We are a leading worldwide formulator, manufacturer and marketer of adhesives,
sealants and other specialty chemical products. Sales operations span 36 countries
in North America, Europe, Latin America, the Asia Pacific region, India, the
Middle East and Africa. Industrial adhesives represent our core product offering.
Customers use our adhesives products in manufacturing common consumer and industrial
goods, including food and beverage containers, disposable diapers, windows,
doors, flooring, appliances, sportswear, footwear, multi-wall bags, water filtration
products, insulation, textiles and electronics. Our adhesives help improve the
performance of our customers’ products or improve their manufacturing
processes. We also provide our customers with technical support and unique solutions
designed to address their specific needs. We have established a variety of product
offerings for residential construction markets, such as tile-setting adhesives,
grout, sealants and related products, which are sold primarily in our Construction
Products operating segment.
Our business is reported in four operating segments - Americas Adhesives, EIMEA
(Europe, India, Middle East and Africa), Asia Pacific and Construction Products.
Our Americas Adhesives, EIMEA and Asia Pacific operating segments produce and
supply industrial adhesives products for applications in various markets, including
durable assembly (appliances, filters, construction, automotive, electronics,
windows, doors, wood flooring, textile such as footwear, sportswear), packaging
(food and beverage containers, flexible packaging, consumer goods, package integrity
and re-enforcement, durable and non-durable goods), converting (corrugation,
folding carton, tape and label, paper converting, envelopes, books, multi-wall
bags, sacks, tissue and towel) and nonwoven and hygiene (disposable diapers,
feminine care and medical garments). Our Construction Products operating segment
includes products used for tile setting (adhesives, grouts, mortars, sealers,
levelers), flooring, and heating, ventilation and air conditioning and insulation
applications (duct sealants, weather barriers and fungicidal coatings, block
fillers).
The Americas Adhesives operating segment includes a full range of specialty
adhesives such as thermoplastic, thermoset, reactive, water-based and solvent-based
products. Sales are made primarily through a direct sales force with a smaller
portion of sales through distributors.
The principal markets, products and methods of distribution outside the United
States vary with each of our regional operations generally maintaining integrated
business units that contain dedicated supplier networks, manufacturing, logistics
and sales organizations. The vast majority of the products sold within any region
are produced within the region, and the respective regions do not import significant
amounts of product from other regions. At the end of 2015, we had sales offices
and manufacturing plants in 20 countries outside the United States and satellite
sales offices in another 15 countries.
We have detailed Code of Conduct policies that we apply across all of our operations
around the world. This set of policies represents a set of common values that
apply to all employees and all of our business dealings. We have adopted policies
and processes, and conduct employee training, all of which are intended to ensure
compliance with various economic sanctions and export controls, including the
regulations of the U.S. Treasury Department’s Office of Foreign Assets
Control (OFAC). We do not conduct any business in countries that are subject
to U.S. economic sanctions such as Cuba, Iran, North Korea, Sudan and Syria.
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