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Home » Topics » News » Adhesives & Sealants Headlines

Adhesives & Sealants Headlines
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Henkel and NC State

Henkel and North Carolina State University Enter Research Partnership Focused on Power Electronics

Henkel will leverage services from NC State’s Packaging Research in Electronic Energy Systems (PREES) lab facilities as part of the agreement.
March 2, 2021
Henkel and North Carolina State University's Future Renewable Electric Energy Delivery and Management (FREEDM) Systems Engineering Research Center recently announced a new partnership agreement designed to study the impact of materials technology on power electronics applications.
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acquisitions_mergers_puzzle

PPG Completes VersaFlex Acquisition

VersaFlex is an aggregation of four U.S.-based protective coatings companies, consisting of legacy VersaFlex, Raven Lining Systems, Milamar Coatings, and Specialty Products Inc.
March 1, 2021
PPG recently announced that it has completed its acquisition of VersaFlex from DalFort Capital Partners.
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Green living

3M to Invest $1 Billion to Achieve Carbon Neutrality, Reduce Water Use, and Improve Water Quality

3M is aiming for a 50% reduction in carbon emissions by 2030, an 80% reduction by 2040, and 100% carbon neutrality in its operations by 2050.
March 1, 2021
3M recently announced it expects to invest approximately $1 billion over the next 20 years to accelerate new environmental goals: achieve carbon neutrality by 2050, reduce water use by 25% at its facilities, and return higher quality water to the environment after use in manufacturing operations.
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Headlines 3

Sheahan to Succeed McHale as Graco President and CEO

McHale will step down from his CEO and board positions on June 10, 2021, but will remain with Graco Inc. through September 15, 2021, to assist with the leadership transition.
February 26, 2021
Graco Inc. recently announced that Mark W. Sheahan has been appointed president and CEO of the company effective June 10, 2021, succeeding Patrick J. McHale, who announced plans to retire from the company.
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boardroom

Huntsman Appoints McGovern to Board of Directors, Announces Formation of Sustainability Committee

Jeanne McGovern’s appointment is part of the company’s deliberate process of adding financial and accounting expertise to the board.
February 26, 2021
Huntsman Corp. announced the appointment of Jeanne McGovern to its board of directors and also the formation of a committee to oversee matters regarding sustainability.
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market trends-2

Sika Announces 2020 Financial Results, Taps Hasler to Succeed Schuler in May

The company reports that its 2020 fiscal year was overshadowed by the COVID-19 pandemic, which had a number of severe effects for the construction and automotive sectors.
February 25, 2021
Sika announced its 2020 financial results, including sales of approximately CHF 7.9 billion (~ $8.8 billion), and the appointment of a new CEO.
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headlines and news

ASC, CATIA, and FEICA Announce Revisions to Joint Adhesives and Sealants Classification Manual

Readers of industry market reports from ASC, FEICA, and CATIA will now be able to refer to harmonized definitions and compare industry market data between North America, the European Union, and Asia.
February 25, 2021
The Adhesive and Sealant Council, FEICA, and the China Adhesives and Tape Industry Association have partnered to update and harmonize adhesive and sealant industry terms, definitions, and market segmentation published in the "ASC-CATIA-FEICA Adhesives and Sealants Classification Manual."
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market trends

Kraton Increases Prices for Pine Chemicals and AMS Portfolio

February 24, 2021
Kraton Corp. announced a general price increase of 10% across its entire Pine Chemicals and AMS portfolio.
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chart

Glass Bonding Adhesives Market Exhibits Significant Growth

Growth of the glass bonding adhesives market is sustained by rising application in a range of industries, including construction, automotive, and healthcare.
February 24, 2021
The global glass bonding adhesives market is anticipated to expand at over 7% CAGR through 2030, according to a recent report by Fact.MR.
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acquisitions_mergers_gears

Bostik Aims to Strengthen Brazilian Adhesives Business with Poliplas Acquisition

Poliplas is a key player in the Brazilian adhesives market with a strong presence in different distribution channels.
February 24, 2021
Arkema recently announced that Bostik will reinforce its presence in the fast-growing Brazilian construction adhesives market with the planned acquisition of Poliplas Ltda., a producer of hybrid technology sealants and adhesives.
Read More
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