our current range,” said Paula
Salastie, CEO of Teknos Group.
The parties have agreed that
the value of the transaction will
remain undisclosed.
PPG Begins COLORFUL
COMMUNITIES Project at
Jahn Ferenc Hospital in
Budapest
PPG has begun a COLORFUL
COMMUNITIES project in Budapest to
revitalize the maternity department at
the Jahn Ferenc Hospital. The Colorful
Communities program provides PPG
volunteers and products along with financial contributions to bring color and
vitality to communities where the company operates around the world, such as
in Budapest, which is home to the PPG
Trilak architectural coatings plant.
The project kickoff last weekend
brought together more than 30 PPG
volunteers, who spent a day revitaliz-
ing a hallway in the hospital’s maternity
department. PPG is providing $20,000,
including new Héra Clean waterborne,
washable interior paint and Trinát Aqua
trim paint, to help repaint the entire ma-
ternity ward by the end of this year.
The Jahn Ferenc Hospital maternity
department has 81 beds, sees more than
5,000 patients each year and includes
more than 43,000 square feet (more
than 4,000 square meters) of walls that
will be repainted as part of the PPG
project. So far, the hallway and waiting
room have been brightened with colorful
designs to welcome mothers to-be and
their families.
“As Hungary’s leading paint factory, it
is important to us at PPG Trilak to help
those in need and demonstrate our cor-
porate social responsibility,” said István
Miavecz, PPG Trilak managing director,
architectural coatings, Hungary. “We
are excited to start our first Colorful
Communities project for PPG in Hungary,
and we hope to plan more local charita-
ble projects in the future.”
BASF Completes
Acquisition of Guangdong
Yinfan Chemistry
BASF has completed the acquisition
of the assets of Guangdong Yinfan
Chemistry Co., Ltd in China. A new
legal entity named “BASF Coatings
(Guangdong) Co., Ltd.” has been estab-
lished in Jiangmen, Guangdong Province,
to take over and further develop Yinfan’s
automotive refinish coatings business.
“Together with Yinfan’s team, we have
started the integration process. Our ap-
proach is very customer- and employee-
focused,” said Peter Fischer, Senior Vice
President, Coatings Solutions Asia Pacific.
“Our goal is to ensure business continu-
ity and make Yinfan an integral part of
BASF, leveraging technology, product
portfolio and unique industry expertise
of both companies.”
BASF is a global leading supplier
of automotive coatings. The acquisition enables BASF’s Coatings division
to broaden its automotive refinish
British Coatings Federation Launches New Website, Digital Campaign for PaintCare
As part of their PaintCare program, the British Coatings Federation (BCF) has launched a new website and digital campaign
which aims to help the UK public make better use of their leftover paint. On average, each household in the UK has six cans of
unwanted paint in their shed or garage, which when disposed,
98% of it ends up landfilled or incinerated.
The website, www.paintcare.org.uk centres on three main
messages to help get the public involved: buy right, use it up,
and recycle the rest.
PaintCare estimates that 30% of people have leftover paint
because they bought too much. To help reduce the amount of
leftover paint generated in the UK, the new website encourages
visitors to ‘buy right’ and includes links to paint company calculators to help consumers calculate how much paint they need
before they buy. To promote the ‘buy right’ message, BCF have
launched a digital campaign promoting advice to consumers.
The campaign features two videos that can be viewed at www.
paintcare.org.uk/buy-right or from the BCF’s You Tube channel.
The website also advises consumers on how to ‘recycle the
rest’ with a new paint recycling locator provided by Recycle Now
in partnership with Valpak which allows users to find their nearest
Household Waste Recycling Centre (HWRC) to recycle their un-
wanted paint. Visit http://www.paintcare.org.uk/recycle-the-rest/
to use the locator. For consumers interested in purchasing reman-
ufactured paint, the website features a dedicated area showcas-
ing the organizations that remanufacture new paint products from
leftovers – visit http://www.paintcare.org.uk/buy-remanufactured-
paint/. Finally, the website highlights the ways consumers can ‘use
it up’ and make use of unwanted paint in other household proj-
ects at http://www.paintcare.org.uk/useitup/.
Tom Bowtell, Chief Executive of the BCF said: “To date,
we’ve largely focused our efforts with PaintCare on working with
government and industry to bring down the barriers to paint recycling in the UK. With our new website and buy right digital
campaign, we’re getting the public involved and are encouraging consumers to do what they can now to help make better use
of household leftover paint. We are hopeful that in time there
will be a truly circular framework for leftover paint, with a national
HWRC network for consumers to recycle their paint, and more
remanufactured paint products for consumers to purchase.”
