Top Industry News                                 September 21, 2008 Issue

U.S. Demand for Sealants and Caulk to Grow
Demand for sealants and caulk in the United States is projected to increase 2.9 percent annually to more than two billion pounds in 2012, valued at almost $4 billion ... More 

Asian Coatings Consumption Continues to Rise
Asian coatings consumption continues its rapid rise owing to robust growth in the region's developing economies, such as those of China and India ... More 

Acquisition Action Report

BASF Makes Bid for Ciba 
BASF SE, the world's largest chemicals company by revenue, has made an offer to acquire Ciba Holding AG in a deal valued at approximately EUR 3.8 billion ... More

Ciba Buys Photoinitiator Business
Ciba Inc. has entered into an agreement with Lamberti Group to purchase the Italy-based specialty chemical maker's photoinitiator business ... More

Arizona Chemical to Purchase Abieta Chemie
Arizona Chemical has reached an agreement to purchase Abieta Chemie, a European rosin upgrading company, from private funds managed by AUCTUS Management GmbH & Co. KG equity firm ... More 

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Ecology Coatings Appoints New CEO
Ecology Coatings Inc. has appointed Robert G. Crockett as its Chief Executive Officer ... More 

Heucotech Ltd. Promotes Robert Poemer
Heucotech Ltd., a Heubach company, has announced the promotion of Robert Poemer to Business Manager ... More 

BASF Appoints Uwe Liebelt Group Vice President 
BASF has named Uwe Liebelt the Group Vice President of the company's Acrylics and Dispersions business in North America ... More

B.L. Downey Co. Hires Mark Prochaska
B.L. Downey Co. LLC has hired Mark Prochaska to assume the role of Maintenance Manager ... More 

Business Barometer

OMNOVA Solutions Reports Positive Third Quarter
OMNOVA Solutions Inc. has reported net income of $3.1 million, or $0.07 per diluted share, for the third quarter ... More

Bayer MaterialScience Opens PUD Production Site in Shanghai
Bayer MaterialScience has opened a production plant at its integrated production site in Shanghai, China, to manufacture polyurethane dispersions ... More 

Rohm and Haas and Solvay Chemicals Declare Force Majeure
In response to disruptions caused by Hurricane Ike, Rohm and Haas Co. and Solvay Chemicals have declared force majeure ... More 

Eastman Chemical Strengthens Russian Presence/Expands eCommerce Offerings
Eastman Chemical B.V. has announced it has opened a Representative Office in Moscow and has extended its relationship with ChemPoint.com, an online distributor of fine and specialty chemicals ... More

Supplier Price Alerts

Southern Clay Products Increases Prices
Effective Oct. 1, 2008, or as contracts allow, Southern Clay Products will increase list and off-list prices of Claytone^® and Tixogel^® organoclay additives ... More

Cytec Announces Resins Price Increases
Cytec Industries Inc. has announced price increases for its CYMEL^®, MELMAC^®, BECKAMINE^® and UFORMITE^® amino resins on all shipments in North and South America ... More

Lucite Announces Elvacite Resins Price Increase
Due to increased costs in raw material and transportation, Lucite International has announced a price increase for Elvacite^® core acrylic resins ... More 

Bayer MaterialScience Raises Prices
Effective Oct. 1, 2008, Bayer MaterialScience is raising its sales prices for coating and adhesive raw materials in the Europe, Middle East and Africa (EMEA) region ... More

Tronox Announces TiO2 Price Increases in Middle East and Africa
Tronox Inc. has announced that prices for all TRONOX^® titanium dioxide (TiO2) grades sold in the Middle East and Africa will increase ... More

Cray Valley Implements Sales Control
As a result of the lingering effects of Hurricane Ike, Cray Valley announced it will implement an 80 percent global sales control on all Wingtack^® products, based on year-to-date sales through August. The action takes effect immediately.

Association News 

Andreas Wolf Honored by ASTM International
Andreas Wolf, a scientist at Dow Corning GmbH in Wiesbaden, Germany, is the recipient of the Lou Toporcer Hall of Fame Award ... More

Meetings, Courses and Other Events

The American Coatings Show & Conference Set For 2010
Following its successful June 2008 premiere, the next American Coatings Show & Conference will take place April 12-15, 2010, at the Charlotte Convention Center in Charlotte, NC ... More 

A&WMA Offers Integrated Waste Management Systems Conference
The Air & Waste Management Association (A&WMA) will present "Integrated Waste Management Systems" Nov. 12-14, 2008, in Edmonton, Alberta, Canada ... More