News (111)


PPG Reviewing Architectural Coatings Business

Global coatings manufacturer PPG revealed Monday (Feb. 26) that it has started the process to review strategic alternatives for its architectural coatings business in the United States and C...


Kansai Helios Acquires German Coatings Company

Japan-based chemical company Kansai Helios recently announced that it signed a share purchase agreement with GREBE Holding in Weilburg, Germany, to acquire its entire industrial coatings bus...


Metal Processing, Coating Companies Rebrand

Metal Processing International and Oklahoma Custom Coating have recently rebranded their companies to ecoat.us.


AkzoNobel Releases Q4, 2023 Earnings Report

Global coatings manufacturer AkzoNobel released its fourth-quarter and end-of-year financial reports Wednesday (Feb. 7), indicating a 3% decrease in revenue for Q4 and a 2% decrease for the ...


Sherwin Releases Q4, 2023 Financial Earnings

Global coatings firm The Sherwin-Williams Company released its 2023 fourth-quarter and year-end financial results yesterday (Jan. 25), reporting consolidated net sales at a 0.4% increase for...


Tenaris Acquires Pipe Coatings Business

Global pipe manufacturer Tenaris recently announced the completion of its acquisition of infrastructure technology company Mattr’s pipe coating business unit.


Akzo, Kansai Agree to Cancel Acquisition Deal

On Wednesday (Nov. 29), global coatings company AkzoNobel and Kansai Paint announced they have mutually agreed not to proceed with the AkzoNobel's intended acquisition of Kansai's paints and...


Sherwin Proposes Second HQ Office Tower

Sources familiar with the new Sherwin-Williams company headquarters in downtown Cleveland have reportedly said that the global coatings company is considering adding a second office tower to...


AkzoNobel Reports Rebound in Q3 Finances

On Wednesday, global coatings company AkzoNobel released its 2023 third-quarter financial results, announcing “solid profit growth and robust cash generation” for the quarter.


Sherwin-Williams Reports Q3 Financial Results

On Tuesday, global coatings firm The Sherwin-Williams Company released its 2023 third-quarter financial results, reporting a 1.1% increase in consolidated net sales to $6.12 billion for the ...


Sherwin-Williams Elects New CEO, President

Last week, global coatings firm The Sherwin-Williams Company announced that its Board of Directors has selected Heidi G. Petz to serve as the next chief executive officer.


PPG Opens Experience Center, Marks Anniversary

Global coatings company PPG recently opened a new customer and employee experience center at its global headquarters in Pittsburgh.


RPM Releases Q4, 2023 Full-Year Earnings

RPM International Inc. (Medina, Ohio), parent company of specialty coatings and sealants brands including Carboline and Tremco, released its fourth-quarter and year-end financial report Wedn...


AkzoNobel Announces 2023 Q2 Finances

Global coatings company AkzoNobel released its 2023 second-quarter financial results on Tuesday (July 25), announcing increases in operating income despite a slight increase in revenue compa...


Sherwin-Williams Reports Q2 Net Sales Increases

On Tuesday (July 25), global coatings firm The Sherwin-Williams Company released its second-quarter financial results, reporting a 6.3% increase in consolidated net sales to a record $6.24 b...


PPG Reports Record Q2 2023 Net Sales

Global coatings company PPG released its second-quarter earnings report late Thursday (July 20), reporting $4.9 billion in net sales—approximately 4% higher than this time last year.


Records Show Sherwin Sold HQ for $48.5M

According to reports, global coatings firm The Sherwin-Williams Company’s current downtown Cleveland headquarters has been sold for $48.5 million as construction continues on its new global ...


Sherwin Leads Most Valuable Paint Brand Report

Global independent brand valuation consultancy Brand Finance recently released a new report, listing the top 10 most valuable paint brands for the year.


Akzo Acquiring Sherwin Architectural Paint Business

Last week, global coatings companies The Sherwin-Williams Company and AkzoNobel reached a purchase agreement for a Chinese architectural paints business.


PPG Reports 2023 Q1 Financial Increases

Global coatings supplier PPG (Pittsburgh) reported record first quarter net sales of about $4.4 billion, a 2% increase from the year prior, in a financial results press release issued on Thu...


Hempel Announces Executive Group Management Changes

Global coatings company Hempel recently announced changes to its Executive Group Management team via an emailed press release.


RPM Releases Record 2023 Third-Quarter Sales

RPM International Inc. (Medina, Ohio), parent company of specialty coatings and sealants brands including Carboline and Tremco, released its third-quarter earnings report for 2023 on Thursda...


Sherwin Reports Q4, 2022 Financial Results

Global coatings firm The Sherwin-Williams Company released its 2022 fourth-quarter and year-end financial results yesterday (Jan. 26), reporting consolidated net sales at a 9.8% increase for...


PPG Names Several New Leadership Appointments

At the beginning of the month, global coatings company PPG (Pittsburgh) announced several leadership personnel appointments, effective immediately.


RPM International Scaling Back Paint Production

On a recent financial report call, global coatings company RPM International leadership said they would be decreasing production at some of its plants due to reduced demand, the supply chain...


RPM Reports Record Net Sales for 2023 Q2

RPM International Inc. (Medina, Ohio), parent company of specialty coatings and sealants brands including Carboline and Tremco, released its second-quarter earnings report for 2023 on Thursd...


RPM Releases 2023 Q1 Earnings Report

RPM International Inc. (Medina, Ohio), parent company of specialty coatings and sealants brands including Carboline and Tremco, released its first-quarter financial report Wednesday (Oct. 5)...


RPM Releases 2022 Summary Annual Report

RPM International Inc., parent company of specialty coatings and sealants brands including Carboline and Tremco, has recently released its Summary Annual Report for 2022.


Valmont Opens Pittsburgh-Area Galvanizing Plant

Last week, Valmont Coatings hosted a grand opening event to launch its new steel coatings facility, Pittsburgh Galvanizing, located in Midland, Pennsylvania.


Sherwin-Williams Shares Positive Earnings in Q2

Global coatings firm The Sherwin-Williams Company announced its 2022 second-quarter financial results on Wednesday, reporting a 9.2% net sales increase year-over-year to $5.87 billion.


RPM Releases Q4, 2022 Year-End Earnings

RPM International Inc., parent company of specialty coatings and sealants brands including Carboline and Tremco, released its fourth-quarter and year-end financial report Monday reporting re...


PPG Reports Record Q2 2022 Net Sales

Global coatings company PPG released its second-quarter earnings report late Thursday (July 21), reporting $4.7 billion in net sales—approximately 8% higher than this time last year.


AkzoNobel Reports Revenue Growth in 2022 Q2

Global coatings company AkzoNobel released its 2022 second-quarter financial report Wednesday (July 20), revealing a 14% increase in revenue (10% higher in constant currencies) along with an...


Sherwin Issues Trend Forecast for Coil, Extrusion Coatings

Last month, global coatings firm The Sherwin-Williams Company announced the debut of its latest Color Trends Forecast for the coil and extrusion metal coatings market via emailed press relea...


RPM Reports Record Net Sales for 2022 Q3

RPM International Inc., parent company of specialty coatings and sealants brands including Carboline and Tremco, released its third-quarter earnings report for 2022 on Wednesday.


Vipul Organics Names New Exclusive Distributor

Mumbai, India-based Vipul Organics announced earlier this week that Vercolos Pigments Inc. would be an exclusive distributor covering North America, under the name of SunTone.


Commercial Connect Announces 'Save the Date'

Technology Publishing Company has recently announced the location and dates for its second annual Commercial Contractor Connect event, which will be hosted in conjunction with the Commercial...


AkzoNobel Expects Russian Plants to Close

According to a recent interview with global paint and coatings manufacturer AkzoNobel’s Chief Executive Officer, Thierry Vanlancker, the company is expected to cease operations at its four p...


RPM Reports Net Sales Increase for 2022 Q2

RPM International Inc. (Medina, Ohio), parent company of specialty coatings and sealants brands including Carboline and Tremco, released its second-quarter earnings report for 2022 on Wednes...


RPM Releases 2022 Q1 Earnings Report

RPM International Inc. (Medina, Ohio), parent company of specialty coatings and sealants brands including Carboline and Tremco, released its first-quarter financial report Wednesday (Oct. 6)...


SprayWorks Announces New, Larger Location

Spray foam and coatings equipment company, SprayWorks Equipment Group announced via emailed press release last week that it was officially moving into a new, larger location in Kent, Ohio.


AkzoNobel Announces COVID-19 Response

Global coatings manufacturer AkzoNobel (Amsterdam) issued a press release late last month, announcing its response to the ongoing effects of the COVID-19 pandemic.


FL Coatings Company Begins Manufacturing Sanitizer

In Tampa, Florida, paint and coatings company Sun Coatings has announced via emailed press release that it has repurposed part of its 90,000-square-foot plant in order to manufacture hand sa...


Survey Looks at Coatings Industry During Crisis

Recently, research company Gardner Intelligence has collected feedback from coatings and finishing manufacturers in an attempt to navigate how the COVID-19 pandemic is specifically affecting...


Chromaflo Acquires Rolfes Colour

Earlier this month, global provider of colorant technology solutions Chromaflo Technologies Corp. (Ashtabula, Ohio) announced in a press release the acquisition of South Africa-based organic...


SSPC Steel City Chapter Hosts First Meeting

Last Thursday (Oct. 3), SSPC: The Society for Protective Coatings held its first meeting for the recently reestablished Pittsburgh-based SSPC Steel City Chapter.


RPM Reports Net Sales, Income Increase

RPM International Inc. (Medina, Ohio), a holding company that focuses on specialty coatings, sealants and building materials, achieved both a net sales increase and increase in net income in...


RPM Reports Record Sales for Q4, Year-End

Parent company of coatings and sealants brands including Carboline and Tremco, RPM International Inc. reported a 2.8% increase in its fourth-quarter net sales, which ended May 31.


AkzoNobel, Airbus Develop Chromate-Free Primer

Global aerospace coatings supplier AkzoNobel and international aerospace pioneer Airbus recently teamed up to launch a new chromate-free exterior primer.


Arkema Increases Resin Production

Global chemicals manufacturer Arkema has announced that it has launched a 30% increase in photocure resin production capacity at its Sartomer site in Canton, China.


Nippon Acquires Betek Boya

Nippon Paint Holdings Co. Ltd. recently announced via press release that it has acquired Turkish paint manufacturer Betek Boya.


KTA-Tator Celebrates 70 Years

Coating consulting, inspection and services company KTA-Tator Inc. (Pittsburgh) has announced the celebration of its 70th anniversary.


PPG Announces Sale of Plasterboard Unit

PPG Industries (Pittsburgh) has completed its second divestment of a non-coatings unit in as many weeks with the sale of its Plaka plasterboard and cement-board business to Knauf Internation...


PPG to Sell Mexico Plasterboard Unit

PPG Industries has announced the sale of its Plaka plasterboard and cement-board business to Knauf International GmbH, the second divestment of a non-coatings unit by the company in as many ...


Berger Strikes Deal with Japan's Rock Paint

Berger Paints India Ltd. announced Friday that it has reached an agreement to market automotive refinish paints in India manufactured by Rock Paint Co. Ltd. of Japan.


Berger Paints, Chugoku Partner on Marine

Putting into action its plan to expand its presence in the Indian marine paints market, Chugoku Marine Paints of Japan has announced it has entered into a memorandum of understanding with Be...


Elevation Awards to Honor Coating Success

A new awards series from PaintSquare sister publication Durability + Design will honor the best of commercial and architectural coatings work from the past year.


Deadline Approaching: D+D Elevation Awards

Durability + Design is calling for facility owners, architects, contractors, suppliers and others to enter the Elevation Awards, which will be presented during a ceremony at CONSTRUCT...


Sales Increase, Profits Dip in Valspar Q1

Successes in the coil and wood coatings and consumer paints product lines are behind Valspar’s 2.5 percent net sales increase to $907.6 million according to the company’s first-quarter earni...


Coatings Sales Up for Valspar in Q1

Sales in the coatings segment, including coil and wood coatings, jumped in the first quarter of 2017 for Valspar, helping to boost the company, which posted an overall sales increase, accord...


Call for Entries: D+D Elevation Awards

Durability + Design is calling for facility owners, architects, contractors, suppliers and others to enter the Elevation Awards, which will be presented during a ceremony at CONSTRUCT, the C...


Commercial Workshop Kicks Off SSPC 2017

Contractors, facility owners, specifiers, suppliers and other coatings professionals convened Monday (Jan. 30) in Tampa to kick off the SSPC 2017 Featuring GREENCOAT conference.


Eight Firms Form Euclid Group

A group of RPM International Inc. subsidiaries that produce coatings and related chemicals to construction and engineering sectors have recently united to form The Euclid Group.


Flowcrete, Others Join ‘Power’ Group

Several well-known concrete coatings brands, including Flowcrete and Euclid Chemical, have united to form The Euclid Group.


PPG Jettisons More Fiber Glass Business

The world's largest manufacturer of paints and coatings is continuing to eliminate non-coatings ventures, announcing recently that it will shed two more fiber glass operations.


PPG Exits 2 Fiber Glass Ventures

Coatings giant PPG is in the process of shedding two more of its fiber glass operations.


New Player Enters Protective Coatings Field

Financial investment business Signet Enterprises has announced the launch of a new venture in the field of polymer technology for the protective and structural coatings industries.


Fire Destroys UK Spray Finish Shop

Fire officials were forced to demolish an industrial paint application facility after it was heavily damaged by fire over the weekend.


PPG Expands Reach with New Acquisition

Pittsburgh-based coatings giant PPG has announced it will acquire global coatings services provider MetoKote and its affiliates.


Longtime PPG Official Advances

PPG has tapped one of its veteran employees to take on an executive role in its Latin America market.


Tnemec Names Bean President, COO

One of the leading manufacturers of high-performance protective coatings has named its new president and chief operating officer.


Dow to Reduce Acrylate Capacity by 20%

Multinational chemical corporation The Dow Chemical Company has announced that its Dow Performance Monomers business unit will be reducing acrylate capacity by 20 percent at its Deer Park Op...


Dow to Cut Acrylate Capacity in TX

Due to market conditions, The Dow Chemical Company has announced that its Dow Performance Monomers business unit will be cutting acrylate capacity by 20 percent at its Deer Park Operations f...


PPG Announces Leadership Changes

PPG Industries has named a new senior vice president for global architectural coatings and announced three other changes in executive management, too.


Executive Promotions Underway at PPG

PPG Industries has announced several new leadership appointments, including senior vice presidents in three divisions, as well as the retirement of the current senior vice president, automot...


New Specialty Coatings Company Formed

Two companies have combined to form a new specialty chemical company that will be based in the U.S.


New Specialty Coatings Company Formed

California Products Corp. and Nicoat have been combined to form a new specialty chemical company called Innovative Chemical Products Group (ICP Group), according to a private equity firm.


Former Benjamin Moore Exec Leads EasyPaint

The new president of an on-demand painting service is a familiar face in the coatings industry.


PaintSquare News Publisher Taps New CEO

Brion D. Palmer, a media executive with 30 years’ experience in the publishing industry, has been selected as the new


D+D News Publisher Names New CEO

Technology Publishing Company, the publisher of Durability + Design News, has announced the appointment of a new chief executive officer. Brion D. Palmer, a media executive with 30 years’ ex...


Hempel Appoints New CFO

One of the world’s top paint and coatings companies has hired a new chief financial officer to fill the vacancy left by the departing incumbent.


Valspar Logs Growth for 2015

Valspar Corp. has posted another record year of earnings despite facing “difficult comparisons to the exceptional performance in 2014, a strengthening U.S. dollar and a product line adjustme...


Growth Strong for Valspar in 2015

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


Income, Sales Up for AkzoNobel Q3

Amsterdam coatings giant AkzoNobel has reported income and sales gains for its third quarter amid “challenging market conditions.”


AkzoNobel Posts Positive Q3 Earnings

Marine and Protective Coatings led in revenue gains among AkzoNobel’s markets in its third quarter, according to the Amsterdam coatings company.


Sherwin-Williams Announces New CEO

Sherwin-Williams has turned to one of its long-standing managers to lead the company starting next year.


Sherwin-Williams Names New CEO

The Sherwin-Williams' board of directors has tapped a man with more than 30 years of experience with the company to serve as its next chief executive officer.


Hempel Names New CEO

One of the world’s leading paint and coatings companies has named its new CEO, following a search initiated earlier this year.


Sales Dip, Profit Up in Valspar’s Q3

The world’s No. 6 paint and coatings company has adjusted its outlook for the rest of the year, following a “solid performance” in the company’s fiscal 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...


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.


Hempel Announces CEO Vacancy

LYNGBY, DENMARK—One of the world's top paint and coatings companies has announced the imminent departure of its CEO even before it chooses his successor.


Hempel Seeking New CEO

LYNGBY, DENMARK—In an unusually public statement, Hempel A/S has announced both the impending retirement of its chief executive officer and the search for his successor.


Jotun Slapped on ‘No. 1’ Claims

Jotun Pakistan has no basis for asserting the top position in its market and has been fined for perpetuating the boast in its ads, the government's anti-trust agency has said.


Jotun's Ad Boasts Draw Sanctions

Jotun Pakistan's blanket marketing claim of being "No. 1 in Paints" has again drawn the wrath of that country's antitrust agency, which has ordered the coating maker to drop the boast and pa...


Paint Recycling Soars in the UK

Paint manufacturers in the UK are breaking industry records when it comes to paint recycling—even amid booming sales.


Coatings Groups to Share One Roof

Aiming to strengthen the voice of the roof coatings industry, the Roof Coatings Manufacturers Association (RCMA) and the Reflective Roof Coatings Institute (RRCI) have merged.


Axalta Coatings Plans IPO

The $4.9 billion paint and coatings multinational long known as DuPont Performance Coatings may soon be going public.


Axalta Considering Public Offering

Axalta Coating Systems Ltd. (formerly DuPont Performance Coatings) has filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission for a proposed initial publ...


Tesla Announces $50M Investment

Protective coatings maker Tesla NanoCoatings says it is poised for significant growth with a new "strategic partnership" and major investment by a Korean chemical firm.


Paints Prop Up Valspar’s Tough Q3

Strong growth in new consumer paint, packaging and wood product lines gave the Valspar Corp. a much-needed boost amid a generally disappointing third quarter, the company reported Tuesday (A...


Coatings, Markets Dim Valspar’s Outlook

Sluggishness in industrial coatings and international markets led the Valspar Corp. to reduce its annual earnings guidance Tuesday (Aug. 13) in the wake of a disappointing third quarter.


Valspar Says ‘Ciao, Europa’

U.S.-based Valspar Corp. is now a player in the European industrial coatings market, with its newly completed acquisition of an Italian company.


Greener AkzoNobel Coatings Ahead

The world’s largest paint and coatings producer will step up the use of bio-based materials in its products, under a new agreement with a sustainable chemical producer.


AkzoNobel Grows Greener with Solvay

AkzoNobel and Belgian chemical producer Solvay have signed a three-year agreement to increase the use of renewable raw materials in AkzoNobel's paints and coatings.


Valspar to Buy European Coating Maker

The Valspar Corp. is plunging into Europe’s high-performance coatings market with the acquisition of Italy's Inver Holding S.r.l., an international group and market leader in industrial coat...


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 ...


RPM Unit May See $1B+ Asbestos Tab

Bondex International Inc., a bankrupt division of RPM International Inc., may owe current and future asbestos product victims nearly $1.17 billion, a judge has ruled in rejecting RPM’s “nove...


Iron Lady’s Brush with Paint Industry

Although she’ll be remembered more for politics than paint, the late Margaret Thatcher had coating industry connections as well.


Trimite Coatings Keeps Brands in Family

Fending off “intense international competition” for its veteran paint and coating trademarks and brand names, Trimite Global Coatings has acquired all assets of the bankrupt Trimite Ltd. bus...


 
 
   

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