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June 23, 2008
Hempel (Lyngby, Denmark) says it will halt production of marine and protective coatings at its Lyngby, Denmark facility after May 31, 2010, affecting about 123 employees. Hempel cites...
http://www.chemweek.com/markets/specialty_chemicals/paints_and_coatings/Hempel-Exits-Denmark-Paint-Market_12618.html
June 18, 2008
Kemira says it will spin off its Tikkurila coatings business into a public company, and will focus on its water treatment and fibers businesses. The spin off will occur during...
http://www.chemweek.com/markets/specialty_chemicals/paints_and_coatings/Kemira-to-Spin-Off-Coatings-Unit_12530.html
June 17, 2008
Print machinery and service supplier Heidelberger Druckmaschinen (Heidelberg, Germany) says it has agreed to acquire high-performance coatings manufacturer Hi-Tech Coatings (Aylesbury...
http://www.chemweek.com/markets/specialty_chemicals/paints_and_coatings/Heidelberger-Buys-U-K-Paintmaker_12456.html
June 16, 2008
paints and coatings The weak U.S. automotive and housing markets as well as rising energy and raw material costs are hurting small- to mid-size paintmakers, in particular, and are...
http://www.chemweek.com/markets/specialty_chemicals/paints_and_coatings/Demand-to-Remain-Soft-This-Year_12482.html
June 16, 2008
AkzoNobel has agreed to sell its Para and Crown Diamond decorative paints brands in Canada to General Paint (Vancouver, BC). Financial terms of the deal were not disclosed. The...
http://www.chemweek.com/markets/specialty_chemicals/paints_and_coatings/Akzo-to-Sell-Decorative-Paints-in-Canada_12498.html
June 5, 2008
The slowdown in the U.S. housing and automotive industries is hurting many suppliers to the domestic paints and coatings industry, a factor that will result in further industry...
http://www.chemweek.com/markets/specialty_chemicals/paints_and_coatings/Slow-U-S-Economy-Drags-on-Paint-Producers_12302.html
May 27, 2008
PPG Industries says it has signed an investment agreement with the administration of the Kaluga Region, Russia to build a coatings plant near Moscow. The facility, which will be...
http://www.chemweek.com/markets/specialty_chemicals/paints_and_coatings/PPG-to-Build-Automotive-Industrial-Coatings-Plant-in-Russia_12076.html
May 7, 2008
Tikkurila, the paints and coatings subsidiary of Kemira, says it has agreed to sell its 50% stake in the Sto-Tikkurila (Moscow) joint venture to its partner, Sto (Stühlingen...
http://www.chemweek.com/markets/specialty_chemicals/paints_and_coatings/Kemira-Quits-Russian-Paints-JV_11743.html
May 7, 2008
3M says it plans to build a coatings manufacturing facility at Tuas, Singapore. The company expects construction to begin in the second quarter with completion slated for 2009. The...
http://www.chemweek.com/markets/specialty_chemicals/paints_and_coatings/3M-Plans-Coatings-Plant-in-Singapore_11758.html
May 7, 2008
AkzoNobel reported first-quarter net income from continuing operations down 4%, to €136 million ($210 million), excluding €151 million in charges mostly related to its ICI...
http://www.chemweek.com/markets/specialty_chemicals/paints_and_coatings/AkzoNobels-Earnings-Fall-on-Soft-U-S-Decorative-Coatings-Market_11817.html
April 28, 2008
Legal arguments in an appeal seeking to overturn a public nuisance verdict against three former makers of lead-based paint will be broadcast on the Web, the Associated Press reported...
http://www.chemweek.com/markets/specialty_chemicals/paints_and_coatings/Arguments-in-Lead-Paint-Case-to-be-Aired-on-the-Web_11635.html
April 22, 2008
Dow Chemical says the recent formation of a market-facing business unit for its $2.5-billion coatings business will enable above-market growth in the $40-billion/year coatings sector...
http://www.chemweek.com/markets/specialty_chemicals/paints_and_coatings/Dow-Targets-Bigger-Slice-of-Coatings-Pie_11470.html
April 18, 2008
Mondi Group (Vienna), a packaging and business paper producer, says it has acquired BSK Materials (Kent, U.K.), an extrusion coating company. BSK Materials employs a workforce of 90...
http://www.chemweek.com/markets/specialty_chemicals/paints_and_coatings/Mondi-Group-Purchases-Extrusion-Coating-Firm_11473.html
April 16, 2008
The jv, with Tasnee Sahara Olefins, will produce 250,000 m.t./year of acrylic acid and related esters in Jubail, Saudi Arabia, beginning in 2011....
http://www.chemweek.com/markets/specialty_chemicals/paints_and_coatings/Rohm-and-Haas-Plans-Acrylic-Acid-JV-in-Saudi-Arabia-_11399.html
April 8, 2008
DuPont says it has developed a shorter-chain alternative chemistry to C8-based fluorotelomers, which scientists say can degrade into perfluorooctanoic acid (PFOA) in the body and the...
http://www.chemweek.com/markets/specialty_chemicals/paints_and_coatings/DuPont-Rolls-Out-C8-Free-Coating_11225.html
April 1, 2008
DSM Desotech (Elgin, IL), a unit of DSM, says it has acquired ultraviolet (UV)-curable coating producer Polymeric Processes (Houston), for an undisclosed sum. The deal...
http://www.chemweek.com/markets/specialty_chemicals/paints_and_coatings/DSM-Buys-UV-Curable-Coating-Manufacturer_11139.html
April 1, 2008
Cloverdale Paint (Surrey, BC) says it has acquired privately held Guertin Coatings Sealants and Polymers (Winnipeg, MB), for an undisclosed sum. Guertin Coatings produces and...
http://www.chemweek.com/markets/specialty_chemicals/paints_and_coatings/Cloverdale-Paint-Inks-Industrial-Coatings-Deal_11140.html
March 18, 2008
Hangzhou Baihe Clariant Pigments (Hangzhou, China), a joint venture between Clariant and Zhejiang Baihe Chemical Holding Group (Hangzhou), says it will build a new quinacridone...
http://www.chemweek.com/markets/specialty_chemicals/paints_and_coatings/Clariant-JV-Plans-New-Pigment-Plant_10884.html
March 18, 2008
Several paintmakers have invested in India in the last year via new expansions and entries into the market. The most recent activity includes Jotun Group’s opening of its first...
http://www.chemweek.com/markets/specialty_chemicals/paints_and_coatings/Round-of-Fresh-Paint-Investments-in-India_10936.html
March 18, 2008
Jotun Group says it has opened its first paints and coatings manufacturing facility at Pune, India. The $25-million facility will have capacity of 50 million liters/year of wet paint...
http://www.chemweek.com/markets/specialty_chemicals/paints_and_coatings/Jotun-Opens-First-Plant-in-India_10915.html
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