Raw Materials and Chemicals - Articles - Page 183

Daelim Industrial to Acquire Kraton’s Cariflex Business Unit

The transaction is expected to close in the first quarter of 2020, subject to customary regulatory approvals and other closing conditions as set forth in the purchase and sale agreement.

November 1, 2019

Kraton Corp. recently announced that it has agreed to sell its Cariflex™ business unit to Daelim Industrial Co., Ltd. for a purchase price of $530 million.

Emerald Kalama Chemical Opens New European Central Office in Rotterdam

The new office will house Emerald’s growing team for order fulfillment and technical service, focused on serving customers worldwide for products manufactured at Emerald’s operations in Europe.

October 31, 2019

Emerald Kalama Chemical, a business group of Emerald Performance Materials, recently celebrated the grand opening of a new office in Rotterdam that will serve as the company’s central hub for European operations.

Huntsman Reports Rocky Results for 2019 Third Quarter

Huntsman’s revenues dropped to approximately $1.7 billion in the third quarter of 2019, a decrease of 14%.

October 30, 2019

Huntsman Corp. recently reported its financial results for the 2019 third quarter.

Maroon Group Opens West Coast Office

Maroon Group reports that it is expanding its operations across North America to support its legacy customers and commercial teams that are embedded on the West Coast.

October 29, 2019

Maroon Group recently announced the opening of a West Coast office in Los Angeles, Calif.

Top 5 News that Sticks

3M Acquisition Dominates the News

Readers last week were drawn in droves to news from 3M regarding its latest acquisition.

Susan Sutton

October 28, 2019

We’ve seen a large number of industry acquisitions so far in the second half of 2019. How are they impacting your business?

Michelman Highlights Exterior Wood and Metal Corrosion Protection Solutions at Western Coatings Symposium

Selected as part of the event’s technical presentation schedule, Michelman featured its waterborne metal coating protection solutions that control corrosion and coefficient of friction (COF).

October 28, 2019

At the recent 34th Biennial Western Coatings Symposium and Show, Michelman shared information regarding its line of low-VOC surface modifiers for exterior wood coatings and sealants.

Acrylic Acid Market to Experience Strong Growth through 2029

The adhesives and sealants segment is anticipated to be a major factor in driving demand for acrylic acid and its derivatives.

October 28, 2019

The global acrylic acid market is expected to be valued at around $19.7 billion by the end of 2019, according to a recent report.

EASTMAN: Cellulose Esters for Food Contact Applications

Eastman’s new cellulose esters reportedly meet requirements for use in certain food contact applications under regulations of the U.S. Food and Drug Administration (21 CFR), European Commission (Regulation 10/2011), and the Swiss Ordinance on Materials & Articles in Contact with Food (SR 817.023.21).

October 24, 2019

Eastman recently announced the launch of a new portfolio of 13 cellulose esters for use in food contact applications such as inks, adhesives, tapes and labels, and internal can and other coatings.

Luijkx Joins IGM Resins as Global Procurement Director

Based in Waalwijk, the Netherlands, Stan Luijkx will lead IGM Resins’ global procurement organization and processes.

October 24, 2019

IGM Resins recently announced that it has appointed Stan Luijkx global Procurement director to support focused growth and to ensure supply security for the global businesses.