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September 20, 2007
After two months of negotiations, the chemicals and paints group of UK-based ICI has agreed to be bought by Dutch rival Akzo Nobel for £8 billion ($16.1 billion). The board of Imperial Chemical Industries (ICI) has agreed to the cash takeover,…  Read More »
September 20, 2007
PPG Industries announced an offer to purchase SigmaKalon Group, based in Uithoorn, Netherlands, from global private investment firm Bain Capital. The total transaction value, including assumed debt, is €2.2 billion. Bain Capital has granted a pe…  Read More »
September 20, 2007
DuPont Chemical Solutions Enterprise (DCSE), DuPont Titanium Technologies (DTT) and partner Beger Co., Ltd. recently launched Beger Shield Gloss Enamel Paint in Thailand. The new product is formulated with DuPont Teflon and DuPont Zonyl. Beger is Du…  Read More »
September 20, 2007
Kemira Coatings (Tikkurila) has announced plans to build a logistics and customer service center in Moscow. The investment will total approximately €20 million. Kemira Coatings has been exporting paint and coatings to Russia for decades under th…  Read More »
September 20, 2007
Berger Paints India Ltd. will invest 500 million rupees to set up an automotive paint plant in Pune. The total production capacity of the plant will be 800 kiloliters per month and will be operational in one year. The company’s current automoti…  Read More »
September 20, 2007
Jotun Paints has launched its first Inspiration Centre in Bahrain, which provides a showcase of exterior and interior paint concepts for the Arabian home. The manufacturer’s latest innovation is aimed at reaching end-users in Bahrain where the…  Read More »
September 20, 2007
Ecology Coatings, Inc. has completed its reverse merger with OCIS Corp­oration. As previously announced, OCIS Corp. and Ecology Coatings entered into a merger agreement, which called for OCIS to acquire Ecology Coatings in a statutory merger with…  Read More »
September 20, 2007
Liquidmetal Technologies, Inc. has completed an $11.1 million financing transaction in which it transferred the assets of its Liquidmetal Coatings division to a newly formed, newly capitalized subsidiary named Liquidmetal Coatings, LLC in a sale tran…  Read More »
September 20, 2007
Hempel has signed an agreement with DuPont Performance Coatings related to topcoat systems technology for the superyacht market. Now new ProFinish topcoats will complement Hempel’s existing ProFiller and ProBuild products to create a distinctiv…  Read More »
September 20, 2007
PPG Industries’ aerospace business and Altair Nanotechnologies have formed an agreement for the development and commercialization of environmentally friendly nanoparticle technology to replace chromate in aircraft primer that affords excellent…  Read More »
September 20, 2007
International Paint has launched the first phase of expansion of their worldwide research and development team based in Newcastle, UK, to the company’s U.S. operations in…  Read More »
September 20, 2007
Michelman has recently developed two wax dispersions, Michem Guard 349 and Michem Guard 350. Both dispersions aid in imparting a matting effect to most aqueous coatings and varnishes, while enhancing other properties such as abrasion resistance and w…  Read More »
September 20, 2007
Tego has introduced two new resins for colorant concentrates that are compatible in a broad variety of resins systems. Synthetic Resin TC is a ketone-aldehyde condensation resin that serves as a carrier resin for pigment concentrates with unive…  Read More »
September 20, 2007
Dow Chemical Company and Solvay S.A. have entered into an agreement to create a joint venture for the construction of a hydrogen peroxide (HP) plant in Thailand. Scheduled to be operational in 2010, the new HP plant will serve as a raw material…  Read More »
September 20, 2007
Akzo Nobel has announced new strategic targets for China which outline the company’s ambition to achieve revenues totaling $2 billion by 2012. Rapid expansion in recent years has seen the company significantly increase both its presence and its…  Read More »

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