RPM International Inc. has reported financial results for its fiscal 2025 fourth quarter and full year ended May 31, 2025. The company reported fourth-quarter sales of $2.08 billion, an increase of 3.7% compared to the prior year. For fiscal 2025, the company posted sales of $7.37 billion, compared to $734 billion in the same period […]
Single-family housing starts declined in June to the lowest rate since July 2024 as multi-family production showed a significant increase for the month. Due to a solid increase in multifamily production, overall housing starts increased 4.6% in June to a seasonally adjusted annual rate of 1.32 million units, according to a report from the U.S. […]
The aviation industry is facing a major upheaval. In addition to new solutions for decarbonization and innovations for digitalization, manufacturers and suppliers are increasingly working on automation in aircraft production. Until now, many production steps in aircraft construction have been carried out manually. Manufacturers are pushing ahead with increasing automation, particularly for reasons of efficiency. […]
Kraton Corp. recently announced a general price increase in North America applicable to the SBS, SIS, and HSBC product lines. The general price increase will be effective from May 1, 2025. Kraton reports that the company is implementing these price increases following a thorough review of the impact of recently enacted tariffs, associated cost increases, […]
WACKER Group announced that effective May 1, 2025, or as customer contracts allow, the group will raise its prices for dispersions and dispersible polymer powders sourced from its production sites in Europe and the United States. Prices for these products will be increased by up to 5%. This measure has been necessitated by rising costs […]
In posting its 2024 financials, Sika reports a strong performance in a market that remained very challenging, achieving record results and expanding its market share. In 2024, Sika generated net sales of CHF 11,763.1 million (approx. $13,292.2 million), compared to the previous year of CHF 11,238.6 million (approx. $13,699.6 million). In local currencies this corresponds […]
Specialty materials provider Celanese Corp. is increasing prices for its vinyl acetate monomer (VAM), vinyl-based emulsions, redispersible powders (RDP), and other derivative products in the Western Hemisphere. These price increases will be effective on March 17, 2025, or as contracts otherwise allow. In the United States, Canada, Mexico, and South America, VAM will increase by […]
Kraton Corp., a leading global sustainable producer of specialty polymers and high-value bio-based products derived from pine wood pulping co-products, announced a general price increase of up to 25% on Turpentine refined products and derivatives, and 25% and higher on Limonene-based derivatives. This increase will be effective April 1, 2025, and/or as contracts allow. […]
Arkema announced today that it has decided to increase its PVDF capacity in North America by 15%. The 15% capacity expansion of Arkema’s PVDF production site in Calvert City, Kentucky, represents an investment of around $20 million and is aligned with the strategy of the group to increase its global PVDF footprint that match market […]
Resilinc, a provider of solutions for supply chain resiliency, recently shared exclusive new data revealing the top drivers of supply chain disruptions for 2024. The data compiled by Resilinc’s EventWatchAI, a 24/7 risk monitoring database, reveals that overall disruptions to global supply chains increased 38% from the previous year. The top five disruptions for […]
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