FOCUS formulated to protect structures from weathering. PPCJ, Polymers, Paint, Colour Journal, Dec 2006, 196 (4507), 43
Akzo Nobel moves Akzo Nobel will transfer its North American Powder Coatings headquarters and technical laboratories to Nashville, TN, USA in 2007. A workforce of 50 will be added to the Nashville site, which now has a workforce of roughly 125. Another 10,000 sq ft of office space will be added to the existing plant. PPCJ Polymers, Paint, Colour Journal, Dec 2006, 196 (4507), 4
MARKETS Paint’s Eastern bright spots New investment trends in the global market provide strong
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opportunities in the east, which is emerging as a preferred location for paint for pursuing growth as well as good raw materials supply. This can be observed from DuPont’s recent activities in the coatings segment, which included securing full control of a major joint venture in the Turkish industrial coatings sector; creating a jv with an automotive coatings firm in Russia; and the announcement of plans to put onstream a Chinese titanium dioxide plant in 2010. Rohm and Haas also emphasized the strong prospects of Central and Eastern Europe, with the company initiating moves to divest its automotive coatings business to Nippon Paint. Consolidation, considered an important trend because of its effect on regional company growth and technology transfer, is also being observed among
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C OAT I N G S paint companies in Eastern Europe. SigmaKalon purchased Czech firm Primalex in 2004, while Akzo Nobel purchased another Czech manufacturer, Balacom. Tikkurila also gained full control of its Czech importer Finncolor sro. Russia is considered the brightest spot in the Eastern European coatings market, particularly Moscow and St Petersburg, which indicate strong demand for paints and coatings. Russia is a major emerging market for both Turkish and Finnish paint manufacturers. Turkey is also considered an important growth area, with its paint market projected to climb about 11%/y in the coming years. Turkish paint capacity is pegged at about 800,000 tonnes, while market demand is pegged at about 600,000 tonnes. Industrial Minerals, Dec 2006, (471), 4849,51,53
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