Arkema recently announced the planned acquisition of Shanghai Zhiguan Polymer Materials (PMP), a producer of hot-melt adhesives for the consumer electronics market.
DuPont recently announced that it has entered into a definitive agreement with Celanese Corp. to divest a majority of its Mobility & Materials segment, which includes the Engineering Polymers business line and select product lines within the Performance Resins and Advanced Solutions business lines.
With builders continuing to report supply chain problems that are causing construction delays, overall housing starts decreased 4.1% in January 2022 to a seasonally adjusted annual rate of 1.64 million units, according to a report from the U.S. Department of Housing and Urban Development and the U.S. Census Bureau.
Despite the ongoing COVID-19 pandemic and bottlenecks in the procurement of raw materials, Sika reported sales rose by 17.5% to a record CHF 9.3 billion (approximately $10.1 billion) in 2021.