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Industry Analysis - Business Operation


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Published September 12, 2008
DuPont has announced its quarterly financial results. The Coatings & Color Technologies business unit reported a ten percent sales in­crease to $1.9 billion. Higher selling prices in all businesses and volume growth in emerging markets more t… Read More »
Published September 12, 2008
Tikkurila’s revenue in the second quarter rose by nine percent to €205.7 million ($188.7). Sales development was high in most markets both in decorative paints and industrial coatings. The slowdown in new construction and the decrease in s… Read More »
Published September 12, 2008
Valspar has reported its results for the third-quarter ended July 25, 2008. Third-quarter sales totaled $957.7 million, a 7.2% increase from the third quarter of 2007. Net income for the third quarter was $47 million. In 2007, third-quarter net incom… Read More »
Published September 12, 2008
PPG’s Performance Coatings segment sales in the second quarter 2008 increased $295 million, or 30%, versus the prior year's quarter, primarily as a result of the acquisitions of Sigma­Kalon's protective and marine coatings business… Read More »
Published August 11, 2008
U.S. Solvents demand to reach 11.8 billion pounds in 2012 Demand for chemical solvents will rise less than one percent per year to 11.8 billion pounds in 2012. Gains will continue to lag the overall economy, as manufacturers of coatings, printing ink… Read More »
Published August 11, 2008
Gelest doubles production capacity Gelest Inc. recently completed the final phase of a multi-year project to double the capacity of its Morrisville, PA headquarters and product plant. The expansion was necessitated by the increased demand for speci… Read More »
Published August 11, 2008
SCG-Dow Group breaks ground on Propylene oxide plant The SCG-Dow Group, a joint venture between Dow and The Siam Cement Group (SCG), has broken ground on a propylene oxide (PO) facility in Thailand. The world-scale plant, located within the Asia Ind… Read More »
Published August 11, 2008
Rockwood Holdings to Acquire Holliday Pigments Rockwood Holdings, Inc. has reached an agreement with Yule Catto and Co. plc to purchase Holliday Pigments, a global manufacturer of technical grade ultramarine and manganese violet pigments. The purch… Read More »
Published August 11, 2008
Atlas To move lab to chicago Atlas Material Testing Technology is constructing a new weathering Center of Excellence at Atlas world headquarters in Chicago, IL. In addition, Atlas’ accelerated weathering laboratory in Miami will be relocated t… Read More »
Published August 11, 2008
Evonik Industries AG’s coatings and additives business unit is reorganizing its colorants business to position itself to compete in the international market. Under the new model, market responsibility will be exercised in the future at the loca… Read More »
Published August 11, 2008
California Paints Launches New Online Color Center California Paints has launched its Online Color Center, a set of media-rich online color tools that enable customers and design professionals to interactively create unique and personalized paint co… Read More »
Published July 16, 2008
Lanxess Corp. has enacted a number of initiatives to improve waste and energy conservation at its Orange, TX manufacturing plant. One initiative is to recycle solvent from two different waste streams at the Orange plant. The waste will be shipped to… Read More »
Published July 16, 2008
Jotun breaks ground on new factory in Korea Jotun has expanded its operations in Korea due to the growing market there with a new factory. The old paint factory in Yangsan is already producing twice as much as it is meant to be, and cannot bear the… Read More »
Published July 16, 2008
Jotun to open 15 retail outlets in India The Jotun Group will be opening three retail outlets in Kozhikode region of North Kerala in India. These will be located at Kozhikode, Payyannur and Perienthalmanna. Jotun currently has eight retail outlets in… Read More »
Published July 16, 2008
BASF expands in South Africa BASF Coatings Services (Pty) Ltd. is set to take over the business of MAB Auto Body Parts and Paint Centre Ltd. in Johannesburg, South Africa. MAB sales activities related to automotive refinish products, non-paint produc… Read More »
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