Quest Specialty Chemicals (Quest), a portfolio company of Audax Group and Moelis Capital Partners, announced the appointment of Doug Mattscheck as President and Chief Executive Officer, effective May 29^th.

Cytec Industries Inc. has initiated a formal sale process for its Coating Resins business. Cytec's target is to complete a transaction by the end of the year.

The Valspar Corp. reported its results for the second quarter ended April 27, 2012.

Robert Wendoll, Director of Environmental Affairs for Dunn-Edwards Paint, recently received an Industry Achievement Award by the American Coatings Association (ACA), in conjunction with the organization’s 125^th anniversary celebration.

Bayer MaterialScience plans to establish a global wind-energy competence and development center at its existing site in Otterup, Denmark.

Lloyd Kelley, 77, passed away on January 11, 2012, in Succasunna, NJ.

MarChem Corp., a producer of polyurethane and plastisol polymers, announced that through the entire 2011 calendar year, no OSHA accident was recorded at its St. Louis, MO, manufacturing plant.

BASF Automotive Refinish presented its Distributor of the Year Award to Leading Edge Auto Refinishers Inc., Phoenix, AZ, at its annual ColorSource™ Conference on April 19 in La Jolla, CA.

Asian Paints Limited announced its financial results for the quarter and year ended March 31, 2012.

Flint Group announced that Claudio Labbe, President, Flint Group Latin America, will retire from the company on July 1, 2012.