6 SEPTEMBER 2013

F O C U S O N P O W D E R C O A T I N G S

coatings are made in the USAand have been used successfullyin industry and by consumerssince 2004. Industrial NanotechInc is a global nanosciencesolutions and research leader andmember of the US Green BuildingCouncil.

Original Source: Industrial Nanotech Inc,2013. Found on Marketwire, 24 Jul 2013,(Website: http://www.marketwire.com)

MARKETSLatin American paint and coatingsmarket rebounds

The Latin American paint andcoatings market is bouncing backat about $9.2 bn. Growth rates ofBrazil, Mexico, Argentina andColombia are strong. The growthof this industry has beenprojected at 6%/y through 2016.The regional sales of Brazil,Mexico, Colombia and Argentinaaccount for 30%, 20%, 11% and6%, respectively. In order to meetstrong demand, global paint andcoatings companies are directlyinvesting through acquisitions andnew projects. Recent investmentsin the region include BASF’s$660 M Acrylic Complex atCamacari, in Bahia State, whichwill be ready for operations bylate 2014, and Evonik Industries’plan for a new precipitated silicaplant in Brazil that will come online in 2014. Valspar haspartnered with John Deere andhas purchased Brazil’s IsocoatTintas e Vernizes Ltda.

The International MonetaryFund has foreseen that LatinAmerica will show a 4% regionalaverage growth through 2015,compared with 2.7% in the UnitedStates and 2.1% in the EuropeanUnion. By 2016, Sherwin-Williamsis planning to expand itscompany stores and dedicateddealers. It is predicted thatBrazil’s $2.5 tn economy will growby 3% in 2013. Wacker ChemieAG’s new Sao Paulo centre willserve South America inapplications of the company’ssilicone and polymer products

used in the architectural segmentof the paint industry. MetalgraficaTrivisan SA is increasing itsannual metal can productioncapacity to 900 tonnes/y at SaoJose dos Pinhais by investingabout $25 M. Acquisitions inBrazil are expected to rise, egpurchase of diversified paint andcoatings company Viapol Ltda byRPM International; and purchaseof automotive coatingsmanufacturer Stardur TintasEspeciales by powder coatingsspecialist WEG Tintas Brazil.Joint ventures and acquisitions inMexico are also apparent: suchas the $2.3 bn purchase ofComex by Sherwin-Williams;purchase of PolyOne’s specialtyvinyl dispersion, blending andsuspension resin facilities in AvonLake by Mexichem; andMexichem’s $550 M investmentproject with national oil companyPemex. Mergers and acquisitionscontinue in Argentina, wherepowder coatings maker PulverluxSA has been purchased by WEGTintas. Acquisitions in Colombiainclude $120 M purchase of HBFuller’s paint business in CentralAmerica by Mundial’s CompaniaGlobal de Pinturas, or Pintuco,paint unit; and PPG’s 2012purchase of the coatingsbusinesses of Colpisa Colombianade Pinturas and its affiliates,including Colpisa Ecuador.

Original Source: Coatings World, Jun 2013,18 (6), 39-41 (Website:http://www.coatingsworld.com) © RodmanPublishing 2013

Global green solvents & biosolvents market to reach $6.5 bnby 2018: MarketsandMarkets

The “Green Solvents & BioSolvents Market by Types(Lactate Esters, Alcohols, Glycols,Diols, D-Limonene, & MethylSoyate), Applications (Industrial &Domestic Cleaners, Paints &Coatings, Printing Inks andOthers) & Geography – Forecaststo 2018” analyses green solventsand bio solvents market withrespect to market drivers,opportunities and trends in the

diverse geographical regions.Green solvents and bio solventsoffer the different characteristicsas per the bio solventsmanufacturing and theirapplications requirement in theend products. The materials havehigh demand at a global leveland the manufacturing is mainlydominated by North America,especially the US. The majorindustries for bio & greensolvents are cleaners, paints &coatings, printing inks, pharma-ceutical and personal careindustries. The bio solventmanufacturing companies andresearch institutions are infusinghigh investment for the futureadvancements and technology ofbio and green solvents. Theseinvestments are to create biosolvents with similar performanceas compared with conventionalsolvents and environmentallyfriendly, which benefits the greensolvents and bio solvents andend-user industry. The NorthAmerica is the largest regionfollowed by Europe and Asia-Pacific. These different regionswith countries such as US,Germany, UK, The Netherlands,Japan, China, India and othersare growing markets for bio andgreen solvents. Major players inNorth American and Europeanregions include BioAmber, BASF,DuPont, Florida Chemicals, TheDow Chemical Company, VertecBioSolvents and others. US is theglobal hub for major greensolvents and bio solventsmanufacturers and theirheadquarters in North America.Within Europe, most of the majormarket players are situated incountries such as Germany,Belgium, and The Netherlands.Green solvents and bio solventsdemand market is analyzed byconsidering every possible factorthat affects this solvents market.The materials demand is in termsof value & volume market depictscurrent and future projectionsaccording to parallel economic andindustrial outlook. This analysiscovers major developments,expansions, agreements, and