The Valspar Corp. announced plans to close several industrial-coatings plants, lay off 5% of its work force and take a $39 million pretax charge as part of a restructuring program aimed at improving its financial results.
Ferro Corp. completed its $525 million acquisition of the former Degussa Metals Catalysts Cerdec (dmc2) electronics materials, ceramics, glass and pigments units of Degussa AG from OM Group Inc.
PPG Industries Inc. says it has developed a "breakthrough" advance in powder-coatings technology that is reported to offer significant improvements in mar and scratch resistance in a range of finishing applications.
ASTM's two-day course, "Weathering and Durability," is scheduled for Oct. 16-17 in Seattle and Dec. 4-5 at the organization's headquarters in West Conshohocken, PA.
A jury in El Paso returned a $55.5-million judgment against Kelly-Moore Paint Co. in a case involving a cancer patient who had allegedly been exposed to asbestos.
Several regional air pollution control agencies in California have initiated discussions that are likely to lead to the enactment of new, tougher regulations on VOCs in architectural and industrial-maintenance (AIM) coatings.
The National Paint & Coatings Association is calling for a cooperative effort to find "new and effective solutions where lead-based paint constitutes a health threat."
Employees of ICI's The Glidden Co. unit and other volunteers painted kindergarten classrooms at 34 schools across the United States recently in the company's "Colorful Classrooms Campaign."
The Sherwin-Williams Co. announced that Larry J. Pitorak, the company's chief financial officer since 1991, has resigned to pursue other business interests.
Rohm and Haas Co. announced several facility-consolidation and shutdown moves as part of the company's ongoing cost-cutting program aimed at boosting financial performance.
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