The CARES Act establishes a new $349 billion Paycheck Protection Program that will reportedly provide relief to millions of small businesses so they can sustain their businesses and keep their workers employed.
April 2, 2020
Jovita Carranza, Small Business Association (SBA) administrator, and Steven T. Mnuchin, Treasury Department secretary, recently announced that the SBA and Treasury Department have initiated a robust mobilization effort of banks and other lending institutions to provide small businesses with the capital they need as a result of the COVID-19 crisis.
The silicone materials, including cyclosiloxanes D4 and D5, polydimethylsiloxane oils (PDMS), silanol fluids, functional fluids, emulsions, antifoams, gels, and sealants, will be marketed by IMCD for all specialty market applications.
April 2, 2020
Elkem Silicones recently announced a strategic distribution partnership with IMCD to promote and distribute silicone materials in North America.
The first edition of the revamped Tape Week was cancelled due to COVID-19.
April 1, 2020
The Pressure Sensitive Tape Council (PSTC) recently announced that it has secured the Hilton Orlando Buena Vista Palace for Tape Week to be held May 3-6, 2021.
Funding will be awarded to eligible Manufacturing USA institutes, a network of 14 public-private partnerships that work with academic and private sector manufacturing organizations on research and development and manufacturing skills training.
April 1, 2020
The U.S. Department of Commerce’s National Institute of Standards and Technology (NIST) has opened a funding opportunity for rapid, high-impact projects that support the nation’s response to the COVID-19 pandemic.
The two-day conference brought together 499 senior stakeholders from 21 countries who were eager to share ideas and shape the future direction of the region’s label and package printing industry.
March 31, 2020
The 17th edition of Label Summit Latin America was held March 10-11 in Santiago, Chile.
A new plant, to be owned and operated by Sumitomo, will produce 1,3-diisopropanolbenzene (DIOL) and is due to start production in 2021.
March 30, 2020
Nouryon recently announced that it is expanding its partnership with Sumitomo Chemical to include a new facility that Sumitomo is building at its site in Oita, Japan.
The coatings industry supports a number of commercial sectors that require critical product formulations to maintain the ongoing operations of their businesses and thereby support critical operations of their customers.
March 30, 2020
The Canadian Paint and Coatings Association (CPCA) recently shared that the paint and coatings industry continues to supply critical products in support of historic challenges brought on by the current pandemic.
Last year, Covestro put in place a global strategic program to establish the theme of circular economy throughout all areas of the company.
March 27, 2020
Covestro recently announced that it will take a loan with the European Investment Bank (EIB) for €225 million (approximately $243.7 million) to provide medium-term funding to strengthen its R&D work in the areas of sustainability and circular economy within the European Union (EU).
The goal of the tool is to help companies develop sales forecasts in a specific market or sector using 101 key metrics specifically chosen for the adhesives and sealants industry.
March 27, 2020
The Adhesive and Sealant Council (ASC) has partnered with ITR Economics to create the ITR Market Forecasting Tool.