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American Paint & Coatings Journal back issues
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PPG to acquire ICI's German specialty coatings business.(PPG Industries, Imperial Chemical Industries)(Brief Article)
April 28, 1999... Pittsburgh -- PPG Industries has agreed to acquire the German-based original equipment specialty coatings business of Imperial Chemical Industries. Terms were not disclosed. The transaction, involving no fixed assets, is subject to approval of German authorities and expected to be completed...
BASF to expand coatings units.(Brief Article)
April 28, 1999... Ludwigshafen, Germany -- BASF AG plans to expand its coatings unit and may make acquisitions in North and South America, German daily newspaper Handelsblatt reported. BASF, which supplies carmakers such as Volkswagen AG, plans to further focus on coatings for the automotive industry and will...
Lyondell revises plan to cut debt.(Lyondell Chemical)(Brief Article)
April 28, 1999... Houston -- Lyondell Chemical Co. said it has revised a refinancing plan designed to reduce debt from its 1998 acquisition of Arco Chemical Co. The company plans to sell at least $2.25 billion in notes and 35 million shares of common stock during the current quarter. The proceeds would be used...
EPA OKs first training program for lead-based paint.
April 28, 1999... Chicago -- U.S. Environmental Protection Agency Region 5 recently approved the first federal lead-based paint training program in the nation. The Milwaukee Lead-Asbestos Information Center Inc. was given the go-ahead to provide courses for workers involved in lead hazard evaluation and...
BASF income up 43 percent in North America.(Brief Article)
April 28, 1999... Mount Olive, N.J. -- In 1998, BASF's income from operations in North America surged 43 percent and overall sales grew by more than 3 percent compared to 1997. Income reached $568 million in 1998, compared to $398 million in 1997. Sales were $7.2 billion for 1998, compared to $7 billion in...