Durakon Industries, provider of thermoformed products and paint-film technology to the automotive industry, plans to optimize the manufacturing operations in Clinton, scheduled for completion by July.
The Bayer AG board of management has approved an investment package totaling €700 million, which Bayer MaterialScience AG, Leverkusen, Germany, will use to expand its capacities for key products.
BASF is building an alkylethanolamine (AEOA) plant at its U.S. Verbund site in Geismar, La. The new plant, scheduled to come on line in 2007, complements existing amine production facilities at Geismar.
Tronox Incorporated marked its first day as an independent company on March 31, following the completion of the distribution by Kerr-McGee Corp. of its shares of Tronox Incorporated Class B common stock to Kerr-McGee shareholders.
Reichhold, Prosim and Ege Kimya have jointly announced the creation of a strategic alliance in Turkey in the fields of saturated polyester resins for powder coatings and unsaturated polyester resins for composites applications.
Insl-x Superior Coating Systems, manufacturer of specialty paints and coatings, Stony Point, N.Y., and Eliokem, a leading global specialty-resin manufacturer, Villejust, France, have a joint initiative to promote ODORLESS Primer/Sealer, Insl-x's low-odor stain killer.
The NPCA Architectural Coatings Model predicts real, although slowing, growth in architectural coatings in 2006. The housing market is cooling slightly, whereas the construction market is expected to remain steady in the non-residential sector.