Adhesives & Sealants Headlines - Articles - Page 338

Covestro Optimistic Despite Challenging 2019 Second Quarter

While Covestro’s core volumes rose by 1.1%, group sales fell 16.9% to €3.2 billion (approximately $3.6 billion) in the 2019 second quarter due to lower selling prices.

July 30, 2019

Covestro recently announced its financial results for the second quarter of 2019.

2019 Second Quarter Sales Decline 3.2% for Avery Dennison

Net sales for Avery Dennison declined 3.2% to $1.8 billion in the 2019 second quarter.

July 29, 2019

Avery Dennison Corp. recently announced preliminary, unaudited results for its second quarter ended June 29, 2019.

Maroon Group Acquires Amsyn

Going forward, Maroon reports that Amsyn’s range of technical capabilities and global supplier relationships will be additive to its existing capabilities and targeted growth strategy.

July 29, 2019

Maroon Group LLC recently announced that it has acquired Amsyn, LLC, a national distributor of specialty chemicals to the coatings, lubricants, nutraceutical, pharmaceutical, and electronics industries.

3M Sales Down 2.6% in 2019 Second Quarter

3M saw sales decline 2.6% in the 2019 second quarter, to $8.2 billion.

July 26, 2019

3M recently announced its financial results for the second quarter of 2019.

AkzoNobel to Acquire Aerospace Coatings Manufacturer Mapaero

Established in 1992 and specializing in sustainable water-based and advanced eco-friendly products, Mapaero operates a production facility in France and has around 140 employees.

July 26, 2019

AkzoNobel recently announced its intention to acquire France-based Mapaero, a manufacturer of aerospace coatings.

Net Sales Increase 4.6% for RPM in Fiscal 2019

RPM’s fiscal 2019 consolidated full-year net sales increased 4.6% to $5.56 billion from $5.32 billion in fiscal 2018.

July 25, 2019

RPM International Inc. recently reported financial results for its fiscal 2019 fourth quarter and full year, ended May 31, 2019.

Sika Expands Mortar Plant in Serbia

Sika expects that the expanded production capacities and new warehouse will enable it to continue to penetrate the growing construction markets in Southeast Europe.

July 25, 2019

Sika recently announced that it is expanding its production capacities in Southeast Europe by opening an additional mortar facility, as well as a warehouse for raw materials and end products, at its Simanovci site in Serbia.

Mactac Tapes and Adhesives for Photographic Enclosure Materials Meet ISO Standards

To meet ISO 18916 standards, Mactac reports that it submitted samples of its CleanBond™ double-coated tapes (LV820 and LV840) and CleanFilm™ transfer adhesives (LV820) to a third-party facility to test the products’ suitability for use in photographic mounting applications.

July 24, 2019

Mactac^® Industrial Tapes recently announced that its CleanTape™ line of low-volatile organic compound (VOC) acrylic double-coated tapes and transfer adhesives meet International Organization for Standardization (ISO) 18916 standards for photographic enclosure materials.

Fales Named Service Manager for Enercon

In this role, Nate Fales will lead Enercon’s support team of mechanical and electrical engineers.

July 24, 2019

Enercon Industries Corp. recently announced that Nate Fales has been appointed Service manager.

Infrastructure Development and Construction to Benefit Global Demand for Polysulfide Sealants

Accounting for over 70% of consumption in the global polysulfide sealants market, 2-component polysulfide sealants remain prominent across a range of applications.

July 24, 2019

The global polysulfide sealants market was worth over $1 billion at the end of 2018 and is expanding at a significant growth rate, according to a recent report.