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October 14, 2005
IN BRIEF SPX Process Equipment has relaunched its web site at www. s p x p e . c o m … D e g u s s a Engineered Carbons has launched a new web site www.dec-lp.com…QPanel’s calibration lab in Cleveland, OH has joined Q-Lab W…  Read More »
October 14, 2005
International Paint has announced the successful completion of the first Intersleek foul release coating newbuilding application in Korea. Pioneered by Daewoo Shipbuilding & Marine Engineering (DSME) in South Korea and International Paint K…  Read More »
October 14, 2005
LOWE’S EXPANDS INTO CANADA Lowe’s Companies, Inc., has unveiled an aggressive plan to expand into Canada. The Mooresville, NC-based retailer expects to open its first Canadian stores in Toronto in 2007. Initially, Lowe’s plans…  Read More »
October 14, 2005
AKZO NOBEL EXPANDS CHINESE COATINGS ACTIVITIES Akzo Nobel has reinforced its commitment to becoming China’s top coatings company by signing an agreement to acquire the coatings activities of Guangzhou Toide Manufacturing Co. Currently ra…  Read More »
October 14, 2005
BASF ACCREDITED BY COOL ROOF RATING COUNCIL The Cool Roof Rating Council (CRRC) has named BASF as an accredited manufacturer testing laboratory (AMTL). This designation means that BASF is accredited to test and certify the radiative properties…  Read More »
October 14, 2005
BARLOWORLD ACQUIRES MIDAS PAINTS OF SOUTH AFRICA Barloworld has acquired Midas Paints Limited for approximately $6.3 million. The company sells Earthcote, a premium range of wall coatings through 34 franchised stores in South Africa. Midas wil…  Read More »
October 14, 2005
BAYER MATERIALSCIENCE ACQUIRES POLYTHANE SYSTEMS Bayer MaterialScience LLC has acquired Polythane Systems, Inc. (PSI), a supplier of spray polyurethane foam roofing systems in the U.S. Financial terms of the acquisition were not disclosed. Bay…  Read More »
October 14, 2005
CORUS PACKAGING PLUS, VALSPAR FORM ALLIANCE Corus Packaging Plus and Valspar have formed a joint polymer coatings development program, with the main objective being of expanding Corus’ Protact polymer-coated steel business and providing…  Read More »
October 14, 2005
International Paint Japan (IPJ) has been awarded its first newbuilding contract for the supply of coatings for two Medmax LNG ships. The 75,500 cbm ships, to be built at Universal Shipbuilding Corporation’s Tsu works, are scheduled for deliv…  Read More »
October 14, 2005
REACH $3.4 BILLION IN 2009 Demand in the U.S. for color pigments, including inorganic, organic and specialty types, is forecast to increase 5.2% per year to $3.4 billion in 2009, driven by above average gains in high-performance organic pigment…  Read More »
October 14, 2005
ASIAN COATING SALES VALUED AT $20.5 BILLION IN 2004 According to a new study by Kusumgar, Nerlfi & Growney, Asian coating consumption surged to 7.9 MM metric tons (MT) with a sales value of $20.5 billion in 2004. An eight percent annual gr…  Read More »
October 14, 2005
ACE HARDWARE AND JOHN MADDEN REMAIN TEAMMATES John Madden and Ace Hardware will remain advertising teammates into the next decade. Ace has renewed its contract with the legendary football coach and TV analyst for six additional years. Madden will…  Read More »
Christine Esposito
October 14, 2005
Ford Motor Company has unveiled its “paint shop of the future,” which it says will save it between $7-11 per vehicle and reduce VOC emissions by 10% and CO2 by 20. “Painting vehicles is arguably the auto industry’s biggest…  Read More »
Christine Esposito
October 11, 2005
Indian paint manufacturer Goodlass Nerolac has reportedly formed a joint venture with Kansai Paint  to acquire the paint operations of a Malaysian coatings firm. According to an online report from Business Standard, Nerolac will hold 55% of t…  Read More »
Christine Esposito
October 6, 2005
Kerr-McGee Corp.’s board of directors has approved the separation of its chemical business through an initial public offering (IPO) of shares of the Class A common stock of its wholly-owned subsidiary, Tronox Incorporated. The IPO is planned fo…  Read More »

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