Paint & Coating News

On May 24th, Yunnanguo Titanium Equity cooperation signing ceremony of Longbai Group subsidiary was held in Kunming.

• equity cooperation

AkzoNobel NV plans to acquire 100% of Valspar Coatings Holding Co., Limited, it has been disclosed. Valspar Coatings is a company that produces architectural coatings mainly in China.

• AkzoNobel

On the morning of May 23, a fire and explosion occurred in a spray paint factory in Beitu Town, Yangdong District, Yangjiang City, Guangdong Province.

• burst

Akzo Nobel has launched a new type of BPA-NI (Bisphenol A non-intent) * inner coating Accelshield 700 for beverage can lids, helping metal can factories and roll coating factories accelerate the transformation process without bisphenol.

• inner coating

Dow Chemical plans to close its propylene oxide (PO) plant in Freeport, Texas, by the end of 2025, people familiar with the matter said on May 16.

• Dow

BASF has announced that it will invest in the production of waterborne negative adhesives to support the lithium-ion battery industry by transforming two existing dispersion plants in Jiangsu and Guangdong provinces.

• BASF

Arkema, a specialty chemicals producer based in Paris, France, announced the acquisition of Polytec PT, a German company focused on the production of thermal interface materials for batteries and engineering adhesives.

• Arkema

Lighthouse COATING South PORT PROJECT is a key project in Tianjin, with a total investment of about 427 million yuan, covering an area of about 70,000 square meters.

• lighthouse

Shell had to temporarily shut down its new plant in Monarca, Pennsylvania, because of problems with incineration and wastewater treatment.

• Shell

Dawn polymer new material project has been put into production. Non-public offering project 120,000 tons/year fully biodegradable plastic PBAT project phase I 60,000 tons is currently in the pilot production stage.

• dawn

Asian Paints Reports 4Q, Full Fiscal Year 2023 Results

• financial results
• fabrics
• decorative lighting

LANXESS announced that it has developed a tool that can automatically calculate the carbon footprint of the group's products - product Carbon Footprint Engine.

• Lanxess

Trinjuo announced the official opening of its polycarbonate (PC) dissolution pilot plant in Ternewsen, the Netherlands, on April 5, 2023.

• Polycarbonate

In April, the value added of industrial enterprises above designated size rose 5.6 percent year-on-year in real terms, while it fell 0.47 percent month on month, according to data released by the National Bureau of Statistics on May 16.

• industrial size

Data released by the National Bureau of Statistics on May 16 showed that from January to April, China's fixed asset investment increased by 4.7% year on year to 1.478.2 trillion yuan.

• fixed asset

Recently, the Ministry of Emergency Management held a special press conference on the 2023 action of national special investigation and rectification of major accident hidden dangers in Beijing.

• emergency management

In the context of the global economic recession, the decline in production and sales of chemical products combined with the decline in price, enterprises have difficulties, a number of losses.

• economic circle

Chemical and Engineering News released the 2023 Top 50 U.S. Chemical Companies report based on 2022 financial results.

• Chemical Industry

Recently, Jotun paint major shareholder Orkla disclosed the first quarter of 2023 operating results. Jotun continued its strong sales growth in the first quarter of 2023.

• jotun

Ethylene glycol and styrene options were listed on the Dalian Commodity Exchange at 9 o 'clock TODAY (May 15) AFTER THE CSRC agreed to register.

• Ethylene Glycol