Paint & Coating News

Once LG's facility in South Korea, which will be the first in Asia to use HydroPRT technology, LG Chem plans to examine the potential to build more sites.

• plastic
• recycling
• Plastics

Yuntianhua intends to raise funds of no more than 5 billion yuan from no more than 35 specific investors, including the company's controlling shareholder Yuntianhua Group, to increase the battery material project.

• energy battery
• battery

Given the continuing difficult situation in the sector, VCI maintains its forecast for a 5.5% decline in production for the full year 2022, with chemical production (excluding pharmaceuticals) expected to decline by 8.5%.

• quarter revenue

Ethylene glycol valuation is low, there is still a large space for profit repair in the later period, but the demand under the influence of the epidemic continues to be sluggish

• Ethylene Glycol

Today's US dollar market PTA price is -10 compared with the previous working day, and the PTA US dollar cargo offer is 790-810. (Unit: USD/ton)

• US dollar
• PTA
• price

Standard & Poor's Global released the "Construction Chemicals Report".

• chemicals
• construction

Notice on Further Improving the Use of Raw Materials Not to Be Included in the Control of Total Energy Consumption

• raw material
• new material

The environmental assessment of the planning of the chemical industrial park of Guanyun County Lingang Industrial Zone successfully passed the expert review.

• chemical industrial park

Huitian New Materials (300041.SZ) issued an announcement that the company plans to invest about 39 million yuan in a new polyurethane automated production line with self-financing.

• new material

Recently, the second phase (50,000 tons) of the 200,000 tons/year battery material grade iron phosphate project of Longbai Group Co., Ltd. was completed and put into operation.

• Longbai Group
• battery material
• iron phosphate

The bankruptcy reorganization plan of Qixiang Group, the company's holding shares, had been approved by the Zibo Middle Court, and the bankruptcy reorganization process entered the execution stage.

• new material
• cedar

China is a major destination for Uruguayan meat exports.

• import expo

Huiyun titanium industry to each type of titanium dioxide price increased 800 yuan per ton

• Titanium Dioxide

Jiangnan Chemical announced that in order to optimize the debt, Dun 'an Group would sell 318 million shares of Jiangnan Chemical held by itself and related parties through the way of agreement transfer.

The value-added of industrial enterprises above designated size increased by 5.0% year-on-year and 0.33% month-on-month in October, according to data released by the National Bureau of Statistics on Nov. 15.

• chemical raw materials and products

The completion ceremony of Xinhai Chemical New Materials Complex and the groundbreaking ceremony of Aokai Petrochemical high-end composite Complex were held in Hebei Xinhai Control Group Co., LTD.

• chemical materials

According to monitoring shows that a number of enterprises have announced parking maintenance, involving PTA, polypropylene, ethylene glycol, polyester, BDO and other industrial chains.

• parking maintenance

The "2022 International (Guangzhou) Paint Industry Exhibition & Paint Raw Materials Conference", which was scheduled to be held in Guangzhou Poly World Trade Expo from November 2-4, 2022, will be postponed.

• delay of 2022 International Coating Industry Exhibition

The recent decline in the market and some areas to stop the rebound, the overall market gradually bottomed out, and supported by the supply side, the new week holding low intention is not big, the overall push up the offer.

• phenol

Oyl Functional Materials Inc. announced that it has entered into an agreement to acquire a majority stake in Circular Polymers, a California-based producer of recycled materials.

• Alsund
• recycled materials