Latest news with #HBFuller
Yahoo
6 days ago
- Business
- Yahoo
H.B. Fuller Announces Quarterly Dividend
ST. PAUL, Minn., July 17, 2025--(BUSINESS WIRE)--H.B. Fuller Company (NYSE: FUL) today announced that its Board of Directors declared a regular quarterly cash dividend of $0.2350 per share of common stock, payable on August 14, 2025 to shareholders of record at the close of business on July 31, 2025. H.B. Fuller has paid quarterly cash dividends on its common stock for 57 consecutive years. About H.B. Fuller Company: As the largest pureplay adhesives company in the world, H.B. Fuller's (NYSE: FUL) innovative, functional coatings, adhesives and sealants enhance the quality, safety and performance of products people use every day. Founded in 1887, with 2024 revenue of $3.6 billion, our mission to Connect What Matters is brought to life by more than 7,500 global team members who collaborate with customers across more than 30 market segments in over 140 countries to develop highly specified solutions that enable customers to bring world-changing innovations to their end markets. Learn more at View source version on Contacts Worldwide Headquarters1200 Willow Lake BoulevardSt. Paul, Minnesota 55110-5101 Steven BrazonesInvestor Relations651-236-5060 Sign in to access your portfolio
Globe and Mail
14-07-2025
- Business
- Globe and Mail
Water-based Barrier Coatings Market Research, Insights 2025, Share, Trends, Competitive Landscape, Business Statistics and Forecast till 2030
The water-based barrier coatings market is expanding rapidly, driven by growing demand for sustainable packaging solutions across industries. Key players like ALTANA AG, BASF SE, H.B. Fuller, Kuraray, and Michelman lead innovation and global reach. With rising environmental concerns and regulatory support, the market is set for strong, long-term growth. The water-based barrier coatings market is projected to grow from USD 1.28 billion in 2024 to USD 1.85 billion by 2030, at a CAGR of 6.3% between 2025 and 2030 in terms of value. This report provides a comprehensive analysis of the market, including water-based barrier coatings market size, trends, drivers and constraints, competitive aspects, and prospects for future growth. Water-based barrier coatings have gained prominence in the packaging industry due to their ability to facilitate recycling, enhance product protection, and extend the shelf life of food and goods. As packaging companies navigate stringent environmental regulations and strive to design recyclable and eco-friendly solutions, there is an increasing reliance on innovative coatings. Bioplastics have emerged as vital components of sustainable packaging, offering robust protection, adherence to food safety standards, and compatibility with recycling and composting processes. Download PDF Brochure: This shift is aligned with the global movement towards reducing plastic usage and adopting low-carbon materials in packaging, which fuels the demand for these advanced solutions. Many enterprises are integrating bio-based and high-performance water-based coatings into their packaging strategies in response to regulatory pressures and evolving consumer preferences. The drive to minimize pollution and transition to safer products is encouraging the adoption of water-based industrial processes worldwide. Consequently, the water-based barrier coatings market is projected to experience steady and significant growth throughout the forecast period. Oil/grease barrier type segment accounted for second-largest market share in terms of value in 2024 Water-based barrier coatings with oil and grease resistance represent the second-largest segment of the market, primarily driven by demand in the food packaging sector, particularly for fast food, baked goods, and ready-to-eat meals. These coatings effectively prevent oils and fats from permeating packaging materials, ensuring the integrity and cleanliness of the packages and preserving the products' aesthetic quality. In response to evolving consumer expectations and regulatory requirements for the safety and environmental sustainability of packaging for greasy or oily foods, manufacturers are increasingly adopting water-based coatings that safeguard the contents and comply with stringent standards. Furthermore, the growing demand for environmentally friendly and compostable packaging solutions has further accelerated the adoption of oil and grease-resistant water-based coatings across various markets. Other substrates segment accounted for second-largest market share in terms of value in 2024 Water-based barrier coatings used in bioplastics, flexible films, metal foils, and molded fiber products (known as other substrates) played the largest role in sustaining the second-highest group in the market. Because of this, these substrates are picked to make products that are more shock-resistant, less sensitive to heat, or require higher levels of chemical or waterproofness than simple paper or cardboard can deliver. Many pharmaceutical, electronic, and cosmetics companies are now using these alternative materials for their packaging needs. Because people need recyclable materials, the coating industry is creating technologies that can be used on different types of things besides paper. Because companies want their products to be more environmentally friendly and sustainability regulations are getting tougher, water-based barrier coatings are increasing, and firms keep a significant share of the market. North America was third-largest regional market for water-based barrier coatings in 2024 In 2024, North America ranked third in the water-based barrier coating market, a position significantly supported by its robust packaging industry and effective government policies. The increasing consumer demand for recyclable packaging is driving a notable shift in food service packaging, retail food products, and e-commerce shipments in the US and Canada, prompting a transition to water-based coatings. This trend is further reinforced by environmental protection initiatives, with numerous states and provinces implementing bans on single-use plastics. Water-based Barrier Coatings Companies ALTANA AG is a key player in specialty chemicals, offering additives, coatings, pigments, sealants, and instruments through its divisions BYK, ECKART, ELANTAS, and ACTEGA. In Feb 2025, ACTEGA partnered with Standridge Color Corp to launch water-based barrier-coated paperboard using ACTGreen Barrier Coatings. BASF SE, operating in 91 countries, serves diverse industries with its broad chemical portfolio. Its Surface Technologies unit focuses on eco-friendly coatings. In Aug 2024, BASF and Nippon Paint China launched sustainable industrial packaging. Globally, five major players hold 40–45% of the water-based barrier coatings market. ALTANA leads, followed by BASF, H.B. Fuller, Kuraray, and Michelman. The rest of the market includes regional manufacturers. Competition is driven by innovation, sustainability, and expanding applications. About MarketsandMarkets™ MarketsandMarkets™ has been recognized as one of America's best management consulting firms by Forbes, as per their recent report. MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients. Earlier this year, we made a formal transformation into one of America's best management consulting firms as per a survey conducted by Forbes. The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing. Built on the 'GIVE Growth' principle, we work with several Forbes Global 2000 B2B companies – helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.
Yahoo
24-06-2025
- Business
- Yahoo
H.B. Fuller releases 2024 sustainability report
H.B. Fuller, an adhesive technologies company, has unveiled its 2024 sustainability report, detailing the company's progress in developing products that support its customers' sustainability goals such as recyclable packaging and energy-efficient materials. The report emphasises that around 60% of H.B. Fuller's new product development is centred on enhancing the sustainability of its customers' end products. The company's efforts towards climate action are seen in its alignment with Science Based Targets initiative (SBTi) standards and the expansion of solar energy use across five countries, including India, Colombia, and China. The company's digital mentorship platform has also facilitated nearly 400 mentorship pairings. In terms of community impact, H.B. Fuller employees volunteered more than 6,600 hours globally, and the H.B. Fuller Company Foundation donated over $1.3m to various organisations. The report also highlights strong governance, with H.B. Fuller's board of directors comprising 88% independent directors and 50% female representation. H.B. Fuller CEO and president Celeste Mastin said: 'H.B. Fuller's 2024 report reflects the deep integration of sustainability into every aspect of our business - from how we innovate and operate to how we support our people and communities' H.B. Fuller's product innovations such as the Swiftmelt 1850 hot-melt adhesive demonstrate the company's commitment to sustainability, stated H.B. Fuller. Swiftmelt 1850, a pressure-sensitive hot-melt adhesive, excels on paper mailers, envelopes, and corrugated boxes. Its biobased composition aids in cutting down the reliance on fossil fuels and single-use plastics, as well as diminishing energy consumption. This ensures reliable adhesion and maintains the integrity of packages. The company's global environmental stewardship efforts include energy efficiency improvements, greenhouse gas emissions and waste reduction, and water usage minimisation. The company has upgraded its eco-efficiency in facilities such as the new manufacturing site in Cairo, Egypt, to reduce its environmental impact. "H.B. Fuller releases 2024 sustainability report" was originally created and published by Packaging Gateway, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Sign in to access your portfolio
Zawya
21-05-2025
- Business
- Zawya
H.B. Fuller opens manufacturing hub in Ras Al Khaimah
H.B. Fuller, a leading global pureplay adhesives provider, officially launched its new regional manufacturing facility in Ras Al Khaimah Economic Zone (RAKEZ), reinforcing its commitment to innovation, sustainability, and growth across the Middle East and North Africa. The inauguration, attended by RAKEZ Managing Director Sheikh Mohammed bin Humaid Al Qasimi, H.B. Fuller President and CEO Celeste Mastin, and over 50 key partners and suppliers, marked a major milestone in the company's regional expansion strategy. Located in RAKEZ's Al Hamra Industrial Zone, the 15,000 sq m facility is equipped with advanced process control systems, modern mixing equipment, and bulk storage tanks. It is purpose-built to produce high-performance adhesives and sealants for construction applications such as building envelopes, roofing, infrastructure, and mechanical systems — while offering flexibility for future growth. 'The inauguration of our new manufacturing facility in the United Arab Emirates marks a significant milestone in our journey to support the region's dynamic construction sector,' said Mastin. 'Strategically located to serve our customers more efficiently, this facility underscores our long-term commitment to the Middle East. We are proud to manufacture in the region, for the region — delivering high-performance, reliable, and future-ready solutions.' Ras Al Khaimah's strategic location, robust infrastructure, and business-friendly environment were key factors in H.B. Fuller's decision to establish its regional base in the emirate. The move enhances supply chain efficiency and supports the company's global strategy to build resilience and expand in high-growth markets. RAKEZ Group CEO Ramy Jallad said: 'H.B. Fuller's milestone is also a clear reflection of the confidence international manufacturers have in Ras Al Khaimah. With manufacturing contributing around 30% to the emirate's GDP, our industrial sector is a key pillar of economic growth and diversification. We've built a thriving ecosystem that's home to a wide range of manufacturers across multiple sectors—from construction materials to advanced technologies—making Ras Al Khaimah an ideal launchpad for businesses looking to serve the broader MENA region. At RAKEZ, we're focused on enabling that growth by offering tailored support, efficient set-up processes, and a business-friendly environment that empowers global companies to succeed. We're excited to support H.B. Fuller as they bring advanced manufacturing capabilities to MENA.' – TradeArabia News Service Copyright 2024 Al Hilal Publishing and Marketing Group Provided by SyndiGate Media Inc. (
Trade Arabia
20-05-2025
- Business
- Trade Arabia
H.B. Fuller opens manufacturing hub in Ras Al Khaimah
H.B. Fuller, a leading global pureplay adhesives provider, officially launched its new regional manufacturing facility in Ras Al Khaimah Economic Zone (RAKEZ), reinforcing its commitment to innovation, sustainability, and growth across the Middle East and North Africa. The inauguration, attended by RAKEZ Managing Director Sheikh Mohammed bin Humaid Al Qasimi, H.B. Fuller President and CEO Celeste Mastin, and over 50 key partners and suppliers, marked a major milestone in the company's regional expansion strategy. Located in RAKEZ's Al Hamra Industrial Zone, the 15,000 sq m facility is equipped with advanced process control systems, modern mixing equipment, and bulk storage tanks. It is purpose-built to produce high-performance adhesives and sealants for construction applications such as building envelopes, roofing, infrastructure, and mechanical systems — while offering flexibility for future growth. 'The inauguration of our new manufacturing facility in the United Arab Emirates marks a significant milestone in our journey to support the region's dynamic construction sector,' said Mastin. 'Strategically located to serve our customers more efficiently, this facility underscores our long-term commitment to the Middle East. We are proud to manufacture in the region, for the region — delivering high-performance, reliable, and future-ready solutions.' Ras Al Khaimah's strategic location, robust infrastructure, and business-friendly environment were key factors in H.B. Fuller's decision to establish its regional base in the emirate. The move enhances supply chain efficiency and supports the company's global strategy to build resilience and expand in high-growth markets. RAKEZ Group CEO Ramy Jallad said: 'H.B. Fuller's milestone is also a clear reflection of the confidence international manufacturers have in Ras Al Khaimah. With manufacturing contributing around 30% to the emirate's GDP, our industrial sector is a key pillar of economic growth and diversification. We've built a thriving ecosystem that's home to a wide range of manufacturers across multiple sectors—from construction materials to advanced technologies—making Ras Al Khaimah an ideal launchpad for businesses looking to serve the broader MENA region. At RAKEZ, we're focused on enabling that growth by offering tailored support, efficient set-up processes, and a business-friendly environment that empowers global companies to succeed. We're excited to support H.B. Fuller as they bring advanced manufacturing capabilities to MENA.' – TradeArabia News Service
