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Kemira expands on three continents
F O C U S printable electronics (PE) and related applications represented a tiny niche in the speciality chemicals market. However, as the PE business takes off, silver inks show promise to become a product that will sell in quantities measured in the metric tonnes. NanoMarkets’ latest forecast show revenues from these inks for major PE applications exceeding $1.0 bn by 2014. This report is intended to answer questions such as: Where is the most profitable place for a materials firm to position itself; as a powder market, or higher up the value chain as an ink maker? Will the older inks based on silver flakes be eclipsed in the marketplace by the latest nanoparticulate silver inks? Are there other new conducting materials out there that will hurt the chances for silver inks in the future PE business? Its main objective is to analyze and quantify the opportunities for manufacturers of silver inks for use in printed electronics. The report examines the applications in which silver inks are likely to find the largest use and the technical evolution of silver inks in terms of conductivity, thermal requirements, environmental stability, formulation trends, etc. The activities of major manufacturers of silver inks and related powders are reviewed. A broad range of electronic products is covered including displays, RFID, backplanes, photovoltaics, computer memories, sensors, wearable products, smart packaging and novelty products. The eight-year forecasts are worldwide forecasts and the report is not geographically selective in the firms covered. Price: from $2995 Press release from: Nanomarkets, LC, PO Box 3840, Glen Allen, VA 23058, USA. Tel: +1 804 360 2967. Fax: +1 434 823 7071. Website: http:// www.nanomarkets.net (1 Jun 2007)
Jotun results 1Q 2007 In 1Q 2007 the Norwegian coatings company Jotun recorded 6
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a pretax result of NKR 301 M, 37% up on 1Q 2006. Operating income rose by 17% to NKR 2872 M. The company expects a higher profitability in 2007 than in 2006. A table is presented of operating income, operating results, and pretax results for 1Q 2006 and 1Q 2007. Dagens Naeringsliv, 1 Jun 2007, 118 (123), 30 (in Norwegian)
Ferro 1Q 2007: Segment net sales and income For its 1Q 2007 (period ends 31 Mar 2007), Ferro Corp has reported sales of $529.7 M ($505.1 M for its 1Q 2006), of which: performance coatings $138.8 M ($126.1 M), electronics materials $112.9 M ($107.3 M), colour & glass performance materials $105.7 M ($94.6 M), polymer additives $82.5 M ($82.7 M), and speciality plastics $66.9 M ($71.7 M); and total segment income of $41.76 M ($42.07 M), of which: performance coatings $10.68 M ($9.09 M), electronics materials $6.08 M ($8.28 M), colour & glass performance materials $15.06 M ($12.77 M), polymer additives $3.10 M ($4.54 M), and speciality plastics $3.13 M ($5.79 M). Ferro Reports 2007 First-Quarter Results, 10 May 2007, 4 (Ferro Corp, 1000 Lakeside Avenue, Cleveland, Ohio 44114-7000, USA. Tel: +1 216 641 8580. Website: http://www.ferro.com)
Kemira expands on three continents Kemira, based in Finland, has expanded its operations in Russia, Brazil and China. The company has formed a new subsidiary in Russia, called Kemira HIM. The new company will take over the sales and marketing of its pulp and paper chemicals in Russia. ZAO Kemira-Novo, the jv that formerly marketed the pulp and paper chemicals of Kemira in Russia, will continue to manufacture paper sizing chemicals at Arkangelsk. Kemira HIM will also
C OAT I N G S offer chemicals to other industries aside from the pulp and paper industry. Also in Russia, Tikkurila, the paints and coatings business of Kemira in Russia, has bought 70% interests in two paint firms in St Petersburg. The two paint companies are Gamma, which has sales of more than €8 M in metal coatings, and Ohtinksi Zarod Poroshkovyh Krasok, which produces the Ohtek brand of powder coatings. In Brazil, the local arm of Kemira Water Solutions has completed the purchase of two companies from Dalquim Industria e Comercio. The two companies, which have combined sales of around €12 M/y, manufacture aluminium-based coagulants for the treatment of wastewater and drinking water and for the paper industry in the south of Brazil. The acquisition will substantially expand the product portfolio of Kemira in southern Brazil. In China, Kemira has completed the acquisition of an 80% share in Chongqing Lanjie Tap Water Materials. Chongqing Lanjie, a manufacturer of inorganic coagulants and organic polymers for water treatment, has changed its name to Kemira Water Solutions. The acquisition will fortify Kemira’s presence in China. Speciality Chemicals, May 2007, 27 (4), 10
SigmaKalon goes up for sale US-based Bain Capital is selling its paint and coating business SigmaKalon, which has an estimated value of €2.1-2.5 bn. SigmaKalon, based in the Netherlands, expects sales to reach €2 bn in 2007 from €1.9 bn in 2006. PPG Industries, ICI, and Sherwin-Williams have been identified as potential buyers. Akzo Nobel, following a €11 bn sale of its pharmaceutical and animal health segment has been tied with ICI. Akzo and ICI could acquire partial shares to avoid anti-trust issues. ICIS Chemical Business, 11 Jun 2007, (Website: http://icischemicalbusiness.com)
JUNE 2007
Jotun results 1Q 2007 In 1Q 2007 the Norwegian coatings company Jotun recorded 6
O N
POWDER
a pretax result of NKR 301 M, 37% up on 1Q 2006. Operating income rose by 17% to NKR 2872 M. The company expects a higher profitability in 2007 than in 2006. A table is presented of operating income, operating results, and pretax results for 1Q 2006 and 1Q 2007. Dagens Naeringsliv, 1 Jun 2007, 118 (123), 30 (in Norwegian)
Ferro 1Q 2007: Segment net sales and income For its 1Q 2007 (period ends 31 Mar 2007), Ferro Corp has reported sales of $529.7 M ($505.1 M for its 1Q 2006), of which: performance coatings $138.8 M ($126.1 M), electronics materials $112.9 M ($107.3 M), colour & glass performance materials $105.7 M ($94.6 M), polymer additives $82.5 M ($82.7 M), and speciality plastics $66.9 M ($71.7 M); and total segment income of $41.76 M ($42.07 M), of which: performance coatings $10.68 M ($9.09 M), electronics materials $6.08 M ($8.28 M), colour & glass performance materials $15.06 M ($12.77 M), polymer additives $3.10 M ($4.54 M), and speciality plastics $3.13 M ($5.79 M). Ferro Reports 2007 First-Quarter Results, 10 May 2007, 4 (Ferro Corp, 1000 Lakeside Avenue, Cleveland, Ohio 44114-7000, USA. Tel: +1 216 641 8580. Website: http://www.ferro.com)
Kemira expands on three continents Kemira, based in Finland, has expanded its operations in Russia, Brazil and China. The company has formed a new subsidiary in Russia, called Kemira HIM. The new company will take over the sales and marketing of its pulp and paper chemicals in Russia. ZAO Kemira-Novo, the jv that formerly marketed the pulp and paper chemicals of Kemira in Russia, will continue to manufacture paper sizing chemicals at Arkangelsk. Kemira HIM will also
C OAT I N G S offer chemicals to other industries aside from the pulp and paper industry. Also in Russia, Tikkurila, the paints and coatings business of Kemira in Russia, has bought 70% interests in two paint firms in St Petersburg. The two paint companies are Gamma, which has sales of more than €8 M in metal coatings, and Ohtinksi Zarod Poroshkovyh Krasok, which produces the Ohtek brand of powder coatings. In Brazil, the local arm of Kemira Water Solutions has completed the purchase of two companies from Dalquim Industria e Comercio. The two companies, which have combined sales of around €12 M/y, manufacture aluminium-based coagulants for the treatment of wastewater and drinking water and for the paper industry in the south of Brazil. The acquisition will substantially expand the product portfolio of Kemira in southern Brazil. In China, Kemira has completed the acquisition of an 80% share in Chongqing Lanjie Tap Water Materials. Chongqing Lanjie, a manufacturer of inorganic coagulants and organic polymers for water treatment, has changed its name to Kemira Water Solutions. The acquisition will fortify Kemira’s presence in China. Speciality Chemicals, May 2007, 27 (4), 10
SigmaKalon goes up for sale US-based Bain Capital is selling its paint and coating business SigmaKalon, which has an estimated value of €2.1-2.5 bn. SigmaKalon, based in the Netherlands, expects sales to reach €2 bn in 2007 from €1.9 bn in 2006. PPG Industries, ICI, and Sherwin-Williams have been identified as potential buyers. Akzo Nobel, following a €11 bn sale of its pharmaceutical and animal health segment has been tied with ICI. Akzo and ICI could acquire partial shares to avoid anti-trust issues. ICIS Chemical Business, 11 Jun 2007, (Website: http://icischemicalbusiness.com)
JUNE 2007