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Adhesives & Sealants Headlines

Industry News (January 2007)

January 1, 2007

Company News

appli-tec has relocated its offices and manufacturing operations to a new 20,000 sq. ft. facility at 7 Industrial Way in Salem, NH. The company was formerly located in Haverhill, MA.

Ashland Inc., Covington, KY, recently announced the signing of a definitive agreement to purchase the assets of Northwest Coatings of Oak Creek, WI, a formulator and manufacturer of adhesives and coatings employing ultraviolet and electron beam (UV/EB) polymerization technologies. Northwest Coatings is a holding of Calitus Equity Partners. The transaction, which includes production facilities in Milwaukee, WI, and Greensboro, NC, is valued at approximately $72 million.

Bayer MaterialScience AG, Leverkusen, Germany, has responded to the rapidly growing importance of markets in the Middle East by establishing a new innovation center in Dubai. This facility is the first development center for high-quality polymer materials in the region to have access to a wide range of options for technical service, the development of new applications, and training for customers and employees.

Following the acquisition of Engelhard Corp. in June, BASF, Florham Park, NJ, has announced the full integration of Engelhard into its global operations. BASF expects the integration to result in annual synergies of $200 million by 2010, almost half of which will be achieved by 2007, and more than 80% by 2008. Contributing to the synergies will be a broader global reach, a stronger business presence in certain regions and further extensions into key markets.

The Pigments & Additives Division of Clariant, Muttenz, Switzerland, has announced the changing of all product names beginning with the syllable “Sand.” The company will execute name changes in all printed materials, online sites and product databases beginning Jan. 1, 2007, with rebranding scheduled for completion by Jan. 1, 2008.

CryoLife Inc., a San Mateo, CA-based biomaterials and biosurgical device company, has announced the signing of a licensing and distribution agreement with BioForm Medical, Inc. for the development and commercialization of CryoLife’s proprietary BioGlue® Surgical Adhesive for use in cosmetic and plastic surgery indications. BioGlue is currently approved in the U.S. as an adjunct to sutures and staples for use in adult patients in open surgical repair of large vessels. The product is CE-marked in the European Community and approved in Canada and Australia for use in cardiac, vascular, pulmonary, and other soft tissue repair.

Dow Epoxy, Midland, MI, has announced a $1.6 debottlenecking project that will add 20 kilotons (45 million lbs) per annum in allyl chloride manufacturing capacity to its plant in Freeport, TX. The added capacity, expected to be available in the third quarter of 2007, brings total capacity at the allyl chloride plant to 360 KTPA (794 million lbs).

DuPont Chemical Solutions Enterprise, Wilmington, DE, has appointed ChemPoint, Bellevue, WA, as a national distributor for one of its major cleaning and descaling products, Glycolic Acid 70% Technical Grade. DuPont’s Clean and Disinfect Team selected ChemPoint for distribution privileges in the U.S. because of its track record for achieving targeted growth and for their outstanding reputation in the chemical solutions industry.

Dyneon LLC, Oakdale, MN, has announced the appointment of Chemtech Specialties Inc. as an authorized distributor of the company’s polymer additive products focusing on the northeastern U.S. Polymer additives from Dyneon’s Specialty Additives business are used in engineered plastics applications to achieve critical performance characteristics, such as wear and mar resistance or anti-drip properties. A subsidiary of Brenntag North America, Chemtech Specialties is a major chemical distributor with headquarters and warehouse facilities in Philadelphia.

RPM International Inc., Medina, OH, has announced that its Carboline Company subsidiary has acquired certain intumescent fireproofing assets of Nu-Chem, Inc., and that its Tremco Group subsidiary has acquired Permaquik Corp. The acquired businesses have combined annual revenues of approximately $12 million. Terms were not disclosed.

Sartomer Co., Exton, PA, has named J.H. Calo Co. of Westbury, NY, as the newest distributor of its Wingtack® resin line. J.H. Calo will be responsible for distributing Wingtack resins in Connecticut, Main, Massachusetts, New Hampshire, New Jersey, New York, Rhode Island and Vermont. The company also distributes Sartomer’s Norsolene resins.

The Sea-Land Chemical Co. has announced it will represent Lanxess’ Baypure product line of biodegradable chelating and dispersing agents. Lanxess, a global manufacturer of specialty chemicals, views Sea-Land Chemical Co. as a perfect fit for the Baypure Products, which are widely used in Europe but relatively new to North America. With Sea-Land’s seven stocking locations nationwide, they will be able to fulfill customer requirements in a timely fashion.

Sekisui Voltek, Lawrence, MA, has renamed the recently acquired Youngbo America, Inc. to Sekisui Voltek California, Inc. Sekisui Voltek LLC acquired the California corporation in July. The name change is intended to incorporate the Youngbo America brand into the globally recognized Sekisui brand and to capitalize on the strong North American brand name of Voltek products.

People

Steven J. Adamson, market manager of Asymtek, Carlsbad, CA, has been elected president-elect of the International Microelectronics and Packaging Society (IMAPS) for 2007. He will become president in 2008.

TROY Corp., Florham Park, NJ, has announced the appointment of Mark Gwillim as president and chief operating officer. In his new capacity, Gwillim will be responsible for all aspects of company operations worldwide and will have profit/loss responsibility.

Mike Ladd has been appointed as the Unidyne™ business manager for Daikin America, Orangeburg, NY. Ladd has been with the company for over 13 years, specializing in production planning, procurement, budgeting and accounting.

Sartomer Co., Exton, PA, has appointed Timothy R. Lineberry as plant manager of its Chatham, VA, facility. Lineberry has been with Sartomer for more than eight years as a plant engineer at the Chatham facility where he directed maintenance and engineering groups, was responsible for the plant-directed capital appropriations program and was site contact for corporate engineering projects.

Eric Luftig has joined Nordson Corp., Duluth, GA, as marketing manager for the Adhesive Systems Group. In his new role, Luftig will be responsible for developing and managing marketing efforts for the Packaging and Product Assembly business group, as well as leading efforts to identify and capitalize on trends in new and existing global markets.

RPM International Inc., Medina, OH, has announced that Edward W. Moore has joined the company of vice president, general counsel and secretary. He succeeds and will report to P. Kelly Tompkins, who was recently promoted to executive vice president and chief administrative officer.

Nicholas Trainer, president of Sartomer Co., has announced his retirement from the company effective Jan. 1, 2007. Under Trainer’s leadership, Sartomer’s annual sales revenue grew from approximately $2 million in the late 1960s to more than $420 million in 2005.

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