Sherwin-Williams’ second quarter net sales rose 21.5% to $1.97 billion and six-month sales jumped 19.3% to $3.5 billion. The sales gains were due primarily to strong performance by stores open for more than 12 calendar months, acquisitions in the paint store and consumer segments and improvement in its automotive finishes and international coatings segments, the company said.
Acquisitions—Duron and Paint Sundry brands—added $144.1 million to net sales in the second
Being a formulator is becoming much more difficult in light of increased regulatory pressures on common raw materials.
Formulators who develop coatings based on oxidatively cured (alkyd) binders face major regulatory obstacles for two key in…