extreme weather throws spotlight on high performance coatings
TRANSCRIPT
4 OCTOBER 2014
F O C U S O N P O W D E R C O A T I N G S
Reichhold Turkey announcescoating resin capacity expansion
On 15 Aug 2014, ReichholdTurkey announced the decision toexpand capacity into a newgreen-field resin plant inArlansbey Organized Area,Kartepe Kocaeli, 90 km fromIstanbul. The new factory willoccupy an area of 25,000 sq mlocated on a site owned by thecompany’s Turkish partner,Prosim Kimya, who will alsooperate the plant. The ultimatecapacity will be 20,000 tonnes ofliquid and powder coating resin.The plan is for completion in2015.
Original Source: Reichhold, website:http://www.reichhold.com (15 Aug 2014) © Reichhold Inc 2014
Extreme weather throws spotlighton high performance coatings
Extreme weather events in theAsia Pacific in 2013 increased thedemand for high performance,protective coatings. In Australia,the occurrence of the hottest yearon record since 1910 hasboosted the demand for heatresistant and solar reflectivecoatings. Researchers are alsostudying ways to increase thefunctionality of roof coatings. Atthe University of Newcastle inNew South Wales, Australia,researchers have developed aflexible photovoltaic coating thatcan collect solar energy fromlarge surface areas such asbuilding facades and roofs. InSingapore, Nippon Paint haslaunched Solareflect coatingwhich features infrared reflectivetechnology that can lower buildingtemperatures by 5°C. India’sAsian Paints has launched DampProof, a fibre-reinforcedelastomeric liquid appliedwaterproofing membrane.International Paint’s Incretestructural waterproofing and repairtreatment was used to protect theunderground floor area of Hong
Kong International Airport’sbaggage handling from seawaterincursion.
Original Source: APCJ, Asia Pacific CoatingsJournal, Aug 2014, 27 (4), 20,22 (Website:http://www.asiapacificcoatingsjournal.com/)© dmg events 2014
AkzoNobel establishes newstructure for coatings business
AkzoNobel has announced that itwill establish a new organizationdue to become fully operational inJan 2015 for its performancecoatings business area, whichgenerated €5.6 bn revenue andhad €525 M operating income in 2013. The simplified newstructure will reduce the numberof global management layers. As a result, performance coatings business unit will bemanaged through seven strategic market units that willfocus on specific customersegments and technologies.These units include marinecoatings, metal coatings, powdercoatings, protective coatings,speciality coatings, vehiclerefinishes and wood coatings.The costs associated with thisreorganization are included withinthe guidance of at least €250 Mof total restructuring charges for2014.
Original Source: AkzoNobel, 2014. Found onSpecialChem Coatings and Inks Formulation,29 Aug 2014, (Website:http://www.specialchem4coatings.com)
Business roundup: Axalta CoatingSystems plans $100 M IPO
Axalta Coating Systems has filedfor an initial public offering worth$100 M in stock. Axalta is theautomotive paint business ofDuPont acquired by CarlyleGroup in 2013. The companyrecorded net income worth $3.0M from $4.3 bn sales in the 12months ending 30 Jun 2014.
Original Source: Chemical and EngineeringNews, 25 Aug 2014, 92 (34), 15 (Website:http://www.cen-online.org) © AmericanChemical Society 2014
NEWPRODUCTS
Evonik: Bright prospects for mattepaints
Evonik’s new hydroxyalkylamidecrosslinker, Vestagon EP-HA 368is a cost effective matting systemfor the powder coating market.Customers can now manufacturematte HAA powder coatings usinga three- instead of four-stepproduction process, thus savingtime and resources. Substitutingstandard hydroxyalkylamidecrosslinker with Vestagon EP-HA368 yields a weather resistantcoating with a smooth finish. Thecompany also plans to launchDegalan VP P34, the nextgeneration of heat-sealable beadpolymers, in 2014. Degalan VPP34 can be applied directly toaluminium foil.
Original Source: PPCJ, Polymers, Paint,Colour Journal, May 2014, 204 (4596),(Website:http://www.polymerspaintcolourjournal.com/)© dmg events (MEA) Ltd 2014
Biochemicals from plant-based oilsand by-products
Verdezyne, an industrial biotechcompany in the US, hasdeveloped a proprietarytechnology to engineer yeast thatcan convert numerous non-food-based renewable feedstocks intohigh-value chemical intermediatesfor nylon and thermoplasticpolyurethane applications. Theproduct range currently includesdodecanedioic acid (DDDA),sebacic acid and adipic acid.DDDA is applied in manufacturingnylon 6,12 moulding resins,powder coatings and adhesives.The firm was able to process4000 litres of yeast to producemore than 1 tonne of bio-basedDDDA. Verdezyne intends to starta commercial-scale, 14,000tonnes/y DDDA facility in late-2016. The company alsoconfirmed adipic acid fermentationat 400 litres. Commercial adipic