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3M’s Bushman Announces Retirement

Julie Bushman was on the original leadership team that implemented Lean Six Sigma at 3M.
February 6, 2020
Julie L. Bushman, executive vice president of International Operations for 3M, recently announced her intention to retire, effective April 1, 2020.
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Moving/expansion

Sika Opens New Plant in Colombia

Sika reports that the facility features modernized production lines, significantly increased capacity, and a training center for customers.
February 5, 2020
Sika recently announced that it has invested in a new state-of-the-art plant for the production of concrete admixtures, acrylic liquid-applied membranes, and mortars in Barranquilla, the fourth-largest city in Colombia.
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acquisitions_mergers1

Milliken Finalizes Borchers Acquisition

As Borchers integrates into Milliken, daily operations will reportedly continue without interruption, including relationships with existing suppliers and customers.
February 5, 2020
Milliken & Co. recently announced that it has formally acquired Borchers Group Ltd. from The Jordan Company, L.P.
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ACTEGA new Brazil site

ACTEGA Inaugurates New Integrated Site in Brazil

In a first step, the company is merging the administration, production, and R&D activities from two existing Brazilian sites in Guarulhos and Barueri into the new site in Araçariguama.
February 4, 2020
ACTEGA do Brazil, a company of ALTANA, recently announced that it has inaugurated a new integrated site in the city of Araçariguama in the Brazilian state of São Paulo.
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Avery Dennison lamination adhesives

AVERY DENNISON PERFORMANCE TAPES: Lamination Adhesives Portfolio

The Performance Tapes portfolio offers a selection of pressure-sensitive adhesive tape constructions that meet a wide range of needs.
February 4, 2020

Avery Dennison Performance Tapes recently launched its lamination adhesives portfolio, which reportedly enables durable labels to maintain critical product messaging over an item’s lifetime.


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Market-Trends

Ashland Sees Sales Dip 7% in Fiscal First Quarter

Ashland’s sales were $533 million in the first fiscal 2020 quarter, down 7% vs. the prior-year quarter.
February 3, 2020
Ashland Global Holdings Inc. recently announced preliminary financial results for the first quarter of its fiscal 2020 year, ended December 31, 2019.
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