18th of February we received the sad news that Mr Arun Nangala (AK
Enterprise, Kolkota) is
He underwent a liver transplant surgery on 6th February. During the
surgery he had a brain hemorrhage. The doctors declared him brain dead on
7th but tried to revive him in the next few days. He finally lost his
battle for life on 14th at 1:00 pm.
Arun Nangalia visited our office about two years back. During his visit he
jokingly referred to his various ailments which he had. His confidence and
positive attitude towards life was very impressive. Never had a thought that it
would end up so soon.
Arun Nangalia will continue to live in our
memories and through his wife, two daughters and his brother Ajay.
Asian Paints to acquire ICI India`s unit for Rs 52 cr
Mumbai, Feb 20: Asian Paints Ltd today said it will acquire ICI India's auto
refinish business for Rs 52 crore.
The company today informed the Bombay Stock Exchange that US-based PPG
Industries Inc has signed a definitive agreement with ICI India, as a result
of which a portion of its auto refinish business comprising advanced
refinish range (2K) would be acquired by Asian PPG Industries Ltd.
Asian PPG Industries is a 50:50 joint venture between Asian Paints and PPG
Industries Inc. The business of ICI India would be acquired as a going
concern over the next few weeks, it said. <more>.
BASF Coatings Spa and Honda Italia Industriale seal partnership
Coating Flash February 05 2007
BASF Coatings Spa and Honda Italia Industriale Spa have signed a supply
contract for electrocoating products and products for coating plastic add-on
parts. Honda Italia Industriale is the Italian subsidiary of Honda Motor Co,
a motorcycle producer, which has been manufacturing motorcycles for the
European market since 1971. With 800 employees and an annual turnover of EUR
764 million, Honda Italia alone accounts for 40 percent of the brand's
motorcycle sales in Europe. The contract covers the supply of e-coating
products for the new coating line for motorcycle frames, which started
operation in March 2006. The coating line is located at the Atessa site (Chieti
province), where 160,000 motorcycles are produced for the European and US
market each year.
DuPont to build $50 mn R&D centre in Hyderabad
Bangalore, Feb 22. (PTI): US-based products and services company, DuPont on
Wednesday said it will open a knowledge centre in Hyderabad with an
investment of $50 million and accommodate 500 R&D professionals in the first
Executive Director of DuPont India, a subsidiary of $ 29 billion E.I. du
Pont de Nemours, Shankar Krishnan said the centre is expected to be
operational next year.
Basic R&D would be conducted at the centre. "Bulk of the R&D is now being
conducted in the US; some work will be shifted to India", he said. This is
in addition to the centre carrying out R&D efforts to meet specific
requirements of the Indian market.
DuPont offers a range of products and services for markets, including
agriculture and food; building and construction; communications; and
transportation. It has six manufacturing facilities in India in three sites
-- Baroda, Madurai and Hyderabad.
DuPont has close to 700 employees in India and is growing at more than 25
per cent every year, officials said. <more>
Jenson & Nicholson (India) loss narrows for Q3
Jenson & Nicholson (India) said that its net loss has narrowed for the
quarter ended December 2006. During the quarter, the company`s net loss
decreased to Rs 27.01 million, or Rs 0.88 a share compared with a net loss
of Rs 175.95 million, or Rs 4.86 a share, a year ago.
The net sales for the quarter increased 10.83% to Rs 67.86 million compared
with Rs 61.23 million, a year ago.
The total income for the quarter increased 6.18% to Rs 68.23 million
compared with Rs 64.26 million, a year ago. <more>
Asian Paints set for a brush with SE Asia
KOLKATA: Asian Paints plans to add fresh hues to its international
operations. After having ensconced itself in the Middle East, Caribbean,
South Pacific and South Asia, the paints major is looking at possible
acquisitions in three key countries — Thailand, Malaysia and China — in the
southeast Asian region, where it has a negligible market share.
Back home, the company is in the process of setting up its first exclusive
35,000 tonnes industrial coatings plant at Taloja, which is to be
commissioned in February. <more>
Kansai to help Nerolac shift to latest paints
KOLKATA, FEB 4: Kansai Paint of Japan has decided to inject
the latest technologies in Kansai Nerolac Paints Ltd, in which it has a 64%
stake, to help the industrial paint major retain its leadership position in
The technology upgrade will help the Indian unit follow the global shift
towards water-based products from the current solvent-based ones, to address
the demands of automobile industry for cheaper processes and of
environmentalists for safer products. <more>
Kansai Nerolac paints it rosy
Kansai Nerolac Paints Ltd has registered net sales of Rs 309.10 crore, an
increase of 8.6 per cent as compared to Rs 284.51 crore in the corresponding
period of the previous year. The profit before tax at Rs 36.88 crore as
compared to Rs 40.19 crore of previous year, excluding extraordinary gain of
Rs 50.39 crore arising out of sale of investments in an associate company in
the previous year. Cumulatively, the net sales for nine months ended as on
31 December, 2006, is at Rs 893.78 crore as against Rs 772.41 crore for the
same period in the previous year.
ICI India exits advanced refinish
MUMBAI (Reuters) - Paints maker ICI India Ltd. is selling its non-core
advanced refinish business to a joint venture between Asian Paints Ltd. and
U.S.-based PPG Industries Inc., for 520 million rupees.
"We want to focus on the decorative paints and the starch business," Company
Secretary R. Guha told Reuters over telephone. "We are moving out of the
In the last two years, ICI India has divested stakes in rubber chemicals,
explosives and speciality chemicals businesses, in line with the
restructuring by parent Imperial Chemicals Industries Plc.
In October 2006, it also divested stake in its flavour and food ingredients
business Quest India, leaving it focussed almost entirely on the paints
ICI India sees a growing opportunity in the food starch business, which it
plans to focus in addition to its paints business.<more>
Analyst say cut in duties will
benefit paint industry
According to analysts
at Edelweiss, a cut in the peak import duties will be beneficial for the
paint industry. The stocks which will be positively impacted are Asian
Paints, Kansai and Berger Paints. <more>.
Akzo Nobel says Netherlands becoming 'uncompetitive' due to high energy
AMSTERDAM (AFX) - Akzo Nobel NV board member Leif Darner, responsible for
the Chemicals division, said that 'the Netherlands are becoming a little bit
uncompetitive due to high energy prices, such as natural gas prices'.
Akzo Nobel (nasdaq: AKZOY - news - people ) is part of a consortium of heavy
industry companies that has been discussing the high energy prices with the
Akzo Nobel 4Q Earnings Tumble 27 Percent
Akzo Nobel NV, the Dutch maker of chemicals, industrial coatings, and
pharmaceuticals, reported flat sales and a 27 percent drop in fourth-quarter
net profit Wednesday, but one-time gains in both years distorted the bottom
Net profit came to euro230 million (US$299 million), down from euro317
million. The company booked euro25 million (US$33 million) in one-time gains
from selling some chemical production assets in the quarter, down from a net
gain of euro221 million in the same quarter of 2005.<more>
Barite a natural
Barium Sulphate from Ankerports N.V. Nederlands
Portaryte ® B and Diamelia ® are produced from carefully selected very
white Barite which is natural Barium Suphate because of its
Low Binder Absorption
Are succesfuly used in
Colour Master Batches,
HIghly Filled Plastics
Diamelia ® 40/10 is specially developed for Matt and semi glossy powder
coating finishes and Diamelia ® 3 in High Gloss Industrial Coatings
Please contact us for more information
M/S Western Commercial Corporation
502 Vishwananak, 5th Floor,
Chakala Andheri (East)
Tele 91 - 22 - 2839 44 41 / 42 / 43
Fax 91 - 22 - 2821 98 71
Enterprises Pvt. Ltd.
Vijay Enterprises is a leading manufacture of powder coating materials (PCM)
in India. VIJAY COAT today stands as a Reliable source of High Quality
and Durable Powder Coating materials at very reasonable prices. Vijay's
PCM find extensive application for industrial and other demanding
applications. Vijay enterprises was incorporated in 1995 with a view to
supplying quality PCMs to Indian industry. Vijay's manufacturing set up
is equipped with best machines from M/s Buss AG Switzerland who are
world's largest manufacturer of Powder Coating Machines. Vijay has now
established itself and earned a name for its quality supplies and prompt
delivery at very economic prices. VIJAY has multi-locational production
facilities near Ahmedabad in western India and at Silvassa in the U T of
Dadra & Nagar Haveli, 200 Kms off Mumbai. This makes it a competitive
source of PCMs to all customers.
Vijay Enterprises Pvt. Ltd.
Admin. Office :
103, Gita Bhavan, 1st Floor, Opp. Vijay Transport,
Narol Char Rasta, AHMEDABAD 382 405.
Telephone: +91-79-2532 9057, 25329374,Fax: +91-79-2535 9481
Your message here
You can reach thousands of people thorough our classified ads. Place
your own classified text ads. or messages here Just for Rs
500 (USD 10) only
Contact the moderator for details
3, Lalaram Nagar, Indore, 452001 MP India
Phone 91 731 2492291
brushes off takeover talk
ICI boss John McAdam shrugged off talk of the British chemicals giant being
sized up by Dutch rival Akzo Nobel, as the group posted an 8% rise in
full-year profit. The Dulux paintmaker has been the centre of takeover
rumours since last year when the Dutch group's chief financial officer
described ICI as 'a beautiful company'. James Knight, analyst at
Collins Stewart, said: 'A bid of up to 600p from Akzo Nobel remains a
possibility.' But McAdam insisted management are not getting distracted by
the market talk. 'We are having a great time. People within the business are
just concentrating on what they are doing,' he said. Pressed on what he
thought of the cream of British industry - such as Corus and Scottish-Power
- being bought by overseas players, McAdam said: 'I just watch with
interest. Increasingly it is a global business world.' <more>
Asian Paints commences production at Taloja,
(09 February 2007)
Asian Paints said that the company`s new manufacturing plant situated at
Taloja, Maharashtra has commenced commercial production on Feb. 09, 2007.
The plant has been established to manufacture industrial coatings with an
initial capacity of 14,000 KL per annum.
Asian Paints consolidated net profit increased 14% to Rs 713.93 million for
the quarter ended Dec 31, 2006 as compared to Rs 626.32 million for the
quarter ended Dec 31, 2005.
Total income (net of discounts & excise) increased 16.40% to Rs 9432.77
million from Rs 8103.39 million in the same quarter last year. Shares of the
company closed lower by Rs 20.65, or 2.58%, at Rs 780. Total volume of
shares traded at the BSE was 3,072. (3.44 p.m, Friday). <more>
Nippon Chemical to Boost Trivalent Chromium
Nippon Chemical Industrial plans to double its production capacity for
trivalent chromium salt for use in the surface treatment of vehicle
components via the construction of a new plant. The decision is in response
to the rising need for hexavalent-chromium-free surface treatment amid
tightening restrictions on the use of hexavalent chromium in Europe.
The company installed new facilities in the summer of 2006 at Tokuyama,
significantly lifting its output capacity, but wishes to further consolidate
its supply of aqueous trivalent chromium salt solution to fulfill the needs
of its customers in surface-treatment industrial sectors—end-use sectors
that have been promoting technological measures to adopt trivalent chromate
treatment ahead of schedule. <more>
Kärcher Introduces Innovative & Safe Dry Ice
Blaster For In-Place Cleaning
Kärcher Industrial Products, a division of the world's largest manufacturer
of high-pressure cleaning equipment of the same name, has introduced a dry
ice blaster, a highly effective and mess-free method for in-place cleaning
that eliminates the need to disassemble machinery before it is cleaned.
The new IB 15/80 Dry Ice Blaster uses compressed air to propel tiny dry ice
pellets at supersonic speeds so they flash freeze and then lift grime,
paint, rust, mold and other contaminants from off metal surfaces. Moreover,
the pellets quickly vaporize into the air so there's no messy wastewater or
solvents to dispose of, only the soiled contaminant that can be swept up.
Other cleaning media, such as sand or glass bead, can be too abrasive
sometimes etching or damaging the metal surface. Dry ice is non-abrasive,
using micro-thermal shock (the dry ice temperature is -109° F) to lift the
contaminant off the surface.
Dry ice blasting is growing in popularity because it completely eliminates
the need to disassemble machinery before it's cleaned. The labor savings is
significant, reducing to a few hours what used to take days to do.
Furthermore, dry ice blasting cleans in crevices that can't be reached by
hand or via other cleaning methods.