SOCMA is keenly aware of the instabilities generated by President Trump’s ambitious trade policy agenda. In fact, SOCMA was founded... View Article
Meridian Adhesives Group ("Meridian") announced the acquisition of Epoxies, Etc. (“Epoxies”), a leading resin formulator of epoxies, urethanes and silicones. Arsenal Capital Partners ("Arsenal") created Meridian in 2018 as its platform in the global adhesives and sealants sector, focusing on high-value adhesives technologies.
Grace Matthews, Inc. and the shareholders of Ritus Corporation, including its subsidiary Classic Molding Company, and Vanseal Corporation (collectively, VRC Holdings Inc., or “VRC”) are pleased to announce the sale of VRC to Blue Point Capital Partners (“Blue Point”). VRC will continue to be led by the current management team, including President Tom Gebhardt. Financial terms of the transaction were not disclosed.
Lonza reported continued positive momentum in its core healthcare businesses in the first six months of 2019. This has driven 6.4% sales and 7.7% CORE EBITDA growth for the group, resulting in a CORE EBITDA margin of 27.8%. Based on H1 2019 results, Lonza confirms the Full-Year 2019 outlook of mid-to-high single-digit sales growth and a sustained CORE EBITDA margin.
Lonza today announced the start of expansion to its bioconjugation facility in Visp, Switzerland together with the successful commercial approval of a third antibody-drug-conjugate (ADC) produced at the site.
FAR Chemical, a leader in scaling up and manufacturing multi-step chemical syntheses and handling highly active materials, announced today that it will expand its Palm Bay, Florida facility. FAR specializes in fine and specialty chemicals such as brominated compounds, organometallics, pyrophoric materials, and the distribution of trimethylchlorosilane.
U.S. Congressman Ralph Norman (R-SC) visited Nation Ford Chemical on Friday, November 17, to learn more about the specialty chemical industry and talk with company leaders and staff about key issues impacting their business.
Jay Dickson is President of Nation Ford Chemical (NFC), a leader in toll manufacturing and specialty chemicals located in Fort Mill, SC. A chemical engineering graduate of Clemson University, Dickson joined NFC in 1989. He spent 15 years working in the plant in several different roles, including process and project engineering and technical director. As the company grew, Dickson expanded his work to include global sales and new product development, and he has served as President for the last 12 years.
The Society of Chemical Manufacturers and Affiliates (SOCMA) is pleased to announce that 23 member facilities are now exceeding key ChemStewards® benchmarks, qualifying them for the program's Excellence Tier.
German-based hubergroup USA, Inc., ("Huber") agreed to pay $2 million, plus interest, to settle a lawsuit initiated by John A. Dickson III, CEO of Nation Ford Chemical, alleging it violated the federal False Claims Act by misclassifying certain products being imported into the United States from India as ink, rather than pigment, to avoid paying higher import duties applicable to pigment. Duties upon pigments, a component of inks, are much greater than the duties imposed upon finished inks. The Settlement Agreement was filed under seal on July 26, 2016, and the seal has since been lifted.
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