Strong economic expansions in the major industrialized countries - particularly in the Americas and Asia - and recent restructuring moves keyed robust first-quarter sales and earnings improvements for nearly all major coatings-manufacturing companies.
The Valspar Corp. named William L. Mansfield executive vice president and chief operating officer and Steve Erdahl executive vice president - Coatings, and announced other key management appointments.
Akzo Nobel announced plans to divest the company's industrial polyurethane (PUR) adhesives and systems business with a sale to the Sika Group. Terms were not disclosed.
Akzo Nobel formally opened a new non-stick coatings facility in São Paulo, Brazil, a facility that will produce coatings for the Brazilian cookware industry and a range of other specialized industrial applications such as automotive pistons and copier rolls.
RPM International Inc. said its European development office, RPM Europe S.A., has acquired Ecoloc N.V./Lock-Tile Belgium N.V. and Compakta/Pactan, a division of Heidelberger Bauchemie GmbH. Terms of the cash transactions were not disclosed.
The European Union gave final approval to a measure that places VOC limits on architectural and auto-refinish coatings, with a first round of limits scheduled to go into effect on Jan. 1, 2007.
Paint & Coatings Industry (PCI) magazine announced program plans for the Seventh International Coatings for Plastics Symposium and Exhibition, scheduled for June 7-9 at the Michigan State Management Education Center, Troy, MI.
Boasting 91 participants from 21 countries, the first European Coatings Conference (ECC) devoted to "Modern Coatings for Plastics Substrates", held on 24th and 25th November, 2003, was very much an international affair.
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