Paint & Coating News

Biocoat Incorporated, a developer, manufacturer and applicator of hydrophilic coatings for medical devices, has been granted a patent for “Methods and Apparatus for Lumen Coating.”

• Biocoat
• Thermo-Hydrophilic coating

PSE Group, a provider of automotive refinish and specialty coatings solutions, announces the acquisition of RMS Pro Finishes, a provider of high-quality automotive refinish and related products.

• PSE
• RMS Pro Finishes

ABU Dhabi National Oil Company (ADNOC) is close to completing a comprehensive review of Covestro (1COV.DE), a move that marks a new stage in a potential deal worth up to 11.7 billion euros ($13 billion).

ICL, an internationally renowned specialist mineral company, has signed a five-year strategic cooperation agreement with Chinese agricultural distribution giant AMP Holding Group, valued at approximately $170 million.

According to media reports, South Korea's leading steel and battery materials producer POSCO Group, plans to invest in Tanzania's second largest natural graphite mine project.

The exploration and production (E&P) business of Wintershall Dea (excluding Russia-related activities) was transferred to Harbour Energy plc on September 3, 2024.

• Wintershall Dea
• basf

Arkema reorganizes its Executive Committee. Sophie Fouillat is appointed Chief Strategy Officer of the Group, succeeding Bernard Boyer who is retiring, effective October 1, 2024.

• Arkema

On August 29, PPG Industries, a leader in the global coatings industry, announced that after a thoughtful strategic review, it has reached an agreement to sell its silicon dioxide products business to QEMETICA Corporation for approximately $310 million.

On Friday, a U.S. federal court accepted a class-action lawsuit against 3M Co (MMM.N), Corteva Corp (CTVA.N) and Chemours Corp (CC.N).

China's state-owned oil and chemicals company Sinochem plans to sell its 40% stake in a US shale gas joint venture, valuing it at more than $2bn, according to a Reuters report.

Stahl has agreed to acquire WEILBURGER Graphics GmbH, a Germany-based manufacturer of water-based and energy-curing coatings for the graphic arts and packaging industries.

• Stahl
• WEILBURGER Graphics

Evonik has successfully sold its superabsorbents business to International Chemical Investment Group (ICIG).

• Evonik

Mitsui Chemicals has decided to exit the styrene-acrylic resin and polyester resin related business for toner binders, mainly involving the ALMATEX™ and ALMASTAR™ brands.

• Mitsui chemicals

On August 26, the official website of the Ministry of Emergency Management of China officially published the "Safety Management Standards for Fine Chemical Enterprises" (draft for comments)

BASF officially announced on August 29 that as an important part of the restructuring of the integrated site in Ludwigshafen, Germany, the company has decided to stop the production of adipic acid and its related downstream products at the site.

Recently, Evonik officially announced that the methionine MetAMINO production base expansion project located in Singapore has been successfully completed ahead of schedule.

AkzoNobel launches interior coating technology that is free of bisphenol, styrene, PFAS and formaldehyde.

• AkzoNobel
• AccelshieldTM 300

Lummus Technology, a global provider of process technology and value-driven energy solutions, announced that it has signed a contract with Silleno LLP for an ethylene unit that will form part of the first polyethylene plant...

• Lummus
• Silleno

PPG announced it has expanded its facility in Petaling Jaya, Malaysia, to produce nonstick coatings for cookware, industrial bakeware and low-friction applications.

• PPG
• low-friction coatings

Oriental Yuhong Waterproofing Technology Co., LTD. (hereinafter referred to as "Oriental Yuhong") held a groundbreaking ceremony for a new production research and development logistics base in Houston in Prairie View, Texas, USA.