echemi logo
Product
  • Product
  • Supplier
  • Inquiry
    Home > Coatings News > Paints and Coatings Market > The risk of investment heating caused by the "surge" of paint raw materials is becoming apparent.

    The risk of investment heating caused by the "surge" of paint raw materials is becoming apparent.

    • Last Update: 2020-08-20
    • Source: Internet
    • Author: User
    Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com
    In 2016, raw material enterprises in a "up and down" situation, earning a pot full. Entering 2017, still continued last year's rally, such as in the first day of the opening year, styrene, pure benzene, acrylic and other open price model,
    titanium dioxide
    also ushered in a surge in prices in January. According to incomplete statistics, at present,
    coating enterprises
    invest in raw materials projects or raw materials enterprises to expand production capacity of the following enterprises:
    Sanmu Group to invest 250 million yuan to build an annual output of 150,000 tons of water-based acrylic emulsion project
    Jiangmen City Sanwood Chemical Co., Ltd. to invest 250 million yuan to expand the annual output of 150,000 tons of water-based acrylic emulsion, 50,000 tons of APM. The construction site of the project is located in Jiangmen New Club District, Bai Temple Industrial Zone, Jiangmen City Sanmu Chemical Co., Ltd. existing plant. Sanmu Chemical said that with the
    coatings
    product market demand continues to increase, it is proposed to invest 25 million yuan in the existing plant, the construction of "an annual output of 150,000 tons of water-based acrylic emulsion, 50,000 tons of PMA expansion project", the construction of 150,000 tons / year water-based acrylic emulsion and 50,000 tons / year PMA production line, has been approved by the EIA, fumatic acid production line.
    Baichuan in Foshan to invest 300 million paint resin synthesis production base
    under the impact of paint price surge, entrepreneurs in the impact of the increase in the price, also said that will take price increases, increase the amount, from the producer to service providers and other ways, Baichuan Coatings Co., Ltd. Chairman Huang Xianming revealed that in Foshan investment of 300 million, built 186 acres of paint resin synthesis production base, in raw materials to maintain the normal supply of 100 sichuan, sustained, has reached the 20% growth in 2017 growth target of 14- After last year's efforts, Baichuan has been in Foshan South China Sea, Shunde, Gaoming and other places to lay out five factories, production and manufacturing costs, management costs in the expansion of the plant has been reduced. Although the environmental pressure in 2017 is increasing, but in accordance with the latest environmental protection, safety management requirements of the country to design, plan, build the Baichuan coating resin synthesis production base will not be affected. Some paint enterprises face the phenomenon of discontinuation, off-stock, market chaos, but to Baichuan paint to expand market share created opportunities.
    Shouguang Xinle Chemical Technology Co., Ltd. to invest in an annual output of 1 million tons of paint additive processing project
    March 1, Shouguang Xinle Chemical Technology Co., Ltd. annual output of 1 million tons
    paint
    additive processing project officially started construction. It is reported that the total investment of the project 244.196 million yuan, covers an area of 400,000 square meters. The project will be constructed in two phases, with the first phase of the construction of a hydrogenation plant for low-aromatic solvent oil, a hydrogen ationd device of 1500Nm3/h methanol, a 20,000-ton/year acid water treatment plant, a production plant for 1500 tons/year of sodium thiopentox solution and Supporting public auxiliary environmental protection facilities, phase II construction of 1 million tons /year coal tar hydrogenation plant, 60000Nm3/h natural gas hydrogen ationing plant, 250,000 tons/year acid water treatment unit, 15,000 tons/year sulfur recovery unit. When completed, the project can achieve an annual output of 1 million tons of various types of paint additives.
    the expansion of the emulsion production capacity of the Boghausen production base
    wacker Chemical has built a new emulsion reactor with an annual capacity of 60,000 tons at the Boghausen production base. WACKER has invested about 25 million euros in the capacity and site infrastructure expansion, with the production line scheduled to be completed by the end of this year. Rudolf, President and Chief Executive Officer of WACKER, "Expanding production capacity can continue to consolidate our position as one of the world's leading producers of emulsions and redistributable latex powder"
    NanningKo Tianshui Technology Co., Ltd. invested 2,879.58 billion yuan in the project
    Guangxi Autonomous Region Development and Reform Commission recently released the "2017 Autonomous Region level to promote the implementation of major projects", including Nanning Ke Tianshui Technology Co., Ltd. According to the Program, the total investment of the project is RMB 2,879.58 billion, with a construction period of 2017-2019. Construction of the project will begin in August this year. According to the plan, after the completion of 2019, the project will produce 100,000 tons of water-based polyurethane, water-based woodworking board/plywood 6 million sheets, water-based ecological board 4 million sheets, water-based wood flooring 5 million square meters, water-based density board 20 Cubic meters, water-based particle board 250,000 cubic meters, water-based microfiber leather 20 million meters,
    water-based paint
    100,000 tons, water-based polyurethane ultra-thin condoms 1 billion, non-toxic whole house custom furniture 150,000 sets.
    Grant invested 200 million yuan to build 190,000 tons of coating raw materials project
    Grant Pharmaceutical Technology (Nantong) Co., Ltd. to increase capital of 30.85 million U.S. dollars (195 million yuan), in the existing plant reserved land to build new production and auxiliary housing, and to transform part of the idle plant, the construction of "an annual output of 100,000 tons of water-based
    coating synthas
    series, 30,000 tons of plasticizer styrofoam, 10,000 tons of paint antidorline.
    Arkema announces investment in the construction of an Indian powder coating resin plant
    Arkema announces plans to build a new top-of-the-line polyester powder resin production facility at its resin production facility in New Mumbai, Maharashtra, India. The project, with a total investment of approximately $15 million, includes a new production unit and a dedicated laboratory that can provide both application development and technical support, and is expected to be completed in 2018.
    The company expanded the production capacity of iron oxide pigments in Germany
    and Lansing corporation of Germany announced plans to gradually increase the production capacity of red and black pigments at its world's largest synthetic iron oxide pigment plant in Krefeld-Uerdingen, Germany, by approximately 23,000 tons/year on the current 280,000 tons/year. In addition, the company announced that it will increase the capacity of 2,000 tons of yellow iron oxide pigments per year at its plant in Porto Feliz, Brazil, through modernization. Previously, the company has launched its latest production plant for iron oxide pigments in Ningbo, China, which will allow the company's global pigment production capacity to grow simultaneously. The new plant in Ningbo has been in operation since the first quarter of 2016, with an annual production capacity of 25,000 tons of iron oxide red pigments. Through the relevant production expansion measures, LANXESS will increase its global production capacity of iron oxide pigments from 375,000 tons/year to 400,000 tons/year by 2019.
    Libang Industrial Coatings (Shanghai) Co., Ltd. 40,000 tons of resin production and construction project
    recently, located in Shanghai Jinshan District Libang
    Industrial Coatings
    (Shanghai) Co., Ltd. construction project fixed asset investment through the government department's on-site verification. The project plant has been completed, all production equipment is installed in place, equipment is being piloted production, is scheduled to be officially put into production in January 2017, the full year will reach more than 70% of the planned output. According to the information at the start of the project in 2010, Libang Industrial Coatings (Shanghai) Co., Ltd. has an annual output of 40,000 tons of industrial coatings and 40,000 tons of resin production and construction projects, with a total planned investment of 54 million U.S. dollars, a registered capital of 18 million U.S. dollars, an area of 230 acres (excluding the belt), and a production value of 1.5 billion yuan. The project's 40,000 tons of industrial coating design capacity is mainly general industrial paint and coiled steel coatings, while 40,000 tons of resin production capacity is alcohol acid resin, acrylic resin, polyurethane resin and electrophoresis resin sin-oriented.
    Sino-Thai Chemistry: 30,000 tons of mixed paste resin project put into operation
    Sino-Thai Chemical announced on November 28 last year that the company's holding subsidiary Xinjiang Zhongtai Chemical Yankang Energy Co., Ltd. invested in the construction of 30,000 tons / year mixed paste resin project has been completed and put into operation. Construction of the project began in April 2016 and the paste resin product was produced on November 25, the announcement said. Upon completion of the project, the production capacity of the PVC of Yankang Energy reached 830,000 tons/year, of which 30,000 tons/year of paste resin.
    under the influence of the tide of raw material prices, a large number of paint enterprises to invest in the construction of raw materials factories, so that some enterprises directly benefit, but ultimately lead to the supply of raw materials over demand. Raw material prices may fall and the market as a whole will eventually return to rationality.
    This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only. This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed description of the concern or complaint, to service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content will be removed immediately.

    Contact Us

    The source of this page with content of products and services is from Internet, which doesn't represent ECHEMI's opinion. If you have any queries, please write to service@echemi.com. It will be replied within 5 days.

    Moreover, if you find any instances of plagiarism from the page, please send email to service@echemi.com with relevant evidence.