Page 152 - CW E-Magazine (4-6-2024)

News from Abroad

ADHESIVES ACQUISITION
H.B. Fuller acquires ND Industries

American adhesives major, H.B. ND Industries specialises in formu-
Fuller Company, has announced the lating and manufacturing a variety of
acquisition of acquired ND Industries materials applied on fasteners and assem-
Inc., a US-based provider of speciality blies to aid in critical functions such as
adhesives and fastener locking and locking, sealing, masking, lubricating,
sealing solutions serving customers in and noise and vibration dampening.
the automotive, electronics, aerospace, The company also has a network of
and other industries. processing centres providing in-house
engineered coating application services
The acquisition is in line with H.B. to help increase the safety and reliabi-
Fuller’s strategy to proactively drive profitable, family-owned business for lity of fastener assemblies, and a line
capital allocation to the highest margin, several decades and has impressively of small pack technologies for mainte-
highest growth market segments within built one of the most extensive product nance, repair, and operations (MRO).
the functional coatings, adhesives, sea- portfolios in the pre-applied fastener
lants and elastomer (CASE) industry. industry,” said President and CEO H.B. Fuller said the combination of
Ms. Celeste Mastin. “Their products are a innovative adhesives, custom equip-
As part of the acquisition, products natural fit with our existing market seg- ment, and pre-applied processing cen-
under ND Industries’ Vibra-Tite brand ments and bring new technology to our tres will expand its already extensive
will be added to H.B. Fuller’s existing portfolio – combining the benefits of adhesive application expertise. The
epoxy, cyanoacrylate, UV curable and an adhesive and a mechanical fastener new business, which includes five US
anaerobic product range. within extremely demanding applica- locations and 300 employees, will ope-
tions – resulting in a powerful advan- rate within H.B. Fuller’s existing Engi-
“ND Industries has been a very tage for our customers,” she added. neering Adhesives global business unit.

INVESTING IN INFRASTRUCTURE
PPG plans new paint and coatings facility in US

US-based PPG has announced that it investments cover new equipment and
will invest $300-mn in advanced manu- processes that will increase manufac-
facturing in North America to support turing efficiencies.
increased demand for paints and coa-
tings in the automotive industry. Commenting on the development,
Mr. Tim Knavish, PPG’s Chairman and
As part of the initiative, PPG will CEO, said, “These investments continue
build a new paint and coatings man- to modernise and digitise our manu-
ufacturing plant in Loudon County, Once fully operational, the facility facturing capabilities, and demonstrate
Tennessee (USA). The 250,000-square-foot will employ approximately 130 full- PPG’s continued focus on quality and
facility, PPG’s first new manufacturing time employees and produce more than service to our customers as the pre-
plant to be built in the US in more than 11 million gallons of paint and coatings mier single-source coatings supplier for
15 years, will initially produce paints annually. Construction of the faci- every vehicle surface. As we continue
and coatings products and solutions lity will begin in August 2024 and is to see a resurgence of manufacturing
for automakers and automotive parts expected to be completed in 2026. in the US, PPG will leverage this new
suppliers. The facility could eventu- facility and our other site investments
ally supply other industrial segments, PPG’s proposed investments will to maximise quality, improve opera-
including transportation, heavy duty also enhance and expand activities at tional efficiency, and reduce product
equipment, building and construction, existing facilities in Cleveland, Ohio complexity within our manufacturing
and consumer products. and San Juan Del Rio, Mexico. The footprint.”

152 Chemical Weekly June 4, 2024

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