Paint & Coating News

The titanium dioxide industry is experiencing its first price surge of 2025, triggered by the EU's imposition of anti-dumping duties on Chinese exports.

On February 5, Sinopec successfully completed the deployment of DeepSeek within a domestically developed computing environment and began a phased internal rollout.

Recent data indicates that Vietnam's GDP growth for 2024 stands at an impressive 7.09%, reflecting the nation's robust economic performance.

Polyplastics, a leading global engineering plastics company, has launched Plastron LFT RA627P, an environmentally friendly composite material composed of polypropylene (PP) resin and long cellulose fibers.

• Polyplastics
• Plastron

The Indian Ministry of Commerce’s Directorate General of Trade Remedies (DGTR) recently recommended imposing anti-dumping duties of $460 to $681 per ton on titanium dioxide imports from China.

• DGTR
• Titanium Dioxide
• India
• China

Switzerland-based Coperion K-Tron, a leading global provider of feeding and pneumatic conveying technology solutions, has announced that it will expand its test center at its facility in Niederlenz.

• Coperion K-Tron

LYB has announced a net loss of $603 million for the fourth quarter of 2024, translating to a loss of $1.87 per share.

According to the China Minmetals Chemical Import and Export Chamber, the Chinese chemical industry experienced a positive trade growth in 2024, driven by a recovering global economy and rising trade demand.

Recently, BASF, a major player in the chemicals industry, announced the sale of its insulation brand Styrodur® and its food and health business.

Recent financial disclosures from major multinational chemical corporations highlight a challenging yet optimistic 2024. Despite ongoing economic hurdles, companies like BASF, Eastman Chemical, and Dow have shown resilience and strategic adaptations.

Lorama Group Inc., a leading supplier of colorant dispersions and bio-based additives, has acquired the colorant dispersion business of DCL Corporation.

• Lorama
• Monteith
• Waterfoot
• DCL

Novonesis has reached an agreement with its partner DSM-Firmenich to dissolve Feed Enzyme Alliance and take over its sales and distribution activities for a total cash payment of €1.5 billion.

• Novonesis
• DSM-Firmenich
• Feed Enzyme Alliance

ALPLA fully integrates its Egyptian plant into the Group by acquiring all shares of joint venture partner Taba. The global packaging and recycling specialist produces plastic bottles, preforms and closures for the North African and Middle Eastern markets.

• ALPLA
• Taba

Kuraray announces its decision to discontinue production and sales of KURARITY™ acrylic block copolymers.

• Kuraray
• KURARITY™
• acrylic block copolymers

This landmark regulation, effective from February 11, 2025, introduces a comprehensive ban on the use of PFAS in materials that come into contact with food and sets stringent standards for recycled content in packaging.

On February 11, the Ministry of Industry and Information Technology released production data for the plastic products industry for the year 2024.

AkzoNobel has officially concluded the bidding process for the sale of its Indian subsidiary's equity, with JSW Paints, backed by private equity firm TPG, and special chemicals manufacturer Pidilite Industries leading the bids.

On February 11, CNNC Dioxide Co., Ltd. (002145) announced a significant strategic partnership with Nippon Paint Holdings Co.

Legrand, the French electrical and digital infrastructure giant, is preparing for a financial hit of approximately $30 million due to the 10% tariff imposed by the U.S. on Chinese imports, according to CEO Benoît Coquart.

Univar Solutions has announced that it has acquired UK-based Brad-Chem Holdings and its affiliates.

• Univar Solutions
• Brad-Chem