As a consequence of the coronavirus pandemic and the increasingly adverse business environment, Covestro has concluded that its previously provided outlook cannot be upheld.
April 17, 2020
Covestro recently announced it has been actively executing its crisis management plans in response to the global spread of the COVID-19 pandemic and adjusting business operations according to local developments.
The decline in April was the largest single monthly change in the history of the index and marks the lowest builder confidence reading since June 2012.
April 16, 2020
Reflecting the growing effects of the COVID-19 pandemic, builder confidence in the market for newly built single-family homes plunged 42 points in April, according to the latest National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI).
Marcy Gainey of TechCheck LLC, the RadTech regulatory consultant, is offering complimentary support to RadTech members for any project involved with helping to get supplies to the front lines of the fight against the coronavirus.
April 14, 2020
Many RadTech members are working to assist those on the “front lines” of combat against COVID-19.
Adhesives and sealants companies are facing major challenges on a number of fronts due to the COVID-19 pandemic, but they can take steps to navigate through the crisis.
The broad economic effect of the coronavirus is not yet known, and it might not be fully realized for quite some time. What does this mean for adhesives and sealants companies?
FEICA will be reaching out to attendees and exhibitors to organize refunds or to reschedule their participation for 2021.
April 10, 2020
FEICA, the Association of the European Adhesive and Sealant Industry, recently announced that the threat posed by the COVID-19 pandemic has prompted the cancellation of its European Adhesive & Sealant Conference and EXPO.
As market conditions evolve, ExxonMobil will continue evaluating the impacts of decreased demand on its 2020 production levels, as well as longer-term production impacts.
April 9, 2020
ExxonMobil recently announced it is reducing its 2020 capital spending by 30% and lowering cash operating expenses by 15% in response to low commodity prices resulting from oversupply and demand weakness from the COVID-19 pandemic.
By 2024, Arkema aims to generate sales of €10-11 billion (approximately $10.9-12 billion) for the specialty materials businesses.
April 8, 2020
Arkema recently announced its ambition to become a world leader in specialty materials realigned around three coherent businesses: Adhesive Solutions, Advanced Materials, and Coating Solutions.
Building 1,000 average single-family homes creates 2,900 full-time jobs and generates $110.96 million in taxes and fees for all levels of government, according to NAHB’s “National Impact of Home Building and Remodeling” report.
April 8, 2020
A recent study from the National Association of Home Builders (NAHB) shows that housing stands poised to lead the economic rebound once social distancing and other virus mitigation efforts show success in containing the coronavirus pandemic.