Net income for the second quarter of 2012 was $1.9 million, vs. net income of $25.1 million in last year’s second quarter.

Of all the BRIC (Brazil, Russia, India, China) nations, China has the largest retail building construction market, projected to grow at a 13.33% compound annual growth rate (CAGR) over the next five years.

Charlie Sweet retired after Hexion purchased the business in 2006. Prior to his time with Akzo, Sweet worked at Reichhold Chemical.

MAPEI recently announced it has received the Tile Council of North America’s (TCNA) Green Squared certification for its first tile and stone installation product, Ultralite Mortar™.

Saudi Basic Industries Corp. (SABIC) and affiliates of ExxonMobil recently announced plans to construct a world-scale specialty elastomers facility at the Al-Jubail Petrochemical Co. (Kemya) manufacturing joint venture.

The third American Coatings Show & Conference, which took place May 8-10 in Indianapolis, IN, reportedly exceeded previous numbers for visitors, exhibitors, and net exhibit space.

Univar Inc. recently announced it has signed an agreement with OXEA to distribute its OXFILM 351 coalescing agent in Benelux, France, Italy, Spain, and the Nordic region.

Europeans are buying cars that are more efficient, according to new research. Average carbon dioxide emissions per kilometer continue to fall in Europe, according to data from the EEA.

The Adhesive and Sealant Council Inc. (ASC) recently announced four new members to its organization in the second three months of 2012.

RPM International Inc. recently announced that it has acquired Viapol Ltda., a leading Brazilian manufacturer and marketer of building materials and construction products.