Ecology Coatings, Inc. has announced the resignation from the Board of Directors of its Chief Financial Officer, David W. Morgan, and its Chief Operating Officer and President,F. Thomas Krotine, effective Sept. 15, 2008. Concurrently, the company announced the appointment of two new directors, JB Smith, Managing Partner of Equity 11 Ltd., and Rocco DelMonaco Jr., Vice President of University Safety, Georgetown University.
Andreas Wolf, a scientist at Dow Corning GmbH in Wiesbaden, Germany, is the recipient of the Lou Toporcer Hall of Fame Award from ASTM International Committee C24 on Building Seals and Sealants.
OMNOVA Solutions Inc. has reported net income of $3.1 million, or $0.07 per diluted share, for the third quarter ended August 31, 2008, compared to net income of $4.5 million, or $0.11 per diluted share, for the third quarter of 2007.
Ecology Coatings Inc. has appointed Robert G. Crockett as its Chief Executive Officer. Crockett replaces Richard D. Stromback, who will remain Chairman of the Board.
Demand for sealants and caulk in the United States is projected to increase 2.9 percent annually to more than two billion pounds in 2012, valued at almost $4 billion.
Arizona Chemical has reached an agreement to purchase Abieta Chemie, a European rosin upgrading company, from private funds managed by AUCTUS Management GmbH&CoKG equity firm.