Tags: SOCMA Member News
H.B. Fuller Company (NYSE: FUL) announced today that it has signed an agreement to sell its surfactants, thickeners and dispersants business to Tiarco, LLC (“Tiarco”), a wholly owned subsidiary of Textile Rubber and Chemical Company, Inc., for $71 million.
June 12, 2019
U.S. Congressman Ralph Norman (R-SC) visited Nation Ford Chemical on Friday, November 17, to learn more about the specialty chemical industry and talk with company leaders and staff about key issues impacting their business.
December 20, 2017
German-based hubergroup USA, Inc., ("Huber") agreed to pay $2 million, plus interest, to settle a lawsuit initiated by John A. Dickson III, CEO of Nation Ford Chemical, alleging it violated the federal False Claims Act by misclassifying certain products being imported into the United States from India as ink, rather than pigment, to avoid paying higher import duties applicable to pigment. Duties upon pigments, a component of inks, are much greater than the duties imposed upon finished inks. The Settlement Agreement was filed under seal on July 26, 2016, and the seal has since been lifted.
November 22, 2016