2019
Ashland Global Holdings Inc. recently announced preliminary financial results for the third quarter of its 2019 fiscal year.
Read More
MAPEI Jeff Johnson

MAPEI’s Johnson to serve on FCICA Executive Board

Prior to accepting the nomination for vice chairman of associates, Johnson served on the FCICA board of directors for a year.
August 6, 2019
MAPEI Corp. recently announced that Jeff Johnson, business manager for Floor Covering Installation Systems (FCIS), has been elected to serve as vice chairman of associates on the executive board of the Flooring Contractors Association (FCICA).
Read More

Forbo Sees Sales Growth for Construction Adhesives in 2019 First Half

Forbo reports that building and construction adhesives activity posted encouraging sales growth on the whole for the first six months of 2019.
August 5, 2019
Forbo Group recently reported net sales of CHF 649.4 million (approximately $653.2 million) in the first half of 2019, compared to CHF 668.8 million (~ $672.7 million) in the 2018 first half.
Read More

Chromaflo Acquires Liquid Colours’ Dispersion Division

The newly acquired colorant dispersion division reportedly includes pigment dispersions and colorant technologies for decorative paint point of sale, in-plant systems, industrial coatings, and other applications that will be integrated into Chromaflo’s recently built plant in Johannesburg.
August 5, 2019
Chromaflo Technologies Corp. recently announced that it has concluded a purchase agreement with Liquid Colours (Pty.) Limited of South Africa.
Read More

Ravago Announces Rebranding

RCNA expects that a common approach will allow it to maximize both speed and efficiency while improving its ability to quickly understand and react to changing market dynamics.
August 5, 2019
Ravago Chemicals North America (RCNA) recently announced the rebranding and consolidation of its three channel companies (Pacific Coast Chemicals, TH Hilson, and TMC Materials) under the RCNA brand name, effective August 1.
Read More

Sales Grow 9.6% for Sika in 2019 First Half

Sika recorded single-digit sales growth in the first half of 2019, posting a new sales record of over CHF 3.7 billion (approximately $3.73 billion).
August 2, 2019
Sika recently announced its financial results for the first six months of 2019.
Read More
Nouryon Friend site

Nouryon Acquires Metal Alkyls Producer Zhejiang Friend Chemical

Zhejiang Friend Chemical is reportedly the largest China-based producer of triethyl aluminum (TEAL), which is a metal alkyl used in the production of high-volume polymers such as polypropylene and polyethylene.
August 2, 2019
Nouryon recently announced that it has acquired Zhejiang Friend Chemical Co. (Friend).
Read More

Berry Global Sells Seal for Life Business to Arsenal Capital Partners

The Seal for Life business reportedly has annual sales of approximately $120 million.
August 1, 2019
Berry Global Group, Inc. recently announced it has completed the sale of its Seal for Life (SFL) business to Arsenal Capital Partners for approximately $330 million.
Read More
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