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Raised-Hands

ASC Seeks Innovation Awards Nominations

The deadline for submissions for the 2019 Innovation Award is January 31, 2019.

The Adhesive and Sealant Council (ASC) recently announced it is accepting nominations for its Innovation Awards.


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3M to Include Sustainability in All New Products

The new requirement is reportedly the first goal of the company’s new sustainability focus that CEO Mike Roman announced Nov. 15.

3M recently announced that, starting in 2019, all new products it launches will be required to have a Sustainability Value Commitment.


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Laminating Adhesives Market to Rise Nearly 7%

The market is expected to witness growth owing to the increasing demand for laminating adhesives.

The laminating adhesives market size is projected to grow from $2.5 billion in 2018 to $3.4 billion by 2023.


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Market-Trends

U.S. Specialty Chemicals Market Improving

The overall specialty chemicals volume index was up 6.1% on a year-over-year (Y/Y) 3MMA basis.

The American Chemistry Council (ACC) recently reported that U.S. specialty chemicals market volumes started the fourth quarter on a healthy note.


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Builder Confidence Drops as Housing Affordability Issues Rise

All of the major HMI indices posted declines in November 2018.

Growing affordability concerns resulted in builder confidence in the market for newly built single-family homes falling eight points to 60 in November on the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI).


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Moving/expansion

Ashland Completes Expansion in China

The expansion reportedly increased the company’s manufacturing output by at the site by nearly 30%.

Ashland recently completed a successful expansion for Natrosol™ hydroxyethylcellulose (HEC) in Nanjing, China.


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Troy Completes DBM Blending Acquisition

Included in the acquisition is a manufacturing facility near Rotterdam, The Netherlands.

Troy Corp. recently announced that it has completed the acquisition of DBM Blending.


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