Specialty chemicals company Evonik Industries plans to start up new facilities and production capacities in 2014 that represent an investment volume of close to €1 billion.
AkzoNobel Powder Coatings announced plans to relocate its manufacturing facilities in Ningbo and Suzhou, China, to the Chang Zhou National High-Tech District by the end of 2015.
Evonik Industries is significantly expanding its global isophorone (IP) and isophorone diamine (IPD) capacities by funding an investment of more than €100 million in Shanghai, China.
Several “green” raw materials suppliers for coatings spoke at Green Industrial Coating Asia 2013 about strengthening the research and development and promotion of bio-based products in coatings.
AkzoNobel has announced plans to invest a total of more than €50 million in China to build new manufacturing facilities for its Powder Coatings and Decorative Paints businesses.