Growth rates in emerging economies are not as miraculous as they used to be. Nothing new, it’s all over town. Almost all BRIC countries are struggling. Lately, even China made it on that list. This week two stories came as blow, which more or less are linked to these developments. Henkel cuts 1,200 jobs in its adhesives business and DuPont’s CEO Ellen Kullman retires.
VW rigged the exhaust emissions. It’s all over the media. The company’s shares are in freefall, the chairman had to resign and there are reports of possible lawsuits in the billions. But what does all this fuss mean for the coatings industry? I don’t believe it will suffer all that much.
I haven’t heard anything significant on nanotechnology lately. Neither in the news nor in publications. Probably because there have been so many other topics to be discussed. Remember the times when TV programs or consumer magazines reported on nanoparticles in suntan lotion or cosmetics? We learned that due to negative public opinion towards nanotechnology, companies stopped or reduced research and development in this area, or changed obvious brand names, thereby omitting the word "nano”.
Recently I prepared a conference program dealing with the topic "additives for modern coatings”. I talked to different experts from additive producing companies. Some told me that multi-functional additives are a clear trend, others reported that their customers don´t want these kind of additives. Those customers rather want freedom and flexibility.
I had to smile a little when I read the latest news on automotive colour trends from BASF: "blue colours are gaining ground” was one of the key messages. My car – a VW Golf IV – was built in 2002 and is (you may already guess) blue. A very nice blue.
Facing time-efficient consumers who are looking for a convenient purchase channel, e-commerce has witnessed an incredible development. Books, music, movies and electronic devices: almost everything can be bought online. But what about paint? Is there a potential to seize the online channel to boost paint sales?
7 August 2015 10:37:00 | Posted by: Vanessa Bauersachs, European Coatings Journal Rocky road to REACH
REACH seems to be an ever-present buzzword in the field of paints and coatings. Even though the regulation is in its transition phase until June 2018, the REACH Helpdesk suggests that companies start their preparations now, especially SMEs. That the road to REACH remains rocky is also shown by a recent study.
Adopting renewable innovations is often a challenging task and current percentage ratios of sustainable components remain quite low. So what about a totally bio-based and fully controllable deposition process for the formation of biological coatings? How does that sound to you?
It’s that time of year again for listing the top coatings manufacturers in various regions. Such rankings are usually based on annual sales. By that measure, PPG has snatched top place away from Akzo Nobel to become the world’s largest paints and coatings manufacturer with sales worth 13.15 billion euros in 2014. For its part, Akzo Nobel posted sales of 9.6 billion euros in the same year. Six other European companies are also to be found among the world’s top 20.