Paint & Coating News

Following the sale of China's Huarun architectural coatings business not long ago this year, international coatings giant Sherwin Williams once again sold its assets in China.

• Sherwin Williams

the Chinese company Kingfa Sci.& Tech.Co.,Ltd obtained a project titled "An epoxy resin modified polyformaldehyde, polyformaldehyde composition and its preparation method and application."

• Kingfa

Data released by the National Bureau of Statistics of China on December 15 showed that in November, the added value of China's industrial enterprises above designated size actually increased by 6.6% year-on-year, and increased by 0.87% month-on-month.

• china chemical industry

Austrian multinational petrochemical company OMV Group and chemical raw material manufacturer Synthos announced the signing of a memorandum of understanding for cooperation, with a special focus on the supply of sustainable raw materials that can be used

• OMV
• Synthos

After a one-year construction cycle, Wanhua Chemical's 50,000 tons/year water-based resin project in Wanhua Ningbo Daxie Island Intelligent Logistics Park (Weier Park) in Ningbo Daxie Development Zone was completed and successfully put into operation.

• wanhua chemical

On December 12, global coatings giant PPG announced that the company’s Aerospace Application Support Center (ASC) with an investment of US$17 million (approximately RMB 122 million) opened in Toulouse, France.

• PPG

Danish shipping group Maersk and Japan's Mitsubishi Gas Chemical will build Japan's first green methanol supply base in the port of Yokohama in southwestern Japan, an emerging fuel that will help decarbonize the shipping industry.

• Mitsubishi
• Maersk

Recently, DuPont announced that it cooperated with Coryor Surface Treatment Company and Taiwan's Nippon Paint, and launched a series of new products at the Taipei Architecture Show, including printed Tedlar PVF solutions and PVF coatings.

• DuPont
• nippon paint
• PVF coatings

International consulting company Orr&Boss provides a global coatings market report for 2023-2024. The report states that the global coatings market has been struggling to achieve sales growth this year. In the wake of the COVID-19 pandemic, the global

• global coatings market

Recently, the 2023 Dongying City Investment Project Centralized Signing Ceremony was held in Shanghai. The "High-End Resin and New Environmentally Friendly Antifouling Coating Project" was successfully signed at the meeting. The project plans to

• EcoWave
• Antifouling coating

Recently, special rubber giant Arlanxeo announced that it is increasing the production capacity of HNBR (hydrogenated nitrile rubber) special materials by strengthening the production technology of its plants in Orange, the United States, and Leverkusen,

• Arlanxeo
• HNBR

Recently, Mitsui Chemicals said at a press conference to introduce its operating conditions to investors that as part of its business restructuring efforts, the company is considering reducing its domestic phenol business and optimizing Japan's domestic e

• Mitsui chemicals

Following the acquisition of Eastman's Texas City plant for $500 million, on December 8, 2023, Ineos took over LyondellBasell's ethylene oxide business, and the production plant in Bayport, Texas, at a cost of approximately $700 million.

• Ineos
• LyondellBasell

Chemical giant BASF announced last week that three large divisions will be separated from the company's original structure and transformed into legally independent units.

• BASF

In October, ExxonMobil, the largest U.S. oil producer, announced it would acquire shale oil producer Pioneer for $59.5 billion in stock. Recently, the U.S. Federal Trade Commission (FTC) is investigating this huge transaction to clarify whether it constit

• ExxonMobil
• Pioneer

On December 7, 2023, according to an announcement from the State Intellectual Property Office of China, Wanhua Chemical Group Co., Ltd. applied for a project called "a silicone polymer, preparation method and application in release agent."

• wanhua chemical

In order to further strengthen the sustainability and competitiveness of TDI (toluene diisocyanate) production in European flexible foam production, Covestro will invest millions of dollars in the modernization of its Dormagen production plant until 2025.

• Covestro

On December 3, 2023, Umicore, a recycling materials technology company headquartered in Belgium, held a groundbreaking ceremony for its new large-scale fuel cell catalyst factory in Changshu, Jiangsu Province.

• Umicore
• Fuel cell

Recently, revolutionary software jointly developed by AkzoNobel’s powder coatings business and coatingAI is using artificial intelligence to help customers improve their application processes and reduce their carbon footprint.

• AkzoNobel

December 6, 2023 – Chemical giant Clariant announced the closure of its sunliquid® bioethanol manufacturing plant in Podari, Romania, and the reduction of related activities in the German biofuels and derivatives business line.

• Clariant