Adhesives & Sealants Headlines - Articles - Page 242

Sales Down 9% for Ashland in Fiscal 2020 Second Quarter

Ashland reports that its portfolio performed as expected during the quarter, despite the global macroeconomic uncertainty brought on by the COVID-19 pandemic.

May 12, 2020

Ashland Global Holdings Inc. recently announced preliminary financial results for the second quarter of its 2020 fiscal year, ended March 31, 2020.

Clark Named CEO of SAMPE North America

Gregg Balko, SAMPE’s current CEO and executive director, announced his retirement in December; he will stay on until July 1 to ensure a successful transition.

May 12, 2020

The Society for the Advancement of Materials and Process Engineering (SAMPE) North America recently announced that Zane Clark has been named its new CEO, effective June 15.

Berry Global Achieves Record Net Sales in its 2020 Fiscal Second Quarter

Berry Global’s 53% increase in net sales compared to the 2019 quarter is primarily attributed to acquisition net sales of over $1 billion and a base volume increase of 2%.

May 11, 2020

Berry Global Group, Inc. recently reported its second quarter 2020 results, including overall net sales of almost $3 billion.

Housing Affordability Declines Due to Economic Losses Stemming from COVID-19 Pandemic

In all, 61.3% of new and existing homes sold between the beginning of January and end of March, 2020, were affordable to families earning an adjusted U.S. median income of $72,900.

May 11, 2020

Surging job losses in March stemming from the COVID-19 pandemic contributed to a decline in U.S. median income and housing affordability in the first quarter of 2020, according to the most recent National Association of Home Builders (NAHB)/Wells Fargo Housing Opportunity Index (HOI).

Ons to Succeed Bruce as Secretary General of FEICA

Kristel Ons served as deputy to Philip Bruce for the last four years and has been involved in all secretary general duties since the beginning of 2020 to ensure a smooth transition to the new role.

May 8, 2020

Roland Albers, president of FEICA, the Association of the European Adhesive and Sealant Industry, recently announced that the FEICA executive board has unanimously appointed Kristel Ons the incoming secretary general of the association, effective June 15, 2020, succeeding Philip Bruce.

3M Completes Sale of Substantially All of Its Drug Delivery Business

The divested business has annual global sales of approximately $380 million.

May 8, 2020

3M recently announced that it has completed the sale of substantially all of its drug delivery business to an affiliate of Altaris Capital Partners, LLC, for approximately $650 million in total consideration.

Revenues Decline 5% for Huntsman in 2020 First Quarter

Huntsman’s Advanced Materials segment saw revenues decline 11% in the 2020 first quarter, to $241 million.

May 7, 2020

Huntsman Corp. recently reported its first quarter 2020 results with revenues of almost $1.6 billion, a 5% decline compared to the first quarter of 2019.

Toyal America Expands Palmer Holland’s Territory into Canada

Toyal America manufactures a portfolio of aluminum pigments, pastes, flakes, and powders for automotive and industrial applications.

May 7, 2020

Effective immediately, Toyal America has expanded Palmer Holland’s territory to include Canada, building on Palmer Holland’s existing responsibilities in U.S.

IPS Adhesives Establishes Manufacturing Center of Excellence in North Carolina

The new center coincides with recent investments in production, as well as IPS’ efforts in centralizing its North American R&D and customer service activities at the facility.

May 6, 2020

IPS Adhesives recently announced that it has established a manufacturing Center of Excellence in its Durham, N.C., ISO 9001:2015-certified facility.

North American Printed Circuit Board Industry Sees Spike in Shipments Due to Pandemic

Shipments of printed circuit boards in North America increased 31.6% in March 2020, compared to the preceding month.

May 6, 2020

IPC-Association Connecting Electronics Industries recently announced the March 2020 findings from its North American Printed Circuit Board (PCB) Statistical Program.