IHS Chemical Week

Markets :: Specialty Chemicals :: Paints and Coatings

Chemical Industry Weekly News Round-Up, September 3

11:48 AM MDT | September 3, 2010 | Vincent Valk

This Week on CW: Walmart has chosen AkzoNobel to be its main paint supplier. The world's largest paint company will develop a line of interior paints exclusively for the U.S.'s largest retailer. Private equity firm Clayton, Dubilier & Rice purchased a 42.5% stake in Univar in deal valuing the distributor at $4.2 billion. In light of the deal, Univar is shelving plans for an IPO. Brazil fined five industrial gases firms a total of $1.64 billion, alleging that they conspired to form a cartel. The largest fine is going to Praxair's White Martins subsidiary, one...

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