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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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ViscoTec Christophe Lalanne

ViscoTec Opens New Branch Office in France

ViscoTec’s fifth subsidiary worldwide, the new sales, service, and support organization in France will distribute and support both ViscoTec and preeflow products.
October 9, 2019
ViscoTec recently announced that it has opened a branch in Mérignac, Bordeaux, France.
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Awards

Bostik Receives Kao China Award

The Excellent Proposal Award is reportedly granted to Kao’s top vendors that made technical and commercial proposals dedicated to improving quality, performance, and cost.
October 8, 2019
Kao China granted the Excellent Proposal award to Bostik during its recent Vendor Summit in Shanghai.
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event speakers and presenters

Evonik Presenting Six Technical Papers at The Center for Polyurethanes Industry’s 2019 Technical Conference

Technical sessions at the conference reportedly highlight topics from across the polyurethane industry, including updates on regulatory changes, breakthrough technologies, market data, and current challenges facing the industry.
October 8, 2019
Evonik recently announced that it will present six papers and one technical poster at the 2019 edition of The Center for Polyurethanes Industry’s (CPI) annual Technical Conference, which is taking place October 7-9 in Orlando, Fla.
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acquisitions_mergers_gears

Huntsman Completes Sasol-Huntsman Joint Venture Acquisition

Huntsman now owns 100% of the joint venture, with manufacturing assets in Moers, Germany, and the capacity to produce 230 million pounds annually of maleic anhydride.
October 7, 2019

Huntsman Corp. recently announced that it has completed the previously announced acquisition of the remaining 50% interest in the Sasol-Huntsman maleic anhydride joint venture from Sasol.


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Label Awards 2019

Winners of 16th Label Industry Global Awards Announced at Labelexpo Europe

The Label Industry Global Awards reportedly recognize the most innovative, influential, and successful work from the label and package printing industry across the globe in the last 12 months.
October 7, 2019
Avery Dennison, Esko, and GMG were among the category winners honored at this year’s Label Industry Global Awards, which took place on September 24 at Brussels Expo, Belgium, the first night of Labelexpo Europe 2019.
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