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Table Of Contents

Top Industry News
Acquisition Action Report
Charting The Economy
The People File
Business Barometer
Company Portfolio
Supplier Price Alerts
Association News
Meetings, Courses & Other Events

Contact Us:

Insider News is a service of the National Paint & Coatings Association and Paint & Coatings Industry magazine

If you have information you would like to have included in this newsletter, please contact:

Karen Parker, Associate Editor
1679 Witherbee
Troy, MI 48084
Phone: 248-229-2681
Email: parkerpcimag@gmail.com

For information on advertising in this newsletter,
contact Andrea Kropp at 810-688-4847
or
kroppa@pcimag.com.

NPCA is located at:
http://www.paint.org

PCI magazine is located at:
http://www.pcimag.com

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Top Industry News                                  August 27, 2007 Issue

Activity in Chemical Deals Maintains Momentum
According to Chemical Compounds, a new quarterly study launched by PricewaterhouseCoopers, the robust chemical merger-and-acquisition (M&A) activity in 2006 maintained strong momentum through the first half of 2007 ... Full story >>

American Chemical Society Launches New Nanoscience and Nanotechnology Journal
The American Chemical Society (ACS) Publications Division has released the inaugural issue of ACS Nano, a new, peer-reviewed journal publishing comprehensive articles in one of the fastest-growing research areas in chemistry and the related sciences ... Full story >>

Acquisition Action Report

Kemira Sells Stake in Scanspac to Saint-Gobain
Alcro-Beckers AB, part of the Finnish Tikkurila that is responsible for Kemira's paints and coatings business, has signed an agreement to sell its 50-percent stake in the Swedish filler producer Scanspac to Gyproc AB, part of the Gypsum Activity of Saint-Gobain ... Full story >>

Business Barometer

ALTANA Posts Robust Growth for First Six Months of 2007
The specialty chemicals company ALTANA AG, Wesel, North Rhine-Westphalia, Germany, showed increased sales and earnings in the first six months of 2007 compared to the previous year. Sales increased by 7 percent, rising from EUR 659 million to EUR 705.7 million ... Full story >>

The People File

PPG Announces New Marketing Team
PPG Industries’ industrial coatings business has announced expansion and reorganization of its coil and extrusion coatings marketing staff ... Full story >>

Tronox Announces Organizational Changes
Tronox Incorporated, Oklahoma City, announced that it has eliminated the position of Chief Operating Officer (COO), as part of its Project Cornerstone efforts to reduce selling, general and administrative costs ... Full story >>

Plasticolors Appoints New CFO
Plasticolors Inc., Ashtabula, OH, has appointed Mark A. Przybysz as its new Chief Financial Officer ... Full story >>

Barta Named Manager for MetoKote
MetoKote Corporation Inc., Lima, OH, has announced the addition of Shari Barta as Strategic Account Manager representing MetoKote’s Deere and Co. business ... Full story >>

Philip Ford Joins Troy Corporation
Troy Corp., Florham Park, NJ, announced that Philip Ford has joined the company as Director, Wood Protection, reporting to Don Shaw, Vice President, Development ... Full story >> 

Company Portfolio

Dow Declares Force Majeure for Vinyl Acetate Monomer
The Dow Chemical Co., Midland, MI, has declared force majeure for vinyl acetate monomer (VAM) due to essential maintenance of critical plant equipment required at the Texas City, TX, plant, which is owned by Union Carbide Corporation, a wholly owned subsidiary of Dow ... Full story >>

Labelmaster Announces Formation of Labelmaster Services
Labelmaster, Chicago, IL, announced the formation of Labelmaster Services, Inc., which will provide dangerous goods packing, consulting and other hazmat-related products to shippers, freight forwarders, manufacturers and distributors in the United States ... Full story >>

Increased Production for Velsicol Chemical
Velsicol Chemical Corp., Chicago, IL, announced the expansion of production capacity for the Benzoflex®, Admex® and Velate® product ranges at its Chestertown, MD, plant ... Full story >>

Thermo Fisher Scientific Named Readers’ Choice Winner
Thermo Fisher Scientific, Philadelphia, PA, announced that its informatics solutions have won Scientific Computing’s 2007 Readers’ Choice Awards in four categories ... Full story >>

JinHaas Officially Begins Operation
Rohm and Haas Co. and Weihai Jinhong Polymer Co. Ltd., announced that they have begun formal operation of their joint venture company, Jinhong Rohm and Haas Chemical Company (JinHaas) headquartered in Weihai, Shandong Province ...
Full story >>

Supplier Price Alerts

Ciba Announces Price Increases for Pigments and Additives
Ciba has announced that its Coating Effects Segment will implement price increases for most pigments and additives of 5 percent to up to 30 percent for some specific products. Price increases will be effective immediately or as contracts allow.

The increases result from significant increases in raw material and energy costs. In addition, the closing of several raw-material production plants in China to limit environmental impact, as well as the recent reduction of export tax rebates in China, has led to major additional price increases for certain raw materials.

See other recent price adjustments at www.pcimag.com by clicking on Supplier Price Alerts.

Meetings, Courses & Other Events

LATINCOAT 2008 Will Take Place in São Paulo
A ceremony to launch the LATINCOAT and Adhesives Latin America 2008 was held at Hotel Sonesta, São Paulo, Brazil ... Read full details here >>

Middle East Coatings Show 2008 Planned for Dubai
The Middle East Coatings Show 2008 will take place at the Dubai International Convention and Exhibition Centre, United Arab Emirates, on March 10-12, 2008 ... Read full details here >>

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