Industry News

ASC Develops Cost Models for Adhesives and Sealants Under “Building the Industry” Program

Published on 2005-09-29. Author : SpecialChem

BETHESDA, MD -- The Adhesive and Sealant Council, Inc.(ASC) is pleased to announce the development of cost models designed to assess theeconomic costs of substituting adhesives and sealants for other types of fasteners.Developed exclusively for the ASC by The ChemQuest Group, these tools have beenmade available to the ASC and its 42 BTI coalition members.

The cost models can be used either at the strategic level to understand the cost of aparticular technique through an industry application, or at the customer level, to showhow adhesives compare to either mechanical fastening or welding currently in use.The attached article describes the cost models in greater detail and is available to yourtrade journal for publication.

ASC recently completed its two-year $650,000 BTI program whose goals were to creategreater appreciation for the capabilities of structural adhesives and sealants, and todevelop tools that participating members can use to educate companies involved inproduct and structural assemblies. Program participants gained insights into how toimprove perceptions about the value of adhesives with designers, engineers and other keyinfluencers, as well as obtained exclusive market research knowledge and tools tosharpen their product development and marketing programs.

About ASC

The Adhesive and Sealant Council (ASC) is the only North American trade associationdedicated to representing the adhesive and sealant industry. Incorporated in 1958, ASCis bound by the collective efforts of its members, and strives to improve the industryoperatingenvironment and strengthen its member companies. Today, ASC membersaccount for more than 75% of the aggregate industry revenues, exceeding some $6 billionannually. The Council is comprised of 125 adhesives and sealants manufacturers, rawmaterial and equipment suppliers, and industry consultants.

About The ChemQuest Group

The ChemQuest Group, Inc. is an international strategic business management consultingfirm specializing in Paints, Coatings, Resins, Polymers, Adhesives, & Sealants industries.

Source: The Adhesive and Sealant Council (ASC)

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