Paint & Coating News

With the addition of BASF's MDI production site in Geismar, Louisiana, USA, to the ranks of ISCC PLUS and REDcert2 certified plants, BASF can now offer its global customers locally produced ISCC PLUS and/or REDcert2 certified isocyanates and polyamides.

• BASF
• isocyanates
• polyamides
• ISCC PLUS
• REDcert2 certified

Arya Chem, a chemical solutions provider, announced a partnership with DCL, a world-renowned manufacturer of color pigments, to become the exclusive distributor of DCL's premium color pigments in Canada.

• Arya Chem
• DCL
• pigments

Univar Solutions has entered into a new distribution agreement to sell a full range of biocides, preservatives and performance additives for a variety of industrial applications.

• Univar Solutions
• Arxada

Thenordicmark becomes the new partner of KANSAI HELIOS architectural coatings in the Czech Republic.

• Thenordicmark
• KANSAI
• HELIOS

DIC announced that two of its subsidiaries in India, DIC South Asia Private Limited in Mumbai and IDEAL CHEMI PLAST in Bhadrapur, have jointly established the DIC South Asia Private Limited Applications Lab.

• DIC

Perstorp has completed a transaction to acquire its minority stake in the joint venture Shandong Fufeng Perstorp Chemical, which owns and operates the Zibo site in China. Perstorp is currently the sole owner of the polyol manufacturing plant.

• Perstorp
• Shandong Fufeng Perstorp Chemical

PPG announced on March 5 that it is expanding its SPEEDHIDE® professional coatings series with the addition of SPEEDHIDE MAX™ coatings.

• PPG
• SPEEDHIDE

Sumitomo Chemical decided to transfer its shares in Sumika Color to Nippon Pigment Company Limited (Nippon Pigment) and signed an equity transfer agreement with Nippon Pigment. The transfer is scheduled to take place on April 30, 2024.

• Sumitomo chemical
• Nippon pigment
• Sumika color

DIC Corporation announced that its subsidiary Ideal Chemi Plast Pvt. Ltd. has opened a new production plant at Supa Japan Industrial Area, Maharashtra on February 15, 2024.

• DIC
• Ideal Chemi Plast
• coating resins

Evonik is selling its superabsorbents business to International Chemical Investors Group (ICIG). The purchase price was in the triple-digit million euro range. The agreement also includes placing ICIG on pension obligations.

• Evonik

ARLANXEO recently announced a new hydrogenated nitrile rubber plant in Changzhou, China. The plant has a designed annual production capacity of approximately 5,000 tons.

• ARLANXEO
• Therban®
• synthetic rubber

AkzoNobel has completed a major investment project at its production facility in Bac Ninh province, near Hanoi, Vietnam, which will help strengthen the company’s position in Asia and strengthen its sustainable manufacturing capabilities.

• AkzoNobel

Nippon Paint and TÜV Rheinland, an international independent third-party testing, inspection and certification organization, signed a partnership agreement during PV EXPO 2024.

• nippon paint
• TÜV Rheinland

Recently, according to the official account of the Spanish Commercial Office in Beijing, Chinese multinational company Wanhua Chemical will open an innovation center in Cornellà, Barcelona, in 2024.

• wanhua chemical

A few days ago, Shandong Province held an on-site promotion meeting for the construction of major high-quality development projects in the province in the spring of 2024.

• wanhua chemical

Origin Materials, a leading global carbon-negative materials company on a mission to help the world transition to sustainable materials, announced its fourth quarter and full year financial results for the year ended December 31, 2023.

• Origin Materials
• PET

Mitsui Chemicals announced that it will expand the production capacity of the xylylene diisocyanate (XDI) plant at the Omuta plant by 20%. The expansion is in response to growing demand for hardeners used in paints that are less susceptible to yellowing.

• Mitsui Chemicals
• XDI

BASF has strengthened its partnership with OQEMA, one of Europe's leading chemicals distributors, for BASF's standard amines portfolio (excluding ethanolamines in the UK and Ireland), effective January 1, 2024.

• BASF
• OQEMA
• amines

AkzoNobel has opened a new €26 million manufacturing facility with its own forest in Faisalabad, the company's largest investment in Pakistan to date.

• AkzoNobel
• Pakistan coating market

Printed electronics are key to improving the interconnectivity of products in diverse markets such as medical technology, the automotive industry and consumer electronics.

• Covestro
• smart film