Breaking News


  • Paint & Coatings Manufacturer News

    BASF unveils innovations

    Under its new slogan—“BASF Automotive Solutions. Performance Passion Success”—BASF recently launched its “Integrated Process II” at the sixth CAR symposium held at the Ruhr Congress Center in Bochum, Germany. Accor…
    04.05.06

  • Paint & Coatings Manufacturer News

    Insl-x and Eliokem launch a joint promotional campaign

    Insl-x Superior Coating Systems and Eliokem have formed a joint promotional initiative to promote Odorless Primer/Sealer, Insl-x’s low odor stain killer. Responding to the industries demand for lower VOC emissions, Insl-x’s newest generat…
    04.05.06

  • Financial News | Price Increases

    Sicoís 2005 sales rise 2.9%

    For 2005, Sico reported record sales of $312.1 million, which represents a 2.9% increase over the previous year, despite higher manufacturing and distribution costs largely attributable to soaring oil prices. Commenting on Sico’s 2005 performa…
    04.05.06

  • Financial News | Powder Coatings

    Jotunís Sales up in 2005

    For Jotun, 2005 was a record year in terms of sales. Group sales, including Jotun Dekorativ, Jotun Coatings, Jotun Paints and Jotun Powder Coatings, totalled approximately $1 billion, reflecting an increase of approximately $97 million over 2004 tota…
    04.05.06

  • Financial News

    Valspar Reports

    Valspar reported net income for the first quarter ended January 27 of $22,541,000 versus net income of $11,698,000 for the comparable period last year. Sales for the quarter increased 13.0% to $629,765,000, compared to $557,144,000 last year. &ldqu…
    04.05.06

  • Financial News

    Sherwin-Williams Raises

    Sherwin-Williams Company is updating its expectations for the first quarter of 2006 that were previously announced on January 26. Consolidated net sales for the first quarter of 2006 are projected to be 13-14% higher than the first quarter of 2005.…
    04.05.06

  • Breaking News

    Akzo Nobel makes offer to acquire Sico

    Akzo Nobel has made an offer to acquire Sico, Inc. Sico’s two largest shareholders, who own approximately 34% of the company’s common shares, have signed a binding commitment to tender their shares under the offer. The Sico board of direc…
    Tim Wright 04.05.06

  • Breaking News | Industrial Coatings

    SigmaKalon acquires the coil coatings activities of Bollig & Kemper

    SigmaKalon and Bollig & Kemper GmbH & Co. KG have reached an agreement for the acquisition by SigmaKalon of its coil coatings activities. With this acquisition, SigmaKalon Business Unit Industrial Coatings intends to enforce its coil coatings…
    Tim Wright 04.05.06

  • Breaking News

    Pacific Coatings Buys Out Orica Coatings Fiji

    In a move that will make it one of Fiji's largest paint companies, Fiji-based Pacific Coatings has purchased Orica Coatings Fiji. Orica’s major brands including Dulux, Berger and British Paints, account for 40% of all paints sold in Fiji. Pacif…
    Tim Wright 03.29.06

  • Breaking News

    ICI Paints Set to Open Second Vietnam Plant Mid Next Year

    ICI Vietnam Ltd, an affiliate of UK-based ICI Paints, has begun construction of its second plant in the southern part of Vietnam. The new plant is being built on a six hectare site in My Phuoc Industrial Park  in the the southern Binh Duong prov…
    Tim Wright 03.29.06

  • Breaking News

    H.B. Fuller to Acquire Henkel's Insulating Glass Sealant Business

    H.B. Fuller Company has entered into an asset purchase agreement with Henkel KGaA under which H.B. Fuller will acquire Henkel's insulating glass sealant business. Henkel's glass sealant business manufactures sealants for windows used in both resid…
    Tim Wright 03.29.06

  • Breaking News

    Trio Industries Acquires Ultra Fine Coating Systems

    Utek Corp. and Trio Industries Group, Inc., announced that Trio Industries Group has acquired Ultra Fine Coating Systems, Inc., a wholly owned subsidiary of Utek Corp. Ultra Fine Coating Systems holds a license to an innovative powder-coating technol…
    Tim Wright 03.20.06

  • Breaking News

    DSM Desotech Sells Display Coatings Business to JSR Corporation

    DSM Desotech Inc., a subsidiary of Royal DSM N.V. based in the Netherlands, and JSR Corporation have signed definitive agreements that will result in JSR acquiring the display coatings business that the two companies have jointly cooperated in as par…
    Tim Wright 03.20.06

  • Breaking News

    DuPont to close European facilities

    DuPont has announced plans to close several of its facilities across Europe, including two in Spain, one in the Netherlands and one in Germany. The company will cut approximately 1,500 jobs in its performance coatings business as a result. The sit…
    Tim Wright 03.15.06

  • Breaking News

    Barbot to open Angolan factory

    Barbot, the fourth largest paint manufacturer in Portugal, has made plans to open a factory in Angola by the end of the year, with an annual production capacity of approximately one million liters of paint. Market turnover of up to €2 million…
    Tim Wright 03.15.06

  • Breaking News

    SigmaKalon opens R&D center in Asia

    SigmaKalon has opened its new R&D center in Kunshan, China. This facility will service SigmaKalon's marine and protective coatings business in northern Asia. Representing an investment of over $1 million on construction and equipment, the center…
    Tim Wright 03.15.06

  • Breaking News | Industrial Coatings

    Hentzen Coatings teams with U.S. Army to develop chemical resistant coatings

    The U.S. Army has awarded Hentzen Coatings, Inc. an order for military vehicle protective coatings in the amount of $9.2 million. The delivery order is part of a $14.1 million firm-fixed-price contract for the chemical agent resistant coatings. W…
    Tim Wright 03.09.06

  • Breaking News

    Insl-x and Eliokem launch a joint promotional campaign

    Insl-x Superior Coating Systems and Eliokem have formed a joint promotional initiative to promote Odorless Primer/Sealer, Insl-x's low odor stain killer. Responding to the industries demand for lower VOC emissions, Insl-x's newest generation of Odorl…
    Tim Wright 03.09.06

  • Breaking News

    LORD Corporation agrees to purchase business line of Henkel

    Adhesive manufacturer LORD Corporation has signed a definitive agreement with Henkel KGaA of Duesseldorf, Germany to purchase Henkel's rubber-to-substrate bonding and rubber coating business. The business primarily serves automotive and industrial…
    Tim Wright 03.07.06

  • Breaking News

    Akzo Nobel planning major coatings expansion in Spain

    Akzo Nobel has agreed to sell its decorative coatings site near Barcelona, Spain as part of an expansion of its business activities there, which will include the construction of a brand new facility. The land and buildings at the Sant Adria de Be…
    Tim Wright 03.03.06