North American manufacturing suppliers have generally become healthier since 2009 according to the latest BBK Ratings data. In spite of this, many manufacturers are still concerned that their suppliers’ financial health can deteriorate quickly and potentially disrupt their operations.
Eastman Chemical Co. has extended its relationship with ChemPoint.com, a leading online distributor of fine and specialty chemicals. As of July 1, 2011, Eastman has begun a phased migration of Eastman AQ™ and Eastek™ water-dispersible sulfopolyester products to ChemPoint in North America with an expected completion date sometime in October of this year.
Quest Construction Products, a division of Quest Specialty Chemicals, has acquired the coatings business of Integrated Paving Concepts (IPC) of Vancouver, Canada. Since its founding in 1992, Integrated Paving Concepts has specialized in decorative stamped asphalt and asphalt coating technology, facilitating innovative streetscape and hardscape designs.
Ashland Aqualon Functional Ingredients, a commercial unit of Ashland Inc., recently began construction on a new nonionic synthetic thickener manufacturing facility in Alizay, France.
A unique, four-year partnership between America’s soybean farmers and the Sherwin-Williams Co. has received the Presidential Green Chemistry Award from the Environmental Protection Agency (EPA).
RONA Inc., a Canadian distributor and retailer of hardware, renovation and gardening products, is launching its in-store paint recovery program in the Canadian provinces of British Columbia, Alberta and Saskatchewan.
GoIndustry DoveBid, a provider of asset management services, will conduct a three-day live and webcast auction, by order of Connectivity Solutions Manufacturing, of over 6,000 lots of late-model, well-maintained electronic panel, plastic connector and wire manufacturing machinery and equipment for structured cabling systems.
The Board of Directors of RPM International Inc. has declared a regular quarterly cash dividend of $0.21 per share, payable on July 29, 2011, to stockholders of record as of July 15, 2011.
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