|
Infomercial from Mitsuba Systems
Mitsuba’s Complete Powder Spray System in a Brief Case :
This small handy case includes both corona and tribo and is ideal
for powder manufacturers. It can be used for :
 Sampling
Small
production runs
Color matching prior to batch production.
By procuring an additional small hopper this portable system
easily converts to a full production model which is ideal for job
coaters and other small scale units.
Check it out at :
http://www.powdergun.com/LABMODEL.htm
Mitsuba portable system is used by Powder Manufacturer’s
worldwide.
Mitsuba’s quality is proven worldwide with customer’s such as
Dupont – USA, Akzo Nobel, ICI-Australia, Orica – Newzealand,
Powchem – Korea, Marpol – India, Electrolux, Daewoo - Anchor, IFB
– Bosch
For more information please contact :
Mitsuba Systems (India) Pvt Ltd.,
34-H, Laxmi Industrial Estate,
New Link Road, Andheri (W),
Mumbai – 400 053, India.
Tel : ++91-22-26318633 / 26334735 / 56924151-52-53
Fax : ++91-22-56924154
Email :
mitsuba@vsnl.com
Website : www.powdergun.com
|
Price Rise Continues!
The raw material prices for powder manufacturing continue to rise even
while powder manufacturers calculate the and estimate its
implications. A couple of months ago the question was "Who will bell
the cat?". Now it is, "How big will the bell be?"
When asked about the company's strategy to tackle the situation, M Rawat of Asian
Paints Industrial Coatings Ltd, said in his email,
"As you have rightly
observed, the crude oil prices have catapulted more than 40 % in the
last four months and the feed stocks for both Polyester and Epoxy
resins being petroleum based have impacted the prices of these
materials to the extent of 30 to 50 % in this period. Undoubtedly all
the market segments have been hit hard by such unprecedented rise in
crude oil and feed stocks. Further, the short supply of Polyester and
Epoxy resins have added to the woes of powder manufacturers. Given
this situation the price rise of powder coatings is imminent. While
most powder manufacturers are indicating a price rise but delaying the
price rise will only worsen the situation. Internationally powder
prices have already increased by 15 - 20 %. We are also negotiating
with our customers for a price rise of 8 - 10 %. However this process
will be hindered if other powder manufacturers do not support the
efforts on price rise."
Mr MV Ravi from Akzo Nobel in his email to also mentioned that the rise was
inevitable. He said,
"The RM prices have been increasing the past few months and trend is
likely to continue. Indications are that on account of Raw Material
shortages the increase could be drastic and more frequent. The current
increase being attempted (though not enough to compensate the complete
impact) may not be the end to this, based on indications available for
the next 3 months. Markets are watching the situation and a reaction
could be gauged in the coming weeks."
A press statement on Interpon's website reads
"Hikes in chemical raw material prices force up selling prices of
powder coatings in Europe; Akzo Nobel Powder Coatings announces price
rise"
24 May, 2004, Felling, UK; Against a backdrop of the continuing rise
in prices of the main chemical raw materials used in the manufacture
of polymers and other essential raw materials used in paint
manufacture, Akzo Nobel has announced a general across the board rise
in the prices of all its European powder coating products.
Mr Leon Ouziel, General Manager of Akzo Nobel’s European powder
coatings business unit said; “due to price pressures on all sectors of
the chemical industry, the raw material suppliers to our industry have
imposed across the board cost increases”.
“Akzo Nobel Powder Coatings has therefore no option other than to
increase powder prices with effect from 1stJuly 2004. The increases
will vary between 6% to 8% depending on the specific products
involved”. “If raw material prices continue to rise in line with
current forecasts, then further price increases may follow in the
coming months”.
In its letter addressed to its dealers, a Nasik based manufacturer
mentions a price rise of 15 %. There are similar indications
from most of the other manufacturers.
One should closely watch the movements in the coming months months.
How will the market react? Will there be some re-shuffling of
customers and manufacturers? Will some more manufacturers pop up or
shut down? Keep you informed, we will. Meanwhile we invite you
to vote in our opinion poll.
|
IPC Opinion Poll I
|
IPC Opinion Poll II
|
Rising crude prices —
Paint industry's burden may fall on consumers
ANY further rise in
crude oil prices may prompt Indian paint companies to consider a price
hike, especially in the decorative segment of the business. Almost all
of the raw materials used by the paints industry have a direct
co-relation to crude oil.
"The way the crude oil prices have been rising, our costs have risen
tremendously," said Mr H.M. Bharuka, Managing Director, Goodlass
Nerolac Paints Ltd. "To whatever extent we have been able to absorb
the increase in raw material costs, we have done so. Now, the time has
come when we may have to pass on some increases to consumers," Mr
Bharuka said. <more>
India: Shalimar Paints will set up unit in the south shortly
Coating Flash
Shalimar Paints Ltd has firmed up plans to set up a fourth paint
manufacturing unit in the country and its first in the south.
According to officials in the company, it has decided to either
acquire a manufacturing unit for the purpose or set up one. Shalimar,
which started operations in 1902, is the oldest paint company in the
country. Referring to the company's plan, managing director SL Agarwal
said, "This will help us establish our reach across the country."
Shalimar has factories in Howrah (West Bengal), Sikandrabad (Western
UP) and Nasik (Maharashtra).
Nerolac to set up R&D
centres
Goodlass Nerolac Paints is looking at setting up research and
development (R&D) centres at two of its plants. The company will set
up these centres at its plants in Lote, Maharashtra, and in Bawal,
Haryana, to cater to customer-specific and product-specific research.
They are looking at extending our R&D capabilities near our plants.
This is being done so that product-specific and customer-related
research can be done at the plants itself.
Nerolac recently set up an R&D centre in Mumbai at its Parel plant,
which was shutdown some time back. We have a strategy to invest around
1.5 per cent of our turnover in research, to adapt to the constantly
changing technology and upgrade our existing systems, Bharuka said.
The company is looking at enhancing its product portfolio for catering
to the automobile segment. Nerolac is also considering to tap the
foreign market in the auto segment. The company currently supplies
material to some of its parent company - Kansai Paints' global
customers.
Currently, they export very little material, however, we are waiting
for the WTO regulations to come into place as the existing system
involves a lot of duties. There will be a thrust on exporting products
to global auto majors once the WTO regime comes into effect.
Nerolac currently commands a 65 per cent market share in the domestic
automobile paints sector. The company is expecting to clock a volume
growth of around 12 per cent in the current financial year, against an
industry growth of around 10 per cent. They expect the automobile
segment to continue driving the growth in the industrial paints sector
this year.
Reichhold Announces Price Increase On All Acrylic Powder Coating
Resins Sold in North America
RESEARCH TRIANGLE PARK, N.C. -- Aug. 2, 2004 -- Reichhold announced
today a price increase of $0.10 per pound on all FINE-CLAD® acrylic
powder coating resins sold in North America. The increase is for both
list and off-list prices and will be applied to all orders shipped on
or after September 1, 2004.
"This price adjustment is in direct response to significant cost
increases Reichhold has incurred on principal raw materials used in
the production of these high-performance powder resins," explained
Bruce Fawcett, Reichhold senior vice president, commercial. "We've
experienced price hikes across a number of key acrylic monomers
including glycidyl methacrylate (GMA) monomer, for which tightness in
availability has sharply driven up prices for this primary component,"
continued Fawcett.
"As always, we thank our customers for their business and encourage
them to contact their Reichhold sales representative if they have any
questions regarding this pricing adjustment," Fawcett concluded.
Reichhold's FINE-CLAD® acrylic powder resins are used as primary
film-formers, crosslinkers and additives in the production of high
performance powder coatings.
The Dow Chemical Company to Exhibit at ICE 2004
MIDLAND, Mich.
– (September 21, 2004) – At this year’s International Coatings Expo
(ICE) in Chicago, October 27 – 29, The Dow Chemical Company will
showcase a wide variety of products for the paint and coatings market
at Booth #718. With approximately $1 billion in sales into the
coatings industry, Dow produces raw materials for virtually every
application. Whether for architectural, industrial or specialty uses,
Dow’s broad product portfolio meets the performance needs of paint and
coating formulators.
Berger board approves
amalgamation
KOLKATA: Berger Paints has approved the amalgamation of its
loss-making subsidiary Berger Auto & Industrial Coatings (BAICL) with
itself. The decision was taken at a meeting of Berger's board of
directors on Thursday, the company said in a notice to the Stock
Exchange, Mumbai (BSE). BAICL is a 100 per cent subsidiary of Berger
Paints. The former posted a loss of Rs 1.5 crore on sales of Rs 25.7
crore in 2003-04, which it attributed partly to the high initial costs
of customer development. In July, Berger vice-chairman G S Dhingra
said that BAICL was taking steps to increase production of decorative
products and curtail costs to improve its financial health. Turning
around BAICL was identified as the one of the primary goals of Berger
Paints to improve its bottomline in 2004-05.
Berger Paints has set aside Rs 30 crore for capital expenditure, which
includes Rs 20 crore on setting up solvent-based and powder coating
facilities at Jammu, in the current fiscal in order to achieve a
double-digit sales growth in 2004-05. The firm, which claims to have a
17 per cent share of the Indian paints industry, had said in the past
it would also eye possible acquisitions of niche players in south and
south-east Asia to grow faster. Berger Paints earned a profit after
tax of Rs 8.95 crore in April-June 2004 compared to Rs 5.84 crore in
the corresponding period in 2003-04. <more>
Study about the powder
coatings market in Central and Eastern Europe
In 2003, the powder coatings market in the Central & East European
countries is over 50,000 t valued at more than EUR 160 million. About
50% is locally manufactured and the balance imported, approaching 30
powder coatings manufacturers in the countries analysed. The powder
coatings market in the Middle East & Africa is at the same level of
well over 50,000 t. Penetration of powder coatings differs by country
from 4% up to 10%. Irfab Chemical Consultants from Belgium
reports there is still plenty of room for increased penetration of
powder coatings in the entire Region. With growth rates that vary by
country and region from 7% and more per year, by the year 2013, the
Powder Coatings market in Central & Eastern Europe, Middle East &
Africa will pierce the two hundred thousand (200,000) Tonnes mark.
These are some of the striking conclusions from the strategic market
and technology assessment study conducted by Irfab with the title
"Powder Coatings Markets In Central & Eastern Europe, Middle East &
Africa 2003-2013'', covering more than 25 countries. The study reports
imports/exports by individual country, shares of market participants,
both local producers and importers, sourcing of selected raw
materials, trends in novel powder coating technologies: MDF, UV,
thin-film technology, listing of traders/importers. Issues like shift
of powder coatings manufacturing from West Europe to Eastern Europe
and joint ventures and/or commercial agreements are examined in the
study.
Akzo Nobel CEO Hans
Wijers:“We will double sales in China in less than five years”
Arnhem (the Netherlands), Shanghai (China), September 10, 2004 – Hans
Wijers, CEO of Dutch multinational Akzo Nobel, today announced the
setting up of a new regional head office in Shanghai. The decision to
establish a new base in the city marks another milestone in the
Company’s ongoing efforts to consolidate its activities in one of the
world’s most important emerging markets. “We more than doubled our
sales in China in less than five years and our ambition is to repeat
that,” said Wijers. “We are strongly committed to further expansion in
China, which has a key role in the Company’s growth strategy.
Dow Chemical to establish Chinese production site
The leading American chemicals Group Dow Chemical is resurrecting its
expansion plans in China: At a cost of several billion US$, it plans
to build an integrated chemicals plant in the People's Republic.
"Whatever we do, it should be on a world market scale. And that means
producing over one million tonnes", said McIlvenny. For Dow, the
turnover share for all of China (including Hong Kong and Taiwan) was
US$1.8 billion or 5.5 per cent of the Group turnover last year.
 Visit
Mr Ratnakar Gokhale from Akzo Noble, while on a tour to Indore,
visited our office. Ratnakar appreciated our website contribution in
the field of powder coating. Among other things he shared his views on
the general powder coating market, and the recent changes in the price
structure of powder paints.
A minor explosion and
fire did "very little" damage at one of two Crest Bending plants
Tuesday afternoon.
Owner Bob Studer said the explosion occurred at 1:46 p.m. when a
powder coating gun ignited at the plant at 602 S. Center St. That
plant and one on John Street fabricate metal parts for various
industries.
Studer said four people were in the building at the time with the only
injury coming to one worker who got the hair on his arm singed but was
back on the job Wednesday.
The factory is in a brick building with a wooden interior. Studer
noted that the real damage was to the filtering system.
New Washington Police Chief Scott Robertson said the explosion is
still under investigation. New Washington Fire Department responded
and received mutual aid from Tiro Fire Department. Robertson said his
department was also on the scene for traffic control along with the
Crawford County Sheriff's Office and Ohio State Highway Patrol. <more>
'Coatings 100' Report examines changing face of global industry
Coating Flash September 20
An increasingly complex global industry structure has resulted in the
concentration of coatings manufacturing in the hands of various
industrial companies and private-investment firms as well as the giant
chemical and "brand-management" concerns, a new industry study
concludes. "The Coatings 100," from Information Research Ltd., London,
says the structure of the global coatings industry has been markedly
reshaped by mergers and acquisitions that have seen private equity
firms holding majority stakes in coatings businesses; hardware
retailers operating their own coatings-production facilities; and
chemical companies holding relatively small coatings positions. These
coatings businesses "compete alongside diversified chemical giants and
brand- management companies for a slice of the world paint market,"
the publishers say.
The report says that as a result of these changes in the industry,
approximately 25 of the top 100 companies active in paint and coatings
production boast annual sales of $1 billion or more. The study
includes a directory-style section covering the world's top 100
coatings companies, including details on sales, key executives,
products, market sectors, news, and other information. A section on
global coatings statistics offers figures on coatings imports, exports
and demand.
New! I.D. Fluorescent
Paints Provide Extreme Visibility
Krylon® Industrial Tough Coat® I.D. Fluorescent paints provide the
ultimate in visibility for the labeling, coding, and marking of all
steel substrates. The paints dry to touch in 15 minutes (77°F, 50
relative humidity), allowing for "production speed" marking. They are
ideal for the fast identification of inventoried parts, materials, and
work-in-progress...
|
Welcome
to the October 2004 edition of the IPC e-newsletter. The IPC e newsletter
is distributed free to more than 2500 people around the world.
