• Sherwin-Williams to

    March 12, 2009
    || Sherwin-Williams to acquire Altax in Poland Sherwin-Williams has agreed to acquire Altax Sp. zo.o. headquartered in Poznan, Poland. Altax is a manufacturer of protective woodcare coatings and serves multiple channels including industrial, profession…

  • RPM subsidiary acquires

    March 12, 2009
    || RPM subsidiary acquires Swiss sealants company Tremco illbruck International GmbH, a subsidiary of RPM, has acquired Karochemie AG, a Swiss supplier of sealants to the construction markets in Switzerland and Liechtenstein. Head­quartered in Baar…

  • PPG awarded Military

    March 12, 2009
    || PPG awarded Military Sealift Command contract PPG’s protective and marine coatings (PMC) business has been awarded the U.S. Navy’s Military Sealift Command (MSC) Fleet Paint and Related Services contract. During this multi-year contract,…

  • Kansai Nerolac to

    March 12, 2009
    || Kansai Nerolac to open new facility Kansai Nerolac Paints Limited, India’s second largest paint manufacturer, is setting up its second manufacturing facility in Tamil Nadu at Hosur. The company has a similar facility in Perungudi at Chennai. H…

  • AkzoNobel posts 1.5B loss in 4Q

    March 12, 2009
    || AkzoNobel reported a €1.52 billion ($1.93 billion) loss for the fourth quarter, due mostly to writedowns on the value of Imperial Chemical Industries (ICI), which it bought last year and was hit hard by the global economic downturn. The loss com…

  • RPM acquires interest

    March 12, 2009
    || RPM acquires interest in Chinese licensee Carboline Company, a subsidiary of RPM, has acquired a 49% interest in its Chinese licensee, Carboline Dalian Paint Production Co., Ltd. (Carboline Dalian). The remaining 51% of the joint venture will be own…

  • RPM's income drops 23% in 2Q

    March 12, 2009
    || RPM’s income drops 23% in 2Q RPM International’s sales of $890 million for second quarter of fiscal 2009 were down 1.7% from the $905.7 million reported a year ago. Net income for the quarter decreased 23.9%, to $41.7 million from $54.9 m…

  • H.B. Fuller opens

    March 12, 2009
    || H.B. Fuller opens Asia Pacific technology center H.B. Fuller Company has opened a new technical center in Shanghai Zhangjiang Hi-Tech Park, China. The new lab, part of the company’s five-year strategic plan, is the company’s first region…

  • Valspar's 1Q sales drop 16%

    March 12, 2009
    || Valspar’s 1Q sales drop 16% First-quarter sales at Valspar dropped 16.4% from the same period last year to $639.5 million. Net income for the first quarter of 2009 dropped to $14.2 million from $24 million the year before. Excluding non-cash ad…

  • Coatings & Ink Additives Report

    March 12, 2009
    || Coatings & Ink Additives Report According to the consulting firm Kusumgar, Nerlfi & Growney, worldwide consumption of five leading additives for coatings and inks was 1.4 million pounds worth $3.1 billion in 2008. Coatings took some 80% of th…

  • A Profile of the Central American

    March 12, 2009
    || A Profile of the Central American and Caribbean Paint Industry Information Research (IRL) has published a report dedicated to the Central American and Caribbean paint markets titled, “A Profile of the Central American and…

  • Rohm and Haas launches Rhoplex CS-100

    March 12, 2009
    || Rohm and Haas has launched a new innovative binder, Rhoplex CS-100 emulsion to the North American architectural coatings market. This new thermoplastic, water-resistant binder provides excellent resistance to water blushing, is VOC-compliant and exhi…

  • New Colour Index

    March 12, 2009
    || New Colour Index for BASF Orange Pigment BASF has developed a new brilliant orange pigment that has been listed in the Colour Index (C.I.) as Pigment Orange 82. BASF will market the orange pigment under the tradename Sicopal Orange L 2430 for coatin…

  • Sartomer offers hydrophobic

    March 12, 2009
    || Sartomer offers hydrophobic urethane oligomer Sartomer Company has introduced a hydrophobic urethane acrylate oligomer. CN9014 offers increased chemical resistance and enhanced dielectric properties, and is compatible with hydrophobic acrylate monome…

  • Cytec offers modified UV epoxy acrylate for metal coatings

    March 12, 2009
    || Cytec offers modified UV epoxy acrylate for metal coatings Cytec Industries Inc. has launched the Ebecryl 3300 resin, a new modified UV epoxy acrylate for metal coatings. UV/EB curable coatings containing the Ebecryl 3300 resin demonstrate high react…

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