An explosion and fire that broke out March 31, 2012, at Evonik’s CDT plant on the grounds of the Marl Chemicals Park, Marl, Germany, killed two Evonik employees and threatens to disrupt the supply of CDT-based products.
Jan Paul van der Velde, Senior Vice President of Procurement, Flint Group, has provided industry insight into expected raw material cost developments in 2012.
At a ceremony in Grenoble, France, specialty chemicals company Perstorp and PTT Global Chemical signed an agreement forming a joint venture dedicated to the manufacturing and sales of aromatic (TDI) and aliphatic (IPDI, HDI and derivates) isocyanates.
According to a soon-to-be released study by the consulting firm Kusumgar, Nerlfi & Growney, in 2011, U.S. consumption of coatings is projected to be 1.4 million gallons, containing 7.8 billion pounds of solids, worth $23 billion.