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PPG Completes VersaFlex Acquisition

VersaFlex is an aggregation of four U.S.-based protective coatings companies, consisting of legacy VersaFlex, Raven Lining Systems, Milamar Coatings, and Specialty Products Inc.
March 1, 2021
PPG recently announced that it has completed its acquisition of VersaFlex from DalFort Capital Partners.
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3M to Invest $1 Billion to Achieve Carbon Neutrality, Reduce Water Use, and Improve Water Quality

3M is aiming for a 50% reduction in carbon emissions by 2030, an 80% reduction by 2040, and 100% carbon neutrality in its operations by 2050.
March 1, 2021
3M recently announced it expects to invest approximately $1 billion over the next 20 years to accelerate new environmental goals: achieve carbon neutrality by 2050, reduce water use by 25% at its facilities, and return higher quality water to the environment after use in manufacturing operations.
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Headlines 3

Sheahan to Succeed McHale as Graco President and CEO

McHale will step down from his CEO and board positions on June 10, 2021, but will remain with Graco Inc. through September 15, 2021, to assist with the leadership transition.
February 26, 2021
Graco Inc. recently announced that Mark W. Sheahan has been appointed president and CEO of the company effective June 10, 2021, succeeding Patrick J. McHale, who announced plans to retire from the company.
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sustainability

WACKER CHEMIE AG: Bio-Based Silicone Sealant

With its ELASTOSIL eco brand now launched in Europe, WACKER is able to offer products manufactured using bio-based methanol to silicone sealant suppliers.
February 25, 2021
WACKER is extending its silicone portfolio to include silicone sealants based on renewable raw materials, introducing a new brand based on the REDcert2 standard.
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headlines and news

ASC, CATIA, and FEICA Announce Revisions to Joint Adhesives and Sealants Classification Manual

Readers of industry market reports from ASC, FEICA, and CATIA will now be able to refer to harmonized definitions and compare industry market data between North America, the European Union, and Asia.
February 25, 2021
The Adhesive and Sealant Council, FEICA, and the China Adhesives and Tape Industry Association have partnered to update and harmonize adhesive and sealant industry terms, definitions, and market segmentation published in the "ASC-CATIA-FEICA Adhesives and Sealants Classification Manual."
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chart

Glass Bonding Adhesives Market Exhibits Significant Growth

Growth of the glass bonding adhesives market is sustained by rising application in a range of industries, including construction, automotive, and healthcare.
February 24, 2021
The global glass bonding adhesives market is anticipated to expand at over 7% CAGR through 2030, according to a recent report by Fact.MR.
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