architectural coatings | Adhesives & Sealants Industry

Single-Family Construction Slows in Post-Covid Hot Markets

December 9, 2022

Findings from the National Association of Home Builders (NAHB) Home Building Geography Index (HBGI) show the increase in single-family home building activity that occurred in the aftermath of the COVID-19 pandemic has declined over the past 12 months.

AkzoNobel’s Logistics Hub in China Set for Completion in 2023

September 27, 2022

AkzoNobel’s new logistics hub, which is set to become the company’s largest warehousing base in China, is on course to be completed by the middle of 2023.

MAPEI Receives SCS Indoor Advantage Gold Certifications

The MAPEI products that include SCS Indoor Advantage Gold certification have been vetted by an ISO-accredited, third-party certification body and tested by an industry-independent laboratory.

August 9, 2021

MAPEI Corp. recently announced that it has completed the certification process for SCS Indoor Advantage™ Gold 2021 and now has a total of over 375 products (in the U.S. and Canada) that are certified for low volatile organic compounds.

February New Home Sales Down on Rising Material Costs, Interest Rates

Sales of newly built, single-family homes fell 18.2% to a 775,000 seasonally adjusted annual rate.

April 7, 2021

Higher interest rates, supply shortages, and rising material prices, particularly for lumber, put a damper on new home sales in February.

New Home Sales Higher in January

New home sales increased in the Midwest, the South, and the West, while decreasing in the Northeast.

March 10, 2021

Strong demand stemming from low interest rates, favorable demographics, and a suburban shift for home building to smaller, more affordable housing markets helped to lift new home sales in January 2021, but rising lumber and material costs threaten to blunt this momentum.

Builder Confidence Suffers in January on Rising Material Prices, Upsurge in COVID-19 Cases

Despite the drop, builder sentiment remains at a strong level.

February 9, 2021

Rising material costs led by a huge upsurge in lumber prices, along with a resurgence of the coronavirus across much of the nation, pushed builder confidence in the market for newly built single-family homes down three points to 83 in January, according to the latest National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index.

Infrared Reflective Colorants: Optimizing Coatings for Cool Surfaces through IR Management

Colorants play a key role in determining the effectiveness of cool-roof coatings.

Jerry Powers

Kip Howard

February 8, 2021

Continual climate change necessitates a movement toward energy savings via coatings. One method of saving energy in hot climates is to minimize the heating of buildings. This can be achieved with the application of a coating on the roof that keeps the rooftop cool while minimizing the conduction of heat and the use of air conditioning. Another way to save energy is through increasing the lifespan of a coating with heat protection. This method represents energy savings in a broader scope, as it reduces energy along the production chain.

Housing Starts End 2020 Strong

Single-family starts in December 2020 increased 12% to a 1.34 million seasonally adjusted annual rate, while the multi-family sector, which includes apartment buildings and condos, decreased 13.6%.

January 25, 2021

Led by a solid, double-digit gain in single-family starts, overall housing starts increased 5.8% to a seasonally adjusted annual rate of 1.67 million units, according to a report from the U.S. Department of Housing and Urban Development and the U.S. Census Bureau.

ICP Building Solutions Acquires Gardner-Gibson

Based in Tampa, Fla., Gardner-Gibson has manufacturing and distribution facilities across the U.S. and Canada.

January 11, 2021

Innovative Chemical Products Group (ICP) recently announced that it has acquired Gardner-Gibson and Sun Coatings (Gardner-Gibson), a leading manufacturer of liquid-applied roof coatings, roofing products, driveway sealers, and specialty paints primarily serving professional contractors for commercial and residential applications.

Builder Confidence Remains Strong but Dips in December from Record High

Despite the decline, this is still the second-highest reading in the history of the series, after last month’s 90.

December 30, 2020

Ending a string of three successive months of record highs, builder confidence in the market for newly built single-family homes fell four points to 86 in December, according to the latest National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI).