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Mica is used in the paints and coatings industry as a component that extends the shelf life of pigments. It also brightens the intensity of colored pigments. Mica acts as a reinforcing pigment to reduce cracking, peeling and checking in the dry film and prevents shrinkage and sheering of the paint. When a paint starts to fall, mica holds it together sufficiently to keep it away from cissing, curtaining and prevents microscopic ruptures in the pai...
PITTSBURGH, March 9, 2017 – PPG (NYSE:PPG) today confirmed that it made an attractive and comprehensive proposal to Akzo Nobel N.V. (AKZA.AS; AKZOY) on March 2, 2017, inviting AkzoNobel to enter into negotiations with PPG on a potential transaction to form a combined company, which AkzoNobel rejected.PPG continues to believe there is a strong strategic rationale for the proposed transaction between PPG and AkzoNobel and will carefully evaluate an...