Owens Corning recently reported its consolidated net sales decreased 2% to $1.24 billion in the first quarter of 2011, compared with $1.27 billion in the previous year’s first quarter.
The Hydrocarbon Specialty Chemical (HSC) division of Cray Valley has received approval from parent company Total to construct a new manufacturing facility to produce hydrogenated tackifying resins.
Momentive Specialty Chemicals Inc. and PCCR USA Inc. recently announced that the companies have signed a definitive agreement for Momentive to sell its North American composites and coating resins business to PCCR USA, a subsidiary of Investindustrial, a European investment group.