- Email: [email protected]
The Russian market
F O C U S depreciation and amortisation margin of at least 14% by the end of 2011. The Dutch group said it plans to deliver synergies from the ICI takeover faster and complete the integration by 2010. The Independent, 30 Sep 2008, (Website: http://www.independent.co.uk)
Paints: PPG restructures its operations Paints and coatings producer PPG has announced a restructuring programme following its acquisition of Dutch company SigmaKalon for $3.1 bn. The deal (which was finalized in Jan 2008) made PPG the world’s second largest producer after Dutch group AkzoNobel. SigmaKalon owns the Avi brand (which covers Total and Petrofina’s businesses in this sector). PPG hopes to achieve savings of $100 M from reorganizing its production. The company is to close paints units in Clarkson, Canada in 2Q 2009 and in Geldermalsen, in the Netherlands in 3Q 2009. These sites employ 150 and 111 people respectively. PPG will also close its glass products factories in Owen Sound, Canada (with the loss of 170 jobs) and a glass production line in Mount Zion, in the US. The company is also planning to close other units in N America. In order to cover its restructuring costs, PPG will register exceptional charges before tax of $160 M against in 3Q 2008 results. The group has announced that its 3Q 2008 results will be affected by other exceptional elements ($35-40 M), particularly the storms in Louisiana, which forced the temporary closure of some of its installations. PPG has also had to deal with falling demand from the automobile and building sectors and it may announce further restructuring in 2009. Chimie Pharma Hebdo, 29 Sep 2008, (438), 9 (in French)
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AkzoNobel opens new protective coatings site in China AkzoNobel has started a new site for production and sales of protective coatings at a cost of €23 M in Suzhou, China. The company is targeting $2 bn revenue by 2012 and 50 M l production level over the next ten years. Chemical Engineering World, Aug 2008, 43 (8), 32
Antimicrobial products: DuPont Powder Coatings relying on natural silver-based solution US group DuPont is to use its compatriot Agion Technologies’ natural silver-based antimicrobial solutions in its Alesta powder paint range. This range is designed for applications where cleanliness is essential. Agion’s antimicrobial agent works by regularly releasing silver ions onto the surface. Thanks to this controlled release, DuPont’s coatings retain their antimicrobial properties throughout their lifespan. Chimie Pharma Hebdo, 29 Sep 2008, (438), 14 (in French)
Asian Paints 1Q 2008 (period ended 30 Jun 2008): audited financial results For its first quarter ended 30 Jun 2008, Asian Paints Ltd has reported total income of Rupees 10.11 bn (Rupees 7.48 bn for the same period of 2007), profit before tax of Rupees 1.45 bn (Rupees 1.12 bn), net profit of Rupees 0.98 bn (Rupees 0.74 bn), and basic & diluted EPS of Rupees 10.22 (Rupees 7.74). The company manufactures paint, phthalic anhydride, and pentaerythritol. Asian Paints Audited Financial Results 1Q 2008-2009 (period ended 30 Jun 2008), 22 Jul 2008, 1 (Asian Paints Ltd, Asian Paints House, 6A Shanti Nagar, Vakola Pipeline, Santacruz (E), Mumbai 400055, India, tel: +91 22 398 18600, fax: +91 22 398 18805, website: http://www.asianpaints.com)
C OAT I N G S
EQUIPMENT Instant-cure powder coating system Engineers at the Tenghis/Chevron pipeline project in the extreme sub-zero climate of Kazakhstan recently tested a Xiom 1000 by applying anti-corrosion coatings to the welded pipe field joints. Following these trials engineers have been adapting this technology to coat the external surfaces of whole pipes. At present the pipeline section are pre-coated in France and shipped out to the oilfields where they often arrive with the coating damaged and in need of repair. The Xiom spray gun is a versatile, hand-held gun operating with oxygen, propane and air. It is portable, light and can be used anywhere on site. The system can apply specialised powder coatings such as nylons, epoxies, thermosets, thermoplastics, antislip and “glow-in-the-dark” coatings to almost any substrate, including concrete, wood, fibreglass, metals, glass and polyurethane. The system can be set up within one hour. Xiom 5000 was launched earlier this year and it has the capability to apply coatings at five times the rate of the Xiom 1000, using the same controls with minimum modification. Press release from: Xiom Europe, website: http://www.xiomeurope.com
MARKETS The Russian market A paper delivered at the recent Fatipec 2008 Congress gave a detailed account of the Russian 2007 coatings market, together with comparative figures for the years 2005 and 2006. Statistics showing the development of the Russian markets were first outlined. The
NOVEMBER 2008
F O C U S population in Russia is estimated to be 142.2 M people in 2007, which is a surprising and steady decline since the 2005 estimate of 143.4 M. The GDP volume in 2005 was US$763 bn, expanding to US$979 bn in 2006 and increasing to US$1286 bn in 2007. The growth rate of GDP at 6.4% in 2005 rose to 7.4% in 2006 and increased to 8.1% in 2007, while the GDP per capita (in US$) rose from $5320 bn in 2005 to $6856 bn in 2006, reaching $9044 bn in 2007. Foreign direct investment in 2005 was US$12.8 bn increasing to US$28.7 bn in 2006 to reach US$45 bn in 2007. Their industrial output, measured in US$bn, was 120.1 in 2005, 124.8 in 2006 and 132.6 in 2007, showing industrial output growth (% y-o-y) of 104.0 in 2005, 103.9 in 2006, and 106.3 in 2007. Percentage inflation was 10.9 in 2005, 9 in 2006 and 11.9 in 2007. Real disposable income (%) was 12.4 in 2005, 13.3 in 2006 and 10.4 in 2007. The average monthly wage (US$) was 302 in 2005, 395.6 in 2006 and 512.5 in 2007. The paper also contains a list of the leading producers of paints and coatings with their share of the total Russian market. Two companies head the list: Teks with 12.3% and Empils at 10.5%. The remaining companies have shares no larger than 4.4%. In 2007 the total paints and coatings consumption was 1.08 M tonnes. A pie chart shows the breakdown of the paint and coatings market. Decorative coatings accounted for 54% of the market, followed by industrial coatings, excluding Automotive OEM coatings, at 29%. Special purpose paints and coatings 9%; automotive OEM 4%, and automotive refinishes 4%. The breakdown of the industrial and special purpose coatings with a total market capacity of 457,000 tonnes placed the woodworking industry and furniture way ahead at
NOVEMBER 2008
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65,000 tonnes; automotive 32,000 tonnes, agricultural and other special engineering at 30,000 tonnes, road building industry 25,000 tonnes. Other tonnages include: metallurgy industry 18,000; metalware construction 14,000; railway transport industry 11,000; shipbuilding 8000; aircraft industry 8000; oil and gas industry 8000; and electrical industry 8000. The annual growth rate is between 2 and 6% with the highest growth rates shown by the automotive industry, the railway transport industry, metal working industry and the woodworking industry. The leading producers are also listed together with the foreign countries imports. Included in the paper are details of the decorative, automotive OEM and automotive refinishing markets. The consumption of powder coatings in Russia exceeds 40,000 tonnes and the market growth is estimated at 25-30%/y. This figure is considerably greater than the growth prospects in the other coatings markets. At the present time, domestic production of powder coatings in Russia is about 15% of the total volume. The leading producers are: Yaroslavl Powder Coatings Plant; Gatchina Powder Coatings Plant; RPC (Pigment) and Ohta Powder Coatings Plant. The main trends of the paints and coatings market in Russia are: a stable growth of about 10%/y, with a total consumption exceeding 1 M tonnes/y, and there are about 300 competitors in the market with old leaders being displaced by new producers. New global players have entered the market including Akzo Nobel, BASF, Tikkurila and Meffet. There is a steady demand for waterborne and expensive coatings. Raw material supply is an issue since there is a shortage of domestic raw materials such as titanium dioxide and binder systems, and there is motivation
C OAT I N G S for domestic producers to export. Ecological legislation is tending to follow European requirements, notably implementation of REACH and limitation of VOCs. Paper entitled “The Russian Paint and Coatings Market” presented at the recent 29th Fatipec 2008 Congress on Recent Innovations and Future Challenges for the Coatings and Inks Industries, in Ghent Belgium on 9-11 Jun 2008. Copies of the Congress papers in CD format are available from Destree Organisation, Congress Secretariat, email: [email protected]
CONFERENCE RadTech Europe presents the first UV/EB academy in the Netherlands The Hague, 14 October 2008 – RadTech Europe presents a twoday radiation curing event entitled “UV/EB: The Perfect Cure” at the Corus site in IJmuiden, the Netherlands on 2 and 3 December this year. On the first day, RadTech Europe launches its Academy in collaboration with Corus and Swansea University, especially organized for new company or laboratory staff with a basic knowledge of chemistry or mechanical engineering but less experienced with UV/EB. The second day is dedicated to industrial applications for metal and coatings with an emphasis on economic use, environmental concerns, processing and energy savings. During this unique event, field experts of suppliers and manufactures, and end-users enable interested applicants of UV/EB to learn about the state of the art of chemicals, formulations and equipment for metal and coil coating. Case studies underline the present possibilities. The lecturers will deal with the various aspects in general of raw materials, formulations and equipment for implementing UV and EB. RadTech Europe is delighted that there is a huge of interest within the top players in the industry to contribute and
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Paints: PPG restructures its operations Paints and coatings producer PPG has announced a restructuring programme following its acquisition of Dutch company SigmaKalon for $3.1 bn. The deal (which was finalized in Jan 2008) made PPG the world’s second largest producer after Dutch group AkzoNobel. SigmaKalon owns the Avi brand (which covers Total and Petrofina’s businesses in this sector). PPG hopes to achieve savings of $100 M from reorganizing its production. The company is to close paints units in Clarkson, Canada in 2Q 2009 and in Geldermalsen, in the Netherlands in 3Q 2009. These sites employ 150 and 111 people respectively. PPG will also close its glass products factories in Owen Sound, Canada (with the loss of 170 jobs) and a glass production line in Mount Zion, in the US. The company is also planning to close other units in N America. In order to cover its restructuring costs, PPG will register exceptional charges before tax of $160 M against in 3Q 2008 results. The group has announced that its 3Q 2008 results will be affected by other exceptional elements ($35-40 M), particularly the storms in Louisiana, which forced the temporary closure of some of its installations. PPG has also had to deal with falling demand from the automobile and building sectors and it may announce further restructuring in 2009. Chimie Pharma Hebdo, 29 Sep 2008, (438), 9 (in French)
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AkzoNobel opens new protective coatings site in China AkzoNobel has started a new site for production and sales of protective coatings at a cost of €23 M in Suzhou, China. The company is targeting $2 bn revenue by 2012 and 50 M l production level over the next ten years. Chemical Engineering World, Aug 2008, 43 (8), 32
Antimicrobial products: DuPont Powder Coatings relying on natural silver-based solution US group DuPont is to use its compatriot Agion Technologies’ natural silver-based antimicrobial solutions in its Alesta powder paint range. This range is designed for applications where cleanliness is essential. Agion’s antimicrobial agent works by regularly releasing silver ions onto the surface. Thanks to this controlled release, DuPont’s coatings retain their antimicrobial properties throughout their lifespan. Chimie Pharma Hebdo, 29 Sep 2008, (438), 14 (in French)
Asian Paints 1Q 2008 (period ended 30 Jun 2008): audited financial results For its first quarter ended 30 Jun 2008, Asian Paints Ltd has reported total income of Rupees 10.11 bn (Rupees 7.48 bn for the same period of 2007), profit before tax of Rupees 1.45 bn (Rupees 1.12 bn), net profit of Rupees 0.98 bn (Rupees 0.74 bn), and basic & diluted EPS of Rupees 10.22 (Rupees 7.74). The company manufactures paint, phthalic anhydride, and pentaerythritol. Asian Paints Audited Financial Results 1Q 2008-2009 (period ended 30 Jun 2008), 22 Jul 2008, 1 (Asian Paints Ltd, Asian Paints House, 6A Shanti Nagar, Vakola Pipeline, Santacruz (E), Mumbai 400055, India, tel: +91 22 398 18600, fax: +91 22 398 18805, website: http://www.asianpaints.com)
C OAT I N G S
EQUIPMENT Instant-cure powder coating system Engineers at the Tenghis/Chevron pipeline project in the extreme sub-zero climate of Kazakhstan recently tested a Xiom 1000 by applying anti-corrosion coatings to the welded pipe field joints. Following these trials engineers have been adapting this technology to coat the external surfaces of whole pipes. At present the pipeline section are pre-coated in France and shipped out to the oilfields where they often arrive with the coating damaged and in need of repair. The Xiom spray gun is a versatile, hand-held gun operating with oxygen, propane and air. It is portable, light and can be used anywhere on site. The system can apply specialised powder coatings such as nylons, epoxies, thermosets, thermoplastics, antislip and “glow-in-the-dark” coatings to almost any substrate, including concrete, wood, fibreglass, metals, glass and polyurethane. The system can be set up within one hour. Xiom 5000 was launched earlier this year and it has the capability to apply coatings at five times the rate of the Xiom 1000, using the same controls with minimum modification. Press release from: Xiom Europe, website: http://www.xiomeurope.com
MARKETS The Russian market A paper delivered at the recent Fatipec 2008 Congress gave a detailed account of the Russian 2007 coatings market, together with comparative figures for the years 2005 and 2006. Statistics showing the development of the Russian markets were first outlined. The
NOVEMBER 2008
F O C U S population in Russia is estimated to be 142.2 M people in 2007, which is a surprising and steady decline since the 2005 estimate of 143.4 M. The GDP volume in 2005 was US$763 bn, expanding to US$979 bn in 2006 and increasing to US$1286 bn in 2007. The growth rate of GDP at 6.4% in 2005 rose to 7.4% in 2006 and increased to 8.1% in 2007, while the GDP per capita (in US$) rose from $5320 bn in 2005 to $6856 bn in 2006, reaching $9044 bn in 2007. Foreign direct investment in 2005 was US$12.8 bn increasing to US$28.7 bn in 2006 to reach US$45 bn in 2007. Their industrial output, measured in US$bn, was 120.1 in 2005, 124.8 in 2006 and 132.6 in 2007, showing industrial output growth (% y-o-y) of 104.0 in 2005, 103.9 in 2006, and 106.3 in 2007. Percentage inflation was 10.9 in 2005, 9 in 2006 and 11.9 in 2007. Real disposable income (%) was 12.4 in 2005, 13.3 in 2006 and 10.4 in 2007. The average monthly wage (US$) was 302 in 2005, 395.6 in 2006 and 512.5 in 2007. The paper also contains a list of the leading producers of paints and coatings with their share of the total Russian market. Two companies head the list: Teks with 12.3% and Empils at 10.5%. The remaining companies have shares no larger than 4.4%. In 2007 the total paints and coatings consumption was 1.08 M tonnes. A pie chart shows the breakdown of the paint and coatings market. Decorative coatings accounted for 54% of the market, followed by industrial coatings, excluding Automotive OEM coatings, at 29%. Special purpose paints and coatings 9%; automotive OEM 4%, and automotive refinishes 4%. The breakdown of the industrial and special purpose coatings with a total market capacity of 457,000 tonnes placed the woodworking industry and furniture way ahead at
NOVEMBER 2008
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POWDER
65,000 tonnes; automotive 32,000 tonnes, agricultural and other special engineering at 30,000 tonnes, road building industry 25,000 tonnes. Other tonnages include: metallurgy industry 18,000; metalware construction 14,000; railway transport industry 11,000; shipbuilding 8000; aircraft industry 8000; oil and gas industry 8000; and electrical industry 8000. The annual growth rate is between 2 and 6% with the highest growth rates shown by the automotive industry, the railway transport industry, metal working industry and the woodworking industry. The leading producers are also listed together with the foreign countries imports. Included in the paper are details of the decorative, automotive OEM and automotive refinishing markets. The consumption of powder coatings in Russia exceeds 40,000 tonnes and the market growth is estimated at 25-30%/y. This figure is considerably greater than the growth prospects in the other coatings markets. At the present time, domestic production of powder coatings in Russia is about 15% of the total volume. The leading producers are: Yaroslavl Powder Coatings Plant; Gatchina Powder Coatings Plant; RPC (Pigment) and Ohta Powder Coatings Plant. The main trends of the paints and coatings market in Russia are: a stable growth of about 10%/y, with a total consumption exceeding 1 M tonnes/y, and there are about 300 competitors in the market with old leaders being displaced by new producers. New global players have entered the market including Akzo Nobel, BASF, Tikkurila and Meffet. There is a steady demand for waterborne and expensive coatings. Raw material supply is an issue since there is a shortage of domestic raw materials such as titanium dioxide and binder systems, and there is motivation
C OAT I N G S for domestic producers to export. Ecological legislation is tending to follow European requirements, notably implementation of REACH and limitation of VOCs. Paper entitled “The Russian Paint and Coatings Market” presented at the recent 29th Fatipec 2008 Congress on Recent Innovations and Future Challenges for the Coatings and Inks Industries, in Ghent Belgium on 9-11 Jun 2008. Copies of the Congress papers in CD format are available from Destree Organisation, Congress Secretariat, email: [email protected]
CONFERENCE RadTech Europe presents the first UV/EB academy in the Netherlands The Hague, 14 October 2008 – RadTech Europe presents a twoday radiation curing event entitled “UV/EB: The Perfect Cure” at the Corus site in IJmuiden, the Netherlands on 2 and 3 December this year. On the first day, RadTech Europe launches its Academy in collaboration with Corus and Swansea University, especially organized for new company or laboratory staff with a basic knowledge of chemistry or mechanical engineering but less experienced with UV/EB. The second day is dedicated to industrial applications for metal and coatings with an emphasis on economic use, environmental concerns, processing and energy savings. During this unique event, field experts of suppliers and manufactures, and end-users enable interested applicants of UV/EB to learn about the state of the art of chemicals, formulations and equipment for metal and coil coating. Case studies underline the present possibilities. The lecturers will deal with the various aspects in general of raw materials, formulations and equipment for implementing UV and EB. RadTech Europe is delighted that there is a huge of interest within the top players in the industry to contribute and
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