IHS Chemical Week

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

Displaying 261 - 280 of 537 stories.
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
September 7, 2011
BASF says it has formed a catalytic surface coatings company with Quantiam Technologies, an Edmonton, Alberta-based manufacturer of advanced materials for extreme and critical-use...
http://www.chemweek.com/markets/specialty_chemicals/paints_and_coatings/BASF-Signs-Catalytic-Surface-Coatings-Deal_37419.html
August 31, 2011
Dow Chemical says it has debottlenecked its glycidyl methacrylate (GMA) operations at Freeport, TX facility, increasing capacity by 10%. Dow says it is the global leader in GMA, a...
http://www.chemweek.com/markets/specialty_chemicals/paints_and_coatings/Dow-Adds-to-GMA-Production-Capacity_37296.html
August 31, 2011
Paints firm Jotun AS will rebuff a $933 million bid for majority control from industrial conglomerate Orkla (Oslo), according to Bloomberg (New York) reports. Orkla, which already...
http://www.chemweek.com/markets/specialty_chemicals/paints_and_coatings/Jotun-Will-Block-Orkla-Bid-for-Majority-Control_37297.html
August 4, 2011
PPG Industries says its subsidiary, PPG Colombia, has agreed to acquire the coatings business of Colpisa Colombiana de Pinturas (Colpsia; Medellin, Colombia) and its affiliates...
http://www.chemweek.com/markets/specialty_chemicals/paints_and_coatings/PPG-Acquires-Colombian-Coatings-Maker_36707.html
July 22, 2011
AkzoNobel today reported Ebitda for the second quarter down 10% compared with the period one year earlier, to €614 million ($870 million) on corresponding sales up 5%, to €4.1 billion. The company says the drop in financial performance reflects a 20% increase in raw material costs, challenging business conditions, and one-off factors including several prolonged, large site maintenance stoppages....
http://www.chemweek.com/markets/specialty_chemicals/paints_and_coatings/AkzoNobel-Posts-10-percent-Ebitda-Decline-Citing-Raw-Material-Inflation-Challenging-Market_36285.html
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