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Home » Topics » Breaking News

Breaking News
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DuPont, Kansai Paint to Terminate Automotive-Coatings Joint Ventures

February 1, 2004
No Comments
DuPont Co. and Kansai Paint Ltd. of Japan agreed to terminate their automotive-coatings joint-venture relationships, citing "incompatible global strategies." The companies did not provide further details or comment on the action.
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Flood Co. Announces Additional Move Aimed at Boosting Overseas Business

February 1, 2004
No Comments
The Flood Co. named Guillermo "Willy" Rosenberg European Sales manager for the company's newly formed European subsidiary Owatrol International S.L.
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International Paint and Ink Council Backed for UN ‘Consultative' Status

February 1, 2004
No Comments
The United Nations' Committee on Non-Governmental Organizations (NGO) has recommended consultative status for the International Paint and Printing Ink Council (IPPIC), an alliance of coatings and ink manufacturing associations from around the world.
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Dow Chemical Announces Business-Unit Realignment

February 1, 2004
No Comments
The Dow Chemical Co. announced a reorganization of its global business groups into three units as part of an effort to improve the company's financial performance and strengthen long-term prospects.
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Wattyl Announces Sale of Wasser Coatings Unit

February 1, 2004
No Comments
Australian coatings company Wattyl Ltd. announced the sale of its Wasser High-Tech Coatings business, based in Kent, WA, to an investment group.
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Tikkurila Coatings Acquires Akzo Nobel Unit in Hungary

February 1, 2004
No Comments
Tikkurila Coatings Oy, responsible for Kemira's industrial coatings activities, has acquired Akzo Nobel Coatings' general industrial liquid coatings activities in Hungary.
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Valspar Acquires Netherlands-Based Auto-Refinish Manufacturer De Beer

February 1, 2004
No Comments
The Valspar Corp. has acquired De Beer Lakfabrieken, a privately owned manufacturer of automotive-refinish coatings based in Lelystad, The Netherlands.
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Ross & Son Co. Opens Second China Plant

February 1, 2004
No Comments
Charles Ross & Son Co. announced the opening of a second manufacturing plant in China, located in Wuxi City, approximately 70 miles from Shanghai.
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Investment Group Bids to Acquire Celanese AG

February 1, 2004
No Comments
An investment group led by New York-based The Blackstone Group submitted a buyout offer for Celanese AG, the Germany-based chemicals company.
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ICI Paints Acquires Eight Wilshire Paint Stores in California

February 1, 2004
No Comments
ICI Paints' North American division has acquired eight architectural-paint stores in the San Joaquin Valley of California from Wilshire Paint Co. in a transaction that ICI Paints said expands the company's total of retail paint stores to 75 in the state.
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