Nordson Corporation (NASDAQ:NDSN) Yearly Sales Target At $492.95
The EPS projection of Nordson Corporation (NASDAQ:NDSN) for quarter ended 2016-10-31 is $1.16. A week before, the EPS forecast was $1.16 against target of $1.16, a month earlier. This estimate stood at $1.16 60 days earlier versus forecast of $1.16 90 days earlier, confirming a deviation of 0%<more>

Nordson appoints Director of Engineering and Operations
Nordson Corporation has named Dr. Thomas Ebeling to be director of engineering and operations for extrusion and coating dies.
Dr. Ebeling will be in charge of the engineering and production teams for EDI extrusion and polymer coating dies and Premier fluid coating dies.

'Tom brings seventeen years of leadership experience in the plastics industry and a deep understanding of polymer technology based on his corporate career and extensive academic background,' said Ken Forden, general manager for extrusion and coating dies. 'He will play a critical role in Nordson's program to accelerate R&D, expand our capabilities for precision manufacturing, and make our technologies accessible to customers around the world'

Asian Paints' Vizag plant to have higher capacity
Asian Paints Ltd has decided to revise its plans for the proposed manufacturing unit for paints and intermediaries in Visakhapatnam district of Andhra Pradesh.

The paints major has informed BSE through a regulatory filing that the company re-looked at its product portfolio to be manufactured at this plant and has decided to revise its plans of setting up of the plant with a maximum capacity of 5,00,000 kiloliters per annum.

The approximate amount that would be invested by the company in phases over a period of 12 years from the date of commencement of construction, including the cost of land, would be Rs 1,785 crore as against its earlier announcement of Rs 1,750 crore for 4,00,000 kilolitres made in March 2015.<more>

Asian Paints to invest Rs 4,000 cr in new units at K'taka, AP
Asian Paints Ltd is investing around Rs 4,000 crore on setting up two manufacturing plants in Karnataka and Andhra Pradesh, although it has cautioned that demand conditions in the current fiscal "still remain uncertain" on account of the global economic situation.

Asian Paints chairman Ashwin Choksi said in the latest Annual Report that "the company would be investing in phases at both these facilities to enable it to service the future demand adequately" <more>.



Dow Chemical to cut 2,500 jobs as part of Dow Corning deal
Dow Chemical Co (DOW.N) said it would lay off about 2,500 employees globally, or about 4 percent of its workforce, as part of a deal to assume full control of Dow Corning, which was a joint venture with Gorilla glass maker Corning Inc (GLW.N).

The seeds and chemical maker said it would also shut down silicones manufacturing facilities in Greensboro, North Carolina, and Yamakita, Japan, as well as certain administrative, corporate and manufacturing facilities.<more>

Global Powder Coating Guns Market 2016
Global Powder Coating Guns Market 2016 Industry Size, Research, Analysis, Forecast 2025
The market report, titled Powder Coating Guns Market 2016, is an analytical research done by Market Research Store study based on the Powder Coating Guns market, which analyzes the competitive framework of the Powder Coating Guns industry worldwide. This report 'Worldwide Powder Coating Guns Market 2016' build by the usage of efficient methodical tools such SWOT analysis, the Powder Coating Guns industrial 2016 study offers a comprehensive evaluation worldwide Powder Coating Guns market.<more>

BASF launches new coatings for rotor blades
The coatings recently passed an external 50 hours rain erosion test by an institute from Denmark.

BASF, Ludwigshafen, Germany, has launched new coatings for rotor blades: RELEST Wind LEP S. The coatings recently passed an external 50 hours rain erosion test by an institute from Denmark. The stress loads the rotor blades were exposed to during the operation were speeds of up to 300 kilometers per hour at the blade tips.<more>

BASF buys Chemetall surface treatment unit for $3.2bn
NEW DELHI: Chemical firm BASF IndiaBSE -0.81 % today said its parent firm has signed an agreement to acquire specialty chemicals firm Chemetall for $3.2 billion.

Germany-based Chemetall supplies specialty chemicals which are used in surface treatment of metals and plastics.

It has 2,500 employees globally and 21 production sites in more than 20 countries.<more>

Antimicrobial powder coating market impelled by alarming rise in air pollution and related health issues
The worldwide antimicrobial powder coating market is spread across Europe, North America, Asia Pacific, and the Rest of the World. Among these, North America has emerged as the leading regional market for antimicrobial powder coatings. Analysts expect this regional market to remain dominant over the forecast period with the fastest growth rate. The increasing need for food preservation applications and the growing awareness pertaining to healthcare are projected to propel the North America market for antimicrobial powder coatings in the coming years, states the research report.<more>

Berger Paints India's Q4FY16 consolidated net profit declines 60% yoy to Rs.92.77 crore : Broadly in line with estimates
The company's consolidated revenue stood at Rs. 1,129.67 crore, up 8.59% yoy but down 7.1% qoq.

Berger Paints India, leading paint manufacturer company, reported consolidated net profit of Rs.92.77 crore for the quarter ended March 31, 2016, registering growth of 59.73% yoy, but decline of 16.23% qoq. The company's revenue stood at Rs. 1,129.67 crore, up 8.59% yoy but down 7.1% qoq.<more>

Berger to expand Pune plant, set up new units in Assam
Berger Paints, third-largest paint manufacturer in the country, is going for capacity expansion with an eye on the revival of demand.
The Kolkata-headquartered company plans to expand its power coating plant at Jejuri near Pune.
It is also setting up two plants in Assam, near Guwahati and Tejpur, to take benefit of income and excise tax benefits to be commissioned by December.
Additionally, capacity at its Nepal plant, under its subsidiary Berger Jenson & Nicholson is being expanded to cash in on the rush to rebuild habitations destroyed in April 2015 earthquake.<more>

BASF to expand automotive coatings production in Thailand
The expansion will help BASF to serve better the strong demand from the expanding automotive industry in ASEAN

BASF will build a new manufacturing facility at its Bangpoo site in Thailand to strengthen its local production capability for waterborne and solvent-borne coatings. The new production facility complements the facilities at the new Coatings Technical Competence Center ASEAN, which was opened in September 2015 and includes a laboratory for product development, performance testing, colour design, as well as a small batch production unit. The expansion will help BASF to serve better the strong demand from the expanding automotive industry in ASEAN.<more>

Covestro uses CO2 to make plastics on industrial scale
The company has opened a plant in Dormagen (Germany) that uses carbon dioxide (CO2) as a raw material instead of crude oil to produce polyols, which are used in polyurethane foam

Covestro (formerly Bayer Material Science), the leading global manufacturer of polymers and specialty chemicals, has become the first company to produce plastics on an industrial scale by using carbon dioxide (CO2) as raw material (instead of crude oil).

'We have to change the way we look at CO2, and we will. Using it as an alternative source of raw materials is a solution to some of the biggest challenges of our time - finding a replacement for finite fossil resources such as oil and gas and closing material cycles. Thanks to our innovative process and the launch of our production operations in Dormagen, we see ourselves as a pioneer in this area -- true to our vision' To make the world a brighter place',' said Patrick Thomas, CEO, Covestro. <more>

Competition Commission approves AkzoNobel-BASF deal
NEW DELHI: Paint and coatings maker AkzoNobel has got fair trade regulator CCI's approval to acquire industrial coatings business of BASF SE.

In February this year, AkzoNobel had made an agreed offer to acquire BASF's Industrial Coatings business for 475 million euros.

Both the companies have presence in the country through AkzoNobel India and BASF India. <more>

Looking for the market to grow in double digits:
Jayakumar Krishnaswamy, Akzo Nobel
In an interview to ET Now , Jayakumar Krishnaswamy , MD, Akzo Nobel shares his business views.

ET Now: The return of volumes and sales growth is clearly evident when one looks at the financials of Akzo Nobel for instance. What has kick started to your mind this recovery in the entire industry so to speak?

Jayakumar Krishnaswamy: I think with the change in the Indian economy, with the new policies announced by the government a couple of years ago, so we all expected that the new policies will kick start little later and I think we can see the ben ..<more>


Bayer AG's crop science division apologized on Monday for a tweet that suggested reduced meat demand could benefit the environment, in a bid to appease outraged farmers who buy the company's seeds and chemicals.
The tweet, published on the official Bayer Crop Science (@Bayer4crops) account on Sunday, linked to a Vox.com article that said "going vegetarian can cut your food carbon footprint in half."

The post sparked a backlash on Twitter from North American grain growers who sell much of their harvests to livestock operations and from farmers who raise animals. A decline in meat consumption would hurt their incomes.

"Oh you just lost all my business," Lance Schiele (@schiele_lance), a livestock producer and grain farmer, said in a tweet to Bayer Crop Science.<more>