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Archives :: Markets :: Specialty Chemicals :: Paints and Coatings

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August 16, 2012
BASF says it has agreed to sell its decorative paints business, Relius Coatings in Germany and Relius France to Prosol Lacke + Farben (Aschaffenburg, Germany). The business includes...
http://www.chemweek.com/markets/specialty_chemicals/paints_and_coatings/BASF-Sells-Decorative-Paints-Business-in-Germany-and-France-to-Prosol_45658.html
August 15, 2012
Valspar has reported fiscal third-quarter net income of $86 million, up 28% from the year-ago quarter, on sales up 1%, to $1.1 billion. Adjusted net income, excluding 5 cts/share in...
http://www.chemweek.com/markets/specialty_chemicals/paints_and_coatings/Valspar-Earnings-Rise_45653.html
August 14, 2012
BASF announced today that BASF Shanghai Coatings, a joint venture between BASF and Shanghai Coatings, will build a new base-coat plant, which will serve the automotive market, at...
http://www.chemweek.com/markets/specialty_chemicals/paints_and_coatings/BASF-Builds-Automotive-Coatings-Plant-at-Shanghai_45600.html
August 13, 2012
Elementis Specialties (East Windsor, NJ) plans to lease 2.5 acres of land and 48,000 square feet of building space at Bayer’s site in New Martinsville, WV. This Elementis...
http://www.chemweek.com/markets/specialty_chemicals/paints_and_coatings/Elementis-to-Lease-Land-at-Bayer-WV-Site_45573.html
August 7, 2012
Private equity firm Carlyle Group (New York) is the leading bidder in the auction for DuPont’s automotive coatings business, according to a Reuters report. The report says that...
http://www.chemweek.com/markets/specialty_chemicals/paints_and_coatings/Report-Carlyle-Likely-Winner-in-DuPont-Automotive-Coatings-Bidding_45492.html
August 7, 2012
Momentive Specialty Chemicals reported a second-quarter net income of $28 million, down 56% year-on-year (YOY), on sales down 7%, to $1.3 billion. Income fell due to volume...
http://www.chemweek.com/markets/specialty_chemicals/paints_and_coatings/Momentive-Specialty-Chemicals-Income-Plummets_45478.html
August 2, 2012
Tikkurila (Vantaa, Finland), a paints and coatings company, says net profits in the second quarter of 2012 increased 35.2%, to €23 million ($28 million) compared with...
http://www.chemweek.com/markets/specialty_chemicals/paints_and_coatings/Tikkurila-Reports-Increased-Net-Profits-Reiterates-2012-Outlook_45362.html
August 1, 2012
Rockwood Holdings reported second-quarter net income of $225 million—more than double the net income of $95 million in the year-ago period. However, the net income figure...
http://www.chemweek.com/markets/specialty_chemicals/paints_and_coatings/Rockwood-Beats-Estimates-Net-Income-Soars-on-Tax-Benefit_45327.html
July 26, 2012
Ferro recorded a second-quarter net loss of $2.8 million, or 3 cts/share, compared with net income of $19.4 million in the year-ago period. Sales fell 19%, to $482 million, on economic...
http://www.chemweek.com/markets/specialty_chemicals/paints_and_coatings/Ferro-Swings-to-Loss-Cuts-Guidance_45224.html
July 26, 2012
Higher volumes and prices in Sherwin-William’s retail stores lifted profits for its fiscal second quarter ahead of estimates, and the company raised its full-year guidance on...
http://www.chemweek.com/markets/specialty_chemicals/paints_and_coatings/Sherwin-Williams-Posts-Higher-Profits-Raises-2012-Guidance_45008.html
July 25, 2012
Easing supply and recent price weakness in titanium dioxide (TiO2) is raising questions about whether the market has hit a short-term correction or whether there is cause of concern...
http://www.chemweek.com/markets/specialty_chemicals/paints_and_coatings/Titanium-Dioxide-Weakness-Sparks-Concern-About-Outlook_45103.html
July 23, 2012
RPM’s fiscal fourth-quarter net income rose 18% year-on-year, to $83 million, on net sales up 12%, to $1.1 billion. Earnings totaled 63 cts/share, beating analysts’...
http://www.chemweek.com/markets/specialty_chemicals/paints_and_coatings/RPM-Net-Income-Rises-18-percent-Beats-Estimates_45112.html
July 20, 2012
This Week on CW: PPG is planning to merge its commodity chemicals business with Georgia Gulf, in a deal worth $2.1 billion. The deal involves $900 million in cash to be paid to PPG...
http://www.chemweek.com/markets/specialty_chemicals/paints_and_coatings/Chemical-Industry-Weekly-News-Round-Up-July-20_45104.html
July 19, 2012
Cytec reported second-quarter net income of $35.7 million, or 76 cts/share up 2% from the year-ago period. Earnings from continuing operations, which exclude the coatings resins...
http://www.chemweek.com/markets/specialty_chemicals/paints_and_coatings/Cytec-Net-Income-Rises-2-percent-Raises-Guidance_45039.html
July 19, 2012
PPG’s second-quarter net income rose 6% year-on-year, to $362 million, or $2.62/share, on sales that were flat at $4 billion. Adjusted earnings, excluding $3 million in charges...
http://www.chemweek.com/markets/specialty_chemicals/paints_and_coatings/PPG-Earnings-Rise-6-percent-Sales-Flat-on-Europe-Weakness_45000.html
July 16, 2012
Arkema’s Coatex subsidiary is buying an additives and emulsions production site at Araçariguama, near São Paulo, Brazil, from Resicryl (São Paulo). The...
http://www.chemweek.com/markets/specialty_chemicals/paints_and_coatings/Arkema-to-Buy-Production-Site-in-Brazil_44895.html
July 12, 2012
PPG Industries announced today that it has received the necessary approvals from Indian authorities to expand its coatings joint venture and to create a second joint venture with Asian...
http://www.chemweek.com/markets/specialty_chemicals/paints_and_coatings/PPG-and-Asian-Paints-Expand-Indian-Paints-Business_44871.html
July 3, 2012
Rockwood Holdings says it will raise prices of synthetic iron oxide pigment products by $120/m.t., effective August 1. The company says the increases are to support its investment to...
http://www.chemweek.com/markets/specialty_chemicals/paints_and_coatings/Rockwood-Increases-Synthetic-Iron-Oxide-Pigment-Prices_44621.html
June 21, 2012
AkzoNobel says construction of a previously announced £100-million ($157 million) decorative paints manufacturing plant will start at a new site at Ashington, U.K. after a...
http://www.chemweek.com/markets/specialty_chemicals/paints_and_coatings/AkzoNobel-Holds-Groundbreaking-Ceremony-for-Paints-Plant-in-the-U-K-_44359.html
June 20, 2012
RPM says it has acquired Brazilian building materials and construction product manufacturer Viapol (Caçapava, Brazil ) for an undisclosed sum. Viapol has annual...
http://www.chemweek.com/markets/specialty_chemicals/paints_and_coatings/RPM-Acquires-Brazilian-Construction-Product-Manufacturer-Viapol_44310.html
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