DKSH’s Business Unit Performance Materials, a distributor of specialty chemicals and food ingredients, has invested in a coatings innovation center in Bangkok, Thailand.
PPG Industries’ industrial coatings business has announced it is raising prices by an average of 2 to 10 percent on all its liquid, powder and electrocoat (E-coat) products in the Asia/Pacific region, effective April 1 or as permissible by contract.
WACKER, the Munich-based chemicals group, has successfully completed the expansion and relocation of its technical laboratories and offices in South Korea and inaugurated the upgraded technical center, with integrated training facility, near Seoul, South Korea. Additionally, Wacker Chemie AG announced it is expanding its Chinese polymer activities by investing around EUR 40 million in building two new production facilities at its Nanjing site in China.
The Asia Pacific (APAC) decorative coatings market has seen steady progress since 2010, outperforming the global decorative coatings market in volume and value. This surge in volume can be explained by the heavy investments in infrastructure developments by populous countries such as China, India, Indonesia and Vietnam.
IMCD Group, a global specialty chemicals and food ingredients company, has strengthened its position in Asia-Pacific with two major acquisitions in India and Australia.
Orion Engineered Carbons, a global producer of carbon black for the pigment and rubber industries, will construct a fifth production unit for tread blacks at its plant in Yeosu, South Korea.
Swiss-based specialty chemicals company Clariant strengthened its presence in Asia with the opening of its new regional headquarters for Southeast Asia and the Pacific and its new Global Textile Chemicals headquarters, both located in Singapore.
