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MAY 2009 Welcome to the
May 2009 edition of the IPC
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Green News
Town's smelter pollution complaint was brought too late, DuPont argues
Supreme Court hears both sides on appeal
DuPont Co. lawyers on
Tuesday attacked a circuit judge's rulings the company says led to a $400
million jury verdict against DuPont for polluting the Harrison County town
of Spelter.
CHARLESTON, W.Va. --
DuPont Co. lawyers on Tuesday attacked a circuit judge's rulings the
company says led to a $400 million jury verdict against DuPont for
polluting the Harrison County town of Spelter.
Attorneys for Spelter residents responded that DuPont officials misled the
public about the pollution and manipulated state environmental officials
into approving a bogus cleanup project.
Supreme Court justices heard from both sides Tuesday in one of the biggest
appeals in recent memory. The case combines arguments over the court's
controversial medical monitoring rulings with heated disputes over whether
West Virginia jurors award excessive punitive damages against companies.
Last year, Harrison County jurors ruled against DuPont in a case that
argued the company illegally polluted the community with lead, zinc,
cadmium and arsenic from a zinc smelter. The award included a $55 million
cleanup plan, a medical monitoring program worth $130 million, and $196
million in punitive damages.<more>
DuPont asks court to toss
ruling on West Virginia zinc plant DuPont has asked a
West Virginia court to overturn a $400 million decision against the
company. The case involves a 2007 ruling regarding health threats near a
former zinc plant in Spelter, W.Va. DuPont says a lower-court judge
allowed the plaintiffs to move ahead even though they filed the lawsuit
after the statute of limitations had expired<more>
Green Building Materials Market to Top $80 Billion
The U.S. market for
“green” building materials—$57 billion in 2008—is expected to expand by
7.2 percent annually to more than $80 billion in 2013, outpacing the
growth of other building construction expenditures. The growth will be
driven primarily by the recovery of the residential market, according to
The Freedonia Group Inc., a Cleveland-based industry research firm.
These and other
trends are presented in a new study, Green Building Materials, by
Freedonia.
Forest Stewardship
Council (FSC)-certified lumber and wood panels are expected to be the
fastest-growing green products, albeit from small bases. FSC-certified
products are produced via environmentally responsible and socially
beneficial forestry practices. As the supply of FSC-certified wood grows,
demand for FSC-certified wood panels is projected to more than triple
between 2008 and 2013, growing more than three times as fast as the
overall market for wood panels.
Other products
expected to see fast growth through 2013 include water-efficient plumbing
fixtures and fittings and energy-efficient lighting fixtures. Demand for
these products is forecast to grow at a double-digit pace through 2013,
but account for only a small share of total green building materials
market.
The greatest
absolute gains will come from green floor coverings, the largest source of
green building materials demand. Green carpets and flooring include Green
Label Plus-certified carpets and products made from rapidly renewable
resources (e.g., bamboo and cork flooring).
Concrete made from
fly ash, blast furnace slag and other recycled materials accounted for the
second-largest share of green building materials demand in 2008—more than
15 percent of the market total. The use of recycled materials in concrete
not only reduces the volume of waste sent to landfills, but often enhances
the performance of the concrete.<more>
Zero-VOC Paint Colorants BASF
introduced PureOptions, described as a point-of-sale paint-tinting system
that can be used to produce a range of paint colors with low odor and zero
VOC content as measured in accordance with U.S. EPA Method 24.
The colorants are formulated to retain optimal paint performance
properties such as gloss, color reproducibility, and blocking resistance
without the addition of VOCs, the company says. The products also contain
no alkylphenol ethoxylates (APEOs), which are considered environmentally
detrimental. The colorants are reported to be produced using the same
processes as the company’s other colorant products. <more>
Epoxy-Urethane Floor-Coating System
CASS Polymers Inc. introduced the PolyMax 4000EF epoxy-urethane
floor-coating system, described as low in VOCs at less than 85 grams per
liter, with virtually no odor during installation and a high-gloss,
light-reflective, UV-stable finish.
The product is reported to be non-porous and easy to clean and maintain,
and is characterized by a high degree of wear and chemical resistance, the
company says. The system’s “breathability” prevents blistering and peeling
due to the trapping of moisture vapor under the coating. The system is
reported to provide resistance to aviation and automotive fluids such as
gasoline, hydraulic fluids. and Skydrol.<more>
PPG
Aerospace Offers “Green” Paint System
SYLMAR, CA – A new
“green” exterior aircraft painting system in development by PPG
Industries’ Aerospace Coatings business has shown corrosion resistance
comparable to processes using chromated pretreatment and primers. It also
provides an easier application than alternative environmentally
responsible systems.
The PPG Aerospace chromate-free depaint/repaint process includes a new
exterior epoxy primer based on nanotechnology and an adhesion promoter PPG
manufactures under license from Boeing.
“In salt spray and filiform corrosion testing, metal surfaces protected by
new Desoprime HS CA 7502 high-solids exterior epoxy primer showed the same
corrosion resistance as those coated with chromated primers,” said Alan
Schoeder, PPG Aerospace Commercial Coatings Global Segment Manager. The
primer is expected to be qualified this year at Boeing, he added. <more>
Green
is the new, hot color in automotive paints
Waterborne refinishing
products are replacing solvent-borne refinishing products because they
emit less volatile organic compounds and hazardous air pollutants,
including toluene, xylene, methyl ethyl ketone and ethyl benzene than
solvent-borne materials. This makes waterborne paints less toxic as the
VOC level is reduced by almost a half. VOCs contribute to depletion of the
ozone layer, smog production and adverse health effects.
The VOCs are organic chemical compounds that have high enough vapor
pressures under normal conditions to significantly vaporize and enter the
atmosphere. A wide range of carbon-based molecules, such as aldehydes,
ketones and other light hydrocarbons are VOCs. The Environmental
Protection Agency defines a VOC as any organic compound that participates
in a photoreaction.<more>
Infomercials
Infomercial from
Mitsuba Systems
MANUAL POWDER SPRAY EQUIPMENT
MANUAL POWDER SPRAY EQUIPMENT
Mitsuba presents the Sprayright 700 Premium, a world class powder
spray system designed for the customer who is price conscious and
yet demands the highest quality.
It includes a unique injection moulded corona gun which delivers 100
KV at the gun tip. This high voltage gun eliminates powder wastage
and ensures excellent results which are critical for powder coating.
Sprayright 700 is ATEX as well as CE certified for operator safety.
The Easy to use control panel is IP54 rated for being perfectly and
completely dust proof.
This standard equipment includes a three piece stainless steel
hopper in a special easy to dismantle design. This allows for a
really fast and perfect cleaning during colour change operations.
The entire system is trolley mounted for convenient handling.
The Sprayright 700 gun can be used with Round spray nozzle as well
as Flat Spray nozzle. With correct use of the nozzle you can reduce
the powder wastage and increase your profit.
With exceptional technology and dedication to customer satisfaction,
Mitsuba is now the largest manufacturer and exporter of Powder
Coating Equipment in this part of the world.
For more information on Mitsuba Products please feel free to contact
us at:
Mitsuba Systems (I) P Ltd,
34/H, Laxmi Indl Estate,
New Link Road,
Andheri (W),
Mumbai - 400 053
Tel: 2631 8633 /66924151/2/3
Fax-66924154
Email: mitsuba@vsnl.com
Website: www.powdergun.com
Infomercial from Vijay Enterprises Pvt. Ltd
Vijay 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.
FREE Often we receive emails with no contents, but a resume word
document attachment.
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for better prospects.
Use this space to publish your mini resume in the format given
in the adjacent column. You may or may not reveal your identity. Send
us these details and we will put it this column
IPC Classified
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
Shilpan
Enterprises
501,INDRAPRASTHA,2-A, RAHEJA TOWNSHIP, JITENDRA ROAD, MALAD(EAST),
Mumbai 400097
India
Concerned Person: Sachin Shah, Shilpan Shah
Telefax: 022 28773481,
Mobile +91 9920444410, +91 9820444410
Email:
shilpanent@rediffmai.com
Website:
www.indiamart.com/company/1158075/
Manufacturers and dealers of Sieving cloth for filtration, Filter
cloth, Filter fabric , Non Woven fabrics, SS Wire Mesh and Mask,
Raj Systems Pvt Ltd
Powder Coating Plant for sale at Saudi customer's factory
We would like to inform you that we have a complete set of Powder
coating Equipment for sale at very competitive cost, As one of our
customer had taken plant from us, and whatever plant they received
from UK mfg. The same property is now of Raj Systems Pvt Ltd , and Raj
systems wants to sale out there itself at a very competitive rates,
instead of taking it back to India.
Interested parties may please contact on bellow Address.
Equipment
Powder coating Equipment—Sames Make
1. Manual Powder coating Gun – 2 nos
2. Auto Gun – 6 nos
3. Reciprocator of 2400mm Stroke – 2 nos
Europe makes
4. HWG of 400,000 kcal/hr – 1 no
5. Powder curing Oven with blower and heat exchangers– 1 nos
6. Conveyor – 170 Met with drive unit
7. Chemical Pumps – 3 nos
8. 3 stages pt process with accessories
Raj Systems Pvt Ltd
C- 102, Nyati Millennium, viman Nagar, Pune 411014
Tel. +9120 26630061,26630086
Fax. +9120 26631246
E-mail:
rajsystems@vsnl.com
News
Nordson Prodigy(R) Powder Painting Solution Saves Refrigeration
Manufacturer Nearly a Quarter of a Million Dollars in First Year of Use Asymtek
DispenseJet(R) Systems Enable Consistent and Reliable Dispensing of Liquid
Electrolyte Materials for Micro-fuel Cells and Electro-chemical
Applications
Nordson Prodigy(R) Powder Painting Solution Saves Refrigeration
Manufacturer Nearly a Quarter of a Million Dollars in First Year of Use
Nordson Earns Multiple Awards for Product Innovation and Customer Service
at 2009 IPC APEX Expo
EFD Wins 2009 Vision Award from Surface Mount Technology Magazine
Asymtek Features Customer-Inspired Dispensing Solutions at APEX 2009 in
Booth 2024
April 8, 2009 4:30 PM EDT
AMHERST, Ohio--(BUSINESS WIRE)-- Nordson Corporation (NASDAQ: NDSN)
customer Kysor//Warren, a century-old manufacturer of refrigeration
solutions for the supermarket industry, reports that it has realized
annual savings of $225,000 related to efficiencies gained from the use of
Nordson's Prodigy High-Density, Low-Velocity (HDLV) manual gun powder
coating system.
Kysor//Warren (Columbia, GA) is a leading supplier of frozen, medium
temperature and heated display merchandisers and mechanical refrigeration
systems used by many major national and regional grocery chains. The
company recently converted to a Nordson Prodigy system as it moved toward
lean manufacturing operations. In its first year, Kysor/Warren attributed
a savings of nearly a quarter of a million dollars to the Prodigy system,
resulting from improved line density, material savings and increased
productivity.
At Kysor//Warren, each refrigeration display case is manufactured and
powder coated based on a custom order, which means 90 to 100 color changes
on average during each two-shift day. The company offers approximately 150
colors with 40 or 50 different colors used regularly, and will add more
colors as customers request them. At the time of conversion, Kysor//Warren
had a 56-foot gap between parts for every manual color change. Its goals
were to improve line density, increase production by coating 70 percent
more units per week, and reduce spray-to-waste color changes.
The Prodigy manual spray system precisely dispenses powder coating for
superior finish quality, less waste and fast color changes. Its innovative
nozzle technology ensures a softer spray, larger fan pattern, even pattern
distribution and less powder consumption. In addition, the combination of
the Prodigy manual powder spray gun and controller and the Prodigy HDLV
pump provides for higher transfer efficiency, higher powder output, and
ultra-fast color change.
As a result, Kysor//Warren decreased its line spacing and picked-up an
additional three hours of production time each day - without actually
working three additional hours. The company also reduced wasted powder 25
percent. The HDLV technology is also helping Kysor//Warren achieve coating
thicknesses consistently between 2 mils and 3 mils and one of the best
lead times in the industry. It has also achieved a staggering 50 percent
increase in production.
"We've increased the number of color changes, which goes against what
you'd normally want when focusing on lean production. But when you cut
color change time by 70 percent, it works really well toward increasing
production," explains Matt Goodson, paint technician, Kysor//Warren.
The only fully integrated solution available to manufacturers today, the
Prodigy system incorporates a HDLV high-capacity transfer pump, gun
delivery pump and spray gun, offering high-performance material transport
and application. Combining the benefits of a softer spray and less powder
consumption with easy operation, many manufacturers have documented
significant costs savings and more efficiency in their powder coating
operations. The benefits of the Prodigy HDLV Manual Gun System include:
-- Less air in transport line for lower powder velocity and softer spray
-- Softer spray at gun tip for higher first pass transfer efficiency
-- Higher first pass transfer efficiency means greater powder savings
-- Softer spray with more powder means better coverage in cavities and
corners
-- Paints faster at high line speeds with higher powder output
-- Purgeable design provides ultra-fast color change
For more information on how Nordson's Prodigy HDLV Manual Gun System can
help save costs and improve efficiency, visit us on-line at
www.nordson.com/businesses/powder .
Nordson Corporation is one of the world's leading producers of precision
dispensing equipment that applies adhesives, sealants and coatings to a
broad range of consumer and industrial products during manufacturing
operations. The company also manufactures equipment used in the testing
and inspection of electronic components as well as technology-based
systems used for curing and surface treatment processes. Headquartered in
Westlake, Ohio, Nordson has more than 4,100 employees worldwide, and
direct operations and sales support offices in 32 countries.
Nordson's CEO to retire,
successor sought
WESTLAKE, Ohio (AP) - Nordson Corp., which makes precision dispensing
equipment, said Wednesday that Edward P. Campbell, its president, chief
executive and chairman, intends to retire early next year.
Campbell, 59, will remain until the board picks a successor. That process,
expected to take until the end of the year, will consider internal and
external candidates.
Campbell, who joined Nordson in 1988 as corporate vice president, also
said he will retire from the board after the CEO transition.<more>
Asian Paints Mar qtr net profit
seen at Rs 71.7 cr: M Oswal Motilal Oswal has
come out with its earning estimates on FMCG sector for the quarter ended
March 2009. According to the research firm, Asian Paints' March quarter
sales are expected to go up by 7.5% to Rs 1217.6 crore on YoY basis.
The company's net profit is expected to go down by 25.8% to Rs 71.7 crore
on YoY basis.<more>
ASTM A1059/A1059M The ASTM
International Committee A05 on Metallic-Coated Iron and Steel Products has
approved a new standard, ASTM A1059/A1059M, Specification for Zinc Alloy
Thermo-Diffusion Coatings (TDC) on Steel Fasteners, Hardware and Other
Products. The new standard is under the jurisdiction of Subcommittee
A05.13 on Structural Shapes and Hardware Specifications. The technology
described in ASTM A1059/A1059M has, over the last 15 years, become a
popular means for providing an environmentally friendly way to replace
toxic materials, such as cadmium and chromium compounds, used for
corrosion protection.<more>
Dow completes acquisition of Rohm and Haas
The Dow Chemical
Company has completed its acquisition of Rohm and Haas on 1 April. This
combination will create a USD 14 billion diversified business portfolio,
which will be called Dow's Advanced Materials division. The division is
intended to achieve USD 3.0 billion in additional value growth
opportunities, as well as annual cost synergies of USD 1.3 billion. Rohm
and Haas is the key element in Dow's new Advanced Materials division.
Pierre Brondeau has been named president and CEO of this division, which
includes: Coatings, Building and Construction, Specialty Materials,
Adhesives and Functional Polymers, and Electronic Materials.
More news from Rohm and Haas Rohm and Haas has announced plans to exit its current powder coating
production site at Castellón, Spain, and build a new, smaller facility in
the same area. According to the company, the new facility reflects the
company's continued drive for customer excellence in terms of rapid
product development and turnaround of made-to-order products, in addition
to its already extensive made-to-stock Claymore range of 800 products,
which was introduced last year across all of Europe. This transition will
occur throughout the rest of 2009 and into 2010.
"Despite the challenges of the current economic climate, through the
introduction of our pan-European Fast-Track development model and the
re-engineering of our manufacturing footprint, we are demonstrating our
commitment to the very important Spanish powder coatings market," said
Xavier Susterac, general manager for Powder Coatings, Europe. "This new
set-up will be less extensive than our current site, reflecting the new
dynamics of the Spanish market. However, it will enable us to offer
excellent service to our customers and to remain very competitive by
reducing our manufacturing costs
Coatings Supplier of the Year for
Fourth Time Apr 02, 2009 DuPont
has been selected as the 2008 Supplier of the Year by Yamaha Motors do
Brazil, a subsidiary of Yamaha Motors Corporation. DuPont is the exclusive
coatings supplier to Yamaha, which built 340,000 motorcycles in 2008 at
its Manaus manufacturing site. <more>
Dupont
India growing by leaps & bounds despite slowdown
Did we hear slowdown? Dupont India is all set to prove that even at the
time of slowdown, the company is growing by leaps and bounds. While
globally people were fired, the India division is hiring people and has a
target of adding 300 more people to its already existing workforce. Diane
Gulyas, Group VP, Dupont talks to Mansi Tiwari about how Dupont India will
drive the growth for Dupont.<more>
Indian paint market to grow
(European Coatings
Report)
The Indian decorative
paint market is to achieve at least 2,000,000 tonnes by 2013 as
international influences are established and consumers grow more
adventurous. Additionally, a steady growth in the automotive market can be
expected as Indian car ownership increases in line with affordability and
infrastructure. The above insights are from IRL's fourth Profile of the
Indian Paint Industry. The report provides a five-year market forecast
based on estimates of the various paint sector sizes for the Indian fiscal
years 2008/9 to 2013-4. Strong growth in the Indian powder coatings
segment is expected, as new applications and their advantages are
discovered.
Interpolymer
opens new manufacturing facility for acrylic polymers in China
Interpolymer GmbH, Hassloch announced that the first production line of a
new facility for waterborne styrene-acrylic dispersions, acrylic solutions
and wax dispersions has started production in Nanjing, China. The plant is
scheduled to be fully operational for all technology platforms by June
2009. The plant was constructed on a greenfield site at the Nanjing
Chemical Industrial Park with a current capacity of 40,000 metric tons
annually and with additional space for further expansion. The plant has
been designed with the capabilities to manufacture environmentally
friendly polymers and additives for specialty paints, inks and coatings,
personal care products, detergents and cleaners, as well as for
tailor-made polymers.<more>
PPG Industries
PPG Industries recently
established the first waterborne automotive paint training center in a
college in China at Shanghai Communications Polytechnic (SCP). The opening
of the training center increases the coordination between college
education and original-equipment manufacturing technology while enhancing
the link between studies and practical work experience. "College is a
place where talented individuals are trained," said James Yang, business
director of PPG Refinish, China and Hong Kong. "Since 2003, PPG has been
involved in various educational programs in the region. The establishment
of the waterborne paint training center clearly demonstrates PPG's
determination to lead the industry in environmentally responsible
technology. We hope to create the most eco-friendly, advanced and
efficient working environment through providing waterborne paints, green
equipment and advanced technologies to students
European Coatings Show 2009, Brief closing report
Undiminished power of innovation
The European Coatings Show plus Adhesives, Sealants, Construction
Chemicals, which took place in the Exhibition Centre Nuremberg from 31
March to 2 April 2009, again proved its undiminished power of innovation
at its tenth edition since 1991.
The international coatings industry currently faces special challenges due
to the problems experienced by its major customers in the building and
motor industries. Development is making great advances, however,
especially in the field of high-quality coatings and paints, sealants,
construction chemicals and adhesives: The basic properties alone have long
ceased to be sufficient; there is an extremely big demand for new product
functionalities such as self-cleaning and self-healing coatings or
antibacterial coatings. And all this under the important aspects of
environmental compatibility and sustainability.
The 806 exhibitors who came to Nürnberg for the European Coatings Show
2009 from 42 countries offered the approx. 20,000 trade visitors from 90
nations a world-class range of raw materials, laboratory and production
equipment, testing and measuring equipment, and services on a net display
area of almost 27,500 m2 . This clearly exceeded the cautious expectations
of the exhibiting companies. 160 product presentations at three forums at
the heart of the exhibition provided additional information during the
three days of the event.
European Coatings Congress and European Coatings Award 2009
The European Coatings Congress, which started the day before on 30 March,
was the industry’s magnifying glass once again: 160 top speakers from all
over the world ventured a look into the future of the coatings industry
with the 461 congress participants at 26 highly compressed sessions. The
European Coatings Award for the best congress paper at the European
Coatings Congress 2009 was presented to Dr. Zhen Wen Fu and his colleagues
Andrew Hejl and Andrew Swartz from Rohm and Haas, USA, for their paper on
“Designed diffusion technology: A paradigm shift in film formation”.
Akzo
Posts Unexpected Loss as Asian Paint Sales Slip (Update2)
April 23 (Bloomberg) -- Akzo Nobel NV, the world’s largest maker of
paints, reported an unexpected first-quarter loss on sliding demand for
household paints in Asia.
The net loss was 7 million euros ($9.1 million), compared with a profit of
105 million euros a year earlier, the Amsterdam-based company said today
in a statement. Analysts predicted a profit of 49.3 million euros. Sales
declined 13 percent to 3.3 billion euros. <more>
Job-cuts layoffs
Merck to cut back on pigment production
German pharmaceutical and
chemical company Merck KGaA said it would curb pigment production in
Germany, the U.S., Japan and China, while it expects 2009 to be a
difficult year overall. The company said it would put about 500 German
pigment workers on shorter hours but didn't expect job cuts domestically.
The 500 affected German workers are at the Gernsheim facility near
Frankfurt. Other pigment production sites in Savannah, Georgia, Onahama,
Japan and Songjiang, China would also be affected by production cutbacks,
but spokeswoman Phyllis Carter wouldn't say if that meant facility
shutdowns, shorter hours programs or job cuts.
Spokane paint-making plant to
close
Sherwin-Williams Co.
will close its Columbia Paint and Coatings manufacturing facility in
Spokane, WA, eliminating 37 jobs. The paint-making plant on Haven Street
opened 36 years ago. No retail paint stores are closing, the company said.
Sherwin-Williams acquired Helena, MT-based Columbia Paint in 2007. The
company operates 120 Sherwin-Williams stores and 42 Columbia Paint stores
in six Northwest states. That includes four Columbia and six
Sherwin-Williams stores in the Spokane area. The Spokane plant will close
this summer because of "the challenges in the economy have created reduced
demand and created excess capacity," the company said.
DuPont to reduce staff numbers
DuPont Teijin Films, whose
European headquarters are in Contern in Luxembourg, has announced that it
will reduce its staffing by 39 by the end of the year. However, no
severance packages will be planned because there will be no layoffs. The
reductions will come from early retirement and natural wastage. Vacancies
will no longer be filled as the chemical company is suffering from the
economic crisis.
Don't let trade secrets leave with
employees
Desperate times can sometimes
result in desperate measures. During an economic downturn, the pressure to
generate revenue can be great. Economic espionage can result when
employees are forced to come up with the next big idea or they have
financial difficulties. Economic espionage is defined as the theft or
misappropriation of trade secrets. It's just one type of criminal activity
companies should be on the lookout for during the current recession. Here
are the details of two cases, along with some lessons for all businesses.
Safeguard Your Most Valuable Assets
During a recession, internal fraud can increase. These incidents can range
from employees padding their expense accounts because they are falling
behind in their bills to managers inflating earnings because they are
under pressure to meet certain targets
Companies that are taking cost-cutting steps, such as layoffs, can
experience employees seeking revenge. Even worse, in some companies, the
chaos after lay-offs can result in more fraud opportunities. For example,
segregation of duties is less likely with a reduced staff. So companies
cutting jobs should put internal controls in place to prevent the theft of
intellectual property and other assets by departing employees.
Consider two well-publicized cases that involve former employees engaged
in economic espionage, which is defined as the theft or misappropriation
of trade secrets:
Case #1: Gary Min, a scientist with the chemical company stole
intellectual property after accepting a position with a competitor. Before
leaving Dupont, Min proceeded to raid the company's databases of 22,000
abstracts and 16,000 pdf documents estimated to be worth in excess of $400
million. Dupont notified the FBI and shortly after joining his new
employer, Min was arrested. He was sentenced to 18 months, fined $30,000
and ordered to pay $14,500 in restitution to Dupont. <more>
An Avalanche at the top
Treacherous business
conditions in the winter, the after-effects of far-ranging acquisitions,
exceptional charges and the global financial crisis have triggered a
top-to-bottom avalanche in the results reported by the world’s top paint
and coatings companies. Some of the recent results for the Q1 period are
tabulated below: (NB: Q1 coincides with Q3 for RPM (Dec-Feb) but
represents the period Nov-Jan for Valspar)
Performance of Top Paint Companies in the Winter Quarter
Q1 Sales in 2009 Q1 Net Income in 2009 vs 2008
Company (Currency) In Million currency units Change from
Q1 2008 (%) 2009 (In Million currency units) 2008 (In Million currency
units)
Q1
Sales in 2009
Q1
Net Income in 2009 vs 2008
Company (Currency)
In
Million currency units
Change from
Q1
2008 (%)
2009 (In Million currency units)
2008 (In Million currency units)
AkzoNobel (€)
3,272
-13
(7)
105
PPG
Industries (US$)
2,783
-30
(111)
100
Sherwin-Williams (US$)
1,551
-13
37
78
Valspar (US$)
640
-16
14
24
RPM
International (US$)
635
-13
(31)
12
• PPG Industries suffers the greatest fall in sales of these companies
with a 30% drop in sales (6% of which is through a divestment), which is
then further exacerbated by US$ 186 million in restructuring charges,
which turned the bottom line deep red;
• AkzoNobel reports a net loss of €7 million once exceptional charges are
taken into account. Without these and fair value adjustments, a net income
of €28 million is recorded by the company;
• Sherwin-Williams retains the greatest net profit even though here net
profits have fallen by 52%; rival Valspar, which like Sherwin-Williams is
also fairly free of integration costs, also turned in a modest quarterly
profit, although this was down by 41%;
• RPM International has been hit by falling sales in both of its
divisions, with profits undermined by rising general expenses. <Cube
405>
Kansai Nerolac net dips 16% at Rs 20
cr
The ongoing economic slowdown
coupled with the high volatility in the commodities market in 2008 has
caused Kansai Nerolac Paints net profit dip by 16 per cent at Rs 20 crore
as compared to Rs 24 crore for the same quarter a year-ago.<more>
GJ company donates color to woman with traumatic injury
Her coworker Ron Winstanley called Pro Powder
Coating to inquire about coating Page’s crutches with a brilliant splash
of color.
Page brought her Canadian crutches to Pro Powder, at 549 Bogart Lane. When
she returned to collect them she was surprised there was no charge for the
“candy blue” coating the company had baked on them.
“They said my smile was payment enough,” Page said. “They were so
incredibly kind and generous.”
“Our heart went out to her. She’s been through a lot,” said Pro Powder
owner Terri Leach. “It was something we could do to brighten her day a
little bit. <more>
Seminar Events Exhibitions
Philadelphia Society for Coatings Technology Symposium, "Green
Solutions With UV-Coatings" 05-05-2009
Location: Horsham, PA/USA
Contact: Philadelphia Society for Coatings Technology Cathy Pinto Email:cpinto963@aol.com
Web: www.psct.org
European Adhesive Engineer, Modul 1 04. - 08.05.2009
Vienna/Austria
ofi - Österreichisches Forschungsinstitut für Chemie und Technik
Measurement & Testing of Coatings 12. - 13.05.2009
Birmingham/UK
PRA
Principles and Practices of Coating Formulations 12. - 13.05.2009
Ypsilanti, MI/USA
12th Annual Coatings For Plastics Symposium 2-4th June 2009
Westin Hotel Lombard IL chicago
EC WebTutorial: The Chemistry of Radiation Curing Coatings
13. - 14.05.2009
Internet
Vincentz Network
Powder Coating Course Louisville, Kentucky - June 17th & 18th
The Two Day Powder Coating course begins with an introduction on the
formulation and manufacture of powder coating
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