Global Top 10 and PCI 25

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The Valspar Corp., a leading manufacturer of paints and coatings, has completed the previously announced acquisition of Inver Holding S.r.l. (Inver Group), an industrial coatings manufacturer in Europe.

PPG Industries’ coil and extrusion coatings group announced that its line of fluoroethylene vinyl ether (FEVE)-based powder coatings will again be marketed under the CORAFLON^® brand name, reversing a previous decision to sell them under the NEWLAR™ brand name that PPG acquired with the purchase of Spraylat Corp. last December.

PPG Industries recently reported record second quarter net sales in 2013 of $4.1 billion, up 16 percent versus the prior year. Second-quarter 2013 reported net income from continuing operations was $341 million, or $2.35 per diluted share.

BASF is investing around €90 million to set up a world-scale production plant at the Shanghai Chemical Industry Park in Shanghai, China.

RPM International Inc., Medina, OH, has promoted four of its employees at its corporate headquarters.

Private equity firm Arsenal Capital Partners (Arsenal) has completed the acquisition of ADCO Global Inc. (ADCO Global), a global provider of specialty sealants, tapes and adhesives.

PPG Industries announced several executive appointments that are effective August 1.

The Dow Chemical Co. (Dow), Midland, MI, is being sued by paint and coatings manufacturer Akzo Nobel NV, Amsterdam, the Netherlands.

PPG Industries has inaugurated a new manufacturing facility for the production of heavy-duty equipment coatings in Tianjin, China.

The following is the rankings of the top global coatings manufacturers and The PCI Top 25 North American coatings manufacturers in 2012.