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Archives :: Markets :: Specialty Chemicals :: Paints and Coatings
Displaying 141 - 160 of 422 stories.
December 22, 2011
Valspar (Minneapolis, MN) says it has opened a new research and development (R&D) center at Shunde, China. The Valspar Applied Science and Technology Center will employ over 200...http://www.chemweek.com/markets/specialty_chemicals/paints_and_coatings/Valspar-Opens-R-and-D-Center-in-China_39987.html December 21, 2011
Omya (Oftringen, Switzerland) and United Chemicals Inter Aneka (Jakarta) have announced an official agreement to form a joint venture in Indonesia. The companies' stakes in the jv were...http://www.chemweek.com/markets/specialty_chemicals/paints_and_coatings/Omya-Forms-a-Joint-Venture-in-Indonesia_39947.html December 14, 2011
Omnova Solutions has sold parts of its commercial wallcovering business to J. Josephson (South Hackensack, NJ), a privately-held wallcovering firm, for $10 million in cash plus royalty...http://www.chemweek.com/markets/specialty_chemicals/paints_and_coatings/Omnova-Sells-Commercial-Wallcovering-Assets_39782.html December 12, 2011
3M says it has entered into a five-year commercialization agreement with metal and protective film distributor Shale-Inland (Schiller Park, IL) to develop protective and decorative...http://www.chemweek.com/markets/specialty_chemicals/paints_and_coatings/3M-Partners-with-Shale-Inland-on-Decorative-Films-Project_39695.html December 8, 2011
Honeywell has purchased Evonik’s polyethylene (PE) wax technology portfolio, including patents, the company says. The PE waxes have a number of uses in applications such as...http://www.chemweek.com/markets/specialty_chemicals/paints_and_coatings/Honeywell-Buys-PE-Wax-Portfolio-from-Evonik_39494.html December 6, 2011
Momentive Specialty Chemicals says it has filed suit against Hebei Shield Excellence Technology (Bazhou, China) alleging Hebei infringed upon Momentive’s glycidyl ...http://www.chemweek.com/markets/specialty_chemicals/paints_and_coatings/Momentive-Files-Suit-Against-Chinese-Manufacturer-Over-Glycidyl-Ester-Monomer-Production-Technology_39525.html December 2, 2011
AkzoNobel says it has completed the previously announced acquisition of the coatings business of SSCP (Seongnam, Korea). SSCP has a strong position in the Korean mobile phone market...http://www.chemweek.com/markets/specialty_chemicals/paints_and_coatings/AkzoNobel-Completes-Acquisition-of-Coatings-Business-of-Korean-Firm_39459.html November 24, 2011
Paints and coatings company Tikkurila (Vantaa, Finland) has announced a group-wide restructuring that will result in up to 100 job cuts. Jobs will be lost across all of Tikkurila's...http://www.chemweek.com/markets/specialty_chemicals/paints_and_coatings/Tikkurila-Plans-Job-Cuts_39340.html November 22, 2011
Valspar fell to a net loss of $295.7 million for the fiscal fourth-quarter, or $3.18/share, on a $410-million goodwill impairment charge related its 2000 acquisition of Lilly...http://www.chemweek.com/markets/specialty_chemicals/paints_and_coatings/Valspar-Swings-to-Loss-on-Housing-Related-Charge_39242.html November 11, 2011
The U.S. market for paints and coatings is growing at an annual rate of 7.8% and is due to be worth $26.2 billion in 2015, according to a study by The Freedonia Group (Cleveland, OH)...http://www.chemweek.com/markets/specialty_chemicals/paints_and_coatings/U-S-Demand-for-Paints-and-Coatings-to-Exceed-$26-Billion-in-2015_38994.html November 8, 2011
Evonik says it has today opened its first research and development (R&D) center for additives for paints and coatings in Asia, at Singapore. A single-digit million US dollar amount...http://www.chemweek.com/markets/specialty_chemicals/paints_and_coatings/Evonik-Opens-R-and-D-Center-in-Singapore_38914.html November 3, 2011
DuPont is considering a sale of its automotive coatings unit, financial sources say. The business could be worth as much as $4 billion in sale, according to a report in Bloomberg...http://www.chemweek.com/markets/specialty_chemicals/paints_and_coatings/DuPont-Considering-Automotive-Coatings-Sale_38841.html October 28, 2011
Earnings season dominated news in specialty chemicals this week. Higher prices helped drive up third-quarter earnings in paints and coatings, despite some end market weakness and...http://www.chemweek.com/markets/specialty_chemicals/paints_and_coatings/Specialties-Snapshot-Oct-24-28_38697.html October 27, 2011
AkzoNobel says it will invest about €60 million ($84 million) to increase the production capacity of its automotive and aerospace coatings business in China, to meet rising...http://www.chemweek.com/markets/specialty_chemicals/paints_and_coatings/AkzoNobel-to-Build-Coatings-Plant-in-China_38592.html October 25, 2011
Chairman and CEO Christopher Connor says he expects fourth quarter sales to be 6%-10% above the prior-year quarter. He reaffirmed the company’s full-year guidance of $4.65-$4.85/share, excluding an IRS settlement charge related to Sherwin-Williams’ employee stock ownership plan....http://www.chemweek.com/markets/specialty_chemicals/paints_and_coatings/Shewin-Williams-Profits-Beat-Estimates_38528.html October 20, 2011
PPG Industries says third-quarter sales volumes were flat year-on-year, but higher prices pushed profit higher. The company reported net income of $311 million ($1.96/share) for the quarter ended September 30, 19% higher than the year-ago quarter. Analysts expected the company to post earnings of $1.92/share, as reported by Thomson Reuters (New York). Sales increased 9%, to $3.8 billion....http://www.chemweek.com/markets/specialty_chemicals/paints_and_coatings/PPG-Posts-Profit-Gain-on-Higher-Prices_38432.html October 6, 2011
ICL Performance Products (St. Louis), a subsidiary of Israel Chemical Limited (ICL), says it has acquired Halox (Hammond, IN). Financial terms were not disclosed. Halox produces...http://www.chemweek.com/markets/specialty_chemicals/paints_and_coatings/ICL-Acquires-Corrosion-Inhibitor-Firm_38003.html October 6, 2011
BASF says it plans to sell its Relius Coatings decorative paints business and subsidiaries in France and the Netherlands in “the near term.” Relius reported sales of...http://www.chemweek.com/markets/specialty_chemicals/paints_and_coatings/BASF-Plans-to-Sell-its-European-Decorative-Paints-Unit_38069.html October 6, 2011
Altana has agreed to acquire Avery Dennison’s metalure aluminum pigments business for an undisclosed sum. The deal includes a production plant at Avery’s Schererville, IN...http://www.chemweek.com/markets/specialty_chemicals/paints_and_coatings/Altana-Buys-Avery-Dennisons-Aluminum-Pigments_38067.html September 19, 2011
Dow Chemical says it has increased crude acrylic acid capacity by 25% at its Böhlen, Germany facility through debottlenecking and "reliability initiatives." Acrylic...http://www.chemweek.com/markets/specialty_chemicals/paints_and_coatings/Dow-Increases-Acrylic-Acid-Capacity-at-Bohlen_37673.html |
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