Asian Paints: Results for 4Q 2012-2013

FOCUS photoinitiator causing cleavage and production of radicals that initiate polymerization by their addition to the double bonds in the polymer system. Propagation leads to growth of the polymer, while termination is reached when the radicals are trapped within the fully cured film. The first series of experiments used two model formulations: A is based on a commercial urethane diacrylate solid resin; Tg 56°C with 2% Irgacure 2959 as initiator; and B is based on a commercial polyester di-methacrylate with 2% Irgacure 2959 initiator. A second series employs the A and B systems with additional multifunctional acrylate monomers; M1 – a di-acrylate, M2 – a tri-acrylate, and M3 – a tetra-acrylate at addition levels of 20/80 ratio of acrylate/solid resin. The reactivity of each system was determined with an RT-FTIR equipped with an environmental cell. After five minutes in isothermal mode at selected temperatures between 50 and 110°C the molten samples were irradiated with UV light for 120 seconds. Conversion was measured and plotted against irradiation time. The tests on film properties were comprehensively discussed in this work programme and the conclusions were: the melt temperature is important to achieving good cure and full conversion was best achieved at temperatures up to 110°C; The polyester and urethane (meth)acrylate resins with different backbones and molecular weights gave different reactivities and film properties, although these differences lessened when multifunctional monomers were added. Films exhibited high resistance to scratch and solvent and the polyester methacrylate based samples were more flexible than the urethane acrylate based samples Article entitled “Wood Coating by UV Powders” by two teams of researchers at French universities. Original Source: Cellulose Chemistry and Technology, Sep/Oct 2012, 46 (7,8), 471-476 © Cellulose Chemistry and Technology 2012

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INDUSTRY NEWS Hentzen buys CrossLink CrossLink Powder Coatings has been acquired by USA-based industrial coatings maker Hentzen Coatings. Florida, USA-based CrossLink makes powder coatings for the general industrial and architectural markets. The deal was effective on 28 Feb 2013. Original Source: PPCJ, Polymers, Paint, Colour Journal, Apr 2013, 203 (4583), 5 (Website: http://www.polymerspaintcolourjournal.com/) © Quartz Business Media Ltd 2013

Cytec Coating Resins establishes exciting new identity as Allnex Effective 1 Jun 2013, Cytec Coating Resins is operating as independent company Allnex. The divestiture of the Coating Resins business of Cytec Industries to funds affiliated with Advent International was first announced in Oct 2012 and completed on 3 Apr 2013. The adoption of the new name – Allnex – is the first step towards establishing the company’s new identity. Original Source: Allnex, 2013. Found on PR Newswire, 31 May 2013, (Website: http://www.prnewswire.com). Original Source: PPCJ, Polymers, Paint, Colour Journal, Apr 2013, 203 (4583), 6 (Website: http://www.polymerspaintcolourjournal.com/) © Quartz Business Media Ltd 2013

Asian Paints: Results for 4Q 20122013 Paints major Asian Paints Ltd has posted a net profit-after-tax of Rup 239.56 crores on net sales/income from operations of Rup 2216.90 crores, on a standalone basis, for 4Q ended Mar 2013 (net profit-after-tax of Rup 244.59 crores on net sales/income from operations of Rup 2067.28 crores in 4Q ended Mar 2012). The Board of the company has recommended a final dividend of Rup 36.50/share

C O AT I N G S of Rup 10 taking the total dividend to Rup 46/share for 2012-2013. The financial figures for the company are presented in the included table. (1 crore=10 M, 1 lakh=100,000). Original Source: Business Standard, 10 May 2013, 15 (265), I.14 (Website: http://www.business-standard.com/) © Business Standard Ltd 2013

Akzo Nobel India: Results for 4Q 2012-2013 Akzo Nobel India Ltd has recorded a net profit-after-tax of Rup 625 M on net sales of Rup 5246.7 M for 4Q ended Mar 2013 (net profit-after-tax of Rup 782.4 M on net sales of Rup 9336.3 M in 4Q ended Mar 2012). During 4Q 2012-2013, the company derived revenues of Rup 5178.7 M from its coatings business as against Rup 8973.4 M in 4Q 2011-2012). The Board of the company has recommended a dividend of Rup 20/share and a special dividend of Rup 60/share for 2012-2013. The financial figures for the company are presented in the included table. Original Source: Business Standard, 21 May 2013, 15 (274), I.11 (Website: http://www.business-standard.com/) © Business Standard Ltd 2013

Delta trailers selects PPG commercial coatings group as its paint supplier Delta Manufacturing Inc, a Newport, AR, USA-based maker of steel trailers, announced that it has selected PPG Industries’ commercial coatings group as its paint supplier. Along with providing a complete line of OEM products appropriate for Delta’s trailers, PPG representatives have helped Delta update and reconfigure its workflow and paint booth equipment to enhance productivity and efficiency. PPG’s commercial coatings group offers a full range of coating technologies for the commercial transportation and light industrial markets such as polyurethanes, alkyds, epoxies, polyurea, waterborne, pre3