The company’s sales amounted to €15.7 billion, down by €6.2 billion compared with the prior-year period. The decline was reportedly due to considerably lower prices, primarily in the materials, chemicals, and surface technologies segments.
For 2023, AmCoat’s Floor Shield brand has added 14 new dealers, helping the polyaspartic floor coating company post positive results over 2022 – a 33% increase.
The group said this new position will focus on overseeing the company’s expansion in the Asia Pacific region, with particular emphasis on China and India.
In her testimony, Gibson highlighted the chemical distribution industry’s use of drums and underscored the highest standards of safety that NACD members place on the transport of these used and reconditioned containers.
The system is ideal for all industrial applications where painting happens in a confined space, and is certified for the European, U.S. and Asian markets.
According to the report, the company’s revenue across currencies was up 5% on pricing, despite flat volumes, while reported revenue was 4% down on unfavorable exchange rates.
The company said the launch of its new plant is an important milestone to better serve specialty additives customers in North America, and it complements its existing full-scale plants.
All three models will be available for non-combustible or combustible dust (Kst) applications, including Protura® filtration media, and each will include a range of standard features and accessories.