Scott Bader recently announced that it is recognizing significant opportunities available in India and is committed to bringing composite and adhesive technologies to its Indian customers for wind energy, electric vehicle battery technologies, and lightweighting in transport such as rail and infrastructure projects.
Fedrigoni announced that it is supporting Médecins Sans Frontières (Doctors Without Borders) in its efforts to supply medical aid, training and humanitarian relief to victims of the conflict in Ukraine.
The market will continue to reward innovation in adhesives for packaging applications.
April 28, 2022
Adhesives will play a defining role in the future of packaging development, with the post-COVID marketplace providing a spur to sustainable technology. In 2021, the packaging industry is estimated to have consumed 5.40 million metric tons of adhesives. A forecast CAGR of 3.4% will push global consumption of packaging adhesives to 7.90 million metric tons in 2027.
Prince International Corp., a portfolio company of American Securities LLC, has completed its acquisition of Ferro Corp. in an all-cash transaction valued at approximately $2.1 billion.
Against the background of the current developments of the war in Ukraine, Henkel recently announced that it has decided to exit its business activities in Russia.