Green Coating Market is predicted
to grow at approximately 5% by 2022
Coating is a layer of a substance spread over a surface as for protection or decoration. Any coating that does not pollute the environment or indirectly reduces pollution during any of its stages can be termed as Green Coating. The growth of the end use industries is the key factor driving the growth of the market. Additionally, the coating manufacturers have shifted their focus to bio-based coating due to stringent regulatory standards of REACH, EPA, and other environment & health care agencies. However, economic slowdown in U.S. and Europe may hamper the growth of green coating market. Green Coating Market is expected to grow at CAGR of approximately 5% by 2022.<more>
LFI Spectra Android app
The human eye can distinguish about 10 million different colors. The IPC LFI spectra is an attempt to display the standard colors according the Classic RAL System.
The IPC LFI spectra show the nearest equivalents of these color standards. Depending on the brightness and other setting on phone, the appearance of the shades may slightly vary from actual RAL standards. Click the link, download the app and let us know your feedback.<more>
Superconductivity found in thin films of titanium oxide
Tokyo Institute of Technology
Many of us are familiar with titanium dioxide, a whitener commonly used in sunscreens and paints such as the white lines seen on tennis courts. Less well known are other higher titanium oxides -- those with a higher number of titanium and oxygen atoms than TiO -- that are now the subject of intensifying research due to their potential use in next-generation electronic devices.
Kansai Nerolac Paints reports 3.6% YoY rise in Q2 profit at Rs 145 crore
Kansai Nerolac PaintsBSE 1.69 % on Monday reported a 3.6 per cent year-on-year rise in net profit at Rs 144.63 crore for the quarter ended September 30.
The size of the paint industry is pegged at Rs 43,000 crore as of March 2017<more> .
Nerolac Paints makes it a colorful celebration at the Mumbai Airport this Diwali.
Kansai Nerolac Paints Ltd (KNPL), recently launched an on-ground campaign at the Terminal 1 of the Chatrapati Shivaji International Airport. The campaign, titled – Making our world #ashadebetter, utilizes the luggage conveyer belt at the airport as the primary media. The aim of this campaign is to present the vividness and variety of shades that Nerolac offers. One of the many conveyer belts present at the airport has been converted to a giant, moving shade card, which not only gives the passengers a break from otherwise boring airport surroundings but also allows them to select their favourite colour for their home or work. Click here or press the play button to see the video
Asian Paints Q2 net profit up 7.54% at Rs 526 cr
New Delhi, Oct 24 (PTI) Asian Paints today reported a 7.54 per cent increase in consolidated net profit to Rs 526.19 crore for the second quarter ended September 30.
The company had posted a net profit of Rs 489.26 crore for the same period of previous fiscal.
Asian Paints said consequent to implementation of GST (Goods and Services Tax), taxes such as excise duties, VAT have been subsumed in GST<more>
New Akzo Nobel boss pursues $30 billion deal with Axalta
Dutch paints maker Akzo Nobel, seeking to recover after rejecting a takeover offer and issuing two profit warnings, is discussing a merger with smaller U.S. rival Axalta Coating Systems Ltd to create a $30 billion company.
Akzo, the maker of Dulux paint, said on Monday it was in “constructive talks” about a “merger of equals” in what would be the first major deal by Chief Executive Thierry Vanlancker, who took over in July after Akzo spurned a 26 billion euro ($30.2 billion) offer from U.S. rival PPG Industries.<more>
BASF celebrates record margin thanks to strong chemicals growth
BERLIN — German chemicals giant BASF has continued to witness strong revenue and profit growth in the third quarter (Q3) of 2017, earnings figures released by the firm on Tuesday showed.
Revenue at BASF rose by nine percent to 15.5 billion euros ($18 billion), while profits surged by 16 percent to a total of 1.76 billion euros. The Ludwigshafen-based company hereby succeeded in surpassing analyst expectations which were already optimistic about its prospects.<more>
AkzoNobel planning further expansion of chloromethanes capacity
AkzoNobel’s Specialty Chemicals business has entered the design phase of a further capacity expansion in Germany for the production of chloromethanes – a key ingredient in the manufacture of pharmaceuticals and electronics.<more>
Axalta Increases Tufcote Portfolio with New Launches
Axalta’s new launches
On October 16, 2017, Axalta Coating Systems (AXTA) added Tufcote Hydro 2.1 HG and Tufcote Hydro LV HG waterborne acrylic products to expand its Tufcote portfolio. These products are designed for use on the surfaces of wood, plastic, and metal. The company caters these products to schools, hospitals, hotels, and other industries. According to Axalta, these products are cost-effective and approved by the USDA (U.S. Department of Agriculture)
Paint producers urge government to develop local raw materials
Faced with dwindling foreign exchange earnings, the Paint Manufacturers Association of Nigeria (PMA) has urged the federal government to attach importance to the development of the raw materials base <more>
Hubble Observes Exoplanet that Snows Sunscreen
For most of us, titanium dioxide is just another chemical compound, but those of us with distressingly pale, burns-after-10-minutes-in-the-sun skin know it as the active compound in sunscreen. (The good type! The type less likely to give you some other form of cancer.)
Because the universe is weird and wild, it turns out there is an exoplanet far out in space where titanium dioxide naturally occurs as snow.
Kepler-13Ab, one of the 2,337 confirmed exoplanets discovered using the Kepler space observatory, is in a solar system 1,730 light years from us. It is a large, gaseous planet, about six times the mass of Jupiter, but it’s a type of planet called a “hot Jupiter.” In fact, Kepler-13Ab, where temperatures reach 5,000 degrees Fahrenheit, is one of the hottest exoplanets yet discovered. <more>
Coating Calendar you will find a wide variety of industrial events in
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parts2clean 2017(24 to 26 October
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