Paint & Coating News

PPG Corporation (NYSE: PPG) announced that in order to optimize the leadership structure of the Industrial Coatings business unit, it has made the following personnel changes, which will be officially implemented on January 1, 2025:

Recently, the US Department of Commerce announced that it has made preliminary anti-dumping rulings on epoxy resins imported from China, India, South Korea, Thailand and Taiwan.

A Georgia recycling facility operator sued a battery manufacturer for mishandling lithium-ion batteries that led to a fire at a recycling facility, resulting in a $31 million judgment. Metro Site Fabricators filed a lawsuit against SK Battery America for

PPG has completed the sale of its Silica Products business to QEMETICA, a privately held manufacturer of soda ash, silicates and other specialty chemicals based in Warsaw, Poland, for approximately $310 million in pre-tax proceeds.

• PPG
• QEMETICA

Dow and Guangdong Delian Group signed a memorandum of understanding at the 7th China International Import Expo.

• Dow
• Delian Group
• PCR resin

Haldia Petrochemicals Limited (HPL), a major Indian petrochemicals industry player, has signed a licence amendment with Lummus Technologies to expand phenol production capacity at its upcoming phenol and acetone plant in Haldia, West Bengal.

• Haldia Petrochemicals Limited

Shell plans to sell its Singapore plant and other related assets to Indonesia's Chandra Asri and Glencore Group, with the deal expected to close in the first quarter of 2025, a Shell spokesperson announced.

Recently, Japan's Asahi Kasei Corporation announced that in the first half of the fiscal year 2024 to 2025 (i.e. from April to September 2024), the company achieved net sales revenue of 1.49 trillion yen, an increase of 10.7% over the same period last yea

Recently, Sumitomo Chemical Corporation announced that thanks to sales revenue growth of about 5%, the first half of the fiscal year 2024-2025 ended September 2024, the company recorded a net loss of 6.5 billion yen, compared with the net loss of 76.3 bil

According to a report by Reuters, on November 20, 2024, oil industry giant ExxonMobil announced that it had signed a non-binding memorandum of understanding with battery module manufacturer LG Chem for lithium supply. It is reported that this is the compa

DHL Express and global energy giant Shell have signed a partnership agreement to jointly promote sustainable air freight at Brussels Airport. The one-year agreement involves the transport by pipeline of 25,000 tonnes of sustainable aviation fuel certified

Shepherd Color Company announces the continuation of a more than $40 million facility upgrade project in Cincinnati, Ohio.

• Shepherd Color

Honeywell has agreed to sell its Personal Protective Equipment (PPE) business to Protective Industrial Products (PIP), a portfolio company of Odyssey Investment Partners, in an all-cash transaction valued at $1.325 billion.

• Honeywell

On November 20, 2024, BASF announced that it had signed a memorandum of understanding with Shenergy (Group) and Shanghai Shenji Environmental Technology Co., LTD. (hereinafter referred to as "Shenji"), a subsidiary of Shenneng (Group) Co., LTD. (hereinaft

South Korea's Hyosung Chemical has hit a snag over its plan to sell its specialty gases business to optimize its financial structure. Negotiations between the two sides failed to achieve the expected results due to the failure to reach a consensus on pric

On November 14, 2024, the official website of BASF announced two key personnel changes:

Elkem has announced its financial results for the third quarter of 2024. The report shows that Elkem's EBITDA (earnings before interest, tax, depreciation and amortization) in the quarter reached 1.235 billion Norwegian kroner (about 802 million yuan), th

Recently, the price of raw sulfur has continued to rise significantly, and both imported and domestic products have shown a remarkable growth trend. Up to now, the price of sulfur at the Yangtze River port has risen by 260 yuan/ton from the beginning of t

The European Council for the Industry of Paints, Printing Inks and Artists' Pigments (CEPE) has issued an urgent appeal to its member states, urging them to oppose the European Commission's proposal to impose anti-dumping duties on imports of titanium dio

Syensqo, a science-based company focused on developing breakthrough solutions to support customers’ sustainability goals, has launched Aquivion N+ 125D, a fluoropolymer produced using Syensqo’s proprietary new NFS technology.

• Syensqo