As We Go To Press
Exousia expands industrial coatings business
Exousia Advanced Materials, Inc.,
Sugarland, TX, has acquired all of the
assets of Aegeon, LLC. Aegeon is
engaged in the manufacture, marketing,
sale and distribution of specialty industrial coatings and sealants.
Aegeon is an industrial coatings
manufacturing and distribution company with more than 50 years of service to the petrochemical, oil and gas
and off-shore industries. They currently produce and distribute two hundred
coatings formulas including severe-environment protection. “For a company of this size, the enormous product
selection demonstrates Aegeon’s vast
knowledge of the intricacies of the coatings industry,” said Exousia’s vice president of marketing, Rod Watkins.
“Aegeon approached $2 million in
sales in 2007,” said Exousia CEO J.
Wayne Rodrigue. “As an established profitable company, this acquisition is immediately accretive to both revenue and
earnings for Exousia from Aegeon’s
existing domestic operations. We’re
already approaching new customers and
I anticipate strong growth as we implement our marketing strategies. Between
the Aegeon acquisition and projected
revenue already under contract from
China we look forward to a promising
year in 2008.”
Aegeon is located in the Gulf Coast
area of Texas. This location was selected for its proximity to the numerous oil
drilling and refining companies and the
pervasive amounts of heavy equipment
required for these industries. Aegeon’s
industrial coatings provide protection
from exposure to the corrosive industrial environment and the Gulf’s severe
weather conditions.
production sites in Romania, China
and Russia, has a 50-year history in
the household appliance sector.
The agreement with BASF Coatings
Spa calls for an initial delivery of liquid e-coat paints for coating dryers
produced on the new production line
at the plant in Çerkezköy, Turkey. Up
to 80% of the appliances are destined
for export. With more than 17,000
employees, 11 production sites in four
countries, and 13 subsidiaries outside
Turkey, Arçelik combines nine of its
own brands from the household appliance sector, including Grundig and
Blomberg. CW
Index to Companies
This index gives the starting page for a department or feature with
a significant reference to a manufacturer of paint, coatings, adhe-
sives and sealants. Subsidiaries are indexed under their own names.
BASF COATINGS NAMED SUPPLIER
FOR TURKEY’S LARGEST HOUSEHOLD APPLIANCE MANUFACTURER
BASF Coatings Spa has been named a
supplier for Arçelik A.S., Europe’s
third largest producer of household
appliances. The Turkish company, with
Aegeon. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8
Akzo Nobel. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10
BASF. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10
Becker Powder Coatings .................................... 10
California Paints .......................................... 32
Columbia Paint & Coatings. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10
DuPont .................................................. 10
Ecology Çoatings .......................................... 26
Empils. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 22
Exousia Advanced Material. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8
Euronavy. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10
Hanfeng Evergreen ........................................ 10
Henkel. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10
ICI. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 32
Inchem Holdings .......................................... 10
Industrial Nanotech. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10
InternationalPaint ........................................ 22
Liquiguard Technologies .................................... 22
Lord Corporation .......................................... 10
Mid America Protective Coatings. . . . . . . . . . . . . . . . . . . . . . . . . . . . . 26
Pantone. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 32
Raabe Company. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 22
RedSpot Paint & Varnish. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 26
Resene. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 32
Rohmand Haas ........................................... 32
Shawcor. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10
Sherwin-Williams. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10
Sika Industrial Flooring .................................... 54
Spies Hecker. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 22
Sniezka. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10
