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August 5, 2013
Rockwood today reported second-quarter net income down 85.6% year-on-year (YOY), to $32.3 million, or 41 cts/share, on net sales up 7.8%, to $822.3 million. Results include $25.5...
http://www.chemweek.com/markets/specialty_chemicals/paints_and_coatings/Rockwood-falls-short-of-estimates-on-weak-TiO2-results_54230.html
August 5, 2013
Momentive Specialty Chemicals (MSC; Columbus, OH) has formed a joint venture with MicroBlend (Gilbert, AZ), a retail and commercial paint systems company, at Cali, Colombia. The new...
http://www.chemweek.com/markets/specialty_chemicals/paints_and_coatings/Momentive-Specialty-forms-Colombian-JV-with-MicroBlend_54227.html
August 1, 2013
BASF today announced plans to expand its capacity for waterborne coatings at the Demarchi coatings site in São Paulo State. The €2-million ($2.6 million) investment will...
http://www.chemweek.com/markets/specialty_chemicals/paints_and_coatings/BASF-hikes-capacity-for-waterborne-coatings-in-Brazil_54152.html
July 30, 2013
BASF is investing about €90 million ($119.4 million) to set up a world-scale production plant at the Shanghai Chemical Industry Park, the company announced today. The new plant...
http://www.chemweek.com/markets/specialty_chemicals/paints_and_coatings/BASF-invests-in-coating-resins-plant-in-Shanghai_54053.html
July 25, 2013
Paints and coatings company Tikkurila (Helsinki) says revenue for the second quarter of 2013 was €208.3 million ($275.3 million), a decrease of 0.4% from the year-ago period...
http://www.chemweek.com/markets/specialty_chemicals/paints_and_coatings/Tikkurila-reports-tepid-demand-but-maintains-good-profitability_53894.html
July 23, 2013
Croda's (Goole, UK) second-quarter profit before tax stood at £68 million ($89.5 million), up 6.1% on the same period the year before, the company announced today. Ebit was also...
http://www.chemweek.com/markets/specialty_chemicals/paints_and_coatings/Croda-posts-6-1-percent-increase-in-second-quarter-profits_53830.html
July 22, 2013
PPG today reported second-quarter net income up 14.8% year-on-year (YOY), to $341 million, on sales up 16%, to $4.1 billion. Adjusted earnings—which exclude acquisition...
http://www.chemweek.com/markets/specialty_chemicals/paints_and_coatings/PPG-earnings-rise-on-strong-industrial-coatings-results_53740.html
July 22, 2013
RPM today reported fiscal fourth-quarter net income down 20.8% year-on-year (YOY), to $65.4 million, on sales up 6.3%, to $1.17 billion. Excluding $42.7 million in special charges...
http://www.chemweek.com/markets/specialty_chemicals/paints_and_coatings/RPM-beats-estimates-on-higher-sales_53817.html
July 22, 2013
PPG Industries has inaugurated a facility at its Tianjin, China, site for the production of heavy-duty equipment coatings, the company has announced. With annual capacity of about...
http://www.chemweek.com/markets/specialty_chemicals/paints_and_coatings/PPG-opens-coatings-facility-in-China_53800.html
July 18, 2013
Sherwin-Williams (SW) says that Mexico’s competition commission has voted three to two against authorizing the company’s $2.34-billion acquisition of Comex, which was...
http://www.chemweek.com/markets/specialty_chemicals/paints_and_coatings/Mexican-authorities-oppose-Sherwin-Williams-acquisition_53743.html
July 18, 2013
Sherwin-Williams (SW) today reported second-quarter net income of $257.3 million, up 12.9% year-on-year (YOY), on consolidated net sales of $2.71 billion, up 5.5%, as volumes rose...
http://www.chemweek.com/markets/specialty_chemicals/paints_and_coatings/Sherwin-Williams-earnings-rise-but-fall-short-of-estimates_53742.html
July 16, 2013
Michelman (Cincinnati) has acquired Ecronova Polymer (Recklinghausen, Germany), a manufacturer of water-based polymers used in the production of paints and lacquers. Financial terms...
http://www.chemweek.com/markets/specialty_chemicals/paints_and_coatings/Michelman-acquires-water-based-polymer-firm-in-Germany_53673.html
July 4, 2013
Green Biologics (Abingdon, UK), an industrial biotechnology company, and Easy Energy Systems (Welcome, MN), a producer of cellulosic ethanol from waste paper, have entered into an...
http://www.chemweek.com/markets/specialty_chemicals/paints_and_coatings/Green-Biologics-Easy-Energy-Systems-to-produce-biobased-n-butanol-and-acetone_53385.html
June 28, 2013
OSHA announced this week a National Emphasis Program (NEP) to protect workers from the serious health effects of occupational exposure to isocyanates. OSHA, through the NEP, ...
http://www.chemweek.com/markets/specialty_chemicals/paints_and_coatings/OSHA-launches-program-to-protect-workers-from-health-effects-of-exposure-to-isocyanates_53201.html
June 27, 2013
Omnova’s fiscal second-quarter net income declined 58.6% year-on-year (YOY), to $2.9 million, on sales down 11.9%, to $270.8 million. Adjusted earnings from continuing...
http://www.chemweek.com/markets/specialty_chemicals/paints_and_coatings/Omnova-beats-estimates-despite-net-income-decline_53178.html
June 21, 2013
Rockwood is canceling the auction of its Sachtleben titanium dioxide (TiO2) and performance additives businesses after negotiations with private equity firms failed produce an...
http://www.chemweek.com/markets/specialty_chemicals/paints_and_coatings/Report-Rockwood-canceling-TiO2-sale-spin-off-possible_53049.html
June 21, 2013
Brenntag has opened a laboratory at Querétaro, Mexico to provide extended services in Mexico and Central America for customers in the adhesives, coatings, elastomers, and...
http://www.chemweek.com/markets/specialty_chemicals/paints_and_coatings/Brenntag-opens-R-and-D-lab-in-Mexico_53034.html
June 20, 2013
Omnova’s performance chemicals segment, which includes its specialties businesses, has been reorganized to include three new business groups. The three groups will be oilfield...
http://www.chemweek.com/markets/specialty_chemicals/paints_and_coatings/Omnova-rearranges-performance-chemicals-segment_52989.html
June 20, 2013
Quest Specialty Chemicals (QSC; Charleston, SC) has completed its acquisition of US Chemical & Plastics (Massillon, OH), a maker of automotive refinish products, the...
http://www.chemweek.com/markets/specialty_chemicals/paints_and_coatings/Quest-Specialty-Chemicals-acquires-automotive-refinish-products-maker_52916.html
June 19, 2013
PPG Industries has been awarded $1 million by the Department of Defense's strategic environmental research and development program to help develop nonisocyanate liquid coatings that...
http://www.chemweek.com/markets/specialty_chemicals/paints_and_coatings/PPG-awarded-funding-to-develop-isocyanate-free-coatings_52912.html
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