Paint & Coatings Industry - November 2008 - (Page 22)

C O M PA NY NEWS Bayer Opens Waterborne Dispersions Facility in Asia SHANGHAI, China – Bayer MaterialScience has celebrated the startup of a new 20,000-tons-per-year facility for polyurethane dispersions (PUD) at the Bayer Integrated Site in Shanghai. With the new facility, Bayer MaterialScience will have PUD production facilities in each of the world’s major industrial regions and is positioned to meet the growing demand for environmentally friendly raw materials for coatings and adhesives in China and the Asia-Pacific market. “In China, environmental protection has become a major concern of the Chinese citizens and is also recognized as a priority by China’s government. In recent years, there has been a significant increase in awareness and demand for environmentally responsible products and services in China. That is why we are bringing our highquality raw materials and advanced technology to China,” stressed Joachim Wolff, member of the Executive Committee of Bayer MaterialScience and Head of the Coatings, Adhesives, Specialties (CAS) Business Unit. “Besides the production facility, we have invested a great deal at our Polymer Research & Development Center, which features our application and testing facilities for CAS formulations,” Wolff added. Reichhold Plans Resin Plant in China RESEARCH TRIANGLE PARK, NC – In a move designed to better serve its global customers for composite resins, Reichhold has announced plans to expand into the fast-growing Chinese market and will build a resin factory near Tianjin, China. The company has acquired land for the factory in the Tianjin Economic Technological Development Area (TEDA). Phase I of the new plant is scheduled for completion by the end of 2009. This first phase will have resin capacity of 12,000 tons per year and will also be capable of producing vinyl esters, gel coats and structural adhesives. lishing a comprehensive environmental policy, creating and enforcing a rigorous environmental management system (EMS), and reducing its manufacturing and operational energy requirements through process improvements.” BASF Leads Sustainability Index LUDWIGSHAFEN, Germany – BASF has been recognized as the leading chemical company in the Dow Jones Sustainability World Index (DJSI World). The company was recognized for its climate strategy, its environmental and social reporting, and for developing innovative and ecoefficient products. The DJSI World represents the top 10 percent of the largest 2,500 companies in each industry in the Dow Jones Global Index. Troy Receives Environmental Award FLORHAM PARK, NJ – The Troy Corp. manufacturing facility in Newark, NJ, has been awarded the New Jersey Department of Environmental Protection Stewardship Award. This award is given to members of the regulated community who are engaged in positive activities that benefit the environment. Edward Capasso, Corporate Director Environmental/ Regulatory Affairs, stated, “Troy Corp. has continued its commitment to leading environment stewardship by estab20 NOVEMBER 2008 | W W W . P C I M A G . C O M Dow Epoxy Receives EIA Approvals for Shanghai Plants SHANGHAI, China – Dow Epoxy, a business unit of The Dow Chemical Co., has received approval from China’s Ministry of Environmental Protection for environmental impact assessments (EIA) for plans to build a 100,000 MTPA liquid epoxy resin (LER) plant and a 150,000 MTPA glycerine-to- http://WWW.PCIMAG.COM

Table of Contents Feed for the Digital Edition of Paint & Coatings Industry - November 2008

Paint and Coatings Industry - November 2008 Contents Viewpoint Industry News Calendar of Events Company News Mergers and Acquisitions Names in the News HiTone Resins for Enhanced Pigment Affinity of Powder Coatings New Water-Based Interior Coatings Combine Innovation and Quality With Respect for the Environment Novel, UV-Curable Nanotechnology-Enabled Coatings Highly Weather-Resistant Radiation-Curable Monomers and Oligomers for Exterior Applications Konica Minolta — Sensing Success for Viracon Self-Crosslinkable Thermosetting Acrylics for Use in Water-Dilutable Coatings Paint and Criminal Forensic Science Supplier and Application/Curing Showcases Materials Watch Classifieds Advertiser Index

Paint & Coatings Industry - November 2008

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