Hello and welcome to your early week international coatings industry update, brought to you by SpecialChem. There are a bunch of deals coming down, a few chemical firsts and bio-route innovations in this issue - all in all par for the course for our industry. So let's start with some sustainability news.
AkzoNobel has underlined its commitment to driving improvements throughout its global supply chains by signing up to the Together for Sustainability (TfS) initiative. Founded in 2011, the purpose of TfS is to develop and implement a global audit program to assess and improve sustainability practices within the supply chains of the chemical industry. The company has joined forces with the six existing members - BASF, Bayer, Evonik Industries, Henkel, Lanxess and Solvay - with the aim of building on established principles such as the United Nations Global Compact and the Responsible Care Global Charter. "We already carry out extensive sustainability assessments in our own supply chains," explained Ton Geurts, AkzoNobel's Chief Procurement Officer. "But by integrating TfS into our existing strategy we will enhance our current processes and further improve the quality of our supply chains for the benefit of our customers."...more
In raw materials news, BASF will increase its annual capacity for manufacturing energy-curable binders - sold under the brand name Laromer® - and specialty monomers in Europe by beginning of 2014. Specialty monomers and energy-curable binders add value in many applications including coatings for furniture and flooring, inks and overprint varnishes as well as lacquers for coating plastic and metal substrates. The additional capacity will also allow BASF to expand its portfolio of energy-curable binders with new products that are key formulation ingredients for high performance inks and overprint varnishes serving the growing food packaging market. The capacity expansion reflects BASF's commitment to guarantee security of supply and will strengthen its position as a leading supplier of energy-curable binders and specialty monomers...more
Straight out of research, Evonik laboratory studies have shown that biotech methods can be used successfully to produce specialty chemicals from waste gas. For the first time, Evonik Industries has managed to use biotech methods to convert syngas to pure 2-hydroxyisobutyric acid (2-HIBA) under industrial conditions. 2-HIBA is a precursor used in the manufacture of PLEXIGLAS®. Waste gas is one example of a source of syngas. "We have shown that there is a safe way of using bacteria to turn syngas into a variety of products in the future," says Dr. Peter Nagler, Evonik's Chief Innovation Officer. In addition to 2-HIBA for the plastics industry, other products could include their derivatives for the cosmetics industry, or C4 alcohols for the paints and varnishes industry. Syngases are gas mixtures consisting primarily of carbon monoxide or of carbon dioxide and hydrogen. These gases can be generated from municipal or agricultural waste, or from the waste gases produced in industries such as steel production. Syngas has been used for synthesizing chemicals for decades. For the ability to convert carbon monoxide, carbon dioxide, and hydrogen into more valuable molecules, Evonik looked to bacteria from earth's earliest history-to a time when oxygen was not yet present in earth's atmosphere. Certain microorganisms today still contain the genetic information for these processes. Evonik has used their enzymes to create a cell factory that generates specialty chemicals from syngas...more
Where we continue, we look at the many deals happening in niche coatings industry segments from highway marking paint to hard drive coatings. We also look at a powder coatings expansion in the USA and a report of continuing paint market slackness in Zimbabwe, and what is being done to cure it. To continue with us, please follow this link...more
In other news on the site, Biorizon, a shared research center, was formed to develop bio-based aromatics and Chromaflo and CPS Color are collaborating. Green Biologics closed another round of financing and APV showed at IFAI 2013. To go directly to these and other news items on the site, please follow this link...click here
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