According to a report by GCiS China Strategic Research, about 463,000 tons of automotive coatings were sold to the China market in 2011, generating $2.8 billion in revenues for suppliers.
Evonik Industries has awarded WorleyParsons a contract for the detail engineering, procurement support and construction management on the building of world-scale plants for the production of isophorone and isophorone diamine.
In 2010, the global coating market hit about $90 billion and is expected to grow about 10 percent to $99 billion in 2011. This information is presented in “Global and China Coating Industry Report, 2010-2011,” a new research report developed by ResearchInChina that has been recently published by Market Publishers Ltd.
The landscape of the TiO2 industry is changing rapidly and there is no guarantee that the market fundamentals of the last 20 years will return during the next five years.
