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Blackfast Chemicals teams up with Challenge
F O C U S business Zweihorn GmbH, which is based in Hilden. Powder Coatings acquired a controlling 60% share in Coatech, Egypt’s leading powder coatings manufacturer. The new joint venture company will be renamed Akzo Nobel Powder Coatings SAE. Decorative Coatings International signed an agreement with the intention to acquire the coatings activities of Guangzhou Toide Manufacturing Co, the biggest private Chinese manufacturer of emulsion paint. Powder Coatings announced a €9 M investment to build a new manufacturing facility located 100 kilometres east of Moscow, Russia. Decorative Coatings International signed an agreement to acquire a 51% controlling share in the coatings activities of Ukrainian company Khimrezerv. New decorative coatings plants were officially opened in Vietnam and China – one near Ho Chi Minh City, the other in Suzhou near Shanghai – while Powder Coatings inaugurated a new production site in Langfang, China. The Marine & Protective Coatings business clinched a major contract to coat the first ever Liquid Natural Gas (LNG) carriers to be built in China. More than 2 M litres of paint will be used to coat the four vessels. The company announced that its Decorative Coatings business had developed Alpha Tacto, the world’s first decorative paint product capable of providing two distinct effects, depending on how it is applied to the wall. Marine & Protective Coatings announced the introduction of Interchar, a next generation fireproofing material, which is designed to give unique protection to high-rise structures and public buildings. Akzo Nobel Annual Report 2005, 28 Feb 2006, 16-17 (Akzo Nobel NV, Velperweg 76, PO Box 9300, 6800 SB Arnhem, The Netherlands. Tel: +31 26 366 4343. Fax: +31 26 366 4940. Website: http://www.akzonobel.com)
MAY 2006
ON
POWDER
C O AT I N G S
Blackfast Chemicals teams up with Challenge
BASF to buy Johnson Polymer; Lanxess SAN operations
Blackfast Chemicals has entered into an agreement with speciality chemicals company Challenge Inc, to represent the established “Blackfast” room temperature blacking process and the more recently introduced “Blackfast 971 T” pre-treatment process, “a clean technology” product used prior to a variety of paint and powder paint applications. The agreement will give Blackfast Chemicals substantially expanded coverage of the US and provides Challenge with access to the European market. A multi-metal treatment process with excellent adhesion and creep corrosion properties, “Blackfast 971 T” is based on a zirconium titanium complex and will give Challenge the opportunity to develop the business in areas such as the aluminium sector.
Austrian company DIC Performance Resins GmbH (formerly Reichhold) in Vienna is reporting a strong rise in demand for powder acrylates, particularly for applications in plastics. DIC Performance Resins manufactures acrylates for weed and metal, acrylate for plastic coatings and road marking paints. The binding agents for acrylate powder coatings find applications in the manufacture of transparent coatings for car bodies and for the coating of light metal rims
BASF has revealed plans to purchase resins producer Johnson Polymer from JohnsonDiversey at a cost of $470 M. The transaction is anticipated to expand BASF’s share in the resins market, principally in North America. Johnson Polymer generated sales of around $360 M in 2005, of which roughly 60% was accounted for by the North American market. The company, which produces resins for coating applications, has a workforce of 430 and owns facilities in the USA and the Netherlands. BASF expects to close the Johnson Polymer acquisition by Jun 2006. Subsequent to completion, Johnson Polymer will be incorporated into BASF’s performance chemicals business, which manufactures additives and pigments for use in architectural, automotive, industrial and wood coatings. BASF has an independent coatings unit that produces automotive OEM and automotive refinish paint, as well as industrial coatings. In addition to Johnson Polymer, BASF also announced that it would acquire the styrene-acrylonitrile (SAN) copolymers operations of Lanxess in South America and Europe. The deal covers the turn over of customer lists, patent licenses and know-how, and inventory, but excludes the transfer of manufacturing sites or employees. The Lanxess business to be purchased reports SAN sales totalling approximately 14,000 tonnes/y. The Johnson Polymer and Lanxess transactions add to BASF’s series of acquisitions announced in 2006, which include the construction chemicals business of Degussa and the 34% interest of Japanese firm Takeda Pharmaceutical in its joint venture with BASF, BASF Takeda Vitamin.
Farbe und Lack, May 2006, 112 (5), 21 (in German)
Chemical Week, 10 May 2006, (Website: http://www.chemweek.com)
Press release from: Blackfast Chemicals Ltd, 78 Coombe Road, New Malden, Surrey, KT3 4QS, UK. Tel: +44 (0)208 336 2900. Website: http://www.blackfast.com (20 Apr 2006)
Binding agents: DIC Performance Resins reports rising demand for powder acrylates
7
MAY 2006
ON
POWDER
C O AT I N G S
Blackfast Chemicals teams up with Challenge
BASF to buy Johnson Polymer; Lanxess SAN operations
Blackfast Chemicals has entered into an agreement with speciality chemicals company Challenge Inc, to represent the established “Blackfast” room temperature blacking process and the more recently introduced “Blackfast 971 T” pre-treatment process, “a clean technology” product used prior to a variety of paint and powder paint applications. The agreement will give Blackfast Chemicals substantially expanded coverage of the US and provides Challenge with access to the European market. A multi-metal treatment process with excellent adhesion and creep corrosion properties, “Blackfast 971 T” is based on a zirconium titanium complex and will give Challenge the opportunity to develop the business in areas such as the aluminium sector.
Austrian company DIC Performance Resins GmbH (formerly Reichhold) in Vienna is reporting a strong rise in demand for powder acrylates, particularly for applications in plastics. DIC Performance Resins manufactures acrylates for weed and metal, acrylate for plastic coatings and road marking paints. The binding agents for acrylate powder coatings find applications in the manufacture of transparent coatings for car bodies and for the coating of light metal rims
BASF has revealed plans to purchase resins producer Johnson Polymer from JohnsonDiversey at a cost of $470 M. The transaction is anticipated to expand BASF’s share in the resins market, principally in North America. Johnson Polymer generated sales of around $360 M in 2005, of which roughly 60% was accounted for by the North American market. The company, which produces resins for coating applications, has a workforce of 430 and owns facilities in the USA and the Netherlands. BASF expects to close the Johnson Polymer acquisition by Jun 2006. Subsequent to completion, Johnson Polymer will be incorporated into BASF’s performance chemicals business, which manufactures additives and pigments for use in architectural, automotive, industrial and wood coatings. BASF has an independent coatings unit that produces automotive OEM and automotive refinish paint, as well as industrial coatings. In addition to Johnson Polymer, BASF also announced that it would acquire the styrene-acrylonitrile (SAN) copolymers operations of Lanxess in South America and Europe. The deal covers the turn over of customer lists, patent licenses and know-how, and inventory, but excludes the transfer of manufacturing sites or employees. The Lanxess business to be purchased reports SAN sales totalling approximately 14,000 tonnes/y. The Johnson Polymer and Lanxess transactions add to BASF’s series of acquisitions announced in 2006, which include the construction chemicals business of Degussa and the 34% interest of Japanese firm Takeda Pharmaceutical in its joint venture with BASF, BASF Takeda Vitamin.
Farbe und Lack, May 2006, 112 (5), 21 (in German)
Chemical Week, 10 May 2006, (Website: http://www.chemweek.com)
Press release from: Blackfast Chemicals Ltd, 78 Coombe Road, New Malden, Surrey, KT3 4QS, UK. Tel: +44 (0)208 336 2900. Website: http://www.blackfast.com (20 Apr 2006)
Binding agents: DIC Performance Resins reports rising demand for powder acrylates
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