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September 12, 2006
At the same time, the company name was changed to TOB Tikkurila. With net sales totalling approximately $3.7 million in 2005, the company manufactures waterborne paints in Kiev for mainly professional users under the brand name Kolorit. TOB Tikkuril…
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September 12, 2006
Nippon Sets up In India
Nippon Paint has made plans to set up two manufacturing units in India. Proposed at Chennai and Gurgaon, the units will start production in 2008 and will cater to the decorative and automotive paint segments. Both units will…
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September 12, 2006
Greenkote Opens First Overseas Plant in Germany
Greenkote Plc announced the opening of its first European overseas plant in Germany. The 450 square meter Bavarian-based facility can process 200 kg of coated parts an hour, and has ample room to expan…
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September 12, 2006
ShawCor to Provide Pipeline Coatings in Saudi Arabia
Canada-based ShawCor Ltd. announced that its joint venture affiliate, Arabian Pipecoating Company (APCO), has received a contract with a total value in excess of $60 million to provide anti-corro…
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Tim Wright
September 11, 2006
Insl-x Products Corporation has entered into an agreement with Trinity Coatings whereby Insl-x will acquire Trinity's Wood Coatings Division. The acquisition is consistent with Insl-x Products' strategy to further develop and strengthen its wood coat…
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Tim Wright
September 7, 2006
PPG broke ground on a 22-acre site in the Tahoe-Reno Industrial Center, about 15 miles east of Reno, to build a 95,000-square foot architectural coatings manufacturing facility.
Expected to begin production near the end of 2007, the facility will…
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Tim Wright
September 6, 2006
Tikkurila has established a fully-owned sales company TOO Tikkurila in Almaty, Kazakhstan, for marketing decorative paints under the Finnish Tikkurila brand and the Russian Teks brand. In the future, the company will also market Tikkurila's industria…
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Tim Wright
September 6, 2006
NeoMedia Technologies, Inc., has signed a non-binding letter of intent to sell its Micro Paint Repair business unit to Jose Sada, a technology partner of NeoMedia Micro Paint Repair, backed by the Global Emerging Markets Group (GEM) of New York City.…
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Tim Wright
September 6, 2006
Volvo Construction Equipment has announced plans to build a brand new paint shop at its Hallsberg plant, representing an investment of SEK 150 million. The new paint shop will result in improved quality, greater capacity, lower costs and a range of e…
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Tim Wright
September 6, 2006
Tikkurila Oy, which is responsible for Kemira's paints and coatings business, has acquired from the management a 100% share of the company Finncolor s.r.o. in Prague, the Czech Republic. The company name will be changed into Tikkurila s.r.o. The acqu…
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Tim Wright
August 31, 2006
Valspar reported that third-quarter sales rose 10% to $797 million, from $727 million in the same period last year. Earnings rose 13% for the period to $52.6 million from $45.7 million.
The company, which manufactures paints and coatings under se…
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Tim Wright
August 31, 2006
Thompson’s Water Seal has entered into a multi-year partnership with the Niagara Falls State Park in New York.
Under terms of the agreement, Thompson’s will provide funding and Thompson’s Water Seal products for ongoing construc…
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Tim Wright
August 31, 2006
DuPont has opened their new offices in Milan, Italy. The 2,000 square-meter space accommodates approximately 120 fixed work stations and 12 wireless internet stations for employees who work from home.
To create a consistent identity and leverage…
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Tim Wright
August 31, 2006
Sermatech has completed its new Science and Technology Center in Limerick, PA . The center will conduct advanced aerospace and industrial coatings research and development as well as new application rapid prototyping. The new facility is fully equipp…
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Tim Wright
August 24, 2006
Matrix System Automotive Finishes, Inc. has combined with Quest Specialty Chemicals Inc. and will continue under the name Matrix System Automotive Finishes, LLC and with current operations in Michigan.
Matrix's new corporate structure will continu…
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