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

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Top Industry News                                June 16, 2008 Issue

Emerging Technology Award Winners Presented at RadTech
Eight leading-edge organizations were recognized by RadTech, the association for UV and EB technologies, at the group's recent biennial conference in Chicago ... More 

Charles E. Bunch Receives NPCA's Heckel Award
Charles E. Bunch, Chairman and CEO of PPG Industries and NPCA's outgoing Chairman of the Board of Directors, has received the George Baugh Heckel Award ... More 

European Consortium on Nanotechnologies Established
The observatoryNANO consortium has been established to help European decision makers in government, industry and finance gain objective information for their decisions when considering a rapidly changing field of technology such as nanoscience and nanotechnology ... More 

Acquisition Action Report

Air Products Sells Non-Pressure Emulsions Business
Air Products has sold its non-pressure emulsions businesses and related production facilities in Elkton, MD, and Piedmont, SC, to Ashland Inc. for $92 million ... More 

Business Barometer 

Rohm and Haas Co. Completes Share Repurchase Program
Rohm and Haas Co. has announced that it has completed its accelerated share repurchase program ... More 

The People File

Tex Gunning to Join AkzoNobel
AkzoNobel has announced that Tex Gunning will join the company as Managing Director of its Decorative Paints business beginning Sept. 1, 2008 ... More 

Ideal Manufacturing & Sales Hires Terry Grunke
Ideal Manufacturing & Sales Corp. has hired Terry Grunke to be the Service Manager for its manufacturing team ... More 

Powder Coating Forum:  September 10-11, 2008

 

Company Portfolio

SCG-Dow Group Breaks Ground on PO Plant in Thailand
The Dow Chemical Co. (Dow) has announced that the SCG-Dow Group, a joint venture between Dow and The Siam Cement Group (SCG), has broken ground on a propylene oxide (PO) facility in Thailand ... More 

START-IT Puts Deacom on Radar for 'Hot' List
Deacom, Inc., Wayne, PA, has been named one of eight "Companies to Keep an Eye On" by START-IT magazine as part of its 2008 Hottest Companies Awards ... More 

Evonik Restructures Colorants Business
Evonik Industries AG's Coatings & Additives Business Unit is reorganizing its colorants business ... More

Prime Leather Finishes Partners with 3M
Milwaukee-based Prime Leather Finishes Co. has formed a strategic alliance with 3M Co. to manufacture and market protective coatings for a variety of leather products ... More 

DSM Desotech Opens Newly Expanded China Production Facility
DSM Desotech, a leader in the development and supply of UV-curable fiber-optic materials, has announced the opening of its newly expanded ink manufacturing facility in China ... More

Clariant Brazil Receives Award
For the fourth consecutive year, the Pigments & Additives Division of Clariant, a world-leading manufacturer of specialty chemicals, has received several important supplier awards in Brazil ... More
 

DSM Powder Coating Resins Opens R&D Facility in China
DSM Powder Coating Resins has opened a new R&D synthesis laboratory at the DSM Powder Coating Resins site in Kunshan, Jiangsu Province, China ... More 

Supplier Price Watch

Tronox Increases Titanium Dioxide Prices
Tronox Inc., on behalf of its subsidiary companies, has announced price increases for all TRONOX® titanium dioxide (TiO2) grades sold in Europe, Africa and the Middle East ... More 

Cytec Increases Price for CRYLCOAT® Powder Coating Resins
Cytec Industries Inc. has announced it is increasing the prices of its CRYLCOAT® powder coating resins shipped in North America on or after July 15, 2008. The price increase will be $0.07/lb. on all CRYLCOAT powder coating resins.

BASF Increases Prices for Kaolin and Latex Products
Effective July 1, 2008, or as allowed by contract, BASF will increase prices on all kaolin products that are manufactured at the BASF middle Georgia kaolin operation and exported to Asia and the Middle East ... More

Price Increase for Perstorp Carboxylic Acids
Perstorp, a specialty chemicals company, has announced price increases on carboxylic acids and formates effective July 1, 2008, or as existing contracts permit ... More

CECA Increases Price For Specialty Surfactants
CECA, an ARKEMA Group subsidiary, has announced increases of around EUR 150 per tonne in the sales price of its specialty surfactants, effective July 1, 2008 ... More 

Cognis Raises Prices
Effective July 15, 2008, or as provided by individual contracts, the Functional Products Division of Cognis Corp. is implementing a price increase for its coating additives mineral-oil-based defoamer products. Foamaster, FoamStar A-10 and A-12 will increase by $0.25-$0.30/lb ... More 

Nuplex Resins Raises Price of Coating Resins in North America
Nuplex Resins has announced a price increase for coating resins sold in North America effective July 7, 2008 ... More 

Huber Engineered Materials Increases Price for Calcium Carbonate
Huber Engineered Materials, part of J.M. Huber Corp., has announced a price increase for its industrial calcium carbonate grades ... More 

Solvay Chemicals, Inc. Raises Prices of Hydrogen Peroxide
Solvay Chemicals, Inc. will increase off-list prices for all commodity grades of hydrogen peroxide effective July 11, 2008, or as contracts permit ... More

Dianal America, Inc. Raises Price of Polymers
Due to continuing and unremitting escalation of raw material prices, energy and other costs, Dianal America, Inc. is raising prices on its polymers. Effective July 14, 2008, Dianal will raise prices 7 percent to 12 percent on grades of acrylic and styrene/acrylic polymers.

Dow Announces Price Increase for Acrylic Monomers
Dow has announced off-schedule price increases for acrylic acid and esters, also known as acrylic monomers or acrylates, globally effective July 1, 2008, or as otherwise allowed by individual contract terms ... More 

AkzoNobel's Industrial Finishes Business Unit Announces Price Increase
AkzoNobel's Industrial Finishes Business Unit, a global supplier of custom-formulated industrial finishes, coatings and wood adhesives, has announced a global price increase in response to rapidly rising raw material and energy costs ... More 

Price Increase for DEGALAN
In response to rapidly escalating costs for raw materials and energy, Evonik´s Coatings & Additives Business Unit has announced a price increase of up to 25 percent for its DEGALAN coatings resins and PVC modifier products, effective immediately ... More 

DSM Increases Prices
Rapidly increasing prices for crucial feedstocks and the increasing costs of freight, energy, and packaging have forced DSM to act and raise prices for its Uralac™ Polyester Powder Coating resin range ... More

Dow to Raise Prices For Oxygenated Solvents
The Dow Chemical Co. announced that it will raise both list and off-list prices on a number of its Oxygenated Solvents products in North America effective July 1, 2008, or as contracts allow.  The price increases vary from $0.03 - $0.08. For additional information visit www.dow.com.  

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

Association News

Details of NPCA/FSCT Merger Announced
On June 5, 2008, at the press conference for the American Coatings Show, Andy Doyle, President of the National Paint and Coatings Association (NPCA), provided additional details concerning the merger of the NPCA and the Federation of Societies for Coatings Technologies (FSCT), which took effect on June 2, 2008 ... More 

Meetings, Courses & Other Events 

SpecialChem Offers REACH Pre-Registration Training
SpecialChem is offering an online course by Dr. Cornelia Boberski titled "REACH: Setting up a Winning Methodology for Pre-registration." ... More

Planning Underway For European Coatings Show 2009
The European Coatings Show, scheduled for March 31 to April 2, 2009, will once again set the trends for the production of high-quality, competitive coatings, paints, sealants, construction chemicals and adhesives ... More

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