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COVID-19

Is the Housing Industry Poised to Lead the Nation’s Economic Recovery?

As stay-at-home orders continue to be lifted across the country, the residential construction industry is shifting its business environment to ensure all safety precautions are exercised throughout the home building and buying process.
June 12, 2020

As the industry observes National Homeownership Month in June, recent housing data indicate the important role the residential construction industry will play in leading the U.S. economic recovery from the coronavirus pandemic, according to the National Association of Home Builders (NAHB). 


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Sika Acquires Egypt-Based Modern Waterproofing Group

The acquisition reportedly supplements and rounds off the product portfolio of Sika Egypt and offers new opportunities for growth in the Egyptian construction market.
June 9, 2020
Sika recently announced that it has acquired Modern Waterproofing Group, a manufacturer of roofing and waterproofing systems in Egypt.
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Evonik synthetic silica additive

EVONIK: Synthetic Silica for Coatings Formulations

Evonik reports that variations in the wet reaction process conditions enable the control of many aspects of final coatings formulations, such as pH, surface area, pore volume, and other structural or morphological effects.
June 2, 2020
The Coating Additives business line of Evonik recently introduced SPHERILEX silica wet chemistry technology, with three new products.
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Accella Polyurethane Systems Becomes Carlisle Polyurethane Systems

Carlisle Polyurethane Systems will continue to focus on foams, surface and specialty coatings, binders, casting resins, adhesives, sealants, and elastomers.
May 28, 2020
Carlisle Construction Materials, an operating segment of Carlisle Companies Inc., recently announced that it is changing the name of its CASE business from Accella Polyurethane Systems to Carlisle Polyurethane Systems.
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residential construction

Builder Confidence Posts Solid Gain in May Following Historic April Drop

The May rise in builder sentiment follows the largest single monthly decline in the history of the Housing Market Index in April.
May 22, 2020

In a signal that the housing market is showing signs of stabilizing and gradually moving forward in the wake of the COVID-19 pandemic, builder confidence in the market for newly built single-family homes increased seven points to 37 in May, according to the latest National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI).


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Awards

Two PPG Facilities in Ohio Receive Recognition for Environmental, Health, and Safety Initiatives

PPG's Barberton location was presented with an Award for Excellence in Health and Safety Performance, while the Huron facility received recognition for Environmental Performance.
May 13, 2020
PPG recently announced that its Barberton and Huron, Ohio, facilities were recognized by the Ohio Chemistry Technology Council (OCTC) for programs that advance the company’s health, safety, and environmental performance.
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residential construction

Housing Affordability Declines Due to Economic Losses Stemming from COVID-19 Pandemic

In all, 61.3% of new and existing homes sold between the beginning of January and end of March, 2020, were affordable to families earning an adjusted U.S. median income of $72,900.
May 11, 2020

Surging job losses in March stemming from the COVID-19 pandemic contributed to a decline in U.S. median income and housing affordability in the first quarter of 2020, according to the most recent National Association of Home Builders (NAHB)/Wells Fargo Housing Opportunity Index (HOI).


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