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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.
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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.
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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.
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Strategic Solutions

Corporate Planning: The Best Business Interruption Insurance

Successful companies go beyond mitigating risk to ensure sustainable growth.
KarlDavenport
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.


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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.
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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.


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sustainability

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.
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