Chair of the House Committee on Transportation and Infrastructure Peter DeFazio (D-OR), Chair of the Subcommittee on Coast Guard and Maritime Transportation Salud Carbajal (D-CA), and Congressman John Garamendi (D-CA) have applauded House passage of S. 3580, the Ocean Shipping Reform Act of 2022.

As we’ve all seen, the events of the past two years have posed significant potential roadblocks to research and development efforts. How are companies evaluating the multiple issues involved, exploring potential solutions, and pivoting to ensure their companies remain focused on innovation in these challenging times?

I recently took the Bonding with ASI podcast on the road, sitting down with Joe Tocci, president of the Pressure Sensitive Tape Council (PSTC) at Tape Week in Orlando, Fla. Postponed twice due to the COVID-19 pandemic, the inaugural Tape Week was held May 3-5, 2022.

The U.S. Department of Energy (DOE) recently announced $3.1 billion in funding from President Biden’s Bipartisan Infrastructure Law to make more batteries and components in America, bolster domestic supply chains, create good-paying jobs, and help lower costs for families. 

Arkema recently announced details regarding its financial performance in the first quarter of 2022, announcing group sales  rose by 29.7% compared to the 2021 quarter, to almost €2.9 billion (approximately $3 billion).

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H.B. Fuller Co. recently announced financial results for its first quarter ended February 26, 2022, reporting net revenue increased 18% compared with the first quarter of 2021.

RPM International Inc. recently reported financial results for its fiscal 2022 third quarter, ended February 28, 2022. 

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What factors are influencing all of the merger and acquisition activity we’ve seen in the past year or so? Check out “Continued Consolidation in the Adhesives and Sealants Sector” for details.