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Henkel Steve Essick

Henkel Names Essick North America President

Steven Essick is a 23-year Henkel veteran who has served in global financial and commercial leadership roles with Henkel across Asia-Pacific, Europe, and North America.
December 14, 2020
Henkel recently announced that Steven Essick has been named its president of the North America region.
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Oxiteno Partners with Palmer Holland in U.S. CASE Market

Palmer Holland is responsible for promoting and distributing Oxiteno’s lines of surfactants, coalescents, and additive products into the CASE market throughout the U.S.
December 14, 2020
Oxiteno recently announced its exclusive national agreement with Palmer Holland.
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acquisitions_mergers_gears

Fedrigoni Acquires Mexico-Based Industrial Papelera Venus

Headquartered in Mexico City, Industrial Papelera Venus has a turnover of approximately $18 million and employs 100 people.
December 11, 2020
Fedrigoni S.p.A. recently announced that it has completed the acquisition of Industrial Papelera Venus, which produces and distributes self-adhesive materials.
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market trends

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

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
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

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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acquisitions_mergers_puzzle

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
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
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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acquisitions_mergers1

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
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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