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Home > News > Paint & Coating News > First quarter performance report: new water-based projects in many places

First quarter performance report: new water-based projects in many places

ECHEMI 2020-04-21

The 2020 China International Coatings Conference, hosted by China Coatings Industry Association, was officially launched on April 9-10, 2020 in the form of online live broadcast. Focusing on the theme of "innovation driven, high-quality development", the conference will analyze the latest policies in depth and scientifically judge the economic trend We should focus on the operation of the industry, release the authoritative data in a big way, see through the global coatings, carry out green manufacturing in an all-round way, help to guide the docking of industries, face challenges and seek opportunities, and strive to present the essence of the conference.


According to the data of British market research company technavio, the global wood furniture paint Market (including solvent based, water-based, UV curable and powder coating) is expected to grow by USD 1.96 billion (CAGR: + 6.17%) from 2019 to 2023. Industry insiders estimate that the global wood furniture paint market will increase to $4.4 billion by 2021.


Who will dominate the market of 2019 automotive OEM coatings?

According to acumen research and consulting's recently published report entitled "automotive paint and coating", from 2019 to 2026, the global automotive paint and coating market is estimated to grow at a compound annual growth rate of more than 4%, and reach a market value of about 28.4 billion US dollars by 2026.


PPG donates antibacterial coating to Shanghai Tongren Hospital

On April 10, 2020, PPG announced that it would donate more than 290 gallons (about 1100 liters) of PPG masters to Shanghai Tongren Hospital Gamma The paint is used for renovating the medical laboratory, fever clinic, negative pressure ward, disease control center and other indoor diagnosis and treatment places of the hospital.


Evonik launches a new combination of defoamers and dispersants for architectural coatings

With the launch of four new products, Evonik's coating additive business line can provide customers with a richer product mix for various coating formulations on the premise of ensuring product performance, so as to meet the demand of large-scale coating production. ——Trends of water-based domestic enterprises


Donglai coatings entered the science and technology innovation board and raised 431 million yuan for 10000 tons of water-based environmental protection automobile coatings and other projects


On April 10, the IPO of Donglai coating technology(Shanghai) Co., Ltd. science and technology innovation board was accepted by Shanghai Stock Exchange, and Oriental Citigroup acted as the sponsor. According to the company, 431 million yuan is proposed to be raised for the construction project of color cloud intelligent color system, 10000 tons of water-based environmental protection automobile coating and high-performance color paint (phase I expansion and technical transformation project) project, and supplementary working capital project.


Steel structure erection of main unit of water-based resin phase II project of China Chemical Engineering Corporation No.6


On April 3, steel structure erection of main unit of Wanhua chemical (Guangdong) water-based resin phase II project constructed by China Chemical Engineering No.6 Construction Co., Ltd. was completed. The project is located in Gaolan Port national economic and Technological Development Zone, Zhuhai City, Guangdong Province, with a total investment of 37.104 million yuan. The second phase of the water-based resin project is the expansion of the first phase of the water-based resin project. After being put into operation, the annual output of 100000 tons of green environmental protection water-based resin will be widely used in the production fields of coatings, adhesives, etc. China Chemical Engineering No.6 company has undertaken the civil engineering and installation works of the whole project.


The invention patent of "rtc-16 pure flavor film forming assistant" of Runtai Co., Ltd. was authorized


Recently, in the document information of China patent examination information query system, the invention patent of "a synthesis method of 2,2,4-trimethylpentylene glycol diester" (product brand rtc-16 pure flavor film forming assistant) of Runtai Co., Ltd. was authorized by the State Intellectual Property Office. Technology research and development related to this direction is a big step forward.

Disclaimer: ECHEMI reserves the right of final explanation and revision for all the information.

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