Paint & Coating News

Recently, the 8-month-old Henan Baili New Material Co., Ltd.'s annual production capacity of 200,000 tons of water-based paint project will soon be put into production.

• water-based paint
• painting project

In 2021, the growth rate of China's neopentyl glycol production capacity will continue to maintain a high growth rate, and the total production capacity will break a record high of 500,000 tons, an increase of 10%.

• Painting&Coating
• neopentyl glycol

After many speeches from the country, the two-stage differentiation of the chemical market has become more serious!

• price speculation
• raw material plummet

Domestic demand is gradually recovering, exports are also showing a trend of increasing volume, and the acrylic ester market is rising moderately.

• Butyl Acrylate
• Acrylic
• N-butanol

China's refining capacity increased from 790 million tons/year to 890 million tons/year, an increase of 12.7%; ethylene capacity increased from 22 million tons/year to 35.18 million tons/year, an increase of 60%.

• ethylene capacity
• china ethylene

Recently, international crude oil futures ushered in a surge. As of the close of April 14, the price of light crude oil futures for May delivery on the New York Mercantile Exchange rose 2.97 US dollars to close at 63.15 US dollars per barrel

• oil price
• resin price

Since the second half of 2020, fluorine-containing raw materials have gradually come to the forefront. The market that has been relatively stable has also become popular with other chemical products.

• raw material soar
• fluorocarbon coating

Raw materials rebounded strongly, the market mentality was being restored, and the industrial chain inventory was low.

• isobutylene
• Acrylic
• neopentyl glycol

The crude oil market in April was not calm! International oil prices rebounded strongly by 4%! A strong boost to the chemical industry, it seems that a wave of upswing is about to begin again!

• crude oil
• chemical raw material

On the evening of April 7, 2021, Bohai Chemical announced that the company disclosed the "Announcement on the Routine Shutdown and Maintenance of the PDH Plant of a Wholly-owned Subsidiary of Tianjin Bohai Chemical Co.

• PDH production
• china chemical industry

On April 12, the Houthi armed forces in Yemen announced through the Masira TV station under their control that the Houthi armed forces launched 17 drones into Saudi territory on the same day

• painting raw material
• Saudi oil refinery

Recently, the leading titanium dioxide company Lomon Baili issued a price adjustment letter stating that starting from today (11th), the sales price of various types of titanium dioxide will be increased by 1,000 CNY/ton for domestic customers and 150

• Titanium Dioxide
• epoxy
• bisphenol A

At 16:37 on April 9, a fire broke out in the aromatics plant of Yangzi Petrochemical. The Nanjing Fire Command Center immediately activated the chemical fire disposal plan, and mobilized fire rescue forces to the scene as soon as possible.

• Yangzi Petrochemical
• aromatics plant
• PTA

Shandong Dongjia Group issued a price adjustment notice, saying that the domestic sales price will increase by 1,000 CNY/ton from the 7th.

• titanium dioxide

Recently, international oil prices have experienced a certain degree of correction. How will the downstream prices of liquefied petroleum gas be interpreted?

• LPG
• propane
• MTBE

Beginning in late March, three polypropylene (PP) producers in Southeast Asia all experienced unexpected situations, and successively closed their factories, further tightening the supply in the region.

• propylene production
• Asia orders
• PP

In the long run, downstream demand will be concentrated in the third quarter, and supply is not expected to increase significantly, and the methanol market may reverse its weakness relative to other chemicals.

• Methanol

LANXESS has expanded its Colortherm Yellow pigment series for heat-resistant high-performance plastics. Two new inorganic yellow pigments are now on the market, namely Colortherm Yellow 5 and Colortherm Yellow 26.

• LANXESS
• pigments
• polymers

According to the ICIS website on March 30, as the Gulf Coast's production recovered from the interruption caused by the winter storm in mid-February, the US March propylene contract settlement price for most market participants dropped 18.5 cents/ Pounds

• propylene price

At the end of March, Wanhua Chemical and Huntsman announced the market listing prices of polymerized MDI and pure MDI respectively. While Wanhua Chemical lowered its listing price, Huntsman kept its price unchanged from March.

• Wanhua chemical
• MDI
• Huntsman