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Chemical Activity Barometer Shows Third Monthly Gain in May

The CAB has four main components, each consisting of a variety of indicators: production, equity prices, product prices, and inventories and other indicators.

May 23, 2019

The Chemical Activity Barometer (CAB), an economic indicator created by the American Chemistry Council (ACC), rose 0.4% in May 2019 on a three-month moving average basis, the third monthly gain after several weak months.

ExxonMobil Doubles Manufacturing Capacity of Specialty Elastomers at Newport Plant

The expansion doubles the plant’s manufacturing capacity and increases global manufacturing capacity of Santoprene™ thermoplastic elastomers by 25%.

May 22, 2019

ExxonMobil recently announced that it has completed an expansion of its specialty elastomers manufacturing plant in Newport, Wales.

ASHLAND: Rheology Modifier

Aquaflow™ NMS-460E rheology modifier is a solvent-, tin-, and alkylphenol ethoxylate (APEO)-free nonionic synthetic associative thickener.

May 21, 2019

Ashland recently announced the launch of a new nonionic synthetic associative thickener (NSAT).

Top 5 News that Sticks

LORD Acquisition Draws Massive Reader Interest

News of LORD Corp.’s acquisition by Parker Hannifin jumped to the top spot last week.

Susan Sutton

May 20, 2019

How are acquisitions shaping the adhesives and sealants industry? Please contact me at suttons@bnpmedia.com or (248) 786-1704 to share your thoughts.

Evonik to Reorganize High-Performance Polymer Business, Expand Polyamide Capacity

Evonik reports that it is concentrating its activities on high-performance materials for attractive growth markets such as the automotive, oil and gas, 3D printing, and optics industries.

May 20, 2019

Evonik recently announced that it is reorganizing its business for high-performance polymers within the polyamide group.

Covestro CEO MacCleary to Retire at Year’s End

Jerry MacCleary’s retirement caps a 40-year journey at Covestro; he first joined the company in November 1979 as an accountant.

May 17, 2019

Covestro LLC recently announced that Jerry MacCleary will retire from his current position as CEO and chairman of the board, effective December 31, 2019.

DOE Recognizes Eastman Chemical for Manufacturing Leadership

The DOE reports that Eastman has improved its energy productivity by approximately 12% since joining the Better Plants Challenge, putting the company more than halfway toward meeting its goal.

May 16, 2019

The U.S. Department of Energy (DOE) recently announced that it had recognized the energy productivity achievements of Eastman Chemical.

Henkel Acquires 3D Printing and Industrial Inkjet Company Molecule

Molecule provides advanced solutions for 3D printing applications (including medical device, aerospace, automotive, and a variety of consumer goods) and industrial inkjet materials.

May 15, 2019

Henkel recently announced its acquisition of U.S.-based Molecule Corp., a privately owned, technology-driven enterprise focused on product innovation in additive manufacturing.