Adhesives & Sealants Headlines - Articles - Page 287

IGM Increases Photoinitiator Capacity with New Plant in China and Expansion Projects in Italy

IGM announced two capacity expansion projects at its Mortara, Italy, photoinitiator production site that will increase the site’s capacity by 25%.

August 7, 2019

Due to the growing demand of its global business and the drive to introduce innovative new products to the UV/radiation curing market, IGM Resins recently announced that it has commenced the development of a new state-of-the-art photoinitiator production facility in Anqing, Anhui Province, China.

Adhesives Sales Decline for Ashland in Third 2019 Fiscal Quarter while Coatings Sales Bump Up

Ashland’s sales declined 4% to $641 million, compared to the 2018 fiscal third quarter, including a two percentage-point (ppt) impact from unfavorable currency.

August 6, 2019

Ashland Global Holdings Inc. recently announced preliminary financial results for the third quarter of its 2019 fiscal year.

MAPEI’s Johnson to serve on FCICA Executive Board

Prior to accepting the nomination for vice chairman of associates, Johnson served on the FCICA board of directors for a year.

August 6, 2019

MAPEI Corp. recently announced that Jeff Johnson, business manager for Floor Covering Installation Systems (FCIS), has been elected to serve as vice chairman of associates on the executive board of the Flooring Contractors Association (FCICA).

Forbo Sees Sales Growth for Construction Adhesives in 2019 First Half

Forbo reports that building and construction adhesives activity posted encouraging sales growth on the whole for the first six months of 2019.

August 5, 2019

Forbo Group recently reported net sales of CHF 649.4 million (approximately $653.2 million) in the first half of 2019, compared to CHF 668.8 million (~ $672.7 million) in the 2018 first half.

Chromaflo Acquires Liquid Colours’ Dispersion Division

The newly acquired colorant dispersion division reportedly includes pigment dispersions and colorant technologies for decorative paint point of sale, in-plant systems, industrial coatings, and other applications that will be integrated into Chromaflo’s recently built plant in Johannesburg.

August 5, 2019

Chromaflo Technologies Corp. recently announced that it has concluded a purchase agreement with Liquid Colours (Pty.) Limited of South Africa.

Ravago Announces Rebranding

RCNA expects that a common approach will allow it to maximize both speed and efficiency while improving its ability to quickly understand and react to changing market dynamics.

August 5, 2019

Ravago Chemicals North America (RCNA) recently announced the rebranding and consolidation of its three channel companies (Pacific Coast Chemicals, TH Hilson, and TMC Materials) under the RCNA brand name, effective August 1.

Sales Grow 9.6% for Sika in 2019 First Half

Sika recorded single-digit sales growth in the first half of 2019, posting a new sales record of over CHF 3.7 billion (approximately $3.73 billion).

August 2, 2019

Sika recently announced its financial results for the first six months of 2019.

Nouryon Acquires Metal Alkyls Producer Zhejiang Friend Chemical

Zhejiang Friend Chemical is reportedly the largest China-based producer of triethyl aluminum (TEAL), which is a metal alkyl used in the production of high-volume polymers such as polypropylene and polyethylene.

August 2, 2019

Nouryon recently announced that it has acquired Zhejiang Friend Chemical Co. (Friend).

Berry Global Sells Seal for Life Business to Arsenal Capital Partners

The Seal for Life business reportedly has annual sales of approximately $120 million.

August 1, 2019

Berry Global Group, Inc. recently announced it has completed the sale of its Seal for Life (SFL) business to Arsenal Capital Partners for approximately $330 million.

Dow Looks to Long-Term Goals Following Tough Second Quarter

Dow’s net sales were $11 billion in the 2019 second quarter, in line with the company’s guidance and down 14% vs. pro forma results in the 2018 second quarter.

August 1, 2019

Dow recently released its financial results for the second quarter of 2019.