Paint & Coating News

On June 18, Zigong City and Ruibo Group held a matching meeting and signing ceremony for electronic chemicals and supporting projects in Chengdu.

• large scale
• high end

Colson shares issued an announcement on June 25, saying that it recently received the "Approval Reply on agreeing to the registration of Colson Waterproof Technology Co., Ltd. to issue convertible corporate bonds to unspecified objects"

• Colson
• bonds

National Bureau of Statistics Hunan Survey team recently released data: in May, Hunan industrial producer prices fell 2.5% year on year, the decline was 0.7 percentage points higher than the previous month.

• Raw Materials

Market research firm Grand View research has released a report stating that the global industrial coatings market is valued at $87.19 billion in 2022 and is expected to grow at a compound annual growth rate of 2.5% from 2023 to 2030.

• recovering

ABU Dhabi National Oil Company (ADNOC) has made a preliminary takeover offer for German chemical producer Covestro AG, according to people familiar with the matter.

• ADNOC

Pearlite pigment maker Global New Materials International is in talks to buy Merck's pigments unit, which is valued at €1 billion (HK $8.5 billion), Bloomberg reported, citing sources.

• Merck

On June 9th, the commencement ceremony of the 350,000 tons/year phenol acetone plant and 240,000 tons/year bisphenol A plant pile foundation project of Jilin Petrochemical Company's refining and chemical transformation and upgrading project was held.

• phenol acetone

June 9, Huanggang Municipal Bureau of Ecology and Environment accepted and publicized the environmental impact assessment documents of the New Xiangyun coal-based new material project.

• coal-based
• BDO

South Korea's SKC is planning to sell its polyols subsidiary SK pucore to a private equity firm, in a move to clean up assets to focus on chips and secondary battery materials.

• SKC
• polyols subsidiary

US Department of Homeland Security announced on June 9 (local time) a ban on imports from Chinese printer manufacturers Nstar and Xinjiang Zhongtai Chemical, citing the so-called "forced labor" involved in these companies.

• forced labor

Since the beginning of this year, Yingcheng Dongmafang Subdistrict office to "grasp the project, stable investment" as a key work to promote, a number of key projects into Xiaogan City five platform is in full flow of construction.

• water-based epoxy resin

Recently, Colsun Co., LTD. (or the Company) issued the implementation announcement of 2022 annual equity allocation.

• colsun

China Nuclear Titanium White announced that it signed a capital increase agreement with Zhaoqing Helinliya Technology Co., LTD and all its shareholders to increase the capital by 450 million yuan in stages.

• Titanium Dioxide

Shaoxing announced the general contract bidding announcement for the construction and installation of 300,000-ton/year propylene oxide and 250,000-ton/year hydrogen peroxide device of Yuanjin New Material Integrated alkane resource Utilization Project.

• Polypropylene
• Hydrogen Peroxide

Oems in the wood component industry focusing on kitchen and bathroom cabinet production can look forward to reduced costs, increased yields and efficient production thanks to Akzonobel's new PurStock range.

• Wood Coatings

US Department of Homeland Security announced on June 9 local time to ban the import of products from Chinese printer manufacturer Nasstar and Xinjiang Zhongtai Chemical, citing the so-called 'forced labor' involved in these enterprises.

• Printing
• Manufacturing

Guanhua Shares (001333) replied on the interactive platform that, regarding the company's development plan, the company will rely on the mature core technology system formed in the field of polyester resin for powder coatings over the years

• Powder Coating

From June 8th to 10th, Billionschem Group held "meeting + visit" investor exchange activities in colorful Yunnan and flower city Panzhihua.

• billionchem

On a month-on-month basis, the PPI fell 0.9 percent, 0.4 percentage points larger than the previous month.

• ppi

ANNUAL output of 50000 tons of water-based coating, 30000 tons of high solid environmental protection industrial coating, 50000 tons of powder coating, 20000 tons of putty ash construction project environmental impact report form

• water based coating