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Home » Topics » Adhesives and Sealants Topics » Raw Materials and Chemicals

Raw Materials and Chemicals
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Photo Elkem employee

Elkem Announces Project to Eliminate Carbon Dioxide Emissions in Silicon Production

The company aims to be part of the solution to combat climate change and to be one of the winners in the green transition.
December 31, 2021

The Research Council of Norway has granted Elkem NOK 16 (approximately $1.8 million) to develop a new concept for silicon production where all direct carbon dioxide (CO2) emissions are eliminated. 


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Headline News 2

Hexion Inc. Plans to Expand Production at Pernis Site

The planned expansion will occur over the next three years with production start-up anticipated in late 2024.
December 30, 2021

Hexion Inc. recently announced plans to expand production of epichlorohydrin (ECH) at its Pernis, the Netherlands, manufacturing site. 


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sustainability

Wacker Announces Ambitious New Sustainability Goals

Wacker is striving to ensure that its entire product portfolio meets defined sustainability criteria by 2030.
December 29, 2021

Wacker Chemie AG recently presented its new sustainable development goals to investors and analysts at an online Capital Market Day that took place December 16, 2021. 


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Green living

Kraton Announces ISCC Plus Certification for the Manufacture of Renewable Styrenic Block Copolymers

ISCC PLUS certification provides traceability of recycled and renewable-based materials across the supply chain.
December 28, 2021

Kraton Corp. recently announced that the company has received the International Sustainability and Carbon Certification (ISCC) PLUS certification to produce ISCC Plus Certified renewable styrenic block copolymers (SBCs) at its facility in Berre, France.


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Photo of Belinda Leonard

Chromaflo Names Leonard Industry Manager for Industrial Coatings in the Americas

Belinda Leonard will manage Chromaflo’s Industrial Coatings product lines for the Product Management group in the Americas.
December 27, 2021

Chromaflo Technologies recently announced that it has appointed Belinda Leonard industry manager for Industrial Coatings in the Americas region. 


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acquisitions_mergers1

American Securities to Purchase Hexion Holdings

The transaction is expected to close in the first half of 2022, pending certain conditions and approvals.
December 24, 2021

Hexion Holdings Corp. recently announced that it has entered into a definitive agreement to be acquired by affiliates of private equity firm American Securities LLC. 


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Moving/expansion

Arkema to Expand UV Curable Resins Capacity at Facility in China

The new expansion is scheduled to come on stream in the second half of 2023.
December 22, 2021

Arkema recently announced a project to double its UV curable resins production capacity at its Nansha plant in China. 


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Photo of Jaesun Suh

Chromaflo Names Suh Territory Sales Manager for Coatings & Thermosets

With strong technical knowledge, Jaesun Suh brings both sales and business development experience to his new position.
December 21, 2021

Chromaflo Technologies has appointed Jaesun Suh its territory sales manager for Coatings & Thermosets in the Northeast U.S. and Eastern Canada regions.


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sustainability
Top 5 News that Sticks

Readers Most Interested in Recyclability Approval for Henkel Adhesives

News from Henkel regarding recyclable adhesives for packaging applications garnered the most reader interest last week.
Susan Sutton
Susan Sutton
December 20, 2021

Is your company focusing on recyclability? I’d love to hear about it! Please contact me at (248) 786-1704 or suttons@bnpmedia.com to share your story.


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mergers and acquisitions
M&A Corner

Adhesives and Sealants M&A: Reaching Cruising Altitude

The level of merger and acquisition activity in 2021 has by almost any measure exceeded expectations.
Andy Hinz
Andy Hinz
December 17, 2021
According to data from S&P, year-to-date global M&A transaction volume through the third quarter of 2021 was up 34% compared to the first nine months of 2020 and 14% over the same period in 2019. The average reported transaction value in 2021 is 29% higher than in 2020 and up 19% over 2019. What is driving this activity? Well, it’s a few things.
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