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Top 5 News that Sticks

Updated Liquid-Applied Flashing Standard Leads the News

Readers last week were most drawn to news from the American Architectural Manufacturers Association regarding an updated flashing standard.

Susan Sutton

July 15, 2019

How do industry standards impact your business? I’d love to hear about your experiences!

ASK Chemicals to Acquire SI Group’s Industrial Resins Business

The transaction includes SI Group’s industrial resins products and associated manufacturing sites in Rio Claro, Brazil; Ranjangaon, India; and Johannesburg and Durban, South Africa.

July 15, 2019

SI Group recently announced an agreement to sell the majority of its global industrial resin businesses and its Brazilian specialty business to ASK Chemicals, a portfolio company of private equity firm Rhône Group, LLC.

Ashland Announces Amendment to Agreement with INEOS for Composites Business Acquisition

The amendment includes the removal of the maleic business from the sale; the purchase price remains unchanged at $1.1 billion.

July 12, 2019

Ashland Global Holdings Inc. recently announced an amendment to the purchase agreement for the sale of its Composites business and butanediol (BDO) manufacturing facility in Marl, Germany, to INEOS Enterprises.

R.E. Carroll Launches Brand Promise to Industry

The promise includes “Knowledgeable, Responsible, Trusted: What Matters To You Is Important To Us.”

July 12, 2019

R.E. Carroll Inc. recently announced that it has launched a new “Brand Promise to the Adhesives Industry.”

Gelest Acquires Bimax

Bimax will continue to operate under the Bimax name, and all employees will be retained in their current roles.

July 11, 2019

Gelest, Inc. recently announced its acquisition of Bimax, a manufacturer and marketer of specialty monomers and polymers for use in the manufacture of contact lenses, intraocular lenses, personal care products, coatings and adhesives, and other advanced technology applications.

Synthomer Announces Agreement to Acquire OMNOVA Solutions

OMNOVA Solutions employs approximately 1,900 people and operates 13 sites across the U.S., Europe, and Asia.

July 10, 2019

Synthomer plc recently announced that it has reached an agreement with OMNOVA Solutions Inc. on the terms of a recommended acquisition of the entire issued and to-be-issued share capital of OMNOVA.

Brenntag Expands U.S. Lubricants Business with Acquisition of B&M Oil

B&M Oil generated sales of $28.5 million in 2018.

July 10, 2019

Brenntag recently announced its acquisition of B&M Oil Co., a regional lubricants distributor headquartered in Tulsa, Okla.

U.S. Chemical Industry Expansion Continues Despite Headwinds

Chemical industry growth is projected to exceed that of the U.S. economy through 2024.

July 10, 2019

U.S. chemical industry output will continue to grow in 2019 despite a challenging global economy, according to the American Chemistry Council.

LANXESS Launches High-Performance Prepolymers Production in Brazil

In addition to increasing production capacity, the company reports that application development and technical services are provided from a state-of-the-art laboratory at the site.

July 9, 2019

LANXESS recently announced that it has started the production of high-performance prepolymers at its site in Porto Feliz, Brazil.

FEICA Signs Off on Validation Report for Isocyanate Test Method

FEICA reports that the validated test method is able to measure isocyanates down to a range of 0.01-0.15%.

July 9, 2019

FEICA recently announced that it has signed off on the Validation Report of the Currenta test method for the accurate measurement of low contents of free monomeric isocyanate in mixtures.