Breaking News
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August 10, 2005
For the three month period ended Sept. 27, Sico, Inc. posted an increase in net earnings of 47.8%, or $2.67 million, compared to $1.78 million over the same period last year. Sales rose 17.8% to $42.28 million, according to the company.
During the…
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August 10, 2005
PPG’s coatings sales for the third quarter rose six percent, as volumes increased in every business except aerospace, according to the company. The coatings segment generated record third quarter earnings, up 45% from 2001. Third quarter sales…
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August 10, 2005
Sherwin-Williams Company announced its financial results for the third quarter and the nine month period ended Sept. 30. Consolidated net sales increased 4.4% in the quarter to $1.43 billion, and 2.4% in the first nine months to $4.03 billion. The co…
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August 10, 2005
The coatings business unit of Rohm and Haas Company reported sales of $489 million for the third quarter, eight percent higher than the same period last year. Architectural and functional coatings, as well as automotive coatings, posted strong increa…
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August 10, 2005
Paint manufacturers are declaring victory after a Rhode Island jury on Oct. 29 reached a deadlock in a landmark lead paint lawsuit, resulting in a mistrial.
“We are very pleased that the state was not able to convince the jury that lead paint…
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August 10, 2005
l The TotalFinaElf group has concluded a memorandum of understanding with Bain Capital for the proposed disposal of its SigmaKalon paint business. The completion of the agreement is subject to trade union information and consultation procedures and t…
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August 10, 2005
CLEARCorps/Detroit and its founding sponsor, BASF Corporation, celebrated this achievement at a special event commemorating the 100th Detroit house in which lead hazards have been reduced. Held Oct. 14, at Mount Zion Baptist Church in Detroit, the ev…
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August 10, 2005
l Kemira will strengthen its paints and coatings operations in Scandinavia and the Baltic Sea area with the acquisition of Akzo Nobel Coatings’ Nordic general industrial liquid coatings activities. The acquisition, made by Kemira’s Tikkur…
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August 10, 2005
Manufacturing of general industrial coatings will be transferred from Akzo Nobel’s sites in Malmö, Sweden and Wloclawek, Poland to Tikkurila’s production facilities in Vantaa, Finland and Debica, Poland within 18 months.
Sales for A…
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August 10, 2005
The TREMstop line of firestop products include acrylic and silicone sealants, putties, intumescent devices and fire prevention mortar. The firestop systems are designed for metal and plastic pipe, construction and head-of-wall joints, conduit, cables…
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August 10, 2005
BASF Corp. announced that it has sold its Chicopee, MA general industrial coatings manufacturing site to C&C Ventures, LLC. The transaction includes property, buildings, production equipment and BASF’s customer list of specific products for…
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August 10, 2005
In North America, silver, currently the most popular automotive color choice, will increasingly give way to various shades of blue, according to BASF color expert, Jon Hall. “In North America, people have seen the collapse of the technology bub…
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August 10, 2005
PPG: Lorene C. Boettcher has
joined PPG Industries as manager,
global design and color marketing
for its automotive coatings business
unit, based in Troy, MI.
In her new position, Ms.
Boettcher oversees the company’s
advanced color styli…
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August 10, 2005
Degussa: Robert Poemer has been
named vice president of architectural
colorants for Degussa’s coating
and colorants business unit. In his
new position, Mr. Poemer is responsible
for the strategic direction and
overall profitability of the…
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August 10, 2005
● Sartomer: Bo Yang has been named
general manager of China for
Sartomer. Dr. Yang, who previously
served as Sartomer’s technical manager,
Asia-Pacific region, is now
responsible for the company’s business
activities in China,…
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