Industry News

Rohm and Haas Vice President Alan E. Barton Speaks on Lehman Brothers Conference Call

Published on 2006-08-09. Author : SpecialChem

PHILADELPHIA, PA -- Alan E. Barton, Rohm and Haas Company (NYSE:ROH) Vice President and Business Group Executive - Coatings, spoke during a Lehman Brothers Investor Conference Call, and told the attendees that the company's Coatings business continues to target organic growth in excess of global market rates, driven by substantial opportunities in the emerging markets of Asia, Eastern Europe and Turkey, along with the ongoing development of innovative technologies that meet the evolving needs of the decorative paint, paper, industrial coatings and building products markets.

"North America and Western Europe have the highest penetration of water borne technology in the Coatings market, much of it a result of our leadership in acrylic technology for more than 50 years." said Barton. "At the same time, there is conversion occurring at greater rates in the rest of the world," he said, "particularly in parts of Asia, such as China and India, areas where the company has seen strong growth for its Coatings products and is investing heavily, including a state-of-the-art Research, Technical and Innovation Center in Shanghai, China, scheduled to open shortly." Barton estimated that the company ships its intermediate products for the architectural coatings industry into 94 countries, and serves as the industry leader in acrylic innovation and technology. "Our acrylic technology and products literally span the globe, a hallmark of our leadership in this exciting field," he said.

"Rohm and Haas Company is also a leader in changing customer expectations for higher performing and more environmentally appealing products, and the company has played a key role in influencing consumer preferences for paint through innovative marketing," Barton said. "Our global footprint enables us to provide local products and resources for diverse markets around the world, and our operating discipline provides a platform for both consistent quality and efficiencies in our operations."

During the presentation, Barton highlighted a series of innovative technologies the company is delivering to the marketplace, including low-VOC polymers for the paint market; next-generation polymeric coatings for roofing, particularly its energy efficient Coolroof ™ product; Fastrack™ traffic paints that are gaining continued acceptance as the preferred product for highway applications; Aquaset™ binders for replacement of formaldehyde in the production of insulation; and Avanse™, a new platform that provides key performance advantages in both decorative paints and maintenance coatings.

Barton noted that technology leadership will continue to be a hallmark of the Coatings business at Rohm and Haas Company, and that the Company's approach to innovation has evolved with the changing needs of markets around the world. "We have a long history of innovation and technology leadership," he said, "And a strong track record of continually moving the performance standards for paints and other end-use markets. As we continue to grow in established markets and increase our presence in emerging markets around the world, we will draw on our legacy of innovation while ensuring that we deliver products and services that are geared to local market needs."

About Rohm and Haas Company

Rohm and Haas is a global leader in the creation and development of innovative technologies and solutions for the specialty materials industry. The company's technologies are found in a wide range of markets including: Building and Construction, Electronics, Industrial Process, Packaging, Transportation, Household and Personal Care, Water, Food and Retail and Paper. Its technologies and solutions help to improve life every day, around the world. Based in Philadelphia, Pa, the company generated annual sales of approximately $8 billion in 2005.

Source: Rohm and Haas

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