While specific details of the terms of the partnership will remain confidential, the definitive agreement includes a five-year period of exclusivity for this key customer, who will deploy the TRIO™ for consumer electronics applications.
RPM reports its fiscal 2023 second-quarter sales were driven by increased pricing in response to continued inflation. In addition, volume grew in businesses that are benefiting from reshoring and infrastructure spending, and material supply improved through insourcing and qualifying new suppliers.
The new center serves as the primary shipping facility within the United Kingdom for the company’s cleaning fluids and tools. The new facility will provide access to thousands of SKUs, as well as product staging, kitting, and packing capabilities. It will also serve as the MicroCare U.K. Ltd. office headquarters.
PPG announced several leadership appointments, effective immediately. One of the company’s leaders will transition to lead a newly created PPG operations organization. PPG’s operations organization will encompass supply chain, operational excellence, manufacturing operations, procurement, and environment, health, and safety functions.
RPM’s last cash dividend increase of 5% in October 2022 marked the company’s 49th consecutive year of increased cash dividends paid to its stockholders, which places RPM in a category of less than half of 1% of all publicly traded U.S. companies.
The patent is for “systems and methods for dry powder coating layers of an electrochemical cell,” and is a step forward in the company’s mission to provide affordable and effective energy storage solutions, including the domestic manufacturing of all solid-state battery cells.
Based on data reported through CDP’s 2022 Climate Change questionnaire, Hempel is recognized for addressing the environmental impacts of its business and ensuring good environmental management. Hempel says it is prepared to respond to the increasing demand for environmental transparency from financial institutions, customers, and policymakers.
PPG will continue to be the official paint of the NHL in the United States and Canada, and will participate as a sponsor of the 2023 Discover NHL Winter Classic® featuring the Pittsburgh Penguins versus the Boston Bruins. The PPG partnership will be visible in various ways, such as on-site activation, branded dasher boards, and in-stadium signage.
The company says this development will improve service and support to customers in Southeast Asia, due to a direct connection with Cortec’s headquarters in Saint Paul, Minnesota. Since January 2019, CSEA has been a partner and distribution hub for Cortec products and services in Southeast Asia, serving the markets of Singapore, Malaysia, Thailand, Brunei, and Indonesia.
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