Fresh Paint
taking over the National Starch adhesive business of AkzoNobel for approximately € 3. 7 billion euros. The acquisition increases the sales of the Henkel
Adhesives division by approximately
€1.8 billion to € 7. 5 billion euros, on a
full-year basis.
EXOUSIA RECEIVES INITIAL SUPPLY
ORDER FROM BOHAI SHIP BUILDING
Exousia Advanced Materials, Inc.,
through its China subsidiary, Tianjin
Advanced Materials Inc., has received an
initial order from Bohai Ship Building
and Repair to supply its PowerShield
marine coatings. This order, for approximately $250,000, will include a mix of
zinc-rich epoxy primers to advanced non-skid coatings that integrate Exousia’s
patented Vistamer engineered particles.
The order from Bohai represents the
beginning of a supply relationship that is
expected to result in substantial orders
in 2009 and beyond and will include a
wide range of production and high-performance marine coatings.
“This is a substantial development for
Exousia and is the culmination of our
year-long efforts in China,” said Exousia
CEO, J. Wayne Rodrigue. “We have
established an outstanding production
facility in Tianjin China that will allow
our relationship with Bohai and other
customers to grow. Our facility provides
Exousia with the foundation to rapidly
increase revenue. This initial order with
Bohai is significant in that we expect
Exousia to become one of their leading
suppliers.”
CONFORMAL COATINGS
FOR ELECTRONICS WILL BE
WORTH $9.1 BILLION IN 2013
According to a new technical market
research report—Conformal Coatings in
the Global Electronics Industry—from
BCC Research, the global market for
conformal coating technology in electronics is expected to be worth $6.6 billion in
2008. This will increase to more than
$9.1 billion in 2013, a compound annual
growth rate (CAGR) of 6.8%.
The market is broken down into conformal coating materials and conformal
coating equipment/spares. Of these, the
conformal coating equipment/spares segment has the largest share of the market, worth an estimated $5.1 billion in
2008. This should increase to $6.9 billion
in 2013, for a CAGR of 6.2%.
Conformal coating materials represent the second largest segment, worth
an estimated $1.5 billion in 2008. This
segment is expected to grow at a CAGR
of 8.9% to reach $2.3 billion in 2013.
Conformal coatings are important for
electronic applications in consumer electronics, the automotive segment, aerospace and medical devices. Applications
for consumer electronics currently dominate the market and will continue to do
so through 2013. Growth in the automotive segment will be driven by accelerated use of electronic monitoring, sensing
and controlling devices, and computer
systems in cars. Conformal coating
application in aerospace is the most
highly developed segment of the industry, while medical and biomedical device
applications of conformal coatings will
experience the highest growth of the
market segments studied.
INDUSTRIAL NANOTECH RECEIVES
FIRST MAJOR ORDER FROM CHINA
Industrial Nanotech, Inc. has received
an order for 12,000 gallons of its patented Nansulate nanotechology-based coatings from Golden Horse Real Estate Co.,
Ltd. in China, marking the company’s
first major order from China. The retail
value of the order is $863,400.
“This represents a significant breakthrough in our persistent efforts to penetrate this major world economy,” said
Francesca Crolley, VP of operations and
marketing for Industrial Nanotech, Inc.
“The order for 12,000 gallons of our
patented Nansulate energy saving protective coatings includes 4,000 gallons of
Nansulate High Heat, designed for high
temperature industrial applications;
4,000 gallons of Nansulate PT, designed
for industrial pipes and tanks; and 4,000
gallons of Nansulate HomeProtect
Clearcoat, designed for residential applications. These represent our top selling
products in the building, manufacturing, and industrial markets. We currently expect to ship this order in the first
quarter of 2009.”
PPG INCREASES ROLE WITH
WIND TURBINE INDUSTRY OEMS
PPG Commercial Coatings has dramatically increased its involvement in the
global wind turbine industry. With the
growing international demand for alternative energy forms, PPG is assisting
OEMs with the development and application of advanced coatings and materials for wind turbine blades. Understanding the process of harnessing and
delivering wind energy as well as the
harsh conditions in which wind turbines
must operate, has enabled PPG to develop coatings solutions for this rapidly
growing industry.
PPG is not a newcomer to the wind
energy industry. The company has been
producing coatings and fiberglass for
wind turbine blades collectively for more
than 30 years and has intensified its
focus in the last 24 months. PPG is
heavily involved in research and development that will help enable OEMs to
produce larger and more powerful turbines that compete with traditional
forms of energy generation.
“We know how important this form
of renewable energy is. We’ve added
resources, enhanced our expertise and
are developing innovative products
for Europe, Asia and North America,”
said Dave Chapman, PPG global marketing director, commercial coatings.
“We’re helping our OEM customers
with products that take cost out of
their process, increase turbine energy
output and improve overall turbine
durability.”
Experts from the commercial coatings group work with PPG’s protective and marine coatings and fiber
glass divisions to address OEM needs
for strong, durable and element-
