- Anglo American, one of the biggest global mining firms, signed a binding deal to transfer its entire steelmaking coal businesses to Peabody Energy Corporation for an all-incash consideration of about $3.8 Billion which, together with the previously announced sale of Anglo American's interests in Australian miner Jellinbah for about $1.1 billion, is expected to fulfill cash returns together of up to $4.9 billion.
- Covestro launches CERTEVO, an innovative polymer printing substrate. The substrate is designed for advanced security printing applications, such as high-security and durable official documents, certificates, and applications that require advanced anti-counterfeiting measures.
- According to Reuters, EU member states approved on Wednesday the EU's long-term, anti-dumping duties against titanium dioxide (TiO2) imported from China, according to sources in the EU investigation. Some 15 EU countries expressed their support for the tariffs, eight voted against, and four abstained. The products are chiefly used as white pigments for paints and are to take effect on January 11, remaining for five years.
- Evonik has added two new polyamide-based epoxy curing agents for the Americas market, Ancamide® 2853 and Ancamide® 2865, to its comprehensive curing agent portfolio. Both types consider new standards for flexibility, strength, and environmental safety. Additions further Industrial Coatings establish a partnership of Evonik with innovation, high performance solutions in coatings.
- Barentz announces that ddchem has appointed Barentz as a distributor channel partner for its product portfolio of hardeners for epoxy resins, hot melt polyamides, and epoxy systems across the U.S. Midwest, as well as Canada.
- Nouryon, a global specialty chemicals powerhouse, announces the launch of its new Innovation Center and expanded office space in Mumbai, India, nearly doubling its former office space to cater for its ever-growing Global Service Center
- Japanese Sumitomo Chemical announced on November 26 a transfer agreement with Gao Chemical, under which the vapor-phase Beckmann rearrangement process for caprolactam technology is being transferred over to Gao. Gao Chemical is going to inherit the intellectual property rights to the technology and will build a global tech licensing business.
- The Indonesian delegation sent this safeguard notification on 25 November 2024. According to the laws of Indonesia, the Indonesian Enforcement Committee on Anti-Dumping-Safeguards has, during the investigation for the sunset review, come to an end with a final confirmation on the determination on the measure concerning imports of expanded polystyrene (EPS)
- As stated by Technavio, there is an opportunity for the SB latex market to reach $1.5 billion between 2024 and 2028 with a CAGR of 3.68%. The growth for SB latex is influenced by demand in the Asia Pacific and European regions, as well as increasing preference for bio-based latex.
- The possible future approach of President-elect Donald Trump will impose high tariffs on Canada, Mexico, and China when he assumes the office. He intends to levy tariffs of 25% on goods from Canada and Mexico and will scrap the open border policy the moment he takes office on 20 January 2025
- The External Relations and trade affairs Department of the European Commission has announced that recently the fused alumina imported from China anti-dumping procedures are in process.
- Pflaumer Brothers is a top innovator in the coatings field and was recognized as Company of the Year 2024 by the Metropolitan New York Coatings Association (MNYCA). The worthy honor was presented at the annual holiday party of MNYCA in celebration of Pflaumer's unwavering advancement of coatings-in-industry support of the existence of this association.
- Barentz, a global specialty ingredients solution provider, has announced that ddchem, manufacturer of hardeners for epoxy resins, hot melt polyamides, and epoxy systems based in Italy, has appointed Barentz as U.S. Midwest and Canada distributor channel partner.
- Songjing shares confirmed in the announcement that it has successfully acquired 51% of the shares of Xiamen Hansenda Electronic Technology Co., Ltd., making another move in the field of automotive coatings and entering a critical stage of strategic in-depth advancement.