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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 »
Christine Esposito
October 4, 2005
BASF Coatings has acquired the coil coatings business of Rhenania Coatings GmbH. Pending regulatory authority approval, the transaction is expected to be completed during the fourth quarter. Financial details were not disclosed. The deal includes…  Read More »
Christine Esposito
October 4, 2005
Ace Hardware has inked an accord with Lawsons, an English lumber and building materials chain, that will bring Ace Paint to the UK market. In the accord, Lawsons, which has been serving the greater London area since 1921, has been granted exclusiv…  Read More »
Jason Lawton
October 3, 2005
Sico Inc., Canada's largest paint manufacturer, has acquired Mills Paint Sales Ltd., the maker of Mills Paint and Richcraft architectural paint. The acquisition came through Sico's wholly owned subsidiary, Bétonel Ltée. Mills Paint,…  Read More »
Christine Esposito
September 29, 2005
Altana AG has acquired Kelstar International, a privately owned Philadelphia-based company that specializes in aqueous and UV curable coatings for the printing Industry. Kelstar's products are used on folding cartons, labels, commercial advertisement…  Read More »
September 19, 2005
DuPont has appointed Terry Caloghiris vice president and general manager, Performance Coatings Transformation. In this role, Caloghiris will lead the strategic transformation of DuPont’s coatings businesses. He is currently vice pres…  Read More »

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