Axalta Coating
Systems Completes
Acquisition of High
Performance Coating
in Southeast Asia
Axalta Coating Systems has completed its
acquisition of High Performance Coating
Sdn. Bhd., a leader in refinish coatings
in Southeast Asia. The acquisition will
strengthen Axalta’s capability to serve refinish customers in the region with additional product offerings and an expanded
sales and service network.
“The acquisition of High Performance
Coating expands Axalta’s product portfolio further and will allow us to offer
a much broader range of products and
value propositions to our customers,”
explained Sobers Sethi, vice president
of Axalta’s South and East Asia Region.
“High Performance Coating joins Axalta
at an exciting time as we celebrate 150
years of innovation, growth and lead-
ership in the coating industry. Axalta’s
technology and systems, coupled with
High Performance Coating’s manufactur-
ing, products and distribution network,
will enable us not only to serve High
Performance Coating’s current customers
but also give us the opportunity to serve
customers in other markets in the region.”
Established in 1996, High Performance
Coating manufactures several well-
known brands including HIPIC, Nebula
and Marvel.
“Moving forward, High Performance
Coating will continue to retain its current
products under its own brand names,”
explained Sethi. “We will keep High
Performance Coating nimble and flex-
ible, in a position to respond quickly to
customer requirements, but now that
support will be backed by Axalta’s global
refinish capabilities.”
Axalta operates extensively in all the
markets in South and East Asia, serving
customers in the refinish, light vehicle and
commercial vehicle OEM segments, and a
wide range of industrial end markets in-
cluding the construction industry.
Valspar Packaging Expands
Capacity in Asia
The Valspar Corporation announced that
it is expanding production capacity at
its Singapore facility to meet increased
demand for its food and beverage packaging products in the Asia Pacific region.
The expansion is expected to come on
line in 2017.
“This investment represents another
important milestone in our growth strategy for the region,” said Louie Wang, managing director of Valspar’s Asia Pacific
Packaging business. “We have been experiencing strong growth, and this expansion, along with Valspar’s recent capacity
increase in China, positions us well to
continue to meet rising customer demand.
Valspar is the global technology leader in
coatings for metal packaging, and as governments, industry and consumers show
Ann Arbor, Michigan Crowned Tnemec 2016 Tank of the Year
The municipal water tank in Ann Arbor, Mich., is this year’s winner of the Tank of the Year competition sponsored by Tnemec
Company, Inc., a leading provider of high-performance coatings. The 500,000-gallon elevated water tank was selected by a
panel of water tank enthusiasts based on criteria such as artistic
value, significance of the tank to the community, and challenges
encountered during the project.
“The Ann Arbor water tower was repainted this year using
a design that depicts various birds in flight, as well as fish swim-
ming in the Huron River, which supplies drinking water to Ann
Arbor,” according to Doug Hansen, Director – Water Tank Mar-
ket for Tnemec. “The design was the winning entry in the city’s
‘Art in the Sky’ public art contest that drew nearly 600 entries
from city residents of all ages.”
Standing on Manchester Road, the Ann Arbor water tower
was recoated in May using Tnemec’s advanced fluoropolymer
coating system for unsurpassed color and gloss retention.
The tank was among the top 12 finalists in public voting during the 2016 Tank of the Year competition. Other water tanks
among the top 12 finalists for 2016 are located in Champaign,
IL; Durand, MI; Garnavillo, IA; Gulf Shores, AL.; La Porte, TX;
Laurens, SC; Lumberton, NC; Olathe, KS; Ontario, CA; Houston
County, GA and York, NE.
The Houston County, GA, water tank received the largest
number of online votes this year to make it the winner of the
People’s Choice category.
“This is the 11th anniversary of the Tank of the Year competition, which recognizes the most impressive coatings projects in
the water tank industry,” Hansen added. “This year, 246 water
tanks were nominated from across the U.S. and Canada. We are
thrilled with how the contest has grown year after year due to
individual communities supporting their local water tanks.”
The Tank of the Year will be featured on the month of January
in Tnemec’s 2017 water tank calendar. All finalists and nominations will be included in the following months of the calendar.
