The Urethane Blog
February 8, 2021
Arsenal’s Polytek Acquires Endurance Technologies Easton, PA & South St. Paul, MN – February 3, 2021 –
Polytek® Development Corp. (“Polytek”), a manufacturer of specialty polymers for mold making, casting, and coating applications, announced today the acquisition of Endurance Technologies. Polytek is a portfolio company of Arsenal Capital Partners.
Based in South St. Paul, Minnesota, Endurance Technologies has decades of formulation and manufacturing experience with a strong focus on polyurethane and epoxy systems. Their brands are well-known throughout industrial and consumer sectors, with formulations for coating, laminating, bonding, casting and molding. Endurance Technologies’ industrial brand, Custom Polymer Designs, is a trusted name in marine, aerospace, construction, and recreational composites, while their consumer brands, including MAS Epoxies, are popular in do-it-yourself, art, and craft communities.
Doug Lorenz, CEO of Polytek, commented “Endurance Technologies has a proven track record of success and market growth built on superior product quality, custom solutions, and hands-on technical support. The companies share similar objectives and values and together we’re really looking forward to showing our customers the benefit of this collaboration.”
The addition of Endurance Technologies further expands Polytek’s manufacturing locations and capabilities and elevates their technical proficiency with the integration of seasoned research and development teams. This collaboration will provide Polytek and Endurance Technologies customers with a broader product portfolio, increased technical support and customer service, and product accessibility. David Hoeffel, owner of Endurance Technologies added, “Polytek is a great fit for the next chapter of our business. Our team is excited to join forces and work on initiatives that will expand product options and support services for our customers.” The two companies will continue to do business under their existing names, and Hoeffel will remain in an active role within the Endurance Technologies brand as well as support broader initiatives within the Polytek organization.
Genesis Capital, LLC acted as the financial advisor to Polytek.
February 6, 2021
BFM gives early warning on potential foam supply issues
Home / News / Articles / 2021 / February
The British Furniture Manufacturers Association (BFM) is issuing an early warning to the sector on the potential for further foam shortages later this year.
According to the trade body, two major producing plants are planning to carry out planned maintenance in Spring and Summer. A full report and analysis of the situation is due in the monthly BFM Price Report, which is issued to members.
Nick Garratt, MD of the BFM, said: “The TDI market [Toluene Diisocyanate] in Europe was tight throughout much of the second half of 2020, but in December supply began to improve as all three European TDI makers were operational.
“As markets enter Q2 this year, although stocks will have been built up in advance of the downtimes, with the downtime of two major suppliers there is the potential for short-term tightness to arise and the hope for buyers of foam is that outages do not extend, like last year, beyond the initially planned timeframe.
“Our members, having suffered supply shortages throughout 2020, have worked hard to maintain supply of customer orders in the face of an ongoing supply issue.
“We’ll be keeping a watching brief on the situation and ensuring that members receive timely alerts through our Price Reports, to keep informed of the situation.”
February 6, 2021
BFM gives early warning on potential foam supply issues
Home / News / Articles / 2021 / February
The British Furniture Manufacturers Association (BFM) is issuing an early warning to the sector on the potential for further foam shortages later this year.
According to the trade body, two major producing plants are planning to carry out planned maintenance in Spring and Summer. A full report and analysis of the situation is due in the monthly BFM Price Report, which is issued to members.
Nick Garratt, MD of the BFM, said: “The TDI market [Toluene Diisocyanate] in Europe was tight throughout much of the second half of 2020, but in December supply began to improve as all three European TDI makers were operational.
“As markets enter Q2 this year, although stocks will have been built up in advance of the downtimes, with the downtime of two major suppliers there is the potential for short-term tightness to arise and the hope for buyers of foam is that outages do not extend, like last year, beyond the initially planned timeframe.
“Our members, having suffered supply shortages throughout 2020, have worked hard to maintain supply of customer orders in the face of an ongoing supply issue.
“We’ll be keeping a watching brief on the situation and ensuring that members receive timely alerts through our Price Reports, to keep informed of the situation.”
February 3, 2021
STOCKMEIER Urethanes now has UL GREENGUARD and UL GREENGUARD Gold Certified products. Their certified products have undergone rigorous scientific testing to meet some of the world’s most stringent chemical emissions requirements. The GREENGUARD Gold Certification standard includes health-based criteria for additional chemicals and requires lower total VOC emissions levels to help ensure that products are acceptable for use in environments like schools and healthcare facilities.
“Globally, we are dedicated to finding solutions that will create a healthier environment by reducing chemical exposure,” stated, Andreas Schulze Ising, Director of Sales at STOCKMEIER Urethanes USA, Inc. “As chemical manufacturers, we understand the need to produce environmentally friendly solutions to better protect our earth and make us a sustainable company for years to come.”
See the products here: https://spot.ul.com/main-app/products/catalog/?keywords=Stobielast
February 3, 2021
STOCKMEIER Urethanes now has UL GREENGUARD and UL GREENGUARD Gold Certified products. Their certified products have undergone rigorous scientific testing to meet some of the world’s most stringent chemical emissions requirements. The GREENGUARD Gold Certification standard includes health-based criteria for additional chemicals and requires lower total VOC emissions levels to help ensure that products are acceptable for use in environments like schools and healthcare facilities.
“Globally, we are dedicated to finding solutions that will create a healthier environment by reducing chemical exposure,” stated, Andreas Schulze Ising, Director of Sales at STOCKMEIER Urethanes USA, Inc. “As chemical manufacturers, we understand the need to produce environmentally friendly solutions to better protect our earth and make us a sustainable company for years to come.”
See the products here: https://spot.ul.com/main-app/products/catalog/?keywords=Stobielast
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