- Email: [email protected]
Capelle launches Lysopac Red 2230C and Lysopac Red 7730C pigments
FOCUS 2011 Congress. AkzoNobel says that its Interpon A 5000 automotive coatings deliver a unique and exciting character change that improves the design features of the auto body. The powder mono coat system also cuts the number of process steps and facilitates a considerable reduction in energy usage. Original Source: Coatings World, Oct 2011,16 (10) 18 (Website, http://www.coatingsworld.com/) © Rodman Publishing 2011
Capelle launches Lysopac Red 2230C and Lysopac Red 7730C pigments Capelle Pigments NV has added two new products under its highperformance pigments line: Lysopac Red 2230 CI Pigment Red 122 and Lysopac Red 7730C CI Pigment Red 177 for use in both solvent-based and water-based industrial paints, OEM and car refinish, powder coatings and decorative coatings. Lysopac Red 2230 is a clean shade magenta of Quinacridone chemistry, and Lysopac Red 7730C is a transparent blue shade red pigment of Antraquinone chemistry. Both products offer good light and weather-fastness characteristics. In addition, the pigments can be blended with opaque grade pigments (red and orange) to create solid hues. They can also be mixed with effect pigments to form metal effect shades. Original Source: Coatings World, Oct 2011, 16 (10) 73 (Website http://www.coatingsworld.com/) © Rodman Publishing 2011
DSM to divest amino resins business to Ineos On 1 Sep 2011, Royal DSM NV, the global Life Sciences and Materials Sciences company, and INEOS Melamines, a subsidiary of Switzerland-based INEOS Industries announced that they have reached an agreement for DSM to sell its amino resins
4
ON
POWDER
business to INEOS. The effective date of the transaction is 1 Sep 2011. Financial details will not be disclosed. For DSM the divestment is a logical step after it closed at the end of 2009 its production facility in the Netherlands. Ever since a supply agreement with INEOS Melamines for manufacturing melamine and benzoguanamine amino resins has been in place. As of 1 Sep 2011, INEOS will market these amino resins directly. INEOS Melamines is one of the leading global producers of amino resins. The acquisition will further strengthen its position and ability to serve customers globally. The divestment and transfer of marketing activities will have minimal to no impact on DSM’s customers as the products will continue to be made according to the same process with the same specifications and in the same production facilities. During a transition period the sales forces of INEOS and DSM will cooperate closely to ensure a smooth transfer of all customer relations. For a limited period of time INEOS is allowed to use the DSM brand name Uramex for the amino products involved. Press release from: DSM, PO Box 6500, 6401 JH Heerlen, The Netherlands, tel: +31 45 578 2422, fax: +31 45 574 0680, website: http://www.dsm.com (1 Sep 2011)
Think tank: AkzoNobel’s cost cutting in a low growth world underscores a coming trend AkzoNobel’s cost-cutting programme signals that the surge in demand after the 2008-2009 global recession appears to have truly come to an end. Today, the majority of chemical companies are operating in an environment where demand is softer and downward price pressure is increasing. The Netherlandsbased coatings producer’s €500 M ($686 M) cost-reduction plan is aimed at allowing the company to remain profitable amidst increased raw material costs, mainly
C O AT I N G S titanium dioxide, poor demand growth, and a margin change in its product mix. AkzoNobel saw its earnings before interest, tax, depreciation and amortization fall 12% to €507 M in 3Q 2011. Original Source: ICIS Chemical Business, 31 Oct 2011 (Website: http://icischemicalbusiness.com) © Reed Business Information Limited 2011
Divestment. BASF plans to sell the building coatings business in Europe German company BASF Coatings plans to sell the building coatings business of the subsidiary Relius Coatings GmbH & Co KG and its subsidiaries in France and the Netherlands in the near future. The business includes building paints, plasters, coatings and varnishes and is regionally focused on Germany as well as selected countries in Europe. The business generated a turnover of around €80 M in 2010. The planned spinoff includes the facilities in Memmingen in Germany and Deurne in the Netherlands as well as the distribution units of Relius for this business. The building coatings business of Relius currently employs around 440 staff, including 80 employees at the building coatings division in Relius’ production facility in Oldenburg. BASF’s building coatings business in South America and China will not be affected by the divestments and will be expanded further. The industrial coatings business of Relius Coatings which is operated from the facility in Oldenburg, will remain an integral cog of BASF Coatings. Other activities unaffected by the changes include protective coatings, marine coatings, general industrial coatings, and coatings for rotor blades of wind power turbines. These activities will be further developed and expanded globally in the framework of the industrial coatings business of BASF. Original Source: Farbe und Lack, Nov 2011, 117 (11), 6 (Website: http://www.farbeundlack.de/) (in German) © Vincentz Network 2011
JANUARY 2012
Capelle launches Lysopac Red 2230C and Lysopac Red 7730C pigments Capelle Pigments NV has added two new products under its highperformance pigments line: Lysopac Red 2230 CI Pigment Red 122 and Lysopac Red 7730C CI Pigment Red 177 for use in both solvent-based and water-based industrial paints, OEM and car refinish, powder coatings and decorative coatings. Lysopac Red 2230 is a clean shade magenta of Quinacridone chemistry, and Lysopac Red 7730C is a transparent blue shade red pigment of Antraquinone chemistry. Both products offer good light and weather-fastness characteristics. In addition, the pigments can be blended with opaque grade pigments (red and orange) to create solid hues. They can also be mixed with effect pigments to form metal effect shades. Original Source: Coatings World, Oct 2011, 16 (10) 73 (Website http://www.coatingsworld.com/) © Rodman Publishing 2011
DSM to divest amino resins business to Ineos On 1 Sep 2011, Royal DSM NV, the global Life Sciences and Materials Sciences company, and INEOS Melamines, a subsidiary of Switzerland-based INEOS Industries announced that they have reached an agreement for DSM to sell its amino resins
4
ON
POWDER
business to INEOS. The effective date of the transaction is 1 Sep 2011. Financial details will not be disclosed. For DSM the divestment is a logical step after it closed at the end of 2009 its production facility in the Netherlands. Ever since a supply agreement with INEOS Melamines for manufacturing melamine and benzoguanamine amino resins has been in place. As of 1 Sep 2011, INEOS will market these amino resins directly. INEOS Melamines is one of the leading global producers of amino resins. The acquisition will further strengthen its position and ability to serve customers globally. The divestment and transfer of marketing activities will have minimal to no impact on DSM’s customers as the products will continue to be made according to the same process with the same specifications and in the same production facilities. During a transition period the sales forces of INEOS and DSM will cooperate closely to ensure a smooth transfer of all customer relations. For a limited period of time INEOS is allowed to use the DSM brand name Uramex for the amino products involved. Press release from: DSM, PO Box 6500, 6401 JH Heerlen, The Netherlands, tel: +31 45 578 2422, fax: +31 45 574 0680, website: http://www.dsm.com (1 Sep 2011)
Think tank: AkzoNobel’s cost cutting in a low growth world underscores a coming trend AkzoNobel’s cost-cutting programme signals that the surge in demand after the 2008-2009 global recession appears to have truly come to an end. Today, the majority of chemical companies are operating in an environment where demand is softer and downward price pressure is increasing. The Netherlandsbased coatings producer’s €500 M ($686 M) cost-reduction plan is aimed at allowing the company to remain profitable amidst increased raw material costs, mainly
C O AT I N G S titanium dioxide, poor demand growth, and a margin change in its product mix. AkzoNobel saw its earnings before interest, tax, depreciation and amortization fall 12% to €507 M in 3Q 2011. Original Source: ICIS Chemical Business, 31 Oct 2011 (Website: http://icischemicalbusiness.com) © Reed Business Information Limited 2011
Divestment. BASF plans to sell the building coatings business in Europe German company BASF Coatings plans to sell the building coatings business of the subsidiary Relius Coatings GmbH & Co KG and its subsidiaries in France and the Netherlands in the near future. The business includes building paints, plasters, coatings and varnishes and is regionally focused on Germany as well as selected countries in Europe. The business generated a turnover of around €80 M in 2010. The planned spinoff includes the facilities in Memmingen in Germany and Deurne in the Netherlands as well as the distribution units of Relius for this business. The building coatings business of Relius currently employs around 440 staff, including 80 employees at the building coatings division in Relius’ production facility in Oldenburg. BASF’s building coatings business in South America and China will not be affected by the divestments and will be expanded further. The industrial coatings business of Relius Coatings which is operated from the facility in Oldenburg, will remain an integral cog of BASF Coatings. Other activities unaffected by the changes include protective coatings, marine coatings, general industrial coatings, and coatings for rotor blades of wind power turbines. These activities will be further developed and expanded globally in the framework of the industrial coatings business of BASF. Original Source: Farbe und Lack, Nov 2011, 117 (11), 6 (Website: http://www.farbeundlack.de/) (in German) © Vincentz Network 2011
JANUARY 2012