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Awards

MAPEI Wins Multiple Honors at Starnet Design Awards

Reportedly intended to celebrate the partnerships between Starnet Worldwide Commercial Flooring members, vendor partners, and the architecture and design community, the awards showcase a wide array of floor covering projects.
May 28, 2019
MAPEI was recently honored at the 21st annual Starnet Design Awards in Scottsdale, Ariz.
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SOCMA Addresses China Tariffs and Impact on Specialty Chemical Manufacturers

As the U.S. and China negotiate the sequencing of tariff removal, SOCMA reports that it is proactively monitoring and advocating on behalf of the specialty chemical industry.
May 28, 2019
The Trump Administration’s decision to raise tariff rates from 10 to 25% on $200 billion in Chinese imports will disproportionately burden specialty chemical manufacturers, according to a statement released by the Society of Chemical Manufacturers & Affiliates (SOCMA).
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coatings

PPG to Maintain Business Portfolio Composition Following Strategic Business Review

Based on multiple reports and evaluation, the PPG board has determined that maintaining the company’s current business portfolio composition, including its architectural and industrial coatings businesses, provides the best opportunity to maximize long-term shareholder value.
May 24, 2019
PPG recently announced that two separate and independent reviews of its business portfolio were completed by Goldman Sachs & Co. LLC and Morgan Stanley & Co. LLC, with each firm independently conducting multi-faceted evaluations of PPG’s business portfolio, including potential separation opportunities.
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Market-Trends

New Study Projects Strong Growth for Industrial Adhesives

While demand for industrial adhesives is expected to grow at a significant rate during the forecast period, the market is facing challenges due to crude oil price volatility.
May 24, 2019
A recent market research study projects that the global industrial adhesives market will add over $13.9 billion to its value from 2019-2023, growing at a CAGR of almost 5%.
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LORD Redelease award

Redelease Receives LORD Preferred Distributor in South America Award

In addition to commercial performance, questions evaluated by LORD to define the winner of the award include the numbers of projects implemented and some qualitative aspects, such as excellence in customer service.
May 23, 2019
For the second consecutive year, LORD, a Brazilian subsidiary of the North American LORD Corp., has awarded Redelease as the Preferred Distributor for Structural Adhesives in South America in 2019.
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generic chemicals

Chemical Activity Barometer Shows Third Monthly Gain in May

The CAB has four main components, each consisting of a variety of indicators: production, equity prices, product prices, and inventories and other indicators.
May 23, 2019
The Chemical Activity Barometer (CAB), an economic indicator created by the American Chemistry Council (ACC), rose 0.4% in May 2019 on a three-month moving average basis, the third monthly gain after several weak months.
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Electronics

Stone Named Senior Director of Sales for IPC

Michael Stone reportedly has more than 25 years of experience in sales management, account development, and building highly effective sales teams.
May 22, 2019

IPC-Association Connecting Electronics Industries® recently announced the appointment of Michael Stone to the position of senior director of Sales.


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Seam Tapes Market to Expand Globally through 2026

The increasing trend to supplant sewing with adhesive film bonding and the development of the sports and outdoor clothing industry are some factors impacting growth of the seam tapes market.
May 22, 2019

The global market for seam tapes reached $180.2 million in 2017 and is expected to grow to $368.4 million by 2026, expanding at a CAGR of 8.3% from 2017-2026.


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