- As stated by Technavio, there is an opportunity for the SB latex market to reach $1.5 billion between 2024 and 2028 with a CAGR of 3.68%. The growth for SB latex is influenced by demand in the Asia Pacific and European regions, as well as increasing preference for bio-based latex.
- The possible future approach of President-elect Donald Trump will impose high tariffs on Canada, Mexico, and China when he assumes the office. He intends to levy tariffs of 25% on goods from Canada and Mexico and will scrap the open border policy the moment he takes office on 20 January 2025
- The External Relations and trade affairs Department of the European Commission has announced that recently the fused alumina imported from China anti-dumping procedures are in process.
- Pflaumer Brothers is a top innovator in the coatings field and was recognized as Company of the Year 2024 by the Metropolitan New York Coatings Association (MNYCA). The worthy honor was presented at the annual holiday party of MNYCA in celebration of Pflaumer's unwavering advancement of coatings-in-industry support of the existence of this association.
- Barentz, a global specialty ingredients solution provider, has announced that ddchem, manufacturer of hardeners for epoxy resins, hot melt polyamides, and epoxy systems based in Italy, has appointed Barentz as U.S. Midwest and Canada distributor channel partner.
- Songjing shares confirmed in the announcement that it has successfully acquired 51% of the shares of Xiamen Hansenda Electronic Technology Co., Ltd., making another move in the field of automotive coatings and entering a critical stage of strategic in-depth advancement.
- Hempel A/S has introduced the world's first and only underwater performance charger specifically for Hempel's yacht silicone systems; simply applying it over the existing Hempel silicone coating at specified intervals during routine maintenance, Hempel's Infinity extends your hull coating's silicone performance for an entire season.
- Lubrizol introduces Sancure™ 20898 polyurethane dispersion. It is the latest addition to its innovative portfolio of advanced resin technologies for coatings. This product can help set a new standard in performance and versatility. It is designed for packaging coatings and durable inks.
- PPG has finalized a transaction in which the business was sold for roughly $310 million in pre-tax proceeds to QEMETICA -a Warsaw, Poland-based, privately held manufacturer of soda ash, silicates and other specialty chemicals.
- Micro Powders has announced that it has decided to cease production and sales of paints and coatings containing polytetrafluoroethylene (PTFE), which are commonly used in the production of non-stick coatings, in order to comply with global health and safety regulations.
- New chemical materials refer to new materials produced by chemical synthesis, as well as some composite materials obtained through secondary processing based on new chemical materials. They are an important part of the new materials industry
- Japan's SUN ACE has launched the "LOP Series", a high-performance additive that helps improve plastic molding productivity. It can improve productivity by improving the fluidity and dispersion of high-filler filling compounds and various thermoplastic resins during the molding process.
- Japan's largest beverage filling equipment manufacturer Shikoku Chemical has developed "Okara Resin"Shikoku Chemical Machinery, a major Japanese food filling machine manufacturer, developed a bio-based resin "okara resin" using the soybean okara produced in its own tofu factory, and cooperated with YAMADA
- A decolorization technology has been developed by the University of Fukui in Japan that does not generate high environmental load wastewater and therefore does not cause damage to fiber materials during the decolorization process