Coatings World - October 2011

the forecasted needs of the aerospace industry are major factors influencing this decision,” said

James Huntsman, president, Advanced Materials Division.

CPS Color acquires Pinova AG CPS Color Group Oy, Vantaa, Finland, has acquired Switzerland-based Pinova AG. According to CPS, Pinova is the market leader in colorants for facade coatings and wet plasters in German-speaking Europe and CEE countries. The seller is a fund managed by Afinum Management GmbH, a mid-market private equity fund manager in German-speaking Europe. One of Pinova’s core strengths is in the development of tailored colorant systems for the construction, paint and coatings market. With the addition of Pinova’s Novapint product range, CPS Color will further expand into the niche market of wet plaster colorants. The European plaster colorant market is estimated to grow by 6. 5 percent per annum over the next three years, the company said. The majority of Pinova’s sales are generated from facade products, with more than half of those related to colorants used for plaster applications. Pinova also provides industrial colorant solutions that are frequently used in high-end wood and metal coatings applications.

Synaqua 4804 alkyd emulsion
awarded Ringier Technology
Innovation prize in “paint
resin” category

Cray Valley Resins, an activity that is now part of Arkema Coating Resins, was awarded the Ringier Technology Innovation prize for its Synaqua 4804 alkyd emulsion in China in June. This waterborne paint binder is an innovative alkyd emulsion that helps produce top quality gloss paint with application characteristics very close to those of solvent paint, the company said.

The Synaqua 4804 alkyd emulsion technology allows the formulation of solvent-free waterborne paint with application performances that are very similar to those of traditional solvent-based paint and lacquer, in particular in terms of gloss and film resistance. It also ensures adhesion onto old alkyd paint, and can be used indoors and outdoors both in primers and in topcoats on most supports, including wood and metal, due to its stability with anti-corrosion pigments.

Partly based on raw materials of plant origin ( 41 percent biosourced carbon from total carbon), Synaqua 4804 also produces very low VOC glossy paint, and can be used in paint carrying the European eco-label.

Synaqua 4804 has been developed in France (Verneuil-en-Halatte R&D center), and is manufactured in France and in Germany.

Launched in 2006, the Ringier Technology Award rewards companies that contribute to improvements in the paint and coatings industry in China thanks to their innovations in terms of technology, material, enhanced productivity and efficiency. China’s top award in the coating industry, this prestigious prize is organized by the Ringier professional press group, which publishes “Coatings and Inks China” among other journals.

Clariant named best supplier at Brazilian paint industry’s Paint & Pintura Awards, 2011 Technology innovation, differentiated services and strong customer relationships have secured Clariant three “best supplier” awards in the Brazilian paint and varnish industry’s prestigious Paint & Pintura Awards for 2011. In addition to achieving Best Supplier in the categories Emulsions, Pigment Dispersions and Organic Pigments, Clariant was also elected the Master Top Ten Company for the third year in a row. Paint & Pintura is currently regarded as one of the most important awards in the Brazilian paint sector.

Price Increases

Ashland to hike prices for intermediates and specialty solvents in North America

Ashland Specialty Ingredients, a commercial unit of Ashland Inc., is increasing the price of its portfolio of intermediates and specialty solvents sold in North America effective Oct. 1, or as contracts allow. Prices for 1, 4 Butanediol (BDO) will increase by eight cents per pound; prices for N-Methyl-2-Pyrrolidone (NMP), N-Ethyl-2-Pyrrolidone (NEP) and Gamma-Butyrolactone (BLO) will increase by 10 cents per pound; and prices for Tetrahydrofuran (THF) will increase by 12 cents per pound.

Celanese to hike prices of VAE emulsions by $0.03/wet pound in America

Celanese Corporation, a global technology and specialty materials company and among the global leaders in emulsion polymers, announced that it will increase the price of all vinyl acetate/ethylene (VAE) emulsions sold in the Americas by $0.03 / wet pound, effective October 15, 2011, or as contracts allow. This price increase affects applications including, but not limited to, adhesives, paint and coatings, building and construction, nonwovens, glass fiber, carpet, paper and textiles.

Wacker Polymers to raise prices for vinyl acetate-based dispersions in the Americas

Wacker Polymers is to raise its prices for Vinnapas vinyl acetate-ethylene and ehtylene-vinyl chloride-based copolymer dispersions in the Americas. Effective October 14, Wacker will implement a price increase of $0.03 per wet pound, or as customer contracts allow. This measure has been necessitated by the continued increase in raw material and distribution cost.