After Cytec Co.,Ltd. purchasing UCB Special Surface Technologies Co.,Ltd., several consolidation affairs came out in international coatings industry. For instance, Degussa purchased ADDID surface additives of Wacker, Morwear was purchased and Henkel purchased Sovereign Special Chemicals Co.,Ltd.

    In view of the developing history of multinational coating corporations, it is composed by continuing consolidations one after another. The biggest coating magnate nowadays, Akzo Nobel, is combined by Akzo (Holand) and Nobel (Sweden). In recent years, DuPond purchasing Herberts, PPG purchasing ICI automobile coatings and Akzo Nobel and Rohm & Haas purchasing Fero powder coatings, all these affairs have changed the old structure of this industry to a large extent. This year, Eastman selling CASPI and Sherwin-Williams purchasing Duron also attracted people’s attention. After continuous consolidation and recombination, the power of large corporations in America, Europe and Japan becomes stronger and stronger, which results the higher industrial centralization in these regions. The statistics showed that the top 10 coating corporations in America produce more than 70% coatings of the total output. Similarly, the top 10 coating corporations in the world produce 1/3 coatings of the worldwide output and take up 60% of the market.

    There are thousands of coating corporations in our country, while most of them are mediate and small scale corporations. In addition, serious energy waste, out-of-order competition and low level repetition baffle the growth of our coating industry. However, along with the globalization, the multinational coating corporations entered our country one after another, which impact our domestic corporations dramatically. Therefore, it is necessary to recombine our corporations.

    The corporations should grasp this chance and restate the resource designedly. They could gain various resources through combination, purchase, sale or replacement. They can also strengthen their comprehensive competition ability by cooperation effect.

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