Environmental pressure increases the trend of powder coatings

China Coatings Network
: Environmental pressure intensified
coatings
industry integration,
powder coatings
development trend is good. Shen Jian shares issued a 500 million yuan plan to raise funds for environmentally friendly paint projects, the attention of funds, the stock price climbed, up 52% and hit a one-year high. Analysts said that with the tightening of environmental protection policies, the paint industry is facing integration opportunities, with environmental advantages of powder coatings are expected to eventually replace solvent-based coatings, leading enterprises Shen Jian shares are expected to benefit. An analyst at a brokerage, who did not want to be named, said that on April 24, 2014, the most stringent Environmental Protection Act in history was officially released, and the paint industry, as one of the key industries producing VOC pollution, is expected to have opportunities similar to glyphosate. Powder coatings because of more environmental advantages are expected to replace solvent-based coatings, and now has become the country's largest powder coatings dedicated polyester resin manufacturer Shen Jian shares are expected to benefit.Jian shares insiders said that the current state environmental protection requirements for enterprises more stringent, the future most small enterprises are likely to struggle, industry integration intensified, the company's products and powder coatings industry overall development trend is good. Shen Yin Wanguo Research Report shows that, with the development of documents to reduce VOC emissions, powder coatings will replace solvent-based coatings, the demand is expected to reach a compound annual growth rate of 15% in 2013-2017; According to experts, polyester resin in cost, technology, environmental protection is better than epoxy resin, it is expected that the future polyester resin will further replace epoxy resin application ratio in powder coatings, from the current 34% to about 38%, 2013-2017 compound growth rate of 18%.
Shen jian shares announced on February 28 this year, the total amount of funds raised does not exceed 505.5 million yuan, after deducting the issuance costs are intended to be used for an annual output of 50,000 tons of energy-saving and environmentally friendly powder coatings special polyester resin projects, etc. , at the end of October the fixed increase plan through the CSRC audit. On November 6th, a total of 34 institutional investors collectively investigated Shen Jian's shares. Big wisdom big data terminal shows that the stock price on February 28 at 6.06 yuan / share, and then climbed, to October 10 hit a one-year high of 9.19 yuan / share, up 52%, and then the share price fell slightly. Public information shows that organic volatile substances (VOCs) are any organic compounds that participate in the photochemical reactions of the gas phase. Traditional
paint
50% of Rio's content is toxic, contaminated, burnable organic solvents, pollution of the environment, but also caused large-scale haze weather. Due to the hazards of paint in the production and use process, the European Union on 1 January 2004 has banned the production and sale of solvent-based paint.