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BASF Closes Divestiture of Construction Chemicals Business

With around 7,500 employees, the Construction Chemicals business operates production sites and sales offices in more than 60 countries and generated sales of about €2.6 billion (~ $3.1 billion) in 2019.

BASF recently announced that it has closed the divestiture of its Construction Chemicals business to an affiliate of Lone Star, a global private equity firm.


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M&A Corner

COVID-19: The Black Swan

Though the COVID-19 pandemic caused a major slowdown in merger and acquisition activity, strategic and "bolt-on" deals are still getting done.
Andy Hinz
Andy Hinz

As we headed in to 2020, merger and acquisition (M&A) activity in chemicals and materials was humming along at near-historical levels. High valuations did not seem to deter buyers, with private equity (PE) firms clamoring to place capital and strategic buyers motivated for acquisitions to bolster their growth and help justify their high stock prices.


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Henkel to Host Manufacturing Day Events for High School Students

During the events, students will learn about Henkel’s adhesives technologies through a guided video tour and a virtual Q&A session with site leaders.
Henkel recently announced that it is opening its virtual doors to local high school students to recognize Manufacturing Day.
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DAP acrylic urethane elastomeric sealants

DAP: High-Performance Acrylic Urethane Elastomeric Sealants

DAP reports that Power Point 300 provides maximum flexibility and strong multi-material adhesion for a long-lasting, durable seal that won’t crack.

DAP has expanded its line of Power Point caulks and sealants, specifically formulated for the professional painting contractor, to include a line of high-performance acrylic urethane sealants called Power Point 300.


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Put Some Moxie in Your Epoxy: Toughening Epoxy Adhesives with a Polyurethane Prepolymer

The addition of a low-viscosity, blocked polyurethane prepolymer improves the strength and reduces the cure time of epoxy adhesives.
Jay Johnston Covestro
Jay A. Johnston
Cassie Popovski
Cassie Popovski

Adhesives play an important role in creating sustainable and resilient infrastructure. While the hybridization of adhesives is not a novel concept, recent innovations in raw materials have unlocked new possibilities for toughened epoxy systems.


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Dow Outlines Details of Restructuring Program

Dow is implementing a restructuring program to reduce its global workforce costs by approximately 6% and to rationalize certain manufacturing assets.

Dow Inc. recently outlined a series of actions it will take in an effort to achieve structural cost improvement targets as the global economy recovers from the coronavirus pandemic.


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Bostik to Acquire Italy-Based Ideal Work

Founded in 1997, Ideal Work reportedly has annual sales of around €10 million (approximately $11.6 million) and employs 25 people.
Arkema recently announced that Bostik will reinforce its range of flooring products with the planned acquisition of Ideal Work, an Italian company specialized in added-value decorative flooring technologies.
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