Paint & Coating News

According to Precedence Research, the global elastomer market size is estimated at $98.17 billion in 2022 and is expected to reach approximately $165 billion by 2030, with a compound growth rate of 6.71 percent from 2022 to 2030.

• elastomer

Recently, the Jiangxi Provincial Department of Industry and Information Technology recognized 82 enterprises as specialized Little giant enterprises in Jiangxi Province in 2022, with a validity period of three years.

• Painting&Coating

On December 20, US industrial conglomerate 3M announced that it would exit the production of perfluoroalkyl and polyfluoroalkyl substances (PFAS) and strive to stop using PFAS in its product portfolio by the end of 2025.

• perfluoroalkyl

In the monitoring of important chemical products, a total of 19 products increased, accounting for 30.6% of the products.

• chemical material

Recently, Wanhua Chemical Group Co., Ltd. issued the announcement of foreign investment.

• Investment

Ecological Environment Bureau of Hebi City of Henan Province issued the Public Notice of approval opinions on the environmental impact assessment document of Hebi Jier New Materials Co., LTD.

• ecological

Changde City Ecological Environment Bureau of Hunan Province issued about "Jinshi Daxin Pigment Co., Ltd. expansion annual output of 5000 tons of iron oxide black project to be approved"

• Pigment

BASF Dispersion and Resin Department launched Styrofan® ECO 7577 emulsion for one-component paste waterproof coating in China.

• BASF

Seven departments, including the Ministry of Emergency Management, the Cyberspace Administration of the CPC Central Committee.

• Cyberspace

On December 22, Wanhua Chemical Fujian 400,000-ton MDI unit was completed, and qualified products were produced on December 22.

• qualified products

Driven by the growing demand for eco-friendly paints and powders in India, Arkema has announced that it will double the production capacity of its polyester resin plant in India to consolidate its position in the global resin market for powder coatings.

• polyester

On December 19, Guangxi Huayi New Materials 750,000 tons/year propylene and downstream deep processing integration project ushered in the first commissioning.

• propylene

On December 17, Hubei Yutian Baoli New Materials Co., Ltd. annual output 180,000 tons modified adhesive project production ceremony was held in Zhijiang Yaojiagang Chemical Industry Park.

• investment

The Silicon Industry Branch pointed out that on the supply side, the first-line enterprises and specialized enterprises reduced the operating rate again; Demand, the whole industry chain price - cutting terminal malaise.

• Silicone

A groundbreaking ceremony for Jiangsu Fengshan Group Co LTD's Hubei Fengshan New materials project was held at Baiyang Industrial Park in Yichang High-tech Zone, Hubei province, on Dec 20.

• new material

On December 19, Chongqing Three Gorges Paint Co., LTD. (hereinafter referred to as "Chongqing Three Gorges" or the "Company") issued an announcement saying that according to the three-year action plan for state-owned enterprise reform.

• enterprise reform

On December 19, Lianhong Xinke released "Announcement on the investment and construction of new energy materials and biodegradable materials integration project of its holding subsidiary".

• new energy materials

A flame-retardant polyurethane insulation material produced by SK pucore, the polymer materials manufacturing division of SKC, has been approved by Korea's National Certification and Verification Agency.

• flame-retardant
• polyurethane

Sikka will open a new plant in Chongqing to produce liquid film and mortar.

• Sikka

The company signed the "Agreement of Intent to Purchase the Equity of Nantonglian Phosphine Chemical Co., LTD." with Changzhou Wujin Fine, Changzhou Wujin Shuiwen and Jiangyin Shuangma Chemical Co., LTD.

• Phosphine