- Email: [email protected]
Think tank: M&A activity cools in uncertain times
FOCUS
ENVIRONMENT Country focus: India’s future is looking green The Indian paint sector, valued at an estimated Rup 290 bn ($5.2 bn) in 2011-2012, is working to create a greener future. Paint makers are now embracing best manufacturing practices and are boosting the share of eco-friendly paints in their offerings. Several paint producers have already adopted non-lead paints and have now been promoting low Volatile Organic Compounds. Aside from production, companies are also spending huge amounts for product campaigns and advertising to convey the benefits of eco-friendly, low VOC and zero-lead products. On the other hand, the country’s paint sector is likely to witness a downturn in 2012-2013, with volume growth projected to dip to 8% from 12% year on year and value growth to 15% from 22% year on year. Original Source: APCJ, Asia Pacific Coatings Journal, Oct/Nov 2012, 25 (5), 9 (Website: http://www.asiapacificcoatingsjournal.com/) © Quartz Business Media Ltd 2012
MARKETS Black and white pigments market Carbon black and titanium dioxide pigments manufacturers have unveiled a number of new offerings for the coatings market. Emerald Hitlon Davis now supplies zero VOC, formaldehyde-free, APE-free Verdis dispersion products. The colorants product line includes a carbon black dispersion providing high quality colours for in-plant tinting. Emerald also markets a new range of energy cure colorants, under the name Lucida Colors. New from Cabot Corp is Emperor 1800, a high colour carbon black formulated for ease of dispersion in water-based systems. Meanwhile, DuPont Titanium Technologies has disclosed a global expansion that will increase capacity at its facility JANUARY 2013
ON
POWDER
in Altamira, Mexico and other sites around the world by 350,000 tonnes. The new unit at Altamira is slated to be completed by 2015. The firm has been supplying TiPure products to the coatings industry for over 80 years. Original Source: Coatings World, Oct 2012, 17 (10), 40-41 (Website: http://www.coatingsworld.com/) © Rodman Publishing 2012
Investments in China continue to expand Major international paint makers continue to build up their operations in China to meet rising domestic demand. In 2011, paints and coatings consumption in the country reached just over 11 M tons. AkzoNobel intends to spend about €60 M to boost the output capacity of its automotive and aerospace coatings business in China. The firm will build a new factory in Changzhou and related warehousing, quality control laboratories, support facilities and offices. The project will boost AkzoNobel’s capacity by about 25 M litres. The plant is expected to come online in early 2014. Jotun recently inaugurated a new powder coatings factory and regional research and development facility in Zhangjiangang, Jiangsu Province. The R&D centre will primarily develop products for coatings, paint and powder coatings. Protective coatings provider Hempel has inaugurated a new production plant and research and development centre in Guangzhou, China. The factory is expected to make over 42 M litres/y of coatings, with a maximum output capacity of 55 M litres. Other investments in China’s paints, coatings, adhesives and sealants sectors are presented. Original Source: Coatings World, Oct 2012, 17 (10), 42,44,46,48-49 (Website: http://www.coatingsworld.com/) © Rodman Publishing 2012
Industrial Nanotech Inc issues update Industrial Nanotech Inc, an emerging global leader in
C O AT I N G S nanotechnology based energy saving and sustainable solutions is pleased to update its shareholders and supporters of recent activity and progress. The company has worked diligently to establish substantial relationships and progress in market sectors that provide the opportunity for significant growth in 2013 and beyond. Projects that factor into its outlook for 2013 include: In the roof coating insulation market, the company is seeing a large increase in sales volume to consumers and corporations using its Nansulate Crystal clear insulating. The company is continuing its expansion into the Oil & Gas market, after two successful projects with Galp Energia in Portugal plus heavy marketing to this sector. Industrial Nanotech continues to strengthen its national and international distributorship network with new relationships announced earlier in 2012 in several countries, including Columbia and Venezuela with DuPont Power Coatings Andina. It has also brought on distributors this year in India, Malaysia, Norway, Spain, and Oman, and plans to finalize relationships for several other countries in 1H 2013. Original Source: Nanotechnology Now, 5 Nov 2012, (Website: http://www.nanotechnow.com/) © 7thWave Inc 2012
Think tank: M&A activity cools in uncertain times Chemicals merger and acquisition (M&A) activity is expected to slow further owing to the present demand uncertainty, and 2012 could be similar to 2010 in terms of deal value, but down on 2011 levels. Several relatively major deals have been finalized in the last few months, and financial buyers have been major players. Carlyle Group’s $4.9 bn (€3.8 bn) acquisition of DuPont Performance Coatings was agreed at end-Aug 2012. In Oct 2012, Advent International agreed to purchase Cytec Coating Resins for $1.03 bn. A trend is 7
FOCUS increased activity from companies based in the Middle East and Asia. Since 2007, around 35% of all chemicals M&A came from Asia and the Middle East. In fact, 15% of all chemical buyouts were outbound M&A from the two regions. Original Source: ICIS Chemical Business, 29 Oct 2012, (Website: http://icischemicalbusiness.com) © Reed Business Information Limited 2012
Country focus: China: the struggle to supply China’s specialist coatings markets
EVENTS
China is likely to slowly reduce its reliance on imported coatings,
18-21 March 2013
ON
POWDER
thanks to government support for high-end uses in the 12th FiveYear Plan period (2011-2015), along with R&D efforts and the localization of multinational firms to address the increasing domestic demand. AkzoNobel has recently opened new facilities in Chengdu and Wuhan, and plans to launch a new plant in Ningbo in 2014. The firm aims to boost its Chinese sales to $3 bn by 2015. Also, AkzoNobel formed a jv with Guangxi CAVA Titanium Industry Co for the production of titanium dioxide in a bid to secure supply of raw materials, locally. Dow Coating Materials on the other hand, revealed it is
C O AT I N G S prioritizing the conversion of industrial coatings from solventborne to waterborne in the domestic market. In 2011, the company rolled out its Oudra range of maintenance and protective coatings, which are targeted at freight container, pipeline and can coatings applications. Japan’s Nippon Paint meanwhile, is working to secure a slice of the growing non-VOC and eco-friendly coatings market. Original Source: APCJ, Asia Pacific Coatings Journal, Oct/Nov 2012, 25 (5), 12-13 (Website: http://www.asiapacificcoatingsjournal.com/) © Quartz Business Media Ltd 2012
European Coatings Show and Congress Nuremberg, Germany Matthias Janz, Vincentz Network, Plathnerstrasse 4c, 30175 Hannover, Germany Tel: +49 511 99 10273. E-mail: [email protected] Website: http://www.european-coatings-show.com/en
Focus on Powder Coatings (ISSN 1364-5439) is published monthly by Elsevier Ltd. 2013 annual subscription rate: US$1351/€1197 (in Europe)/¥159,700 (in Japan) Material published in Focus on Powder Coatings includes abstracts sourced from Chemical Business NewsBase (CBNB) (E-mail: [email protected]) CBNB is available as part of a subscription to Ei’s EngineeringVillage discovery platform. Visit our website for more details: http://www.ei.org/engineering-village Enquiries, electronic access and samples E-mail: [email protected] Website: http://www.sciencedirect.com For orders for Europe, Middle East and Africa Journals Customer Service, The Boulevard, Langford Lane, Kidlington, Oxford OX1 5GB, UK. Tel: +44 (0) 1865 843434. E-mail: [email protected] For orders for the Americas Journals Customer Service, 11830 Westline Industrial Drive, St Louis, MO 63146, USA. US Customers: Toll-free: +1 877 839 7126. Customers Outside US: Tel: +1 314 453 7076. E-mail: [email protected] For orders for other locations Journals Customer Service, 3 Killiney Road #08-01, Winsland House I, Singapore 239519. Tel: +65 6349 0222. E-mail: [email protected]
Permissions may be sought directly from Elsevier Global Rights Department, PO Box 800, Oxford OX5 1DX, UK. Tel: +44 (0) 1865 843830. Fax: +44 (0) 1865 853333. E-mail: [email protected]. You may also contact Global Rights directly through Elsevier’s home page (http://www.elsevier.com), by selecting ‘User Resources’, then ‘Support and Contact’, then ‘Permissions’. Derivative Works Subscribers may reproduce tables of contents or prepare lists of articles including abstracts for internal circulation within their institutions. Permission of the publisher is required for resale or distribution outside the institution. Permission of the publisher is required for all other derivative works, including compilations and translations. Electronic Storage or Usage Permission of the publisher is required to store or use electronically any material contained in this journal, including any article or part of an article. Contact the publisher at the address indicated. Except as outlined above, no part of this publication may be reproduced, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording or otherwise, without prior written permission of the publisher. Notice No responsibility is assumed by the publisher for any injury and/or damage to persons or property as a matter of products liability, negligence or otherwise, or from any use or operation of any methods, products, instructions or ideas contained in the material herein. Typeset by Chat Noir Design, France Printed by Mayfield Press (Oxford) © 2013 Elsevier Ltd. All rights reserved
ENVIRONMENT Country focus: India’s future is looking green The Indian paint sector, valued at an estimated Rup 290 bn ($5.2 bn) in 2011-2012, is working to create a greener future. Paint makers are now embracing best manufacturing practices and are boosting the share of eco-friendly paints in their offerings. Several paint producers have already adopted non-lead paints and have now been promoting low Volatile Organic Compounds. Aside from production, companies are also spending huge amounts for product campaigns and advertising to convey the benefits of eco-friendly, low VOC and zero-lead products. On the other hand, the country’s paint sector is likely to witness a downturn in 2012-2013, with volume growth projected to dip to 8% from 12% year on year and value growth to 15% from 22% year on year. Original Source: APCJ, Asia Pacific Coatings Journal, Oct/Nov 2012, 25 (5), 9 (Website: http://www.asiapacificcoatingsjournal.com/) © Quartz Business Media Ltd 2012
MARKETS Black and white pigments market Carbon black and titanium dioxide pigments manufacturers have unveiled a number of new offerings for the coatings market. Emerald Hitlon Davis now supplies zero VOC, formaldehyde-free, APE-free Verdis dispersion products. The colorants product line includes a carbon black dispersion providing high quality colours for in-plant tinting. Emerald also markets a new range of energy cure colorants, under the name Lucida Colors. New from Cabot Corp is Emperor 1800, a high colour carbon black formulated for ease of dispersion in water-based systems. Meanwhile, DuPont Titanium Technologies has disclosed a global expansion that will increase capacity at its facility JANUARY 2013
ON
POWDER
in Altamira, Mexico and other sites around the world by 350,000 tonnes. The new unit at Altamira is slated to be completed by 2015. The firm has been supplying TiPure products to the coatings industry for over 80 years. Original Source: Coatings World, Oct 2012, 17 (10), 40-41 (Website: http://www.coatingsworld.com/) © Rodman Publishing 2012
Investments in China continue to expand Major international paint makers continue to build up their operations in China to meet rising domestic demand. In 2011, paints and coatings consumption in the country reached just over 11 M tons. AkzoNobel intends to spend about €60 M to boost the output capacity of its automotive and aerospace coatings business in China. The firm will build a new factory in Changzhou and related warehousing, quality control laboratories, support facilities and offices. The project will boost AkzoNobel’s capacity by about 25 M litres. The plant is expected to come online in early 2014. Jotun recently inaugurated a new powder coatings factory and regional research and development facility in Zhangjiangang, Jiangsu Province. The R&D centre will primarily develop products for coatings, paint and powder coatings. Protective coatings provider Hempel has inaugurated a new production plant and research and development centre in Guangzhou, China. The factory is expected to make over 42 M litres/y of coatings, with a maximum output capacity of 55 M litres. Other investments in China’s paints, coatings, adhesives and sealants sectors are presented. Original Source: Coatings World, Oct 2012, 17 (10), 42,44,46,48-49 (Website: http://www.coatingsworld.com/) © Rodman Publishing 2012
Industrial Nanotech Inc issues update Industrial Nanotech Inc, an emerging global leader in
C O AT I N G S nanotechnology based energy saving and sustainable solutions is pleased to update its shareholders and supporters of recent activity and progress. The company has worked diligently to establish substantial relationships and progress in market sectors that provide the opportunity for significant growth in 2013 and beyond. Projects that factor into its outlook for 2013 include: In the roof coating insulation market, the company is seeing a large increase in sales volume to consumers and corporations using its Nansulate Crystal clear insulating. The company is continuing its expansion into the Oil & Gas market, after two successful projects with Galp Energia in Portugal plus heavy marketing to this sector. Industrial Nanotech continues to strengthen its national and international distributorship network with new relationships announced earlier in 2012 in several countries, including Columbia and Venezuela with DuPont Power Coatings Andina. It has also brought on distributors this year in India, Malaysia, Norway, Spain, and Oman, and plans to finalize relationships for several other countries in 1H 2013. Original Source: Nanotechnology Now, 5 Nov 2012, (Website: http://www.nanotechnow.com/) © 7thWave Inc 2012
Think tank: M&A activity cools in uncertain times Chemicals merger and acquisition (M&A) activity is expected to slow further owing to the present demand uncertainty, and 2012 could be similar to 2010 in terms of deal value, but down on 2011 levels. Several relatively major deals have been finalized in the last few months, and financial buyers have been major players. Carlyle Group’s $4.9 bn (€3.8 bn) acquisition of DuPont Performance Coatings was agreed at end-Aug 2012. In Oct 2012, Advent International agreed to purchase Cytec Coating Resins for $1.03 bn. A trend is 7
FOCUS increased activity from companies based in the Middle East and Asia. Since 2007, around 35% of all chemicals M&A came from Asia and the Middle East. In fact, 15% of all chemical buyouts were outbound M&A from the two regions. Original Source: ICIS Chemical Business, 29 Oct 2012, (Website: http://icischemicalbusiness.com) © Reed Business Information Limited 2012
Country focus: China: the struggle to supply China’s specialist coatings markets
EVENTS
China is likely to slowly reduce its reliance on imported coatings,
18-21 March 2013
ON
POWDER
thanks to government support for high-end uses in the 12th FiveYear Plan period (2011-2015), along with R&D efforts and the localization of multinational firms to address the increasing domestic demand. AkzoNobel has recently opened new facilities in Chengdu and Wuhan, and plans to launch a new plant in Ningbo in 2014. The firm aims to boost its Chinese sales to $3 bn by 2015. Also, AkzoNobel formed a jv with Guangxi CAVA Titanium Industry Co for the production of titanium dioxide in a bid to secure supply of raw materials, locally. Dow Coating Materials on the other hand, revealed it is
C O AT I N G S prioritizing the conversion of industrial coatings from solventborne to waterborne in the domestic market. In 2011, the company rolled out its Oudra range of maintenance and protective coatings, which are targeted at freight container, pipeline and can coatings applications. Japan’s Nippon Paint meanwhile, is working to secure a slice of the growing non-VOC and eco-friendly coatings market. Original Source: APCJ, Asia Pacific Coatings Journal, Oct/Nov 2012, 25 (5), 12-13 (Website: http://www.asiapacificcoatingsjournal.com/) © Quartz Business Media Ltd 2012
European Coatings Show and Congress Nuremberg, Germany Matthias Janz, Vincentz Network, Plathnerstrasse 4c, 30175 Hannover, Germany Tel: +49 511 99 10273. E-mail: [email protected] Website: http://www.european-coatings-show.com/en
Focus on Powder Coatings (ISSN 1364-5439) is published monthly by Elsevier Ltd. 2013 annual subscription rate: US$1351/€1197 (in Europe)/¥159,700 (in Japan) Material published in Focus on Powder Coatings includes abstracts sourced from Chemical Business NewsBase (CBNB) (E-mail: [email protected]) CBNB is available as part of a subscription to Ei’s EngineeringVillage discovery platform. Visit our website for more details: http://www.ei.org/engineering-village Enquiries, electronic access and samples E-mail: [email protected] Website: http://www.sciencedirect.com For orders for Europe, Middle East and Africa Journals Customer Service, The Boulevard, Langford Lane, Kidlington, Oxford OX1 5GB, UK. Tel: +44 (0) 1865 843434. E-mail: [email protected] For orders for the Americas Journals Customer Service, 11830 Westline Industrial Drive, St Louis, MO 63146, USA. US Customers: Toll-free: +1 877 839 7126. Customers Outside US: Tel: +1 314 453 7076. E-mail: [email protected] For orders for other locations Journals Customer Service, 3 Killiney Road #08-01, Winsland House I, Singapore 239519. Tel: +65 6349 0222. E-mail: [email protected]
Permissions may be sought directly from Elsevier Global Rights Department, PO Box 800, Oxford OX5 1DX, UK. Tel: +44 (0) 1865 843830. Fax: +44 (0) 1865 853333. E-mail: [email protected]. You may also contact Global Rights directly through Elsevier’s home page (http://www.elsevier.com), by selecting ‘User Resources’, then ‘Support and Contact’, then ‘Permissions’. Derivative Works Subscribers may reproduce tables of contents or prepare lists of articles including abstracts for internal circulation within their institutions. Permission of the publisher is required for resale or distribution outside the institution. Permission of the publisher is required for all other derivative works, including compilations and translations. Electronic Storage or Usage Permission of the publisher is required to store or use electronically any material contained in this journal, including any article or part of an article. Contact the publisher at the address indicated. Except as outlined above, no part of this publication may be reproduced, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording or otherwise, without prior written permission of the publisher. Notice No responsibility is assumed by the publisher for any injury and/or damage to persons or property as a matter of products liability, negligence or otherwise, or from any use or operation of any methods, products, instructions or ideas contained in the material herein. Typeset by Chat Noir Design, France Printed by Mayfield Press (Oxford) © 2013 Elsevier Ltd. All rights reserved