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Evonik to expand production of precipitated silica at US site in Charleston by 50 percent
Evonik, one of the world’s leading silica producers, invests in a plant expansion for precipitated silica at its site in Charleston, USA. The new line in South Carolina is satisfying the high demand in particular from the tire industry in North America and makes the supply chains of Evonik partners in the region resilient by enabling local silica sourcing. Silica is a key ingredient for … Continue reading Evonik to expand production of precipitated silica at US site in Charleston by 50 percent
WACKER to Close 2023 Below Previous Year Amid Weak Market Environment
Wacker Chemie AG saw its year-over-year sales and earnings decline significantly in 2023 due to the ongoing weak market environment. According to preliminary figures, the chemical group’s sales totaled around €6.40 billion last year, 22 percent lower than in 2022 (€8.21 billion). This decline was prompted primarily by lower prices and volumes. Negative exchange-rate effects also impacted the development of sales. The Group’s preliminary earnings … Continue reading WACKER to Close 2023 Below Previous Year Amid Weak Market Environment
Researchers to develop hybrid superamphiphobic anti-corrosion and anti-icing coating
Corrosion and failure of metal materials has been a problem that researchers and engineers are eager to solve. Inspired by the lotus effect, biomimetic superhydrophobic materials with typical non-wetting properties at the interface have shown great potential in the field of corrosion protection. Although the anti-corrosion function of superhydrophobic materials has been confirmed by researchers at home and abroad, there are still many unresolved challenges in … Continue reading Researchers to develop hybrid superamphiphobic anti-corrosion and anti-icing coating
BASF increases prices for MDI in ASEAN and South Asia
With immediate effect, or as contract terms allow, BASF will increase prices for its Lupranate® MDI (Methylene Diphenyl Diisocyanate) basic products by $200 per metric ton in ASEAN and South Asia. Price adjustments are necessary due to higher raw material costs, as well as continued pressure in the cost of energy and regulatory efforts. Source: BASF Continue reading BASF increases prices for MDI in ASEAN and South Asia
BASF and Inditex make a breakthrough in textile-to-textile recycling with loopamid, the first circular nylon 6 entirely based on textile waste
BASF and Inditex jointly announce a breakthrough in their efforts for boosting recyclability in the textile industry. With the launch of loopamid®, a polyamide 6 (PA6, also known as nylon 6) made from 100 percent textile waste, BASF is providing the first circular solution for nylon apparel made entirely from textile waste. Zara has turned the material into a jacket made from 100 percent loopamid, available … Continue reading BASF and Inditex make a breakthrough in textile-to-textile recycling with loopamid, the first circular nylon 6 entirely based on textile waste
SONGWON to announce price increase and freight surcharge for Polymer Stabilizers and Coatings
Songwon Industrial Co., Ltd. announced today that it is implementing a price increase and adding a freight surcharge on its Polymer Stabilizers and Coatings products in response to the impacts on costs and lead times caused by the current global logistics situation. The price increase will be implemented with immediate effect and/or as contracts allow depending on the product and region. The level of freight … Continue reading SONGWON to announce price increase and freight surcharge for Polymer Stabilizers and Coatings
AkzoNobel to join major innovation program to solve societal challenges
More than 82 companies, businesses and social organizations – including AkzoNobel – are involved in a major Dutch research program focused on developing new technologies that will help solve some of today’s societal challenges. Seven broad consortia have been established as part of the government-funded “Perspectief” program, with AkzoNobel set to play a leading role in the SusInkCoat project, which will explore how to make … Continue reading AkzoNobel to join major innovation program to solve societal challenges
Arkema Aims to Improve EV Battery Safety with Foranext® Gaseous Thermal Barrier Concept
Arkema, a leader in specialty materials, announced that it intends to improve electric vehicle (EV) battery safety with the launch of the first-of-its-kind Foranext® Gaseous Thermal Barrier (GTB) line. This new GTB material is engineered to prevent battery thermal runaway propagation at the origin of battery fires. The industry has acknowledged the need for manufacturers to continue to develop solutions like immersion cooling fluids to safely improve … Continue reading Arkema Aims to Improve EV Battery Safety with Foranext® Gaseous Thermal Barrier Concept
BASF Group to release preliminary figures for full year 2023
Expected BASF Group sales for the full year 2023 of €68,902 million are below the range of €73 billion to €76 billion forecasted by BASF and below average analyst estimates for 2023 (Vara: €70,579 million). Sales in 2022 amounted to €87,327 million. Expected income from operations (EBIT) before special items of €3,806 million in 2023 is below the range of €4.0 billion to €4.4 billion forecasted by BASF and below … Continue reading BASF Group to release preliminary figures for full year 2023
Evonik launches high-performance phosphate methacrylate VISIOMER® HEMA-P 100
Evonik introduces VISIOMER® HEMA-P 100 to the market, a phosphate methacrylate monomer that is nonmigratory, and its effects are long-lasting. Incorporated by polymerization, HEMA-P provides transparent flame retardancy, improves adhesion, and reduces corrosion. It is an effective adhesion promoter and anti-corrosive agent. VISIOMER® HEMA-P can improve dispersibility and act as a complexing agent. VISIOMER® HEMA-P is versatile and may be used as a monomer for … Continue reading Evonik launches high-performance phosphate methacrylate VISIOMER® HEMA-P 100
Sun Chemical to launch SunLit® ProPace, the latest generation of vegetable oil based sheetfed process printing inks
Sun Chemical has launched SunLit® ProPace, the latest generation of vegetable oil based sheetfed process printing inks designed specifically for helping printers increase productivity in commercial publication and non-food packaging printing. Featuring excellent stability, fast setting, low misting, and low tack, SunLit ProPace is designed to run on a wide array of substrates including problematic paper and board. It is suitable for both high speed perfecting and … Continue reading Sun Chemical to launch SunLit® ProPace, the latest generation of vegetable oil based sheetfed process printing inks
Wanhua Chemical to Launch a New Waterproof Polyether Product
A new waterproof polyether product, WANOL® C2020E, has been launched by Wanhua Chemical. This model is identical for its low viscosity, flexibility, and eco-friendliness, making it ideal for waterproof coating industry. Low viscosity: WANOL® C2020E was developed based on the WANOL® C2020 series. It reduces viscosity without changing the polyurethane polymerization process, thus improves workability. Good elongation: WANOL® C2020E improves the flexibility of polyurethane and enhances … Continue reading Wanhua Chemical to Launch a New Waterproof Polyether Product
PPG to report fourth quarter and full-year 2023 financial results
PPG (NYSE: PPG) today reported financial results for the fourth quarter 2023. Fourth Quarter Consolidated Results $ in millions, except EPS 4Q 2023 4Q 2022 YOY change Net sales $4,350 $4,185 +4% Net income $90 $238 -62% Adjusted net income(a) $363 $286 +27% EPS $0.38 $1.01 -62% Adjusted EPS(a) $1.53 $1.22 +25% (a) Reconciliations of reported to adjusted figures are included below Chairman and CEO … Continue reading PPG to report fourth quarter and full-year 2023 financial results
Covestro and Encina to reach an agreement for a long-term supply of circular raw materials
Covestro, a global leader in high performance polymers, and Encina, a US-based producer of ISCC PLUS certified circular chemicals, reached a long-term supply agreement for chemically recycled, circular feedstock derived from post-consumer end-of-life plastic. Specifically, Encina will supply Covestro with benzene and toluene pending the completion of Encina’s world-scale production facility, anticipated to come online at the end of 2027. Building upon previous sustainable sourcing … Continue reading Covestro and Encina to reach an agreement for a long-term supply of circular raw materials
Evonik to increase production capacities for hydroxyl-terminated polybutadienes
Specialty chemicals company Evonik has begun work to expand its POLYVEST® HT plant in Marl, Germany. The Coating & Adhesive Resins business line expects the additional production capacity for its hydroxyl-terminated polybutadienes (HTPB) – marketed under the brand name POLYVEST® – to be ready as early as the second quarter of 2024 following the double-digit million-euro investment. “By expanding our operations, we will continue to … Continue reading Evonik to increase production capacities for hydroxyl-terminated polybutadienes
ALTANA to expand its global presence in the effect pigments business
The specialty chemicals group ALTANA has entered into an agreement to acquire the Silberline Group. The U.S. company specializes in developing and manufacturing effect pigments utilized in various applications, ranging from automotive coatings and printing inks to plastics, protective coatings, and packaged consumer goods. “The acquisition is further proof that we are sustainably implementing our strategy of generating value-creating growth through targeted acquisitions,” says Martin … Continue reading ALTANA to expand its global presence in the effect pigments business
PPG to review strategic alternatives for silica products business
PPG (NYSE: PPG), a global leader in paints, coatings, and specialty materials, today announced that it has engaged Morgan Stanley & Co. LLC as financial advisor to assist in a review of strategic alternatives for its silica products business. PPG’s silica products business, which operates within the company’s specialty coatings and materials strategic business unit, manufactures and supplies precipitated silica products to major manufacturers around … Continue reading PPG to review strategic alternatives for silica products business
Nouryon to complete 50% site capacity expansion for Levasil® colloidal silica in the US
Nouryon announced that it has completed a production capacity expansion of nearly 50% for its Levasil® colloidal silica products at its manufacturing facility in Green Bay, Wisconsin, US. The increase addresses rising demand for colloidal silica, particularly in North America, and strategically expands the Company’s global colloidal silica manufacturing footprint to serve both regional and global customers. “Growing demand for Levasil® colloidal silica, particularly in … Continue reading Nouryon to complete 50% site capacity expansion for Levasil® colloidal silica in the US
BYK Netherlands invests in new plant for solvent based wax dispersions
BYK Additives starts 2024 with a significant investment at the Deventer site in the Netherlands. On January 11, 2024, BYK Netherlands B.V. celebrated the groundbreaking ceremony for the construction of a new factory in Deventer, the Netherlands. The new production facility will manufacture solvent based wax dispersions and replace the current facility with a state-of-the-art process installation which will meet current as well as future … Continue reading BYK Netherlands invests in new plant for solvent based wax dispersions
Hempel launches leading intumescent coating estimation software
Hempel has announced the launch of HEET Dynamic, an innovative new coating software specially designed to make intumescent coating estimations on steel sections quicker, easier and accurate for structural engineers and estimators. Key messages Hempel Engineering and Estimation Technology ‘HEET’ Dynamic empowers users to make efficient and effective fire protection decisions quickly and easily, offering up to 10 times faster calculations, without consulting third party engineering … Continue reading Hempel launches leading intumescent coating estimation software
AkzoNobel and China’s Wuxi El Pont exploring use of electron beams to cure coatings
Electron beams are being explored as a potential alternative for curing coatings via a new partnership between AkzoNobel and China’s Wuxi El Pont Radiation Technology Co., Ltd. AkzoNobel’s Coil and Extrusion Coatings business has signed a strategic agreement with the hi-tech specialists to develop a pioneering process that uses electron beams to cure coatings on metal substrates. Dr. Kaj van Alem, Commercial Director of … Continue reading AkzoNobel and China’s Wuxi El Pont exploring use of electron beams to cure coatings
DuPont to Launch Printed Tedlar® PVF Solutions and PVF Coating at Taipei Building Show
DuPont announced that Coryor Surface Treatment Company Ltd. and Nippon Paint Taiwan have introduced a series of new offerings including printed Tedlar® PVF solutions and PVF coating in Taipei Building Show, the largest building materials exhibition in Taiwan. DuPont worked very closely with Coryor Surface Treatment Co. to launch the printed PVF film solutions featured at the show. This innovative PVF product made with Tedlar® is one … Continue reading DuPont to Launch Printed Tedlar® PVF Solutions and PVF Coating at Taipei Building Show
BASF to launch Irgastab® PUR 71, a cutting-edge antioxidant improving regulatory compliance and performance for polyols and polyurethane foams
BASF presents Irgastab® PUR 71, an innovative and advanced anti-scorch solution that not only ensures adherence to regulations but also offers exceptional performance. This premium solution has been formulated without aromatic amine, effectively addressing the limitations of conventional anti-scorch additives. With its superior environmental, health, and safety profile, this solution meets the increasing regulatory pressure on substance classification and sustainability in the industry. “Irgastab PUR 71 … Continue reading BASF to launch Irgastab® PUR 71, a cutting-edge antioxidant improving regulatory compliance and performance for polyols and polyurethane foams
PPG to open $17 million aerospace application support center in France
PPG (NYSE:PPG) today announced the opening of a $17 million aerospace application support center (ASC) in Toulouse, France. The facility provides filling and packaging capabilities for aerospace materials, including coatings and sealants for a wide range of aircraft, as well as technical support and a laboratory. The strategic location of ASC Toulouse enables the company to provide faster product deliveries to aerospace customers in southern … Continue reading PPG to open $17 million aerospace application support center in France
Arkema to acquire Arc Building Products in Ireland, specialized in construction adhesives and sealants
With the planned acquisition of Arc Building Products, Arkema will strengthen its position in Ireland’s growing construction adhesives market with a broader range of solutions and a local manufacturing footprint. The Irish manufacturer Arc Building Products specializing in tile adhesives, floor preparation systems, building chemicals and sealing & bonding solutions, has built a solid position in the Irish market, delivering first class system solutions with … Continue reading Arkema to acquire Arc Building Products in Ireland, specialized in construction adhesives and sealants
Arkema finalizes the acquisition of its 54% stake in PI Advanced Materials
Arkema finalized on 1December 2023 the acquisition of Glenwood Private Equity’s 54% stake in the listed South Korean company PI Advanced Materials (PIAM). This acquisition complements Arkema’s portfolio of high-performance technologies for the high-growth markets of advanced electronics and electric mobility. With more than 30% market share, PIAM, based in South Korea, is the global leader of polyimide films used in the high-growth and high … Continue reading Arkema finalizes the acquisition of its 54% stake in PI Advanced Materials
Covestro to strengthen sustainability and competitiveness of TDI production
With an annual capacity of 300,000 metric tons, Covestro has the largest TDI production plant in Europe in Dormagen. At the same time, it is considered one of the most modern TDI plants in the world. To further strengthen the sustainability and competitiveness of TDI (toluene diisocyanate) production for the manufacture of flexible foams in Europe, Covestro is investing a mid to high double-digit million … Continue reading Covestro to strengthen sustainability and competitiveness of TDI production
BASF to increase defoamer capacity at its Dilovasi plant in Turkey
BASF, a global leader in the supply of additives to the coatings industry, has announced the expansion of defoamer capacity at its Dilovasi plant in Turkey. The new production line increases the company’s capacity on site, allowing a better response to rising demand for high-performance Foamaster® and Foamstar® products in South-East Europe, the Middle East and Africa. By increasing its production capacity significantly, BASF will improve its … Continue reading BASF to increase defoamer capacity at its Dilovasi plant in Turkey
Covestro to offer a new aqueous and partially bio-based PU dispersion (34% bio-based)
Covestro offers a new aqueous and partially bio-based PU dispersion under the name Impranil® CQ DLU, which can be used to produce, among other things, trims for car interiors. © Covestro Climate protection requires the industry to gradually move away from petroleum and other fossil raw materials and instead use raw materials from renewable sources. That’s why Covestro is increasingly relying on alternative raw materials, … Continue reading Covestro to offer a new aqueous and partially bio-based PU dispersion (34% bio-based)
Researchers to develop self-cooling paint
July 2023 was the hottest month globally in recorded human history. Extreme heat waves not only threaten human health, but also create tremendous stress on our infrastructure such as power grids and outdoor equipment. There’s a growing need for affordable, energy-efficient ways to stay cool — and now researchers at SRI have developed a self-cooling, water-based paint that provides the ultimate in energy efficiency: It … Continue reading Researchers to develop self-cooling paint
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