Paint & Coating News

Between January and September this year, China's steel industry accumulated losses of a staggering $5 billion. At the same time, the oil industry's losses also widened, reaching $4.5 billion. The figures reflect the pressure on China's traditional commodi

On October 23, 2024, Invista announced an important decision to continue production of hexanediamine (HMD) at its facility in Orange, Texas, USA. The decision marks a major shift in Invista's business strategy.

On October 22, 2024, the Revenue Bureau of the Ministry of Finance issued Circular No. 22/2024-Customs(ADD). The circular details the final ruling of the anti-dumping investigation against Isopropyl Alcohol products from China by the Ministry of Commerce

Styrenics materials supplier Ineos Styrolution recently confirmed it will not restart its styrene monomer production plant in Sarnia, Ontario, Canada, which has been closed since April 2024.

• INEOS Styrolution

According to the Sunday Telegraph, Imperial Chemical Industries (ICI), a producer of paints, adhesives and specialty products, is rejecting a second takeover offer from its Dutch rival Akzo Nobel for £7.7 billion.

• ICI
• Imperial Chemical Industries
• AkzoNobel

On October 23, Mitsui Chemical Co., LTD., a well-known Japanese chemical company, officially made an important announcement. The expansion project of a diphenylmethane diisocyanate (MDI) production plant of its subsidiary Kumho Mitsui Chemical Co., Ltd. w

On October 22, 2024, Econic Technologies, a deep tech company in the field of renewable carbon, signed a far-reaching memorandum of understanding (MOU) with Romanian chemical giant Chimcomplex.

Dow Inc. announced today that it is conducting a strategic review of its assets in Europe, which account for about 20 percent of sales in the region. The evaluation focused on the polyurethane business. In addition, Dow Chemical plans to close its propyle

On October 8, 2024, Honeywell International Inc. (NASDAQ: HON, $222.35, Market cap of $144.4 billion) officially unveiled A plan to spin off its Advanced Materials division (SpinCo) into a separate U.S.-listed company. The plan is to divest shareholders

A federal recycling bill presented last month, billed as environmentally friendly, contains a wish list of deregulation and government aid for the plastics industry, rather than tough new rules to address the global plastics crisis.

Mitsui Chemicals announced that its subsidiary Kumho Mitsui Chemicals, Inc., has started operating an additional diphenylmethane diisocyanate (MDI) production facility in late September.

• Kumho Mitsui Chemicals

Henkel will invest a total of around €20 million in 2024 and 2025 to expand and modernize its adhesives plant in Bopfingen, Germany.

• Henkel

BASF is strengthening its styrene value chain at the Ludwigshafen site by increasing annual production capacity for Neopor by 50,000 tonnes.

• BASF
• Neopor

Recently, domestic policies have been frequently released, but the boost effect of these policies on the PVC market is not significant. From the fundamental point of view of PVC, the traditional consumption season is coming to an end, since October, due t

Anchoring the three major areas of biobased, energy transition and circular economy, Evonik has recently announced its new innovation strategy. The strategy will focus most of its R&D activities around three core innovation growth areas, biobased solution

According to the recent news released by the National Bureau of Statistics, through the monitoring of the market prices of 50 important means of production in nine categories in the country's circulation field, the results show that in the comparison betw

On October 22, 2024, Sherwin-Williams, a leader in the global coatings industry, announced its financial results for the third quarter ended September 30, 2024.

In the chemical market, a niche product called trimeric anhydride (TMA) has emerged, showing an unprecedented surge in the market, and has become a dark horse on the list of chemical market increases.

Arkema, a leader in specialty materials, is now exclusively producing ethyl acrylate made from bioethanol at its acrylic monomers plant in Carling, France.

• Arkema

To promote innovation and sustainability in the materials industry, Syensqo has entered into a partnership with the Jean-Marie Lehn Foundation.

• Syensqo
• Jean-Marie Lehn Foundation