Paint & Coating News

BASF announced that it has significantly expanded its production capacity in the United States and has now started producing Licity anode binders to support the rapidly growing lithium-ion battery industry.

• BASF
• Licity

On April 2, local time, President Trump signed two executive orders at the White House, introducing a 10% "minimum baseline tariff" on trade partners and imposing higher tariffs on specific countries.

On April 2, 2025, the White House announced that President Trump has declared a national emergency, justifying the move as a way to strengthen economic security, enhance competitiveness, and defend sovereignty.

On March 31, 2025, Mitsubishi Chemical Group announced its decision to gradually cease production at its Onahama Plant in Iwaki City, Fukushima Prefecture, and the Iwaki Plant of Shinryo Corporation by the end of March 2027.

On March 30, 2025, Sinochem announced the approval of its isophorone diisocyanate (IPDI) project, with a production capacity of 21,000 tons planned in phases.

Recently, Total Energies has announced a significant 15-year green hydrogen supply agreement with RWE, Germany's largest utility company.

Recently, the Moroccan government committee approved several green hydrogen projects valued at approximately $32.5 billion.

On April 1, 2025, Sankeshu (603737) announced the verdict of a first-instance judgment regarding a contract dispute between its wholly-owned subsidiary, Fujian Sankeshu Building Materials Co., Ltd., and a company with

On March 31, 2025, Nippon Paint Holdings Co., Ltd. (referred to as "Nippon Paint" or "Nipsea Holdings") disclosed its financial results for the 2024 fiscal year.

On March 27, 2025, South Korean media outlet The Elec reported that Samsung SDI, a leading battery manufacturer, announced plans to increase the proportion of production equipment sourced from China.

ExxonMobil is set to significantly increase its production of isopropanol (IPA), aiming to manufacture 99.999% ultra-pure isopropanol to meet the rising demand from the semiconductor industry.

On April 1, 2025, global paint leader AkzoNobel and marine engineering giant Bluewater Group signed a strategic cooperation agreement in Shanghai, marking the start of a significant partnership in the marine industry.

On March 31, 2025, the U.S. Department of Commerce announced its final ruling on antidumping duties concerning epoxy resins imported from China, India, South Korea, Thailand, and Taiwan.

Mitsubishi Chemical Group has decided to phase out production at Mitsubishi Chemical Corporation's Onahama Plant and Shinryo Corporation (Shinryo) Iwaki Plant in Iwaki, Fukushima Prefecture by the end of March 2027.

• Mitsubishi chemical
• fukushima

BASF Coatings and Li Auto announced the signing of a strategic cooperation memorandum, with the main goal of promoting and implementing coatings driven by sustainable development and digital innovation.

• BASF
• Li Auto
• coatings

Reliance Industries, the world's largest refinery operator, will stop importing oil from Venezuela following the U.S. announcement of a 25% tariff on countries purchasing Venezuelan crude.

In a surprising move, NOVA Chemicals has officially scrapped its plans to build a chemical recycling plant in Sarnia, Ontario.

On March 28, Arkema celebrated the 20th anniversary of its organic peroxide plant in Changshu, China, marking a significant milestone with the launch of new production capacities.

On March 31, 2025, Mitsubishi Chemical Group announced its decision to gradually cease production at the Onahama Plant and Iwaki Plant in Fukushima Prefecture by the end of March 2027.

On March 25, Shell announced a significant restructuring of its global chemical operations, seeking strategic partners for its chemical portfolio in the United States and potentially closing some or all of its chemical operations in Europe.