News (60)


Huntsman to Sell Venator Shares

Specialty chemicals company Huntsman Corporation recently announced that it has entered into a definitive agreement to sell 42.5 million of the shares it holds in Venator Materials PLC.


Clariant Announces Plans with SABIC

Global specialty chemicals supplier Clariant (Muttenz, Switzerland) announced last week a plan to combine some of its coatings-related business units with segments of Saudi Basic Industries ...


Clariant to Divest Part of Coatings Business

Swiss specialty chemicals company Clariant announced an updated strategy last week in light of its recent deal with fellow specialty company Saudi Basic Industries Corporation.


PPG Releases Q2 Numbers

Global coatings manufacturer PPG Industries announced its second-quarter earnings Thursday morning, touching on a slight uptick in net sales year over year and also discussing the impact tha...


PPG Steady in the Second Quarter

PPG Industries reported a modest increase in net sales despite a slight dip in volumes in the Performance Coatings segment in its second quarter, according to the coatings manufacturer's Q2 ...


Coatings Market Spawns Saudi Committee

Hoping to capitalize on what they feel is a prime financial opportunity, officials from Saudi Arabia announced that the kingdom will establish its first committee to maximize its interests i...


R&D Concerns in Dow-DuPont Deal

Innovation concerns are at the center of the regulatory review of The Dow Chemical Company's multi-billion dollar bid to merge with DuPont, reports relate.


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.


Roofing Angled for Global Growth

The global roofing market is back on the rise, with increasing demand in the United States and other developed regions expected to offset some deceleration in the massive Chinese market.


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 ...


AkzoNobel, BASF Agree to $531M Deal

In a move it says will strengthen its coil coatings market presence, AkzoNobel will pay €475 million ($531 million) to acquire BASF’s industrial coatings business.


Firm Examines Global Coatings Use

A market research company that specializes in polymer and chemical industries has released its findings on the global consumption of coatings, adhesives, sealants and inks (CASI) for 2014.


'Green' Advances Coatings Market Growth

“Green” coatings are becoming an essential part of the consumer-based paints and coatings market, according to a recent report by P&S Market Research.


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...


U.S. Paints, Coatings to Top $25B

The U.S. paint and coatings industry should top $25 billion in 2019, fueled by increasing demand for architectural coatings, a new market study suggests.


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).


Concrete Floor Coatings Set to Soar

Forecasters are expecting a growth spurt for the global concrete floor coatings industry.


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.


Solid Growth: Wood Coatings to Boom

DALLAS--The wood coatings market is projected to reach $1.9 billion by 2020, a recent market report concludes.


Breaking Good: Glass Market to Boom

DALLAS—Booming construction amid increasing demand for sustainable materials will help the construction glass market crack the trillion-dollar mark in the years ahead.


Coating Makers Form Latin Federation

Consolidating the strength of one of the world's booming paint markets, Latin American manufacturers have joined forces in a new federation.


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.


Green Materials Poised for Growth

North America leads the world in the demand for green building materials, a market projected to expand 12.5 percent annually, to reach $234.77 billion by 2019, according to a new market stud...


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.


Recovery Rekindles Wood Coatings Market

The comeback in the U.S. construction industry is carrying strong growth for wood coatings and preservatives, a new report concludes.


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.


Mexico Extends Review of PPG Deal

Mexican antitrust regulators need more time to examine PPG’s $2.3 billion offer to acquire the country’s largest paint company.


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.


Paint Launches Highlight Valspar Q3

The marketing effort nibbled on earnings in the short term, but two paint rollouts helped deliver overall success in Valspar Corp.'s third quarter, the company announced Tuesday.


Drywall to Make a Global Splash

Having survived a global recession and now gaining favor in developing countries, the global drywall market is in for a robust run in the next several years, a new forecast shows.


Experts Raise the Roofing Outlook

After years in the basement, the global roofing market is back on the rise, with the United States and China expected to lead the resurgence over the next five years.


PPG Makes $2.3B Play for Comex

Even before the legal dust settles over the failed Sherwin-Williams/Comex deal, PPG Industries has moved in with a $2.3 billion plan to take over the Mexican paint and coatings giant.


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.


In Pakistan, Looking Out for No. 1

Jotun Pakistan has been ordered to stop calling itself the “No. 1 paint in Pakistan” after complaints by competitors bearing superlatives of their own.


Functional Coatings in Demand

From stadiums to skyscrapers, building blitzes are heating up the global coatings market in China and Brazil.


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.


Healthy Outlook for Anti-Germ Coatings

American germophobia—in health care, schools, industrial settings and even inside the human body—will help drive a nearly 10 percent annual surge in antimicrobial coatings in the years ahead...


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...


Comex Sues over Derailed Sherwin Deal

Shareholders of Mexico’s largest coatings producer are accusing Sherwin-Williams of “dishonor” in failing to complete its $2.34 billion takeover of the Latin American supplier, reports say. ...


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...


PPG’s New Direction to Target Pros

PPG Industries plans to rebrand and revamp thousands of U.S. retail and distribution points to better reach the contractors, specifiers and other professionals who now buy most of its archit...


Sherwin-Williams Ends Bid for Comex

After nearly a year and a half, America’s largest paint retailer has ended its pursuit to purchase Mexico’s largest paint maker—a $2.34 billion bid that has been quashed by Mexico’s antitrus...


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.


Global Coatings Market: $186B by 2017

Construction, cars, manufacturing—and the billions of painted and coated surfaces they generate—are all on the rebound, driving steady global growth in paint and coatings for the next few ye...


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 ...


Sherwin-Williams Takeover Nixed Again

In a stunning setback for Sherwin-Williams, the government of Mexico has again rejected the company's year-long, $2.34 billion bid to acquire the operations of rival Consorcio Comex, S.A. de...


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...


Paint, Currency Scuff Akzo’s Q3 Gloss

Tanking currency rates knocked the wind out of AkzoNobel in the third quarter, flattening architectural revenues and driving down revenues companywide by 5 percent.


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.


Sour Grapes and Solar Panels

Trade wars, like politics, make strange bedfellows. And so it is that a fine and costly whine has erupted between the European Union and China over—sacré bleu!—solar panels and bottles of bu...


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 ...


Big Boxes Gaining on Paint Stores

The neighborhood paint store had better look over its shoulder: Big-box retailers are coming on strong, fueled by one-stop shopping convenience and lower prices, a new market study shows.


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...


Berger Buys Sherwin-Williams Unit

Plugging key market gaps in India, Berger Paints India Limited has announced plans to purchase the architectural operations of Sherwin-Williams Paints India.


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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