The acquisition of Royce reportedly expands Gabriel’s offerings of solutions for the coatings, adhesives, and composites markets.
Gabriel Performance Products recently announced the acquisition of Royce International, a supplier of specialty epoxy resins, diluents, curing agents, and additives.
A statement was issued from Jennifer Abril, SOCMA president and CEO.
The Society of Chemical Manufacturers and Affiliates (SOCMA) recently responded to an announcement by China that it plans to impose tariffs on billions of dollars in U.S. exports.
On the basis of type, non-reactive adhesives segment reportedly dominated the overall adhesives market.
The global adhesives market is expected to reach $53,503 million by 2022 supported by a compound annual growth rate (CAGR) of 4.5% during the forecast period.
The Housing Market Index component gauging current sales conditions held steady at 77.
Builder confidence in the market for newly built single-family homes edged down one point to a level of 70 in March from a downwardly revised February reading on the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI), but remains in strong territory.