Luna Joins Hempel USA
Hempel USA hired Jose Luna as its new Regional Marketing Manager for the Americas. Luna has more than 13 years of experience in the paint industry, experience gained at AkzoNobel/ International Paint and ex former ICI/Devoe Coatings where he worked in several countries and roles. He has a broad range of experience, from technical service, sales, engineering and strategic marketing. Luna started his career in Panama as a Technical Service Representative, and then moved to London to be a WW Marketing Representative and was promoted after a year to become the Information Systems Manager WW Protective coatings. After two years in that position…
Hempel to Increase Prices 5 to 15%
The sharply increasing raw material costs and their influence on the global economy now forces Hempel to react. The oil price has been increasing and is currently at a record high. The majority of raw materials used in the paint industry are oil related. Paint raw materials such as epoxy resins have, over the past months, increased markedly, some even as much as 30%. Due to the general positive trend in the world economy, the price of metal is also under pressure, in particular Zinc and Copper. These metals constitute a major part of the cost of many protective and marine coatings. Apart from the raw material cost increases the paint industry is faced with increasing demands from both federal and local authorities regarding raw material testing and registrations.
