Paint & Coating News

According to RBC UKRAINE, on August 26, chemical companies in China and Saudi Arabia have decided to suspend the supply of isocyanate (MDI) to Russia.

According to the authoritative report of China Trade Remedy Information Network, on August 24, 2024, the Ministry of Trade of Turkey officially issued the Announcement No. 2024/24.

Nouryon has announced a strategic distribution agreement with Brenntag Specialties, a global market leader in chemicals and ingredients distribution, to bring Nouryon’s cleaning portfolio to Mexico.

• Nouryon
• Brenntag

BASF will stop the production of adipic acid, cyclododecanone (CDon) and cyclopentanone (CPon) at the Ludwigshafen site.

• BASF

PPG, a global leader in paints, coatings and specialty materials, announced on August 29 that it will sell its silica products business to QEMETICA, a privately held manufacturer of soda ash, silicates and other specialty chemicals.

• PPG
• QEMETICA

Wanhua Chemical has launched a 48,000-ton annual citral production facility in Yantai. All processes have been successfully put into trial operation and qualified products have been smoothly produced.

• wanhua chemical
• citral

Indian Ministry of Commerce and Industry issued a notice on August 14, which made a positive final anti-dumping ruling on epichlorohydrin products from China, South Korea and Thailand.

The cumulative profits of industrial enterprises above designated size in China reached 4,099.17 billion yuan in the January-July period, up 3.6% from the same period last year, according to data released by the National Bureau of Statistics on Monday.

Arkema, a leader in specialty materials, has achieved a new milestone on its sustainable development journey with the ISCC PLUS certification for its Nansha plant in China.

• Arkema

BYK has appointed Hecckem Kimyevi Mad. İth.İhr.A.Ş (Hecckem) as the authorized distributor for the coating additives business in Azerbaijan, effective August 1, 2024.

• BYK
• Hecckem

Wanhua's Yantai Industrial Park 750,000 tons/year PDH and other units have been shut down for maintenance since August 25, 2024, and the maintenance is expected to take about 45 days.

• Wanhua

BASF Coatings Division officially opened a new Application and Technology Center in Jiangmen, China.

• BASF

Omya announces a distribution agreement with TIB Chemicals Corporation in the United States.

• Omya
• TIB Chemicals

In addition to the high-profile MDI, recently, a number of chemical companies announced parking maintenance, resulting in the suspension of the production of dozens of chemical products such as DMF, PVC, and phthalic anhydride, affecting about 10 million

The recent series of events in the global MDI industry has made the market's expectations of rising prices of MDI products continue to increase, and industry experts generally believe that this phenomenon may have a profound impact on the Chinese MDI mark

On August 22, Japan's JERA Co., Ltd. and Lotte Fine Chemicals signed a joint cooperation agreement to realize a low-carbon fuel value chain.

• JERA
• Lotte fine chemicals

According to Report Ocean, the global synthetic latex polymers market was valued at approximately USD 40.6 billion in 2023 and is expected to grow at a healthy growth rate of over 5.5% during the forecast period of 2024-2032.

• synthetic latex polymers

Qemtex Chemical Holding announced the launch of its new powder coatings plant in the UAE. Located in the Umm Al Quwain Free Zone, the plant produces a variety of products, including architectural, industrial and professional powder coatings.

• Qemtex

PPG announced on August 26 that it has completed the upgrade of its industrial coatings plant in Yen Phong, Bac Ninh Province, Vietnam, and expanded its production capacity.

• PPG

Infinium and Borealis have entered into an agreement to produce low-carbon footprint plastics created from waste carbon dioxide (CO 2) that would otherwise be emitted into the atmosphere.

• Infinium
• Borealis