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Resins & Coatings

News Review


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Global market insights from the 2015 Coatings Summit

PPG gave their expected growth rates for the period 2013-2018: Growth will occur across all regions (Asia Pacific 7%, Latin America 6%, Middle East and Africa 6%, US and Canada 3%, Europe 3%). Over the last 10 years, paint makers PPG, Akzo Nobel, Sherwin-Williams, Valspar and RPM recorded 9.2% growth - the highest rate anywhere in the value chain.
Carpoly Chemical Group, the largest Chinese paint manufacturer, gave an insider's view of the Chinese market: Local producers are catching up, but there are still challenges to overcome: ever stricter legislation, rising labour costs, integration of SMEs and a shortage of technical expertise.
BASF Coatings believe there is a huge potential in the Chinese automotive sector. Currently 86 out of every 1000 Chinese owns a car, while the corresponding figure for Americans is 918. These figures are worlds apart! But what if China were to catch up with Brazil (176 per 1000)? Then the number of cars on China's roads would hit roughly 120 million.
(European Coatings)

No consumer health risk from bisphenol-A exposure

EFSA's comprehensive re-evaluation of bisphenol A (BPA) exposure and toxicity concludes that BPA poses no health risk to consumers of any age group (including unborn children, infants and adolescents) at current exposure levels. Exposure from the diet or from a combination of sources (diet, dust, cosmetics and thermal paper) is considerably under the safe level (the "tolerable daily intake" or TDI).
After weighing up a significant body of new scientific information on its toxic effects, the CEF Panel concluded that high doses of BPA (hundreds of times above the TDI) are likely to adversely affect the kidney and liver. It may also cause effects on the mammary gland in animals.

CRAY VALLEY presents new polyolefin additives

Plastics formulation experts from Total Cray Valley (TCV) will be introducing a new class of Additives designed to improve polyolefin properties such as tensile strength, heat deflection temperature (HDT) and flexural modulus at the 2015 SPE International Polyolefin Conference
The ionomeric additives, a new class of truly novel additives, never before used in the market, part of Total Cray Valley's Dymalink series, have been tested and shown to improve tensile strength by 10 percent, HDT by 15 percent and flexural modulus by 30 percent without significantly adding weight.
(Coatings World)

STYRON changes name to TRINSEO

Styron announced it has changed its name to Trinseo, effective February 1, 2015. The name Trinseo comes from the word "intrinsic", meaning something is essential and belonging by its nature. The new company name reflects how Trinseo’s technologies and materials play an intrinsic role in the innovative and sustainable solutions that its customers require in developing the next generation of products.
The company will maintain the gold arrow icon in its new logo, along with its current color palette and tagline of "Materials. Powering Ideas". The company had previously changed the name of some legal entities; all legal entities around the world have now been renamed as Trinseo.

WACKER presents new polymers for high-performance adhesives

At European Coatings Show 2015 (Nuremberg, Germany, April 21-23), Munich-based chemical group Wacker will unveil new silane-terminated polymers for the formulation of industrial adhesives and for sealing flat surfaces.
Known as Geniosil XT, the new binder makes it possible to produce materials that are extremely tear-resistant and at the same time highly elastic. This combination of properties unlocks applications in automotive and mechanical engineering that were previously closed to silane-curing polymers. Geniosil XT 50 and Geniosil XT 55 are based on silane-modified polyethers with a high density of crosslinkable silyl groups which cure to a tight-mesh network that is very strong but elastic.
(Coatings World)

ARKEMA finalizes acquisition of BOSTIK

Arkema finalized the acquisition of Bostik. With this acquisition, the Group reaches a new milestone in its developmen. Bostik’s growth prospects and the complementarities identified between the two groups will sustain the success of this high value creating project.
In a steadily growing adhesives market, Bostik’s development drive and the synergies identified between the two groups will enable Arkema to continue strengthening its profile as well as its resilience to changes of the economic environment. With the acquisition of Bostik, Arkema fulfils a project that is perfectly aligned with its strategy to reinforce its position in specialty chemicals and further develop its High Performance Materials segment. Bostik, which will constitute a new business unit of this segment, holds leadership positions in most of its markets, has internationally recognized brands and technologies, and achieves around €1.5 billion sales with 4,900 employees in over 40 countries.

DOW presents new low-VOC resins

In step with green building trends in commercial and institutional architecture, Dow Coating Materials (DCM) introduced two new resin technologies for low and ultra-low VOC coatings this week during the 2015 SSPC Conference and Exhibition.
Manicote AEH Acrylic Epoxy Hybrid combines the weatherability and UV resistance of acrylics with the chemical resistance of epoxies for two-component (2K) concrete coatings. Expanding on its offerings for direct-to-metal (DTM) coatings, DCM also launched Manicote 4950 Acrylic Resin, an offering that combines three technical innovations in one binder, for high performance with less VOC.
Coatings are increasingly recognized as contributing to holistic green building design by helping enhance durability and protection properties. The use of natural lighting is a growing trend in green building that reduces the cost and carbon footprint associated with artificial lighting, said Leo Procopio, technical service group leader, Dow Coating Materials. In addition to lowering VOC to ultra-low levels, Manicote AEH Resin adds the UV resistance needed to fight the yellowing that occurs in daylighted interiors.
(Coatings World)

KRAHN Chemie is the new distribution partner of FERRO

In January 2015 the Hamburg-based Krahn Chemie Group has taken over the distribution of the specialty plasticizers of Ferro (Belgium) S.p.r.l. in the regions Germany, Austria, Switzerland, Benelux and Poland. Ferro is already a longstanding partner of Pietro Carini S.p.A. in Italy which has been part of the Krahn Chemie Group since April 2014. The subsidiaries ICH Benelux and Krahn Chemie Polska will develop the regions Benelux and Poland.

PPG increases silica production capacity

PPG Industries is increasing precipitated silica production capacity at its Delfzijl, Netherlands manufacturing location, by more than 15,000 tons per year, due in part to growing global demand for AGILON performance silica products. The expansion is expected to come online in 2016 and will help PPG meet growing demand for its silica products, including large-scale Agilon volumes tied to a new multiyear global supply agreement with a multinational tire manufacturer.
Agilon performance silica is a high-value technology platform of chemically-modified precipitated silica that can improve the performance of products in which it is used. It can also drive manufacturing efficiencies by reducing capital, improving throughput and reducing volatile organic compound (VOC) emissions.
(Coatings World)

LUBRIZOL acquires EcoQuimica

The Lubrizol Corporation has acquired EcoQuimica Industria e Comercio Produtos Quimica Ltda., a manufacturer and supplier of coatings technology for products sold into decorative paints, textiles, cement, elastomeric coatings and paper coatings. Headquartered in Paulínia, a municipality in the state of São Paulo, EcoQuimica (formerly under common ownership with Mercia Industria e Comercio Produtos Quimica Ltda.) will expand Lubrizol's performance coatings footprint in the Latin America marketplace.
(Coatings World)

Data on the Eastern European paint industry

IRL reports that the total market for paints and coatings in Eastern Europe was over 2.8 million tons in 2013, and is forecast to rise to more than 3.3 million tons by 2018. This is equivalent to an average annual growth rate of 2.7%.

Russia is by far the largest national market, accounting for approximately 54% of total demand. The Russian paints and coatings market is forecast to grow at a modest rate due to the slowdown of the Russian economy caused by a drop in oil prices, high interest rates and Western sanctions.
The second largest paint market of Turkey will enjoy the highest growth rate over the next few years, underpinned by increasing domestic demand for locally-manufactured goods and increasing income of the Turkish population. The growth in the demand for industrial wood coatings is influenced by the dominant market of Turkey, the furniture production of which is currently booming due to high domestic and international demand for Turkish-made furniture.
The most attractive opportunities for the supply of powder coatings in the East European region exist, predictably, in Russia and Turkey, where the demand for them is driven by their product advantages over their liquid analogues.
(Coatings World)

WACKER Chemie outlook for 2015

The 2014 financial results offer WACKER Chemie a carefully optimistic outlook for 2015.
But the polysilicon business creates big uncertainties: During 2014 WACKER spent EUR 40 million for the new start-up of their polysilicons plant in Tennessee/USA. But the rising costs of this move (expected to nearly double during 2015) will negatively impact WACKER's profitability. On the other hand, further contract terminations will bring compensation payments to WACKER (EUR 206 million, during 2014), as a lot of solar cell business customers decided to dissolve their contracts, due to the polysilicon price fall.
Last year the company produced and sold 51,000 tons of polysilicon. The plant in the U.S. and the elimination of bottlenecks in Germany will increase production to 80,000 tons per year. However, the raw materials prices for the production of solar modules have fallen slightly in recent weeks and months ahead, so no change in the solar business outlook is predicted.
WACKER invests now in facilities for finished chemical products that are much less capital intensive than the large plants they built over the past few years.
On the other hand, the U.S. President released his budget proposal for 2015, featuring $450 million spending for the Environmental Protection Agency. On renewable energy, the plan proposes to permanently extend a tax credit for wind energy and a tax credit for solar power, which together would cost the government $31.5 billion over the next decade.

Looking forward to ISO 14001:2015

The long-awaited revision of ISO 14001 is due out later this year. The new standard appears to be more challenging, with the key changes including:
- A stronger emphasis on truly embeddingg sustainability into the organisation and showing leadership.
- A life cycle perspective in procuremennt, design and delivery of products and services.
- Considering risks associated with threeats and opportunities of external conditions.
- Engaging with interested parties and oother communication.
- An emphasis on data quality and assuraance.
Of these changes, the two causing most discussion are leadership and life cycle perspective. Some are concerned about how difficult it will be to truly embed these. Of course, some elements of the new standard can be difficult to audit. Because of these challenges, some organisations may decide to discontinue their certification. However, those embracing the new standard will show their leadership, both internally and externally in the marketplace. Many environmental professionals view the new ISO 14001 as an improvement. It will demonstrate an organisation's real commitment and will be much more than a tick-box exercise or a management system on the side.

BASF increases bismuth vanadate production

BASF is going to significantly increase its production capacities of bismuth vanadate pigments in Besigheim near Stuttgart. The additional capacities will be available as of 2017. Bismuth vanadate pigments are yellow pigments with a special greenish color tone, that BASF markets under the Sicopal and Paliotan brand names. Customers use them for the formulation of paints, coatings and plastic coatings.
Bismuth vanadate pigments are a high performance inorganic alternative to pigments containing lead chromate, which, according to the EU chemicals regulation REACH, are classified as CMR substances (carcinogenic, mutagenic or toxic for reproduction).
(Coatings World)

Latin American coating makers unite

Aiming to strengthen their internal ties and their external clout, paint and coating makers across Latin America have formed a regional association based in Mexico. The Latin American region, with a population of 604,000,000, has a $9.2 billion coatings market, according to Sherwin-Williams, that cited figures from the International Monetary Fund.
The Federación Latinoamericana de Fabricantes de Pinturas (Latin American Federation of Paint Manufacturers) held its first official meeting Jan. 24 in Mexico City. The federation unites manufacturers and related companies from Brazil, Mexico, Argentina, Colombia, Uruguay and Ecuador. The federation uses the nickname LatinPin.
In 2013, market researcher IHS pegged the Latin American coatings market at an 8% annual growth rate through 2018, compared with rates of just 2-3% percent in the U.S. and 1.5-2.5% in Western Europe. Coatings World reported that 11% of all of AkzoNobel's 2012 revenues came from Latin America and quoted the company as calling the region of "nearly equal importance to North America for the company's operations". The region made up 9% of Sherwin-Williams global sales, 13% of RPM's, and 14% of DuPont's.

Symposium : Smart Coatings 2015

The event will be held 25-27 FEB at Orlando, FL, U.S.A. and updates on most recent emerging technologies and opportunities in coatings, functional polymers, processes and allied materials.
Its mission is to provide a global intellectual platform to present and discuss groundbreaking work, stimulate new ideas, identify critical problems, provide promising solutions, and assess possible roadmaps. The Symposium targets scientists, engineers, managers, innovators, and entrepreneurs.
(Smart Coatings)

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News are listed from various sources, as quoted above, aggregated by agents ANDRIANOS Chemicals, Athens, Greece.