Testimony in DuPont Cancer Trial – DuPont Witness Admits Discharged Chemical
Dr. Anthony J. Playtis, a retired occupational hygienist employed at DuPont's Washington Works facility, was the only witness called by the company's defense attorneys yesterday in the case of Carla Bartlett v. DuPont. Although he was expected to support the company and its actions leading to the contamination of drinking water in Ohio and West Virginia, Dr. Playtis had to admit under cross-examination that DuPont's Teflon chemical C8, which DuPont released in mass into the environment, is VERY toxic <more>
Policy on eliminating lead from paints demanded
Bangladesh Paint Manufacturers Association (BPMA) has demanded a government policy to stop the use of lead in paints in Bangladesh by 2017.
'Small and medium entrepreneurs and multinational companies have already assured BPMA that they will stop adding leads in paints. However, it is high time for the government to act strictly by setting 50 ppm as the standard lead limiting agent,' BPMA Vice-President Abdur Rahman told at a discussion yesterday.
Environment and Social Development Organisation (ESDO) organised the discussion titled 'High Level Policy Dialogue on Lead Free Paints in Bangladesh' at its office on the occasion of International Lead Poisoning Prevention Week. <more>
|Kansai Nerolac Q2 net climbs
33% to Rs 97 crore
NEW DELHI: Kansai Nerolac Paints today reported a 33.33 per cent increase in standalone net profit at Rs 96.88 crore for the second quarter ended September 2015.
The company had reported a net profit of Rs 72.66 crore in July-September last year.
Total income from operation was also up 5.21 per cent at Rs 971.33 crore as against Rs 923.21 crore a year ago, the company said in a BSE filing. <more>
Berger Paints launches their latest innovation: Berger Express Painting
Berger Paints launches their latest innovation: Berger Express Painting
Kolkata: Berger Paints India Ltd. headquartered in Kolkata the second largest decorative paint company in India and the 6th largest in Asia, has recently announced the launch of their latest innovative offering -BergerExpress Painting, an initiative to upgrade the painting process with the use of automatic painting machines making it 'Faster, Cleaner and Better'. Always driven by innovation and challenges, Berger Paints has once again taken the lead and introduced this painting process innovation which is why Berger Paints ranks 35th among the top 50 brands in India as reported by Millward Brown in their BrandZTM Top 50 most valuable Indian brands research study. <more>
Berger Paints India Ltd to consider Q2 results on Nov 03, 2015
A meeting of the Board of Directors of Berger Paints India Ltd will be held on November 03, 2015, to consider, the Company's Unaudited Financial Results for the quarter ended September 30, 2015 (Q2). <more>
Will colors brighten for paint companies this Diwali?
A sustained economic recovery, led by growth in the real estate and automobile sectors, is what can bring the smiles back for paint companies
he onset of the festival season has not been very colourful for paint companies. The recovery in economic growth continues to look uncertain, and a deficient monsoon may continue to hurt growth in the coming months. The December quarter may see some improvement, but that is partly a timing-related effect as Diwali falls in November this year. FY16 is expected to end with a volume growth in the range of 8-12%, according to analysts. < more >
Asian Paints Posts Rs 399 Cr Profit in Q2
New Delhi: Asian Paints on Friday reported a consolidated net profit of Rs 399 crore for the fiscal second quarter that ended on September 30, 2015, on account of an increase in net sales.
The company had posted a net profit of Rs 347.30 crore for the corresponding period a year ago, it said in a regulatory filing. <more>
Deepika Padukone launches Asian Paints Royale Play's new campaign in Mumbai
Asian Paints Royale Play's brand ambassador Deepika Padukone feels that the latest campaign beautifully captures the transformation of spaces while delivering the warmth of a father-daughter relationship and playfulness between two friends. Says Amit Syngle (president-sales, marketing and technology, Asian Paints Ltd.), <more>
Already affected by devastating April earthquake, the domestic paint industry has further contracted due to the current political instability.
As the real estate sector is facing problems, the paint market has not only lost its year on year growth of 15 per cent but also suffered a decline of five per cent. On the top of that, the short supply of raw materials has barred the industry from operating at full production capacity.
'The paint industry has not been able to perform this year, as the devastating earthquake and Tarai unrest has badly affected both industry and market,' said Budhaditya Mukherjee, Country Director of Asian Paints Nepal. <more>
Pakistan Coating Show allures paints industry
Saturday, October 17, 2015 - Islamabad--Pakistan Coating Show, keeping its tradition of building stronger friendship and business relations with their existing local and international partners as well as future potential collaborators, again on both levels, has organized a 'Grand Networking' Event at local hotel in Islamabad. The event was joined by Mian Hamayun Pervaiz, President Rawalpindi Chamber of Commerce and Industry, as a chief guest. While media persons, representatives of Paints, Coating, Adhesives, Sealants and other industries along with a large number of participants from both, local and international business community also joined the occasion.<more>
Axalta Coating Systems plans to double its production capacity in India
MUMBAI: Axalta Coating Systems, an American coatings supplier for the automobile industry, is planning to double its production capacity in India in a bid to wrest market share in original equipment manufacturers' segment, which is being dominated by Kansai Nerolac and Asian Paints. The $4.3-billion company is keen to increase its presence here at a time when the Indian automobile market is growing at a sluggish pace.
"We are adding an automotive OEM coatings development laboratory to double capacity at our plant in Savli, Gujarat, which will help us attain the target of increasing our sales numbers from the Asia Pacific region to 25% of our global sales within the next 5 years," Charles W. Shaver, chairman and CEO, Axalta Coating Systems, told ET. <more>
DuPont says weak agricultural markets contributed to sharp drop in third-quarter earnings
DOVER, Del. - DOVER, Del. (AP) - DuPont Co. said weak agricultural sales, a strong dollar and continued weakness in emerging markets contributed to a sharp decrease in third-quarter earnings.
"Amid the current challenging macro environment, our priority is to aggressively manage what is within our control, including taking a fresh look at DuPont's cost structure and capital allocation strategy to identify ways to further improve shareholder return," said interim Chairman and CEO Ed Breen. <more>
Research delivers insight into the powder coatings market that is expected to grow at CAGR of 7.2%, will reach $12.48 billion by 2020
Growing support for the use of powder coatings in comparison to conventional liquid paints by regulatory agencies such as EPA and REACH on account of negligible VOC emissions is expected to be a key driver for market growth.<more>
Learn to Paint at Colour Academy
KOCHI: Asian Paints, a leading paints manufacturer, has launched Colour Academy, 'a world class training institution to provide training to youth in the field of modern-age paint application techniques.'
Through this institution, the company aims to empower the applicants with the right set of skills to become employable as professional painting and decorating specialists in the paint industry, a release said here.
Asian Paints' Colour Academy also builds on the Government of India's 'Skill India' initiative of providing people with training to channelise them for proper job opportunities, the release said. The new 'Colour Academy' is located at Edapally at Asari Parambu Road.<more>
Insider Selling: James E. Devries Sells 5,400 Shares of Nordson Stock (NDSN)
Nordson (NASDAQ:NDSN) VP James E. Devries sold 5,400 shares of the firm's stock in a transaction that occurred on Thursday, October 15th. The stock was sold at an average price of $67.10, for a total transaction of $362,340.00. The sale was disclosed in a legal filing with the SEC <more>
AkzoNobel opens used coil coatings production line in Mexico Friday, 02 October
2015 AkzoNobel has opened a used production line for coil coatings at its facility in Garcia, Mexico. As well as doubling current capacity, the used line will also serve local coated steel manufacturers, including Ternium, Zincacero and Galvasid.<more>
NASA Offers Licenses to Patented Coatings Technology
WASHINGTON - NASA is unveiling a new opportunity for start-up companies to license patented NASA technology with no up-front payment. The Startup NASA initiative addresses two common problems start-ups face: raising capital and securing intellectual property rights.
Aimed at encouraging the growth of high-tech businesses and advancing American innovation, NASA's Technology Transfer Program within the Office of the Chief Technologist designed this initiative to allow start-up companies to choose from a diverse portfolio of more than 1,200 patented NASA technologies that include materials and coatings <more>
Production of Special Coating to Increase Efficiency of Solar Cells in Iran
Tehran, Iran | Posted on October 26th, 2015
Results of the experiments prove the increase in the efficiency of the produced cells. The solar cells can be used to produce electricity for industrial applications, including domestic appliance, automotive and aerospace after being mass produced.
In recent years, dye sensitized solar cells have become very important as the third generation of solar cells. The cheap equipment has very simple production technology and they are appropriate replacements for the expensive silicon cells. However, studies should still be carried out on increasing the efficiency of the new cells because they have low yield in the conversion of solar energy to electrical one. The aim of the research was to produce and study the performance of a type of coating to be used in dye sensitized solar cells.<more>
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