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residential construction

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.

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).


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FEICA Kristel Ons

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.
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.
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market trends

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.
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.
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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.
Effective immediately, Toyal America has expanded Palmer Holland’s territory to include Canada, building on Palmer Holland’s existing responsibilities in U.S.
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COVID-19

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.
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.
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