July 23, 2021
SI Group, a performance additives company, announced plans to complete an agreement to sell the majority of its global Industrial Resins business to ASK Chemicals, a portfolio company of private equity firm, Rhone Group.
The transaction includes SI Group’s Industrial Resins products and associated manufacturing sites in Rio Claro, Brazil; Ranjangaon, India; and Johannesburg, South Africa, as well as licensed technology and multiple tolling agreements globally. ASK Chemicals, headquartered in Hilden, Germany, is in the foundry materials sector and manufactures binders, coatings, feeders, filters, and release agents, as well as metallurgical products including inoculants, inoculation wires and master alloys for iron casting.
“We remain confident this is the right strategic move for our employees and our business. ASK Chemicals has proven industry expertise that will add significant value and continuously enhance these businesses,” says David Bradley, President & CEO of SI Group. “The deal also allows us to focus more intentionally on building and growing our portfolio as a performance additives powerhouse.”
SI Group will retain its Industrial Resins businesses in the U.S. and China.
www.siigroup.com
Feature Video: Turn Your Smart Phone into a Virtual Inspection Instrument
This video by DeFelsko highlights the benefits of the PosiTector SmartLink when paired with a PosiTector 6000, DPM, SPG, or RTR H probe. Turn your Apple or Android device into a multi-functional, virtual inspection instrument and take advantage of powerful smartphone features.
DeFelsko has also recently launched a new gloss meter for the PosiTector.
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Paul N. Gardner USA, global distributors, producers, and designers of quality physical and inspection instruments for the paint, coatings, and related industries, has introduced a new offering: The compact, portable Sling Psychrometer.
As an easy way to measure relative humidity levels quickly, this uniquely compact Bacharach Sling Psychrometer accurately determines per cent relative humidity without the necessity of consulting complex tables. There is no need to wet the wick each time a reading is taken, and it contains a slide rule calculator which correlates wet and dry bulb thermometer indications for direct reading of relative humidity. When not in use, the thermometer case telescopes into the handle for protection.
The Sling Psychrometer consists of two thermometers that are turned by vigorously swinging the handle and exposing the thermometers to rapid air movement. These two thermometers are called dry bulb and wet bulb. The bulb of one thermometer is placed in direct contact with the room air to measure dry-bulb air temperature. The bulb of the other thermometer is covered with a silk or muslin sleeve that is kept moist to record the wet bulb temperature. Evaporation cools the wet bulb more than the dry bulb, and the humidity is obtained as a function of change in temperature. The atmospheric humidity is determined by calculations, steam tables, or using a psychrometric chart. Gardco.com
