Paint & Coating News

Hempel released its annual report for 2024, showcasing a comprehensive overview of its operations, financial performance, sustainability efforts, and corporate governance.

Maritime and Port Authority of Singapore (MPA), in collaboration with the Enterprise Singapore (EnterpriseSG), released a new technical reference (TR 129) regarding methanol fuel bunkering.

On the evening of March 17, Wanhua Chemical released its earnings report for 2024, revealing a total revenue of ¥182.07 billion, marking a 3.83% increase year-on-year.

BASF and Sika have jointly developed a new amine-based building block for curing epoxy resins, which is now available on the market under BASF's Baxxodur EC 151 brand.

• BASF
• Sika
• amine-based building block

Germany’s largest proton exchange membrane (PEM) electrolyser has been put into operation at BASF’s Ludwigshafen site. With a connected load of 54 MW, the electrolyser can supply up to one metric ton of zero-carbon hydrogen per hour to the main plant.

• PEM
• BASF
• Ludwigshafen

A significant announcement has emerged from Zhang Wei, the acting charge d'affaires at the Chinese Embassy in Russia. He stated that China and Russia are in discussions regarding visa issues and are working to optimize their visa systems, potentially lead

Recently, the U.S. Trade Representative's Office (USTR) announced a comprehensive proposal targeting various sectors in China, including maritime, logistics, and shipbuilding.

On March 12, 2025, Lotte Chemical announced that it will supply recycled plastic materials for Samsung Electronics' latest smartphone, the Galaxy S25, marking a significant step in their collaboration on resource recycling systems.

LyondellBasell has announced plans to construct a new 400,000 ton/year propylene facility at its Channelview plant in Texas. The construction is set to begin in the third quarter of 2025, with production expected to start by the end of 2028.

Evonik has just unveiled its latest innovation, TEGO® Foamex 8420, a high-performance defoamer designed to expand its product line specifically for water-based formulations.

Nippon Paint (Guangzhou) Co., Ltd. issued its third price increase notification of the year, signaling the ongoing cost pressures facing the industry. As raw material prices continue to surge, freight costs rise, and environmental regulations tighten

The German Chemical Industry Association (VCI) has announced alarming news regarding the state of the chemical and pharmaceutical sectors in Germany.

On March 17, the National Bureau of Statistics revealed that China's fixed asset investment (excluding rural households) reached 526.19 billion yuan from January to February 2025, marking a 4.1% increase year-on-year.

On March 11, the German consumer goods giant Henkel released its 2024 financial results, with full-year sales reaching 21.586 billion euros, a nominal increase of 0.3% over the previous year.

• Henkel

Cosmo Specialty Chemicals, a wholly owned subsidiary of Cosmo First that provides one-stop solutions for a range of adhesives, masterbatches and coating chemicals, has announced the launch of its innovative COSEAL-601 heat seal coating solution.

• Cosmo Specialty Chemicals
• COSEAL-601
• heat seal coating solution

Mitsui Chemicals announced that its subsidiary, Mitsui Chemicals India, has established a coatings technology center in Gurgaon, Haryana.

• Mitsui Chemicals
• coatings technology center

On March 10, 2025, Ingevity announced the appointment of David H. Li as the new President and CEO, effective April 7, 2025.

On March 10, 2025, Daon Co., Ltd. held its 21st meeting of the fifth board of directors, where it approved the decision to terminate the investment in the biodegradable materials project.

On March 12, WACKER Chemie AG released its 2024 financial report, revealing a 11% decrease in sales, amounting to €5.7 billion. The decline is primarily attributed to falling prices of polysilicon, which significantly affected sales volumes.

Recently, the Indonesian Anti-Dumping Committee announced the initiation of a second sunset review investigation into Biaxially Oriented Polyethylene Terephthalate (BOPET) originating from China, India, and Thailand.