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Published March 12, 2009
Benjamin Moore retail
program honored by the CMA
Benjamin Moore Rewards, a program designed to recognize those on the retail frontlines, was itself recently recognized for its ingenuity and effectiveness. The Canadian Marketing Association (CMA) cit… Read More »
Published 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… Read More »
Published 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… Read More »
Published 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… Read More »
Published February 11, 2009
AkzoNobel to divest
non-stick coatings activities
AkzoNobel has agreed to divest its non-stick coatings business to privately-owned, U.S.-based company Whitford Worldwide. The deal involves AkzoNobel’s global cookware and bakeware activit… Read More »
Published February 11, 2009
Industrial Nanotech
expands to Germany
Industrial Nanotech is continuing its expansion of manufacturing locations for their Nansulate coatings and will begin producing the products in Germany in the first quarter of 2009. This brings the total numbe… Read More »
By Kerry Pianoforte
Published February 2, 2009
Tough economic conditions and a trend toward using composite materials in place of wood, mean another challenging year for wood coating manufacturers. Read More »
Published January 12, 2009
Sartomer americas
announces restructuring
Sartomer Company is restructuring its Americas division. The restructure reflects the growth and independence of the European and Asian operations, which have functionally been supported by the Americas group… Read More »
Published January 12, 2009
AkzoNobel has submitted its list of substances in compliance with the European Union’s REACH legislation. The company completed the process ahead of the Dec.1 cut-off date and has pre-registered approximately 6,000 substances following the intr… Read More »
Published January 12, 2009
Tikkurila to acquire
a sales company in Slovakia
Tikkurila will strengthen its position in Eastern Europe by acquiring the sales company Finncolor Slovakia s.r.o. operating in Martin, Slovakia. Tikkurila will purchase 100% of the company’s sha… Read More »
Published January 12, 2009
Henkel closes four
adhesives plants in Europe
Henkel is streamlining its expanded adhesives production and is to close four adhesives plants in Europe, following a major purchase. The integration of National Starch into the Düsseldorf-based gro… Read More »
Published January 12, 2009
BASF reduces
production worldwide
BASF is temporarily shutting down approximately 80 plants worldwide. In addition, BASF is reducing production at approximately 100 plants. Worldwide, approximately 20,000 employees will be affected by the production… Read More »
Published November 14, 2008
Lanxess to use raw material for energy generation
Lanxess AG is building a cogeneration plant at its Brazilian site in Porto Felize for the combined generation of steam and electricity. The new plant, which will have a capacity of 4.5 MW, will oper… Read More »
Published November 14, 2008
Imerys Acquires Mica Business from Zemex Minerals Group
Imerys has acquired Kings Mountain Minerals Inc. and Suzorite Mining Inc. from Zemex Minerals Group Inc. These companies have two plant sites totaling 100 employees, one located in Kings Mountai… Read More »
Published November 14, 2008
Arkema will open a new 2-ethyl hexyl acrylate production unit at its Carling site in France to keep up with the strong growth of the acrylic esters market. Due to come on stream in the fall of 2009, this 50,000 metric ton production unit will use a n… Read More »
