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Home » Topics » Breaking News

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ICI Looks to Boost Performance, Downplays Talk of Divestitures

December 1, 2003
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ICI said it plans to focus on "performance transformation rather than portfolio transformation," and indicated that major divestitures are viewed as being "unattractive at present."
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More States Enacting VOC Rules on Architectural and IM Coatings

December 1, 2003
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New York recently became the second northeastern state to enact a VOC regulation on architectural and industrial maintenance (AIM) coatings, as the state's Environmental Board adopted a rule based on a model regulation issued in 2000 by the 12-state Ozone Transport Commission (OTC).
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Names In The News -- December 2003

December 1, 2003
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People to watch
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Cytec Completes Purchase of Joint-Venture Resins Business

December 1, 2003
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Cytec Industries Inc. completed its previously announced dissolution of Mitsui-Cytec Ltd., a joint-venture business with Mitsui Chemicals Inc.
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Valspar to Record Earnings Charge Related to Service Contracts

December 1, 2003
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The Valspar Corp. said it will record an after-tax charge of $15.2 million in the company's fourth quarter for costs associated with estimated future service claims related to its furniture-protection plans, which are sold through U.S. furniture retailers.
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Cal Poly Launches Campaign to Build Coatings Tech. Center

December 1, 2003
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California Polytechnic State University (Cal Poly) San Luis Obispo unveiled plans for the construction of the Western Coatings Technology Center and the launch of a $5 million fund-raising campaign for the project.
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USM Issues Program Lineup for Waterborne Symposium

December 1, 2003
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The University of Southern Mississippi (USM) announced program plans for the 31st Annual Waterborne, High-Solids and Powder Coatings Symposium, scheduled for Feb. 18-20, 2004, in New Orleans.
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Growth in Pigments, Solvents Markets Forecast in Studies

December 1, 2003
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Value gains in the U.S. market for pigments in the next several years will be driven by a shift in the product mix toward more costly organic and specialty products that offer environmental or unique optical effects, a recently issued study concludes.
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Akzo Nobel Starts Operation at Non-Stick Coatings Plant in China

December 1, 2003
No Comments
Akzo Nobel formally announced the opening of its new non-stick coatings production facility in Dongguan City in southern China, marking the start of operations at a plant that produces non-stick coatings primarily for the rapidly growing cookware industry in China.
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NPCA Urges Support of Asbestos Legislation

December 1, 2003
No Comments
The NPCA recently issued a "grassroots alert" to association member companies, urging support of federal legislation designed to stem the threat of a flood of asbestos-related litigation against industries and companies that had little, if any, connection to asbestos production or use.
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