On 13 March 2018, Huntsman confirmed the acquisition of Demilec from an affiliate of Sun Capital Partners, Inc. Demilec has annual revenues of approximately USD 170 million with headquarters in Arlington, TX, USA. Under terms of the agreement, Huntsman will pay USD 350 million in an all-cash transaction, funded from available liquidity.
With its HyPUR-cel portfolio, Rubberlite, Inc. has created a broad offering of open-cell, breathable polyurethane foams for footwear, medical, automotive and industrial applications, amongst others. Using nucleation technology that does not incorporate external blowing agents and solvents, HyPUR-cel features a variety of product lines with different physical and performance properties. The company recently announced that it is expanding its HyPUR-cel line with the launch of the R-Series and its novel application of Covestro elastomers polymer components. According to Rubberlite, this new PU formulation provides high-resilience and high-performance energy return.
Aston Martin and Dow have announced the continuation of their successful technical development partnership. For more than 25 years, Dow Automotive Systems has supplied Aston Martin models, such as the DB11 and the Vanquish, with structural adhesive solutions that facilitate multi-material lightweight constructions, while also offering structural strength and stiffness.
ISL-Chemie GmbH & Co. KG announced that from now on it will be supported by the consulting company Umco GmbH with its expertise in materials with regard to both the science and legal sectors with all topics to do with product and chemicals management, as well as emergency services.
According to the new market report “Global Polyester Polyol Market 2017 – 2021” from TechNavio, the global polyester polyol market is forecast to grow at a CAGR of 5.36 % during the period 2017 – 2021.
The German company Hans-Jürgen Keil Anlagenbau & Co. KG announced that it has succeeded in winning over two strategic partners, the Schulz Group of Companies and the Haspa Beteiligungsgesellschaft für den Mittelstand (Haspa BGM). The amounts of the respective investments were not disclosed. The Keil family will remain in the business as a shareholder along with the new investors.