10.05.2012
AkzoNobel has reached an agreement to supply coatings for the roof of Brazil's famous Maracanã Stadium - which will host a major soccer final in 2014. The contract was secured via a dedicated team which offers complete coatings solutions for large infrastructure projects around the world.
In addition, AkzoNobel has also secured a contract to paint the mezzanine of the Grêmio Arena located in Porto Alegre. Financial details of the two contracts were not disclosed.
more18.04.2012
As auto companies and their suppliers met in suburban Detroit to discuss options amid a shortage of a key resin that threatens global auto production, owners of the German chemical plant where an explosion led to the shortage said it will be at least three months before it can return to normal production.
more17.04.2012
Opportunities And Challenges - India offers many opportunities for the chemical industry. With rising urban and rural incomes, consumption has gone up, leading to greater demand. Since the chemical industry caters to nearly every end-use industry, it is well positioned to grow further. However, to generate profitable growth, the Indian chemical industry needs to have a thorough understanding of the economic framework, resources and market structures.
more15.02.2012
Chemical maker DuPont has started the auction of its car paint business, which could bring in more than $4 billion and has drawn early interest from a number of private equity firms, according to sources familiar with the matter.
DuPont's adviser on the deal, Credit Suisse Group, has sent out financial materials related to the unit to potentially interested parties, the sources said.
more09.12.2011
Adjusting Accordingly - There is a growing public and political concern for the environmental impact and safety of paint and other building materials. In France, legislation has been recently approved to label all indoor paint and construction products according to their level of emission. As a result, manufacturers of materials such as paints and coatings are looking to adjust their portfolios and production accordingly.
more06.12.2011
AkzoNobel has completed its acquisition of the coatings business of Korean SSCP. SSCP has a strong position in the Korean mobile phone market and also supplies coatings to the wider consumer electronics industry.
more22.11.2011
Univar has expanded its European partnership with Dow Corning Europe to include distribution of its coatings product range in Switzerland. Univar has been distributing Dow Corning's full range in most Western European countries for more than 20 years.
more18.10.2011
AkzoNobel has completed its acquisition of more than 95% of the shares of coatings manufacturer Schramm Holding.
more04.10.2011
Clariant said it is selling its polysilazane coatings business including the production site in India to AZ Electronic Materials (AZ) for approximately €4 million.
more05.08.2011
PPG Industries said Thursday that it and its subsidiary, PPG Colombia, have entered into an agreement to purchase the coatings businesses of Colpisa Colombiana de Pinturas, a privately-owned Colombian coatings company, and its affiliates, including Colpisa Ecuador.
Financial terms of the deal were not disclosed. The deal is expected to close no later than the end of the first quarter 2012.
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