For the full year ended December 31, 2020, SONGWON achieved stable results which reflect the value of its high-performance solutions combined with its manufacturing and service excellence across a broad range of markets. Against the backdrop of the ongoing COVID-19 pandemic, the Group achieved sales of 807,768 Million KRW and a gross profit margin of 20.3% in FY 2020, which is slightly lower than in … Continue reading SONGWON to publish annual report 2020
Ashland plans to increase production capacity of Natrosol™ hydroxyethylcellulose (HEC) at the Nanjing, China site. “Ashland Natrosol™ rheology modifiers have been the leading cellulosic thickeners for waterborne architectural coatings for more than fifty years,” said Guillermo Novo, chairman and chief executive officer, Ashland. Growth Strategy to Meet Customer Demand “Given the unprecedented demand and our customer-centric strategy, Ashland will build upon our previous investments in Nanjing and further … Continue reading Ashland to Increase Natrosol Thickeners Production Capacity in China
Source: BASF Note to readers: Please follow us on LinkedIn ,Twitter and YouTube and subscribe to our website and receive notifications of new posts by email. Please click the share buttons below and make a comment. Explore further Explore further Explore further Explore further Explore further Continue reading Exterior Wall Coating Technologies by BASF
Effective April 1, 2021, or as contracts allow, BASF’s Dispersions and Resins business will increase prices for its product lines in North America. Prices for Acrylic dispersions will increase $0.15/lb; prices for Styrene Acrylic dispersions will increase $0.10/lb; and prices for Styrene Acrylic resins will increase up to $0.10/lb. These product lines include BASF brands acResin®, Acrodur®, Acroflor®, Acronal®, AQACell®, and Joncryl®. In addition, … Continue reading BASF to increase prices for Dispersions in North America
NSG Group has successfully developed a new antibacterial and antiviral coating for glass substrates, based on its proprietary sol-gel technology. Copper contained in the newly developed coating, reacts with water, oxygen and other substances in the air to generate active oxygen (H2O2, OH, etc.), which in turn inactivates bacteria and viruses by destroying their envelopes and decomposing lipids, protein and gene materials. The laboratory evaluation … Continue reading Development of Sol-gel Antibacterial and Antiviral Coating for Glass
A pioneering scientific expedition which will send a manned oceanographic platform drifting around Antarctica has brought AkzoNobel on board as exclusive paints and coatings partner. The brainchild of French explorer and environmentalist Jean-Louis Etienne, the Polar Pod will enable international scientists and researchers to study the Antarctic Circumpolar Current, which has a major influence on the Earth’s climate and contains an immense reserve of marine … Continue reading AkzoNobel to partner with Polar Pod for pioneering scientific mission
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AkzoNobel has published its digital 2020 annual report, which highlights how the company delivered on its Winning together: 15 by 20 ambition and has now entered the next phase of its ongoing transformation. The dedicated Report 2020 website offers comprehensive coverage of the company’s financial results, key business developments and the progress that has been made in areas such as sustainability and innovation. Several case … Continue reading AkzoNobel to publish its digital 2020 annual report
BMW’s private label paint-related products (PRP) brand Fit4Paint is available immediately in 18 countries Two-year agreement complements BASF’s exclusive paint supplier status for ColorSystem in EMEA BASF has become the exclusive global supplier to Fit4Paint, BMW’s private label paint-related products (PRP) offering. Fit4Paint is an optimized portfolio of protection, cleaning, sanding, masking, mixing & painting, and polishing accessories put together by paint experts that can … Continue reading BASF to become global paint accessories supplier for leading OEM brand Fit4Paint
Royal DSM, a global science-based company in Nutrition, Health and Sustainable Living, announces that it has launched a new resin, NeoCryl® HP-4000 for the EMEA market, to drive the performance of wall paints for high-humidity areas. Thanks to its perfect water vapor permeability and excellent water resistance properties, as well as its low volatile organic compound (VOC) content, NeoCryl® HP-4000 raises the bar for aesthetic and functional … Continue reading DSM to introduce high-performance resin to enable a step change in wall paints for high-humidity areas
Important step towards realizing CO2 neutral growth Pioneer to drive the Renewable Direct Power Purchase (R-DPP) concept, and actively promote the development of the Renewable Electricity Marketization Policy in Guangdong Province BASF is expected to be the first user to purchase renewable electricity under this policy BASF will power the first plants of its Guangdong Verbund site in Zhanjiang, Guangdong province, using 100% renewable electricity. This … Continue reading BASF to power its first plants of Guangdong Verbund site with 100% renewable energy
Specialty chemicals company LANXESS is raising its prices for 1,6-hexanediol (HDO) globally with immediate effect. The increase amounts for EUR 800 per metric ton. HDO is an important precursor for high performance coatings, fibers, adhesives, polyurethanes, polycarbonate diols, and as reactive diluent for epoxy resins. Source: LANXESS Note to readers: Please follow us on LinkedIn ,Twitter and YouTube and subscribe to our website and receive notifications of new posts by … Continue reading LANXESS to increase prices for hexanediol
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This expansion will meet strong global demand for biopolymers and contribute towards Braskem becoming a carbon neutral company by 2050. Braskem is expanding its production capacity of green ethylene, the main feedstock derived from sugarcane ethanol which is used in the production of renewable resins. These materials can therefore claim to capture CO2, a greenhouse gas. This raw material is produced at the company’s plant … Continue reading Braskem to invest US$61 million to increase biopolymer production
UVMax® Defender provides added antimicrobial protection for Keyland Polymer’s entire line of UV cured powder coatings. The antimicrobial agent utilizes silver ion technology to help keep surfaces and products safer. The coating provides 24/7 antimicrobial protection and lasts a lifetime. UVMax® Defender can be used on plastic, composite, medium density fiberboard (MDF), wood, and metal substrates and is ideal for healthcare, public transportation, hospitality, education, … Continue reading Antimicrobial Additive For UV Cured Powder Coatings: UVMax® Defender
Startups in China are invited to put forward their pioneering solutions to accelerate innovation in the paints and coatings industry – AkzoNobel’s Paint the Future China startup challenge is now live. “We can’t wait to see what brilliant ideas and solutions this collaborative innovation ecosystem will bring to the paints and coatings industry,” says Mark Kwok, AkzoNobel’s President of China/North Asia and Business Director for … Continue reading AkzoNobel to kick off Paint the Future startup challenge in China
Source: Wacker Note to readers: Please follow us on LinkedIn ,Twitter and YouTube and subscribe to our website and receive notifications of new posts by email. Please click the share buttons below and make a comment. VIDEO CENTER Explore further Explore further Explore further Explore further Explore further Continue reading Boosting performance of interior paint with Silres BS 333
Download brochure Source: Wacker Note to readers: Please follow us on LinkedIn ,Twitter and YouTube and subscribe to our website and receive notifications of new posts by email. Please click the share buttons below and make a comment. VIDEO CENTER Explore further Explore further Explore further Explore further Explore further Continue reading Climate Protection with Energy-Saving Facades? SILRES® BS 6042
BYK-329, a silicone-containing surface additive for both solvent-free and solvent-borne systems, is the new BYK product on the market that greatly reduces surface tension, especially in floor coatings and general industrial coatings, and promotes leveling and defoaming properties. In the defoamer line, BYK-092 is a new VOC-free, silicone-containing additive for aqueous paint systems, printing inks, and adhesives in the portfolio of this specialty chemicals manufacturer. BYK defoamer for … Continue reading BYK to launch two silicone-containing surface additives
Source: Arkema Note to readers: Please follow us on LinkedIn ,Twitter and YouTube and subscribe to our website and receive notifications of new posts by email. Please click the share buttons below and make a comment. VIDEO CENTER Explore further Explore further Explore further Explore further Explore further Continue reading Acrylic Emulsion For Multiple Substrate Primers and Paints: ENCOR® 2793
Source: BASF Note to readers: Please follow us on LinkedIn ,Twitter and YouTube and subscribe to our website and receive notifications of new posts by email. Please click the share buttons below and make a comment. VIDEO CENTER Explore further Explore further Explore further Explore further Explore further Continue reading Extending Titanium Dioxide? BASF’s Kaolin Solutions
Source: EPS Materials Note to readers: Please follow us on LinkedIn ,Twitter and YouTube and subscribe to our website and receive notifications of new posts by email. Please click the share buttons below and make a comment. VIDEO CENTER Explore further Explore further Explore further Explore further Explore further Continue reading Highly transparent waterborne pigment dispersions: NovoColor SF
Core volumes down by 5.6% Group sales approximately EUR 10.7 billion (–13.7%) EBITDA as forecasted at approximately EUR 1.5 billion (–8.2%) Free operating cash flow increased to EUR 530 million (+12.1%) Proposed dividend of EUR 1.30, new dividend policy Realignment of strategy towards becoming fully circular 2021: Fiscal year above pre-pandemic level expected Covestro saw a strong end to an exceptional year in 2020 and benefited, especially in the second half, from … Continue reading Covestro to successfully navigate exceptional year 2020: Significant improvement in second half of year
Axalta , a leading global supplier of liquid and powder coatings, announced the launch of its new Wood Coatings Pro mobile app for iOS and Android devices. The new app provides simple and quick access to product information, the latest industry color trends and best practices for the wood coatings market. “We’re excited to introduce our innovative wood coatings app to our customers and other end … Continue reading Axalta to launch new wood coatings mobile app
Henkel Australia has officially opened the upgraded Innovation and Application Lab in Seven Hills, Sydney, Australia. As a global leader in adhesives, sealants and functional coatings, the upgraded facility positions Henkel at the forefront of innovation for key growth sectors in Australia and New Zealand, namely food and beverage, packaging, engineered wood and general manufacturing and maintenance. Daniel Rudolph, President of Henkel Australia and New … Continue reading Henkel to unveil upgraded Innovation and Application Lab in Sydney
Acquisition with sales of USD 425 million and EBITDA of USD 90 million to strengthen Consumer Protection segment Enterprise value of USD 1.075 billion High-margin new application fields in food industry and animal health Rapid integration expected Specialty chemicals company LANXESS is accelerating its growth course and signed a binding agreement to acquire 100 percent shares in Emerald Kalama Chemical on February 14, 2021. The … Continue reading LANXESS to sign contract to acquire Emerald Kalama Chemical
PPG announced that Daimler Truck North America (DTNA) has approved the PPG DELFLEET ONE® paint system for warranty and aftermarket repairs on its FREIGHTLINER® & WESTERN STAR® trucks. As an integrated system of undercoats, topcoats and clearcoats, the PPG Delfleet One paint system was especially developed to meet the color-matching and productivity needs of aftermarket users. It is a progressive paint system for the commercial transportation industry. Covering the full … Continue reading PPG DELFLEET ONE paint system approved by Daimler Truck North America
Sales from continuing operations decreased by 5 % in local currency to CHF 3.860 billion EBITDA margin preserved at 15.0 % in a challenging environment compared to a comparable EBITDA margin of 15.7 % in 2019 Net result for the total Group at CHF 799 million Strong cash conversion to an operating cash flow of CHF 369 million Proposed nonrecurring regular distribution of CHF 0.70 … Continue reading Clariant to deliver robust performance in 2020, successfully mitigating COVID-19 pandemic impacts
Biorizon’s Bio-Aromatics4Coatings (BA4C) consortium succeeded to develop bio-MPA-based alkyd coatings that exceed fossil PA-based coatings in terms of performance, sustainability and resource efficiency. Bio-MPA is expected to be produced at a price in the same order of magnitude as fossil PA. After the successful demonstration of bio-MPA at kg-scale, the consortium will further scale-up bio-MPA production and its application in coatings to (sub)industrial scale. Key … Continue reading Biorizon consortium to create bio-MPA-based alkyd coating that exceeds fossil counterpart in terms of performance, sustainability and resource efficiency
PPG announced that on Feb. 5, 2021 it completed the purchase of shares in Tikkurila (NASDAQ OMX:TIK1V) held by Varma Mutual Pension Insurance Company, Mandatum Life Insurance Company Limited and Kaleva Mutual Insurance Company. These shares represent, in the aggregate, approximately 9.32% of the shares in Tikkurila. PPG completed the purchases at the tender offer price of €34 per share for a combined purchase price … Continue reading PPG to Complete Purchases From Certain Major Tikkurila Shareholders
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