General Illumination LEDs to Record Highest Growth Rate

The global market for high-brightness light-emitting diodes (LEDs) is projected to reach nearly $46.4 billion in 2014 and $105.5 billion in 2019, with a compound annual growth rate (CAGR) of 17.9%, according to a recent report from BCC Research. LEDs for general illumination applications are expected to post the highest growth rate of any major segment, with a CAGR of 22% between 2014 and 2019. By 2019, shipments of LEDs for general illumination should reach $89.2 billion, or nearly 85% of the overall LED market.

The North American, European and Asia-Pacific regions have traditionally been the largest consumers of high-brightness LEDs. Over the forecast period, Chinese consumption is predicted to grow at the most rapid rate. This migration follows the path of other products that China initially produced and then sold to the general population. By the end of the forecast period, China’s percentage of consumer use will have nearly doubled.

Lighting is one of the most widespread, important and growing energy users. In the U.S., recent data indicates that slightly more than 12% of electricity and 6% of all energy is consumed just to provide lighting. Global production of energy for lighting is approximately 3,400 TwH annually, or the equivalent of about 1,700 power plants. Related carbon emissions were estimated at over 400 million tons per year. Improvements in lighting efficiency, therefore, should have an important economic and environmental impact.

“LEDs already exceed the estimated life spans of conventional lighting systems and, coupled with their environmental advantages, they represent a big step into the future,” said Andrew McWilliams, research analyst. “Solid-state lighting could affect many phases of industry and consumer markets, as well as affect savings in dollars and environmental waste.

”For more information, visit www.bccresearch.com.

To view the original article, visit www.AdhesivesMag.com.

Palmer Holland Receives Great Recognition From Evonik

Palmer Holland, a premier specialty chemical distributor, is pleased to announce it is the recipient of the Evonik Inorganic Materials Distributor of the Year award for the Highest Sales Growth in 2013.

Palmer Holland received this recognition for the second year in a row. This award comes shortly after receiving two others for Excellence in Sales Growth, Silica and Excellence in Innovation, Dynasylan®.

Thank you to Evonik Inorganic Materials for this award and to all Palmer employees who made this possible. We are excited to continue this sales growth in the future.

Palmer Holland Makes The Plain Dealer's Top Workplaces List

On Sunday, June 15, The Cleveland Plain Dealer published “The Plain Dealer Top Workplaces” for 2014 – a list of the best places to work in the Northeast Ohio area. We are delighted to announce that Palmer Holland has been named to the list, for the second year in a row, as the #24 small company in the area. This is one up from our #25 ranking last year.  

The evaluation for the Top Workplaces program is based upon feedback from an employee survey. This year's list includes 100 companies in three divisions. 

We are honored to have been selected for the award, particularly as the judges were Palmer Holland employees! Thank you all for making Palmer Holland a great place to work.

To view other companies that made this year's list, please visit the Cleveland Plain Dealer website.

TBF Environmental Completes U.S. Distribution Network

TBF Environmental Technology Inc., a world leader in the development of VOC-exempt industrial solvents, has announced the appointment of two US distributors.

  • Palmer Holland, Inc., with hubs in five major cities will distribute TBF products to the Eastern, Southern and Mid-western regions.
  • Dorsett & Jackson, based in Los Angeles, will cover distribution for the US West Coast, Alaska and the Rocky Mountain states.

David W. Rowat, TBF CEO said: "The appointment of two well-established and respected distributors like Palmer Holland and Dorsett & Jackson are an important step for TBF. The commitment of our new distributors demonstrates the growing commercial acceptance of our effective, green solvents. We expect to see a rapid increase of our sales in 2014 and beyond."

TBF develops and manufactures environmentally-friendly solvents that replace toxic solvents commonly used in the workplace. Industrial solvents release Volatile Organic Compounds to the atmosphere which can cause serious damage to the long-term health of people, including tremors, impaired memory, hearing loss, and central nervous system damage. TBF’s alternative solvents are the only products which work effectively across a range of industrial applications which are also safe for humans and the environment.

To view the full press release, see the attached document below.
TBF Completes U.S. Distributor Network
For more information about TBF Environmental, go to www.tbfenvironmental.com