Coatings Industry News

Main News Page


SSPC, NACE Enter into Definitive Agreement

Wednesday, July 8, 2020

Comment | More

SSPC: The Society for Protective Coatings and NACE International, The Corrosion Society announced last week that the two groups have officially entered into a definitive agreement to combine.

“This is an important and exciting step forward for everyone involved in the fields of corrosion and coatings,” said SSPC President-Elect Sam Scaturro. “We’re bringing together the best of two strong organizations and providing our stakeholders with more value at a time when they need it.”

SSPC/NACE Merger History

In March 2019, the two organizations announced the beginning of merger talks. By August, the organizations announced the mutual decision to bring McKinley Advisors on board as a guiding entity for the two organizations’ merger discussions, in addition to advising the organizations through considerations related to strategic, financial and cultural barriers, among others.

At the beginning of this year, the organizations began releasing a series of updates, beginning Jan. 10, which gave a future overview of both update schedules and discussion-related milestones.

PeopleImages / Getty Images

SSPC: The Society for Protective Coatings and NACE International, The Corrosion Society announced last week that the two groups have officially entered into a definitive agreement to combine.

The following week (Jan. 17), the associations announced a second update regarding certificate considerations and answers to some of the bigger questions involving this particular aspect of the merger efforts.

According to that update, the SSPC-NACE Task Group was focusing on minimizing disturbance to the industry and wished to maintain overall program quality and continuity.

The week after, the organizations released part one of the membership considerations update, and they released a fourth update regarding standards used by industry professionals worldwide.

At the beginning of February, during SSPC’s Coatings+ 2020 conference, SSPC’s Board of Governors unanimously voted to continue discussions and bring the creation of NewOrg and NewOrg Institute—both developments have yet to be named—to a member vote.

The NewOrg is slated to be a 501(c)(6) organization, while NewOrg Institute would meet 501(c)(3) requirements. Each organization will serve specific functions, but members will have access to both entities, and several functions will be conducted by both entities.

Prior to the end of the month, the organizations released their seventh update, which covered education, and an eighth update regarding the part two of the membership component of the agreement, along with a question-and-answer forum.

In April, the organizations opened a two-week-long voting period to its members after more than a year of discussions between the leadership of both organizations. The voting period closed on April 17, revealing that 88.3% of SSPC members and 89% of NACE members voted in favor of the merger.

“This was a vote of historical importance to SSPC members and to the coatings and corrosion industries,” said SSPC President Joseph Walker.

“The level of engagement and interest throughout the process and the impressive showing for the vote demonstrates the enthusiasm the industry has for the potential of this combination. I look forward to working with my colleagues at NACE as we move forward on creating this new organization.”

NACE President Terry Greenfield added: “With what is clearly a resounding ‘yes,’ the NACE membership has spoken. As a member and as NACE’s president I could not be more excited with this result. This will bring more benefits and resources to the members of both organizations and it will have a strong and positive impact on the coatings and corrosion profession worldwide.”

According to the previous updates, the organizations had decided that members will become “NewOrg members,” having full access to both entities, including equal voting and volunteer rights and privileges in both organizations.

The hybrid structure is reported to include valued-based individual and corporate memberships where members can choose their level of benefit and corresponding dues. However, individual members will be able to choose between Core and Premium tiers, with Premium being the higher of the two and including select standard downloads, digital library products and publication subscriptions.

The updates also noted that all current NACE and SSPC individual members will become members of “NewOrg” Premium Individual Membership for the remainder of their current membership term starting on Jan. 1, 2021. Upon expiration, members will be able to choose to renew at either the Premium or Core level of membership.

As for corporate memberships, there is also slated to be a three-tiered, value-based structure. Benefits include free individual memberships, conference registrations and prominent marketing exposure at conferences, and training workshops, among others.

In terms of leadership, NACE CEO Robert H. Chalker was tapped to lead the new, combined organization at the beginning of May.

What Now

“SSPC and NACE have a long history of working cooperatively in areas where we share common goals and purpose,” said NACE President Tim Bieri.

“This combination helps advance the missions set by the leaders of both associations and positions us to provide the asset protection industry with a stronger workforce.”

The transaction is expected to close in October and is subject to the approval of the Pennsylvania Attorney General’s Office.

SSPC and NACE also note that they have begun steps to integrate programs and operations and still expect the transition to take place in January 2021.

   

Tagged categories: Asia Pacific; Associations; EMEA (Europe, Middle East and Africa); Good Technical Practice; Latin America; Mergers; NACE; North America; SSPC; SSPC NACE Merger; Z-Continents

Comment Join the Conversation:

Sign in to our community to add your comments.


Advertisements
 
DeFelsko Corporation

 
KTA-Tator, Inc. - Corporate Office

 
Sauereisen, Inc.

 
SAFE Systems, Inc.

 
Tarps manufacturing, Inc.

 
WEFTEC Show

 
 
 

Technology Publishing Co., 1501 Reedsdale Street, Suite 2008, Pittsburgh, PA 15233

TEL 1-412-431-8300  • FAX  1-412-431-5428  •  EMAIL webmaster@paintsquare.com


The Technology Publishing Network

PaintSquare the Journal of Protective Coatings & Linings Paint BidTracker

 
EXPLORE:      JPCL   |   PaintSquare News   |   Interact   |   Buying Guides   |   Webinars   |   Resources   |   Classifieds
REGISTER AND SUBSCRIBE:      Free PaintSquare Registration   |   Subscribe to JPCL   |   Subscribe to PaintSquare News
MORE:      About PaintSquare.com   |   Privacy Policy   |   Terms & Conditions   |   Support   |   Site Map   |   Search   |   Contact Us