PPG issues statement
PPG issued the following statement, on April 19, in connection with its proposal to AkzoNobel to form a combined company:
PPG has listened carefully to AkzoNobel's new strategic plan and we continue to believe in the merits of combining the two companies. PPG believes that AkzoNobel’s new strategic plan will be more risky and create more uncertainty for AkzoNobel stakeholders including employees and pensioners, as Akzo's revised strategy would create two smaller, unproven companies and result in additional restructuring.
AkzoNobel unveils new strategy to accelerate growth and value creation
AkzoNobel today outlines a new strategy to accelerate growth and value creation with two focused, high-performing businesses - Paints and Coatings and Specialty Chemicals - which will lead to a step change in value creation for shareholders and all stakeholders.
Axalta opens regional Auto Refinish Training Centre in Dubai
Axalta has launched the first of its kind Automotive Refinish Training Centre in Dubai, UAE.
Teknos acquires Feyco Treffert
Teknos has entered into an agreement with Looser Holding AG, an industrial holding company recently acquired by Arbonia AG, to acquire its global wood coatings division, Feyco Treffert, operating in Switzerland, Germany, Malaysia, China, the USA and Liechtenstein.
Berger Paints and Chugoku Marine Paints sign MOU
Berger Paints and Chugoku Marine Paints of Japan have entered into a Memorandum of Understanding (MOU) for co-operation and collaboration in the ﬁelds of marine and related industrial paints in India.
Intersleek milestone with 1000th application
AkzoNobel’s on-going efforts to make shipping more sustainable reached another landmark recently with the 1000th application of Intersleek 1100SR, the biocide-free fouling control coating.
Coatings sector warns of Brexit risks in major industry survey
A major survey conducted by the British Coatings Federation (BCF) has revealed some significant concerns of the coatings sector regarding the economic and regulatory landscape post-Brexit.
New Marketing Director for Lomon Billions
Lomon Billions has announced the appointment of Mrs Julie Reid to the role of Marketing Director.
‘Super-transparent’ pigment preparations
Clariant has launched Hostatint A 100-ST, a range of super-transparent preparations based on non-halogenated pigments.
Songwon opens Technology Innovation Center
Leading speciality chemicals manufacturer, Songwon Industrial Co Ltd has officially opened its new Technology Innovation Center in Korea.
Products in Brief
Angus Chemical Company’s DMAMP, Flexitane and Zoldine, provide formulators with unique multifunctional ingredients for a wide variety of applications and performance benefits.
Grace features greener solutions
W R Grace & Co’s Syloid Rad 3007 matting agent for UV wood coatings is for 100% VOC-free, radiation-cured coatings.
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