Significant growth of the construction industry, environmentally friendly characteristics, durability, and better aesthetic appearance are all driving architectural coatings consumption. Increasing investments in emerging markets and less-regulated regions provide growth opportunities for market players.
BASF's Coatings division inaugurated a new, world-scale automotive coatings plant at the Shanghai Chemical Industry Park (SCIP) in Caojing, Shanghai, China.
Verdezyne Inc., a synthetic biology company producing biobased chemicals, and Connell Bros. Co. LLC (CBC), a marketer and distributor of specialty chemicals in the Asia-Pacific region, announced an agreement for sales and distribution of Verdezyne's BIOLON™ DDDA (biobased dodecanedioic acid or DC12).
Connell Brothers, a marketer and distributor of specialty chemicals and ingredients in Asia-Pacific, has named Azita Owlia President of Connell Brothers, which is a Wilbur-Ellis company.
To meet the demands of its fast-growing Asian markets, Michelman has invested in additional production equipment at its Singapore manufacturing facility, which increases capacity by 40 percent.
