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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 »
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 »
Wood Coatings Market
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 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 »
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