Corro-Coat
Encyclopedia
Chemrez Technologies, Inc. is a manufacturer of powder coating
Powder coating
thumb|right|Aluminium extrusions being powder coatedPowder coating is a type of coating that is applied as a free-flowing, dry powder. The main difference between a conventional liquid paint and a powder coating is that the powder coating does not require a solvent to keep the binder and filler...

s based in the Philippines
Philippines
The Philippines , officially known as the Republic of the Philippines , is a country in Southeast Asia in the western Pacific Ocean. To its north across the Luzon Strait lies Taiwan. West across the South China Sea sits Vietnam...

. Listed on the Philippine Stock Exchange
Philippine Stock Exchange
The Philippine Stock Exchange is the national stock exchange of the Philippines. It is one of the oldest stock exchanges in Southeast Asia, having been in continuous operation since its inception in 1927...

since December 8, 2000. Member of the D&L Group of Companies.

On June 9, 2006, shareholders of Corro-Coat, Inc. approved the purchase of Chemrez, Inc. and its biodiesel project. Corro-Coat will conduct a public offering late in 2006 to raise funds for the transaction.

At the same meeting, shareholders also approved the change in company name to "Chemrez Technologies, Inc." to reflect the predominant contribution of the goodwill of the Chemrez name and its business units in the combined entity.
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