Author: Admin

Mergers&Acquisitions, News&Communıty

Arkema finalizes the acquisition of its 54% stake in PI Advanced Materials

Arkema finalized on 1December 2023 the acquisition of Glenwood Private Equity’s 54% stake in the listed South Korean company PI Advanced Materials (PIAM). This acquisition complements Arkema’s portfolio of high-performance technologies for the high-growth markets of advanced electronics and electric mobility. With more than 30% market share, PIAM, based in South Korea, is the global leader of polyimide films used in the high-growth and high … Continue reading Arkema finalizes the acquisition of its 54% stake in PI Advanced Materials

Unknown's avatarAdminLeave a comment
Capacity Expansion, Industry News, News&Communıty

Covestro to strengthen sustainability and competitiveness of TDI production

With an annual capacity of 300,000 metric tons, Covestro has the largest TDI production plant in Europe in Dormagen. At the same time, it is considered one of the most modern TDI plants in the world. To further strengthen the sustainability and competitiveness of TDI (toluene diisocyanate) production for the manufacture of flexible foams in Europe, Covestro is investing a mid to high double-digit million … Continue reading Covestro to strengthen sustainability and competitiveness of TDI production

Unknown's avatarAdminLeave a comment
Capacity Expansion, Industry News, News&Communıty

BASF to increase defoamer capacity at its Dilovasi plant in Turkey

BASF, a global leader in the supply of additives to the coatings industry, has announced the expansion of defoamer capacity at its Dilovasi plant in Turkey. The new production line increases the company’s capacity on site, allowing a better response to rising demand for high-performance Foamaster® and Foamstar® products in South-East Europe, the Middle East and Africa. By increasing its production capacity significantly, BASF will improve its … Continue reading BASF to increase defoamer capacity at its Dilovasi plant in Turkey

Unknown's avatarAdminLeave a comment
biobased, New Products, News&Communıty, Raw Materials, Raw Materials

Covestro to offer a new aqueous and partially bio-based PU dispersion (34% bio-based)

Covestro offers a new aqueous and partially bio-based PU dispersion under the name Impranil® CQ DLU, which can be used to produce, among other things, trims for car interiors. © Covestro Climate protection requires the industry to gradually move away from petroleum and other fossil raw materials and instead use raw materials from renewable sources. That’s why Covestro is increasingly relying on alternative raw materials, … Continue reading Covestro to offer a new aqueous and partially bio-based PU dispersion (34% bio-based)

Unknown's avatarAdminLeave a comment
Architectural and Decorative Coatings, News&Communıty, Science News, Technologies

Researchers to develop self-cooling paint

July 2023 was the hottest month globally in recorded human history. Extreme heat waves not only threaten human health, but also create tremendous stress on our infrastructure such as power grids and outdoor equipment. There’s a growing need for affordable, energy-efficient ways to stay cool — and now researchers at SRI have developed a self-cooling, water-based paint that provides the ultimate in energy efficiency: It … Continue reading Researchers to develop self-cooling paint

Unknown's avatarAdminLeave a comment
Industry News, News&Communıty

AkzoNobel to invest in coatings technology to support beverage can industry transition

The beverage can industry’s ongoing efforts to move to products free from materials of concern are being boosted by the launch of next generation coatings technology from AkzoNobel – while a new production plant is also being constructed in Spain.  The company’s Packaging Coatings business has just launched the first two products in its new AccelstyleTM range. Designed for the exterior of conventional two-piece aluminum beverage cans, … Continue reading AkzoNobel to invest in coatings technology to support beverage can industry transition

Unknown's avatarAdminLeave a comment
Capacity Expansion, Industry News, News&Communıty

Evonik to build first plant in North America for ultra-pure colloidal silica  

Evonik, one of the world’s leading specialty chemicals companies, is building a new plant to produce ultra-high purity colloidal silica at its site in Weston, Michigan, USA which is expected to generate a total capital spending of $7.9 million in 2023 and 2024. Evonik, one of the world’s leading specialty chemicals companies, is building a new plant to produce ultra-high purity colloidal silica at its … Continue reading Evonik to build first plant in North America for ultra-pure colloidal silica  

Unknown's avatarAdminLeave a comment
New Products, News&Communıty, Powder Coatings, Raw Materials, Technologies

Rianlon to Showcase Weathering Products for Waterborne and Powder Coatings at CHINACOAT2023

As a leading figure in the coatings industry, Rianlon offers a full range of anti-aging products and solutions. Beyond excelling in anti-aging technology, the company has embraced the challenge of developing eco-friendly solutions to meet market demands. At CHINACOAT 2023, Rianlon presents customers with a comprehensive lineup of anti-aging additives and solutions, encompassing UV absorbers, Hindered Amine Light Stabilizers (HALS), antioxidants, and customized blend formulations for the coatings industry. Aligned with the industry’s … Continue reading Rianlon to Showcase Weathering Products for Waterborne and Powder Coatings at CHINACOAT2023

Unknown's avatarAdminLeave a comment
Architectural and Decorative Coatings, New Products, News&Communıty, Powder Coatings, Raw Materials, Technologies, UV/EB Coatings

Arkema to showcase innovative and sustainable solutions at Chinacoat 2023

New sustainable offers For this 2023 Chinacoat edition, Arkema will showcase its new sustainable offers for the industry, providing answers to emerging markets like home efficiency, more circular housing, community well-being, decarbonization of the built environment and more. Guided by the Group’s sustainable development strategy, Coating Solutions segment is focused on accelerating the transformation of the coating sector through four major aspects: phase out of hazardous … Continue reading Arkema to showcase innovative and sustainable solutions at Chinacoat 2023

Unknown's avatarAdminLeave a comment
Industrial Coatings, New Products, News&Communıty, Powder Coatings, Raw Materials, Technologies

Clariant to showcase new portfolio of industrial coatings and PTFE-free additives at ChinaCoat 2023

ChinaCoat 2023 in Shanghai sets the stage for Clariant to showcase its latest solutions dedicated to more sustainable and effective formulations and coating applications that help safeguard public health and the environment. New portfolio of wetting and dispersing agents for industrial coatings applications The coatings industry continues to grow strongly in China, experiencing a strong recovery in the aftermath of the pandemic. This growth is … Continue reading Clariant to showcase new portfolio of industrial coatings and PTFE-free additives at ChinaCoat 2023

Unknown's avatarAdminLeave a comment
Industry News, Innovation Center, News&Communıty, Product Awards

Sherwin-Williams to Win Notable Vaaler Award for CUI-Mitigation Coatings

The new line of Heat-Flex® CUI-mitigation coatings from Sherwin-Williams Protective & Marine has earned a prestigious Vaaler Award from Chemical Processing for its ability to mitigate the dangerous condition of corrosion under insulation (CUI). The Vaaler Awards honor products and services that offer dramatic improvements for chemical plant operations. Among all currently available coating formulations, Heat-Flex® ACE (Advanced CUI Epoxy) performs the best at mitigating CUI in a variety of tests. The ultra-high-solids epoxy … Continue reading Sherwin-Williams to Win Notable Vaaler Award for CUI-Mitigation Coatings

Unknown's avatarAdminLeave a comment
Capacity Expansion, News&Communıty

Asian Paints to increase Khandala Plant Capacity to 400,000 kiloliters Per Annum

Asian Paints Ltd. has increased the production capacity at its Khandala plant in Maharashtra to 4 lakh kiloliters per annum in order to meet the medium-term capacity requirements. It has invested Rs 385 crore towards increasing the installed capacity, and the amount has been funded through internal accruals, the paint manufacturer said in its exchange filing on Monday. The plant at Khandala had an installed … Continue reading Asian Paints to increase Khandala Plant Capacity to 400,000 kiloliters Per Annum

Unknown's avatarAdminLeave a comment
Mergers&Acquisitions, News&Communıty

Nippon Paint Holdings acquires 75% stake in Kazakhstan-based firm

Nippon Paint Holdings Co., Ltd. (“NPHD”) is announcing that they have decided to acquire 75 percent of the share capital of Alina Group LLP (“Alina”), a Kazakhstan-based manufacturer and seller of dry-mix mortars, paint and coatings, etc., through their consolidated subsidiary Nippon Paint Holdings SG Pte. Ltd. (“NPHDSG”) (the “Acquisition”). They have entered into a share purchase agreement (the “Share Purchase Agreement”). Concurrently with the … Continue reading Nippon Paint Holdings acquires 75% stake in Kazakhstan-based firm

Unknown's avatarAdminLeave a comment
Finished Products, New Products, News&Communıty

AkzoNobel to launch pioneering low-energy powder coating

An industry-first architectural powder coating which can be cured at temperatures as low as 150◦C – while still being Qualicoat class one certified – has been launched by AkzoNobel.  Curing at temperatures 30°C lower than traditional powder coatings means that Interpon D1036 Low-E can help customers cut energy consumption by as much as 20%. It can also cure up to 25% faster than conventional powders, allowing … Continue reading AkzoNobel to launch pioneering low-energy powder coating

Unknown's avatarAdminLeave a comment
New Products, News&Communıty, Raw Materials

A new additive for early rain resistance and long-lasting protection of exterior wall paint

With the new additive TEGO® Guard 9000 from Evonik Coating Additives, it is possible to protect building facades from the moment of application. While the formulation of exterior paints may differ around the world, the challenge of protecting buildings from environmental impact seems universal. With the new additive TEGO® Guard 9000 from Evonik Coating Additives, it is possible to protect building facades from the moment … Continue reading A new additive for early rain resistance and long-lasting protection of exterior wall paint

Unknown's avatarAdminLeave a comment
Finished Products, Industry News, New Products, News&Communıty

Sun Chemical to Launch Portfolio of Biocide-Free Xfast® Dry Stir-In Colorants

Known for its high purity and excellent quality, Xfast products already provide an established standard for paints with eco-label requirements. Optimized for the waterborne systems of eco-label proof coatings, the new biocide-free Xfast product line lifts the dry stir-in class of colorants to the next level. “At Sun Chemical we’re focused on developing solutions for our customers that help them navigate the current environmental landscape,” … Continue reading Sun Chemical to Launch Portfolio of Biocide-Free Xfast® Dry Stir-In Colorants

Unknown's avatarAdminLeave a comment
Capacity Expansion, Industry News, News&Communıty

Nouryon begins full-scale production at Expancel expandable microspheres plant in the US

Nouryon, a global specialty chemicals leader, announced today that it has started full-scale production at its new Expancel® expandable microspheres plant in Green Bay, Wisconsin, US. The launch of the new plant is an important milestone to better serve specialty additives customers in North America in the packaging, construction, mining, and automotive industries, and complements the Company’s existing full-scale plant in Sundsvall, Sweden, and product … Continue reading Nouryon begins full-scale production at Expancel expandable microspheres plant in the US

Unknown's avatarAdminLeave a comment
Financial News, News&Communıty

AkzoNobel rebound continues in the third quarter with solid profit growth and robust cash generation

Highlights Q3 2023 (compared with Q3 2022)  AkzoNobel CEO, Greg Poux-Guillaume, commented:  “Our third quarter results show a solid rebound in profit and continued improvement of our margins, despite an adverse currency impact. While volumes were flat, we are increasingly benefitting from the easing of raw material costs. Higher profits and improving working capital management both contributed to a leverage ratio of 3.2, which keeps us on track … Continue reading AkzoNobel rebound continues in the third quarter with solid profit growth and robust cash generation

Unknown's avatarAdminLeave a comment
Financial News, News&Communıty

The Sherwin-Williams Company to Report 2023 Third Quarter Financial Results

The Sherwin-Williams Company (NYSE: SHW) announced its financial results for the third quarter ended September 30, 2023. All comparisons are to the third quarter of the prior year, unless otherwise noted. SUMMARY CEO REMARKS “Sherwin-Williams delivered strong third quarter results in an environment where demand remained highly variable by end market and region, and against a challenging prior year comparison,” said Chairman and Chief Executive Officer, … Continue reading The Sherwin-Williams Company to Report 2023 Third Quarter Financial Results

Unknown's avatarAdminLeave a comment
Financial News, News&Communıty

PPG to report third quarter financial results; raises full-year EPS guidance

Third Quarter Consolidated Results $ in millions, except EPS 3Q 2023 3Q 2022 Y-O-Y change Net sales $4,644 $4,468 +4% Net income $426 $329 +29% Adjusted net income(a) $493 $393 +25% EPS $1.79 $1.39 +29% Adjusted EPS(a) $2.07 $1.66 +25% (a) Reconciliations of reported to adjusted figures are included below  Chairman and CEO Comments Tim Knavish, PPG chairman and chief executive officer, commented on the … Continue reading PPG to report third quarter financial results; raises full-year EPS guidance

Unknown's avatarAdminLeave a comment
biobased, Industry News, News&Communıty

Perstorp to strengthen its sustainable offerings with 100% renewable based 2-Ethylhexanol

Leading specialty chemicals innovator Perstorp has launched a new grade of 2-Ethylhexanol (2-EH), now available with 100% renewable, traceable mass-balanced carbon content. When including the biogenic CO2 uptake absorbed by the renewable raw materials used, the product has a negative carbon footprint cradle to Perstorp gate. Developed based on both physical and chemical traceability, 2-EH Pro 100 is designed to minimize the carbon footprint throughout … Continue reading Perstorp to strengthen its sustainable offerings with 100% renewable based 2-Ethylhexanol

Unknown's avatarAdminLeave a comment
Capacity Expansion, Industry News, News&Communıty

OXERRA to build a manufacturing facility of complex inorganic color pigments in China

OXERRA, a leading global iron oxide pigment manufacturer, announced its intention to build a manufacturing facility of complex inorganic color pigments (CICP) and a comprehensive research center in China before the end of 2023. “This new plant will supplement our current manufacturing facility in Kidsgrove, United Kingdom, and further emphasizes our commitment to global support and sustainability for the color pigment market,” said Terence Yu, … Continue reading OXERRA to build a manufacturing facility of complex inorganic color pigments in China

Unknown's avatarAdminLeave a comment
News&Communıty, Science News

Mechanically robust, ready-to-use biocoatings

An innovative paint that contains oxygen-producing bacteria capable of capturing carbon dioxide (CO2) has been created by scientists from the University of Surrey. Researchers suggest this paint, known as ‘biocoating,’ could be used in extreme environments, such as space stations.  Biocoatings are a type of water-based paint that encase live bacteria within layers. Besides capturing carbon, they can also serve as bioreactors or as biosensors.  … Continue reading Mechanically robust, ready-to-use biocoatings

Unknown's avatarAdminLeave a comment
New Products, News&Communıty, Raw Materials

Evonik to launch a new defoamer that features bio-based polymer and polyether siloxane

Evonik’s Coating Additives business line is expanding its TEGO® Foamex product range with a new defoamer built on unique hybrid technology that features bio-based polymer and polyether siloxane. Evonik’s Coating Additives business line is expanding its TEGO® Foamex product range with a new defoamer built on unique hybrid technology that features bio-based polymer and polyether siloxane. The new TEGO® Foamex 8880 has been developed for … Continue reading Evonik to launch a new defoamer that features bio-based polymer and polyether siloxane

Unknown's avatarAdminLeave a comment
New Products, News&Communıty, Powder Coatings, Raw Materials, Technologies

Clariant to launch PTFE-free texturing agent for powder coatings

Rising concerns about the impact of PFAS on human health and the environment have led to a growing demand for PTFE alternatives. As part of this trend, Clariant has launched Ceridust 8170 M, a PFAS/PTFE-free agent with texturing effects for Architectural Powder Coatings. For use on window frame and fence surfaces to furniture and bicycle rims, the new additive delivers excellent performance in dark and light … Continue reading Clariant to launch PTFE-free texturing agent for powder coatings

Unknown's avatarAdminLeave a comment
Mergers&Acquisitions, News&Communıty

IMCD Korea to enhance growth momentum in the coatings and construction market with the acquisition of Needfill

IMCD N.V. (“IMCD” or “Company”), a global leading distribution partner, formulator of speciality chemicals and ingredients, today announces that IMCD has signed an agreement to acquire 100% of the shares of the speciality distribution company Needfill Co., Ltd. in South Korea (“Needfill”). Established in 1991, Needfill has long-standing partnerships with some of the leading global suppliers and serves the paint, coatings, inks, textiles, electronics, and … Continue reading IMCD Korea to enhance growth momentum in the coatings and construction market with the acquisition of Needfill

Unknown's avatarAdminLeave a comment
New Products, News&Communıty, Raw Materials

Röhm to Launch MMA Based on ISCC PLUS Certified Raw Materials

Röhm‘s trademark for methacrylate monomers, MERACRYL®, stands for high-quality products, supply reliability and excellent customer service. At EPCA 2023, Röhm is launching a resource-saving alternative to their long-established methyl methacrylate (MMA). For MERACRYL® proTerra MMA, 30 percent fossil raw materials are substituted by sustainable raw materials from circular, recycled or biogenic sources, certified by the International Sustainability and Carbon Certification ISCC PLUS. The product’s carbon footprint … Continue reading Röhm to Launch MMA Based on ISCC PLUS Certified Raw Materials

Unknown's avatarAdminLeave a comment
Industry News, News&Communıty

DKSH to Enter New Partnership with Vink Chemicals in China

DKSH’s Business Unit Performance Materials, a leading distributor of specialty chemicals and ingredients, will provide business development, marketing, sales, logistics, and distribution services for Vink Chemicals’ range of biocides, used in water-based products, deco coatings, paints, and emulsions, in China. Vink Chemicals formulates biocides with various antimicrobial substances such as isothiazolinones and formaldehyde releasers. The biocides are used as preservative solutions in paint and coatings, … Continue reading DKSH to Enter New Partnership with Vink Chemicals in China

Unknown's avatarAdminLeave a comment
Finished Products, New Products, News&Communıty

Solvay to Launch New Ultra-High Barrier PVDC Coating Solution for More Sustainable Pharmaceutical Blister Films

Solvay, a global market leader in specialty materials, has introduced Diofan® Ultra736, a new polyvinylidene chloride (PVDC) coating solution with ultra-high water vapor barrier that allows carbon footprint reduction for pharmaceutical blister films. As an aqueous dispersion, Diofan® Ultra736 is fluorine-free, meets regulatory requirements for direct pharmaceutical contact and supports the design of sustainable films with thinner coating designs.  “Consumers and legislators are requesting increased efforts related … Continue reading Solvay to Launch New Ultra-High Barrier PVDC Coating Solution for More Sustainable Pharmaceutical Blister Films

Unknown's avatarAdminLeave a comment
News&Communıty, Science News

Coatings made from a wood by-product can keep our glasses and windshields clear

Researchers have developed a way to turn a waste material from wood into a bio-based transparent film that can be used for anti-fogging or anti-reflective coatings on glasses or vehicle windows. In addition to offering an alternative to the toxic synthetic materials currently used, this approach transforms a waste product into a valuable carbon sink. Lignin is an abundant waste product in paper and pulp … Continue reading Coatings made from a wood by-product can keep our glasses and windshields clear

Unknown's avatarAdminLeave a comment