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TOPS
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Infomercial from Mitsuba Systems
Misconceptions about sieving powder
Sieving is important only for very contaminated powder.
Sieving will completely
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It is not necessary to sieve new powder.
The Truth
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 Pneumatic Siever from Mitsuba
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Asian Paints loses colour
Asian Paints lost ground on selling pressure from market players.
Between 2 and 9 May 2003, the scrip of the largest Indian paints company plunged 6 per cent to Rs 338.80 from Rs 360. Prior to that, between 24 April and 2 May 2003, it rose 11.8 per cent to Rs 360 from Rs 322.
Dealers said the fall in the stock was due to offloading of stake by institutions. As per market buzz, Unit Trust of India was actively selling in the stock last week.
There apparently is concern over the company's future growth following the rise in competition from contemporaries like Goodlass Nerolac. Fears that the company's March 2003 quarter results may be bad also contributed to the decline. The quarterly performance is expected to be impacted by the the rise in crude oil prices during the January-March quarter due to the US-Iraq war. Crude oil is a major raw material for paints.
Further details on http://www.rediff.com/money/2003/may/10hot3.htm
Berger Paints-Snowcem Deal Off
(Financial
Express)
Talks hit roadblock as differences on valuation crop up. The much-hyped deal between Berger Paints India Ltd and Snowcem India Ltd for acquiring the latter’s paints business, including intellectual property rights, has fallen apart.
The negotiation for a probable acquistion has hit a roadblock because of differences which cropped up on the valuation of the deal. While NM Rothschild & Sons (India) Ltd was advising Snowcem India Ltd on this transaction, PricewaterhouseCoopers was appointed by Berger to conduct the due diligence.
Informed sources said that the deal has fallen apart mainly on issues involving the valuation, among others. The valuation was dependent on the profitability multiple, based on which the due diligence was done. The report placed by the consultant threw up a number of issues which could not be ironed out by the two parties.
Further details on http://www.financialexpress.com/fe_full_story.php?content_id=35130
ECS 2003 Wrap-Up
http://coatings.de/ecs/start.cfm
The world's largest coating raw materials show in Nuremberg had no sooner begun than it was all over. Despite the spread of the SARS virus, fears of terrorist attacks and the war in Iraq, the show once again proved a resounding success. The figures attest to the enduring attractiveness of the ECS - it was attended by more than 16,000 visitors or roughly 8% more than were at the 2001 show. About 50% came from outside Germany, from a total of 85 countries. Although visitor numbers from the USA, China and Japan were down, this was more than compensated by visitors from
mainly Central and Eastern Europe.
Resignation Mr. Bremer from Akzo Nobel’s Supervisory Board
Arnhem, the Netherlands, May 13, 2003 – Akzo Nobel N.V. announced today that Mr. L. Paul Bremer III has resigned his position as a member of Akzo Nobel’s Supervisory Board, following his acceptance of a high U.S. government position.
Paul Bremer has been appointed by President Bush to be his Envoy to Iraq, heading the U.S.-led Office of Reconstruction and Humanitarian Assistance (ORHA). Because of U.S. conflict of interest rules, this means that he had to resign all his Board positions.
Aarnout Loudon, Chairman of Akzo Nobel's Supervisory Board said he is "very sorry to see Paul Bremer go," but accepted the resignation as he agreed "the new position to which Paul Bremer has been called by President Bush makes this unavoidable." He expressed his thanks and gratitude for the valuable contribution Mr. Bremer has made to Akzo Nobel.
Paul Bremer has served Akzo Nobel’s Supervisory Board since 1997, and has also been a member of the Nomination and Remuneration Committee since October 2002.
Antimicrobial Powder Coating For Hospitals, Homes Uses Silver -- Germ Fighter Pioneered by Egyptians, Phoenicians
ALEXANDRIA, Va.--(BUSINESS
WIRE)--May 9, 2003--
Ancient Egyptians used it to keep food supplies safe from fungus and mold. The Phoenicians used it to keep water from being spoiled by germs. Today silver is a key ingredient in new high-tech, powder coated finishes that hospitals and doctor's offices are using to protect walls, counters and other germ-gathering surfaces. Tomorrow those finishes may be used in home kitchens, bathrooms and on a wide variety of surfaces such as doorknobs, handles and push panels.
"These new finishes are an important tool in preventing the growth of microbes in or on commercial and consumer products such as HVAC systems, food service equipment, refrigerators and humidifiers, for use in hospitals, commercial buildings and homes," says Dr. Ravi Bhatkal of AgION Technologies, Inc.
The new finishes have been developed by the manufacturers of powder coating, an advanced method of finishing a wide range of materials and products. In powder coating, often called "dry painting," tiny dry particles of pigment and resin are given an electric charge, then sprayed on to a wide variety of consumer and industrial products. The electrostatic charge makes the powder particles stick to the surface. When heated in an oven, the powder is permanently fused into a uniform, durable, high-quality coating.
Long praised as a virtually pollution-free process that protects products from chips, scratches and stains, the new germ fighting powder coatings use silver as their key antimicrobial ingredient. Silver's protective benefits have been known since ancient times. And it's especially useful today, when germs are becoming increasingly resistant to modern antibiotics.
"Research shows that the mechanisms by which silver ions act against microbes are different than those by which antibiotics act," explains Dr. Bhatkal of AgION Technologies. "Silver also has multiple mechanisms of action. Use of silver as an antimicrobial is therefore unlikely to promote antibiotic resistance."
The new finishes have also been formulated to be effective long term. According to Greg Bocchi, Executive Director of The Powder Coating Institute, "Powder coating manufacturers have extended the protective life of the new finishes by developing an inorganic, ceramic additive that ensures the slow release of silver ions over a long period of time."
Antimicrobial powder coatings are currently in use at the new City of Hope's Helford Clinical Research Hospital in Duarte, California, on ductwork, door handles and hardware and push plates. Other hospitals and clinics are looking into using antimicrobial powder coated materials in emergency rooms, surgery areas and patients rooms, on cabinets, counters and other surfaces.
"These powder coatings just give us one more weapon against germs," says University of Arizona Microbiologist Dr. Charles Gerba, "They literally create self-sanitizing surfaces that require less time in cleaning and give us all greater peace of mind."
These uses appear to be just the start. Bosch and Siemens in Munich, Germany, is applying antimicrobial powder coating to the interior of refrigerators. Honeywell Corporation, in this country, is using powder coating to coat portable, air-blown humidifiers where wicks soak up water, which can provide a breeding ground for germs.
And in the Los Angeles area, AK Coatings is setting up a special Concept Home to field test antimicrobial powder coatings in high-touch areas on a wide variety of surfaces such as door knobs, handles and push panels, as well as on metal panels and railings inside the home's elevator.
Audit shows problems with 'incubator' grant
By LAURA LAYDEN, lllayden@naplesnews.com
The audit is done. But the question remains.
Will Larry and Donna Fox, owners of Global Manufacturing Technologies, be able to make good on a promise to create more than two dozen jobs in Immokalee?
The Collier Clerk of Courts Office has completed an internal audit of the Immokalee Manufacturing and Technology Center's second phase. The center, which received more than $1.3 million in state and county money, was expected to generate 22 jobs.
But it hasn't created the first one.
Instead, the building has been empty since June, attracting the attention of county auditors and leaving some local government officials wondering if they got their money's worth on the project, which was built to support a manufacturing center at Immokalee Regional Airport.
Global Manufacturing partnered with county government on the project and was expected to create the jobs. However, the company's owners have yet to reach a lease agreement with the Collier County Airport Authority.
The audit attempts to explain what went wrong with the project, without pointing any fingers. It appears some questions will never be answered, such as why a preliminary design wasn't done for the project before the county applied for a $750,000 Community Development Block Grant from the state to help pay for construction, said Ilonka Washburn, a senior internal auditor for Collier County who conducted the audit.
Though the project came in over budget, an additional $100,000 to $120,000 is needed to complete a
powder coating station for manufactured metals. It's not clear from where that money will come. If the additional equipment isn't purchased, about a third of the building can't be used.
The new building was built to support the manufacturing center, a so-called incubator designed to attract and help growing manufacturing businesses in Collier County.
Besides the powder coating center, it was to include an assembly area and a bonded warehouse where companies would be able to store materials and products under the control of U.S. Customs with lower tariffs.
Titanium Tough. The New High-Temp Coating That Looks Cool
http://www.rodandcustommagazine.com/techarticles/84298/
Tough and good-looking. Sure, that’s what they say about us, but these words are also applied to some of the new coatings showing up on hot rods.
For years, coatings meant chrome. Chrome contributes shine and style, but not much in the way of protection from heat or corrosion. A few years ago, powdercoating appeared as the hot new alternative to chrome. Powder-coating is colorful and offers excellent chip and scratch resistance, but can-not withstand temperatures above approximately 300 degrees.
Ceramic coatings, such as those offered by HPC and MCCI/Jet-Hot, give the advantage of high-temperature thermal protection for a reduction in radiated heat and lower underhood temperatures. Like chrome, thermocoatings provide a good-looking finish to engine parts. Unlike chrome, the high-temperature protection of ceramic coatings helps prevent corrosion and discoloring, making it a popular choice for exhaust headers.
The next step up the evolutionary ladder of coatings is the relatively new ceramic coating popularly known as titanium coating. The fact is, there really isn’t any titanium in titanium * coating. That’s just the name of one of several colors available, including gold, black, and white. The advantages of this high-temperature thermal coating with ceramic binders is its out-of-the-ordinary appearance as well as it’s extraordinary temperature rating—approximately 1,400 degrees metal temperature.
Akzo Nobel to divest Impregnated Papers business
Arnhem, the Netherlands, May 28, 2003
Akzo Nobel announced today its intention to divest its Impregnated Papers business to Deutsche Beteiligungs AG and Harvest Partners Inc. for EUR 114 million. Akzo Nobel expects the transaction to be concluded by the end of June 2003.
ICI TO SHED 700 JOBS
News of the Month - May
2003 http://www.pra.org.uk
Paints and chemicals group ICI is to reduce its global workforce by more than 700 by 2005 as part of cost-cutting programme, with 300 positions set to go in the UK, 300 across the rest of Europe, 70 in North America and 30 from the rest of the world. The company made the announcement as it unveil
CLARIANT TO SELL MASTERBATCH AND OTHER BUSINESSES
News of the Month - May
2003 http://www.pra.org.uk
Clariant, Switzerland's largest chemicals company, has put two of its five units up for sale, including Masterbatch and part of the life science and electronic chemicals units. The total assets up for disposal account for 7% of group sales, amounting to SF 650M ($490M). (Financial Times, 8 May 20
SICO ACQUIRES PARA INC. TO BECOME THE LEADING ARCHITECTURAL PAINT COMPANY IN CANADA
News of the Month - May
2003 http://www.pra.org.uk
Sico Inc. has acquired all shares of Para Inc., an architectural paint manufacturer located in Brampton for approximately $16.9M. Para is SICO's fifth acquisition since December 2000 and its largest to date. Founded in 1915, Para manufactures and distributes a full line of architectural paints an
NEW JAPANESE PAINT TO FIGHT SICK-BUILDING SYNDROME
News of the Month - May
2003 http://www.pra.org.uk
Plaza of Legacy Co. has launched a paint that helps combat the causes of so-called sick-building syndrome. The principal component of the paint is titanium dioxide, a optical catalyst that breaks down formaldehyde and other harmful substances in the air. Experiments conducted by a testing firm sh
BAYER CLAIMS WATERBASED AUTOMOTIVE CLEARCOATS READY FOR COMMERCIAL USE
News of the Month - May
2003 http://www.pra.org.uk
Two component waterbased polyurethane clearcoats are now available for commercial use as automotive topcoats, according to Bayer Polymers. The company has developed new raw materials technology and new application technology which makes waterbased systems commercially viable. The waterbased coati
POWDER COATING CLEARCOATS: ONE MILLIONTH BMW TREATED
News of the Month - May
2003 http://www.pra.org.uk
The one millionth powder-coated BMW left the assembly line in Dingolfing on 18 February 2003 - denoting over five years of commercial use of the technology on the BMW 7 series. (JOT, Apr 2003, 43 (4), 4)
US paint industry deals with lead labeling
The National Paint and Coatings Association (NPCA), based in Washington, DC, reached an agreement with US attorneys general on a new labeling program for lead.
Under the agreement, the NPCA will establish a national program of consumer warnings, point of sale information, and education related to the potential for lead-dust exposure during remodeling or renovating older buildings.
Coatings producers in the US will apply an interim sticker while working towards a permanent labeling program. The 19-month interim program will cover products manufactured on or after Sept. 30, 2003 and extend through April 30, 2005. The new labeling requirements will begin no later than December 31, 2004.
Dow announced start-up of converted epoxy resin plant in China
European Coatings Flash - May 19, 2003
The Dow Chemical Co. announced the start-up of production at the company's 41,000 metric-ton per-year epoxy resin plant at the Zhangjiagang site in China. The facility will produce solid epoxy resin used primarily in powder coatings, solid solution epoxy resins for marine and protective liquid coatings, and brominated epoxy resins for the production of electrical laminates. Markets for those end uses have experienced double-digit growth rates in China, said Phil Cook, Dow´s business vice president for Epoxy Products and Intermediates. The new plant will supply resins to China, other Asian countries and Australia.
Bri-Mar Manufacturing adds painting system
Bri-Mar Manufacturing LLC,Chambersburg, PA USA
a manufacturer of hydraulic dump trailers in Chambersburg, this spring increased its efficiency to adding a fully automated powder coat paint system.
The paint line runs on a continuous track. Not only does the switch to powder coating create better appearance, it also provides a cleaner working atmosphere and is environmentally complacent.
Kerr-McGee to close Mobile plant in june
European Coatings Flash - May 26, 2003
Kerr-McGee Chemical LLC, wholly owned by Kerr-McGee Corp., will close permanently its synthetic rutile plant in Mobile, Ala. June 5. The Mobile plant processes and supplies a portion of the feedstock for the company's two titanium dioxide pigment plants in the United States. Through Kerr-McGee's ongoing supply chain initiatives, the company is purchasing the feedstock more economically than can be manufactured at Mobile. The company anticipates that supply chain programs will result in annual operating savings of approximately $25 million to $30 million beginning in 2004.
Trenal and Akzo Nobel Inks join forces
European Coatings Flash - May 26, 2003
Akzo Nobel Inks has signed an agreement to acquire the entire share capital of Trenal S.A., a leading independent supplier specialized in web coldset newsinks and heatset inks. The former shareholders will remain a shareholder of the new group. Trenal is one of the leading players, and has one of the most modern Web inks manufacturing facilities, in Europe. The combination of Trenal and ANI will create a Web coldset business that is one of the Top 3 in Europe and also enable ANI to enter the large heatset inks market. The combined company will have in particular strong market positions in the Nordic countries and Benelux. Following the acquisition, it is planned that Trenal and ANI will continue to operate under their respective brands and all customer facing activities will continue as currently structured. In all other functions it will be looked to the best of both companies and combining functions as appropriate to create a world recognised Web inks company.
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