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SIPCO hopes to strengthen its presence in Saudi Arabia’s growing coatings market.

The deal includes two production sites, two brands and about 1,000 employees, with closing expected in the second half of 2025.

The projected growth of the coating additives market is driven by increased demand for waterborne products and industrial expansion in Asia Pacific.

New 25% tariffs on steel and aluminum imports could drive up costs and disrupt supply chains. How will coatings and chemical manufacturers respond?

Trump reinstated full 25% tariffs on steel and aluminum, citing national security concerns and unfair trade practices, according to the administration’s statement.

A new report by MarketsandMarkets projects the roof coating market to grow through 2029, driven by increased demand for energy-efficient and protective coatings.

The company announced the election of a new Presidential Board, with Emmanuel Auer from Evonik Operations GmbH as the new President.

New U.S. tariffs on chemical imports may disrupt supply chains, increase costs and create regulatory uncertainty for the coatings industry.

The American Chemistry Council emphasizes trade’s role in U.S. manufacturing and urges solutions that support supply chains, exports and industry competitiveness.