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Latest 3M Restructuring to Impact 2,900 Positions Worldwide

3M reports that recently announced changes will enable it to be better positioned to take advantage of global market trends in e-commerce, personal safety, health care, automotive electrification, and home improvement.
December 10, 2020
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As the global economy shifts in the wake of the COVID-19 pandemic, 3M recently announced that it is advancing its operating model, streamlining its business, and focusing on global trends where the company will apply science to life in new ways to drive sustainable growth.


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Addipel Jason Lee

Lee Named Addipel Plant Manager

Jason Lee comes to Addipel with over 17 years of production supervision and plant management experience.
December 10, 2020
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Addipel, a Maroon Group company, recently announced the expansion of its Operations team with the addition of Jason Lee as plant manager.
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headlines and news

Dow and Interpolychem Sign Licensee Agreement for Russia

Interpolychem will use Dow’s technology to enable a flexible and sustainable packaging alternative to conventional containers currently available in the Russian and Eastern European markets.
December 9, 2020
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Dow Packaging and Specialty Plastics recently announced that Interpolychem LLC, a converter and packaging producer in the Russian flexible packaging market, is the newest licensee for PacXpert Packaging Technology.


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Univar Solutions to Acquire Zhuhai Techi Chem

Univar Solutions reports that the agreement aligns to its global approach to its dedicated end market verticals.
December 9, 2020
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Univar Solutions Inc. recently announced that its wholly owned subsidiary, Univar Solutions China Co. Ltd., has reached an agreement with Zhuhai Techi Chem Silicone Industry Corp. (Techi Chem) to acquire the business to distribute specialty silicone solutions used primarily for the coatings, adhesives, sealants, and elastomers (CASE) market.
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residential construction

Single-Family Housing Starts at Highest Pace Since Spring of 2007

Single-family starts in October 2020 increased 6.4% to a 1.18 million seasonally adjusted annual rate and were up 8.6% year-to-date.
December 9, 2020
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Led by solid gains in single-family production, overall housing starts increased 4.9% in October 2020 to a seasonally adjusted annual rate of 1.53 million units, according to a report from the U.S. Department of Housing and Urban Development and the U.S. Census Bureau.
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Huntsman to Acquire Gabriel Performance Products

Under the terms of the agreement, Huntsman will pay $250 million, subject to customary closing adjustments, in an all-cash transaction funded from available liquidity.
December 8, 2020
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Huntsman Corp. recently announced its agreement to acquire Gabriel Performance Products, a North American specialty chemical manufacturer of specialty additives and epoxy curing agents for the coatings, adhesives, sealants, and composite end markets, from funds owned by Audax Private Equity.
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boardroom

Carter Appointed to Graco Board of Directors

Brett C. Carter will serve on Graco’s Audit Committee and its Management Organization and Compensation Committee.
December 8, 2020
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Graco Inc. recently announced that Brett C. Carter has been appointed a member of its board of directors, effective February 11, 2021.
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EnvisionTEC and Henkel Expand Partnership to Drive Next Level of Additive Manufacturing in Industrial Production

With the launch of new systems from EnvisionTEC and the expansion of Henkel’s industrial-grade materials portfolio, the companies report that they are well-positioned to support the volume production of end-use parts.
December 7, 2020
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EnvisionTEC and Henkel recently announced an expansion of their partnership agreement to further drive the adoption of production-level 3D printing.


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