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Huntsman Completes Sale of Chemical Intermediates and Surfactants Businesses to Indorama Ventures for $2 Billion

The transaction comprises a cash purchase price of approximately $1.93 billion, which includes estimated adjustments to the purchase price for working capital, plus the transfer of up to approximately $76 million in net underfunded pension and other post-employment benefit liabilities.
January 7, 2020

Huntsman Corp. has completed the previously announced sale of its chemical intermediates businesses, which includes PO/MTBE, and its surfactants businesses to Indorama Ventures for approximately $2 billion.


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New-Prods

CHROMAFLO TECHNOLOGIES: Quart Package

Chromaflo reports that it has conducted robust testing to ensure the reliability of this new package, including individual container and case tests.
January 7, 2020
Chromaflo Technologies recently announced the release of its new quart package.
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RSS Pearce Daley and Ken Thomas

Thomas to Assume Additional Duties at RSS as Daley Retires

With Pearce Daley’s departure, Ken Thomas, director of Innovation and Marketing for The Dupps Co., will assume additional responsibilities at RSS.
January 6, 2020
After seven years with RSS, Pearce Daley, sales director, has decided to retire, effective January 31, 2020.
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Electronics_Generic

North American PCB Shipments Increased Over 17% in November 2019

November sales and orders of printed circuit boards in North America were strong and continued to outpace the prior year.
January 6, 2020
IPC-Association Connecting Electronics Industries recently announced the November 2019 findings from its North American Printed Circuit Board (PCB) Statistical Program.
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EERE Issues Funding Opportunity Announcement for Phase I Innovation Projects

This year’s topics cover key agency priorities such as critical materials, energy storage, grid integration, water security, cybersecurity, and the circular economy.
January 3, 2020
The U.S. Department of Energy Office of Energy Efficiency and Renewable Energy (EERE) Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) program recently issued a Funding Opportunity Announcement for approximately $40 million in Phase I innovation projects for the 2020 fiscal year.
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Single-Family Housing Starts Increase in November

Overall permits, which are a harbinger of future housing production, increased 1.4% to a 1.48 million unit annualized rate in November.
January 3, 2020
Total housing starts increased 3.2% in November to a seasonally adjusted annual rate of 1.37 million units.
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Polythioether Advances Provide New Formulating Options for Adhesives, Sealants, and Coatings

A colorless, toughening, and chemically resistive polythioether has been developed for the formulation of adhesives, sealants, and coatings.
Nouryon-Probst
Christian Probst
January 2, 2020

Liquid polysulfide polymers are aliphatic resins that provide beneficial chemical resistivity, weatherability, gasoline and jet fuel resistance, and gas barrier properties, as well as easy processability. In the cured state, these polysulfides feature plasto-elastomeric properties in which polysulfides can undergo self-healing.


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