Coatings World - September 2012

pleted towards the end of this year, once regulatory approvals have been obtained and the purchaser has completed a legally required tender offer for at least 50 percent of the shares in ICI Pakistan held by the other shareholders.

“We are pleased to have reached an agreement to sell our shares in ICI Pakistan,” said Keith Nichols, CFO AkzoNobel. “We are convinced that the Yunus Brothers Group is better suited to achieving its obvious potential, while the deal includes conditions to safeguard the terms and conditions of our dedicated employees there.” The agreement follows the successfully completed restructuring of AkzoNobel’s activities in Pakistan last month, which entailed the demerger of ICI Pakistan’s paints and coatings businesses into the new listed company, AkzoNobel Pakistan Limited. The newly formed company is 75. 81 percent owned by AkzoNobel and continues to focus on decorative paints, performance coatings and specialty chemicals.

ICI Pakistan Limited has been a subsidiary of AkzoNobel since 2008, when the company acquired Imperial Chemical Industries PLC. It is listed on the Karachi, Lahore and Islamabad Stock Exchanges. ICI Pakistan’s business now comprises polyester fiber, soda ash, life sciences and chemicals.

The Yunus Brothers Group is a leading conglomerate in Pakistan with interest in the cement and textile industries, power and real estate. It had revenues of €775 million in 2011.

been conducting a detailed analysis of Chengxi’s production processes to identify ways to improve coatings efficiency. This includes best practices for painting, application procedures and waste and packaging reduction.

“We’ve set up a project team to analyze the whole shipyard application procedure and solve the shipyard’s practical problems,” said Metcalfe.

“Our program of activity will also include packaging as we should be considering more efficient and long-term sustainable alternatives,” said Yang Jun, International’s marine manager for Central China.

Sherwin-Williams Aerospace Coatings launches new website Sherwin-Williams Aerospace Coatings has launched a new website to assist aircraft coatings specifiers, influencers and users. It can be accessed by clicking on www.swaerospace.com.

The new website is one of the most detailed in the aircraft coatings industry the company said.

It was designed to be easy to maneuver and provide more connectivity for visitors. Users will find a clean appearance and intuitive navigation that allows them to directly search via their specific market niche (general, business, commercial and military aviation markets), and/or product system (interior, exterior coatings, primers, fillers, etc.).

The new site also complements the corporate Sherwin-Williams site. This now brings a consistent look and better positions the brand in accordance with its status as one of the aerospace maintenance industry’s market leaders.

A highlight of the new site is its detailed products and systems section. In particular, this includes information specific to SKYscapes, its new basecoat/clearcoat exterior paint system. This state-of-the-art product line now has

Use grind gages more consistently.

International Paint and Chengxi partner to enhance marine coatings efficiency

International Paint of Shanghai has established a long term strategic partnership with CSSC Chengxi Shipyard, designed to improve the efficiency and sustainability of their businesses. The two organizations formalized the agreement at a meeting at Chengxi Shipyard on June 20, 2012, led by Aidan Metcalfe, regional director China, Hong Kong and Taiwan, marine coatings for International, and Cao Xuem-ing, deputy general manager of Chengxi.

The agreement signaled International as one of the shipyard’s first priority paint suppliers for all newbuilding projects and from the end of July International has

Little Joe Industries offers the ADM Automatic Draw-Down Machine for use with grind gages. The ADM automates the draw down process controlling scraper angle, speed, and force. Since these aspects are no longer operator dependent your grind gage draw-downs will be more consistent while requiring less operator training and supervision.