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PSTC Confirms 2021 Dates for Inaugural Tape Week

The first edition of the revamped Tape Week was cancelled due to COVID-19.
April 1, 2020
The Pressure Sensitive Tape Council (PSTC) recently announced that it has secured the Hilton Orlando Buena Vista Palace for Tape Week to be held May 3-6, 2021.
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COVID-19 coronavirus

NIST Announces Funding for Manufacturing Institutes to Support Pandemic Response

Funding will be awarded to eligible Manufacturing USA institutes, a network of 14 public-private partnerships that work with academic and private sector manufacturing organizations on research and development and manufacturing skills training.
April 1, 2020

The U.S. Department of Commerce’s National Institute of Standards and Technology (NIST) has opened a funding opportunity for rapid, high-impact projects that support the nation’s response to the COVID-19 pandemic.


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Nouryon Expands Raw Material Partnership with Sumitomo Chemical

A new plant, to be owned and operated by Sumitomo, will produce 1,3-diisopropanolbenzene (DIOL) and is due to start production in 2021.
March 30, 2020
Nouryon recently announced that it is expanding its partnership with Sumitomo Chemical to include a new facility that Sumitomo is building at its site in Oita, Japan.
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COVID-19 coronavirus

CPCA Underscores Critical Support Provided by Coatings Industry During COVID-19 Pandemic

The coatings industry supports a number of commercial sectors that require critical product formulations to maintain the ongoing operations of their businesses and thereby support critical operations of their customers.
March 30, 2020

The Canadian Paint and Coatings Association (CPCA) recently shared that the paint and coatings industry continues to supply critical products in support of historic challenges brought on by the current pandemic.


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Covestro Signs Loan Facility with European Investment Bank to Support Research and Development Activities

Last year, Covestro put in place a global strategic program to establish the theme of circular economy throughout all areas of the company.
March 27, 2020

Covestro recently announced that it will take a loan with the European Investment Bank (EIB) for €225 million (approximately $243.7 million) to provide medium-term funding to strengthen its R&D work in the areas of sustainability and circular economy within the European Union (EU).


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Market-Trends

ASC Partners with ITR Economics on Forecasting Tool

The goal of the tool is to help companies develop sales forecasts in a specific market or sector using 101 key metrics specifically chosen for the adhesives and sealants industry.
March 27, 2020
The Adhesive and Sealant Council (ASC) has partnered with ITR Economics to create the ITR Market Forecasting Tool.
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Business Leaders Call for Infrastructure Investment to Jump-Start the COVID-19 Economy

According to the CED, an efficient investment in cutting-edge infrastructure supports critical components for putting our economy back on solid footing.
March 27, 2020

The Committee for Economic Development (CED) of The Conference Board (CED) recently announced that it is calling for policymakers and businesses to work together to put an emphasis on infrastructure spending now in order to kick-start the U.S. economy in the face of the coronavirus-related downturn.


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