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    [primary_issue_slug] => 2017-04-01
    [author_name] => {"name":" Charles W. Thurston ","title":"Latin America Correspondent"}
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    [title] => Brazil’s Petrobras Sells Total Rights for $2.2 Billion
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    [slug] => brazils-petrobras-sells-total-rights-for-22-billion
    [body] => Brazil’s state oil company Petrobras has sold substantial development rights to France’s Total for $2.2 billion, following production doldrums in Brazil over the past year as oil prices have declined. Since Petrobras is the largest national consumer of paints and coatings in the country, the financial infusion is expected to accelerate the planned Petrobras refocus on maintenance, along with core growth strategies.

In early March, Reuters reported that, “Petrobras plans to increase oil platform maintenance shutdowns through June, taking advantage of low prices and low demand to fix and upgrade equipment. Production of oil and natural gas in Brazil by Petrobras fell 7.1 percent in January from December, primarily because of maintenance.”

“Increasing industrial activities in oil & gas and marine segments, especially for subsea drilling machinery, as well as presence of a large number of oil reserves is expected to fuel demand for high-performance anti-corrosion coatings, especially in Brazil,” analysts at Transparency Market Research said.

Brazil also constitutes the largest share of the high-performance anti-corrosion coatings market in Latin America; the region “is likely to witness steadfast growth rate” reaching $18 billion by 2023, according to Transparency Market Research. Last year, Brazil imported $133 million worth of coatings overall, according to the national coatings manufacturers’ association, Abrafati.

Established marine coatings manufacturers in Brazil, like AkzoNobel, which has a facility in Sao Goncalo, in Rio de Janeiro state, are expected to tighten their relationships with Petrobras during this enhanced maintenance period. Akzo recently announced a new training program for technicians in various cities in the country.

One recent full-service foreign contract for $120 million was signed with Aker Solutions, which will provide maintenance and other services for subsea facilities at offshore oil and gas fields operated by Petrobras in Brazil. The three-year contract, which can also be extended by another three years, will cover maintenance, storage, supply of parts, as well as technical assistance for all subsea equipment delivered by Aker Solutions to Petrobras.

Petrobras total annual sales are over $100 billion, according to a recent company presentation. The company operates 18 refineries, a fleet of 181 ships – of which 55 are owned, close to 15,000 kilometers of gas and oil pipelines, and over 8,000 gas stations.

In 2015, Petrobras purchased some $34 billion in goods and services. Petrobras maintains about 12,000 contracts with 16,800 suppliers, the company estimates. For the acquisition of corrosion control and other coatings, Petrobras has altered its purchasing system to end decentralized budgets. Petrobras this year has restructured to centralize all its purchases and contracts under an Executive Management Division called Suprimentos de Bens e Serviços-SBS (Goods and Services Supply).

As part of the Total deal, Petrobras said it will transfer 22.5 percent of the rights for the lara concession and 35 percent of the rights for the Lapa field, as well as 50 percent interest in two cogeneration plants at a regasification terminal in Bahia.

The Total agreement also will include joint oil and gas development with Petrobras outside of Brazil.  [views] => 0 [published] => 1 [status] => 3 [priority] => 0 [publish_date] => 2017-03-31 14:58:00 [updated_at] => 2017-03-24 15:03:46 [last_updated_author] => 142098 [uploaded_by] => 142069 [user_role_id] => 0 [custom_fields] => [] [custom_fields_old] => [splitcontent] => 1 [content_url] => [related_content_ids] => ["249452","249195","241347","235772","247735","244388","241197","238651","247559","242351","235747","237889","239341","246548","245535","242340"] [is_show_company_name] => [created_at] => 2019-04-09 04:36:23 [contentType] => ContentType Object ( [className] => ContentType [content] => Array ( ) [taxonomy] => Array ( ) [listURL] => [logoUrl] => https: [id] => 2550 [pageNumber] => [offset] => [totalPages] => [last_query] => [last_sql] => [show_errors] => 1 [databaseServer] => Array ( [key] => master [host] => 172.24.16.232 [user] => rodpub_beta [pass] => MvQQzhse92k58yA [db] => rodpub_beta ) [tableName] => content_types [tag] => Latin America Reports [short_tag] => latin_america [class_name] => [display_view] => [list_view] => [slug] => latin-america-reports [box_view] => [ignore_flag] => 0 [image_id] => 0 [layout_id] => 0 [formattedTag] => Latin America Reports ) [viewURL] => /issues/2017-04-01/view_latin-america-reports/brazils-petrobras-sells-total-rights-for-22-billion/ [relatedArticles] => Array ( [0] => Content Object ( [className] => Content [contentLinks] => Array ( ) [belongsTo] => [contentIssue] => [id] => 235747 [pageNumber] => [offset] => [totalPages] => [last_query] => [last_sql] => [show_errors] => 1 [databaseServer] => Array ( [key] => master [host] => 172.24.16.232 [user] => rodpub_beta [pass] => MvQQzhse92k58yA [db] => rodpub_beta ) [tableName] => contents [content_type_id] => 2487 [resource_id] => 0 [author_id] => 0 [primary_issue_slug] => [author_name] => {"name":"","title":""} [magazine_id] => 5 [layout_id] => 0 [primary_image] => 0 [primary_image_old] => [slider_image_id] => [banner_image] => 0 [title] => Anti-Corrosion Coatings Market Worth $20.2 Billion by 2025 [short_title] => [summary] => [slug] => anti-corrosion-coatings-market-worth-202-billion-by-2025 [body] => Anti-Corrosion Coatings Market size is expected to reach USD 20.21 billion by 2025; according to a new research report by Global Market Insights, Inc.

Increasing energy demand is analyzed to be the key factor propelling global anti-corrosion coatings market size. These coatings find widespread application in the energy sector including oil & gas, nuclear, biomass, hydro, solar and coal, as it protects the equipment used from extreme climatic circumstances. For example, solar power, an upcoming market in the energy sector is also affected by the ambient air moisture. These coatings have been popular solutions to this weathering effect to protect the expensive equipment Additionally, the global population is estimated to surpass approximately 9 billion by 2040, which will stimulate clean energy demand, ultimately thrusting industry growth.

The global construction industry was valued at over USD 8 trillion in 2015 and may reach USD 16 trillion by 2025, with estimated gains more than 7%. With technology innovation, the industry is witnessing escalating demand for metal-based structures, such as walls and prefabricated washrooms, in both commercial and residential constructions owing to boost industry growth. Along with structural strength, it also offers value added aesthetic appearance to the overall structure.

Oil & gas industry is noteworthy demand contributor, with substantial product use across equipments including drill bits, drill pipes and oil storage tanks, as these equipment’s are exposed to underground water and marshy land. In 2010, oil & gas equipment business was valued at over USD130 billion, anticipated to surpass USD 278 billion over the forecast timeframe. Robust industry growth will positively influence anti-corrosion coating market share. In addition, increasing energy production demand via shale gas, tar sands, oil shale and oil stands will complement business growth.

Ethylene, benzene, toluene and naphthalene, are major raw materials for the industry and follow crude oil supply dynamics, which influence anti-corrosion coatings price trends. The industry is also directed by strict legislations towards VOC ingredients owing to hamper growth. Nevertheless, rising water based anti corrosive coatings demand will generate new growth avenues.
  [views] => 0 [published] => 1 [status] => 3 [priority] => 0 [publish_date] => 2016-12-12 14:15:00 [updated_at] => 2016-12-12 14:16:10 [last_updated_author] => 147600 [uploaded_by] => 147600 [user_role_id] => 0 [custom_fields] => [] [custom_fields_old] => [splitcontent] => 1 [content_url] => [related_content_ids] => ["235164","247065","246404","242615","235748","240585","245190","242493","241450","235392","242340"] [is_show_company_name] => [created_at] => 2019-04-09 04:36:23 ) [1] => Content Object ( [className] => Content [contentLinks] => Array ( ) [belongsTo] => [contentIssue] => [id] => 235772 [pageNumber] => [offset] => [totalPages] => [last_query] => [last_sql] => [show_errors] => 1 [databaseServer] => Array ( [key] => master [host] => 172.24.16.232 [user] => rodpub_beta [pass] => MvQQzhse92k58yA [db] => rodpub_beta ) [tableName] => contents [content_type_id] => 2487 [resource_id] => 0 [author_id] => 0 [primary_issue_slug] => [author_name] => {"name":"","title":""} [magazine_id] => 5 [layout_id] => 0 [primary_image] => 0 [primary_image_old] => [slider_image_id] => [banner_image] => 0 [title] => AkzoNobel Announces Repurchase of Shares to Neutralize Stock Dividends Paid in 2016 [short_title] => [summary] => [slug] => akzonobel-announces-repurchase-of-shares-to-neutralize-stock-dividends-paid-in-2016 [body] => AkzoNobel will repurchase up to 2.5 million ordinary shares, which, based on the closing price of AkzoNobel shares on December 12, 2016, would be equivalent to approximately €150 million.

The purpose of the program is to neutralize the dilutive effect of stock dividends paid in 2016. Subject to shareholder approval it is intended the shares will be cancelled during the course of 2017. AkzoNobel has engaged a third party to manage the program and execute the transactions on its behalf.  This share repurchase program will start on January 2, 2017 and is anticipated to be concluded by the end of April 2017.

In accordance with regulations, AkzoNobel will inform the market about the progress made in the execution of this program through weekly updates at www.akzonobel.com/for-investors/shares/share-buyback-overview.  [views] => 0 [published] => 1 [status] => 3 [priority] => 0 [publish_date] => 2016-12-13 08:06:00 [updated_at] => 2016-12-13 08:12:25 [last_updated_author] => 147600 [uploaded_by] => 147600 [user_role_id] => 0 [custom_fields] => [] [custom_fields_old] => [splitcontent] => 1 [content_url] => [related_content_ids] => ["249452","249195","241347","247735","244388","241197","238651","247559","242351","241222","241405","244785","243521","237964","237531","239644","245185","242233","237124"] [is_show_company_name] => [created_at] => 2019-04-09 04:36:23 ) [2] => Content Object ( [className] => Content [contentLinks] => Array ( ) [belongsTo] => [contentIssue] => [id] => 237889 [pageNumber] => [offset] => [totalPages] => [last_query] => [last_sql] => [show_errors] => 1 [databaseServer] => Array ( [key] => master [host] => 172.24.16.232 [user] => rodpub_beta [pass] => MvQQzhse92k58yA [db] => rodpub_beta ) [tableName] => contents [content_type_id] => 2487 [resource_id] => 0 [author_id] => 0 [primary_issue_slug] => [author_name] => {"name":"","title":""} [magazine_id] => 5 [layout_id] => 0 [primary_image] => 0 [primary_image_old] => [slider_image_id] => [banner_image] => 0 [title] => 3M Issues Statement on Passing of Livio D. "Desi" DeSimone, Former Chairman and CEO [short_title] => [summary] => [slug] => 3m-issues-statement-on-passing-of-livio-d-desi-desimone-former-chairman-and-ceo [body] => 3M issued the following statement from Inge G. Thulin, 3M chairman, president and chief executive officer, on the passing of Livio D. “Desi” DeSimone, former 3M chairman and chief executive officer, on Jan. 17, 2017.

“Desi was a bold leader who courageously guided 3M through the turbulent economic decade of the 1990s. During his tenure as chairman and CEO, he strengthened 3M’s portfolio through his actions including the spinoff of the imaging systems business. He made long-term investments in core technology platforms, such as microreplication, that today are used broadly across our enterprise. Desi was a champion of the environment and demonstrated an unwavering commitment to sustainable business practices for 3M and the community.”

Mr. DeSimone was 3M’s chairman of the board and chief executive officer from 1991 to 2001, and served on 3M’s board of directors from 1986 to 2001. Throughout his 43-year 3M career, Desi held executive positions for most of 3M’s business sectors as well serving as area vice president, Latin America, and managing director, 3M Brazil. He joined the company as a process engineer and held multiple technical positions in Canada, United States, Australia and Brazil.

A native of Montreal, Canada, Mr. DeSimone held a degree in chemical engineering from McGill University. [views] => 0 [published] => 1 [status] => 3 [priority] => 0 [publish_date] => 2017-01-20 10:42:00 [updated_at] => 2017-01-20 10:43:45 [last_updated_author] => 147600 [uploaded_by] => 147600 [user_role_id] => 0 [custom_fields] => [] [custom_fields_old] => [splitcontent] => 1 [content_url] => [related_content_ids] => ["245025","246119","243300","249048","241553","241141","240032","245762","249378","235616","235941","245138","247469"] [is_show_company_name] => [created_at] => 2019-04-09 04:36:23 ) [3] => Content Object ( [className] => Content [contentLinks] => Array ( ) [belongsTo] => [contentIssue] => [id] => 238651 [pageNumber] => [offset] => [totalPages] => [last_query] => [last_sql] => [show_errors] => 1 [databaseServer] => Array ( [key] => master [host] => 172.24.16.232 [user] => rodpub_beta [pass] => MvQQzhse92k58yA [db] => rodpub_beta ) [tableName] => contents [content_type_id] => 2487 [resource_id] => 0 [author_id] => 0 [primary_issue_slug] => 2017-06-01 [author_name] => {"name":"","title":""} [magazine_id] => 5 [layout_id] => 0 [primary_image] => 0 [primary_image_old] => [slider_image_id] => [banner_image] => 0 [title] => AkzoNobel & Partners Develop DroneTechnology to Make Marine Industry Safer [short_title] => [summary] => [slug] => akzonobel-partners-develop-dronetechnology-to-make-marine-industry-safer [body] => Safety in the marine industry is set to be improved after AkzoNobel, oil and gas tanker operator Barrier Group and DroneOps joined forces to develop a drone capable of remotely inspecting enclosed spaces and ballast water tanks.

The project will use advanced virtual reality technology to deliver safer, more accurate evaluations of ballast water tanks, offshore wind farms and other enclosed or difficult to access spaces on ships and marine structures, including inspections of coatings and corrosion.

Traditionally, inspections are carried out by crew, surveyors or independent inspectors - a potentially risky activity which represents one of the most common causes of work-related fatalities in the industry.

"Surveys of enclosed spaces and ballast water tanks are an essential part of routine maintenance and are increasingly critical for ship owners," explained Michael Hindmarsh, Business Development Manager at AkzoNobel's Marine Coatings business.

"Inspecting these areas thoroughly can require working at height, entering confined spaces and negotiating slippery surfaces that could be poorly lit, all of which are high-risk activities that the maritime industry is keen to address."

By replacing human inspections with a drone, routine maintenance can be monitored remotely and in real time by office-based staff, with instant feedback available to the vessel or offshore structure's superintendent. This in turn will reduce costs, increase efficiency and significantly reduce risk to human life during essential maintenance.

The partnership itself offers a complete overview of the issues and challenges associated with enclosed space inspections. These include coatings expertise and consultancy, drone building, ownership of marine structures, and an in-depth working knowledge of current repair and inspection practices.  Additional coatings expertise will be provided by Safinah Ltd, a leading coatings consultancy.

AkzoNobel is already using innovative drone technology. The company is currently testing the use of drones in Australia for inspecting sites in remote locations where access is limited and the movement of heavy equipment is difficult.

As the new project progresses, the drone will undergo flight trials at AkzoNobel's UK-based coatings test site and Barrier Group's indoor training facility. The drone's completion and launch is planned for October 2017. [views] => 0 [published] => 1 [status] => 3 [priority] => 0 [publish_date] => 2017-01-31 11:41:00 [updated_at] => 2017-06-05 13:52:33 [last_updated_author] => 142069 [uploaded_by] => 142069 [user_role_id] => 0 [custom_fields] => [] [custom_fields_old] => [splitcontent] => 1 [content_url] => [related_content_ids] => ["194678","194775","194868","194985","194997","203321","233251","194063","195512","196052","196204","196437","238133","245393","194828","194997","195222"] [is_show_company_name] => [created_at] => 2019-04-09 04:36:23 ) [4] => Content Object ( [className] => Content [contentLinks] => Array ( ) [belongsTo] => [contentIssue] => [id] => 239341 [pageNumber] => [offset] => [totalPages] => [last_query] => [last_sql] => [show_errors] => 1 [databaseServer] => Array ( [key] => master [host] => 172.24.16.232 [user] => rodpub_beta [pass] => MvQQzhse92k58yA [db] => rodpub_beta ) [tableName] => contents [content_type_id] => 2550 [resource_id] => 0 [author_id] => 0 [primary_issue_slug] => 2017-02-01 [author_name] => {"name":"Charles W. Thurston","title":"Latin America Correspondent"} [magazine_id] => 5 [layout_id] => 0 [primary_image] => 141953 [primary_image_old] => [slider_image_id] => 141953 [banner_image] => 0 [title] => Versaflex Expands in South American Polyurea Coatings [short_title] => [summary] => [slug] => versaflex-expands-in-south-american-polyurea-coatings [body] => Kansas City-based Versaflex has expanded its footprint in South America through a co-marketing agreement with São Paulo-based Renner Coatings that will result in a new polyurea coating line brand, RenFlex, now being prepared for distribution.

While the largest market for the joint venture’s polyurea coatings will be Brazil, Renner’s existing manufacturing capacity in Chile will add that country as a top target. Bolivia, Peru and other countries in the region are expected to be added soon, according to Fernando Costa, the business manager for Versaflex South America.

“Without a doubt, the polyurea market in South America will grow. One of the reasons for this growth is the maturing nature of the markets in countries like Brazil, Chile and Peru, where the technology is no longer seen merely as a concrete waterproofing agente. In these markets it is also now seen as a coating for protecting metals, for offshore platform use, for mining and for other applications,” said Costa.

“We are selling more despite the clouds of crisis circling here, as industries are seeking solutions that are more durable, more efficient and more effective. The quest for a reduction in cost is not resulting in cuts in maintenance, rather in a reduction of the amount of maintenance that is necessary, which is one result of the polyurea technology,” Costa added. “Another reason for growth in the market, and especially in Brazil, is the new norm ABNT 16545:2016 that defines the uses for polyurea and expected results.”

“And last but not least, what will also make polyurea technology grow is the number of Polyurea University qualified and certified applicators on the South American continent that has increased dramatically.  Over the past two years, the number qualified has risen from only four to 22. With the VersaFlex & Renner partnership, in addition to technical support and local stock, the qualification of applicators will be intensified, with local training sessions in Brazil and Chile, which will be given by our director of education and development, Mr. Dudley Primeaux II, the world’s largest expert on polyurea technology,” Costa explained.

“The mining market in Chile is undoubtedly one of the most important for us in South America. I will go further and say that the mining market of South America is one of the most important global markets for polyurea technology. However, we will also focus on the oil and gas, chemical, agriculture, pulp and paper industries, along with basic infrastructure such as water and wastewater not only in Chile and Brazil, but also in Bolivia, where we are close to partnering for local distribution, and in other South American countries where we hope to establish partnerships soon,” noted Costa.

Brazil in particular has high import taxes for paints and coatings, which encourages many international companies to manufacture locally. “VersaFlex is not closing the door to any opportunity, but at the moment we still think it is premature to go ahead with a plan to expand our production in South America,” Costa concluded.   [views] => 0 [published] => 1 [status] => 3 [priority] => 0 [publish_date] => 2017-02-13 12:14:00 [updated_at] => 2017-02-08 12:16:49 [last_updated_author] => 142098 [uploaded_by] => 142069 [user_role_id] => 0 [custom_fields] => [] [custom_fields_old] => [splitcontent] => 1 [content_url] => [related_content_ids] => ["242840","236465","248109","239292","238901","248891","238662","248910","237570","241232","245811","235247"] [is_show_company_name] => [created_at] => 2019-04-09 04:36:23 ) ) [relatedContent] => Array ( [0] => Content Object ( [className] => Content [contentLinks] => Array ( ) [belongsTo] => [contentIssue] => [id] => 235747 [pageNumber] => [offset] => [totalPages] => [last_query] => [last_sql] => [show_errors] => 1 [databaseServer] => Array ( [key] => master [host] => 172.24.16.232 [user] => rodpub_beta [pass] => MvQQzhse92k58yA [db] => rodpub_beta ) [tableName] => contents [content_type_id] => 2487 [resource_id] => 0 [author_id] => 0 [primary_issue_slug] => [author_name] => {"name":"","title":""} [magazine_id] => 5 [layout_id] => 0 [primary_image] => 0 [primary_image_old] => [slider_image_id] => [banner_image] => 0 [title] => Anti-Corrosion Coatings Market Worth $20.2 Billion by 2025 [short_title] => [summary] => [slug] => anti-corrosion-coatings-market-worth-202-billion-by-2025 [body] => Anti-Corrosion Coatings Market size is expected to reach USD 20.21 billion by 2025; according to a new research report by Global Market Insights, Inc.

Increasing energy demand is analyzed to be the key factor propelling global anti-corrosion coatings market size. These coatings find widespread application in the energy sector including oil & gas, nuclear, biomass, hydro, solar and coal, as it protects the equipment used from extreme climatic circumstances. For example, solar power, an upcoming market in the energy sector is also affected by the ambient air moisture. These coatings have been popular solutions to this weathering effect to protect the expensive equipment Additionally, the global population is estimated to surpass approximately 9 billion by 2040, which will stimulate clean energy demand, ultimately thrusting industry growth.

The global construction industry was valued at over USD 8 trillion in 2015 and may reach USD 16 trillion by 2025, with estimated gains more than 7%. With technology innovation, the industry is witnessing escalating demand for metal-based structures, such as walls and prefabricated washrooms, in both commercial and residential constructions owing to boost industry growth. Along with structural strength, it also offers value added aesthetic appearance to the overall structure.

Oil & gas industry is noteworthy demand contributor, with substantial product use across equipments including drill bits, drill pipes and oil storage tanks, as these equipment’s are exposed to underground water and marshy land. In 2010, oil & gas equipment business was valued at over USD130 billion, anticipated to surpass USD 278 billion over the forecast timeframe. Robust industry growth will positively influence anti-corrosion coating market share. In addition, increasing energy production demand via shale gas, tar sands, oil shale and oil stands will complement business growth.

Ethylene, benzene, toluene and naphthalene, are major raw materials for the industry and follow crude oil supply dynamics, which influence anti-corrosion coatings price trends. The industry is also directed by strict legislations towards VOC ingredients owing to hamper growth. Nevertheless, rising water based anti corrosive coatings demand will generate new growth avenues.
  [views] => 0 [published] => 1 [status] => 3 [priority] => 0 [publish_date] => 2016-12-12 14:15:00 [updated_at] => 2016-12-12 14:16:10 [last_updated_author] => 147600 [uploaded_by] => 147600 [user_role_id] => 0 [custom_fields] => [] [custom_fields_old] => [splitcontent] => 1 [content_url] => [related_content_ids] => ["235164","247065","246404","242615","235748","240585","245190","242493","241450","235392","242340"] [is_show_company_name] => [created_at] => 2019-04-09 04:36:23 ) [1] => Content Object ( [className] => Content [contentLinks] => Array ( ) [belongsTo] => [contentIssue] => [id] => 235772 [pageNumber] => [offset] => [totalPages] => [last_query] => [last_sql] => [show_errors] => 1 [databaseServer] => Array ( [key] => master [host] => 172.24.16.232 [user] => rodpub_beta [pass] => MvQQzhse92k58yA [db] => rodpub_beta ) [tableName] => contents [content_type_id] => 2487 [resource_id] => 0 [author_id] => 0 [primary_issue_slug] => [author_name] => {"name":"","title":""} [magazine_id] => 5 [layout_id] => 0 [primary_image] => 0 [primary_image_old] => [slider_image_id] => [banner_image] => 0 [title] => AkzoNobel Announces Repurchase of Shares to Neutralize Stock Dividends Paid in 2016 [short_title] => [summary] => [slug] => akzonobel-announces-repurchase-of-shares-to-neutralize-stock-dividends-paid-in-2016 [body] => AkzoNobel will repurchase up to 2.5 million ordinary shares, which, based on the closing price of AkzoNobel shares on December 12, 2016, would be equivalent to approximately €150 million.

The purpose of the program is to neutralize the dilutive effect of stock dividends paid in 2016. Subject to shareholder approval it is intended the shares will be cancelled during the course of 2017. AkzoNobel has engaged a third party to manage the program and execute the transactions on its behalf.  This share repurchase program will start on January 2, 2017 and is anticipated to be concluded by the end of April 2017.

In accordance with regulations, AkzoNobel will inform the market about the progress made in the execution of this program through weekly updates at www.akzonobel.com/for-investors/shares/share-buyback-overview.  [views] => 0 [published] => 1 [status] => 3 [priority] => 0 [publish_date] => 2016-12-13 08:06:00 [updated_at] => 2016-12-13 08:12:25 [last_updated_author] => 147600 [uploaded_by] => 147600 [user_role_id] => 0 [custom_fields] => [] [custom_fields_old] => [splitcontent] => 1 [content_url] => [related_content_ids] => ["249452","249195","241347","247735","244388","241197","238651","247559","242351","241222","241405","244785","243521","237964","237531","239644","245185","242233","237124"] [is_show_company_name] => [created_at] => 2019-04-09 04:36:23 ) [2] => Content Object ( [className] => Content [contentLinks] => Array ( ) [belongsTo] => [contentIssue] => [id] => 237889 [pageNumber] => [offset] => [totalPages] => [last_query] => [last_sql] => [show_errors] => 1 [databaseServer] => Array ( [key] => master [host] => 172.24.16.232 [user] => rodpub_beta [pass] => MvQQzhse92k58yA [db] => rodpub_beta ) [tableName] => contents [content_type_id] => 2487 [resource_id] => 0 [author_id] => 0 [primary_issue_slug] => [author_name] => {"name":"","title":""} [magazine_id] => 5 [layout_id] => 0 [primary_image] => 0 [primary_image_old] => [slider_image_id] => [banner_image] => 0 [title] => 3M Issues Statement on Passing of Livio D. "Desi" DeSimone, Former Chairman and CEO [short_title] => [summary] => [slug] => 3m-issues-statement-on-passing-of-livio-d-desi-desimone-former-chairman-and-ceo [body] => 3M issued the following statement from Inge G. Thulin, 3M chairman, president and chief executive officer, on the passing of Livio D. “Desi” DeSimone, former 3M chairman and chief executive officer, on Jan. 17, 2017.

“Desi was a bold leader who courageously guided 3M through the turbulent economic decade of the 1990s. During his tenure as chairman and CEO, he strengthened 3M’s portfolio through his actions including the spinoff of the imaging systems business. He made long-term investments in core technology platforms, such as microreplication, that today are used broadly across our enterprise. Desi was a champion of the environment and demonstrated an unwavering commitment to sustainable business practices for 3M and the community.”

Mr. DeSimone was 3M’s chairman of the board and chief executive officer from 1991 to 2001, and served on 3M’s board of directors from 1986 to 2001. Throughout his 43-year 3M career, Desi held executive positions for most of 3M’s business sectors as well serving as area vice president, Latin America, and managing director, 3M Brazil. He joined the company as a process engineer and held multiple technical positions in Canada, United States, Australia and Brazil.

A native of Montreal, Canada, Mr. DeSimone held a degree in chemical engineering from McGill University. [views] => 0 [published] => 1 [status] => 3 [priority] => 0 [publish_date] => 2017-01-20 10:42:00 [updated_at] => 2017-01-20 10:43:45 [last_updated_author] => 147600 [uploaded_by] => 147600 [user_role_id] => 0 [custom_fields] => [] [custom_fields_old] => [splitcontent] => 1 [content_url] => [related_content_ids] => ["245025","246119","243300","249048","241553","241141","240032","245762","249378","235616","235941","245138","247469"] [is_show_company_name] => [created_at] => 2019-04-09 04:36:23 ) [3] => Content Object ( [className] => Content [contentLinks] => Array ( ) [belongsTo] => [contentIssue] => [id] => 238651 [pageNumber] => [offset] => [totalPages] => [last_query] => [last_sql] => [show_errors] => 1 [databaseServer] => Array ( [key] => master [host] => 172.24.16.232 [user] => rodpub_beta [pass] => MvQQzhse92k58yA [db] => rodpub_beta ) [tableName] => contents [content_type_id] => 2487 [resource_id] => 0 [author_id] => 0 [primary_issue_slug] => 2017-06-01 [author_name] => {"name":"","title":""} [magazine_id] => 5 [layout_id] => 0 [primary_image] => 0 [primary_image_old] => [slider_image_id] => [banner_image] => 0 [title] => AkzoNobel & Partners Develop DroneTechnology to Make Marine Industry Safer [short_title] => [summary] => [slug] => akzonobel-partners-develop-dronetechnology-to-make-marine-industry-safer [body] => Safety in the marine industry is set to be improved after AkzoNobel, oil and gas tanker operator Barrier Group and DroneOps joined forces to develop a drone capable of remotely inspecting enclosed spaces and ballast water tanks.

The project will use advanced virtual reality technology to deliver safer, more accurate evaluations of ballast water tanks, offshore wind farms and other enclosed or difficult to access spaces on ships and marine structures, including inspections of coatings and corrosion.

Traditionally, inspections are carried out by crew, surveyors or independent inspectors - a potentially risky activity which represents one of the most common causes of work-related fatalities in the industry.

"Surveys of enclosed spaces and ballast water tanks are an essential part of routine maintenance and are increasingly critical for ship owners," explained Michael Hindmarsh, Business Development Manager at AkzoNobel's Marine Coatings business.

"Inspecting these areas thoroughly can require working at height, entering confined spaces and negotiating slippery surfaces that could be poorly lit, all of which are high-risk activities that the maritime industry is keen to address."

By replacing human inspections with a drone, routine maintenance can be monitored remotely and in real time by office-based staff, with instant feedback available to the vessel or offshore structure's superintendent. This in turn will reduce costs, increase efficiency and significantly reduce risk to human life during essential maintenance.

The partnership itself offers a complete overview of the issues and challenges associated with enclosed space inspections. These include coatings expertise and consultancy, drone building, ownership of marine structures, and an in-depth working knowledge of current repair and inspection practices.  Additional coatings expertise will be provided by Safinah Ltd, a leading coatings consultancy.

AkzoNobel is already using innovative drone technology. The company is currently testing the use of drones in Australia for inspecting sites in remote locations where access is limited and the movement of heavy equipment is difficult.

As the new project progresses, the drone will undergo flight trials at AkzoNobel's UK-based coatings test site and Barrier Group's indoor training facility. The drone's completion and launch is planned for October 2017. [views] => 0 [published] => 1 [status] => 3 [priority] => 0 [publish_date] => 2017-01-31 11:41:00 [updated_at] => 2017-06-05 13:52:33 [last_updated_author] => 142069 [uploaded_by] => 142069 [user_role_id] => 0 [custom_fields] => [] [custom_fields_old] => [splitcontent] => 1 [content_url] => [related_content_ids] => ["194678","194775","194868","194985","194997","203321","233251","194063","195512","196052","196204","196437","238133","245393","194828","194997","195222"] [is_show_company_name] => [created_at] => 2019-04-09 04:36:23 ) [4] => Content Object ( [className] => Content [contentLinks] => Array ( ) [belongsTo] => [contentIssue] => [id] => 239341 [pageNumber] => [offset] => [totalPages] => [last_query] => [last_sql] => [show_errors] => 1 [databaseServer] => Array ( [key] => master [host] => 172.24.16.232 [user] => rodpub_beta [pass] => MvQQzhse92k58yA [db] => rodpub_beta ) [tableName] => contents [content_type_id] => 2550 [resource_id] => 0 [author_id] => 0 [primary_issue_slug] => 2017-02-01 [author_name] => {"name":"Charles W. Thurston","title":"Latin America Correspondent"} [magazine_id] => 5 [layout_id] => 0 [primary_image] => 141953 [primary_image_old] => [slider_image_id] => 141953 [banner_image] => 0 [title] => Versaflex Expands in South American Polyurea Coatings [short_title] => [summary] => [slug] => versaflex-expands-in-south-american-polyurea-coatings [body] => Kansas City-based Versaflex has expanded its footprint in South America through a co-marketing agreement with São Paulo-based Renner Coatings that will result in a new polyurea coating line brand, RenFlex, now being prepared for distribution.

While the largest market for the joint venture’s polyurea coatings will be Brazil, Renner’s existing manufacturing capacity in Chile will add that country as a top target. Bolivia, Peru and other countries in the region are expected to be added soon, according to Fernando Costa, the business manager for Versaflex South America.

“Without a doubt, the polyurea market in South America will grow. One of the reasons for this growth is the maturing nature of the markets in countries like Brazil, Chile and Peru, where the technology is no longer seen merely as a concrete waterproofing agente. In these markets it is also now seen as a coating for protecting metals, for offshore platform use, for mining and for other applications,” said Costa.

“We are selling more despite the clouds of crisis circling here, as industries are seeking solutions that are more durable, more efficient and more effective. The quest for a reduction in cost is not resulting in cuts in maintenance, rather in a reduction of the amount of maintenance that is necessary, which is one result of the polyurea technology,” Costa added. “Another reason for growth in the market, and especially in Brazil, is the new norm ABNT 16545:2016 that defines the uses for polyurea and expected results.”

“And last but not least, what will also make polyurea technology grow is the number of Polyurea University qualified and certified applicators on the South American continent that has increased dramatically.  Over the past two years, the number qualified has risen from only four to 22. With the VersaFlex & Renner partnership, in addition to technical support and local stock, the qualification of applicators will be intensified, with local training sessions in Brazil and Chile, which will be given by our director of education and development, Mr. Dudley Primeaux II, the world’s largest expert on polyurea technology,” Costa explained.

“The mining market in Chile is undoubtedly one of the most important for us in South America. I will go further and say that the mining market of South America is one of the most important global markets for polyurea technology. However, we will also focus on the oil and gas, chemical, agriculture, pulp and paper industries, along with basic infrastructure such as water and wastewater not only in Chile and Brazil, but also in Bolivia, where we are close to partnering for local distribution, and in other South American countries where we hope to establish partnerships soon,” noted Costa.

Brazil in particular has high import taxes for paints and coatings, which encourages many international companies to manufacture locally. “VersaFlex is not closing the door to any opportunity, but at the moment we still think it is premature to go ahead with a plan to expand our production in South America,” Costa concluded.   [views] => 0 [published] => 1 [status] => 3 [priority] => 0 [publish_date] => 2017-02-13 12:14:00 [updated_at] => 2017-02-08 12:16:49 [last_updated_author] => 142098 [uploaded_by] => 142069 [user_role_id] => 0 [custom_fields] => [] [custom_fields_old] => [splitcontent] => 1 [content_url] => [related_content_ids] => ["242840","236465","248109","239292","238901","248891","238662","248910","237570","241232","245811","235247"] [is_show_company_name] => [created_at] => 2019-04-09 04:36:23 ) ) [relatedSearches] => Array ( [0] => Taxonomy Object ( [className] => Taxonomy [id] => 56576 [pageNumber] => [offset] => [totalPages] => [last_query] => [last_sql] => [show_errors] => 1 [databaseServer] => Array ( [key] => master [host] => 172.24.16.232 [user] => rodpub_beta [pass] => MvQQzhse92k58yA [db] => rodpub_beta ) [tableName] => taxonomy [taxonomy_tag] => coatings ) [1] => Taxonomy Object ( [className] => Taxonomy [id] => 56575 [pageNumber] => [offset] => [totalPages] => [last_query] => [last_sql] => [show_errors] => 1 [databaseServer] => Array ( [key] => master [host] => 172.24.16.232 [user] => rodpub_beta [pass] => MvQQzhse92k58yA [db] => rodpub_beta ) [tableName] => taxonomy [taxonomy_tag] => paints ) [2] => Taxonomy Object ( [className] => Taxonomy [id] => 56044 [pageNumber] => [offset] => [totalPages] => [last_query] => [last_sql] => [show_errors] => 1 [databaseServer] => Array ( [key] => master [host] => 172.24.16.232 [user] => rodpub_beta [pass] => MvQQzhse92k58yA [db] => rodpub_beta ) [tableName] => taxonomy [taxonomy_tag] => industrial ) [3] => Taxonomy Object ( [className] => Taxonomy [id] => 54555 [pageNumber] => [offset] => [totalPages] => [last_query] => [last_sql] => [show_errors] => 1 [databaseServer] => Array ( [key] => master [host] => 172.24.16.232 [user] => rodpub_beta [pass] => MvQQzhse92k58yA [db] => rodpub_beta ) [tableName] => taxonomy [taxonomy_tag] => akzonobel ) ) [contentTaxonomy_knowledge-center] => Array ( ) [formattedTitle] => Brazil’s Petrobras Sells Total Rights For $2.2 Billion [taxonomy_keywords] => Array ( [0] => Taxonomy Object ( [className] => Taxonomy [id] => 54555 [pageNumber] => [offset] => [totalPages] => [last_query] => [last_sql] => [show_errors] => 1 [databaseServer] => Array ( [key] => master [host] => 172.24.16.232 [user] => rodpub_beta [pass] => MvQQzhse92k58yA [db] => rodpub_beta ) [tableName] => taxonomy [tag] => akzonobel [slug] => akzonobel [child_of] => 54554 ) [1] => Taxonomy Object ( [className] => Taxonomy [id] => 56044 [pageNumber] => [offset] => [totalPages] => [last_query] => [last_sql] => [show_errors] => 1 [databaseServer] => Array ( [key] => master [host] => 172.24.16.232 [user] => rodpub_beta [pass] => MvQQzhse92k58yA [db] => rodpub_beta ) [tableName] => taxonomy [tag] => industrial [slug] => industrial [child_of] => 54554 ) [2] => Taxonomy Object ( [className] => Taxonomy [id] => 56575 [pageNumber] => [offset] => [totalPages] => [last_query] => [last_sql] => [show_errors] => 1 [databaseServer] => Array ( [key] => master [host] => 172.24.16.232 [user] => rodpub_beta [pass] => MvQQzhse92k58yA [db] => rodpub_beta ) [tableName] => taxonomy [tag] => paints [slug] => paints [child_of] => 54554 ) [3] => Taxonomy Object ( [className] => Taxonomy [id] => 56576 [pageNumber] => [offset] => [totalPages] => [last_query] => [last_sql] => [show_errors] => 1 [databaseServer] => Array ( [key] => master [host] => 172.24.16.232 [user] => rodpub_beta [pass] => MvQQzhse92k58yA [db] => rodpub_beta ) [tableName] => taxonomy [tag] => coatings [slug] => coatings [child_of] => 54554 ) ) )