Marine Coating Technologies News

Innovation and new technology continue to shape the marine coatings market. A narrowing field of global coatings manufacturers offer new products while improving existing ones to meet customer demand. Ultimately, customer demand, along with environmental compliance pressures are all driving the marine coatings industry as ship owners, operators and shipyards alike seek better products. Customer demands are often related to cost and efficiency. Costs – and the list is a long one – include not just product cost…

Nippon Paint Co., Ltd (NP) and International Coatings Ltd (IC), part of Akzo Nobel, have mutually agreed to terminate their association in marine coatings from the end of October 2004. During this association the parties have licensed their marine coating technologies to each other and have co-operated in the provision of support and services to customers. This has meant NP’s customers have been supported by IC outside Japan while IC’s customers have been supported by NP in Japan with marine coatings and services for newbuilding and maintenance contracts. The parties will continue to service customers under their existing arrangements until the end of October 2004. Transferred technology will remain available to both NP and IC after the ending of the association.