Akzo Nobel's escalation of its coatings activities in North America has gathered further momentum with the acquisition of The Flood Company -- the biggest independent wood-care business in the United States.
Matrix System Automotive Finishes, Inc., Walled Lake, Mich., has combined with Quest Specialty Chemicals Inc., ("Quest") and will continue under the name Matrix System Automotive Finishes, LLC, ("Matrix") with current operations in Michigan.
The global specialty-chemicals supplier Cognis, Monheim, Germany, reports net external sales of 1,715 million euros for the six months to June 30, 2006, a 7.0 percent increase compared to the same period in 2005. Adjusted EBITDA (earnings before net financial result, income taxes, depreciation, amortization and exceptional items) also grew by 7.0 percent to 214 million euros, and the company's overall profit margin was 12.5 percent.
Benda-Lutz Corporation (BLC) has opened the recent expansion to its plant in Independence, Ky. This second expansion in five years will increase capacity for its Blitz brand bonding service for the powder coating industry, allowing for reduced production lead times.
Flowserve Corp., Dallas, a global provider of fluid motion and control products and services, has announced the establishment of an award from the American Society of Mechanical Engineers (ASME), memorializing longtime Flowserve employee and pump technology expert Dr. Sankaraiyer Gopalakrishnan.
Cognis has received the 2005/2006 "Umweltschutzpreis" environmental award from the Federation of German Industries (BDI) in recognition of its Disponil® AFX surfactant systems.
Formed only in 1999, Becker Industrial Coatings Malaysia has outgrown its original manufacturing plant and has now successfully commissioned a larger plant of 5,500 square meters in Kota Kemuning, Selangor.
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