Pearlescent pigments producer Fujian Kuncai Material Technology Co. Ltd. (Kuncai), based in Fuqing, Fujian province, China, has started its own marketing and sales office in Europe under the name Kuncai Europe B.V.
As part of its growth strategy in emerging markets, Flint Group has launched a new joint venture with Continental Printing Inks and Eagle Ink Systems in South Africa.
Sun Chemical Group Coöperatief UA has purchased the remaining shares held by the Druckfarben Hellas Group in their southeastern Europe region joint venture companies.
PPG Industries has reached a definitive agreement to acquire IVC Industrial Coatings Inc., a U.S.-based specialty powder and liquid coatings manufacturer with 2014 sales of more than $100 million.
While biocides market growth in the mature markets of Europe and the United States is estimated at two percent and slightly less than one percent, respectively, the five-percent growth forecast in biocides consumption in Southeast Asia during 2014-2019 makes this region one of the fastest growing and most attractive regions globally.
PPG Industries recently announced plans to expand its investments in global communities where the company operates with the launch of a $10 million initiative called “Colorful Communities.”