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June 13, 2006
CPS COlor group OY appoints CFO, SVP Human resources Semi Korpela has been appointed chief financial officer of CPS Color Group Oy, a supplier of advanced tinting systems. He will replace Kari Selmgren, the former CFO of the group. Korpela f…  Read More »
June 13, 2006
BASF will acquire resins manufacturer Johnson Polymer, a subsidiary of JohnsonDiversey Inc. of Sturtevant, WI. The agreement provides for a sale price of $470 million on a cash and debt-free basis. Both companies have agreed not to disclose additiona…  Read More »
June 13, 2006
Silberline, a supplier of special effect and performance pigments, has formed a global strategic alliance with Taizhu, one of China’s top pearlescent pigment producers. Silberline and Taizhu will engage in joint marketing and technical coopera…  Read More »
June 13, 2006
Reichhold has been named the top alkyd resin supplier to the paint and coatings industry in Brazil. This designation came as part of the 10th Annual Paint and Pintura Awards, which recognizes excellence among suppliers to the paint and coatings…  Read More »
June 13, 2006
Sartomer Company has implemented sales control on its Wingtack resins product line. According to Sartomer, the control is being implemented as a result of a number of events worldwide affecting the availability of C5 resin-making streams. Sartomer&rs…  Read More »
June 13, 2006
BASF has opened its first research center for nanotechnology in Asia. The Competence Center for Nano-structured Surfaces in Singapore involves a €13 million expenditure up to 2008 and will employ a staff of 20, comprised mainly of scientis…  Read More »
June 13, 2006
ICI Paints has agreed to become an official corporate partner of Major League Soccer (MLS). ICI expects this partnership to make an impression with their professional and DIY customers. “This initiative provides us with tremendous opportunitie…  Read More »
June 13, 2006
Looking to expand 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.,…  Read More »
June 13, 2006
BASF Coatings has made plans to relocate its automotive refinish business to the organization’s head office and production facility based at Deeside by July 2006. This will bring all the BASF Coatings businesses in the UK under one roof, with…  Read More »
June 13, 2006
Unaxis has announced that its coating services business unit, Balzers, has acquired the PVD coating operations of Gold Star Coatings, a subsidiary of the industrial tooling group Star Cutter Co. Balzers will assume the function of coatings partner f…  Read More »
June 13, 2006
Michelman has acquired the Wagers Corporation as part of a transaction that includes Wagers’ color coating products, inks, intellectual property and sales. The acquisition bolsters Michelman’s portfolio of water-based barrier, functional…  Read More »
June 13, 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, en…  Read More »
June 13, 2006
ASTM Committee D-01, “Paint and Related Coatings, Materials and Applications,” will be held at the Sheraton Center Hotel in Toronto, Ontario, Canada, June 25-28. A highlight will be a presentation…  Read More »
Tim Wright
June 7, 2006
The Danish Hempel Group officially inaugurated its new paint production plant in the Vietnam-Singapore Industrial Park in Binh Duong Province, near Ho Chi Minh City. The new factory has a production capacity of three million liters a y…  Read More »
Tim Wright
June 7, 2006
Akzo Nobel and Sico have announced that Sico shareholders holding approximately 97% of the outstanding Sico common shares on a fully-diluted basis and all of the Sico Class B preferred shares have accepted the offer dated April 25, 2006 of 9168-1528…  Read More »

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