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Jotun 2006: Jotun Powder Coatings: a vital part of Jotun
FOCUS chemicals and coatings units in Jun 2007. Akzo Nobel is aiming for sales in China to hit the $1 bn mark by 2010. China is considered the largest market for powder coatings with growth levels at double digits. Akzo Nobel now has more than 1000 employees in five powder coatings sites in the country. Its other four powder plants are in Bao An, Ningbo, Suzhou and Langfang, all in China. European Paint and Resin News, May 2007, 45 (5), 12
Bayer MaterialScience lowers the heat for powder coatings German Bayer MaterialScience has developed Crelat XP 2571, which allows powder coatings to cure at temperatures of 140°C. Curing and baking also occur at the same time at 120°C. Baking for polyurethane powder coating usually takes 15 minutes at 180°C. Using the catalyst system will enable powder coatings to be utilized on heat sensitive materials such as plastics and wood. European Paint and Resin News, May 2007, 45 (5), 14
Jotun 2006: Jotun Paints: sustaining rapid growth For its fiscal 2006 Jotun Paints, part of Norwegian company Jotun A/S, has reported sales of NKR 2491 M (NKR 2122 M for its fiscal 2005), of which: protective coatings accounted for 21%, decorative paints 69%, marine coatings 10%. Headcount is 2080. The company has production facilities in Egypt, Indonesia, Malaysia, Oman, Saudi Arabia, Thailand, United Arab Emirates, Vietnam, and Yemen. There is discussion of the business and of the results. Jotun Annual Report 2006, 15 Feb 2007, 8-9 (Jotun A/S, PO Box 2021, N-3248 Sandefjord, Norway, tel: +47 3345 7000, fax: +47 3345 7242, website: http://www.jotun.com)
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Jotun 2006: Jotun Coatings: finding value in the global network For its fiscal 2006 Jotun Coatings, part of Norwegian company Jotun A/S, has reported sales of NKR 3590 M (NKR 2945 M for its fiscal 2005), of which: decorative paints accounted for 6%, marine coatings 65%, protective coatings 29%. Headcount is 1790. The company has production facilities in Australia, China, Finland, Italy, Singapore, South Africa, South Korea, Spain, Turkey, the UK, and the US. There is discussion of the business and of the results. Jotun Annual Report 2006, 15 Feb 2007, 910 (Jotun A/S, PO Box 2021, N-3248 Sandefjord, Norway, tel: +47 3345 7000, fax: +47 3345 7242, website: http://www.jotun.com)
Jotun 2006: Jotun Powder Coatings: a vital part of Jotun For its fiscal 2006 Jotun Powder Coatings, part of Norwegian company Jotun A/S, has reported sales of NKR 1114 M (NKR 979 M for its fiscal 2005), of which: architectural accounted for 18%, functional 18%, industrial 64%. Headcount is 743. The company has production facilities in Czech Republic, India, Indonesia, Malaysia, Norway, Pakistan, Saudi Arabia, Thailand, Turkey, the UAE, and Vietnam. There is discussion of the business and of the results. Jotun Annual Report 2006, 15 Feb 2007, 9,11 (Jotun A/S, PO Box 2021, N-3248 Sandefjord, Norway, tel: +47 3345 7000, fax: +47 3345 7242, website: http://www.jotun.com)
Re-energized Akzo Nobel seeks acquisitions Akzo Nobel is changing its focus and getting ready for growth after the sale of its pharmaceutical business to Schering-Plough. The sale, which was worth around €11 bn ($14.7 bn), transformed
C OAT I N G S the company into a new organization composed of 60% coatings and 40% chemicals, with pro-forma sales of $13.3 bn in 2006, pharmaceuticals not included. The company, which has divested a large portion of its non-lucrative chemicals portfolio, will actively engage in acquisitions in coatings and chemicals as part of its growth strategies. By 2012, Akzo expects to secure 20% of its sales in the Pacific Asia market, in which the company anticipates sales to almost double in the next five years. Chemical Week, 20 Jun 2007, (website: http://www.chemweek.com)
GE Plastics adds conductive Noryl GTX resins to portfolio GE Plastics has expanded its ecomagination product line with the launching of Noryl GTX resins for use in powder coatings. Noryl GTX resins can reduce the emission of harmful solvents and related compounds into the air because these resins allow users to eliminate the need to apply electrostatic primer. Noryl GTX resins can also be used instead of metal substrates, thereby doing away with expensive and possibly harmful chemical pre-treatments. Paint and Resin Times, Jun 2007, (2), 10
Moving forward in China: investments in the chemicals and plastics industry A number of companies have announced plans to either start or expand operations in China by establishing new facilities and technical centres. Engineering polymers producer Ticona aims to set up a Customer Application Development Centre in Shanghai. Construction also started on its two new facilities for the manufacture of ultra high molecular weight polyethylene (UHMW-PE) and long-fibre reinforced thermoplastics (LFRTs). The new facilities will bolster Ticona’s worldwide capacity for JULY 2007
Bayer MaterialScience lowers the heat for powder coatings German Bayer MaterialScience has developed Crelat XP 2571, which allows powder coatings to cure at temperatures of 140°C. Curing and baking also occur at the same time at 120°C. Baking for polyurethane powder coating usually takes 15 minutes at 180°C. Using the catalyst system will enable powder coatings to be utilized on heat sensitive materials such as plastics and wood. European Paint and Resin News, May 2007, 45 (5), 14
Jotun 2006: Jotun Paints: sustaining rapid growth For its fiscal 2006 Jotun Paints, part of Norwegian company Jotun A/S, has reported sales of NKR 2491 M (NKR 2122 M for its fiscal 2005), of which: protective coatings accounted for 21%, decorative paints 69%, marine coatings 10%. Headcount is 2080. The company has production facilities in Egypt, Indonesia, Malaysia, Oman, Saudi Arabia, Thailand, United Arab Emirates, Vietnam, and Yemen. There is discussion of the business and of the results. Jotun Annual Report 2006, 15 Feb 2007, 8-9 (Jotun A/S, PO Box 2021, N-3248 Sandefjord, Norway, tel: +47 3345 7000, fax: +47 3345 7242, website: http://www.jotun.com)
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Jotun 2006: Jotun Coatings: finding value in the global network For its fiscal 2006 Jotun Coatings, part of Norwegian company Jotun A/S, has reported sales of NKR 3590 M (NKR 2945 M for its fiscal 2005), of which: decorative paints accounted for 6%, marine coatings 65%, protective coatings 29%. Headcount is 1790. The company has production facilities in Australia, China, Finland, Italy, Singapore, South Africa, South Korea, Spain, Turkey, the UK, and the US. There is discussion of the business and of the results. Jotun Annual Report 2006, 15 Feb 2007, 910 (Jotun A/S, PO Box 2021, N-3248 Sandefjord, Norway, tel: +47 3345 7000, fax: +47 3345 7242, website: http://www.jotun.com)
Jotun 2006: Jotun Powder Coatings: a vital part of Jotun For its fiscal 2006 Jotun Powder Coatings, part of Norwegian company Jotun A/S, has reported sales of NKR 1114 M (NKR 979 M for its fiscal 2005), of which: architectural accounted for 18%, functional 18%, industrial 64%. Headcount is 743. The company has production facilities in Czech Republic, India, Indonesia, Malaysia, Norway, Pakistan, Saudi Arabia, Thailand, Turkey, the UAE, and Vietnam. There is discussion of the business and of the results. Jotun Annual Report 2006, 15 Feb 2007, 9,11 (Jotun A/S, PO Box 2021, N-3248 Sandefjord, Norway, tel: +47 3345 7000, fax: +47 3345 7242, website: http://www.jotun.com)
Re-energized Akzo Nobel seeks acquisitions Akzo Nobel is changing its focus and getting ready for growth after the sale of its pharmaceutical business to Schering-Plough. The sale, which was worth around €11 bn ($14.7 bn), transformed
C OAT I N G S the company into a new organization composed of 60% coatings and 40% chemicals, with pro-forma sales of $13.3 bn in 2006, pharmaceuticals not included. The company, which has divested a large portion of its non-lucrative chemicals portfolio, will actively engage in acquisitions in coatings and chemicals as part of its growth strategies. By 2012, Akzo expects to secure 20% of its sales in the Pacific Asia market, in which the company anticipates sales to almost double in the next five years. Chemical Week, 20 Jun 2007, (website: http://www.chemweek.com)
GE Plastics adds conductive Noryl GTX resins to portfolio GE Plastics has expanded its ecomagination product line with the launching of Noryl GTX resins for use in powder coatings. Noryl GTX resins can reduce the emission of harmful solvents and related compounds into the air because these resins allow users to eliminate the need to apply electrostatic primer. Noryl GTX resins can also be used instead of metal substrates, thereby doing away with expensive and possibly harmful chemical pre-treatments. Paint and Resin Times, Jun 2007, (2), 10
Moving forward in China: investments in the chemicals and plastics industry A number of companies have announced plans to either start or expand operations in China by establishing new facilities and technical centres. Engineering polymers producer Ticona aims to set up a Customer Application Development Centre in Shanghai. Construction also started on its two new facilities for the manufacture of ultra high molecular weight polyethylene (UHMW-PE) and long-fibre reinforced thermoplastics (LFRTs). The new facilities will bolster Ticona’s worldwide capacity for JULY 2007