Now you too can help us in composing the monthly newsletter. As an
experiment we have initiated a scratchpad wiki where you can add/delete/edit
any information you like. Just click the "EDIT" button on the top of the
wiki page and add/edit/delete the information you like. This is a new wiki
concept. Allowing everyday users to create and edit a page in a website is
exciting in that it encourages democratic use of the Web and promotes
content composition by nontechnical users. This is an experiment A
scratchpad. Please let us know your feedback
We have introduced a couple of more pages on our website.
The Powder Coating Suppliers page.
Almost all the powder manufacturers have a dealer network present in
most of he major cities. This is the link which connects the powder user to
the powder manufacturer. We invite all the powder dealers to promote there
business through our new page. As an introductory promotion of this
page we offer a FREE
listing on the powder coating suppliers for one year
During production, often there are problems with the finishes of your
products like nicks, scratches, or blemishes. With the aerosol touch up
spray paints, these problems can be resolved fast and efficiently. Aerosol
paint (spray paint) Paint in a sealed pressurized container that is
released in a fine spray mist when depressing a valve button located on the
top of the can. When applied correctly, aerosol paint leaves a smooth,
evenly coated surface, unlike many rolled or brushed paints. Standard sized
cans are portable, inexpensive and easy to store. Aerosol primer can be
applied directly to bare metal and many plastics. We invite manufacturers of
these touch up paints to add there details to this new page.
www.ipconweb.com/listing.htm for other promotion options
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
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Contact the moderator for details
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Phone 91 731 2492291
Atlas Material Testing
Technology (India) Private Limited
Atlas is a recognized leader in material testing, offering a complete
line of instruments and services for accelerated and natural weathering.
The Atlas Consulting Group helps clients develop the best weathering
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"Four Winds", Nr. 8, (Old Nr. 18)
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Chennai 600 034
Infomercial from Vijay Enterprises Pvt. Ltd
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
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Telephone: +91-79-2532 9057, 25329374,Fax: +91-79-2535 9481
ICI India to separate paint and chemical businesses
MUMBAI: ICI India is headed for
a demerger after its parent company ICI on Monday accepted a takeover offer
from Dutch conglomerate Azko Nobel for £8.1 billion (about $16 billion). ICI
India’s paints and speciality chemicals businesses will be divided as Azko
Nobel has an agreement with Henkel to sell ICI’s adhesives and electronic
material businesses for £2.7 billion.
ICI India’s paints business, with revenues of Rs 900 crore, will go to Azko
Nobel, while its adhesives and electronic material division, with revenues
of Rs 100 crore, will go to Henkel. This transaction is likely to be
completed by the end of the year.
ICI holds 51% in ICI India. The Indian company had recently announced a Rs
210-crore share buyback scheme. If successful, it will take the promoters’
stake up to 56%. Asian Paints holds close to 10% in ICI India, which it
acquired in 2003 at Rs 205 per share. <more>
Akzo Nobel to make 20% open
offer for ICI India
With Dutch paint maker Akzo Nobel giving the nod today for the $16 billion
global takeover of ICI, Akzo is expected to make an open offer of 20 per
cent to the shareholders of ICI India. India’s largest paint maker Asian
Paints also holds a 9.2 per cent stake in ICI India.
According to the Securities and Exchange Board of India (Sebi) regulations,
a company, which intends to buy shares that would entitle it to exercise 15
per cent or more voting rights, has to make an open offer for at least an
additional 20 per cent shares of the target company. The open offer will be
priced on the average 26-week price or the average of the daily high and low
prices, two weeks prior to the date of announcing the offer.
In case the shares of the target company are not frequently traded, then the
pricing parameters for the open offer will be based on the fundamentals of
the company such as returns on the net worth of the company, book value per
share, EPS and so on.
Akzo executives from Amsterdam refused to comment on India specific
initiatives, citing it was too early to comment.
In India, the Akzo Nobel group comprises six business units and employs
around 1,200 people across pharma, coatings and chemicals businesses. ICI
India Director M R Rajaram said the acquisition formalities were expected to
be completed only by late-December, after which the company would take up
country-specific initiatives. ICI India also has an adhesives business worth
Rs 100 crore, which is 11.76 per cent of the company’s total business of Rs
850 crore. However, ICI India executives did not comment if the adhesives
business would be spun off into a separate segment before the open offer. <more>
ICI brand name under threat after sale to rival
The future of the ICI brand looks uncertain
after its sale to Dutch rival Azko Nobel is finalised. The brand has been
synonymous with British industry for eighty years.
Akzo says it is “very possible” it will retain its own name after the deal
goes through, but that the decision had not yet formally been made.
Hans Wijers, Akzo chide executive officer, says that the company would
definitely retain ICI’s Dulux brand.
Akzo is keen to merge ICI’s paints business with its own and estimates this
will achieve cost savings of £189m.<more>
Azko Nobel investors warm to ICI takeover
Akzo Nobel shareholders have warmed to an agreed £8.1bn acquisition of ICI,
the UK chemicals company, following meetings between Akzo's management and
However, some investors warned that a further deterioration in global equity
markets could force them to reconsider and possibly ask Akzo's management to
renegotiate the price<more>
US firm Velspar targets Grand
Valspar Corporation, the
$2.97-billion global paints manufacturer, is planning to enter the Rs
11,500-crore Indian paints market. The Minneapolis-based (US) company has
held talks with Baroda-based Grand Polycoats, an unlisted firm that
specialises in making protective industrial coatings.
Grand Polycoats CFO Maulik Mehta confirmed talks with Valspar, but said it
was not up for sale. ‘‘Many companies, including Valspar, have approached us
but we have our own strategy for growth. There’s no reason to sell out at
He could afford to say so. Grand Polycoats, whose protective coatings are
used in auto parts, engineering and capital goods, chemicals and
petrochemicals, has been growing at almost double the industry’s average
growth of 10-12 per cent.
My wife Mrs Jaba Kundu and myself deposited Rs 13,000 each in two separate
receipts for FDRs to earn interest @15 per cent per annum with Jenson and
My FDR No is 003901/70/C12 dated 2 March 1998. The company’s repayment
cheques of Rs 13,000 each being No 003185 and 003988 on Standard Chartered
Bank, 4 NS Road, Kolkata dated 2 March 1999 were returned dishonoured.
The company’s promise in their letter dated 7 January 1999 to clear out all
dues within November 2002, has failed miserably.
The Reserve Bank of India in their notice dated 14 April 1999, prohibited
the company from accepting deposits from any person including existing
I am a 74-year-old man running pillar to post to realise our deposits.
I draw the attention of the company law board and other appropriate
authorities to take necessary actions against such mischievous operators
from taking innocent investors for a ride.
Dilip Kumar Kundu
P-16, CIT Road (XM), Beleghata, Kolkata 700010
Paint majors ride the
real estate boom
Riding on the back of a real estate boom, paint companies are extremely
bullish on India, which is among the fastest growing markets across the
Among the international companies that are increasing their investments is
the Japanese paint major, Nippon, which is putting in about Rs 80 crore for
manufacturing facilities in Gurgaon and a 25-acre unit in Chennai.
With Akzo Nobel likely to acquire ICI Paints globally for $16 billion, the
Dutch giant will increase its play in India, say analysts.
Akzo already has a powder coatings business in India through its acquisition
of Courtaulds in July 1998, and it has also entered the decorative paints
American giant Dupont, which supplies inputs like Titanium Chloride to paint
companies in India, is also expected to expand its presence here. A company
spokesperson confirmed that plans were being worked out, but refused to
Industry experts expect other companies like Behr and BASF to step on the
The Rs 11,000-crore Indian paints market is growing at double digits and the
decoratives segment, which accounts for 70 per cent of sales, is growing in
excess of 20 per cent.
Asian Paints, the country’s largest paint manufacturer, also has major
expansion plans. The company is setting up its largest facility, which will
have a capacity in excess of one lakh kilo litres, at Rohtak in Haryana. It
will focus on emulsions. <more>
10 injured in Ghaziabad paint factory blaze
Saturday August 25, 12:34 AM
Over 10 people were injured, some of them critically, when a chemical
factory caught fire in Dasna, Ghaziabad, on Friday afternoon. Over 15 fire
tenders and foam tenders were struggling to douse the fire till late night.
The injured were first sent to Shanti Hosiptal in Dasna but were later
shifted to Fortis hospital in Noida and Yashoda Hospital in Ghaziabad.
According to senior police officers, the fire took place in Balsons Paint
Private Limited in Bhorgarhi Industrial Area in Dasna town at about 3.30 in
While the exact cause could not be ascertained, officials said initially a
chemical tank exploded and fire immediately engulfed the entire premises.
"Initially, fire tenders from Ghaziabad, Hapur and Garh reached the spot.
But the intensity of fire was so high that we had to call tenders from
Meerut, Bulandhshahr, Noida and Garh. Personal tenders from CISF, NTPC and
Hindon Air Force Base have also been called," said a senior police officer.
The fire tenders drew water from Ganga canal flowing just next to the
The intensity of fire was so high that the smoke could be seen from the main
Ghaziabad city, which is about 20 kilometres from the factory. There were
regular explosions in the chemical tanks kept in the factory and fireballs
could be seen going up in the sky even from a distance. People standing at a
distance could feel the heat emanating from the factory.
Fire tenders were still struggling tocontain the fire at the time of going
into print. While the exact loss could not be ascertained, chemical and
paint worth crores of rupees is believed to have been gutted in the
incident. "Suddenly we heard a loud explosion and there were huge flames
surrounding the building. The factory always keepshuge stocks of paint,
chemical and thinner. There are regular explosions happening in the factory
and the entire region looks like a war zone," said Satpal Singh, an
The eyewitnesses say the loss of life and property could have increased but
luckily, a change in the direction of the wind saved further loss. "There is
a paper factory next to Balsons paint. There was a threat that the fire
would engulf that factory too. But the wind changed its direction in the
evening," said an eyewitness. "We are told that there were five people
working in the factory when it caught fire. They were partially injured and
have been admitted to neighbouring hospitals. The fire may take a long time
to extinguish completely. Though there are not much population around, we
have evacuated some houses located in the neighbouring areas as a
precautionary measure," said Deepak Ratan, senior superintendent of police.
Palta Group's alliance with a Thailand based company
Indian Carbon Industries, subsidiary of Palta
Group offering high-value speciality carbon black grades (brand name: COAT
G, COAT JET & COAT AUTO) to the powder coatings market is in for a major
revamp of its long term strategies, R & D, quality control programs,
standard technology, and logistics.
"The company would never stop pursuing the perfect carbon black grades by
engaging in cutting-edge technology and applying them to perfection.
Focusing on continuous improvement and quality standards gives customers and
the entire industry the benefit of extensive research and development from
Indian Carbon Industries. We have made significant investments in Research &
Development, brought on board, scientists from leading coatings technology
institutes and conducted exclusive research to insure good quality
dispersions and aesthetics." - said Mayur Palta, Global Marketing Manager at
Palta Group & Carbon Black Specialist from Fraunhofer Institute for Chemical
In August, Palta Group formed a strategic alliance with a Thailand based
company, without disclosing the name for now respecting legal formalities.
The company also accomplished the upseat compliance with environmental
standards set by International Carbon Black Association (ICBA).
Nordson to Buy TAH Industries for $45M
WESTLAKE, Ohio - Adhesives and coatings company Nordson Corp. said Thursday
it bought TAH Industries, which makes chemical dispensers, for $45 million.
Based in Robbinsville, N.J., TAH generated about $24.5 million in revenue
and had operating margins of 17 percent for the 12 months ended July 2007,
after adjusting for one-time costs. Earnings before interest, tax,
depreciation and amortization totaled $5.5 million. <more>
Japanese major Nippon Paint has developed and successfully trialled a new
powder coating technology which has antifouling properties. The coating,
which has been formulated for exterior applications, is based on polyester
resins and contains a special silicate-based liquid hydrophilic additive.
Thermal curing subsequent to application upon metal causes the hydrophilic
additive to migrate to the surface, creating a surface layer which
hydrolyses on contact with aerial moisture or rain. This has the effect of
reducing the angle of contact for water, thereby allowing dirt and
pollutants to be washed away easily with the rain.
The technology has already been a major success for guard rails near roads,
reducing the amount of cleaning needed. Other applications, such as vending
machines and fences are envisaged in the future.
As Japan has a relatively small powder coatings market, Nippon Paint is keen
to take the technology worldwide by developing a standard product that could
have global acceptance and use. (Source: Japan Chemical Week, 23 August
Bayer continues on a path of growth
The Bayer Group continued its successful development in the second quarter
of 2007. Sales grew by 22.0 percent to EUR 8,217 million. Adjusted for
currency and portfolio effects, sales rose by 5.4 percent. Earnings before
interest, taxes, depreciation and amortization (EBITDA) before special items
climbed by 38.6 percent to EUR 1,806 million. The Bayer Group's operating
result (EBIT) before special items improved by 30.1 percent to EUR 1,185
million. Bayer MaterialScience saw sales move ahead 3.0 percent to EUR 2,623
million. On a currency-adjusted basis, the increase over the prior-year
period came to 6.3 percent. The expansion came mainly from higher volumes in
nearly all segments and regions. There were also some slightly positive
price effects. In the Materials segment, sales rose by 4.7 percent
(currency-adjusted: 8.5 percent), thanks mainly to the expanding
polycarbonate business. Sales of the Systems segment improved by 2.3 percent
(currency-adjusted: 5.4 percent) due to slight gains in selling prices and
volumes. The Coatings, Adhesives, Sealants business unit turned in a
particularly pleasing performance, with sales up 7.9 percent. Sales of the
Polyurethanes business unit edged up by 0.9 percent. EBITDA before special
items in the second quarter of 2007 came in as expected at the first-quarter
level of EUR 409 million, down 9.1 percent from the strong EUR 450 million
figure for the prior-year period. Higher volumes and the slightly positive
price effects did not entirely compensate for the roughly.
DuPont and NASA sign agreement to develop foam insulation reinforced with
DuPont announced that it has signed a space act agreement with the National
Aeronautics and Space Administration (NASA) to jointly develop urethane foam
insulation reinforced with DuPont Kevlar fiber for use in a variety of
future spacecraft, including the new launch vehicle being designed to
replace the space shuttle.
DuPont and scientists at the NASA George C. Marshall Space Flight Center in
Alabama will specifically seek to develop a process to incorporate Kevlar
fiber into the cell walls of the foam, thereby enhancing the performance of
the thermal protection systems used in the Ares 1 crew launch vehicle. There
may be other uses for the material in future science and exploration
applications ranging from vehicle TPS to inflatable structures.
“DuPont materials have enabled manned and unmanned missions into space for
almost half a century, and we continue to work closely with NASA in helping
solve their most pressing challenges,” said Thomas G. Powell , vice
president and general manager – DuPont Advanced Fiber Systems . “We look
forward to the opportunity to work with NASA scientists in helping develop
their next-generation thermal protection systems.”
Kevlar is perhaps best known for its use in bullet- and stab-resistant body
armor, but it also has strong ties to the U.S. Space Program. The high
performance fiber that is five times stronger than steel on an equal weight
basis is used today, along with DuPont Nomex fiber, in space suits worn by
astronauts. Additionally, a parachute made of Kevlar fiber was included on
the Galileo probe to Jupiter, and at the International Space Station, a
blanket made of Kevlar fiber was used to wrap its inner walls and provided
protection from micrometeorites.
Many other DuPont inventions have contributed to space exploration. On
Apollo missions to the moon, 20 of the 21 layers in each space suit were
made with DuPont materials, including DuPont Mylar polyester film, neoprene
and DuPont Kapton film. Today the Mars Exploration Rovers – Spirit and
Opportunity – contain almost 70 yards each of flexible circuits made of thin
DuPont Pyralux laminates and composites which connect the “brains” of the
rovers to their robotic arms, cameras, high gain antennae, wheels and
sensors. The rovers also feature Kapton film for hundreds of strip heaters
which are used for thermal control, ensuring the critical warmth needed to
maintain operations in the extremely cold Martian <more>
NASA orders fix for space
CANAVERAL, Florida (Reuters) - NASA will replace cracked adhesive beneath
the insulation foam on the tanks of the space shuttles, hoping to eliminate
a problem that damaged Endeavour's heat shield during its launch earlier
this month, the U.S. space agency said on Friday.
The work is not expected to delay the shuttle Discovery's launch to install
a new module on the International Space Station, currently scheduled for
October 23, said shuttle program manager Wayne Hale
DuPont expanding Indian
NEW YORK: US chemical maker DuPont Co. said on Tuesday it is expanding its
manufacturing capabilities in India to make products that help prevent and
control viruses in livestock.
DuPont said it will establish a contract manufacturing plant at Baddi in
Himachal Pradesh, which will start operations by the end of this month. <more>
Nordson Names Ken Kreeger Global
Director of Business Development, Finishing Systems
Nordson Corporation (Nasdaq: NDSN) announced that Ken Kreeger has been named
global director of business development, finishing systems for the company's
Industrial Coating and Automotive Systems segment. He will report to Steve
Smith, vice president of sales for the segment's Powder Coating, Liquid
Coating and Automotive businesses.
In this new position, Kreeger will lead the segment's international business
expansion efforts. "Ken's extensive knowledge and experience in the powder
coating industry will be instrumental in helping Nordson expand its business
in international markets," said Smith, "especially in areas like Asia, India
and Eastern Europe which demonstrate burgeoning growth in virtually all
business segments <more>
Emirates Extrusions builds new
production facility in Dubai Investments Park
Emirates Extrusions Factory, a subsidiary of M'sharie, the private equity
arm of Dubai Investments PJSC, has announced that it will open a new
facility at the Dubai Investments Park as part of an expansion plan that is
predicted to cut the widening gap between supply and demand of extruded
aluminium profiles in regional markets.
The new extrusion plant will house four high-capacity production lines and
will feature the latest technologies in aluminium extrusion. Also up for
construction is a new powder coating plant that is set to improve Emirates
Extrusions' production capacity by more than two tons per hour.<more>
Ciba announces price hikes for
pigments and additives of 5-30 pct
ZURICH, Aug. 21, 2007 (Thomson Financial delivered by Newstex) -- Ciba
Speciality Chemicals said its Coating Effects Segment will hike prices for
most pigments and additives by 5-30 pct, effective immediately.
These price increases result from further significant increases in raw
material and energy costs over the last months, Ciba said.
In addition, the closing of several raw material production plants in China
to limit environmental impact as well as the recent reduction of export tax
rebates in China has led to major additional price increases for certain raw
materials, the chemicals group said.<more>
Plainview high-tech exec pleads
guilty in industrial sabotage
A Long Island high-tech wizard admitted Wednesday that he masterminded an
industrial-sabotage scheme aimed at thwarting a rival company's method of
producing computer microchips in an environmentally friendly way.
Robert Schetty, vice president for research and development of the Advanced
Technology Division of Technic, Inc., in Plainview, pleaded guilty in
federal court in Central Islip to a charge of conspiracy to destroy trade
secrets in a plot that apparently stretched from Plainview to the
Phillipines, and involved a not-so-ordinary type of hydrogen peroxide.
The charge of destruction of trade secrets is a fairly new and rarely used
federal crime that can lead to up to ten years in prison upon conviction.
The rival company, Rohm and Haas, a Philadelphia-based chemical
manufacturer, was vying in 2004 with Schetty's Technic firm to win the
contract from Intel, the giant chip producer, for an environmentally safe
chemical solution used in binding metal coatings to silicon-based
microchips, according to court papers. The traditional method involved a
solution that contained lead, which can become an environmental contaminant.
The binding process is known as electroplating.
Schetty, 42, of Syosset, was afraid that a newly developed Rohm and Haas
electroplating solution known as "STP 380" would best a method he had helped
to develop. Schetty's method, known as the "Technic EP mixed-acid process,"
was designed to win Intel's business, according to officials. The chemicals
used by both
Rohm and Haas and Technic, which is headquartered in Rhode Island, are
considered trade secrets. Schetty shares a number of patents for advanced
techniques in the electroplating of chips and has a science degree from the
Ivy League University of Pennsylvania. <more>
Superior Performance at
Affordable Prices Drive Demand in the Paints and Coatings Market
NewswireToday - /newswire/ - Singapore, Singapore, 08/09/2007 - New analysis
from Frost & Sullivan, Strategic Analysis of the Asian Paints and Coatings
Market, reveals that the market earned revenues of $26.10 billion in 2006
and is estimated to reach $29.15 billion in 2008.
The Asian paints and coating markets are poised to grow with buoyant
economic conditions and growth in end-user markets. The key success factor
in the market is striking a balance between performance and affordability.
Coatings manufacturers should educate their customers on the benefits of
environment-friendly coatings to sustain profitability in the long run.
New analysis from Frost & Sullivan, Strategic Analysis of the Asian Paints
and Coatings Market, reveals that the market earned revenues of $26.10
billion in 2006 and is estimated to reach $29.15 billion in 2008.<more>
distribution coverage in Switzerland and Austria
Specialty chemicals and
polymers distributor Azelis has completed the acquisition of two companies,
Heinz Schlegel AG and Meister AG based in Moehlin, near Basel, Switzerland.
Both companies were owned by the same shareholders. Azelis CEO Udo Wenzel
said, "The acquisition of these two companies sees the creation of Azelis
Alpine SA as owner of the two operating companies. Azelis can now begin to
offer distribution capabilities to the highly sophisticated Swiss and
Austrian markets. The two companies serve a number of our core industry
sectors, namely plastics and polymers processing, coatings, adhesives and
rubber industries. We will use this as a platform for expanding activities
and developing new relationships with principals and customers."