Hydrophobic coatings, designed to repel water and resist wetting, find applications in sectors such as automotive, construction, electronics, and textiles. This report by Persistence Market Research discusses the trends, opportunities, and challenges with water-repellent solutions.

The results show a solid year, and Q4 confirms positive momentum in margin expansion and deleveraging efforts that are expected to continue in 2024. 

"We delivered significant year-over-year cash flow improvement in 2023, including a strong fourth quarter finish, which underscores our ongoing prioritization of working capital management," said Ed Breen, DuPont Executive Chairman and Chief Executive Officer. 

Due to supply and demand, OQ Chemicals will increase prices for various products produced at Bay City, Texas, effctive March 1, or as contracts allow.

The public hearing was held by the Federal Maritime Commission (FMC) on the impact of current conditions in the Red Sea and Gulf of Aden regions.

The report has the market projected to reach USD 498 million by 2028, at a CAGR of 5.7% from USD 377 million in 2023.

As one of the first phases of Evonik’s ‘Herne Green Deal’ to sustainably transform the Herne chemical site, the TORTE project will feed industrial waste heat from isophorone production into the district heating network.

As part of the company’s global strategy for 1,4-butanediol (BDO), it has assessed the market environment and product carbon footprints (PCF) of BDO and its downstream products from different production sites worldwide.

"Our organization’s continued financial strength is vital for AMPP's capacity to fulfill our mission and generate enduring value for members and customers," said AMPP CEO Alan Thomas. 

Nouryon recently recognized seven of its top global supply chain partners through its annual 2023 Supplier of the Year Awards event held in Miami, Florida.