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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.

OMNOVA and Maroon Group Expand Distribution Partnership

Effective May 1, 2019, Maroon Group became the U.S. distributor for OMNOVA’s Chemigum® and Sunigum® specialty elastomers.

May 15, 2019

OMNOVA Solutions Inc. recently announced an expanded distribution agreement with Maroon Group.

Top 5 News that Sticks

3M Restructuring is Top News

Last week, readers were most interested in news from 3M regarding its first quarter 2019 financial results and actions the company plans to take.

Susan Sutton

May 13, 2019

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

ASC Announces 2020 World Adhesive and Sealant Conference & Expo

The theme for WAC2020 will be “Securing the Future.”

May 13, 2019

The Adhesive and Sealant Council (ASC) recently announced that it will serve as the official host of the 10th World Adhesive and Sealant Conference (WAC) in Chicago.

Kraton Earns Silver-Level Sustainability Rating from EcoVadis

This is reportedly the seventh consecutive year that Kraton was recognized for its sustainability performance.

May 10, 2019

Kraton Corp. recently announced that it received a Silver recognition medal for its sustainability rating from EcoVadis.

Clariant Sales Increase 2% in 2019 First Quarter Despite Slow Start in Plastics & Coatings Segment

On a regional basis, sales in Latin America, Europe, and the Middle East and Africa all reflected single-digit growth in local currency.

May 9, 2019

Clariant recently announced first quarter 2019 sales of CHF 1.7 billion (approximately $1.7 billion).

Lower Selling Prices Drive Covestro Sales Down 16% in 2019 First Quarter

Covestro reports that these results are in the expected range, and the company has confirmed the targets set for the year as a whole.

May 7, 2019

Covestro recently announced that higher competitive pressure influenced its first quarter 2019 results.

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