Courtyard by Marriott Bangkok
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Wanhua Chemical is exhibiting at 15th Asia Coatings Markets on 20-21 October, 2015 in Bangkok. Wanhua Chemical will display its series of new PU products with novel design covering traffic models, construction materials, household products and industrial machinery. While ensuring energy conservation and maintaining modern, they will better upgrade product performance and meet market requirements for user experience. Professional technical exchanges will also be conducted with visitors on how to fulfill product design.
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Wanhua Chemical is committed to customer-demand, bringing along the technical upgrading of the industry of key PU raw materials based on technical innovation and talent cultivation, facilitating the development of the related downstream sectors in energy conservation, emission reduction and cyclic economy, and thus turning itself into an image for the external communication and cooperation of China’s PU industry to ensure persistent contributions towards the development of PU industry in China and the world as a whole. |
14 Oct, 2015
BASF, that produces automotive coatings, automotive refinishes and industrial coatings as well as decorative paints, has recently opened its first resin and electrocoat plant in China. The plant will produce high quality coatings and is located in the Shanghai Chemical Industry Park (SCIP), Shanghai.
The new plant is in line with BASF’s plans to produce locally 75% of what they sell in Asia Pacific. This plant will strengthen the company’s local manufacturing footprint in Asia Pacific.
The new investment in a local production facility will help BASF to customized solutions to its customers in the Asia Pacific.
The new plant is in addition to the automotive coatings plant that BASF opened in 2014.
The new resin plant is fully integrated in the new automotive coatings plant aiding high production efficiency.
The production facilities strengthen BASF’s position as a leading and innovative coatings supplier to the growing industries, notably the automotive industry, in the region.
Gecha Ritvirulh, Senior Manager, Coatings Solutions ASEAN, BASF Thai Ltd will speak on ‘Sustainability as Business Driver in Automotive OEM Coatings’ at 15th Asia Coatings Markets on scheduled on 20-21 October, 2015 in Bangkok, Thailand.
Contact Ms. Huiyan at huiyan@cmtsp.com.sg or call +65 6346 9113 for more details.
01 Oct, 2015
“Independence will enable us to bring our strengths to bear in global competition more quickly, effectively and flexibly,” said Covestro CEO Patrick Thomas.
“Making the world a brighter place”
Covestro has a new, colorful logo. Its vision is also new: “To make the world a brighter place.” “We fulfill this vision by inspiring innovation and driving growth through profitable technologies and products that benefit society and reduce environmental impacts,” said Thomas.
Covestro supplies key industries around the world, such as the automotive, construction and electronics sectors, as well as the furniture, sporting goods and textiles industries. With its products and applications solutions, the company is helping to meet the major challenges of our time, from climate change and resource depletion, increasing mobility and urbanization to population growth and demographic change.
Versatile products for key industries
Products include raw materials for premium polyurethane foam, which in flexible form is used primarily in furniture, mattresses and automobile seats; as rigid foam, it serves to insulate buildings and refrigeration equipment. Covestro also produces high-performance polycarbonates, which are also very versatile materials for automotive components, roof structures, medical devices and much more. Rounding out the portfolio are specialty chemicals, including raw materials for coatings, adhesives and films.
Covestro is managed by a four-member board of management. Members of the Board chaired by CEO Patrick Thomas also include Frank H. Lutz (Finance, Labor Director), Dr. Klaus Schaefer (Production and Technology) and Dr. Markus Steilemann (Innovation).
About Covestro:
With 2014 sales of EUR 11.7 billion, Covestro is among the world’s largest polymer companies. Business activities are focused on the manufacture of high-tech polymer materials and the development of innovative solutions for products used in many areas of daily life. The main segments served are the automotive, electrical and electronics, construction and sports and leisure industries. The Covestro group has 30 production sites around the globe and employed approximately 14,200 people at the end of 2014. Covestro, formerly Bayer MaterialScience, is a Bayer Group company.
Find more information at www.covestro.com.
Follow us on Twitter: www.twitter.com/CovestroGroup
Forward-Looking Statements
This release may contain forward-looking statements based on current assumptions and forecasts made by Covestro AG. Various known and unknown risks, uncertainties and other factors could lead to material differences between the actual future results, financial situation, development or performance of the company and the estimates given here. These factors include those discussed in Covestro’s public reports which are available on the Covestro website at www.covestro.com. The company assumes no liability whatsoever to update these forward-looking statements or to conform them to future events or developments.
14 Sep, 2015
Nippon Paint Malaysia Group, the major paints and coatings giant in Malaysia, is aiming to increase its market share to 50 percent in 2015. It has also put forth a sales target of RM1 billion by end of 2017.
Currently, the group enjoys market share of approximately 47 percent, making it Malaysia’s leader in decorative coatings, with a sales revenue record in excess of RM650 million, as of December 31, 2014.
The new target will be backed by the group’s recent expansion of regional operations into new markets and its growing distribution network.
The Group that entered the market as ‘The Paint Expert’ is now planning to reposition itself as “The Coatings Expert”. It plans to strengthen its position in the market with a diversified product portfolio that meets multi-segment demands.
The group aims to become a total coating solutions provider catering to multi surface demands – be it decorative, protective or functional coatings.
In fact Nippon Paint will be launching at least four new coatings, a move that is expected to help the company capture new demand.
Apart from Malaysia, Nippon Paint has a strong presence in Pakistan, Bangladesh, the Philippines, Thailand and recently Indonesia.
A senior representative from Nippon Paint Southeast Asia (NIPSEA) will talk about ‘Decorative/Architectural Paints Demand Trends & Outlook’ at 15th Asia Coatings Markets, scheduled on 20-21 October, 2015, in Bangkok.
Contact Ms. Huiyan at huiyan@cmtsp.com.sg or call +65 6346 9113 for more details.
19 Aug, 2015
AkzoNobel, one of the world's largest paint companies by revenues, has announced investment worth over €30 million in a manufacturing facility in Thailand. This move supports the company's growth within Thailand as well as in line with its regional business expansion plans.
The manufacturing facility is supported by the Thailand Board of Investment which will involve construction of a 120,000m2 site within the Hemaraj Eastern Seaboard Industrial Estate in Chonburi. The facility will have an initial capacity of 45,000 tons annually with production slated to start in Q3 of 2016.
The new facility is expected to help AkzoNobel's performance coatings businesses, particularly metal coatings, protective coatings, specialty coatings and marine coatings as well a few products from its decorative paints business.
15th Asia Coatings Markets will explore the expanding paints and coatings business in Asia on 20-21 October, 2015 in Bangkok.
Contact Ms. Huiyan at huiyan@cmtsp.com.sg or call +65 6346 9113 for more details.
24 Jun, 2015