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Market Trends

Construction Sector Remains Key Market for Silicone Sealants

Multiple trends are anticipated to help silicone sealants experience strong demand from the construction industry through 2027.

Silicone sealants offer excellent chemical and thermal stability while also providing energy savings, which helps in lowering greenhouse gas emissions. The global silicone sealants market is projected to register a CAGR of 4.2% from 2019-2027, according to a report from Trends Market Research.


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AkzoNobel Water Revolution Foundation

AkzoNobel Yacht Coatings Business Partners with Water Revolution Foundation

The Water Revolution Foundation is a not-for-profit organization that works to preserve the world’s oceans by helping the yacht industry drive down its environmental impact.
Creating a more sustainable yacht industry and helping to protect the world's oceans are reportedly the main goals driving a new partnership between AkzoNobel's Yacht Coatings business and the Water Revolution Foundation.
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headlines and news

Lister Named Huntsman Chief Financial Officer

Lister has spent his entire career at Huntsman or its predecessors, starting in the polyurethanes division of Imperial Chemical Industries, which Huntsman acquired in 1999.
Huntsman Corp. recently announced the appointment of Phil Lister as executive vice president and chief financial officer, effective July 1, 2021.
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Covestro JEC award

Covestro Receives JEC Innovation Award

Covestro’s polyurethane resins for wind rotor blades and its coating solutions for offshore wind turbines were included in the case for the award.
Covestro recently announced that it is a winner of the JEC Innovation Award 2021 in the Sustainability category.
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Michelman Steven Shifman and Rick Michelman

Michelman Announces Leadership Transition

Steve Shifman will become executive chairman, and Rick Michelman, Ph.D., will become the company's next president and CEO.
Michelman recently announced a transition in its leadership team as the company’s current president and CEO assumes new responsibilities in 2022.
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Dow to Build MDI Distillation and Prepolymers Facility in Texas

In coordination with the startup of a new MDI facility in Freeport, Dow will shut down the polyurethane assets at its La Porte site.
Dow recently announced plans to build an integrated methylene diphenyl diisocyanate (MDI) distillation and prepolymers facility at its world-scale manufacturing site in Freeport, Texas.
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