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Global market for release coatings forecast at $259 million by 2030

The global market for Release Coatings estimated at US$171.9 Million in the year 2022, is projected to reach a revised size of US$259.8 Million by 2030, growing at a CAGR of 5.3% over the period 2022-2030. Silicone, one of the segments analyzed in the report, is projected to record 5.8% CAGR and reach US$146.9 Million by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Non-Silicone segment is readjusted to a revised 4.7% CAGR for the next 8-year period.

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Brenntag announced the acquisition of Aik Moh Group

With this acquisition, Brenntag Essentials expands its business into key focus markets in Asia Pacific, including Singapore, Malaysia, Indonesia, and the Philippines. This is an additional step in Brenntag’s ongoing transformation process, driving its stringent execution of the Brenntag Essentials strategy to strengthen local capabilities and market coverage in high growth markets like Asia-Pacific.

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American Nitrile teams up with CABVI for distribution of PPE

American Nitrile, a Columbus, Ohio-based small business dedicated to manufacturing the highest quality medical and nonmedical gloves for healthcare, government, and industrial use, announced a partnership with The Central Association for the Blind and Visually Impaired (CABVI) for distribution of domestically produced nitrile gloves to address the national need for personal protective equipment (PPE) and shortened supply chains. The top-of-the-line gloves are approved by the Transportation Security Administration (TSA) of the U.S. Department of Homeland Security (DHS) through an AbilityOne contract to employ people who are blind or have significant disabilities and to comply with the Make PPE in America Act, requiring procurement contracts for PPE to be long-term and for domestically manufactured PPE.

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