H.B. Fuller Company to Acquire
Continental Products Limited
H.B. Fuller Company has signed an
agreement to purchase Continental
Products Limited, a provider of industrial adhesives in East and Central
Africa. This business will generate approximately $2.3 million in revenue for
the 2014 fiscal year. Based in Nairobi,
Kenya, Continental will be included in
H.B. Fuller’s Europe, India, Middle East,
Africa (EIMEA) operating segment.
“With this acquisition, we will take
a significant step forward in our plan to
grow in Africa,” said Steve Kenny, senior
vice president, EIMEA, H.B. Fuller. “H.B.
Fuller has a strategic focus on growth in
emerging markets, and the Continental
business will enable us to deliver special-
ty adhesive products to key customers in
the East and Central African regions. The
Continental team has developed exten-
sive market knowledge and exceptionally
strong customer relationships, and cou-
pled with their local manufacturing capa-
bilities, H.B. Fuller will be able to further
enhance partnerships with its customers
to develop and produce new and better
products for their customers.”
Continental has been H.B. Fuller’s
agent in the region since 2003.
BASF Signs Supply Contract
with Shell
BASF and Shell have reached an agreement for BASF to sell its share in the 50-
50 joint venture ELLBA Eastern, Jurong
Island, Singapore to Shell. The joint venture, which is operated by Shell, produces
styrene monomer and propylene oxide.
BASF remains globally committed to
propylene oxide and its respective value
chains. Therefore, as part of the agreement, BASF and Shell have signed a supply contract to provide BASF with the
necessary volumes of propylene oxide.
ELLBA Eastern started production in
2002. The plant is fully integrated into
the Shell site on Jurong Island, Singapore,
and has an annual capacity of 250,000
metric tons of propylene oxide and
550,000 metric tons of styrene monomer.
The ELLBA joint venture between Shell
and BASF in Moerdijk, the Netherlands,
is not affected by the transaction.
Eastman Chemical to Join
Together for Sustainability
Eastman Chemical Company has announced it will join Together for
Sustainability (TfS). Eastman and TfS
have confirmed acceptance of Eastman’s
application to the consortium as the
first U.S.-based company to join, with
plans to finalize Eastman’s membership
in early 2015.
Together for Sustainability is a pro-
curement-led initiative established by
European-based multinational companies
to drive improvements in sustainable pro-
curement through standard processes, in-
cluding shared audits and assessments. As
a global specialty chemical company with
significant business in Europe, Eastman
has been working closely with TfS to
understand membership requirements to
expand the organization to U.S.-based
companies. Mike Berry, Eastman’s chief
procurement officer (CPO), will represent
Eastman on the TfS General Assembly as
well as in the CPO Meetings.
Eastman has a long history of sus-tainably-focused operations. For more
than 25 years, Eastman has been a leader
in Responsible Care. For the past three
years, Eastman has been recognized
by the U.S. Environmental Protection
Agency as an ENERGY STAR Partner
of the Year, winning the Sustained
Excellence Award in 2014. Eastman’s
commitment to sustainability crosses
all businesses and functions, notably its
Integrated Global Supply Chain encompassing procurement, logistics and supply chain execution. CW
Index to Companies
This index gives the starting page for a department or feature with a significant reference to a manufacturer of paint, coatings, adhesives and sealants
Subsidiaries are indexed under their own names.
AkzoNobel...................................................................................................... 11
Axalta .................................................................................................. 11, 26, 50
Benjamin Moore ............................................................................................. 29
Berger Paints ................................................................................................... 22
Chemical Concepts.......................................................................................... 26
Dampney Company ........................................................................................ 26
H.B Fuller ......................................................................................................... 8
PPG...................................................................................................... 11, 26, 29
Sherwin-Williams ...................................................................................... 26, 29
Sika ................................................................................................................. 19
