Paint & Coating News

Gansu Provincial Department of Industry and Information Technology, provincial emergency management department and other departments jointly publicized the list of chemical industry parks in Gansu Province, a total of 12 chemical industry parks through th

• Chemical Industry

Recently, Dow and New Energy Blue announced a long-term supply agreement in North America, in which New Energy Blue will use renewable agricultural residues to produce bio ethylene.

• Renewable material

On May 30, the opening ceremony of high performance coating project of Zhejiang Caihuang Fine Chemical Co., Ltd. was held in Dushan Port Economic Development Zone, adding strong momentum to Pinghu chemical industry.

• coating projects

Toray, Japan, announced the 2022 fiscal year, with gross revenue of 2.4843 billion yen ($17.879 billion), up 11.70% from 2.228.5bn yen in fiscal year of 2021.

• Toray

Recently, on May 22, Zhangzhou Gulei Port Economic Development Zone released the environmental impact assessment information of Sinopec Nanhua (Zhangzhou) New Materials Co., LTD.

• Sinopec

On Wednesday, copper futures on the Chicago Mercantile Exchange (COMEX) fell for a second day. Concerns about global growth and Chinese demand have prompted continued selling by speculative bears.

• copper

The global nickel market surplus will exceed 200,000 tonnes in 2023, up from about 120,000 tonnes in February and more than 180,000 tonnes next year.

• nickel

Recently, PPG's Electric Vehicles and Intelligent Mobility Innovation and Application Center (BPAC) in Tianjin, China was officially inaugurated and put into use.

• PPG

The surge in coal tar prices has had a significant impact on the downstream carbon black market, leading to price increases. As of May 29, the domestic N220 carbon black was priced at 8,666 yuan per ton.

• black carbon

From January to April, among industrial enterprises above designated size, the total profit of state-owned holding enterprises was 757.98 billion yuan, down 17.9 percent year on year.

• Chemical profitability

Huizhou New Materials Industrial Park signed 5 key projects again on May 25, with a total investment of about 3.6 billion yuan and an estimated output value of about 12.3 billion yuan.

• chemical project

Chemours has entered into an agreement with Zhejiang Juhua Group Co., Ltd. to produce additional HFO-1336mzzZ.

• Chemours

On May 29, the environmental impact assessment of the integrated Phase III carbon value chain expansion project of Yangzi Petrochemical and BASF Co., Ltd. was first published.

• BASF

On May 27, the digital color laboratory jointly built by Chery Automotive and PPG, the world's leading automotive coating supplier, was officially unveiled at Chery Automotive Test and Technology Center.

• digital paint

The listing price of pure MDI is 23,300 yuan/ton (500 yuan/ton higher than the price in May).

• Wanhua

PPG has announced a four-year agreement with Central Ohio's fourth largest residential builder, Fisher Homes, under which Fisher Homes will exclusively provide PPG paint products to customers in Ohio, Kentucky, Indiana, Missouri, and Georgia.

• coating product
• home coating

In order to maintain competitiveness in today's rapidly changing economic and geopolitical environment, OQ Chemical is implementing a two-year cost savings plan, which includes organizational restructuring and layoffs in Germany.

• Cost-Cutting

Wanhua Chemical has become the first enterprise in the world to obtain the TuV SUD certification of polyurethane announcement material for photovoltaic module composite frame.

• Wanhua

Zhongchuang Chemical was founded in 2005, with the core business of production, research and development and sales of new environmentally friendly solvents.

• Butyl Acetate

"We are proud to introduce this transparent front panel film to our current and potential partners in the PV industry at SNEC," said Raymond Peng, Global President of dupont Tedlar®.

• DuPont