Results included record first quarter Housing and Infrastructure Products (HIP) income from operations, and Performance & Essential Materials (PEM) sales volume growth.
First quarter 2024 net sales increased year-over-year. The growth within the company’s end-markets was driven by improvement in both refinish and light vehicles, offset partially by lower net sales in industrial and commercial vehicles.
Pascal Tisseyre will lead the company’s regional government affairs activities, including oversight of public policy, political engagement and related compliance activities.
The American Coatings Association announced new leadership appointments to its Board of Directors, effective immediately. Jeffrey J. Powell, President and CEO of Diamond Vogel, Inc., will serve as ACA Chairman; and Chase Bean, President, CEO and Chairman of Tnemec Company, Inc., will serve as ACA Vice Chairman & Treasurer.
The award for the most outstanding conference paper was presented on April 30 during the plenary session of the American Coatings Conference in Indianapolis, Indiana.
“The industry experienced three days full of networking opportunities at the leading North American coatings event. Exhibitors and attendees were very excited to make connections and enhance their industry knowledge. We are already looking forward to seeing you again in Indianapolis May 5 – 7, 2026,” said Matthias Janz, Director of Trade Shows at Vincentz Network.
The lab’s extensive capabilities will fully support the company's coatings, adhesives, sealants, and elastomers business, along with the construction and mortars market across the United States and Canada.
The company was able to increase its sales volumes, in particular within the EMLA and APAC regions, with the former benefiting from higher plant availability. Due to lower average selling prices associated with lower raw material prices being passed on to customers, sales fell slightly.
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