Affected by the situation on the Red Sea and Suez Canal, the company will pass on the surcharges that global carriers have imposed on their shipments as of February 1st, 2024.
The agreement strengthens Azelis’ portfolio of pigment products in the coatings, adhesives, sealants, elastomers (CASE), and advanced materials & additives (AM&A) markets in France and Benelux. It includes the pigment portfolio that Sun Chemical acquired from BASF in 2021, and is an expansion of the long-standing partnership between Sun Chemical and Azelis.
Vibrantz says it releases a global color of the year each winter as part of its ongoing work to promote and meet future customer demand by identifying and staying ahead of market trends, and encouraging broader and varied use of color in paints, coatings, and thermoset plastics markets.
Upon commercialization of these projects, more than 65% of the energy for its Roha, India, and Cuddalore, India, sites will be supplied by renewable sources. The investment process is expected to close after customary reviews in the coming weeks.
The Shepherd Color Company has hired a new regional sales manager - APAC. With 20 years of experience in account management, research & development, technical sales, and marketing roles in the coatings industry, he will support customers and distributors in several countries, including India, Korea, Indonesia, Malaysia, Singapore, Vietnam, and Thailand.
