It may take months before we know the exact number of the people who died during the recent earthquake in Bam, southeastern Iran. The authorities have cited the figure of 30,000 dead and over 50,000 injured.
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Paints and Coatings. Stable results in 2002.
Coating Powder news Coatings.de
European manufacturers of paints and coatings sold 5.335 M tonnes of their products in 2002 according to the European Coatings Manufacturers Association (CEPE) in Brussels. Sales of paints and printing inks stagnated at 934,000 tonnes. The performance of individual small segments is discussed. A pie-chart sections the European market for paints and coatings according to products as follows: building paints 62%, wood coatings and preservatives 6.9%, powder coatings 4.6%, industrial coatings 10.6% and others 15.9%.
Spark Ignites Insulation At Superior Industries
Fri, Dec 19, 2003 The Morning News/NWAonline.net
FAYETTEVILLE -- Superior Industries received minor damage Wednesday when a spark ignited insulation attached to the roof in the processing plant, according to a Fayetteville fire report.
Battalion Chief Terry Lawson said the fire ignited at 7:22 p.m. at the 1901 E. Borick Drive plant where vehicle wheels are manufactured. There were no injuries. The fire caused $1,000 in insulation damage and there was no damage to the building.
Lawson said the firefighters were on the scene almost three hours because it took some time to pull down all the insulation. The department sent five engines and two ladder trucks to the plant, so the Springdale Fire Department sent a crew over to lend a hand on the north end of the city in case of an emergency.
Superior had a fire at the plant last week that caused about $80,000 worth of damage to the
powder coating machine and about $20,000 damage to the building. There were no injuries.
Rohm and Haas: 4 to 6 percent sales growth within the next years
Coatings Flash - December 22, 2003
Raj L. Gupta, Chairman and CEO of Rohm and Haas spoke at the Citigroup-Smith Barney Chemical Conference in New York City. He said the company's goal of 4 to 6 percent sales growth per year remains its long-term target, with innovation and new product
Degussa Coatings & Colorants to construct new plants in China
Coatings Flash - December 22, 2003
The Coatings & Colorants business unit of Degussa AG has announced plans to build a colorants plant and a manufacturing facility for producing coating polyesters at the Shanghai site of Degussa Chemicals (Shanghai) Co. Ltd. The new facilities will
New powder coating company gets loan
EAST FRANKLIN -- Ballistics Industries, LLC, received a Small Business First loan to offset start-up costs including building, equipment and working capital for a new business venture.
The new company opened its 6,480 square foot facility in East Franklin Township earlier this year to begin powder coating and sand blasting.
Degussa Coatings & Colorants to construct new plants in China
Coatings Flash - December 08, 2003
The Coatings & Colorants business unit of Degussa AG has announced plans to build a colorants plant and a manufacturing facility for producing coating polyesters at the Shanghai site of Degussa Chemicals (Shanghai) Co. Ltd. The new facilities will be dedicated to serving Coatings & Colorants customers in the rapidly expanding Chinese market.
The new plants will provide high-quality product solutions for Chinese paint and coatings manufacturers. By investing in the facilities, Degussa Coatings & Colorants is confirming its belief in the dynamic future of the Chinese market, as well as its commitment to supporting its clients on a global basis.
Altana Chemie extends China commitment
Coatings Flash - December 15, 2003
Altana Chemie AG, Wesel, is concentrating on the Asian market. With retroactive effect from July 1, 2003, Altana Coatings & Sealants has increased its stake in the existing joint venture of China's Shunde Rhenacoat Coating Co. Ltd. from 51% to 100%. By acquiring the remaining shares in Shunde Rhenacoat, the Altana Chemie business unit, Coatings & Sealants, is extending its position in China, enabling faster technology transfer to take place and itself to respond even more rapidly to individual customer demands in this market of the future. Shunde Rhenacoat is a specialist for the packaging sector and industrial applications, and maintains a production site in Shunde in Guangdong province. Altana Coatings & Sealants with 876 employees made sales of ?221m in 2002. Each business unit is represented in China with its own companies and local production.
Dec 23 2003
Alan Plews, Evening Gazette
A company is to increase its staffing levels more than six-fold in expansion plans for next year.
The father and son team of Ed and Shaun Smith is investing more than £500,000 in new technology at MDF Powder Coatings, with part of the cash coming from government funding.
Based on the Bonlea Trading Estate, Thornaby, the two-year-old company was launched to target the construction industry and has since diversified into the steel industry which includes powder coating parts for the automotive trade, palisade fencing and domestic and industrial appliances.
But the new technology will allow expansion into the shopfitting, furniture, shelving systems and signage markets.
With a current staff of four, it is expected that a 24-hour shift system will be needed by the middle of the year, which means an increase of 25 jobs.
Sean Smith said: "After investing many months in time, effort and development we hope to offer our customers the commitment, quality and consistency they demand for 2004."
With the latest technologies, powder coating is a viable alternative to wet spray finishing, laminating and membrane pressing.
The key advantages include a single coat finish with the look of paint and functionality of laminate.
Higher processing speeds and the removal of solvent use means a more economically and environmentally friendly way to finish wood products.
Weak Resins Market Prompts Several
Firms to Divest Units.
December 2003 e-epoxy.news: Your e-source for epoxy news
The coating resins sector is undergoing a period of change, as weak market conditions have prompted several key players to put their businesses up for sale. According to Dan Murad, consultant at The ChemQuest Group in Cincinnati, some smaller players are being forced to put their businesses on the block because they do not have the cash flow to increase investments in R&D to keep up with customers' changing needs. Several of the largest players, including Dow Chemical, Rohm and Haas (R&H) and UCB, have increased sales through acquisitions, which they use to invest back into R&D, says Murad.
Resin makers say the market is growing with GDP, at best. The U.S. market was about 6.67 billion lbs. last year, with acrylics accounting for 35 percent of demand, according to ChemQuest. R&H is the largest producer of acrylic resins. Epoxy resins accounted for 9 percent of demand.
According to Alan Barton, vice president and business director/coatings at R&H, most end-use sectors that R&H serves are stagnant, as the North American and European markets have matured, and automotive OEM is "flattish," particularly in North America, where the Big Three automakers are losing market share to Japanese firms. "Business is up or down, depending on whom each supplier is aligned with," he says.
The decorative sector is mixed: the contracting market is down, but the do-it-yourself business is growing, according to Barton, who also believes that the industrial finishes market has suffered because it is heavily tied to capital goods, where demand is down. The industrial sector has hit the bottom, however, because "we have been bumping along at the same level for a while, and we are starting to see signs of an upswing," he adds.
One way to ensure growth is to become a preferred supplier to paintmakers that plan to grow their market share via acquisitions, according to Carlo Spaniol, global marketing manager/epoxy resins for coatings at Dow. "We get a feel of a customer's strategy and cash flow, and position ourselves to serve them," he says. According to Spaniol, Dow is also forming partnerships with key paint companies, but he declined to give an example. He adds that firms are offered services and R&D capabilities.
Resin makers are also investing in Asia, the fastest-growing region. Akzo is building an acrylic, alkyd and amino resins plant at Suzhou, China, due onstream in 2004. Dow bought an 80-percent stake in Pacific Epoxy, an epoxy resins maker at Kumi, Korea, to expand its base in Asia. Dow also completed a 40,000 m.t./year epoxy resins site at Zhangjiagang, China, earlier this year. R&H recently opened an adhesives and sealants and coatings plant at Taloja, India, that includes water-based latex emulsion polymers for paints. The company has plants at Beijing and Shanghai, and will expand "to fit the market's needs," Barton says. Cytec Industries recently
assumed 100-percent ownership of its coatings resins joint venture with Mitsui Chemicals.
Several players have put their businesses up for sale. Akzo Nobel put its $470 million/year coating resins business on the block in September. Akzo does not have the critical mass to keep up with leading players, particularly acrylics, according to Murad. The business also makes lkyd, melamine, polyester and waterborne resins.
Eastman Chemical's coatings resins business has been identified as one of the units within its coatings, adhesives, specialty polymers and inks division that the company will either sell, restructure or close.
Several deals in the sector have already been completed. UCB (Brussels) agreed to acquire Solutia's liquid coatings resins business, and Celanese purchased Clariant's European emulsions business.
The number of announced deals provides a picture of the poor shape that the resin sector is in, Spaniol says. Many resin producers are not returning their cost of capital, according to Barton, who notes that more producers may put their businesses up for sale. "I don't think the sector's restructuring is done yet, and there will be a wave of activity over the next few years," he says. R&H says it is not on the acquisition trail, however, because it is currently working on paying down debt.
News In Brief
Goodlass Nerolac paints on regional canvas
MUMBAI: Goodlass Nerolac, the country’s second-largest paint maker, has restructured its decorative paints brand portfolio to bring the total number of brands from 25 to a mere three.
‘‘Earlier, we had around 25 brands in the decorative segment. However, we have recently consolidated them to just three — Nerolac Suraksha, Nerolac Excel and Nerolac Alscape. The focus is now on developing Nerolac as the mother brand,’’ said Goodlass Nerolac managing director HM Bharuka.
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