The 2016 "Global Paint One Brother" competition has been under control since the first quarter.

wen
/
coating
by
Xiaowu to the first quarter of the paint listed companies earnings intensive release period.
2015
, the top three global coatings were
PPG
, Xuanwei Coatings, AkzoNobel,
PPG
Industry
$15
.3 billion to continue to join the "Global Coatings One Brother", Xuanwei Coatings with
113 For the first time, $
.33 billion took AkzoNobel down as the "world's second-oldest", while AkzoNobel
99.62
billion euros ($
10,876
billion), excluding its professional chemicals business, was the third most injured.
the end of
2015
to the beginning of
2016, as the world's three major paint giants through a series of mergers and acquisitions, to enrich their main business at the same time, and constantly strengthen their own "short board", such as AkzoNobel's acquisition of BASF
industrial coatings
business, Xuanwei
93
billion acquisition of Weisberg, etc.
2016
"global paint brother" controversy suddenly filled with smoke, confusion, it can be said that this competition, from
in the first quarter of
2016 has begun.as of april

,
,
2016
22
, Xuanwei Coatings,
PPG
Industries, AkzoNobel "Global Chemical Giants" (small short for "
SPA
") have announced their first quarter
2016
financial results.

, April
,
, U.S.
PPG
Industrial Corporation released its first-quarter
2016
financial results.
PPG
Industrial Co.'s first-quarter revenue of $
3.67
billion fell short of Wall Street's expectations of $
3.68
billion, including earnings of $
347
billion, or $
129,
per share. Adjusted earnings per share, adjusted for impairment losses and non-recurring costs, were $
1.31,
, better than Wall Street's expectations of $
1.30
.
, 19
, AkzoNobel reported
first-quarter 2016
revenue of
3.43
billion euros ($
3.871
billion), down
4% year-on-year
of this total, operating income
357
billion euros, an increase of
17%
, earnings before interest and tax
334
billion euros, an increase of
9%
, and net income attributable to shareholders
24
billion euros, an increase of
50%
."Despite challenging market conditions, we achieved full sales growth in all business areas in the first quarter and improved profitability," said
Maëlys Castella
, chief financial officer of AkzoNobel. In particular, we announced the acquisition of BASF's industrial coatings division, which will strengthen our existing portfolio.
February
, 2016


17
, AkzoNobel announced the acquisition of BASF's industrial coatings business for
475
billion euros, a move that will further strengthen AkzoNobel's market leadership and strengthen its business.U.S.April
21
, the U.S. Xuanwei
Coatings Company
reported that Xuanwei Coatings
's net revenue for the first quarter of 2016
was
2.57 billion U.
S. dollars, up
5.1% YoY;
, net income was
147.1
billion, or $
1.57
per share. Xuanwei Coatings said first-quarter earnings rose
12
year-on-year, driven by stronger sales growth and better-than-expected revenue growth.Last month, Xuanwei Coatings announced the acquisition of rival
Valspar
for more than $
90.
billion in a deal that will strengthen Xuanwei's global coatings and
paint
businesses, accelerate expansion plans to Asia Pacific, Europe, the Middle East and Africa, and increase its production capacity in packaging and coils.Mr. Chris Connor
,
executive chairman of Xuanwei, said the merger would move Xuanwei from the world's third-largest paint company to the top of the world, ahead of industry leaders
PPG
Industries and AkzoNobel. "Wesberg is currently ranked fifth in the world for coatings.
2015, Xuanwei's combined revenue with
Weisberg was $
15.
6 billion, according todata, and after the acquisition, Xuanwei will overtake
PPG
Industries to become the world's largest paint manufacturer, with revenues of $
15
.3 billion in
2015
. The transaction is expected to close
the first quarter of
2017.