Solvay introduces LTM 350, a next-generation carbon fiber epoxy prepreg tooling material designed to deliver significant time and cost savings for the industrial, aerospace, automotive, and race car markets. The carbon fiber epoxy tooling material offers a fast, low-temperature cure cycle (three hours at 60° C) and can be cured at temperatures as low as 45° C…
Global adhesives and sealants market to hit $33.3 billion by 2030
The global adhesives and sealants market is expected to reach a value of U.S. $33.3 billion by the end of 2030, according to a review by Transparency Market Research (TMR). The market is expected to expand at a CAGR of 8% during the forecast period, from 2020 to 2030. Adhesives are a synthetic blend that combines…
Ingevity awarded EcoVadis gold rating for corporate social responsibility
Ingevity Corporation — which engineers performance chemicals and materials, including adhesives, lubricants, coatings, and more — announced that it has received the gold rating for sustainability by EcoVadis, an independent organization that provides evidence-based sustainability assessments for companies within global supply chains. This places Ingevity in the top three percent of respondents in the specialty…
PPG to power it Michigan automotive adhesives & sealants facility with renewables
PPG announced a 1.5-megawatt agreement with Constellation that will help PPG purchase clean, renewable energy equivalent to the annual electricity use of its Adrian, Michigan, automotive adhesives & sealants manufacturing facility beginning in 2024. PPG’s Adrian facility manufactures adhesives and sealants for automotive original equipment manufacturers (OEM) and has more than 65 employees. The facility…
Global electronic adhesives sector expected to hit $6.1 billion by 2027
The electronic adhesives market is projected to grow from U.S. $4.5 billion in 2022 to $6.1 billion by 2027, at a CAGR of 6.1% between 2022 and 2027. This is according to a new report from ResearchAndMarkets. The global electronic adhesives market is driven by the rising demand for advanced and sophisticated electronic devices. The growing middle-class population plays…
Henkel acquires Thermexit business from Nanoramic
Henkel has completed the acquisition of the Thermal Management Materials business of Nanoramic Laboratories, headquartered in Boston, MA, marketed under the brand Thermexit. Nanoramic, until 2018 known as FastCAP Systems Corporation, is an R&D company focused on developing high-end energy storage and thermal management technologies based on carbon composites. With this acquisition, Henkel aims to…
Meridian Adhesives Group acquires Design Polymerics
Meridian Adhesives Group has announced the acquisition of Design Polymerics, a manufacturer of high-performance sealants, adhesives, insulation mastics, and indoor air quality products. Design Polymerics was acquired by Lyle Davis in 1993, and the company has grown steadily over the past three decades. Through the company’s dynamic product line, commitment to sustainability, technical expertise, and…
American Securities acquires Meridian Adhesives Group
American Securities LLC and Arsenal Capital Partners have announced that an affiliate of American Securities has acquired Meridian Adhesives Group. This is in partnership with the management team and funds affiliated with Arsenal. The financial terms of the transaction are undisclosed. Meridian is a producer of high-performance advanced adhesives for electronics, infrastructure, and industrial end…
APPLIED Adhesives acquires In-Line Finishing Solutions
APPLIED Adhesives, a premier adhesive solutions provider in North America, announced that it has completed its acquisition of In-Line Finishing Solutions, LLC. In-Line is a specialty adhesive and coating solutions provider to the direct mail and label converting markets located in Chicago, IL. The company also offers state-of-the-art adhesive and coating systems. “In-Line Finishing Systems’…
Jowat hot-melt adhesive first to be certified by the USDA Bio-Preferred Program
Jowat Corporation recently announced that its new GROW series of sustainable packaging adhesives have earned the USDA Certified Biobased Product label. The packaging adhesive — developed specifically for the North American market — is the first and only hot-melt adhesive in the U.S. to attain this certification from the USDA BioPreferred Program. “We applaud Jowat…