Paints, coatings groups complete merger

05 June 2008 23:16  [Source: ICIS news]

CHARLOTTE, North Carolina (ICIS news)--The National Paints & Coatings Association (NPCA) and the Federation of Societies for Coatings Technology (FSCT) have finalised their merger, NPCA's president said on Thursday.

The announcement was made during the close of the American Coatings Show.

The organisations were joined in a governance merger, with the FSCT taking the subsidiary role. "We are now two separate legal entities that are joined," said NPCA president J Andrew Doyle.

Doyle said the merger would provide organisational cost savings.

"But what we are really hoping for is revenue growth and an expansion of the programme," he said.

The American Coatings Show ended with roughly 5,600 visitors, not counting exhibitors and their staffs.

That figure is twice what was expected, organisers said.

"The overall concept of the ACS had a very positive outcome,” said Doyle. “We had a lot of support throughout the entire process, which ultimately resulted in a resounding success.

The NPCA is the show’s primary organiser.

Some attendees commented that they felt there were not as many visitors to ACS as there had been at previous International Coatings Expos (ICE), the coatings exposition that ACS replaced. But others felt that comparisons were unfair considering the consolidation and cost-cutting that has hit the coatings industry.

ACS will alternate every year with the European Coatings Show. The date and venue for the 2010 ACS have not been selected yet.

To discuss issues facing the chemical industry go to ICIS connect

By: Ivan Lerner
+1 713 525 2653

For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.

Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.

Printer Friendly