American Society for Testing and Materials (ASTM). Current edition approved May 15, 2005. Published July 2005. Originally approved in 1991. Last previous edition approved in 2003 as D 5201 – 03a. 6 p. This practice covers procedures commonly used in the paint industry to formulate paints and coating materials. It describes procedures for calculating formulation values for weight solids, volume solids, solvent content, volatile organic compound (VOC) content, hazardous air pollutant (HAP) content, and density of liquid paints and coatings. These values are calculated from basic formulation data. These calculations may be related to either as-supplied (unreduced) or as-applied (reduced) coating materials, including multicomponent types.