Adhesives & Sealants Headlines - Page 211 | Adhesives & Sealants Industry

Single-Family Housing Starts at Highest Pace Since Spring of 2007

Single-family starts in October 2020 increased 6.4% to a 1.18 million seasonally adjusted annual rate and were up 8.6% year-to-date.

December 9, 2020

Led by solid gains in single-family production, overall housing starts increased 4.9% in October 2020 to a seasonally adjusted annual rate of 1.53 million units, according to a report from the U.S. Department of Housing and Urban Development and the U.S. Census Bureau.

Huntsman to Acquire Gabriel Performance Products

Under the terms of the agreement, Huntsman will pay $250 million, subject to customary closing adjustments, in an all-cash transaction funded from available liquidity.

December 8, 2020

Huntsman Corp. recently announced its agreement to acquire Gabriel Performance Products, a North American specialty chemical manufacturer of specialty additives and epoxy curing agents for the coatings, adhesives, sealants, and composite end markets, from funds owned by Audax Private Equity.

Carter Appointed to Graco Board of Directors

Brett C. Carter will serve on Graco’s Audit Committee and its Management Organization and Compensation Committee.

December 8, 2020

Graco Inc. recently announced that Brett C. Carter has been appointed a member of its board of directors, effective February 11, 2021.

EnvisionTEC and Henkel Expand Partnership to Drive Next Level of Additive Manufacturing in Industrial Production

With the launch of new systems from EnvisionTEC and the expansion of Henkel’s industrial-grade materials portfolio, the companies report that they are well-positioned to support the volume production of end-use parts.

December 7, 2020

EnvisionTEC and Henkel recently announced an expansion of their partnership agreement to further drive the adoption of production-level 3D printing.

Global Market for Lamination Adhesives in Flexible Packaging to See Strong Growth through 2027

Increasing spending on packaged foods across developed and developing regions is expected to propel market growth.

December 7, 2020

The global lamination adhesives for flexible packaging market is projected to surpass $2.6 billion by the end of 2027, growing at a CAGR of 6.6% from 2020-2027.

ASC Moves World Adhesive and Sealant Conference to April 2022, Announces 2021 Events

While the World Adhesive and Sealant Conference has been postponed to 2022 due to ongoing pandemic concerns, ASC plans to schedule several events for the fall of 2021.

December 4, 2020

The Adhesive and Sealant Council (ASC) recently announced that it has moved the dates of the 10th World Adhesive and Sealant Conference (WAC), previously scheduled for April 19-21, 2021, to April 25-27, 2022.

Excelitas Technologies Celebrates Milestone

Since being established as an independent company spun out of Perkin Elmer in December 2010, Excelitas reports that it has enjoyed greater than three-fold growth in both revenue and headcount.

December 4, 2020

Excelitas Technologies Corp. recently announced that it is celebrating the 10-year anniversary of its founding.

Rasmussen and Happe Elected to H.B. Fuller Board of Directors

Michael Happe and Teresa (Terry) Rasmussen will both serve on the board’s Audit and Compensation Committees.

December 3, 2020

H.B. Fuller Co. recently announced that it has elected Michael Happe and Teresa (Terry) Rasmussen as independent members to its board of directors.

ADEKA Reactive Surfactants Receive New FDA Approval for Food-Contact Adhesives

ADEKA recently received FDA approval to increase usage levels up to 3% by weight (dry), reportedly allowing adhesive manufacturers to achieve optimal polymerization stability.

December 3, 2020

ADEKA Corp. recently announced that its REASOAP series has received U.S. Food and Drug Administration (FDA) approval to increase maximum usage levels in accordance with FDA 21 CFR 175.105 (Adhesives) and 175.125 (Pressure-Sensitive Adhesives).

Nynas Successfully Exits Reorganization

Nynas reports that it is coming out of reorganization as a stronger company, with five‐year secured financing and a strong balance sheet.

December 2, 2020

The District Court of Södertörn in Sweden has decided that the Nynas company reorganization is complete, following a creditors meeting where the previously submitted composition proposal was accepted.