Recently appointed ICI plc CEO John McAdam said the company would initiate a "significant program to improve cost effectiveness," including job cuts and other moves, following a sharp decline in first-quarter earnings.
BASF Automotive Refinish announced a sponsorship and supply arrangement with Ford Motor Co.'s newly opened Ford Paint and Body Technology Center in Ypsilanti, MI
Crompton Corp. will sell its OSi Specialties organosilicones business to General Electric Co.'s GE Specialty Materials business for $645 million in cash and the transfer of GE's Specialty Chemicals business to Crompton.
Engineered Polymer Solutions/Color Corp. of America , has appointed the T.H. Hilson Co., Wheaton, IL, distributor in the upper Midwest. EPSCCA is a supplier of resins and colorants for architectural and industrial coatings.
Professional Paint Inc.'s wholly owned subsidiary General Paint Corp., based in Vancouver, British Columbia, has acquired Ideal Paints of Toronto, a regional manufacturer and retailer of architectural coatings.
Huntsman Corp. has completed the purchase of ICI plc's debt and equity holdings in Huntsman International Holdings L.L.C. and the acquisition of the minority positions of two investment firms in Huntsman International Holdings.
Merck KgaA's Pigments Division announced a change in the division's North American effect-pigment brand name to Iriodin, a move that eliminates the Afflair brand for the company's pearl luster pigment product line.
PPG Industries Inc. said it has renamed its light industrial coatings product line “PPG TrueFinish industrial coatings” and announced realignment moves that the company said would result in improved service to customers, many of which are small OEM manufacturers and contract coating businesses.
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