Ceresana Research has released its autumn survey of the chemical industry. The survey reveals an optimistic business climate in highly competitive markets, and reports that growing competition and considerable increases in R&D expenditures will dominate global chemical markets during the next months.
The first annual report for Oregon’s paint recycling program, PaintCare, shows a successful first year. Through partnership with 95 collection sites, Oregon residents recycled more than 469,665 gallons of paint between July 1, 2010 and June 30, 2011.
NürnbergMesse and Vincentz Network, the long-term event partners for international coatings and paint exhibitions and congresses, have sealed a cooperation agreement with Bosad, the Turkish association for the coatings and paint industry, for paintistanbul, which takes place in Istanbul, Turkey, in 2012.
The Chairman of BASF’s Board of Executive Directors Dr. Kurt Bock, Vice Chairman Dr. Martin Brudermüller and CFO Dr. Hans-Ulrich Engel outlined how BASF plans to strengthen its position as a leading chemical company.
Global demand for thermoplastic elastomers (TPEs) is forecast to rise 6.3 percent per year to 5.6 million metric tons in 2015. Gains will represent acceleration from the pace of the 2005-2010 period, as motor vehicle production − the leading outlet for TPEs − rebounds in the United States and Western Europe.
The Center for the Polyurethanes Industry (CPI) honored Albemarle Corp., Baton Rouge, LA, and LINE-X Protective Coatings, Huntsville, AL, with the 2011 Innovation Award for the development of a new color-stable aliphatic coating technology.
Shell MDS and Evonik Industries signed a six-year contract for Evonik Industries to continue as Shell MDS’ distributor of Shell GTL Sarawax waxes (FT waxes) in Europe. Evonik will produce and sell modified GTL waxes globally with the brand name VESTOWAX®.
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