The manufacturer is expected to report 2022 sales of approximately $140 million, and the acquisition will bring Stahl’s annual sales beyond the €1 billion mark, with an EBITDA margin above 20%.
Stahl enters the adhesive and bonding market as the company leverages its expertise in elastomer coatings to focus on applications in the automotive industry.
Specialty coatings provider Stahl announced last October that the company was expanding into the adhesive and bonding segments when it announced the launch of the RelcaBond® brand.
In this role, Hidefi will draw on 25 years of specialty chemicals, coatings, pigments, and color consulting experience to support clients in ChemQuest’s business strategy & transformation and technology development pillars.
The business development manager leads the company’s business development team, which is responsible for strengthening relationships with building owners, developers, general contractors, design professionals, and roofing consultants.
RPM International Inc. has appointed a new vice president – manufacturing for RPM after the announced retirement of Gordon M. Hyde, who previously served in this role.
PPG's new president and general counsel will continue to report to PPG senior vice president and general counsel, Anne Foulkes, and will succeed Ram Vadlamannati.
Formulated with a blend of resins and ceramic spheres, the elastomeric-acrylic coating was specifically developed as a primer coat for wood siding. SPC also offers protection on many other substrates including concrete, brick, masonry and stucco. In addition, SPC offers energy-saving insulation properties and soundproofing.
Carlisle has proposed near-term greenhouse gas reduction targets through the Science Based Targets Initiative (SBTi). According to the company, the methods and reduction scenarios Carlisle has adopted in the near-term targets are aligned with the SBTi Net-Zero Standard.
A new, multifunctional polymer additive for powder coating formulations makes the formulation easier to disperse during extrusion by promoting pigment wetting and effectively reducing melt viscosity.