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The latest industry and company news, personnel announcements, and market trends and forecasts.

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Adhesives & Sealants Headlines

The latest industry and company news, personnel announcements, and market trends and forecasts.

Mergers/Acquisitions

Announcements and updates regarding merger and acquisition activities.

ARTICLES

Maroon Group Rebrands to Barentz

In conjunction with the rebranding, the company has launched a new North American website.

April 9, 2021

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Maroon Group recently announced that the company has been rebranded as Barentz.

Mactac Acquires Duramark Products

The acquisition consists of Duramark Products’ Minneapolis, Minn., and Moore, S.C., facilities.

April 9, 2021

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Mactac^®, a LINTEC company, recently announced that it has acquired Duramark Products Inc., previously known as Ritrama USA.

Covestro Completes Acquisition of Resins & Functional Materials Business from DSM

The acquisition includes the addition of more than 20 sites to Covestro's global production network.

April 8, 2021

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Covestro recently announced that it has completed its acquisition of the Resins & Functional Materials business from Royal DSM.

ASC Announces 2021 Scholarship Program Recipients

Scholarships totaling $7,500 were awarded to five students pursuing science and/or business-related degrees.

April 8, 2021

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The Adhesive and Sealant Council (ASC) recently announced the recipients of its member-only Scholarship Program for the 2020-2021 academic year.

Meridian Adhesives Group Acquires Pacific Adhesive Systems

Pacific Adhesive Systems will join Meridian's Electronics Division.

April 7, 2021

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Meridian Adhesives Group recently announced its acquisition of Pacific Adhesive Systems, a Malaysia-based company serving the electronics, semiconductor, and medical markets with adhesive and coating solutions.

February New Home Sales Down on Rising Material Costs, Interest Rates

Sales of newly built, single-family homes fell 18.2% to a 775,000 seasonally adjusted annual rate.

April 7, 2021

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Higher interest rates, supply shortages, and rising material prices, particularly for lumber, put a damper on new home sales in February.

USA Bobsled/Skeleton and tesa Formalize Partnership

Both bobsled and skeleton athletes use tesa products to fix rips in speedsuits, repair start spikes, and for aerodynamic purposes.

April 6, 2021

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USA Bobsled/Skeleton recently announced a formal partnership with tesa tape, inc.

Hexion Announces Updated Timing for Sale of Phenolic Specialty Resins, Hexamine and Europe-Based Forest Products Resins Businesses

Hexion expects the transaction to close on April 30, 2021.

April 6, 2021

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Hexion Inc. is working to complete a limited number of the necessary government approvals and other customary closing conditions to complete the sale of its phenolic specialty resin, hexamine, and Europe-based forest products resins businesses.

Submissions Open for Polyurethane Innovation Award

CPI will present the Innovation Award at the conclusion of the 2021 Polyurethanes Technical Conference.

April 5, 2021

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The Center for the Polyurethanes Industry of the American Chemistry Council recently announced that applications for the Polyurethane Innovation Award are now being accepted through June 15, 2021.