Solvay’s New Sustainable Halar ECTFE Anti-corrosion Coating System for chemical processing industry
Posted on : 11 Jul, 2019
Solvay’s new waterborne Halar ECTFE coating system widens the scope of metal corrosion prevention applications for the chemical processing industry. Equipped with high adhesion primer and topcoat, the new coating system can be easily applied using standard liquid spray equipment.
Already Solvay’s HALAR ECTFE powder coatings are used for corrosion prevention for equipment in acids, mining, pulp and paper, pharmaceutical, food and beverage, and semi-conductor industries. Now with the new waterborne Halar ECTFE Liquid Coating Technology, Solvay expands the range of end-use applications to those that are difficult or impossible to powder coat – such as complex shapes, uneven surfaces, oversized vessels, pipe interiors, tanks and containers. In addition, it also provides an alternative protective metal coating option to corrosion resistant alloys.
The new coating technology offers long-lasting performance, chemical resistance, permeation resistance, exceptional surface properties, adhesion and high purity. Apart from these benefits, the formulation is also environmentally-friendly, ultra-low VOC and Hazardous Air Pollutant-free.
At CMT’s 19th ASIA Coatings Markets on 21-22 August 2019 in Bangkok, Joe Chou, Global Marketing Manager - Industrial, I&E2, Solvay Taiwan Company talks more about the new coating technology in his session on ‘What's New?: Enhanced Anti-Corrosion through Sustainable Waterborne ECTFE Coating System’.
Perma Construction Aids to be acquired by Kansai Nerolac
Posted on : 17 Jun, 2019
Kansai Nerolac – a subsidiary of Japan-based Kansai Paint Company – plans to acquire a 100% stake in Perma Construction Aids – a construction chemicals company in India. Valued at Rs 29.1 crore (about $4.16 million) in cash, the deal is subject to adjustments for borrowings, working capital and fixed assets at the closing date.
Perma Construction Aids that specializes in water-proofing, adhesives, epoxy and admixtures - exports these products to Sri Lanka, Nepal, Mauritius and Ghana.
With this acquisition, Kansai Nerolac will be able to expand its construction chemicals business.
In 2018, Kansai Nerolac acquired Marpol – a powder coatings manufacturer for Rs 36 crore ($5.53 million). In addition, it also acquired a 55% stake in Bangladesh-headquartered RAK Paints for Rs 45.81 crore (around $7 million).
At CMT’s 19th ASIA Coatings Markets on 21-22 August 2019 in Bangkok, hear on ‘M&A Potential and Opportunities in Asia’ from Nauman Malik, CEO, APAC, Kansai Paint, Indonesia.
AkzoNobel to focus on premium paints, eyes double digit growth in India
Posted on : 18 Mar, 2019
AkzoNobel aims for double digit growth in India and it is planning to focus on its premium paints business to achieve the target.
Currently, 60% of AkzoNobel’s revenue comes from its decorative paints segment - which accounts for approximately 80% of the overall paint market in India.
As the Indian paint market remains quite buoyant, AkzoNobel wants to focus on its premium paints portfolio.
The decorative paint segment has two categories - one is interior paints and the other is exterior or cement paints. Almost 80% of the decorative paints account for interior paints, with categories such as premium, medium and economy.
Further the premium paints can be classified into plastic emulsions while the medium-priced category includes synthetic enamels. Lastly, the economy category consists of distempers.
Find out more about decorative paint markets in Asia at CMT's 19th ASIA Coatings Markets on 21-22 August 2019 in Bangkok.