Company News

July 13, 2022

Covestro PUD Expansion in Shanghai

Covestro breaks ground for Shanghai polyurethanes plant

By Mary Page Bailey | July 8, 2022

Covestro AG (Leverkusen, Germany) broke ground on two new plants in Shanghai to meet the rising demand for polyurethane dispersions (PUDs) and elastomers. These new facilities, which represent a combined investment of a mid double-digit million euro amount, will be located within the Covestro Integrated Site Shanghai.

“These projects will contribute to the high-quality and sustainable development in China and beyond,” said Holly Lei, President of Covestro China. “They will also add to the scale and strength of our Shanghai site, which will be playing a key role in the quest of Covestro to becoming operational climate neutral by 2035.”

The new plant for PUDs, as well as a further line for polyester resins, from which PUDs are produced, are due to be completed in 2024. PUDs are used in more environmentally compatible coatings and adhesives for a wide range of applications, including automotive, construction, furniture, footwear and packaging. Independent of Covestro’s investment  in Shanghai, its large portfolio of waterborne polyurethane coating raw materials based on PUDs for various applications also includes products of the Baybond, Impranil, NeoPac and NeoRez series. 

“With the new investment, we will be even better positioned to address the rising demand for more environmentally compatible coatings and adhesives across the globe,” said Zhong Xiaobin, Senior Vice President of the Coatings and Adhesives segment of Covestro in the Asia Pacific region. “As one of the global leaders in this segment, we will continue to tap the trend where our customers turn to more sustainable waterborne systems with equally good properties to replace solvent-based products.”

The new facility for polyurethane elastomers, which are widely used in industries ranging from offshore wind to solar energy as well as material handling, is expected to become operational already in 2023. The market for these flexible and durable materials in China and the Asia-Pacific region is growing faster than both gross domestic product and downstream industries.

“The new facility for polyurethane elastomers will ensure that we have a strong capacity to meet the needs of our customers,” said Simon Chen, Head of Covestro’s Elastomers segment in Asia Pacific. “Our Desmodur based polyurethane elastomers will serve a wider range of applications as they boast excellent performance, particularly in the field of sustainable energy.”

https://www.chemengonline.com/covestro-breaks-ground-for-shanghai-polyurethanes-plant/

July 13, 2022

Covestro PUD Expansion in Shanghai

Covestro breaks ground for Shanghai polyurethanes plant

By Mary Page Bailey | July 8, 2022

Covestro AG (Leverkusen, Germany) broke ground on two new plants in Shanghai to meet the rising demand for polyurethane dispersions (PUDs) and elastomers. These new facilities, which represent a combined investment of a mid double-digit million euro amount, will be located within the Covestro Integrated Site Shanghai.

“These projects will contribute to the high-quality and sustainable development in China and beyond,” said Holly Lei, President of Covestro China. “They will also add to the scale and strength of our Shanghai site, which will be playing a key role in the quest of Covestro to becoming operational climate neutral by 2035.”

The new plant for PUDs, as well as a further line for polyester resins, from which PUDs are produced, are due to be completed in 2024. PUDs are used in more environmentally compatible coatings and adhesives for a wide range of applications, including automotive, construction, furniture, footwear and packaging. Independent of Covestro’s investment  in Shanghai, its large portfolio of waterborne polyurethane coating raw materials based on PUDs for various applications also includes products of the Baybond, Impranil, NeoPac and NeoRez series. 

“With the new investment, we will be even better positioned to address the rising demand for more environmentally compatible coatings and adhesives across the globe,” said Zhong Xiaobin, Senior Vice President of the Coatings and Adhesives segment of Covestro in the Asia Pacific region. “As one of the global leaders in this segment, we will continue to tap the trend where our customers turn to more sustainable waterborne systems with equally good properties to replace solvent-based products.”

The new facility for polyurethane elastomers, which are widely used in industries ranging from offshore wind to solar energy as well as material handling, is expected to become operational already in 2023. The market for these flexible and durable materials in China and the Asia-Pacific region is growing faster than both gross domestic product and downstream industries.

“The new facility for polyurethane elastomers will ensure that we have a strong capacity to meet the needs of our customers,” said Simon Chen, Head of Covestro’s Elastomers segment in Asia Pacific. “Our Desmodur based polyurethane elastomers will serve a wider range of applications as they boast excellent performance, particularly in the field of sustainable energy.”

https://www.chemengonline.com/covestro-breaks-ground-for-shanghai-polyurethanes-plant/

July 11, 2022

Sherwin Williams Acquisition

The Sherwin-Williams Company is excited to announce we have completed the acquisition of Dur-A-Flex, Inc. effective July 1, 2022.

Through the acquisition, we bring two great floor coating companies together to support and help grow your business.

Dur-A-Flex brings more than 55 years of resinous flooring expertise with industry-leading technology – including its Poly-Crete® cementitious urethane concrete coatings, Accelera® polyurea performance topcoats, and fast-cure methyl methacrylate (MMA) systems – supported by a relentless focus on training and execution excellence.

We are very excited and confident that the combination of Sherwin-Williams and Dur-A-Flex will allow us to provide additional value and a stronger level of service as your go-to partner in resinous flooring. Here are just a few benefits our customers will experience as we integrate the two teams:

  • Relentless focus on making our customers successful and accelerating their growth
  • Enhanced resinous product portfolio unrivalled in the industry
  • Formidable specification position supported by a dedicated spec-driving project development team
  • An exceptional mix of industry subject matter expertise, and dedicated R&D and sales teams
  • Sherwin-Williams’ unmatched distribution platform
  • Integrated lead generation capabilities to drive additional business growth for our customers
  • A culture of product innovation to delivers high-performing flooring solutions to create efficiencies in our customers’ operations

For more information about both organizations, click on the links below:

Sherwin-Williams High Performance Flooring
Dur-A-Flex

https://pages.s-w.com/na-us-en-resin-flooring-acquisition.html

July 11, 2022

Sherwin Williams Acquisition

The Sherwin-Williams Company is excited to announce we have completed the acquisition of Dur-A-Flex, Inc. effective July 1, 2022.

Through the acquisition, we bring two great floor coating companies together to support and help grow your business.

Dur-A-Flex brings more than 55 years of resinous flooring expertise with industry-leading technology – including its Poly-Crete® cementitious urethane concrete coatings, Accelera® polyurea performance topcoats, and fast-cure methyl methacrylate (MMA) systems – supported by a relentless focus on training and execution excellence.

We are very excited and confident that the combination of Sherwin-Williams and Dur-A-Flex will allow us to provide additional value and a stronger level of service as your go-to partner in resinous flooring. Here are just a few benefits our customers will experience as we integrate the two teams:

  • Relentless focus on making our customers successful and accelerating their growth
  • Enhanced resinous product portfolio unrivalled in the industry
  • Formidable specification position supported by a dedicated spec-driving project development team
  • An exceptional mix of industry subject matter expertise, and dedicated R&D and sales teams
  • Sherwin-Williams’ unmatched distribution platform
  • Integrated lead generation capabilities to drive additional business growth for our customers
  • A culture of product innovation to delivers high-performing flooring solutions to create efficiencies in our customers’ operations

For more information about both organizations, click on the links below:

Sherwin-Williams High Performance Flooring
Dur-A-Flex

https://pages.s-w.com/na-us-en-resin-flooring-acquisition.html

July 11, 2022

BASF to Expand Specialty Amines

BASF expands capacity for key specialty amines in North America

  • Focus on polyetheramines and tertiary amines
  • Increase of production capacities at Geismar site on-stream in mid-2023
  • BASF aims to reliably support customers in North America

FLORHAM PARK, NJ, June 28, 2022 – BASF will increase the production capacity for key specialty amines manufactured at its Geismar, Louisiana site. After the completed production capacity expansion of a flexible world-scale production asset by mid-2023, BASF will be able to produce more of its key polyetheramines and tertiary amines marketed under the Baxxodur® and LupragenTM brands. These assets in North America will complement a global network of specialty amines production plants including those at Verbund sites in Ludwigshafen, Germany, and in Nanjing, China.

“This investment underlines our commitment to continuously support the growth of our customers with high-quality specialty amines,” said Kevin Anderson, Vice President, Business Management Amines, Acetylenics and Carbonyl Derivatives, Chemical Intermediates, North America for BASF. “The additional capacity in Geismar will allow us to respond quickly and reliably to increasing market demand.”

BASF’s Baxxodur portfolio is utilized by customers as highly efficient curing agents and chain extenders in epoxy and polyurea applications for the wind, electrical, composites, adhesives and flooring industries. The usage of Baxxodur products allows customers to achieve a wide range of benefits in their formulation, including curing time, hardness, flexibility, peel strength, chemical and temperature resistance.

BASF’s Lupragen products are highly efficient amine catalysts for Polyurethanes (PU). Those catalysts are typically tertiary amines, which are required to facilitate the reaction of the main components – isocyanate and polyol. Depending on the choice of catalyst, the polyurethane forming process can be controlled to enhance the gelling or blowing reaction. BASF’s Lupragen portfolio includes several low-VOC catalysts which offer support to address the increasing target of sustainable emission reductions.

With about 300 different amines, BASF has one of the world’s most diverse portfolio of chemical intermediates. Along with alkyl-, alkanol- and alkoxyalkylamines, BASF offers heterocyclic and aromatic as well as specialty amines. The range is completed by an expanding portfolio of chiral amines of high optical and chemical purity. The versatile products prove themselves mainly to manufacture process chemicals, pharmaceuticals and crop protection products, as well as cosmetic products and detergents. They also serve to produce coatings, special plastics, composites and special fibers.

Baxxodur® andLupragenTM are trademarks of BASF SE.

https://www.basf.com/us/en/media/news-releases/2022/06/basf-expands-capacity-for-key-specialty-amines-in-north-america.html