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Lone Star Funds to Acquire BASF’s Construction Chemicals Business

With more than 7,000 employees, BASF’s Construction Chemicals business operates production sites and sales offices in more than 60 countries.
BASF and an affiliate of Lone Star, a global private equity firm, recently signed a purchase agreement for the acquisition of BASF’s Construction Chemicals business.
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event speakers and presenters

SMTA Finalizes Pan Pacific Microelectronics Symposium Program

The Pan Pacific Microelectronics Symposium reportedly promotes international technical interchange and provides a forum for networking among microelectronics professionals and business leaders throughout the world.
SMTA recently announced that the program is finalized for its 25th Annual Pan Pacific Microelectronics Symposium, which will take place February 10-13, 2020, at the Westin Hapuna Beach Resort on the Big Island of Hawaii.
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residential construction

Builder Confidence Ends 2019 Strong on Solid Economic Fundamentals

All three Housing Market Index components registered gains in December 2019.
Builder confidence in the market for newly built single-family homes increased five points to 76 in December, from an upwardly revised November reading, according to the latest National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI).
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acquisitions_mergers_gears

ALTANA Acquires Overprint Varnish Specialist Schmid Rhyner

Schmid Rhyner reportedly generated sales of roughly €50 million (approximately $55.6 million) in 2018, with around 80 employees.
ALTANA recently announced it is acquiring Switzerland-based Schmid Rhyner AG, thereby strategically expanding its ACTEGA division.
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Electronics

Electronics Manufacturers See Internet of Things as Key Growth Driver

The electronics industry’s expected direction in the next six months remained generally optimistic, with all business indicators looking positive.
Growth is slowing worldwide and the electronics industry’s outlook is less optimistic than in previous quarters, although it is still generally positive, according to the results of IPC’s fourth quarter 2019 “Pulse of the Electronics Industry” survey.
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Henkel Fortify

Henkel and Fortify Join Forces to Enable High-Performance Applications in 3D Printing

The combined solution reportedly leverages Fortify’s digital composite manufacturing (DCM) 3D printing technology, which mixes reinforcing fibers with Henkel’s resins, and then utilizes magnetics to align the fibers for optimum strength in printed parts.

Henkel and Fortify recently initiated a development agreement that allows both companies to mutually combine their areas of expertise and further drive the potential of additive manufacturing.


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