Momentive Specialty Chemicals Inc. and UPC Technology Corp. have signed a memorandum of understanding to create a joint venture company that will build manufacturing capability in China to produce specialty phenolic resins.

The global cylinders industry has witnessed a gradual shift from the type I steel cylinders to an increased usage of composite cylinders in various segments.

The Dow Chemical Co. recently announced it is continuing to invest in a “Packaging Center of Excellence” in Horgen, Switzerland.

For the 18th consecutive year since the program began, Eastman Chemical Co. has earned energy efficiency awards from the American Chemistry Council (ACC).

A new hydrogel adhesive has been approved in Europe for use as an ocular bandage in cataract surgery. Doctors say that the glue is efficacious in sealing eye wounds and

3M recently announced that Inge G. Thulin has been appointed executive vice president and chief operating officer (COO), effective May 1.

The new venture, McCoy Soudal Sealants Adhesive & Foams Pvt. Ltd. will manufacture, service and supply sealants, adhesives, and foams in the Indian market under the co-brand McCoy Soudal.

Edge Adhesives, a Fort Worth, Texas-based manufacturer of specialty materials, recently announced the acquisition of Rubex Inc.

Robert Carroll III, president of R.E. Carroll Inc., has been honored as Executive of the Year by Biltmore’s Who’s Who for 2011-2012.

Net sales were $660 million, compared to $605 million in the fiscal three-month period ended March 28, 2010, a 9% increase.