- Email: [email protected]
Arkema: 1Q 2016 results: key figures
FOCUS create uniform coverage on parts and make it easier to fill in scratches and reduce excessive thickness.
Original Source: Axalta, 2016. Found on SpecialChem Coatings and Inks Formulation, 9 May 2016, (Website: http://www. specialchem4coatings.com) Copyright Axalta 2016
AkzoNobel opens R&D unit in China Dutch group AkzoNobel has opened a technology center as part of a $6.5 bn investment in Shanghai, China (its largest research center in the country). The center will specialize in paints, coatings and new generation chemical products. It is equipped with analytical materials and a test laboratory. It currently employs 150 people but this figure could increase to 200 by 2020. According to Klaas Kruithof (director of AkzoNobel's performances coatings research, development and innovation), the opening of the center marks a new stage in the group's organic growth strategy. In 2015 AkzoNobel invested €347 M in its research and development operations. China accounts for 10-15% of the group's overall investment in research, development and innovation. AkzoNobel employs 7500 + people in China (including 500 in research and development) and made sales of €1.8 bn in 2015. It has 30 production site, 26 of which house research, development and innovation operations.
Original Source: Chimie Pharma Hebdo, 30 May 2016, (762), (Website: http://www. industrie.com/chimie/) (in French) Copyright ETAI Information 2016
Arkema: 1Q 2016 results: key figures Arkema has released its financial results for 1Q 2016. Sales rose 1.2% from €1871 M in 1Q 2015 to €1893 M. EBITDA rose 27.4% from €237 M (12.7% margin) in 1Q 2015 to €302 M (16.0% margin). Adjusted net income rose 63.1% from €65 M (€42/share) in 1Q 2015 to €106 M (€98/share). Net income (group share) rose 59.6% from €0.89 M in 1Q 2015 to €1.42 M.
Original Source: Arkema, 11 May 2016, 2 (Website: http://www.arkema.com/) Copyright Arkema 2016
Arkema: 1Q 2016 results: Coating Solutions For Arkema's Coating Solutions segment, in 1Q 2016, sales fell 12.9% from €496 M in 1Q 2015 to €432 M. EBITDA fell from €53 M in 1Q 2015 to €50 M. EBITDA margin rose from 10.7% in 1Q 2015 to 11.6%.
Original Source: Arkema, 11 May 2016, 3-4 (Website: http://www.arkema.com/) Copyright Arkema 2016
July 2016
ON
POWDER
Asian Paints Limited: financial results for the quarter and year ended 31 Mar 2016 A table shows the standalone and consolidated financial results of Asian Paints Limited for the quarter and year ended 31 Mar 2016. For the standalone audited results for the quarter, total income from operations amounted to Rup 3219.07 crores, an increase from Rup 2886.97 crores in the same quarter of 2015. Total expenses amounted to Rup 2661.15 crores, up from Rup 2441.75 crores. Total net profit for the period amounted to Rup 386.95 crores, an increase from Rup 339.82 crores. For segment-wise revenue, the paints segment recorded revenue of Rup 3205.22 crores. The home improvement segment recorded revenue of Rup 32.61 crores. For the standalone results for the year, total income from operations amounted to Rup 12,645.88 crores, up from Rup 11,648.83 crores in 2015. Total expenses amounted to Rup 10,404.68 crores, an increase from Rup 9861.42 crores. Total net profit for the period amounted to Rup 1597.43 crores, up from Rup 1327.40 crores. For the consolidated unaudited results for the quarter, total income from operations amounted to Rup 3971.28 crores, an increase from Rup 3535.03 crores in the same quarter of 2015. Total expenses amounted to Rup 3342.85 crores, up from Rup 3042.28 crores. Total net profit for the period amounted to Rup 408.75 crores, an increase from Rup 340.97 crores. For the consolidated audited results for the year, total income from operations amounted to Rup 15,534.14 crores, up from Rup 14,182.81 crores in 2015. Total expenses amounted to Rup 13,013.49 crores, an increase from Rup 12,213.32 crores. Total net profit for the period amounted to Rup 1726.21 crores, up from Rup 1395.15 crores. (1 crore = 10 M, 1 lakh = 100,000).
Original Source: Business Standard, 12 May 2016, 20 (192), I.9 (Website: http://www. business-standard.com) Copyright Business Standard Ltd 2016
Akzo Nobel India Limited: financial results for the quarter and year ended 31 Mar 2016 A table shows the extract of financial results of Akzo Nobel India Limited for the quarter and year ended 31 Mar 2016. For the quarter, total income from operations amounted to Rup 6771.6 M, an increase from Rup 5921.6 M in the same quarter of 2015. Net profit for the period after tax (after extraordinary items) amounted to Rup 525.7 M, up from Rup 446.4 M. For the year ended 31 Mar 2016, total income from operations amounted to Rup 27,401.4 M, an increase from Rup 25,269.9 M in 2015. Net profit for the period after tax (after
C OAT I N G S extraordinary items) amounted to Rup 2021.0 M, up from Rup 1863.1 M.
Original Source: Business Standard, 14 May 2016, 3 (41), I.7 (Website: http://www. business-standard.com) Copyright Business Standard Ltd 2016
AkzoNobel 4Q 2016 profit up 18% Paints and coatings producer AkzoNobel's net profit increased by 8% to Rup 202 crore in 2015-2016 from Rup 186 crore in 20142015. On 13 May 2016, the firm's board recommended Rup 20/share of dividend for the year ended 31 Mar 2016, flat from the year ended 31 Mar 2015. The board also recommended Rup 50/share of special dividend. The company's PAT growth was 18% in 4Q 2015-2016 to reach Rup 45 crore. (1 crore = 10 M, 1 lakh = 100,000).
Original Source: Business Line, 14 May 2016, 23 (115), 3 (Website: http://www. thehindubusinessline.com) Copyright The Hindu Business Line 2016
AkzoNobel completes first phase of plant expansion in Indonesia The first stage of the expansion of AkzoNobel's performance coatings facility in Cikarang, Indonesia, has been finished. The _2.5ÝM project will improve the plant's capacity by 40%.
Original Source: PetroChemical News, 23 May 2016, 54 (20), 4 (Website: http://www. petrochemical-news.com) Copyright William F. Bland Co. 2016
Arkema expands relationship in Canada Azelis Canada (Unipex Solutions Canada) will market Arkema's Orgasol product line for the Canadian CASE market. Azelis Canada also sells Sartomer acrylate and methacrylate monomers and oligomers for high-energy-curable applications. Azelis Canada is a firm of Azelis Americas.
Original Source: Paint & Coatings Industry, (PCI), May 2016, 32 (5), 20 (Website: http:// www.pcimag.com) Copyright BNP Media 2016
TECHNOLOGY Evonik’s VESTAMELT copolyamide coating additive shows excellent abrasion resistance A surface with a stone look is made possible with wrinkle coating based on VESTAMELT, a polyamide 12 (PA 12) copolyamide coating additive from Evonik. Be it with a stone or ceramic finish, in sand yellow or
3
Original Source: Axalta, 2016. Found on SpecialChem Coatings and Inks Formulation, 9 May 2016, (Website: http://www. specialchem4coatings.com) Copyright Axalta 2016
AkzoNobel opens R&D unit in China Dutch group AkzoNobel has opened a technology center as part of a $6.5 bn investment in Shanghai, China (its largest research center in the country). The center will specialize in paints, coatings and new generation chemical products. It is equipped with analytical materials and a test laboratory. It currently employs 150 people but this figure could increase to 200 by 2020. According to Klaas Kruithof (director of AkzoNobel's performances coatings research, development and innovation), the opening of the center marks a new stage in the group's organic growth strategy. In 2015 AkzoNobel invested €347 M in its research and development operations. China accounts for 10-15% of the group's overall investment in research, development and innovation. AkzoNobel employs 7500 + people in China (including 500 in research and development) and made sales of €1.8 bn in 2015. It has 30 production site, 26 of which house research, development and innovation operations.
Original Source: Chimie Pharma Hebdo, 30 May 2016, (762), (Website: http://www. industrie.com/chimie/) (in French) Copyright ETAI Information 2016
Arkema: 1Q 2016 results: key figures Arkema has released its financial results for 1Q 2016. Sales rose 1.2% from €1871 M in 1Q 2015 to €1893 M. EBITDA rose 27.4% from €237 M (12.7% margin) in 1Q 2015 to €302 M (16.0% margin). Adjusted net income rose 63.1% from €65 M (€42/share) in 1Q 2015 to €106 M (€98/share). Net income (group share) rose 59.6% from €0.89 M in 1Q 2015 to €1.42 M.
Original Source: Arkema, 11 May 2016, 2 (Website: http://www.arkema.com/) Copyright Arkema 2016
Arkema: 1Q 2016 results: Coating Solutions For Arkema's Coating Solutions segment, in 1Q 2016, sales fell 12.9% from €496 M in 1Q 2015 to €432 M. EBITDA fell from €53 M in 1Q 2015 to €50 M. EBITDA margin rose from 10.7% in 1Q 2015 to 11.6%.
Original Source: Arkema, 11 May 2016, 3-4 (Website: http://www.arkema.com/) Copyright Arkema 2016
July 2016
ON
POWDER
Asian Paints Limited: financial results for the quarter and year ended 31 Mar 2016 A table shows the standalone and consolidated financial results of Asian Paints Limited for the quarter and year ended 31 Mar 2016. For the standalone audited results for the quarter, total income from operations amounted to Rup 3219.07 crores, an increase from Rup 2886.97 crores in the same quarter of 2015. Total expenses amounted to Rup 2661.15 crores, up from Rup 2441.75 crores. Total net profit for the period amounted to Rup 386.95 crores, an increase from Rup 339.82 crores. For segment-wise revenue, the paints segment recorded revenue of Rup 3205.22 crores. The home improvement segment recorded revenue of Rup 32.61 crores. For the standalone results for the year, total income from operations amounted to Rup 12,645.88 crores, up from Rup 11,648.83 crores in 2015. Total expenses amounted to Rup 10,404.68 crores, an increase from Rup 9861.42 crores. Total net profit for the period amounted to Rup 1597.43 crores, up from Rup 1327.40 crores. For the consolidated unaudited results for the quarter, total income from operations amounted to Rup 3971.28 crores, an increase from Rup 3535.03 crores in the same quarter of 2015. Total expenses amounted to Rup 3342.85 crores, up from Rup 3042.28 crores. Total net profit for the period amounted to Rup 408.75 crores, an increase from Rup 340.97 crores. For the consolidated audited results for the year, total income from operations amounted to Rup 15,534.14 crores, up from Rup 14,182.81 crores in 2015. Total expenses amounted to Rup 13,013.49 crores, an increase from Rup 12,213.32 crores. Total net profit for the period amounted to Rup 1726.21 crores, up from Rup 1395.15 crores. (1 crore = 10 M, 1 lakh = 100,000).
Original Source: Business Standard, 12 May 2016, 20 (192), I.9 (Website: http://www. business-standard.com) Copyright Business Standard Ltd 2016
Akzo Nobel India Limited: financial results for the quarter and year ended 31 Mar 2016 A table shows the extract of financial results of Akzo Nobel India Limited for the quarter and year ended 31 Mar 2016. For the quarter, total income from operations amounted to Rup 6771.6 M, an increase from Rup 5921.6 M in the same quarter of 2015. Net profit for the period after tax (after extraordinary items) amounted to Rup 525.7 M, up from Rup 446.4 M. For the year ended 31 Mar 2016, total income from operations amounted to Rup 27,401.4 M, an increase from Rup 25,269.9 M in 2015. Net profit for the period after tax (after
C OAT I N G S extraordinary items) amounted to Rup 2021.0 M, up from Rup 1863.1 M.
Original Source: Business Standard, 14 May 2016, 3 (41), I.7 (Website: http://www. business-standard.com) Copyright Business Standard Ltd 2016
AkzoNobel 4Q 2016 profit up 18% Paints and coatings producer AkzoNobel's net profit increased by 8% to Rup 202 crore in 2015-2016 from Rup 186 crore in 20142015. On 13 May 2016, the firm's board recommended Rup 20/share of dividend for the year ended 31 Mar 2016, flat from the year ended 31 Mar 2015. The board also recommended Rup 50/share of special dividend. The company's PAT growth was 18% in 4Q 2015-2016 to reach Rup 45 crore. (1 crore = 10 M, 1 lakh = 100,000).
Original Source: Business Line, 14 May 2016, 23 (115), 3 (Website: http://www. thehindubusinessline.com) Copyright The Hindu Business Line 2016
AkzoNobel completes first phase of plant expansion in Indonesia The first stage of the expansion of AkzoNobel's performance coatings facility in Cikarang, Indonesia, has been finished. The _2.5ÝM project will improve the plant's capacity by 40%.
Original Source: PetroChemical News, 23 May 2016, 54 (20), 4 (Website: http://www. petrochemical-news.com) Copyright William F. Bland Co. 2016
Arkema expands relationship in Canada Azelis Canada (Unipex Solutions Canada) will market Arkema's Orgasol product line for the Canadian CASE market. Azelis Canada also sells Sartomer acrylate and methacrylate monomers and oligomers for high-energy-curable applications. Azelis Canada is a firm of Azelis Americas.
Original Source: Paint & Coatings Industry, (PCI), May 2016, 32 (5), 20 (Website: http:// www.pcimag.com) Copyright BNP Media 2016
TECHNOLOGY Evonik’s VESTAMELT copolyamide coating additive shows excellent abrasion resistance A surface with a stone look is made possible with wrinkle coating based on VESTAMELT, a polyamide 12 (PA 12) copolyamide coating additive from Evonik. Be it with a stone or ceramic finish, in sand yellow or
3