PPG Seals Deal for SigmaKalon Group/Enters Into Partnership with Agion Technologies
PPG Industries has announced that its offer to acquire SigmaKalon Group, a worldwide coatings producer, from global private investment firm Bain Capital has been accepted. PPG and Bain Capital signed a Sale and Purchase Agreement upon the completion of discussions with appropriate employee representative bodies ... more

Specialty Coating Systems Acquires Parylene Japan K.K.
Specialty Coating Systems Inc. (SCS), Indianapolis, has completed its acquisition of Parylene Japan K.K. (PJKK). PJKK, a joint venture between SCS and Three Bond Co. Ltd., was established in 1990 to provide Parylene conformal coating services and technologies in Japan ... more

H.B. Fuller Divests Itself of Automotive Joint Venture
H.B. Fuller Co., Minneapolis, announced that it has reached a definitive agreement to sell the entire stake in its automotive joint venture to the principal joint venture partner, EMS CHEMIE Holding AG of Switzerland, for a purchase price of $80 million ... more

Valspar Updates Fourth-Quarter Earnings Outlook
The Valspar Corp. has announced that it expects adjusted earnings for the fourth quarter ending October 26, 2007, to be in the range of 47 to 50 cents per share, compared to earnings of 51 cents per share in the fourth quarter of 2006 ... more

Kahn Named President and CEO of DDK Industries/Appointed CEO of Opera Paints Division
DDK Industries Inc., Los Angeles, has appointed Michael G. Kahn as President and Chief Executive Officer. The company also announced that Kahn will serve as CEO of its Opera Paints division, which is introducing a broad line of environmentally responsible paints to the North America coatings market ... more

OBITUARY
Industry Loses Helmut Ricke
Helmut Ricke died at home on August 28, 2007. He was employed with Everlight USA in Charlotte, NC, since 1998 as Director of Sales and Marketing-UVA Stabilizers. Ricke was a native of Germany who immigrated to the United States in 1965 and proudly became an American citizen. He is survived by his fiancé, two children, one stepdaughter and six grandchildren.

Supplier Price Alerts

Solvay Chemicals Raises Prices for Hydrogen Peroxide
Solvay Chemicals Inc. will increase off-list prices for all commodity grades of hydrogen peroxide effective November 1, 2007 or as contracts permit. The following schedule applies: U.S. and Canada commodity grades will increase USD 0.04/lb. or CAD 88/mt (100% basis); and export commodity grades will increase USD 88/mt. (100% basis). Solvay Chemicals will maintain the current energy surcharge program. This program remains in place as long as the NYMEX Henry Hub price for natural gas is above $5.00/MMBTU.

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

NPCA to Honor Members at Annual Meeting
The NPCA will honor 19 members with Industry Achievement Awards during its 2007 annual meeting in Pittsburgh. The Industry Achievement Award is given in recognition of specific contributions to the paint and coatings industry ... more

Meetings, Courses & Other Events

Ciba Specialty Chemicals Offers GHS Seminar
Ciba^® Expert Services is offering a practical seminar specifically designed to allow chemical companies to understand the scope and content of the new Globally Harmonized System (GHS). Through case studies and examples, the seminar will highlight how companies can implement GHS in its various aspects, which include classification of substances and mixtures, labeling and safety data sheets ... Full details here >>