Paint & Coating News

AkzoNobel announced a groundbreaking achievement at its Mauá plant in Brazil, where innovative technology has successfully converted industrial wastewater treatment residues into eco-friendly coating materials, realizing a true circular economy.

Evonik has recently unveiled a comprehensive suite of Purocel™ products and catalyst technologies aimed at improving the quality of pyrolysis oil, thus promoting the circular economy in plastics.

Shell is reportedly evaluating the sale of its chemical assets in Europe and the United States, according to sources cited by The Wall Street Journal.

With the mechanical completion of a new production line in Map Ta Phut Industrial Park in Thailand, Covestro has further increased its global production capacity for polycarbonate (PC) specialty films.

• Covestro

On February 26, Lanxess announced the launch of its highly sustainable new Bayferrox yellow iron oxide pigment, which will be marketed under the Scopeblue label.

Shanghai BaoLong Automotive Technology Co., Ltd. and BASF (China) Ltd. signed a strategic cooperation agreement in Shanghai, aiming to push the boundaries of technology and products in automotive materials development and application.

Shell announced that its propylene oxide/styrene monomer (POSM) plant in Moorlaken, Netherlands has declared a force majeure due to technical issues, leading to production halts at the facility with an annual capacity of 210,000 tons.

Ashland has declared a price increase for its global 1,4-butanediol (BDO) and several solvent products, effective March 15, 2025, or earlier if permitted by agreements.

Abu Dhabi National Oil Company (ADNOC) and OMV Aktiengesellschaft announced a binding framework agreement for a significant merger involving Borouge plc and Borealis AG.

Sumitomo Chemical has announced a significant investment of ¥100 billion to expand its Osaka factory, focusing on advanced semiconductor materials.

TotalEnergies and Air Liquide have announced a significant investment of over €1 billion to establish two large-scale electrolyzer projects in the Netherlands.

Longi Green Energy Technology Co., Ltd. signed a €7.6 billion green hydrogen agreement with the Nigerian Federal Government and APPL Hydrogen Limited (AHL).

On March 3, 2025, Huntsman announced that its thermoplastic polyurethane (TPU) production facilities in Shanghai, China, and Osnabrück, Germany, have successfully obtained ISCC+ certification.

In a decisive move, the Canadian government has announced a comprehensive tariff package in response to what it deems unjustified U.S. tariffs.

The Abu Dhabi National Oil Company (ADNOC) is setting ambitious targets for growth in the chemicals sector following its recent merger with OMV AG’s chemical units, creating a $60 billion enterprise.

Sudarshan Chemical Industries, a leading player in the color pigments sector, has successfully completed its acquisition of Heubach Group, marking a significant milestone in its expansion strategy.

The National Petroleum and Chemical Company of Iran (NPC) announced that it will soon launch several new downstream petrochemical projects across the country.

• NPC
• Iran
• petrochemical

It is reported that the $11.5 billion fine chemicals and raw materials project led by Huajin Aramco Petrochemical Co., Ltd. (HAPCO) has reached a key milestone, with construction work close to 60%.

• Huajin Aramco

On February 25th, Covestro's subsidiary in China, Covestro Resin Manufacturing (Foshan) Co., Ltd., signed a significant investment and expansion agreement with the Shunde District People's Government.

Recently, Celanese announced a price increase on a range of products across multiple regions, including Asia, the Americas, Europe, the Middle East, and Africa.