As We Go To Press
PPG to acquire Bairun Chemical Co.
PPG Industries has reached an agreement to acquire Bairun, a privately-held packaging coatings company in
Gaoming District, Foshan, Guangdong
in southern China. Approximately 70
Bairun employees involved with sales,
research and development, quality
control, technical support, manufacturing and warehousing will transfer
with the business.
“This acquisition will bolster PPG’s
positions in the Chinese and Asian
packaging coatings industry,” said
Viktor Sekmakas, PPG senior vice pres-
ident, industrial coatings, and presi-
dent, PPG Asia/Pacific. “This acquisi-
tion positions PPG to continue a histo-
ry of strong growth in the packaging
coatings business in a large and grow-
ing region. Furthermore, this acquisi-
tion fits with PPG’s global strategy to
grow in coatings and specialty prod-
ucts, especially in emerging regions
such as Asia/Pacific.”
“The addition of Bairun’s technology
and solid position in two large seg-
ments in packaging coatings, the
monobloc aerosol and tube (MAT) and
lug cap, crown and general line (LCG)
segments, complements PPG’s strength
in the food and beverage can segment,”
added Douglas Pegg, PPG vice presi-
dent, packaging coatings. “It also pro-
vides us with manufacturing capability
in southern China, which supplements
our overall China capacity and
improves customer logistics.”
PPG’s packaging coatings are used
for containers for the beverage, food,
cosmetic, pharmaceutical, paint and
chemical industries.
struction, industrial and distribution
markets. May National is located in
Lakewood, New Jersey with annual
sales revenue of approximately $20
million and 60 employees. The acquisi-
tion expands Sika Corporation’s posi-
tion in sealing and bonding by enabling
the company to build up its silicone
sealants offering particularly in the
growing solar and façade markets in
North America. After the rollout of its
engineered silicones business in
Europe in 2004, Sika now has the abil-
ity to build a strong silicone footprint in
North America and expand its global
silicone technology and know-how to
this region. May National, founded in
1984, manufactures and markets a full
range of silicone, polyurethane, hybrid
and acrylic sealants and adhesives.
May National will operate as a sub-
sidiary of Sika Corporation and will be
managed under the existing May
National management team. 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, adhesives and
sealants. Subsidiaries are indexed under their own names.
SIKA STRENGTHENS BUSINESS IN NA
Sika Corporation, the U.S. subsidiary of
Sika AG, has acquired May National
Associates, Inc., a manufacturer of sili-
cone and polyurethane products for
sealing and bonding active in the con-
AkzoNobel. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 29
