According to a newly released market study, U.S. demand for paint and coatings is forecast to grow 3.8 percent annually to 1.4 billion gallons in 2019, valued at $31.5 billion.
PPG Industries has completed its acquisition of IVC Industrial Coatings Inc., a U.S.-based specialty powder and liquid coatings manufacturer with 2014 sales of more than $100 million.
Paint and coatings manufacturer AkzoNobel announced plans to invest more than €1.3 million to build a pilot plant for coating resins at its Performance Coatings site located in Felling, UK.