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Home » Topics » Breaking News

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Akzo Nobel to Acquire Stake in Distributor

October 1, 2004
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Akzo Nobel announced an agreement to acquire a 30% stake in the German decorative-paint distribution company
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NPCA Seeks to Rein in California's ‘Environmentally Preferable Products' Initiative

October 1, 2004
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The NPCA and its California Paint Council are "intensely engaged" in an effort to scale back the state of California's "Environmentally Preferable Products" Database initiative.
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Arch Coatings Rolls Out Dual-Cure, Textured Coatings

October 1, 2004
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Sayerlack, the brand owned by the Coatings Division of Arch Chemicals Inc., showcased new dual-cure UV coatings and textured finishes at the recent International Woodworking Machinery & Furniture Supply Fair in Atlanta.
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Tikkurila to Acquire Majority Stake in Ukraine's Kolorit

October 1, 2004
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Tikkurila Oy, the paint and coatings business of Finland-based Kemira Oyj, announced plans to acquire a 51% stake in Kolorit Paints, based in Kiev, Ukraine. Completion of the transaction was anticipated in September.
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Akzo Nobel, BASF Announce Deals to Swap Coatings Businesses in Europe

October 1, 2004
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Akzo Nobel and BASF announced a swap of coatings businesses in transactions that will send BASF's Glasurit Construction coatings business to Akzo Nobel and transfer parts of Akzo Nobel's Car Refinishes business in Europe to BASF.
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Bayer Plans Spinoff of LANXESS Corp.

October 1, 2004
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Bayer Group formally announced the launch of a new company, LANXESS Corp., as part of a plan to spin off major portions of Bayer's chemicals and polymer operations, including inorganic-pigments and paint-additives businesses.
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Eastman Completes Sale of Coatings, Adhesives, Ink Businesses to Apollo Management

October 1, 2004
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Eastman Chemical Co. completed the sale of certain businesses and product lines of the company's coatings, adhesives, specialty polymers and inks (CASPI) segment to the private investment firm Apollo Management L.P. Eastman said the sale is part of a plan to boost profitability.
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TiO2 Suppliers Announce New Round of Price Hikes

October 1, 2004
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The major suppliers of titanium dioxide (TiO2) pigments, citing strong economic growth rates and rising demand, recently announced the latest of several price-increase moves taken since the start of the year. Price hikes of 6¢/lb. were announced for the United States, effective Oct. 1, with comparable increases announced for other regions of the world.
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Kerr-McGee Shutting Down Sulfate TiO2 Production at Savannah, GA, Plant Site

October 1, 2004
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Kerr-McGee Chemical L.L.C. announced plans to shut down sulfate titanium dioxide (TiO2) pigment production at the company's Savannah, GA, site in a move the company said would take effect by the end of September.
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Names In The News -- October 2004

October 1, 2004
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people making headlines
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