Coatings market dynamic inventory (April)

List of untrustworthy paint companies announced in the first quarter of 2016

For the development of enterprises, "integrity first".
Many coating companies regard integrity as the slogan for corporate development.
However, there are still many problems in the specific development process.
When integrity meets benefits, many coating companies take profit as the slogan.
First, integrity has been completely ignored, which is also an important reason why many domestic coating companies are unable to enter the international market.
Recently, the reporter learned from the official website of the Supreme People's Court of the People's Republic of China that there were 32 untrustworthy coating companies notified in the first quarter of 2016.

Entreprise's news:

Akzo Nobel China's largest decorative paint production base puts into operation in Chengdu

On April 29, 2016, Akzo Nobel's fourth and largest decorative paint production base in China was officially put into operation.
The new production base located in Chengdu is an important milestone for Akzo Nobel to develop into the western China market.
At present, Akzo Nobel is investing more than 360 million yuan to build a powder coating and decorative paint production base, and this new production base is one of them.

Yu Sanxia A released its 2015 annual report: operating income reached 648 million yuan

On April 28, 2016, Chongqing Three Gorges Paint Co.
, Ltd.
(000565) released its 2015 annual report.
The report showed that Chongqing Three Gorges Paint Co.
, Ltd.
achieved operating income of 648 million yuan in 2015 (paint and coating products realized operating income of 463 million yuan, Other chemical products realized operating income of 185 million yuan) and realized net profit of 145 million yuan attributable to shareholders of listed companies.

Oriental Yuhong released its 2015 annual report: revenue increased by 5.
95% to 5.
3 billion yuan

On April 23, 2016, Beijing Oriental Yuhong Waterproof Technology Co.
, Ltd.
(stock code: 002271 major accounting data and financial indicators) released its 2015 annual report.
The report showed that Oriental Yuhong achieved operating income of 5.
3 billion yuan in 2015.
This was an increase of 5.
95% over the same period of the previous year, and the net profit attributable to shareholders of listed companies reached 730 million yuan, a year-on-year increase of 26.
57%.

China Resources Paint's implementation of intellectual property strategy, anti-counterfeiting and rights protection, has been recognized by the society again

On the eve of "4.
26 World Intellectual Property Day" in 2016, Guangdong China Resources Coatings Group worked closely with partners in key markets across the country, assisting local public security, industry and commerce, quality supervision and other law enforcement agencies to conduct suspected violations of the "China Resources Coatings" brand intellectual property rights.
Focus on combat.

COSCO Kansai CAP Nuclear Power Plant Protective Coating Series Product Appraisal Meeting Held in Tianjin

Tianjin, China-On the morning of April 28, the appraisal meeting of "CAP Protective Coating Series Products for Nuclear Power Plants" sponsored by China Nuclear Energy Industry Association, undertaken by COSCO Kansai Coatings & Chemicals (Tianjin) Co.
, Ltd.
, and co-organized by Shanghai Nuclear Engineering Research and Design Institute was grandly held in Tianjin Convened.
Well-known media in the industry, such as HC.
com, China Nuclear Power, and China Coatings, also participated in the event, and HC.
com conducted a micro-live broadcast of the conference.

Bestune Paint released its 2015 annual report: revenue of 240 million yuan, a year-on-year decrease of 15.
8%

Shandong Bestune Paint Industry Co.
, Ltd.
(832488) released its 2015 annual report on April 27.
According to the report, Shandong Bestune Paint Industry achieved operating income of 243,133,727.
76 yuan in 2015, a year-on-year increase of -15.
8%; realized net profit of 24,887,534.
98 yuan, a year-on-year increase of 3.
23%; during the reporting period, Bestune Paint Industry strengthened cost control, safety management and internal control management The implementation of the system has resulted in significant production cost control.
In the face of shrinking demand for coating products, it still maintains a stable profitability, and safety production continues to be stable.

PPG Industries' first-quarter profit of $347 million

U.
S.
local time on April 21, American paint and coatings manufacturer PPG Industries Inc (NYSE: PPG) released a financial report showing that the company's first-quarter profit was $347 million, or $1.
29 per share.
After adjusting for asset impairment losses and non-recurring costs, earnings per share were $1.
31, better than Wall Street's estimate of $1.
30.
The company’s current operating income was US$3.
67 billion, which was less than Wall Street’s forecast of US$3.
68 billion.
Year-to-date, the stock's share price has risen 17%, while the S&P 500 index has risen nearly 3% over the same period, and it has risen 2% in the past 12 months.

Sherwin-Williams Coatings Q1 net profit was US$147.
1 million, a year-on-year increase of 12%

On the evening of April 21, Beijing time, Sherwin-Williams Co.
announced its financial report that the company’s first-quarter profit increased by 12% year-on-year, mainly due to the strong growth in sales that pushed it to achieve better-than-expected sales.
Revenue growth.
According to the report, Sherwin-Williams Coatings' first-quarter net revenue was US$2.
57 billion, a year-on-year increase of 5.
1%; net profit was US$147.
1 million, and earnings per share were US$1.
57, which were higher than the US$131.
4 million and 1.
38 cents in the same period last year.
  

Akzo Nobel Announces 2016 First Quarter Results: Earnings Before Interest and Taxes Increased by 9% 

Akzo Nobel released its 2016 first quarter results on the 21st.
Despite the challenging market environment, the company's three major business areas have achieved an increase in sales.
Operating income reached 357 million euros, an increase of 17%; profit before interest and taxes was 334 million euros, an increase of 9%, thanks to continuous performance improvement measures and cost reductions, but the adverse effects of exchange rates offset part of the growth.
Due to unfavorable exchange rates, prices and comprehensive factors, as well as the impact of business divestiture, sales fell by 4% compared with the same period last year.
Profits have risen steadily, and the return on sales has increased from 8.
5% last year to 9.
7%.

Leading the new technology of painting, Jiabaoli's water-based electrostatic spraying doubles the utilization rate of paint 

"The cost issue is the biggest obstacle to the painting of water-based furniture.
After the advent of the Garboli water-based electrostatic spraying technology, it has not only doubled the utilization rate of the paint, it has increased from 40% to 80%, which effectively solves the problem of painting.
Cost problems have also led to the further upgrade of furniture painting.
" On April 6, at the "Furniture Water-based Electrostatic Spraying Technology Development Forum" held in Jiangmen, Guangdong, Zhu Yanan, general manager of Jiabaoli's water-based direct sales department, solemnly stated.
On the same day, more than 50 experts and business representatives from the furniture and coatings industry visited the water-based electrostatic spraying line and had a lively discussion on the technology.
They expressed great confidence in the technical development and coating upgrade of water-based paint.

Axalta Coating Systems Releases 2016 Global Automotive Color Trend Forecast 

On April 7th, Axalta Coating Systems released the 2016 global automotive color trend forecast at the annual color exhibition with the theme of "2016 Color Vane" to help Chinese car manufacturers to keep abreast of China and global consumption in a timely manner A new preference for car colors due to changes in life>Axalta’s color trend forecast includes four major color themes: charming country, pop zone, introverted tranquility, and virtual age, which will lead the new demand for automotive color in 2016, and each theme color is closely related to the structure and model of the car.
Can fully reflect the life>

Waco Art Texture Wall Membrane Grand Opening of Shanxi Changzhi Flagship Store 

2016 is the first year of the "13th Five-Year Plan" and a critical period for the rapid development of China's art coatings.
Waco Paints increased by 23% in 2015, of which the artistic texture wall membrane increased by 200%, leading the frenzy of China's artistic texture wall membrane growth.
On April 1st, Waco went to another city, Shanxi Changzhi Waco Art Texture Wall Membrane Flagship Store held a grand opening ceremony.
Participating in the opening ceremony are Liu Ming, Chairman of Waco Paint, Wang Kuanyou, Deputy General Manager, Li Haijiang, Marketing Director, Jiang Rongjun, Sales Director, Zheng Xing, General Agent of Waco Art Texture Wall Membrane Changzhi, and the person in charge of Wanbo Decoration City.
, The news media attended together.
(Source: Global Coatings Network) (For more information, please log in: Global Coatings Network http:// )