Industrial and Powder Coatings

Revenue was up 5 percent, due to favorable currencies offsetting adverse volumes and price/mix. Metal Coatings volumes were flat, as growth in the packaging segment was offset by declines in the Asia and Europe coil segment. Packaging Coatings grew across all regions. A weak start to the year for construction in China resulted in lower volume for Powder Coatings, mitigated by growth in North America and Europe. Wood Coatings grew in Europe, but declined in the other regions.