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May 12, 2006
ICI has agreed to sell its Cimsec Business, part of ICI Paints Europe, to Henkel. ICI said it is selling the tile adhesives and grouts business in order to focus on its decorative paint brands in Central and Eastern Europe. Cimsec, which is used by p…
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May 12, 2006
ICI Vietnam Ltd, an affiliate of UK-based ICI Paints, has begun construction of its second plant in the southPPG wins environmental achievement award
PPG Total Service Solutions was recently awarded the 2005 Environmental Achievement Award by the En…
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May 12, 2006
The continuing high activity level in the Marine segment and growth in the Protective segment has had a positive impact on Hempel’s performance in 2005. The company’s turnover was up 12% to €654.5 million, up from €583.7 million…
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Tim Wright
May 7, 2006
Michelman, a global manufacturer of performance enhancing coatings, has acquired the Wagers Corporation. The transaction includes Wagers' color coating products, inks, intellectual property and sales. The acquisition bolsters Michelman's portfolio of…
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Tim Wright
May 3, 2006
BASF has formed an agreement to acquire resins manufacturer Johnson Polymer, a subsidiary of JohnsonDiversey Inc., a U.S.-based cleaning and hygiene products manufacturer. The agreement provides for a sale price of $470 million. The transaction…
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Tim Wright
May 3, 2006
PPG Industries has acquired certain assets of Eldorado Chemical Co., Inc., a manufacturer of paint strippers and technical cleaners for the aerospace industry.
“Eldorado’s products complement PPG’s coatings aftermarket business,…
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Tim Wright
May 3, 2006
Expanding its presence in the Chinese architectural coatings market, PPG Industries has agreed to acquire certain assets of Shanghai Sunpool Building Material Co., Ltd., and its associated companies, including Shanghai IDI International Co., Ltd., an…
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Tim Wright
April 27, 2006
Sherwin-Williams reported first quarter sales increased 14.9% to $1.8 billion, compared with sales of $1.54 billion during the same period last year.
The company also reported a first-quarter net income of $113.7 million, nearly a 37% jump from a…
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Tim Wright
April 27, 2006
Ace Hardware has taken another step to strengthen its paint division, naming Jack Wickham as the director who will oversee all operations at the Ace Paint manufacturing plants in Matteson and Chicago Heights, IL, as well as sales of Ace Paint and rel…
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Tim Wright
April 27, 2006
Akzo Nobel is continuing to build its position in Central Europe having signed an agreement to acquire Balakom a.s., one of the leading paint companies in the Czech Republic.
Based in Opava in the Czech Republic, the purchase of Balakom will incre…
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Jason Lawton
April 20, 2006
The Dow Chemical Company is set to build a chemical plant in Zhangjiagang in the Jiangsu Province of China. The plant will produce oxide-based glycol ethers used in paint, coatings, ink and cleaning products. It is scheduled to begin operating in lat…
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Jason Lawton
April 20, 2006
The Valspar Corporation has elected Peter McCausland to the Valspar Board of Directors. McCausland is chairman and CEO of Airgas, Inc. Based in Radnor, PA, Airgas distributes industrial, medical and specialty gases, as well as welding, safety a…
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Tim Wright
April 12, 2006
Pulte Homes, Inc., one of the nation's largest homebuilders, has signed a five-year agreement with The Sherwin-Williams Company as its exclusive provider of paint products. Financial terms of the agreement were not released.
In its search, Pulte l…
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Tim Wright
April 12, 2006
Jotun Yemen Paints, a joint venture between Jotun Paints and Hayel Saeed Anam & Co, have opened their new paint factory in Al Alam, Aden, Yemen.
The 17,000 sqm factory, which costed more than $3 million to build, has the capacity to produce an…
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Tim Wright
April 12, 2006
ICI has agreed to sell its Cimsec Business, part of ICI Paints Europe, to Henkel. ICI said it is selling the tile adhesives and grouts business in order to focus on its decorative paint brands in Central and Eastern Europe. Cimsec, which is used by p…
Read More »
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