Major suppliers of titanium dioxide (TiO2) pigments are taking actions to raise prices in an effort to reverse what one industry source called "catastrophic" price erosion over the past year due to economic downturns worldwide and the impact on TiO2 demand.
The National Paint & Coatings Association has appealed a court decision upholding coatings-VOC limits imposed by the South Coast Air Quality Management District (SC AQMD).
In a decision hailed by an advocacy group as a victory for the plaintiffs, Rhode Island Superior Court Judge Michael Silverstein ruled that the state's attorney general can proceed with a lawsuit against former suppliers of lead-based paint and lead pigments.
ExxonMobil Chemical announced an agreement to acquire Solutia Inc.'s 50% stake in Advanced Elastomer Systems, a partnership business of ExxonMobil Chemical and Solutia.
Littlejohn & Co., a private investment firm based in Greenwich, CT, has acquired Eliokem, the former North American and European specialty chemicals businesses of The Goodyear Tire and Rubber Co.
The Valspar Corp. named John Ballbach president and chief operating officer and announced the appointment of Steve Erdahl and Bill Mansfield to top executive positions.
Degussa AG, D¿sseldorf, Germany, announced a production-capacity expansion for the polyamide 12 powder VESTOSINT(r) at the company's Marl, Germany, chemical complex.
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