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Entries for June 2010

16
M. Iannuzzi, C. Mendez, and L. Avila-Gray et al.
The use of corrosion-resistant alloys (CRA) has allowed oil and gas operations in environments where carbon and low-alloy steels would have otherwise corroded too quickly, increasing downtime and maintenance costs. However, CRA may suffer from localized corrosion in the form of pitting, crevice, an ... [Corrosion 66 045003 (2010)] published Thu Apr 01, 2010.

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Posted in: Corrosion
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16
MetoKote Corporation, a US-based provider of protective coating for machinery and equipment, opens its new regional coating center today, less than a year after announcing its expansion to Germany

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Posted in: Surface Finishing
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15
William Wulfsohn, senior vice president of industrial coatings at PPG, is leaving the Pittsburgh-based paint firm to become president and CEO of Carpenter Technology Corp. in Eastern Pennsylvania effective June 11. Carpenter Technology said Wulfsohn, who has been a member of the company's board of directors, would replace interim president and CEO Gregory Pratt. PPG has not named a replacement. Wulfsohn has been a senior vice president since 2005 and was responsible for the company’s automotive, industrial and packaging coatings businesses, PPG’s Asia/Pacific region and information technology. Wulfsohn joined the company in 2003 as vice president of coatings and managing director for PPG Europe. Carpenter is a producer and distributer of specialty alloys, including high temperature stainless steels, powder products, specialty tool and die steels, titanium alloys and super alloys. The company reported third quarter sales, for the period ended March 31, of $336.9 million. "Carpenter has maintained a strong financial and industry position over its 125 year history," Wulfsohn said in a written statement. "I am honored to be a part of this great company, and look forward to our exciting future; one in which we have the opportunity to grow our presence across the world and expand the breadth of our offerings to diverse industries."

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Posted in: Industry News
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14
RPM International's Performance Coatings Group has acquired Hummervoll Industribelegg AS, a supplier and installer of industrial flooring systems based in Bergen, Norway, with annual sales of more than $11 million. Hummervoll, founded in 1980 by Per Hummervoll, serves both onshore and offshore markets with its concrete- and epoxy-based flooring systems. Its onshore division primarily focuses on the food, manufacturing and chemical industries. The offshore division provides flooring solutions for oil platforms, barricade decks and emergency escape routes.

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Posted in: Surface Finishing
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11
Now called the ACS355 rather than ACS350, ABB has designed in additional features, to maximize the drive's effectiveness for machinery applications

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Posted in: Surface Finishing
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09
LINE-X® Protective Coatings, the nation's leading developer and provider of high performance protective coatings, is proud to introduce ASPART-XT U/V Protective Coatings

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Posted in: Surface Finishing
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07
BASF's proposed acquisition of Cognis is entering its final stages with a deal ‘agreed in principle,’ according to the newspaper Financial Times Deutschland (FTD). The main conditions of the deal and the price have been agreed, but no announcement is expected before the middle of this month. Permira and Goldman Sachs Capital Partners— Cognis’ co-owners—are looking for roughly €3.5 billion ($4.68 billion) for Cognis, including the company’s €2 billion of debt, FTD reported.

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Posted in: Surface Finishing
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07
BASF's proposed acquisition of Cognis is entering its final stages with a deal ‘agreed in principle,’ according to the newspaper Financial Times Deutschland (FTD). The main conditions of the deal and the price have been agreed, but no announcement is expected before the middle of this month. Permira and Goldman Sachs Capital Partners— Cognis’ co-owners—are looking for roughly €3.5 billion ($4.68 billion) for Cognis, including the company’s €2 billion of debt, FTD reported.

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Posted in: Industry News
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04
With TopFlex™, Optics Balzers now also offers a surface coating that repels dirt, liquids, and chemicals. The original idea of coating eyeglasses has thus been successfully transferred to other applications in the fields of medical technology, industry, and building construction

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Posted in: Surface Finishing
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04
AkzoNobel has officially completed its acquisition of the Dow Chemical's powder coatings business. The deal was first announced in November last year. Originally purchased by Dow in 2009 as part of its acquisition of Rohm and Haas, the business brings key technological know-how and synergy potential to AkzoNobel’s powder coatings activities. It will also enhance the company’s position in the US. The acquired business has global sales of several hundred million dollars and employs approximately 700 people, operating factories in the U.S., Europe and China. As well as complementing AkzoNobel’s position in key strategic markets—especially the U.S., automotive and trade coaters—the deal also introduces MDF and thermoplastic capabilities to AkzoNobel’s powder coatings portfolio.

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Posted in: Industry News
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