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News (24)


Steel Monitor Captures Latest Market Data

A new series of reports detailing current steel trade flows involving the world’s top importing and exporting countries has been announced by the U.S. Department of Commerce.


AkzoNobel to Buy BASF Unit for $531M

In a shift of the global performance coatings landscape, global paint and coatings giant AkzoNobel has agreed to buy BASF’s industrial coatings business for €475 million ($531 million), the ...


Paints and Coatings Market Grows

Among the various paints and coatings segments, the industrial paints and coatings market is predicted to grow the fastest in terms of value, according to Global Paints and Coatings Market S...


ACA Delivers 5-Year Coatings Forecast

The U.S. paint and coatings industry is forecasted to reach a value of $25 billion in 2019, according to a new market study from the American Coatings Association (ACA).


Rooted in Recovery, Wood Coatings Grow

DALLAS--The global wood coatings market is on the rebound, its growth paved by increasing global economic stability and a rise in construction activity, a new forecast reports.


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.


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.


Review of PPG-Comex Deal Extended

PPG Industries will wait a bit longer for Mexico's decision on the company's $2.3 billion bid to take over that country's largest paint and coatings maker.


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.


PPG Swoops in on Comex

PPG Industries has announced a $2.3 billion plan to buy Mexico paint and coatings giant Comex—the same company that Sherwin-Williams unsuccessfully pursued for more than a year.


Coatings Boom Seen in China, Brazil

The still-dizzying pace of urbanization in China and mega-venues in Brazil will drive strong coating sales in those regions over the next few years, new reports forecast.


In Pakistan, Who’s No. 1?

Authorities have ordered Jotun Pakistan to stop calling itself the “No. 1 paint in Pakistan” after complaints by competitors—who make No. 1-type claims of their own.


Antimicrobial Coatings Set to Clean Up

Driven by escalating U.S. health and environmental concerns, the global antimicrobial coatings market is expected to surge by nearly 10 percent annually and top $4.5 billion by 2020, a new s...


Sherwin-Williams Sued over Failed Deal

Mexico’s largest coatings producer has filed suit against Sherwin-Williams, blaming the Cleveland paint maker for the implosion of its plan to buy the Latin American supplier, Reuters report...


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...


Sherwin-Williams Drops Comex Quest

Twice denied a regulatory blessing, the largest paint retailers in the U.S. and Mexico have finally broken off their $2.34 billion engagement.


Coatings Report Paints Bright Future

Rebounding construction, industrial output and motor vehicle production will all fuel global demand for paint and coatings by more than 5 percent annually in the years ahead, a new forecast ...


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...


AkzoNobel Plans New Wave of Downsizing

AkzoNobel continues to shrink its European footprint, with a new plan to close more than half of its German offices in the wake of recent divestments.


Valspar Makes European Industrial Push

The $6 billion European industrial coatings market is getting a new player from across the pond.


Court Battle Pits Elcometer, TQC-USA

Global coatings instrument maker Elcometer Inc. is locked in federal-court litigation with a former employee and distributor over allegations of unlawful marketing tactics designed to steal ...


AkzoNobel Adds, Subtracts in China

AkzoNobel has announced plans to invest an additional €65 million ($84.4 million U.S.) in China, to boost capacity and “improve operational excellence” at its Surface Chemistry plants in Box...


Sherwin-Williams Joins China’s Car Boom

Sherwin-Williams has waded deeper into China’s vast automotive market with the acquisition of Changzhou (Jiangsu) Pulanna Coating Co. Ltd., a leading maker of automotive coatings for the Chi...


 
 
   

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