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According to the report, worldwide consumption of silicones coatings is projected to increase at a CAGR of 6% from 2022 to 2032.

The thickeners are supplied as flakes that do not tend to form dust, and yet are easy to incorporate into the millbase or into the letdown as well as a solution into the formulation.

The new distribution relationship expands Univar Solutions' specialty portfolio for customers in the region who are manufacturing building and construction products.

The contracts are for the application of the company’s MarineLINE tank coating to both newbuild tankers as well as recoating projects.

According to the report, the global industrial coatings market is projected to grow with a significant CAGR in the forecast period: 2023-2030. 

Ultrazur™ is a range of ultramarine blue pigments in four shades – from greenish to reddish – for a variety of standard and demanding applications.

In line with this appointment, the coatings manufacturer also announced the retirement of Gordon M. Hyde, who previously served in this role.

The ASC board includes 22 directors representing manufacturers, suppliers, distributors, and academia in North America. Board members serve a three-year term.

Using international sustainability standards, EcoVadis has rated more than 100,000 companies globally across all industries and sizes.

The coatings manufacturer has announced its financial results for the third quarter of the financial year 2023.