The company is expanding its capability in heavy-duty industrial coatings for petrochemical, pipeline, water treatment, and water storage segments, and, as a result, has added personnel.
The National Center for Manufacturing Sciences announced the publication of a new technology brief focused on a new corrosion risk assessment tool to help combat the high cost of corrosion.
"As we execute on various enterprise growth initiatives and capitalize on our technical and service capabilities, we expect positive momentum in driving improved sales volumes will broaden within our business portfolio," said company Chairman and CEO, Tim Knavish.
The company announced a regular quarterly cash dividend of $0.2225 per share of common stock, payable on August 14, 2024 to shareholders of record at the close of business on July 31, 2024.
According to SkyQuest, the global, adhesives and sealants market size was valued at USD 67.48 billion in 2022 and is poised to grow at a CAGR of 6.0% through 2031.
The coalition is urging Congressional leaders to support a resolution of disapproval of the EPA’s HON rule, which targets over 200 chemical plants, and could limit manufacture of critical chemistries, including ethylene oxide.
Evonik delivered another strong quarter, exceeding analysts' expectations. Based on preliminary and unaudited figures, the company achieved an adjusted EBITDA of €578 million in the second quarter, 29% above the prior-year.
Jean-Marc Gilson, who most recently served as President and Chief Executive Officer of Mitsubishi Chemical Group Corporation, has been appointed by the Board of Directors to serve as President and Chief Executive Officer.
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