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News (46)


Hempel Highlights Its ‘Landmark’ 2015

2015 was a momentous year for Denmark-based Hempel Group in both corporate strategy and financial terms as it reported strong results for the third year in a row in terms of turnover, earnin...


Sales, Volumes Decline in Valspar's Q1

While both sales and volumes took hits in Valspar's first quarter of fiscal 2016, the company says its Coatings segment is "well positioned for growth."


Growth Strong for Valspar in 2015

Minneapolis-based Valspar Corp. has reported another record year with the release of its fourth-quarter earnings.


Sherwin-Williams: Q3 2015 Sales Up

Despite a drop in the group that includes protective and marine coatings, the second-largest paint company in the U.S. showed an increase overall in its third quarter of 2015.


Valspar's Q3 Leads to Adjusted Outlook

International paint and coatings manufacturer Valspar reported flat net sales in its coatings segment, as well as a slight decrease in paint segment net sales in its fiscal year 2015 third q...


'A Gallon of Mmmmmm, Flesh, Please'

TUMBLR--Shopping for paint? Why not skip the regular black in favor of "The Eternal Darkness That Will One Day Consume Us All (GRO55)?" And any front door can be red, so why not reach for "T...


PPG to Acquire Industrial Coating Maker

PITTSBURGH--PPG Industries has announced an agreement to acquire IVC Industrial Coatings Inc., a U.S.-based specialty powder and liquid coatings manufacturer with 2014 sales of more than $10...


Valspar Seeds Growth Amid Q2 Declines

MINNEAPOLIS—Industrial and coil coatings grew while paint sales stalled in Valspar's second fiscal quarter of 2015, the company reported Wednesday (May 27).


Protective Market Set for Steady Growth

DALLAS—Rust will be ringing up profits at a good clip for protective-coatings makers worldwide in the years ahead, a new market forecast asserts.


AkzoNobel Reports 'Solid' Q1

AMSTERDAM—Rising revenues and operating income across all businesses graced the first quarter of 2015, despite continuing economic headwinds, AkzoNobel reported Tuesday (April 21).


PPG Q1: 'Modest' Sales, 'Subdued' Times

PITTSBURGH—Flattened sales growth and an unfavorable currency translation hit hard, but earnings climbed for PPG Industries in the first quarter of 2015, the company reported Thursday (April...


Profit Preps Hempel for Happy 100th

Coming down the home stretch of its ambitious five-year growth strategy, the Denmark-based Hempel Group is entering its 100th year with record profits and earnings, as well as tailwinds for ...


Coatings Drive Profitable Valspar Q1

Robust coating sales helped Valspar Corp. double its first-quarter profit over 2014, but the Minneapolis-based manufacturer still reduced its sales projections for the rest of fiscal 2015.


Profits Fall, But Akzo Stays the Course

Gains in protective and marine coatings, operating income and sales volume all helped AkzoNobel battle the 2014 headwinds of decorative paints and adverse currencies, leaving the company blo...


Latin American Coating Makers Unite

Aiming to strengthen their internal ties and their external clout, paint and coating makers across Latin America have formed a regional association based in Mexico.


Sherwin-Williams Rings Up a Record

Protective and marine coatings helped, but its 4,003 paint stores delivered the biggest goods to give Sherwin-Williams "another year of record performance" in 2014.


RPM's World is Flat in Q2

Carboline parent RPM International Inc. squeezed out increases in net income and earnings in the second quarter, despite flat sales, shakiness in Europe, and a disappointing nail-polish acqu...


Sherwin-Williams Reins in Outlook

Paving the way for a tempered fourth-quarter report, Sherwin-Williams has unveiled a conservative update to its 2014 earnings forecast and a mixed look at 2015.


Prison Terms Set in Marine Coating Case

The brother-owners of a Florida-based marine coatings company will serve time in prison for producing and selling a TBT-containing antifouling for years after the toxic product was banned.


2014 Coated in Success at Valspar

The Valspar Corp. is giving thanks this week for its coatings segment, where booming sales of general industrial, coil and other coatings helped deliver record results for 2014.


Valspar Deal Expands Protective Reach

Moving deeper with one stroke into the global infrastructure market, the Valspar Corp. has acquired protective and marine coatings maker Madison Chemical Industries Inc.


Sales Nail a Q3 Record for Sherwin

Protective, marine, automotive and OEM coatings all did their part, but it was the architectural business that ruled Sherwin-Williams' third quarter, ringing up a record in the process, the ...


PPG Puts Q3 in the Plus Column

Aerospace, automotive and industrial coatings growth helped fill the gaps in PPG's third quarter, giving the world's largest paint and coatings company an increase in earnings, sales and net...


RPM Remains Positive Despite Q1 Dip

RPM International says decreased profits in the first quarter of 2015 are due to an unusually strong performance in its prior year that took a toll on comparative results.


Coatings Power Up Valspar’s Q3

Buoyed by a double-digit bounce in coating sales in the third quarter, Valspar Corp. announced an improved 2014 forecast on Tuesday, forecasting nine percent sales growth for the year.


AkzoNobel Profits Plunge in Q2

Profits plummeted at AkzoNobel in the second quarter of 2014, despite improved sales volume across the coating and chemical giant's three businesses, the company reported Wednesday (July 23)...


PPG’s Earnings Streak Continues in Q2

PPG Industries says a strong European market, coupled with healthy results in all major markets, helped the coatings giant secure a second quarter sales gain and "all-time" record quarterly ...


Sales Soar at Sherwin-Williams

Nearly all of the Sherwin-Williams Company’s segments saw sales gains in both the second quarter and first half of 2014, propelling the company to record sales.


European Coatings to See Little Growth

The long-struggling Western European paint and coatings market should hold its ground in the short term, but annual growth will average no more than 2.2 percent for the next five years, acco...


PPG Retools in New Push for the Pros

Most of the U.S. purchasing power for architectural paints and coatings is now in the hands of contractors, specifiers and other professionals—a new reality that has PPG Industries rebrandin...


PPG Launches 2014 on a High Note

Shedding some businesses and adding others, the world’s largest paint and coatings company started 2014 with a bang, ringing up double-digit sales growth in the first quarter and its highest...


Ups and Downs at Sherwin-Williams

Mother Nature’s wrath and currency issues bedeviled Sherwin-Williams in the first quarter of 2014, dampening profits despite record sales.


Quart of Paint May Cost Amazon $78K

A leaking quart of Hazard Class 3 Flammable Liquid—otherwise known as high-gloss enamel—has left a costly mess for Amazon Fulfillment Services.


Valspar Sales Growth Paints Q1 Green

A 10 percent boost in its Coatings segment has the Valspar Corp. off to “a good start” in 2014, the company reported Wednesday (Feb. 12).


Sherwin-Williams Finishes Fine in 2013

Paint stores popped and protective and marine sales held to wrap Sherwin-Williams’ 2013 fiscal year with a record $10.19 billion in consolidated net sales.


‘Strange Addiction’ Coats Her in Fame

Bad practices in painting and coatings has a new poster child, and her name is Heather.


Sales Drive Standout Quarter at RPM

Carboline parent RPM International Inc. delivered a record second quarter and blockbuster first half of FY 2014, riding a wave of sales volume growth on both the industrial and consumer side...


Industrial Coatings Hold Back Valspar

Struggling sales of general industrial coatings fueled a 14 percent fourth-quarter decline in profits at the Valspar Corp., the company reported Tuesday (Nov. 19).


Mexico Again Rejects Sherwin Deal

Mexican anti-trust regulators have once again blocked Sherwin-Williams’ push for Latin American domination, nixing the Cleveland company’s $2.34 billion bid for rival Consorcio Comex, S.A. d...


AkzoNobel Revenues Slide in Q3

Divestments and exchange rates clobbered third-quarter sales gains in protective, industrial, automotive and aerospace coatings at AkzoNobel, driving down overall revenues 5 percent, the com...


Another CEO Fired at Benjamin Moore

For the second time in 15 months, Warren E. Buffett has abruptly canned the head of his paint and coatings business.


AkzoNobel Dims Decorative in Germany

AkzoNobel's Decorative Paints business continues its crash diet, with a newly announced plan to shed its German paint stores immediately after selling off its North American unit.


Industrial No Help to Valspar in Q2

Declining demand for pipeline and other industrial coatings stunted Valspar Corp.'s growth in the second quarter, but the company notched improved performance overall, buoyed by strength on ...


ACA Fights Customer Disclosure Plan

What's more important: the privacy of a customer list or the possible need to reach those customers about product dangers?


U.S. Probe Hands RPM a $42M Loss in Q3

Despite growing sales, Carboline parent RPM International reported a loss for the third quarter, due to adjustments related to a federal investigation and the closing of one of its businesse...


Gloss is Off in Valspar’s 1st Quarter

International markets flattened coatings and dinged paint sales in Valspar's first quarter, forcing the Minneapolis manufacturer to reduce its full-year guidance for 2013.


 
 
   

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