RPM International Inc. reported sharply improved net sales for its fiscal 2012 second quarter ended November 30, 2011. Net income increased slightly, and earnings per diluted share were flat, due to higher raw material and acquisition-related expenses.
AkzoNobel announced plans to strengthen its position in packaging coatings by exercising the right to buy the remaining shares of Metlac, an Italian-based packaging coatings producer.
PPG Industries announced that it has completed the purchase of European coatings company Dyrup A/S, based in Copenhagen, Denmark, from its owner, Monberg & Thorsen, a public holding company.
PPG Industries’ aerospace coatings group has commercialized the first electrocoat-application primer for global airframe manufacturers and subcontractors to coat parts for commercial, military and general-aviation aircraft.
RPM International Inc. announced that its Board of Directors has declared a regular quarterly cash dividend of $0.215 per share, payable on January 31, 2012, to stockholders of record as of January 13, 2012.
The PPG Industries Foundation donated $5,000 to the Women in Engineering (WiE) Program at The Ohio State University to support the 2011 WiE CHEER (CHEmical Engineering Rocks!) summer program for girls about to enter ninth grade.
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