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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.

Huntsman to Acquire Remaining 50% Interest in Sasol-Huntsman Joint Venture

The Sasol-Huntsman joint venture owns a manufacturing facility in Moers, Germany, with capacity to produce 230 million pounds of maleic anhydride.

July 31, 2019

Huntsman Corp. recently announced that it has signed a definitive agreement with Sasol to acquire the 50% interest that Huntsman does not own in the Sasol-Huntsman maleic anhydride joint venture.

ExxonMobil Begins Production on Beaumont High-Performance Polyethylene Line

The expansion increases plant production capacity by 65% or 650,000 tons per year, bringing site capacity to nearly 1.7 million tons per year.

July 31, 2019

ExxonMobil recently announced that it has started production on a new high-performance polyethylene line at its Beaumont, Texas, polyethylene plant.

Environmental Concerns Expected to Help Spur Strong Demand for Polyurea Coatings

The polyurea coatings market is expected to surpass $1.5 billion by the end of 2029, registering a CAGR of over 9%.

July 31, 2019

The global polyurea coatings market was valued nearly $600 million at the end of 2018, according to a recent report.

Bostik to Acquire Adhesive Films Manufacturer Prochimir

This acquisition would reportedly enable Bostik to broaden its offering of solvent-free thermobonding solutions earmarked for many fast-growing industrial applications in the automotive, construction, textile, and medical markets.

July 30, 2019

Arkema recently announced that Bostik plans to acquire Prochimir, a company specializing in high-performance thermobonding adhesive films.

Covestro Optimistic Despite Challenging 2019 Second Quarter

While Covestro’s core volumes rose by 1.1%, group sales fell 16.9% to €3.2 billion (approximately $3.6 billion) in the 2019 second quarter due to lower selling prices.

July 30, 2019

Covestro recently announced its financial results for the second quarter of 2019.