Asia-Pacific is the third-largest market for roof coatings, the region is expected to see substantial growth in the coming years.
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Roof coating market: growth expected by 2029

The global market for roof coatings is projected to reach EUR 9.4 billion by 2029, with a compound annual growth rate (CAGR) of 3.1%, according to a new report by Markets and Markets.

Since the acquisition of Parex, The Swiss company has continuously increased its presence in the building finishing segment in the USA.
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Sika acquires building finishing company in the USA

Sika has fully acquired HPS North America, a supplier of building finishing materials.

Akzo Nobel has confirmed that it’s made an offer to acquire the powder coatings operations from its publicly listed Indian subsidiary.
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Akzo Nobel proposes to separate powder coatings business from its Indian subsidiary

Akzo Nobel has confirmed that it’s made an offer to acquire the powder coatings operations and International Research Center from its publicly listed subsidiary, Akzo Nobel India Limited.

Heubach had over 1 billion EUR in revenue in FY21 and FY22, with a global footprint especially in Europe, Americas, and the APAC region.
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Pigments: Sudarshan completes acquisition of Heubach

Sudarshan Chemical Industries Limited (“SCIL” or “Company”) has announced that through its wholly owned subsidiary Sudarshan Europe it has completed its previously announced acquisition of Germany-based...

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German paint factory Alfred Clouth is closing

After more than a century, the Alfred Clouth paint factory will cease operations on 28 February 2025. A search for an investor was unsuccessful. However, the Clou brand will be retained and will be continued...

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Lanxess strengthens innovation in India with new development centre

The specialty chemicals company Lanxess has opened the India Application Development Center (IADC) in Thane, Mumbai. The centre is designed to provide new research capacity for lubricants and material...

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Lanxess expands pigment portfolio with more sustainable yellow shades

With the new Scopeblue product line, Lanxess is launching micronised iron oxide yellow pigments that have a 35% smaller carbon footprint thanks to the use of more eco-efficient raw materials.

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Bodo Möller Chemie and Dow Aksa enter into partnership for carbon fibre products

Bodo Möller Chemie and Dow Aksa have entered into a strategic partnership to expand Bodo Möller Chemie's product portfolio to include carbon fibre products.

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Krahn Chemie Benelux and Dura Europe sign distribution agreement

Krahn Chemie Benelux and Dura Europe have entered into a distribution agreement effective January 1, 2025. Under this partnership, Krahn Chemie Benelux will distribute Dura Europe’s paint driers and...

Researchers used aldehyde-free and bio-based coatings on cellulose fabrics.
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Sustainable change in the coatings industry: the rise of environmentally friendly additives

The performance of paints and coatings depends not only on pigments and binders, but also on additives. These play a key role in industries such as automotive, aerospace and construction. They drive innovation,...

A handshake at a business meeting.
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Chemours names new president of Titanium Technologies

Chemours has announced the appointment of Damián Gumpel as president of its Titanium Technologies business segment, effective March 3, 2025. He succeeds Diane Iuliano Picho, who has been named chief enterprise...

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Evonik announces plans to close two silicon dioxide plants in North America

Evonik is adjusting its production network: The Waterford and Havre de Grace sites in the USA are to be closed and production relocated to more efficient hubs.

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Krahn Chemie expands portfolio: new partnership with Lamberti for polymer beads

Krahn Chemie has entered into a new distribution partnership with Lamberti. This allows the company to expand its portfolio to include polymer beads.