H.B. Fuller Company today announced that it has established H.B. Fuller Japan G.K. H.B. Fuller Japan will strengthen its Engineering Adhesive (EA) businesses in Japan by focusing on high-performance adhesives, including reactive adhesive chemistries and applications.
H.B. Fuller’s EA segment was established in 2016 and currently serves the electronics, transportation, renewable energies, aerospace, general industry and medical markets. This business has grown rapidly to approximately USD $478 million with double-digit annual growth rates, contributing to 19 percent of the company’s operating income in 2018.
H.B. Fuller Japan G.K. will collaborate closely with the company’s joint-venture business, Sekisui Fuller Co., Ltd., for sales and distribution channels.
Source: H.B. Fuller Company
Corteva (Indianapolis, Indiana) says it has signed a definitive agreement to acquire Stoller Group (Houston, Texas), a producer of biostimulants and plant nutrition products, for $1.2 billion. Stoller is one of the largest independent biologicals companies globally, with operations in more than 60 countries and more than $400 million in annual sales.
OMV has announced its new corporate structure today, designed to fully enable the delivery of Strategy 2030. The new organization will be built on five distinct areas. In addition to the CEO and CFO areas, three business segments will be established: Chemicals & Materials, Fuels & Feedstock, and Energy.
The European petchem sector is readying for some tough quarters. It’s a different picture in the US. So is this the best time ever to find a new role in the chemical industry? If you are in Europe, you would expect me to say probably not. But actually, it depends. So let me give you four answers to this question.