FOCUS company will be named DowDuPont. The parties intend to subsequently pursue a separation of DowDuPont into three independent, publicly traded companies through tax-free spin-offs. This would occur as soon as feasible, which is expected to be 18-24 months following the closing of the merger, subject to regulatory and board approval. The companies will include a leading global pure-play agriculture company; a leading global pure-play material science company; and a leading technology and innovation-driven specialty products company. Each of the businesses will have clear focus, an appropriate capital structure, a distinct and compelling investment thesis, scale advantages, and focused investments in innovation to better deliver superior solutions and choices for customers.
Original Source: DuPont, December 11, 2015 (website: www.dupont.com) Copyright DuPont 2015
Axalta Upgrades its Facility for NapGard FBE Powder Coatings Axalta Coating Systems announced the enrichment of its Nap-Gard® fusion bonded epoxy (FBE) powder coatings. Through its continuous improvement efforts, Axalta has bolstered the manufacturing process with facility enhancements. In addition, Axalta is pleased to announce a new series of product designations with the reorganization of its Nap-Gard FBE powder coatings product line under a newly designated 7-2500 series. The Nap-Gard 7-2500 series brings industry recognized FBE powder coatings into one group and expands the benefits of its thermosetting epoxy powder for onshore and offshore oil and gas pipelines. Combining Nap-Gard FBE powder coating product numbers 7-2500, 7-2501, 7-2508FG, 7-2508, and 7-2508LG into one family allows customers to choose the product needed for their application in the color they desire. Nap-Gard 7-2500 series powders are National Sanitation Foundation (NSF) certified and meet ISO 21809-1 and CSA Z245.20.14 requirements. Nap-Gard series powder coatings are suitable for the most demanding performance requirements set by industry standards and can be used as a single anticorrosive layer or as the primer in a dual layer or multilayer system. This family of powders is fast curing, damage resistant, thermosetting and hazardous air pollutant (HAP)-free, and has excellent adhesion to steel with good chemical resistance.
Original Source: Axalta Coating Systems, December 4, 2015, Found on SpecialChem Coatings and Inks Formulation, (website: http://www.specialchem4coatings.com) Copyright Axalta 2015
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Sun Chemical Forms Advanced Materials Division to Focus on Inks and Coatings Sun Chemical has formed a new Advanced Materials division which features an expanded portfolio of technologies from both Sun Chemical and DIC, its parent company, to further enhance the company's ability to serve its customers. Utilizing over two centuries of expertise, Sun Chemical Advanced Materials will deliver solutions to broad markets, including automotive, inkjet, electronics, architectural and industrial coatings, aerospace, printed circuits, photovoltaics, printed electronics, plastic cards, water degassing, and plastics.
Original Source: Sun Chemical, December 7, 2015, Found on SpecialChem Coatings and Inks Formulation, (website: http://www. specialchem4coatings.com) Copyright Sun Chemical 2015
The Shepherd Color Company Announces Partnership with LANSCO Colors The Shepherd Color Company has partnered with LANSCO Colors as an official distributor for a portion of their business in North America effective December 1, 2015. LANSCO's extensive experience, knowledge, expertise, network of strategically located warehouses, and customer service allow for them to directly support Shepherd's North American business. Customers can expect to receive the same excellent products Shepherd Color has sold in the past.
Original Source: Shepherd Color, December 8, 2015 Found on SpecialChem Coatings and Inks Formulation, (website: http://www. specialchem4coatings.com) Copyright Shepherd Color 2015
AkzoNobel Opens RD&I Center for Coatings in U.S. AkzoNobel has opened a new research, development and innovation (RD&I) center in Strongsville, Ohio, in the United States. The $10 million facility will support several of the company's Performance Coatings businesses, including coil, extrusion and packaging coatings. Featuring full testing, scale-up and analytical capabilities, it will house more than 120 staff, including 65 highly trained scientists and technicians. The Strongsville center is the latest in a series of investments to strengthen AkzoNobel's research capabilities in the region. The company recently announced that it is investing around €3 million ($3.4 million) to expand its RD&I capabilities in Houston, Texas. The Houston facility will support the company's Protective Coatings,
C OAT I N G S Marine Coatings and Specialty Coatings businesses.
Original Source: AkzoNobel, December 2, 2015, Found on SpecialChem Coatings and Inks Formulation (website: http://www. specialchem4coatings.com) Copyright AkzoNobel 2015
Axalta Starts Construction on Asia Pacific Technology Center in China Axalta Coating Systems has commenced construction of its Asia Pacific Technology Center (APTC) Scheduled to be operational in thirdquarter 2016, the 15,500 square meter center will be equipped to undertake fundamental research and develop new coating applications, including the latest generation paint formulations, colours, resin development, dispersion technology, spray application and analytic evaluation of paint performance. The center will have technical support capabilities to serve light vehicle OEM, commercial vehicle and refinish customers as well as those in the industrial and architectural sectors. With a workforce capacity of up to 500 employees, the center is poised to support all Axalta businesses with high quality paints, lean processes, and sustainable applications. Long term environmental goals The technology center will be part of Axalta's global network of global innovation centers in North America, Europe and Latin America. The facility will house Axalta's Refinish Color Development Center, a new Refinish Training Center for customers, and extensive laboratories.
Original Source: Axalta Coating Systems, December 1, 2015, Found on European Coatings Journal, (website: http://www. european-coatings.com) Copyright Vincentz Network 2015
Cytec Gets Approval for Solvay Merger from its Shareholders Cytec Industries Inc. (CYT) announced the voting results for its special meeting of common stockholders on the proposed merger with Solvay SA, a Brussels-based company. The proposal to approve the merger received support from 99.3% of the votes cast, with a total of 84.1% of outstanding shares voted. The closing of the merger is subject to satisfaction or waiver of certain closing conditions, including receipt of approvals (or expiration of applicable waiting periods) under the HSR Act as well as foreign antitrust or competition laws in Brazil, the European Union, Israel, Japan, Mexico, South Korea, Turkey and Ukraine, the conclusion of the review by the Committee on Foreign Investment in the United States (CFIUS), receipt of written acceptance from the Department of Defense Security Service (DSS) of the parties' commitment to enter into an arrangement to mitigate foreign
January 2016