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Oxyplast Group purchases Innotek Powder Coatings
FOCUS release procedures triggered by pH activation of the permeable polyelectrolyte shell. A lengthy section of this paper is devoted to describing the emulsion route to preparing containers by both chemical and physical methods, followed by solvent extraction and evaporation to begin the process of interfacial precipitation, which is the beginning of the shell formation. The nanocontainers are completed by formation of solid shell/liquid core or compact morphology. Interfacial polyaddition by physical methods produces a range of containers designated inhibitor I (inh I) while those produced by chemical methods are designated inhibitor II (inh II). Examples are shown in photographs of coatings with and without containers incorporated in an epoxy based powder coating. These show the distribution and functionalities of both Halloysite nanotubes and silica nanocontainers dispersed in a clear powder coating applied to metal panels. There are also photographs of powder coated aluminium alloy and steel panels showing the results of long term salt spray testing, using inh I and inh II modifications and a control panel. The paper concludes that the incorporation of active agent filled nano- or microcontainers improves the resistance of the coating to various environmental conditions. The type of microcontainer also determines the efficiency of the coating. It is also claimed that the use of different active agents, such as sealants and biocides, could be a future technique for providing active coatings with specific functionalities or multifunctional properties. Paper entitled “Micro- and Nanocontainers in Protective Organic Coatings: A Way to Anticorrosive and Other Feedback Active Functionalities” by D Grigoriev, H Mohwald and D Shchukin of the Max-Plank Institute of Colloids and Interfaces, Germany, presented at ACT 12 Conference in Sosnowiec, Poland, 9-11 Oct 2012
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INDUSTRY NEWS PPG reports record 3Q 2012 earnings/share PPG Industries reported 3Q ended Sep 2012 net sales of $3.8 bn. Net income for 3Q 2012 was $339 M, or $2.18/diluted share, including nonrecurring charges. The 3Q 2012 net sales were $3.8 bn, and net income was $311 M, or $1.96/diluted share. Performance Coatings segment sales for 3Q 2012 were $1.2 bn, flat with 3Q 2011. Industrial Coatings segment sales for 3Q 2012 were $1.1 bn, an increase of $51 M, or 5%, versus 3Q 2011. Architectural Coatings - EMEA (Europe, Middle East and Africa) segment sales for 3Q 2012 were $564 M, a decrease of $9 M, or 2%, versus 3Q 2011. Optical and Speciality Materials 3Q 2012 segment sales were $282 M, down $29 M, or 9%, including a 6% volume decline and a negative impact from foreign currency translation. Commodity Chemicals segment sales for 3Q 2012 are $437 M, down $8 M, or 2%, versus 3Q 2011. Glass segment sales were $262 M for 3Q 2012, down $11 M from 3Q 2011. Net sales were $11,552 M for nine months ended Sep 2012 ($11,368 M in nine months ended Sep 2011). Net Income was $714 M for nine months of 2012 (net income of $879 M in nine months of 2011). Original Source: PPG Industries Inc, One PPG Place Pittsburgh, PA 15272, USA, tel: +1 412 434 3131, website: http://www.ppg.com (18 Oct 2012) © PPG Industries 2012
Carlyle enters pact with DuPont to acquire its coating business Carlyle Group and DuPont inked an agreement for the acquisition of DuPont Performance Coatings (DPC) which manufactures automotive paints. The transaction
C O AT I N G S entails an investment of $4.9 bn and will be completed by 1H 2013. Original Source: Chemical Engineering World, Sep 2012, 47 (9), 30 (Website: http://www.cewindia.com/) © Jasubhai Group 2012
Protech/Oxyplast Group purchases Innotek Powder Coatings Canadian firm Protech/Oxyplast Group has agreed to acquire the powder coating business and production assets of Innotek Powder Coatings. Innotek, based in Big Spring, TX, USA, specializes in high performance thermoplastic powder coatings. Original Source: Coatings World, Oct 2012, 17 (10), 12,14 (Website: http://www.coatingsworld.com/) © Rodman Publishing 2012
AkzoNobel Powder Coatings’ first Cromadex Center opens in Ireland The first Cromadex Center in Cork, Ireland has been opened by AkzoNobel in collaboration with Carbon Group. The new centre is equipped with a salt spray and laboratory testing facility, as well as a surface treatment and application unit. It will provide a range of surface treatment, paint technology and plant equipment, as well as certain coatings brands, including Cromadex, Interpon, International and Sikkens. Original Source: Coatings World, Oct 2012, 17 (10), 14 (Website: http://www.coatingsworld.com/) © Rodman Publishing 2012
AkzoNobel writes off €3.6 bn from paint operations AkzoNobel has written off billions of Euros from its paint operations. In 1999 the company recorded a €1.2 bn write off and analysts believe that virtually all goodwill for the decorative paints division had now been written off. This casts a shadow on the acquisition of ICI for around €13 bn in 2008 which made AkzoNobel the world’s largest paint company. On 18 Oct 2012 AkzoNobel
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INDUSTRY NEWS PPG reports record 3Q 2012 earnings/share PPG Industries reported 3Q ended Sep 2012 net sales of $3.8 bn. Net income for 3Q 2012 was $339 M, or $2.18/diluted share, including nonrecurring charges. The 3Q 2012 net sales were $3.8 bn, and net income was $311 M, or $1.96/diluted share. Performance Coatings segment sales for 3Q 2012 were $1.2 bn, flat with 3Q 2011. Industrial Coatings segment sales for 3Q 2012 were $1.1 bn, an increase of $51 M, or 5%, versus 3Q 2011. Architectural Coatings - EMEA (Europe, Middle East and Africa) segment sales for 3Q 2012 were $564 M, a decrease of $9 M, or 2%, versus 3Q 2011. Optical and Speciality Materials 3Q 2012 segment sales were $282 M, down $29 M, or 9%, including a 6% volume decline and a negative impact from foreign currency translation. Commodity Chemicals segment sales for 3Q 2012 are $437 M, down $8 M, or 2%, versus 3Q 2011. Glass segment sales were $262 M for 3Q 2012, down $11 M from 3Q 2011. Net sales were $11,552 M for nine months ended Sep 2012 ($11,368 M in nine months ended Sep 2011). Net Income was $714 M for nine months of 2012 (net income of $879 M in nine months of 2011). Original Source: PPG Industries Inc, One PPG Place Pittsburgh, PA 15272, USA, tel: +1 412 434 3131, website: http://www.ppg.com (18 Oct 2012) © PPG Industries 2012
Carlyle enters pact with DuPont to acquire its coating business Carlyle Group and DuPont inked an agreement for the acquisition of DuPont Performance Coatings (DPC) which manufactures automotive paints. The transaction
C O AT I N G S entails an investment of $4.9 bn and will be completed by 1H 2013. Original Source: Chemical Engineering World, Sep 2012, 47 (9), 30 (Website: http://www.cewindia.com/) © Jasubhai Group 2012
Protech/Oxyplast Group purchases Innotek Powder Coatings Canadian firm Protech/Oxyplast Group has agreed to acquire the powder coating business and production assets of Innotek Powder Coatings. Innotek, based in Big Spring, TX, USA, specializes in high performance thermoplastic powder coatings. Original Source: Coatings World, Oct 2012, 17 (10), 12,14 (Website: http://www.coatingsworld.com/) © Rodman Publishing 2012
AkzoNobel Powder Coatings’ first Cromadex Center opens in Ireland The first Cromadex Center in Cork, Ireland has been opened by AkzoNobel in collaboration with Carbon Group. The new centre is equipped with a salt spray and laboratory testing facility, as well as a surface treatment and application unit. It will provide a range of surface treatment, paint technology and plant equipment, as well as certain coatings brands, including Cromadex, Interpon, International and Sikkens. Original Source: Coatings World, Oct 2012, 17 (10), 14 (Website: http://www.coatingsworld.com/) © Rodman Publishing 2012
AkzoNobel writes off €3.6 bn from paint operations AkzoNobel has written off billions of Euros from its paint operations. In 1999 the company recorded a €1.2 bn write off and analysts believe that virtually all goodwill for the decorative paints division had now been written off. This casts a shadow on the acquisition of ICI for around €13 bn in 2008 which made AkzoNobel the world’s largest paint company. On 18 Oct 2012 AkzoNobel
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