TechNavio's analysts forecast the Global Renewable Chemicals market to grow at a CAGR of 7.32 percent over the period 2012-2016. One of the key factors contributing to this market growth is the increasing demand for eco-friendly chemicals and materials. The Global Renewable Chemicals market has also been witnessing the adoption of eco-friendly bio-based chemicals and materials by major companies around the world in order to reduce greenhouse gas emissions.
Flexible displays, cost-efficient solar cells for a new era of energy production, futuristic lighting at home - all require thin layers with specific properties. Scientists at the INM - Leibniz Institute for New Materials are exploring new routes to such coatings in "NanoSPEKT", a project funded by the Federal Ministry of Education and Research (BMBF).
AkzoNobel has strengthened its manufacturing footprint in India by opening a new €20 million decorative paints plant in Gwalior, which will have an annual capacity of 55 million liters. The eco-efficient Greenfield facility - AkzoNobel's sixth factory in India - will supply a range of decorative paints and create improved distribution channels for the popular Dulux brand. The new site will also help speed up transportation times and reduce the cost of logistics.
Polymers-the essential component of plastics-are found in countless commercial, medical, and industrial products. Polymers that are porous are called foam polymers and are especially useful because they combine light weight with rigid mechanical properties. A researcher at the University of Rochester has developed a process to grow highly customizable coatings of foam-like polymers.
AkzoNobel Automotive & Aerospace Coatings Americas (A&AC) will showcase its multi-brand refinish portfolio, industry sustainability platform, and exclusive education classes at SEMA 2013. Select products from the Sikkens®, Lesonal®, and Wanda® brands will be on display in Booth #25043 in the South Hall's Racing & Performance area. In addition, Stickerfix™, the first commercial DIY paint solution from AkzoNobel, will be featured in Booth #13049 in the North Hall's Appearance and Accessories area.
Allnex debuts at Chinacoat to tell 'All About Resins'– the new company tagline. Allnex's broad portfolio of technologies consisting of Liquid Resins & Additives, Radcure UV/EB Curable Coating Resins &Additives, Powder Coating Resins &Additives and Crosslinkers will combine to offer their customers with a myriad of solutions at booth no. 3D49-54 at Hall E3, Shanghai New International Expo Centre (SNIEC) from 20-22 November 2013.
The INM - Leibniz Institute for New Materials presented their products at the Eurofinish and Materialica international trade fairs. Researchers at the INM have produced antimicrobial coatings with both silver and copper colloids with a long-term effect that kill germs reliably and at the same time prevent germs becoming established.
TMR Analyzes Decorative Coatings Market; Geographies, Market Trends & more in its Latest Report. Decorative coatings or architectural coatings are the finishes and paints that are applied on commercial and residential buildings. They are mainly used to add colors to the room and make them attractive and fresh and to serve as protection from moisture, corrosion, bacteria and UV radiation.
The Indian automotive coatings market has witnessed growth over the past two to three years due to growth of the automotive industry, both in the new and used car segments. Increased purchasing power will continue to fuel domestic automotive consumption at a compound annual growth rate of 10 percent till 2017, in turn, aiding the growth of automotive coatings market. Significant R&D investments made by coating manufacturers to enhance the performance of coating products will further boost the market.
Elevance Renewable Sciences, Inc., a high-growth specialty chemicals company, announced that it has authorized the next significant stage of its second world-scale biorefinery in Natchez, Miss., in order to expand production of its Inherent™renewable building blocks in 2016. The decision is based on the successful start-up and operation of Elevance's first world-scale joint venture biorefinery in Asia, as well as robust customer activity and demand forecasts for the company's specialty and intermediate chemicals.
Carbon nanotubes are lightweight, strong and conduct electricity, which make them ideal components in new electronics devices, such as tablet computers and touchscreen phones, but cannot be used without being separated out from their natural tangled state. Researchers have demonstrated how to produce electronic inks for the development of new applications using the 'wonder material', carbon nanotubes.
BASF continues to implement a series of measures within its Performance Products segment to strengthen its competitiveness. As part of its long-term pigment strategy, BASF will enhance customer focus and continue to design differentiated products in high-value applications, and optimize the global production network. Approximately 650 positions globally will be reduced by 2017.
Aiming to expand their market share in the Japanese market, US high tech equipment designer, developer, and manufacturer nTact has signed an agreement with Matsubo Corporation, a successful and highly regarded Japanese trading company. Matsubo agreed to exclusively represent nTact's line of high demand slot die coating systems from a sales and service perspective.
The first production Eclipse 550 twin-engine jet, which is on display at the National Business Aviation Association convention and exhibition in Las Vegas, is a shining example of the world-class finish achieved with an advanced coatings system by PPG Industries' aerospace coatings group for the fleet. Eclipse Aerospace selected the PPG Aerospace system to provide customers with superior weight savings for enhanced aircraft fuel efficiency, durability for extended service life, and outstanding gloss and color retention.
Thierry Le Hénaff, Arkema's Chairman and CEO, inaugurated Arkema's first R&D Center in China recently on the Changshu industrial site in the presence of the Chinese authorities. At the cutting edge of technology, this new center will provide development capacities as well as ideal local support for the Group's customers in China and South-East Asia.
Magnolia Solar Corporation ("Magnolia Solar") announces that it has tested the performance of its nanostructured antireflection coating by integrating the antireflection coated film on the front glass of a silicon solar panel. The testing involved measuring power output at various tilt angles to simulate the path of sunlight for time of day and season. The results show that Magnolia's thin film enhances the annual power output of the solar panel from 6% to 12% depending on the geographic location and panel tilt angle.
Nippon Paint (USA) Inc., a subsidiary of Nippon Paint Co., Ltd. of Osaka, Japan, announced recently that it has reached an agreement with Protech Chemicals Ltd. to sell the powder coating business of NPA Coatings Inc. (NPAC), also known as Seibert Powder Coatings.Seibert Powder Coatings is a division of NPAC, a wholly owned subsidiary of NP-USA, located in Cleveland, Ohio.
The specialty chemicals group ALTANA takes over the European business for water-based and UV overprint varnishes of The Valspar (France) Corporation, S.A.S. In 2012, the business generated sales of less than €8 million, primarily in Europe. Within the ACTEGA division the business will be integrated into the Graphic Arts business line and will be managed by the company's subsidiary ACTEGA Terra.
Emerald Kalama Chemical, a business group of Emerald Performance Materials, will re-start a second benzoic acid reactor train at its facility in Rotterdam, Netherlands, adding 75,000 metric tons of new capacity for benzoic acid. The added capacity will support sales of the company's Kalama® and PUROX® brand of benzoic acid and benzoate preservatives, as well as the expanding internal consumption needs for downstream products which have been driving growth.
Flint Group Narrow Web wins Award for Innovation at The Label Industry Global Awards for its EkoCure™ UV LED ink technologies. Flint Group was named joint winner alongside co-supplier and development partner, Mark Andy. Flint Group was among more than twenty entrants for the Award for Innovation-eight companies of which were short-listed as possible winners. Flint Group personnel attending the event were extremely proud as they heard "Flint Group Narrow Web" named as award winner.