Bayer MaterialScience has inaugurated a regional innovation hub for Asia Pacific in Shanghai, China. More than 200 experts will develop novel ideas for the use of high-performance plastics, foams and coatings in key sectors such as mobility, construction, IT and renewable energy.
New Energy Technologies, Inc. recently announced that researchers have successfully achieved faster fabrication time, improved transparency, and a two-fold increase in power conversion efficiency. Researchers are hopeful that today's breakthrough in mini-module spray-on device fabrication leads to improved spray-on techniques for large-scale devices, a precursor to the Company's product for commercial launch.
NASCAR® and Sherwin-Williams recently announced a multi-year partnership designating the nation's largest specialty retailer of paint and painting supplies as the 'Official Paint of NASCAR'. Sherwin-Williams, a FORTUNE 500 company, will leverage its new designation for architectural paint and the power of NASCAR's intellectual property to activate at its more than 3,500 stores nationwide and ignite the passion of its customers – many of whom are fiercely brand-loyal fans of the sport.
Medi-Solve Coatings, LLC, is exhibiting at the upcoming MD&M East Show (June 18-20, 2013) at booth 3091. Medi-Solve Coatings will feature its latest proprietary coating technology under the AquaCoat® technology platform offering outstanding durability while maintaining a high level of lubricity and low particulate count.
New Energy Technologies, Inc. presented at the Advanced Energy 2013 Conference held on May 1st, 2013 at the Jacob K. Javits Convention Center in New York City, NY. New Energy's Vice President of Business & Technology Development, Mr. J. Patrick Thompson, presented his and the Company perspectives on improving building efficiency and energy autonomy, and an overview of SolarWindow™.
The polyurethane and polyols report by Transparency Market Research analyses, estimates and forecasts polyurethane and polyols demand on a global and regional level for the six year period from 2012 to 2018, in terms of revenue and volume. The study also provides information on restraints, drivers and opportunities along with the impact on the overall market for the forecast period.
Univar Inc., recently announced that it has completed the acquisition of Quimicompuestos, a distributor of commodity chemicals in Mexico. Terms of the acquisition were not disclosed. "We are extremely pleased to announce the acquisition of Quimicompuestos," said Erik Fyrwald, President and Chief Executive Officer of Univar.
Ashland Specialty Ingredients recently received a Ringier 2013 Coatings Technology Innovation Award for its breakthrough Natrosol™ Performax paint thickening technology. It is the third consecutive year Ashland has won the innovation award. Natrosol Performax was officially introduced to China's market in 2012.
BASF has acquired new business with Ford Otosan and has supplied basecoats and clearcoats for the company's plant in Kocaeli, Turkey, since the beginning of this year. Ford Otosan, the leader of Turkish automotive industry, is positioned as the commercial vehicles production hub of Ford Europe.
The European Commission has launched a new three-year project "Bio Base NWE" to support the development of the bio-based economy in North West Europe (NWE). The €6.2 million (£5.35 million) project will work mainly with small and medium businesses (SME's) to help facilitate innovation and business development in bio-based technologies.
Kuraray has recently announced a Commercial Acceleration program with SpecialChem to support the growth of its MPD based Polyols in Coatings & Adhesives markets. SpecialChem will support Kuraray in the business development strategy of its MPD based Polyols. The custom Commercial Acceleration Solutions have been designed to bring speed and market reach as well as act as an extended arm of Kuraray business development team...
MACtac® Roll Label secured Underwriter Laboratories (UL) Recognition for EFI Jetrion UV digital label inks used with its durable films, including: FAD6914, BDE6914 and FCD6914. "With the shift toward digital printing, UL Recognition for printing our durable films digitally is a major advantage to converters," said Kim Hensley, Product Manager, MACtac Roll Label.
Delta Manufacturing, Inc., a Newport, Ark.-based maker of steel trailers, announced that it has selected PPG Industries' commercial coatings group as its paint supplier. Ron Yarnell, PPG OEM sales manager for commercial coatings, said, "We are very pleased Delta has chosen PPG as its coating supplier. We are proud to provide them with our proven technologies, total color solutions, and best-in-class service - key areas of support that are critical for Delta and the entire trailer industry."
For the second consecutive year Oxiteno has won the Paint & Pintura award, the "Oscar" of the Paint industry, in the Oxygenated Solvents category. The 17th edition of the award was held on May 3rd in São Paulo. The event was attended by 883 professionals of the paint industry that competed in 50 categories, assigned to recognize the best practices of suppliers, the best paint manufacturer and the professionals of the year.
Over the past few years, the Indian paint market has substantially grown and caught the attention of many international players. The growth in the market is driven by emergence of the middle class in India, growing infrastructure, increase in the tendency to spend and growing young population inclined towards lavish lifestyle. On the back of such advocacy, it is anticipated that the sector will post a CAGR of around 16.2% during 2013-14 to 2015-16, according to RNCOS recent research report, "Booming Paint Industry in India".
Edeniq, a biomaterials and sustainable fuels company, recently announced that the company's first demonstration plant, located at its Visalia, CA headquarters, has completed a successful "performance test" that exceeded the benchmark of 1,000 hours of continuous operation. The Corn-to-Cellulosic Migration plant utilizes Edeniq's proprietary technology to process over one metric ton of cellulosic feedstock per day to cellulosic ethanol, exceeding the plant's initial target.
Industrial Nanotech, Inc. announced that the Company has recently received an initial order of 3300 gallons of Nansulate® Crystal for a large project. The retail value of the initial order is $280,335 and this is the first of five similar size orders planned for a commercial building renovation. The Company anticipates that all five orders, totaling over 15,000 gallons and $1,400,000 in retail value, will be filled over the next 12 months.
Transparency Market Research's latest report "Powder Coatings Market for Automotive, Electronics, Architectural and Industrial Applications - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2012 - 2018" comprises a detailed description on the forecast and analysis of the powder coatings market on a global as well as regional level. The forecasted demand is based on volumes (kilo tons) and revenue (USD million) for a time period ranging from 2012 to 2018.
The American Coatings SHOW and CONFERENCE has been named one of the "Top 250 Trade Shows of 2012" in the United States by Trade Show News Network (TSNN). The AC 2012 SHOW and CONFERENCE made its debut appearance on the annually published list, ranking #202 of 250. The 2012 Top 250 Trade Shows ranking is the second major trade shows industry recognition for the 2012 AC SHOW and CONFERENCE.
The Valspar Corporation (NYSE: VAL) has reported second quarter 2013 net sales of $1.03 billion, equal to the prior year. Reported net income and earnings per diluted share for the current and prior year include several nonrecurring items, which are detailed in the "Reconciliation of Non-GAAP Financial Measures" included in this release. Second quarter 2013 adjusted net income and earnings per diluted share, excluding these nonrecurring items, were $83 million and $0.91, respectively.