Worldwide sales of compostable foodservice packaging reached approximately 6,400 tons worth $16.7 million in 2018; the market is projected to grow at a CAGR of around 5% through 2029.

Covestro recently announced that it is serving as a key raw materials partner in a consortium managed by the Technical University of Denmark that is currently carrying out a research project called DURALEDGE (from durable leading edges) to investigate erosion mechanisms and develop new coatings to permanently protect rotor blades.

Chromaflo Technologies recently announced the additions and role changes of several team members.

Dow recently announced that it has reached an agreement for the divestiture of its Acetone Derivatives business to Altivia Ketones & Additives, LLC, an affiliate of Altivia, a privately held producer of chemicals headquartered in Houston, Texas.

Builder confidence in the market for newly built single-family homes rose one point to 66 in August, according to the latest National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI).

Wacker recently announced that it is strengthening its presence in India by opening a technical center in Bengaluru.

Ashland Global Holdings Inc. recently announced that it has received the remaining regulatory approvals needed to close the previously announced sale of certain assets of Ashland’s Composites business and butanediol facility in Marl, Germany, to INEOS Enterprises Holdings Limited.

Evonik recently announced that it has closed the sale of its Methacrylates business to Advent International for €3 billion (approximately $3.3 billion).

Henkel recently announced its financial results for the second quarter and first half of 2019.

Consistent with the theme of “Focus on the Future,” the Adhesive and Sealant Council (ASC) is introducing an Emerging Leaders Workshop to its Executive Leadership Conference programming.