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3M Completes Acelity Acquisition

Acelity produces KCI-branded products for advanced wound care and specialty surgical applications.
October 15, 2019

3M recently announced that it has completed its acquisition of Acelity, Inc. and its KCI subsidiaries worldwide for a total enterprise value of approximately $6.7 billion.


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Papasso Joins Maroon Group as Vice President of Principal Management

While assuming responsibility for the management of numerous Maroon Group key principal supplier relationships, Thomas Papasso will be working with the company’s sales and service teams.
October 15, 2019
Maroon Group recently announced the addition of Thomas Papasso in the role of vice president, Principal Management-CASE.
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BYK Announces Management Change as Glander Steps Down

Christoph Schlünken, Ph.D., a member of the management board, is temporarily taking over the divisional management of BYK and all related functions with immediate effect until a successor for the position is found.
October 14, 2019
Stephan Glander, Ph.D., president of ALTANA’s BYK division, is leaving the company by mutual agreement in order to take up new challenges outside the ALTANA Group.
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Industrial Caulk and Seal Completes 1 Million Linear Feet of Joint Fill

Most of the installation occurred as a component of the new construction of large logistic warehousing along the Eastern Seaboard.
October 14, 2019
Industrial Caulk and Seal (ICS) recently announced that, as of last month, it had installed over 1 million linear feet of semi-rigid joint filler through the previous 12 months.
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Ashland Guillermo Novo

Novo to Become Ashland Chairman and CEO Upon Wulfsohn Retirement

William A. Wulfsohn will continue to serve as Ashland’s chairman and CEO through the end of the year to ensure a smooth transition.
October 11, 2019
Ashland Global Holdings Inc. recently announced that its board of directors has elected Guillermo Novo chairman and CEO of Ashland, effective December 31, 2019.
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Huber Nears Completion on Capacity Expansion for Fire Retardant Additives

According to Huber, the investment increases fine precipitated hydrate production capacity at Martinswerk for certain grades by about 20%.
October 11, 2019
The Fire Retardant Additives (FRA) business unit of the Huber Engineered Materials (HEM) division of J.M. Huber Corp. recently announced that its fine precipitated hydrate (FPH) phase-two capacity expansion project at the Martinswerk Plant is scheduled to be completed by the end of this year.
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Sika Announces New Multi-Component Business Strategy

By targeting the six pillars of market penetration, innovation, operational efficiency, acquisitions, strong corporate values, and sustainability, Sika plans to grow by 6-8% per year up to 2023.
October 10, 2019
At the recent 2019 Sika Capital Markets Day, CEO Paul Schuler presented the company’s new Strategy 2023, which reportedly builds on the current growth model.
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Wacker pyrogenic silica Tennessee expansion

Wacker Launches Production of Pyrogenic Silica in the U.S.

The facility’s annual production capacity of 13,000 metric tons will be used both for sales purposes and for Wacker’s own silicone production.
October 10, 2019
Wacker Group recently announced that it has officially brought a plant for manufacturing pyrogenic silica on stream at its site in Charleston, Tenn.
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