The U.S. Department of Housing and Urban Development and the U.S. Census Bureau report that single-family home construction surged in November.

Elevated mortgage rates acted as a drag on new home sales in November, but with the peak rate cycle apparently in the rear-view mirror, sales are expected to rise in the new year.

With the planned acquisition of Arc Building Products, Arkema will strengthen its position in Ireland’s growing construction-adhesives market. 

Sika has expanded its research and development capacities in the Asia-Pacific region with the opening of a new Technology Center in Suzhou, China. 

ICP Group recently appointed a building and construction industry sales leader with more than 20 years of experience as its new vice president of sales for Roofing & Waterproofing Retail and Distribution.

The appointment marks a significant step forward for the company as it continues to expand and strengthen its presence in the region.

Henkel will relaunch its bonding and sealing portfolio with recycled packaging across Europe.

Brenntag Specialties has signed a distribution agreement with Elementis for coatings and construction products in Ecuador and Mexico.

Mule-Hide Products Co. Inc., manufacturer of low-slope roofing products and systems, has appointed a new national product manager.

Despite high interest and mortgage rates, construction of single-family housing units grew in September as buyers are turning to new homes due to a poor resale market.