There are two main challenges facing protective coatings in high-moisture conditions: the issue of durability in a moisture-laden or immersion environment that is naturally more corrosive than a dry environment and the challenge of being able to properly cure a coating in the presence of moisture.
PPG announced that it has reached a definitive agreement to acquire VersaFlex, a manufacturer specializing in polyurea, epoxy and polyurethane coatings for water and wastewater infrastructure, flooring, transportation infrastructure, and industrial applications.
Innovative Chemical Products has acquired Gardner-Gibson and Sun Coatings (Gardner-Gibson), a manufacturer of liquid-applied roof coatings, roofing products, driveway sealers and specialty paints.
Michigan-based Prefix Corp. has added over 30,000 square feet of production space to its existing facility in Auburn Hills, Michigan, expanding production capacity of its paint and finishing operations.