The fortunes of major coatings manufacturers continued to improve in the second quarter, building on the momentum of late 2003 and the first quarter of 2004.
Rockwood Specialties Group Inc. subsidiary Rockwood Pigments (UK) Ltd. announced a definitive agreement to acquire the Pigments and Dispersions business of Johnson Matthey plc for approximately $50 million.
Akzo Nobel's Decorative Coatings business announced an agreement to acquire Timpe & Mock, reported to be the second-largest architectural-paint wholesaler in Germany.
INSL-x Products Corp. announced an agreement to acquire Wattyl Ltd.'s Coronado Paint Co. Inc. and Lenmar Inc. coatings units, as Australia-based Wattyl moved to sell its remaining U.S. coatings businesses.
A memorial service for Donald Brookfield Sr., founder of Brookfield Engineering Laboratories Inc. and a pioneer in the development of viscometer instruments, was held June 25 in Sharon, MA.
Troy Corp. announced plans for the 2004 Troy 5K Run/Walk, scheduled for 7 a.m. Oct. 28 in conjunction with the Federation of Societies for Coatings Technology's International Coatings Expo (ICE).
Akzo Nobel announced the introduction of a waterborne exterior wood coating billed as a "pioneering" advance in coatings technology due to a solids content of approximately 65% and "nearly zero" VOC content.
Epoxy resin suppliers said the market is under "intense upward pressure on pricing" generated by rising global demand and continued increases in raw-material and energy costs, with the situation not expected to change in the near term.
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