Raw Materials and Chemicals - Articles - Page 144

Ott Elected Chairman of SOCMA Board of Governors

Mike Ott takes the helm during SOCMA’s 100th anniversary year and will lead the board of governors in providing strategic guidance and value creation in alignment with the organization’s mission.

January 11, 2021

The Society of Chemical Manufacturers & Affiliates (SOCMA) recently announced that Mike Ott, president and CEO of Polysciences, Inc., has been elected to serve a two-year term as chairman.

Quest for Better Performance to Bolster Reactive Diluents Market

Using reactive diluents results in better performance of various products by improving thermal stability, tensile strength, adhesion, and other physical attributes.

January 8, 2021

The demand for reactive diluents was sluggish in 2020, but industry stakeholders are optimistic regarding its quick recovery.

Kraton Increases Pricing for All Hydrogenated Styrenic Block Copolymer Products

January 7, 2021

Kraton Corp. recently announced a general price increase for all hydrogenated styrenic block copolymer (HSBC) products.

SONGWON: Flame-Retardant Dispersion

SONGFLAME WB 201 solvent-free, aqueous, flame-retardant dispersion is designed especially for the coatings, adhesives, sealants, and elastomers (CASE) market.

January 7, 2021

SONGWON recently announced that it has further developed its proprietary halogen-free technology and has added a new product to its portfolio of flame-retardant synergists.

Strategic Solutions

Corporate Planning: The Best Business Interruption Insurance

Successful companies go beyond mitigating risk to ensure sustainable growth.

Karl Davenport

January 6, 2021

While certainly no guarantee of success, a business strategy with robust crisis management increases not only the probability of survival but a faster return to a thriving business. In many cases, it also enables a business to uncover and correct its weaknesses.

Small Business Administration Details Top Business Trends for 2021

According to the U.S. Small Business Administration (SBA), four business trends are likely to dominate in 2021.

January 5, 2021

Despite the coronavirus pandemic, small business owners have been resilient, pivoting and adapting their business models to navigate continually changing conditions.

Top 5 News that Sticks

Henkel Personnel Announcement Draws Massive Reader Interest

An announcement regarding Nicolas Krauss’ new role with Henkel resulted in strong reader interest last week.

Susan Sutton

January 4, 2021

Does your company have news to share with the industry? Please send press releases to me at suttons@bnpmedia.com.

DuPont Board Approves Separation of Nutrition & Biosciences Business through Exchange Offer

The separation will be followed by the simultaneous combination of Nutrition & Biosciences, Inc. with International Flavors & Fragrances.

January 4, 2021

DuPont recently announced that its board of directors has approved the separation of DuPont’s Nutrition & Biosciences business through an exchange offer (split-off) whereby DuPont stockholders can elect to tender shares of DuPont common stock in exchange for shares of Nutrition & Biosciences, Inc. (N&B) common stock.

Huntsman Completes Sale of Venator Materials Shares

Huntsman received approximately $100 million in cash, which includes $8 million for a 30-month option for the sale of the remaining approximate 9.7 million ordinary shares held by Huntsman at $2.15 per share.

December 31, 2020

Huntsman Corp. recently announced that it has completed the sale of approximately 42.4 million ordinary shares of Venator Materials PLC to funds advised by SK Capital Partners, LP.

AkzoNobel Collaboration Develops Method to Produce Resins Using Bio-Based Monomers

Requiring just UV light, oxygen, and renewable raw materials, patent applications have already been filed for resins and coatings made with monomers derived from sugar derivatives isolated from biomass.

December 30, 2020

AkzoNobel recently announced what it calls a breakthrough innovation, in collaboration with the Dutch Advanced Research Center Chemical Building Blocks Consortium (ARC CBBC), of a more sustainable way of making resins.