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Dow makes coatings manufacturing investment in Saudi Arabia
FOCUS Centre in Singapore, designed to deliver advanced R&D support for innovation and sustainability projects across the ASEAN and Australasia region. Located at Solaris Fusionopolis, the R&D hub will focus mainly on the fields of engineering and physical sciences. Separately, Dow Corning Coatings has expanded its distribution agreement with Univar to the Middle East, including the UAE, Bahrain, Saudi Arabia and Qatar. Univar has been marketing silicone additives for various applications including in inks, industrial paints and varnishes in the Western European market for some 20 years. Original Source: Speciality Chemicals Magazine, Apr 2012, 32 (4), (Website: http://www.specchemonline.com/, © Quartz Business Media Ltd 2012
AkzoNobel targets €1.5 bn turnover for Latin America AkzoNobel is aiming for a turnover of €1.5 bn in Latin America within a number of years. After 3 years the figure has reached around €1 bn. In Brazil it produces lacquers for vehicles and ships as well as chemicals for the wood processing industry. With a turnover of €450 M/y Coral is AkzoNobel’s most important product in Latin America. Original Source: Het Financieele Dagblad, 7 May 2012, 5 (Website: http://www.fd.nl) (in Dutch) © Het Financieele Dagblad 2012
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Interpon launches a new website Interpon Powder Coatings has unveiled a new website: www.interpon.com. The website provides customers with information about powder coatings. Examples of projects where Interpon’s coatings were used in the past are also included in the new website. Original Source: Coatings World, Apr 2012, 17 (4), 26 (Website: http://www.coatingsworld.com/) © Rodman Publishing 2012
Tiger Drylac Powder Coatings introduces ‘Natives and Aliens’ colour selection Tiger Drylac Powder Coatings has unveiled the ‘Natives and Aliens’ colour collection in North America. The collection comprises 15 new colours with 20 different special effect finishes inspired by native elements and other minerals and metals. The present sentiments to love the planet as well as a change in awareness attributed by some to the end of the Mayan calendar and existing beliefs considering life on Earth influenced the creation of the collection. The Natives and Aliens colour selection is available in an exterior nonarchitectural powder coating grade that can be used for exterior and interior purposes in the market segments of furniture, lighting, railing and store fixtures. Original Source: Coatings World, Apr 2012, 17 (4), 46 (Website: http://www.coatingsworld.com/) © Rodman Publishing 2012
DuPont Alesta Powder Coatings featured in luxury apartment building in Poland
Dow makes coatings manufacturing investment in Saudi Arabia
DuPont Alesta Powder Coatings from DuPont will be used to coat the facade, as well as elements of interior decorations, of a new 54-floor luxury apartment in Warsaw, Poland designed by architect Daniel Libeskind. The building, Zlota 44, is planned to be completed in 2012.
The Dow Chemical Co disclosed plans to build a new production site for its Dow Coating Materials business unit in Saudi Arabia. The proposed plant will be built within the Jubail Industrial City and produce a variety of coating materials for both the domestic and export markets.
Original Source: Coatings World, Apr 2012, 17 (4), 12 (Website: http://www.coatingsworld.com/) © Rodman Publishing 2012
Original Source: Coatings World, Apr 2012, 17 (4), 111-112 (Website: http://www.coatingsworld.com/) © Rodman Publishing 2012
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C O AT I N G S Slow European economy sends Cytec Coating Resins volumes down Cytec Industries’ coating resins business saw a 9% decline in volumes in 1Q 2012 owing to weaker demand in Asia Pacific and Europe, although results were better than predicted. Net sales dropped 5.7% to $405 M, but segment operating earnings increased from $20 M to almost $29 M owing to improved margins of 7.1%. Volumes for the Additive Technologies business also fell 8% year on year owing to weak demand, particularly in Europe. Operating earnings declined to $6.4 M, from $8.4 M in 1Q 2011. Sales fell 4% to $68 M in spite of a 5% increase in selling prices. For the firm’s Engineered Materials and In Process Separating businesses, consolidated net earnings fell 36% in 1Q 2012 to $53 M, but consolidated sales grew 2% to $783.3 M. Cytec intends to purchase UK-based Umeco, a provider of fibre-reinforced composite materials, for $439 M. In 2011, Umeco’s revenues reached £207 M (about $332 M). Original Source: European Paint and Resin News, Apr 2012, 50 (4), 12 (Website: http://www2.praworld.com/publications/eprn/) © PRA 2011
Sudarshan Chemicals to acquire natural mica-based assets from Eckart Sudarshan Chemicals (Sudarshan), a part of the Rathi group of companies, and a manufacturer of colours and pigments, intends to acquire natural mica-based pearlescent pigments from German chemicals manufacturer, Eckart. The acquired business will consist of all products manufactured by Eckart at its site in Pori, Finland, under the leading trade names Prestige, and Flonac-C. Sudarshan will complement the new pearlescent products range into its current pipeline of cosmetics pigment portfolio marketed under the brand JULY 2012
AkzoNobel targets €1.5 bn turnover for Latin America AkzoNobel is aiming for a turnover of €1.5 bn in Latin America within a number of years. After 3 years the figure has reached around €1 bn. In Brazil it produces lacquers for vehicles and ships as well as chemicals for the wood processing industry. With a turnover of €450 M/y Coral is AkzoNobel’s most important product in Latin America. Original Source: Het Financieele Dagblad, 7 May 2012, 5 (Website: http://www.fd.nl) (in Dutch) © Het Financieele Dagblad 2012
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POWDER
Interpon launches a new website Interpon Powder Coatings has unveiled a new website: www.interpon.com. The website provides customers with information about powder coatings. Examples of projects where Interpon’s coatings were used in the past are also included in the new website. Original Source: Coatings World, Apr 2012, 17 (4), 26 (Website: http://www.coatingsworld.com/) © Rodman Publishing 2012
Tiger Drylac Powder Coatings introduces ‘Natives and Aliens’ colour selection Tiger Drylac Powder Coatings has unveiled the ‘Natives and Aliens’ colour collection in North America. The collection comprises 15 new colours with 20 different special effect finishes inspired by native elements and other minerals and metals. The present sentiments to love the planet as well as a change in awareness attributed by some to the end of the Mayan calendar and existing beliefs considering life on Earth influenced the creation of the collection. The Natives and Aliens colour selection is available in an exterior nonarchitectural powder coating grade that can be used for exterior and interior purposes in the market segments of furniture, lighting, railing and store fixtures. Original Source: Coatings World, Apr 2012, 17 (4), 46 (Website: http://www.coatingsworld.com/) © Rodman Publishing 2012
DuPont Alesta Powder Coatings featured in luxury apartment building in Poland
Dow makes coatings manufacturing investment in Saudi Arabia
DuPont Alesta Powder Coatings from DuPont will be used to coat the facade, as well as elements of interior decorations, of a new 54-floor luxury apartment in Warsaw, Poland designed by architect Daniel Libeskind. The building, Zlota 44, is planned to be completed in 2012.
The Dow Chemical Co disclosed plans to build a new production site for its Dow Coating Materials business unit in Saudi Arabia. The proposed plant will be built within the Jubail Industrial City and produce a variety of coating materials for both the domestic and export markets.
Original Source: Coatings World, Apr 2012, 17 (4), 12 (Website: http://www.coatingsworld.com/) © Rodman Publishing 2012
Original Source: Coatings World, Apr 2012, 17 (4), 111-112 (Website: http://www.coatingsworld.com/) © Rodman Publishing 2012
4
C O AT I N G S Slow European economy sends Cytec Coating Resins volumes down Cytec Industries’ coating resins business saw a 9% decline in volumes in 1Q 2012 owing to weaker demand in Asia Pacific and Europe, although results were better than predicted. Net sales dropped 5.7% to $405 M, but segment operating earnings increased from $20 M to almost $29 M owing to improved margins of 7.1%. Volumes for the Additive Technologies business also fell 8% year on year owing to weak demand, particularly in Europe. Operating earnings declined to $6.4 M, from $8.4 M in 1Q 2011. Sales fell 4% to $68 M in spite of a 5% increase in selling prices. For the firm’s Engineered Materials and In Process Separating businesses, consolidated net earnings fell 36% in 1Q 2012 to $53 M, but consolidated sales grew 2% to $783.3 M. Cytec intends to purchase UK-based Umeco, a provider of fibre-reinforced composite materials, for $439 M. In 2011, Umeco’s revenues reached £207 M (about $332 M). Original Source: European Paint and Resin News, Apr 2012, 50 (4), 12 (Website: http://www2.praworld.com/publications/eprn/) © PRA 2011
Sudarshan Chemicals to acquire natural mica-based assets from Eckart Sudarshan Chemicals (Sudarshan), a part of the Rathi group of companies, and a manufacturer of colours and pigments, intends to acquire natural mica-based pearlescent pigments from German chemicals manufacturer, Eckart. The acquired business will consist of all products manufactured by Eckart at its site in Pori, Finland, under the leading trade names Prestige, and Flonac-C. Sudarshan will complement the new pearlescent products range into its current pipeline of cosmetics pigment portfolio marketed under the brand JULY 2012