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Home » Topics » Breaking News

Breaking News
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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
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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
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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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COMPANY NEWS IN BRIEF
December 2003

December 1, 2003
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Companies in the headlines
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EC Issues Formal REACH Proposal; Industry Groups Quick to Launch Attacks

December 1, 2003
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The European Commission formally issued its much-criticized REACH chemicals-registration proposal, a sweeping measure that goes before the European Parliament and EU government ministers for ratification.
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Akzo Nobel to Acquire Plastics-Coatings Business

November 1, 2003
No Comments
Akzo Nobel announced an agreement to acquire the specialty plastics-coatings business of Techni-Coat International N.V. Terms were not disclosed.
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OBITUARY: Louis A. Ruckgaber Jr.; Headed Egyptian Lacquer

November 1, 2003
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Louis A. Ruckgaber Jr., chairman and president of Egyptian Lacquer Manufacturing Co. Inc. and a longtime chairman and member of the National Paint & Coatings Association's Management Information Committee, died Sept. 24 in Columbia, TN, following a battle with cancer. He was 73.
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