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April 15, 2013
PPG Industries has completed the $1.05-billion purchase of AkzoNobel’s North American architectural coatings business. The acquired business had 2012 sales of €1.19 billion...
http://www.chemweek.com/markets/specialty_chemicals/paints_and_coatings/PPG-completes-AkzoNobel-decorative-coatings-acquisition_51140.html
April 15, 2013
Cytec has closed the $1.15-billion sale of its coating resins business to private equity firm Advent International (New York). The deal, which was announced in October, completed a...
http://www.chemweek.com/markets/specialty_chemicals/paints_and_coatings/Cytec-closes-sale-of-coating-resins-business-to-private-equity-firm_51117.html
April 15, 2013
PPG has acquired Deft (Irvine, CA), a maker of aerospace coatings, including structural primers and military topcoats, the company says. Financial details of the deal, including...
http://www.chemweek.com/markets/specialty_chemicals/paints_and_coatings/PPG-acquires-maker-of-aerospace-coatings_51123.html
April 15, 2013
Solvay and AkzoNobel have established a partnership to increase the use of biobased solvents in AkzoNobel’s paints. The agreement covers oxygenated solvents, specifically...
http://www.chemweek.com/markets/specialty_chemicals/paints_and_coatings/Solvay-Akzo-biosolvents-deal_51091.html
April 11, 2013
PPG has acquired Deft (Irvine, CA), a maker of aerospace coatings, including structural primers and military topcoats, the company says. Financial details of the deal, including...
http://www.chemweek.com/markets/specialty_chemicals/paints_and_coatings/PPG-acquires-aerospace-coatings-maker_51076.html
April 4, 2013
RPM’s fiscal third-quarter net income rose 30.8% year-on-year (YOY), to $8.7 million, on sales up 9.1%, to $843.7 million. Earnings totaled 7 cts/share, beating analysts’...
http://www.chemweek.com/markets/specialty_chemicals/paints_and_coatings/RPM-earnings-rise-segment-results-hit-by-contract-investigation_50949.html
April 3, 2013
Cytec has closed the $1.15-billion sale of its coating resins business to private equity Advent International (New York). The deal, which was announced in October, completed a...
http://www.chemweek.com/markets/specialty_chemicals/paints_and_coatings/Cytec-closes-coating-resins-sale_50923.html
March 25, 2013
Reverdia, a joint venture between DSM and Roquette Frères (Lestrem, France), has signed an agreement with Helm (Hamburg) for the European distribution and joint market...
http://www.chemweek.com/markets/specialty_chemicals/paints_and_coatings/Reverdia-and-Helm-sign-distribution-agreement-for-biobased-succinic-acid_50714.html
March 22, 2013
Altana's (Wesel, Germany) net income increased almost 5% during 2012, to €155 million ($203 million) from €148 million the year before, the company reported today. Ebitda and...
http://www.chemweek.com/markets/specialty_chemicals/paints_and_coatings/Altanas-2012-net-income-up-5-percent_50696.html
March 19, 2013
Nexeo Solutions (The Woodlands, TX) has signed an exclusive distribution agreement with Arkema Coating Resins, a business unit of Arkema, to distribute acrylic and styrene acrylic...
http://www.chemweek.com/markets/specialty_chemicals/paints_and_coatings/Nexeo-signs-North-America-distribution-agreement-for-Arkema-floor-resins_50611.html
March 15, 2013
Solvay and AkzoNobel have joined forces to develop and use biosolvents for use in the manufacturing of AkzoNobel paints, and coatings, Solvay announced. The agreement concerns widely...
http://www.chemweek.com/markets/specialty_chemicals/paints_and_coatings/Solvay-and-AkzoNobel-partner-to-develop-and-use-bio-solvents_50558.html
March 6, 2013
Ems Group (Herrliberg, Switzerland) has completed the takeover of the automotive supply business in Central and Eastern Europe (CEE) of Eftec (Zlin, Czech Republic), a 50-50 joint...
http://www.chemweek.com/markets/specialty_chemicals/paints_and_coatings/Ems-takes-control-of-Eftec-automotive-supply-business_50276.html
March 1, 2013
Arkema is betting strongly on the Asian and North American markets, focusing its investments on the high-performance materials and coating solutions areas, to remain on track toward...
http://www.chemweek.com/markets/specialty_chemicals/paints_and_coatings/Arkema-bets-on-Asian-North-American-markets-on-track-with-2016-road-map_50187.html
February 26, 2013
Croda reports an increase of 5.1% in operating profit during the fourth quarter of 2012, to £61.9 million ($81.75 million). Sales rose by 2.2%, to £240.1 million, over the...
http://www.chemweek.com/markets/specialty_chemicals/paints_and_coatings/Crodas-fourth-quarter-profit-rises-to-5-1-percent-despite-European-economic-backdrop_50071.html
February 26, 2013
Elementis (London) generated $107.1 million in net profit during 2012, a drop of almost 14% on 2011, the company reported today. The company's operating profit nevertheless grew 5%...
http://www.chemweek.com/markets/specialty_chemicals/paints_and_coatings/Elementiss-profit-drops-14-percent-despite-stable-sales_50063.html
February 19, 2013
Rockwood’s fourth-quarter earnings declined 66% year-on-year (YOY), to $21.2 million, or 26 cts/share, on sales up 1.8%, to $829 million. Earnings for the 2012 fourth-quarter...
http://www.chemweek.com/markets/specialty_chemicals/paints_and_coatings/Rockwood-earnings-fall-on-weak-TiO2-additives-results_49942.html
February 15, 2013
Tikkurila (Vantaa, Finland), a paints and coatings company, reported a net loss of €4.6 million ($6.2 million) in the fourth quarter of 2012 compared with a loss of €5...
http://www.chemweek.com/markets/specialty_chemicals/paints_and_coatings/Tikkurilas-quarterly-net-loss-unchanged_49904.html
February 14, 2013
Brenntag has expanded its service portfolio for the coating and construction industry at its technical center in Budapest with the opening of an applications laboratory. The new...
http://www.chemweek.com/markets/specialty_chemicals/paints_and_coatings/Brenntag-opens-coatings-lab-in-Hungary_49817.html
February 12, 2013
Valspar’s net income for the first quarter of fiscal 2013 declined 1.4% year-on-year (YOY), to $55 million, or 60 cts/share, the company says. Earnings fell short of...
http://www.chemweek.com/markets/specialty_chemicals/paints_and_coatings/Valspar-sees-earnings-drop-cuts-full-year-guidance_49768.html
February 11, 2013
The European Commission says it approved, on 7 February, the acquisition of the coating resins business (CRB) of Cytec Industries by private equity firm Advent International (New...
http://www.chemweek.com/markets/specialty_chemicals/paints_and_coatings/European-Commission-approves-acquisition-by-Advent-of-Cytecs-coating-resins-business_49738.html
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