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International Coatings
Congress

8:30 - 17:30

 

International Exhibition
of Coatings
Industry Suppliers

11:00 - 20:00

International Coatings
Congress

8:30 - 17:30

 

International Exhibition
of Coatings
Industry Suppliers

11:00 - 20:00

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ABRAFATI 2017: ADDING VALUE TO THE COATINGS SUPPLY CHAIN

As the largest coatings industry event in Latin America and one of the most important of its kind around the world, ABRAFATI 2017 (Congress and Suppliers Exhibition) is going to bring together those businesses and professionals that are most representative of the supply chain. With the activities involved and the results it will deliver to participants, the trade show is going to contribute to adding value to the industry and its products, moving it forward and expanding the recognition of its importance by the consumer market and society alike.

Current and future demands from the coatings supply chain and users of their products will be under discussion, as innovations are introduced which will contribute to evolutionary leaps and enhance the perceived benefits of using paints and coatings.

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ABRAFATI – The Brazilian Coatings Manufacturers Association was created in 1985 by a group of coatings manufacturers in order to provide the industry with a modern and independent entity to act in all fields and situations in which a collective action by the coatings industry was needed.
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News

August 11, 2017

Scientific Committee Underscores High Technical Quality of Congress Papers

in EXPRESS

by Fabio Humberg

Program to comprise current themes of great relevance to industry’s future.

 

Consisting of experienced professionals with solid academic backgrounds, the Scientific Committee for the 15th International Coatings Congress has thoroughly reviewed a record amount of papers to select those which have been included in the program. They came out with a rather favorable assessment, suggesting that the bar will be very high from a technical standpoint, and that many innovative research projects will be on display.

A member of the Committee for many years, José Valdir Guindalini, technical director at Axalta Coating Systems, relates he has noticed a rising technological level in the papers submitted for each edition and highlights the continuous advancement on environment-related topics. “Also noticed is a concern about the durability of coatings, with developments that are capable of self-repairing when damaged,” he says. He also calls attention to the launch of innovative additives and new molecules for raw materials that enable formulations to achieve improved performance.

Equally enthused is Eder Dela Justina, head of Liquid Coatings Development at WEG Tintas. “Concerning the themes, what draws my attention is the effort to combine technology with sustainability. For example, several authors have submitted studies pertaining to water-based coatings or raw materials from renewable sources. We’re certainly going to have a high-level program, with professionals participating who have in-depth knowledge of the issues they’ll be addressing,” he points out.

August 09, 2017

2017 Half-Year Results: ALTANA Accelerates Growth Momentum

in RELEASE EXPOSITOR

by Fabio Humberg

  • Sales rise significantly by 9 percent to €1,160 million
  • EBITDA improved to €262 million
  • Growth forecast for 2017 confirmed

 

The specialty chemicals Group ALTANA recorded a pleasing increase in both sales and earnings in the first half of the 2017 fiscal year. Compared to the previous year’s period, sales saw a significant rise of 9 percent to €1,160 million. Adjusted for acquisition and divestment as well as exchange-rate effects, sales grew by 6 percent. At €262 million, ALTANA’s earnings before interest, taxes, depreciation and amortization (EBITDA) improved by around 5 percent. At 22.6 percent, the EBITDA margin was slightly lower than the previous year’s figure (23.4 percent).

“The ALTANA Group’s growth momentum in the first of half of 2017 was significantly stronger than in the first six months of the previous year. The key driver is the high demand for our innovative products. Furthermore, the acquisitions that were carried out in the past months and strengthen our divisions also contributed to this growth,” said Martin Babilas, CEO of ALTANA AG. “Our innovative ability coupled with our acquisition strategy and, not least, our financial strength, constitute a solid foundation for further sustainable and profitable growth.”

ALTANA confirms its forecast for the full-year 2017, still anticipating operating sales growth of 2 to 5 percent with slightly lower earnings profitability. While the recent acquisitions are expected to provide additional momentum for nominal growth, it remains difficult to predict the effects resulting from rather volatile exchange rate developments.

BYK, ECKART, and ELANTAS on an expansion course
With growth rates of between 5 and 15 percent, the BYK Additives & Instruments, ECKART Effect Pigments, and ELANTAS Electrical Insulation divisions were clearly on an expansion course in the first half of 2017. The strongest growth was achieved by BYK, with an increase in sales of 15 percent in nominal terms to €540 million. The division’s growth was considerably accelerated by the acquisitions of Addcomp in July 2016 and PolyAd Services in March 2017. BYK’s operating sales growth, i.e. sales growth adjusted for acquisition and divestment as well as exchange-rate effects, was at 9 percent. ECKART posted growth of 11 percent to €200 million. At 10 percent, the division’s operating growth was slightly lower. Both divisions benefitted, in particular, from the strong demand from the Chinese market.

The ELANTAS Electrical Insulation division, too, benefitted from the high demand from China and, in addition, from positive demand in Europe. Due to the higher volume, the division’s sales rose to €244 million, which represents a nominal increase of 5 percent on the previous year’s figure. Operating sales grew by 3 percent.

Sales in the ACTEGA Coatings & Sealants division in the first six months of 2017 amounted to €176 million, 3 percent down on the previous year’s figure. Adjusted for the impact of the sale of ACTEGA Colorchemie GmbH and its subsidiaries, ACTEGA’s sales were on a par with the previous year’s level.
Fastest pace of growth posted in Asia, particularly in China

The ALTANA Group generated its strongest sales growth in Asia, where sales rose by 15 percent to €372 million. In China, sales grew by as much as 23 percent to €198 million. Sales in the Americas increased by 10 percent to €325 million. In the U.S., sales were up by 13 percent to €229 million, mainly attributable to the acquisitions that were made in this region. Sales in Europe rose by 4 percent.

The ALTANA Group’s sales distribution according to regions continues to be balanced, with Europe accounting for 38 percent of total sales, Asia for 32 percent, and the Americas for 28 percent.

At the end of the first half of 2017, the ALTANA Group employed 6,139 people. As of June 30, 2016, the number of employees was 5,896.
About ALTANA: ALTANA is a global leader in true specialty chemicals. The Group offers innovative, environmentally compatible solutions for coating manufacturers, paint and plastics processors, the printing and packaging industries, the cosmetics sector and the electrical and electronics industry. The product range includes additives, special coatings and adhesives, effect pigments, sealants and compounds, impregnating resins and varnishes, and testing and measuring instruments. ALTANA's four divisions, BYK Additives & Instruments, ECKART Effect Pigments, ELANTAS Electrical Insulation, and ACTEGA Coatings & Sealants, all occupy a leading position in their target markets with respect to quality, product solution expertise, innovation and service.

Headquartered in Wesel, Germany, the ALTANA Group has 48 production facilities and more than 50 service and research laboratories worldwide. Throughout the Group about 6,000 people work to ensure the worldwide success of ALTANA. In 2016, ALTANA achieved sales of more than 2 billion euros. About 6 percent of sales are invested in research and development every year. Its high earning power and high growth rate make ALTANA one of the most innovative, fastest growing, and profitable chemical companies in the world.

July 27, 2017

Clariant continues to increase sales, improves profitability and remains…

in RELEASE EXPOSITOR

by Fabio Humberg

• Sales increased by 9 % in local currency to CHF 3.132 billion
• EBITDA before exceptional items rose significantly by 9 %
• EBITDA margin before exceptional items increased to 15.4 %
• Operating cash flow was CHF 116 million
• Net income grew by 20 % to CHF 153 million
• 2017 outlook confirmed


“Clariant delivered excellent top-line growth and further expansion in profitability in the first half of the year,” said CEO Hariolf Kottmann. “Our good business performance was primarily achieved by the recovery in Catalysis and the ongoing impact of the differentiated steering in Plastics & Coatings. For 2017, we are confident that we will achieve our targets, i.e. growth in local currency, progression in operating cash flow, absolute EBITDA and EBITDA margin before exceptional items in spite of a temporarily weaker cash flow in the first half.”

First Half 2017 – Significantly higher sales and continued improvement in absolute EBITDA

Muttenz, July 27, 2017 - Clariant, a world leader in specialty chemicals, today announced first half 2017 sales of CHF 3.132 billion compared to CHF 2.899 billion in 2016. This corresponds to 9 % growth in local currency driven by double-digit expansion in Catalysis and Natural Resources. Organic growth amounted to 5 %, driven by higher volumes.

Growth was most pronounced in Europe, Asia and North America. Sales in Europe rose by 8 % while the 11 % advance in Asia was supported by the strong sales development in China. Sales in North America increased by 14 %. Latin American sales were 3 % lower against a strong comparable base and also reflect the macroeconomic environment which remains challenging.

Care Chemicals and Catalysis both reported strong expansion. Sales in Care Chemicals rose by 8 % in local currency helped in particular by the Industrial Application business. Catalysis sales improved by 11 %, supported by organic growth of 6 %.

Natural Resources sales soared by 19 %, lifted mainly by the Kel-Tech and X-Chem acquisitions in North America in 2016. Underlying sales in Natural Resources improved likewise, driven by the solid growth in Functional Minerals. In Plastics & Coatings, sales grew by 4 % with continuing strong sales expansion in Additives as well as in China.

EBITDA before exceptional items increased by 9 % in Swiss francs and reached CHF 482 million, compared to CHF 444 million in the previous year. The absolute profitability improvement was mainly attributable to the positive developments in Catalysis and Plastics & Coatings.

The corresponding 15.4 % EBITDA margin before exceptional items increased due to the continued realisation of benefits from the differentiated steering in Plastics & Coatings and the improvement in Catalysis partly supported by the full consolidation of the Süd-Chemie India Pvt Ltd. joint venture.

Net income soared by 20 % in Swiss francs to CHF 153 million from CHF 128 million in the previous year. This expansion was supported by the improvement in absolute EBITDA before exceptional items as well as lower finance costs.

Operating cash flow decreased to CHF 116 million against a strong comparable base of CHF 208 million in the previous year. Good growth dynamics in June and the expected favourable demand in the coming quarters led to higher net working capital. This factor together with changes in other current assets and liabilities offset the positive influence of the EBITDA improvement.

Net debt increased slightly to CHF 1.584 billion from CHF 1.540 billion recorded at year-end 2016. This development reflects the usual seasonal increase seen in the first half of the year.

Second Quarter 2017 – Further progress in sales and profitability

In the second quarter of 2017, sales rose by 8 % in local currency to CHF 1.530 billion. Underlying sales growth excluding acquisition effects and the full consolidation of the Süd-Chemie India Pvt Ltd. joint venture was 4 % in local currency. This progress was driven by higher volumes.

On a regional level, sales growth was led by North America at 18 % in local currency. Excluding acquisitions, sales in North America developed slightly positively. In Asia, sales in local currency grew by 10 % with a continuing strong development in China. Sales in Europe grew by 5 % and in the Middle East & Africa by 16 % in local currency. Latin America was impacted by the weak economic environment and declined by 2 % against a strong comparable base.

Sales in Care Chemicals grew by 8 % in local currency driven by higher volumes. Catalysis sales grew by a strong 20 %, 11 % of which was organic. Natural Resources sales soared by 22 % with organic growth of 5 %. Plastics & Coatings improved by 1 % despite a strong comparable base as the robust Additives sales offset a flattish development in Pigments.

EBITDA before exceptional items rose by 8 % in Swiss francs to CHF 232 million primarily lifted by the strong contribution from Catalysis and Plastic & Coatings, which could more than offset the temporarily lower margins in Care Chemicals and Natural Resources. As a result, the EBITDA margin before exceptional items on Group level increased further to 15.2 % from 15.1 % in the previous year.

Outlook 2017 – Continued progression in profitability and operating cash flow generation

Clariant expects the uncertain environment, characterised by a high volatility in commodity prices, currencies as well as political uncertainties, to continue. In emerging markets, we anticipate the economic environment to remain challenging and volatile; we expect moderate growth in the United States, while growth in Europe is expected to remain stable.

For 2017, in spite of a continued challenging economic environment, Clariant is confident to be able to achieve growth in local currency, as well as progression in operating cash flow, absolute EBITDA and EBITDA margin before exceptional items.

Clariant confirms its mid-term target of reaching a position in the top tier of the specialty chemicals industry. This corresponds to an EBITDA margin before exceptional items in the range of 16 % to 19 % and a return on invested capital (ROIC) above the peer group average.

July 26, 2017

Registration to Visit Exhibition Now Released

in EXPRESS

by Fabio Humberg

Done online, the registration process is simple and fast.

Professionals interested in visiting the International Exhibition of Coatings Industry Suppliers can already register free of charge on the ABRAFATI 2017 website. All you need to do is fill in an online form with your information to gain access to the trade show that mobilizes the coatings supply chain, which is taking place on October 3 through 5 at a new venue.

Bringing together key domestic and global suppliers at more than 180 booths, the Exhibition will work as a great showcase from which to launch new products and innovations, with thousands of products, services, technologies, solutions and recent developments being introduced. With such a profile, it is going to give paint manufacturers the opportunity to find right there the resources and new ideas they need to improve their products and processes.

With a highly qualified public in attendance, consisting of business owners, executives and technicians, it is going to be a premium space for closing deals, networking, exchanging information, viewing trends, and discussing partnerships, all at the same time.

“The profile of both the Congress and the Exhibition, which are globally recognized for their quality and relevance, makes them indispensable for all of those engaged in the business of developing the industry and fulfilling the aspirations of paint buyers to take part,” says Telma Florêncio, director of Corporate Events at ABRAFATI.

July 23, 2017

BYK to build new integrated site in Shanghai

in RELEASE EXPOSITOR

by Fabio Humberg

BYK Additives & Instruments, one of the world’s leading suppliers in the field of additives and measuring instruments, yesterday held a groundbreaking ceremony for its new integrated site located in Shanghai Chemical Industry Park.

The company is investing over 30 million euros in the new site, which combines R&D, technical services, logistics, and administrative functions under one roof and forms the basis for the continued expansion of BYK's business operations in Greater China and the whole Asia-Pacific region.
The ceremony was attended by Jinhua Hou, Deputy Director of Shanghai Chemical Industry Park Administrative Commission; Gerd Judith, Managing Director BYK Additives & Instruments; Albert von Hebel, BYK’s Chief Financial Officer; and Dr. Dechun Fu, Managing Director BYK Greater China, as well as other distinguished guests.

"As a major step forward for our company, the construction of the integrated site in Shanghai is of strategic significance for the future long-term development of BYK and the ALTANA Group at large. This investment will ensure our long-term leadership in terms of R&D, customer services, manufacturing, and logistics capabilities, providing optimum products and services to our customers," says Dr. Fu Dechun, Managing Director BYK Greater China.

Gerd Judith draws particular attention to the planned application laboratories that will conform to BYK’s global standards: "We will be equipping the labs with advanced chemical synthesis equipment and precision analytical instruments and bolstering the local R&D team. We also plan to gradually introduce the latest technologies, customizing products to meet local customers’ needs".

The construction of the new site, which covers an area of over 50,000 square meters is scheduled to become operational in the second half of 2018.
BYK has recorded a healthy growth in recent years. The company has also enriched its polymer additives production lines through the acquisition of Addcomp Holland BV and PolyAd Services. In 2016, BYK's global sales reached 909 million euros, with double-digit growth in sales achieved in Greater China.

 

About BYK Additives & Instruments:
BYK Additives & Instruments is one of the world’s leading suppliers in the field of additives and measuring instruments. Additives are chemical substances which, when used in small quantities, improve product properties such as scratch resistance or surface gloss. Manufacturing processes are also optimized by the addition of additives.
The coatings, inks, and plastics industries are among the main consumers of BYK additives. Yet with the production of oil and gas, the manufacture of care products, the production of adhesives and sealants, and construction chemistry, too, BYK additives improve the product characteristics and production processes. Testing and measuring instruments from BYK can effectively evaluate the quality of color, gloss, and appearance as well as the physical properties of paint, plastic, and paper products and are an important part of quality control.
As a globally operating specialty chemicals company, BYK has production sites in Wesel, Kempen, Moosburg, Schkopau and Geretsried (Germany), Deventer, Denekamp and Nijverdal (Netherlands), Widnes (UK), Wallingford, Chester, Gonzales, Louisville, Rochester Hills, Earth City (USA) and Tongling (China).
Today the company employs around 2,100 people worldwide and forms part of the ALTANA Group.

July 17, 2017

Registrations to Watch the Congress Now Open

in EXPRESS

by Fabio Humberg

Event to have a broad, high-quality program with 90 lectures over three days.

You can now register to watch the 15th International Coatings Congress, which is taking place on October 3 through 5 in São Paulo as part of ABRAFATI 2017.

Featured lectures will be highlighting the latest of innovations that add value to coatings, from raw materials and formulation to technology applications, to performance enhancement, to functionalities and several other aspects.

Renowned experts from Brazil and abroad will be presenting their studies and research as part of a broad program comprising 90 lectures, three plenary conferences, seminars on radiation curing and on responsible consumption and use of solvents, and also dozens of papers at the Poster Session.

“The thorough assessment and selection process carried out by our Science Committee makes the Congress a unique opportunity to see in person the state of the art in research and development in the field of paints and coatings. Because it enables people to share knowledge and discuss innovative solutions, while being an important networking space, taking part in it certainly brings value to all professionals in the industry,” Telma Florêncio, director of Corporate Events at ABRAFATI, stresses.

In keeping with the concept of “early bird rate” which is standard practice for events all over the world, early registrations will be granted up to 20 percent off the full rate.

May 29, 2017

Ringier honors BYK with two innovation awards

in RELEASE EXPOSITOR

by Fabio Humberg

BYK is delighted to have received two accolades from China: Ringier Trade Media, the publisher of “Coatings and Inks China”, has recognized BYK in the categories “2017 Ringier Technology Innovation Awards - Coatings Industry” and “Innovators of the Year”. The public and jury, comprising seven experts from the Chinese coatings industry, was impressed by a new additive from BYK: BYK-3565, which positively affects the wetting and leveling of the subsequent coating layer in multilayer coatings, was voted the winner in the category “2017 Ringier Technology Innovation Awards - Coatings Industry” by a large majority.
The jury was equally impressed by the work of the international and interdisciplinary research teams, with the result that the researchers could look forward to a further award, that of “Innovators of the Year”.
“We are thrilled with this double distinction because it confirms that we are on the right path of successfully meeting the various demands and challenges of the coatings industry with state-of-the-art additive technology and new concepts,” Dr. Horst Sulzbach, BYK’s CTO, states.
BYK-3565 is the logical development of BYK-3560, a hydrophilic additive that is also based on macromer technology. The challenge consisted not only in increasing the surface energy unilaterally but also in visibly improving the coating’s anti-crater properties. “After numerous test runs, we were able to perfectly balance the hydrophilic and hydrophobic components of the additive, which was the key to success,” Dr. Guillaume Jaunky, Head of the Surface Technology Group at BYK, affirms.

About BYK Additives & Instruments:
BYK Additives & Instruments is one of the world’s leading suppliers in the field of additives and measuring instruments. Additives are chemical substances which, when used in small quantities, improve product properties such as scratch resistance or surface gloss. Manufacturing processes are also optimized by the addition of additives.
The coatings, inks and plastics industries are among the main consumers of BYK additives. Yet with the production of oil and gas, the manufacture of care products, the production of adhesives and sealants, and construction chemistry, too, BYK additives improve the product characteristics and production processes. Testing and measuring instruments from BYK can effectively evaluate the quality of color, gloss and appearance as well as the physical properties of paint, plastic and paper products and are an important part of quality control.
As a globally operating specialty chemicals company, BYK has production sites in Wesel, Kempen, Moosburg , Schkopau and Geretsried (Germany), Deventer, Denekamp and Nijverdal (Netherlands), Widnes (UK), Wallingford, Chester, Gonzales, Louisville and Rochester Hills (USA) as well as in Tongling (China).
Today the company employs around 2,100 people worldwide and forms part of the ALTANA Group.

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BRAZILIAN COATINGS
MANUFACTURERS ASSOCIATION
 
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1340 - Cj. 131 - Vila Olímpia
ZIP CODE 04548-004
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