Paint & Coating News

Immediate steps are essential to safeguard the future of Grangemouth's industrial sector, as Falkirk news councillors express alarm following Ineos's announcement of the closure of its ethanol plant after over 40 years of operation. A motion addressing th

The chemicals industry is advocating for adjustments in customs duties in the upcoming Budget, particularly for products like Polyethylene Terephthalate (PET) and Polyvinyl Chloride (PVC). This move aims to reduce dependency on imports from China, the wor

Amid escalating trade tensions, President Donald Trump has threatened to impose 25% tariffs on goods from Canada and Mexico starting February 1. While much attention is focused on automobiles and consumer goods, the chemical industry is bracing for potent

The European Union is progressing towards a PFAS ban, as highlighted by EU Environment Commissioner Jessika Roswall in a recent interview with Reuters. However, this regulation may include specific allowances for critical industrial applications. The fina

Recently, Saudi Aramco, the world's largest oil company, announced plans to significantly increase its investment in lithium production, aiming to establish a robust supply chain for the lithium needed in electric vehicle batteries. Currently, approximate

On January 22, leading PPS manufacturer NHU (002001) announced an impressive 2024 earnings forecast, predicting a net profit attributable to shareholders between 5.8 billion and 6.2 billion yuan, marking a remarkable year-on-year growth of 114.48% to 129.

Toray Industries has developed a damping nylon resin that maintains the high-temperature rigidity and moldability of standard nylon while having four times the damping performance of butyl rubber and other conventional materials.

• Toray
• Nylon Resin

Johnson will acquire all outstanding shares of Intra-Cellular Therapies, a biopharmaceutical company focused on developing and commercializing treatments for central nervous system (CNS) disorders.

• Johnson & Johnson
• Intra-Cellular Therapies

The Mipa Group is strengthening its presence in Switzerland. As of June 30, 2025, Mipa Lacke + Farben AG in Kriessern and Mipa Coatings Schweiz AG in Islikon will merge, with retroactive effect from January 1, 2025.

• Mipa
• merge

Recently, Teijin Aramid, a subsidiary of Japan's Teijin Group, announced plans to close its aramid fiber production facility in Arnhem, Netherlands. This decision is part of a broader cost-cutting strategy necessitated by increased competition, particular

The global chemical market underwent significant changes in 2024. China's exports of bulk chemicals saw an increase, while imports declined. Conversely, Europe experienced a rise in chemical imports but a decrease in exports.

In 2024, Arkema marked a significant milestone by celebrating 40 years of development in China, gaining widespread media attention and industry recognition for its efforts in sustainability, niche markets, and corporate social responsibility. The company

Recently, the Yantai Huangbohai New Area held an economic work conference to review the achievements of 2024 and set tasks for 2025. Among the prominent companies discussed was Wanhua Chemical, Shandong's top publicly traded firm. Chairman Liao Zengtai ma

On January 17, JiuRi New Materials (688199) disclosed its 2024 earnings forecast, projecting a net loss attributable to shareholders of 46 million to 55 million CNY, compared to a loss of 96.14 million CNY in the previous year. The non-recurring net loss

Taiwan Mitsui Chemicals and NPC announced a collaboration to develop a market for biomass-based plastic products. Under this initiative, Nan Ya Plastics will purchase biomass-based acetone produced by Mitsui Chemicals and use it to produce BPA in Taiwan.

• Mitsui chemicals
• Taiwan
• Nan Ya Plastics

Trump issued an order on the 20th requiring the United States to resume processing export license applications for new liquefied natural gas (LNG) projects to increase U.S. energy production, while repealing the Biden administration's climate policy.

• LNG
• Trump

Investment firm Bain Capital is in talks to acquire Mitsubishi Tanabe Pharma, a unit of Japan's Mitsubishi Chemical Group, in a potential deal, according to people familiar with the matter.

• Bain Captial
• Mitsubishi chemical
• Mitsubishi Tanabe Pharma

Grupa Azoty and Orlen have agreed to continue working on the terms of a potential transaction whereby Orlen (or another entity designated by Orlen) would acquire all or part of Grupa Azoty’s current stake in Grupa Azoty Polyolefins, or otherwise invest.

• Grupa Azoty
• Orlen

On January 17, Rayitek released its performance forecast for 2024, indicating that the net profit attributable to shareholders is expected to incur a loss ranging from ¥53 million to ¥68 million.

In January 2025, major global suppliers of MDI and TDI announced price increases across the board. On January 15, Wanhua Chemical raised its prices for MDI and TDI in the ASEAN region by $200 per ton, effective immediately or as allowed by contract terms.