PPG Completes Acquisition of
High-Heat-Resistant Coatings Supplier
PPG Industries has completed its previously announced acquisition of substantially all of the assets of Hi-Temp
Coatings Technology Co., Inc., a private-ly-owned supplier of high-temperature-resistant and insulative coatings, based
in Boxborough, Massachusetts. Financial
terms were not disclosed.
The acquisition enhances the product
portfolio of PPG’s protective and marine
coatings business, adding coatings that
withstand extreme temperatures to protect both carbon steel and stainless steel
substrates. The coatings are used widely
in refineries, petrochemical plants, pulp
and paper mills and power plants.
“With the acquisition of Hi-Temp and
its unique technologies, we offer even
more high-quality solutions for a variety
of customers, including those in the pet-
rochemical industry,” said Tim Knavish,
PPG vice president, protective and marine
coatings. “We look forward to leveraging
these products for multiple growth op-
portunities for PPG’s business.”
PPG provides protective and ma-
rine coatings, with products protecting
customers’ energy, infrastructure and
marine industry assets in some of the
world’s most demanding conditions and
environments. Featured lines include the
AMERCOAT, PITT-CHAR and SIGMA
COATINGS brands.
BASF Presents European
Construction Project
Build Tog at MIPIM in Cannes
BASF will present the European research
and construction project BuildTog
(Building Together, www.buildtog.eu)
at the MIPIM (Le marché international des professionnels de l’immobilier)
event in Cannes, France. The aim of the
project is to create a new generation of
residential homes in several European
countries combining energy performance with cost-efficient construction
and high-quality architecture. Build Tog
is a collaboration between the European
Housing Network EURHONET, the
French architect Nicolas Michelin and
his architecture firm A/NM/A, as well
as the German energy efficiency consul-tancy LUWOGE consult and BASF.
AkzoNobel Capital Markets
Day 2014
AkzoNobel recently hosted a Capital
Markets Day in London. The event is intended to give analysts and investors further insights into the operational strategies
AkzoNobel is pursuing in its three business
areas and featured an introduction from
CEO Ton Büchner as well as presentations
from the responsible Executive Committee
members and from CFO Keith Nichols.
Previewing the event, CEO Ton
Büchner commented: “At our previous
Capital Markets Day a year ago we
introduced a new company-wide vision and strategy, as well as financial
targets for 2015 focused on quality
of earnings and value creation. A year
on, we are on track to achieve these
goals, and today I am looking forward
to providing more color on the operational strategies we are implementing
in our three Business Areas under the
leadership of my Executive Committee
colleagues Ruud Joosten (Decorative
Paints), Conrad Keijzer (Performance
Coatings) and Werner Fuhrmann
(Specialty Chemicals).” 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.
AkzoNobel........................................................................................... 10, 36, 70
Arizona Polymer Flooring ............................................................................... 46
Axalta Coating Systems...................................................... 10, 46, 54, 60, 68, 70
BASF .................................................................................................... 10, 36, 60
Benjamin Moore ............................................................................................. 46
Carbodeon ...................................................................................................... 46
Dow Corning .................................................................................................. 46
Dymax ............................................................................................................ 46
Hempel ........................................................................................................... 10
Henkel ............................................................................................................ 46
MesoCoat ....................................................................................................... 10
National Paint................................................................................................. 10
PPG.............................................................................................. 10, 46, 60, 114
ShawCor ................................................................................................... 10, 56
Sherwin-Williams ...................................................................................... 10, 46
Valspar ............................................................................................................ 36
