Ecuador. The multinational Sherwin Williams bought 100% of the share package of Pinturas Condor, as confirmed by company officials to INPRA LATINA, who assured that until November a formal statement will not be made by both parties to confirm the fact. However, the transaction was already reported to the Guayaquil Stock Exchange on October 19 through a statement (essential fact).
Pinturas Cóndor is a leader in the Ecuadorian paint market, where it manufactures and markets products for the decorative, industrial and automotive lines. Until now, Sherwin Williams was present in the market of that Andean country through Fanapisa, a company that since 1962 has a license to produce in the architectural line. Photo: Universo.com
Guatemala. With an investment of US$1.5 million, the paint company Celco de Guatemala S.A. expanded its production plant from 7,000 to 13,000 square meters, going from manufacturing 650,000 gallons to 2 million annually and generating about one hundred new jobs.
The expansion is intended for the development of the Celco, Gamacolor and Cecolor brands with machinery imported from the USA. In addition to housing three new storage warehouses of 1,500, 700 and 600 square meters. The old space would be used for the production of wood coatings.
Within the business expansion plans, Celco offers the opportunity to create its own business through franchises at an affordable price, according to Javier Castillo, general manager of the company. He added that by this year the company expects to open five stores, three of them under the franchise modality and another ten stores are projected for 2011.
International. The International Committee D01 of ASTM Paints approved a new standard in the application of anticorrosive treatment with zirconium, to achieve a suitable application that achieves the desired protection and without wasting product or money.
This standard, called "Test Method for Weight Determination of Zirconium Treatment" ASTM D7639, will use fluorescent X-ray instruments that will provide qualitative and quantitative data about the metals on which the treatment was applied, on the production line or in the quality control laboratory.
According to Christelle Petiot, coating product manager at Oxford Instruments Analytical, U.K., the standard teaches users the precision that can be achieved by following a simple procedure and using the right instruments. Now, the next step for the Committee will be to develop methods for the application of other treatments such as chromium and titanium.
United States. Fusion UV Systems and DVUV Holdings LLC, two of the industry's leading manufacturers of uv-cured coatings, announced they will team up to offer a system that will integrate powdered UV-cured coating chemistry and application technology.
According to David Harbourne, president of Fusion UV Systems, "what makes this alliance so strategically important is that both companies need each other to maximize the solutions offered to customers, who are looking for finishes that are friendly to the environment." Michael Knoblauch, President of DVUV Holdings, added: "UV cured coatings are the market segment with the highest growth rate in the global coatings industry."
The system promoted through this alliance will use Fusion's UV photocuring lamp technology and solvent-free powder coating chemistry and application technology from DVUV Holdings.
Colombia. Investments in infrastructure and construction, as well as the reactivation of the automotive industry, are the main factors that are stimulating the growth of the paints and coatings sector in Brazil and Colombia. This statement was derived from the forum "Perspectives of the paint industry in Latin America in a post-crisis scenario", which began the second day of Cubrecol Americas 2010.
Due to the good Brazilian government structure, business in the country presented an accelerated reactivation in 2010, most of the companies recovered and had greater efficiency after the crisis, according to Telma Florencio, administrative manager of Abrafati.
Eduardo Loaiza, manager of Camacol, Antioquia regional, explained that in Colombia the management of loans adjusted to the UVR, the generation of new families and consumer confidence have increased the purchase of homes and construction; However, he explained that every year there are 280,000 new homes in Colombia and only 140,000 houses are being built, so that a significant deficit is generated that harms the finances of construction companies and manufacturers of architectural paints.
As in Colombia, Brazil has a housing deficit, according to Telma, although the greater purchasing power of the lower strata has led to an increase in reforms, extensions and repainting of facades and homes, an aspect that stimulates the reactivation of the market.
At the beginning of 2010 Abrafati forecast an 8% growth for the paint industry in the year, however the Association considers that it will have to change this forecast, since this figure was exceeded.
Another aspect that has driven this reactivation is the increase in the sale of vehicles in Brazil, a country that ranks number seven in the world ranking of the largest car producers. Investment in infrastructure, as well as in sustainable projects and innovation set the trend in the paints and coatings sector.
The future in terms of the development of new products is based on the formulation of water-based coatings, mainly in the architectural segments, according to Max Jaramillo, president of Latin Press and director of the magazine INPRA LATINA.
Mexico. According to the National Statistical Directory of Economic Units (Denue) 2022, Manufacture of Paints, Coatings and Adhesives registered 708...
Argentina. Under the theme of the 140th Anniversary of Ushuaia, AkzoNobel and its paint brand Alba, within the framework of its global program "Come...