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.
August 27, 2019Grace 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.
August 20, 2019Lonza 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.
July 24, 2019Lonza 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.
July 24, 2019FAR 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.
June 12, 2019H.B. Fuller Company (NYSE: FUL) announced today that it has signed an agreement to sell its surfactants, thickeners and dispersants business to Tiarco, LLC (“Tiarco”), a wholly owned subsidiary of Textile Rubber and Chemical Company, Inc., for $71 million.
June 12, 2019Cincinnati, OH – Pilot Chemical Company has been awarded a Top Workplaces 2019 honor by The Cincinnati Enquirer. The list is based solely on employee feedback gathered through a third-party survey administered by research partner Energage, LLC, a leading provider of technology-based employee engagement tools. The anonymous survey measures several aspects of workplace culture, including alignment, execution, and connection, just to name a few.
June 10, 2019Basel, Switzerland – Lonza Group today announced its intention to proceed with a carve-out of its Specialty Ingredients segment (LSI). The decision will see the LSI business under independent management, with increased control over its operations and costs. The segment will remain fully owned by Lonza. The company has already commenced with the separation and expects to complete the process by mid-year 2020
June 3, 2019Arlington, VA – The Society of Chemical Manufacturers & Affiliates (SOCMA) is pleased to welcome an additional seven new members who operate in the specialty and fine chemical value chain. The companies were recently approved for membership by the Board of Governors, bringing the number of new SOCMA members this year to 13.
May 30, 2019Cleveland, TN – With an ever-evolving and competitive landscape in the specialty chemical industry, few companies can tout 100 years of service. Manufacturers Chemicals, a segment of Synalloy Chemicals located in Cleveland, Tennessee, has achieved this milestone by maintaining a resilient, laser-focused vision and staying ahead of industry trends.
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