"Sustainability has become an important topic in the board rooms and R&D
strategy sessions of some the region’s leading paint and coatings
companies,” said Dr. Cheryl Martin, Rohm and Haas Company (NYSE:ROH)
Vice President and General Manager for the company’s Paint and Coatings
Materials business in Europe, the Middle East and Africa. "We’re already
seeing European paint and coatings industry stepping up to the mark –
with more companies bringing environmentally advanced products to market
every day,” she said in remarks to the IVP General Assembly (Industrie
des Peintures, Vernis, Encres d’Imprimerie et Couleurs d’Art) in
Brussels earlier today.
Dr Martin addressed three primary drivers behind this change, and
discussed why sustainability is not only good for the environment but
also good for business:
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She noted that what once were discrete trends, like global warming,
energy conservation, solvent reduction, dependence on oil and
increasing compliance regulations have converged and become clear.
Life supporting resources are declining even as consumption of these
resources is increasing.
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Consumers are more aware of the issues, she says, and increasingly
take these issues into consideration when they make a choice.
"Consumers today are looking for products that use less energy, or
pollute less,” says Martin. "They still expect great performance from
the products they buy – that’s a given – but they also look for
something more.”
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And, finally, there is increasing clarity about market need and
consumer demand that is enabling companies to focus on bringing new
technologies and products to market that meet growing consumer needs and
allow companies to make a reasonable profit in the process.
"The ability to offer products that are better for the environment is
now a central driver for successful business in the future. Innovation
alone is not enough to support sustainability,” said Dr Martin. "I
believe that the power of chemistry developed in partnership with other
innovative chemical companies will find the answer to a more sustainable
future, one step at a time,” she commented. "I am pleased to be part of
an industry that is finding ways to work in partnership with others, and
willing to drive the change that is needed. This, along with reliable
and supportive policy frameworks, will continue to be critical to the
success of this industry moving forward.”
About the IVP
Since its formation in 1947, the IVP has continuously developed its
activities and services to promote and reinforce the image of the
coatings market and their products in the region. The IVP is the only
acknowledged representative federation in Belgium of the manufacturers
and importers of paints and coatings, varnishes, printing inks and
decorative coatings, and has close relationships with other leading
industry organisations, research institutes such as CoRI, and
federations including CEPE.
About Rohm and Haas Company
Leading the way since 1909, Rohm and Haas is a global pioneer 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 industries including: Building and
Construction, Electronics and Electronic Devices, Household Goods and
Personal Care, Packaging and Paper, Transportation, Pharmaceutical and
Medical, Water, Food and Food Related, and Industrial Process. Our
innovative technologies and solutions help to improve life everyday,
around the world. Based in Philadelphia, PA, the company generated
annual sales of approximately $9.6 billion in 2008. Visit www.rohmhaas.com
for more information. imagine the possibilities™