In a report released by ResearchandMarkets, the PU coatings market was valued at $18.26 billion in 2022 and is anticipated to grow with a CAGR of 5.21% through 2028.
Dr. Max Preisenberger, who was previously responsible for finance and strategy in the Specialty Additives division, takes over from Sanjeev Taneja, who has retired.
The company announced that Angel informed the Board of Directors of his decision to retire from the PPG board, effective at the conclusion of the February 15, 2024 meeting.
With the motto “Let’s celebrate,” Siegwerk dedicates 2024 to the past 200 years of the company’s evolution as a family owned business with its roots in Siegburg, Germany, to a leading international inks and coatings manufacturer in its sixth generation.
Five companies were named Vendor of the Year, and three additional winners were selected in the Innovative Product of the Year, Productive Solutions Award, and Marketing Innovation Award categories.
The company acheived its carbon negative goal and is now California Green Business certified in addition to earning the EcoVadis silver medal and Greenly Silver status.
With the Merichem Company advised by Grace Matthews, collectively-renamed Merichem Technologies will now be a global provider of sulfur treating technologies and solutions and a suite of proprietary chemical catalysts.
The new production facility will manufacture solvent-based wax dispersions and replace the current facility with a state-of-the-art process installation that will meet current as well as future demands from customers.