Breaking News


  • Paint & Coatings Manufacturer News

    Akzo Nobel makes

    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…
    05.12.06

  • Industrial Coatings  | Paint & Coatings Manufacturer News

    Sigma Kalon acquires

    Sigma Kalon and Bollig & Kemper GmbH & Co. KG have reached an agreement for the acquisition by SigmaKalon of its coil coatings activities. With this acquisition, Sigma Kalon Business Unit Industrial Coatings intends to enforce its coil coatin…
    05.12.06

  • Paint & Coatings Manufacturer News

    jotun signs

    During the next two years, Jotun Coatings will supply paint systems to Kashagan in the Caspian sea, the world’s largest offshore oil field. Jotun’s involvement in the project covers supply vessels, offshore barges, tank ships, pipe trench…
    05.12.06

  • Paint & Coatings Manufacturer News

    DSM Desotech sells

    JSR Corporation has acquired the display coatings business that it and DSM Desotech have jointly cooperated in as part of their joint venture, Japan Fine Coatings Co., Ltd. JSR will directly acquire DSM Desotech’s display coatings technology…
    05.12.06

  • Paint & Coatings Manufacturer News

    Trio Industries acquires

    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 technology developed at The University of Western Ontario, which a…
    05.12.06

  • Paint & Coatings Manufacturer News

    Pulte Homes selects

    Pulte Homes, Inc., one of the nation’s largest homebuilders, has signed a five-year agreement with to be Sherwin-Williams’ exclusive provider of paint products. In its search, Pulte looked for an exclusive paint provider that could provi…
    05.12.06

  • Paint & Coatings Manufacturer News

    Jotun Yemen Paints

    Jotun Yemen Paints, a joint venture between Jotun Paints and Hayel Saeed Anam & Co, have opened their new paint factory in Al Alam, Aden, Yemen. The 17,000 sqm factory, which cost more than $3 million to build, has the capacity to produce an ann…
    05.12.06

  • Paint & Coatings Manufacturer News

    ICI to sell tile adhesives

    ICI has agreed to sell its Cimsec Business, part of ICI Paints Europe, to Henkel. ICI said it is selling the tile adhesives and grouts business in order to focus on its decorative paint brands in Central and Eastern Europe. Cimsec, which is used by p…
    05.12.06

  • Paint & Coatings Manufacturer 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 southPPG wins environmental achievement award PPG Total Service Solutions was recently awarded the 2005 Environmental Achievement Award by the En…
    05.12.06

  • Financial News

    Hempels marine and protective sales

    The continuing high activity level in the Marine segment and growth in the Protective segment has had a positive impact on Hempel’s performance in 2005. The company’s turnover was up 12% to €654.5 million, up from €583.7 million…
    05.12.06

  • Breaking News

    Michelman acquires Wagers Corporation

    Michelman, a global manufacturer of performance enhancing coatings, has acquired the Wagers Corporation. The transaction includes Wagers' color coating products, inks, intellectual property and sales. The acquisition bolsters Michelman's portfolio of…
    Tim Wright 05.07.06

  • Additives | Breaking News

    BASF to acquire resins specialist Johnson Polymer

    BASF has formed an agreement to acquire resins manufacturer Johnson Polymer, a subsidiary of JohnsonDiversey Inc.,  a U.S.-based cleaning and hygiene products manufacturer. The agreement provides for a sale price of $470 million. The transaction…
    Tim Wright 05.03.06

  • Breaking News

    PPG acquires specialty products for aerospace aftermarket

    PPG Industries has acquired certain assets of Eldorado Chemical Co., Inc., a manufacturer of paint strippers and technical cleaners for the aerospace industry. “Eldorado’s products complement PPG’s coatings aftermarket business,…
    Tim Wright 05.03.06

  • Architectural Coatings | Breaking News

    PPG to acquire Chinese manufacturer, distributor of architectural coatings

    Expanding its presence in the Chinese architectural coatings market, PPG Industries has agreed to acquire certain assets of Shanghai Sunpool Building Material Co., Ltd., and its associated companies, including Shanghai IDI International Co., Ltd., an…
    Tim Wright 05.03.06

  • Breaking News

    Sherwin-Williams first-quarter sales increase

    Sherwin-Williams reported first quarter sales increased 14.9% to $1.8 billion, compared with sales of $1.54 billion during the same period last year. The company also reported a first-quarter net income of $113.7 million, nearly a 37% jump from a…
    Tim Wright 04.27.06

  • Breaking News

    Ace Hardware appoints new director of Ace Paint division

    Ace Hardware has taken another step to strengthen its paint division, naming Jack Wickham as the director who will oversee all operations at the Ace Paint manufacturing plants in Matteson and Chicago Heights, IL, as well as sales of Ace Paint and rel…
    Tim Wright 04.27.06

  • Breaking News | Powder Coatings

    Akzo Nobel expands in the Czech Republic

    Akzo Nobel is continuing to build its position in Central Europe having signed an agreement to acquire Balakom a.s., one of the leading paint companies in the Czech Republic. Based in Opava in the Czech Republic, the purchase of Balakom will incre…
    Tim Wright 04.27.06

  • Breaking News

    Dow to Build Chemical Plant in China

    The Dow Chemical Company is set to build a chemical plant in Zhangjiagang in the Jiangsu Province of China. The plant will produce oxide-based glycol ethers used in paint, coatings, ink and cleaning products. It is scheduled to begin operating in lat…
    Jason Lawton 04.20.06

  • Breaking News

    McCausland Elected to Valspar Board

    The Valspar Corporation has elected Peter McCausland to  the Valspar Board of Directors. McCausland is chairman and CEO of Airgas, Inc. Based in Radnor, PA, Airgas distributes industrial, medical and specialty gases, as well as welding, safety a…
    Jason Lawton 04.20.06

  • Breaking News

    Pulte Homes selects Sherwin-Williams to provide paint fo all its new homes

    Pulte Homes, Inc., one of the nation's largest homebuilders, has signed a five-year agreement with The Sherwin-Williams Company as its exclusive provider of paint products. Financial terms of the agreement were not released. In its search, Pulte l…
    Tim Wright 04.12.06