Evonik expands SPHERILEX® family: new silica now available for deep-matte wood coatings

Spherical silica EXP 0002-1 is characterized by particularly small particle size and suitable not only for architectural paints, but also for waterborne, deep-matte and silk-gloss wood coatings. Essen, Germany. Evonik is launching a new product incorporating its proven SPHERILEX® technology. Spherical silica EXP 0002-1 is characterized by particularly small particle size and suitable not only for architectural paints, but also for waterborne, deep-matte and silk-gloss wood … Continue reading Evonik expands SPHERILEX® family: new silica now available for deep-matte wood coatings

Popular Science’s 2022 Best of What’s New Awards Recognizes GLIDDEN Max Flex Spray Paint by PPG

PPG announced that GLIDDEN MAX FLEX™ spray paint and primer by PPG has been awarded a Best of What’s New Award 2022 by Popular Science magazine in the home category. GLIDDEN MAX FLEX™ spray paint by PPG is an interior/exterior paint + primer featuring an innovative lacquer-based formula and unique spray pattern that provides a high-coverage, ultra-durable coating on a wide range of surfaces. With a five-minute dry time, … Continue reading Popular Science’s 2022 Best of What’s New Awards Recognizes GLIDDEN Max Flex Spray Paint by PPG

AkzoNobel completes acquisition of Lankwitzer Lackfabrik’s aluminum wheel liquid coatings business

AkzoNobel has completed the acquisition of the wheel liquid coatings business of Lankwitzer Lackfabrik GmbH, a deal which strengthens the company’s performance coatings portfolio. The acquired business will complement AkzoNobel’s existing powder coatings offering and expand the range of innovative products the company supplies. Operating out of a manufacturing site in Leipzig, Germany, Lankwitzer’s Rims and Wheel business supplies approved products for car manufacturers such … Continue reading AkzoNobel completes acquisition of Lankwitzer Lackfabrik’s aluminum wheel liquid coatings business

New additive TEGO® Powder Aid D01 improves powder coating formulations in many ways

Evonik Coating Additives has developed a new, multifunctional polymer additive for powder coating formulations: TEGO® Powder Aid D01 makes the formulation easier to disperse during extrusion by promoting pigment wetting and effectively reducing melt viscosity. Evonik´s Coating Additives Business Line has developed a new, multifunctional polymer additive for powder coating formulations: TEGO® Powder Aid D01 makes the formulation easier to disperse during extrusion by promoting … Continue reading New additive TEGO® Powder Aid D01 improves powder coating formulations in many ways

AkzoNobel becomes global refinish partner for electric vehicle maker BYD

AkzoNobel has become the global refinish partner for new energy vehicle manufacturer BYD Auto Sales Company Ltd. – currently the world’s leading seller of electric vehicles. The company has been a recommended supplier of vehicle refinish products and services to BYD in China since 2017. The new deal means that agreement will continue, while extending the partnership to serve BYD’s bodyshops and approved repairer networks … Continue reading AkzoNobel becomes global refinish partner for electric vehicle maker BYD

Röhm extens the shutdown of several MMA plants at Worms, Germany, on weak European demand

Röhm (Darmstadt, Germany) says it is extending the shutdown of several methyl methacrylate (MMA) monomer plants at its production site in Worms, Germany, due to low market demand in Europe. The company says the shutdown has been extended into November because of the demand downturn. The plants at Worms were previously scheduled for a maintenance turnaround lasting from 28 September to 31 October. Röhm says … Continue reading Röhm extens the shutdown of several MMA plants at Worms, Germany, on weak European demand

Celanese lifts force majeure on majority of acetyls in Western Hemisphere

Celanese (Dallas, Texas) has lifted a force majeure declared in May this year on a range of acetyl products in the Western Hemisphere. The company says it is lifting the force majeure declared on 11 May for acetic acid, vinyl acetate monomer, ethyl acetate, acetic anhydride, vinyl and acrylic emulsions, redispersible powders, and ethylene vinyl acetate polymers. However, due to “ongoing supply chain disruptions and an inability to reliably … Continue reading Celanese lifts force majeure on majority of acetyls in Western Hemisphere

Evonik increases additive capacities for architectural paints

Evonik’s Coating Additives business line is increasing capacities of two additive product groups for architectural paints: TEGO® Phobe hydrophobing agents and  TEGO® Viscoplus polyurethane thickeners. The new capacities will be available from October. “The capacity increase is our response to the increased demand for additives for architectural paints,” says Nadia Lenhardt, head of the Decorative Coatings market segment in EMEA. “The additional capacity in Europe … Continue reading Evonik increases additive capacities for architectural paints

BASF Petronas Chemicals to double 2-EHA production capacity in Malaysia

Joint venture company plans to expand the annual production capacity of 2-Ethylhexanoic Acid (2-EHA) from 30,000 to 60,000 metric tons by 2024. BASF Petronas Chemicals Sdn. Bhd., the joint venture between Germany’s BASF SE and Petronas Chemicals Group Bhd., a subsidiary of Malaysian oil company Petroliam Nasional Bhd. known as Petronas, launched on Thursday the expansion of a 2-Ethylhexanoic Acid plant in Malaysia. The project … Continue reading BASF Petronas Chemicals to double 2-EHA production capacity in Malaysia

Antimicrobial Coatings Market worth $7.0 billion by 2027 | Exclusive Report by MarketsandMarkets

Antimicrobial Coatings Market size is estimated to be USD 4.2 billion in 2022 and is projected to reach USD 7.0 billion by 2027, at a CAGR of 10.8 %, as per the new published study by MarketsandMarkets™. Growing expenditure on healthcare infrastructure, increase in government initiative to prevent the spread of COVID-19, hospital-acquired infections (HAIs) and increasing demand for medical devices, surgical instruments, and other healthcare equipment across the globe are … Continue reading Antimicrobial Coatings Market worth $7.0 billion by 2027 | Exclusive Report by MarketsandMarkets

BYK innovation makes applications lightweight, more stable and safer

BYK Additives is launching BYK-MAX CT 4275 to the market, a novel, specially developed additive that can be used in a wide variety of polyamides – for example in the automotive industry. The optimized surface treatment and the unique morphology of the silicate provide improved dispersion and incorporation into the thermoplastic matrix while ensuring near-perfect exfoliation in polar systems. The highly reinforcing mechanism of BYK-MAX CT 4275 improves, among … Continue reading BYK innovation makes applications lightweight, more stable and safer

BASF enters power agreements for clean energy supply of more than 20 BASF sites across the United States

BASF enables renewable energy projects by signing VPPAs totaling 250 MW Energy supply for more than 20 manufacturing sites will be offset with solar and wind power Share of renewable energy will rise to more than 25% of BASF’s total electricity consumption in North America BASF is committed to renewable energy solutions to power its sites across the United States and has entered into virtual power … Continue reading BASF enters power agreements for clean energy supply of more than 20 BASF sites across the United States

Most read articles of 25-31 July, 2022 on PCE | All About Paints and Coatings

Axalta Releases Second Quarter 2022 Results New copper coating could be the next superbug fighter Sika’s Takeover of MBCC Group Could Lead to Competition Loss, UK Regulator Says RPM International Inc. Unveils Industrial Coatings Group BASF again with strong earnings despite continued high prices for raw materials and energy Continue reading Most read articles of 25-31 July, 2022 on PCE | All About Paints and Coatings

New copper coating could be the next superbug fighter

A new copper coating that kills bacteria quicker and in greater amounts than current formulations could soon be available for hospitals and other high-traffic facilities. Although current formulations made of pure copper are antibacterial and self-sanitizing, they kill certain types of bacteria with a thicker cell wall (Gram-positive bacteria), more slowly than bacteria with a thinner cell wall (Gram-negative). A team of UBC researchers led by Dr. Amanda Clifford, … Continue reading New copper coating could be the next superbug fighter

BASF expands capacity for automotive refinish coatings in Jiangmen, China

Annual capacity to reach 30,000 metric tons per year Expansion further supports market growth n  in the automotive industry in China and the rest of Asia BASF Coatings (Guangdong) Co., Ltd. (BCG) has expanded the production capacity of automotive refinish coatings at its coatings site in Jiangmen, Guangdong Province in South China. With the completion of the expansion in July 2022, BASF’s annual production capacity of … Continue reading BASF expands capacity for automotive refinish coatings in Jiangmen, China

RPM International Inc. Unveils Industrial Coatings Group

RPM Industrial Coatings Group will be officially introduced at this year’s International Woodworking Fair Atlanta on August 22. The company is comprised of five industry-leading coatings and finishings brands – Mohawk Finishing Products, FinishWorks, TCI Powder, Morrells Woodfinishes, and Kop-Coat Protection Products. RPM Industrial Coatings Group is part of RPM International Inc., a $6.1 billion global company with subsidiaries that are market and industry leaders in specialty coating, sealants, building … Continue reading RPM International Inc. Unveils Industrial Coatings Group

PPG reports second quarter 2022 financial results

Record second quarter net sales of $4.7 billion, approximately 8% higher than prior year Organic sales growth of 8%, driven by higher selling prices, which are up by 15% on a two-year stack basis Reported earnings per diluted share from continuing operations (EPS) of $1.86 and adjusted EPS of $1.81 Raw material costs up about 20% year over year; energy and transportation costs remained elevated … Continue reading PPG reports second quarter 2022 financial results

BASF again with strong earnings despite continued high prices for raw materials and energy

Sales growth of 16.3 percent to €23.0 billion EBIT before special items of €2.3 billion on the level of prior-year quarter Net income of €2.1 billion up 26.3 percent over prior-year quarter Cash flows from operating activities of €1.2 billion below prior-year quarter (Q2 2021: €2.5 billion) 2022 outlook for sales raised to between €86 billion and €89 billion and for EBIT before special items to between €6.8 billion and €7.2 billion “Despite the continued high … Continue reading BASF again with strong earnings despite continued high prices for raw materials and energy

Clariant’s new Dispersogen® Flex 100: now the only choice for superior and sustainable pigment preparations

Universal dispersing agent for organic and inorganic pigment preparations 100% active with ultimate flexibility from pigment concentrates to color paints Low VOC and label free with Clariant’s prestigious EcoTain® label Clariant, a leading global provider of specialty chemicals, has launched its first universal polymeric dispersing agent for high quality pigment preparations that can incorporate organic and inorganic pigments and can be used for all types of … Continue reading Clariant’s new Dispersogen® Flex 100: now the only choice for superior and sustainable pigment preparations

Sika’s Takeover of MBCC Group Could Lead to Competition Loss, UK Regulator Says

The U.K. competition regulator said Wednesday that the expected acquisition of MBCC Group by Sika AG could lead to a loss of competition in U.K. chemical admixtures supply, and asked for a proposal to address concerns. The Competition and Markets Authority said Sika and MBCC are the two largest suppliers of chemical admixtures in the U.K.–vital for products like concrete and cement–and closely compete, particularly … Continue reading Sika’s Takeover of MBCC Group Could Lead to Competition Loss, UK Regulator Says

WACKER Raises Full-Year Forecast after Another Strong Quarter

Wacker Chemie AG continued on its growth trajectory in Q2 2022. The Munich-based chemical company generated sales of €2,174.2 million in the reporting quarter (Q2 2021: €1,501.0 million), up by 45 percent year over year. Relative to the preceding quarter (€2,076.2 million), sales were up by 5 percent, benefiting from product-mix and volume effects, as well as from the year-over-year rise in the US dollar. … Continue reading WACKER Raises Full-Year Forecast after Another Strong Quarter

Axalta Releases Second Quarter 2022 Results

Record pricing and strong volume growth drove a solid quarterly performance above mid-point of expectations Axalta Coating Systems Ltd. (NYSE:AXTA) (“Axalta”), a leading global coatings company, announced its financial results for the second quarter ended June 30, 2022. Second Quarter 2022 Highlights: Net sales increased 9.6% year-over-year (14.5% ex FX) led by record pricing and solid volume growth; Mobility Coatings delivered significant above-market sales performance Realized … Continue reading Axalta Releases Second Quarter 2022 Results

Arkema to acquire Polimeros Especiales, a leading emulsion resins producer in Mexico

The planned acquisition of this leading player in solvent-free waterborne acrylic resins will strengthen Arkema’s position in this fast-growing region. Polimeros Especiales is a well-established privately owned Mexican company producing high performance waterborne resins for a broad range of applications in markets such as architectural and decorative paints, textiles, pressure sensitive adhesives and construction. The company has become a key manufacturer of emulsions in the region, achieving sales … Continue reading Arkema to acquire Polimeros Especiales, a leading emulsion resins producer in Mexico

BASF confirms final phase of MDI expansion at Geismar Verbund site

Annual production capacity to be increased to 600,000 metric tons by the middle of the decade Total investment of $780 million for the final expansion phase BASF is moving forward with the final phase of the expansion project for the methylene diphenyl diisocyanate (MDI) plant at its Verbund site in Geismar, Louisiana. With this third step of its multiphase capacity expansion, BASF will increase production … Continue reading BASF confirms final phase of MDI expansion at Geismar Verbund site

AkzoNobel revenue up 14% despite impact of lockdowns in China and destocking in EMEA DIY channels

Highlights Grow & Deliver (compared with Q2 2021) •Revenue up 14% and 10% higher in constant currencies1, pricing up 16%•ROS2 at 8.7% (2021: 13.3%), resulting from lower volumes and continued raw material and freight costs inflation•Adjusted EBITDA at €337 million (2021: €419 million)•Acquisition of Grupo Orbis completed in April 2022. Intended acquisition of Kansai Paint’s business in Africa announced in June 2022. Intended acquisition of the … Continue reading AkzoNobel revenue up 14% despite impact of lockdowns in China and destocking in EMEA DIY channels

Evonik introduces TEGO® Dispers 658 sustainable dispersing additive

Evonik Coating Additives’ new TEGO® Dispers 658 offers improved sustainability and similar performance to the market standard TEGO® Dispers 650 Latest TEGO dispersing additive is readily biodegradable and gentle on aquatic organisms Evonik has launched its new sustainable dispersing additive, TEGO® Dispers 658. The latest TEGO® dispersing agent in the portfolio is readily biodegradable so improves the sustainability of pigment and colored coatings production, while … Continue reading Evonik introduces TEGO® Dispers 658 sustainable dispersing additive

AkzoNobel to acquire Lankwitzer Lackfabrik’s aluminum wheel liquid coatings business

AkzoNobel is to bolster its performance coatings portfolio after reaching an agreement to acquire the wheel liquid coatings business of Lankwitzer Lackfabrik GmbH. Completion, which is subject to regulatory approvals, is expected before the end of 2022. Lankwitzer’s Rims and Wheel business operates out of a manufacturing site in Leipzig, Germany. Its products are approved for use by car manufacturers such as Daimler, Audi, VW, … Continue reading AkzoNobel to acquire Lankwitzer Lackfabrik’s aluminum wheel liquid coatings business

Huntsman starts up new Geismar MDI splitter

Huntsman Corporation announced the start of commercial operation of a new methylene diphenyl diisocyanate (MDI) splitter at its Geismar site in Louisiana. The $180 million splitter gives Huntsman the ability to produce more high value, differentiated grades from the crude MDI manufactured at the plant, thereby enabling growth in key customer applications.  “The new splitter reinforces our strategy of delivering value over volume by creating … Continue reading Huntsman starts up new Geismar MDI splitter

BASF Group releases preliminary figures for the second quarter of 2022

Sales expected to be €22,974 million (Q2 2021: €19,753 million), considerably above the prior-year quarter and above analyst consensus EBIT before special items expected to be €2,339 million (Q2 2021: €2,355 million), almost on a level with the prior-year quarter and significantly above analyst consensus EBIT expected to be €2,350 million (Q2 2021: €2,316 million), slightly above the prior-year quarter and significantly above analyst consensus Net … Continue reading BASF Group releases preliminary figures for the second quarter of 2022

Perstorp completes 2-EHA capacity expansion in Sweden

2-Ethylhexanoic Acid (2-EHA) is one of the flagship products within Perstorp Group, which has the largest production capacity in the world. During the spring plant Stenungsund, Sweden, has further increased the capacity to meet global demand from customers. 2-EHA is widely used in safety glass for car windows, synthetic lubricants, paint driers and corrosion inhibitors. To increase capacity has been on the wish list for … Continue reading Perstorp completes 2-EHA capacity expansion in Sweden