Responding to increasing demands for innovative coating solutions, Hempel’s new production facilities in Zhangjiagang substantially enhance capacity to better serve marine, energy and infrastructure customers.
Concurrently, Marc Doyle who has successfully led Arxada since its foundation, will transition to a new role as a member of the Board of Directors. This strategic move reflects the company’s commitment to driving continuity, growth and sustainability in its portfolio.
According to a report from MarketsandMarkets, the market size for powder coatings was USD 14.7 billion in 2022 and is projected to reach USD 19.9 billion by 2028, at a CAGR of 5.2% during the forecast period. Economic growth in developing countries, end-use industry expansion, investment in infrastructure, stringent environmental regulations, and growing purchasing power drive the powder coatings market.
The Innovation Center adds 36,000 square feet of state-of-the-art laboratory and office space, allowing up to 60 research and development scientists to collaborate.
The technology is designed to improve Orion’s yield in the production of carbon black using circular feedstocks and potentially reducing the carbon footprint of the process.
The spray gun is ready to use again within seconds after changing colors, without solvents. This feature is ideal for the car repair sector, where small-batch painting is standard.
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