SOCMA Acquires Specialty & Custom Chemicals Show

Comes | September 03, 2020

SOCMA Acquires Specialty & Custom Chemicals Show
The Society of Chemical Manufacturers & Affiliates (SOCMA) is pleased to announce it is returning to trade show ownership with the acquisition of the Specialty & Custom Chemicals Show, a trade show founded in 2019 and produced by Chemicals America. "As a galvanizing force for the specialty and custom chemical community, it is SOCMA's role and responsibility to connect the supply chain," said SOCMA President and CEO Jennifer Abril. "When we sold InformEx in 2005, it left a void. Our industry thrives on face-to-face, intimate interactions to solidify business partnerships and fulfill supply chain needs, and without InformEx that unique space for connecting was severed for SOCMA. Returning to the trade show space underpins our strategic focus to offer commercial growth opportunities for our members and the industry, alongside our year-round trove of tools and resources."

Spotlight

A mere 50 years ago, we knew almost nothing about the planets of our solar system. We had essentially no informaton on the chemical properties of the planets and their atmospheres until 1969, when NASA launched the Mariner 6 and 7 spacecraft, which both flew within a few thousand miles of Mars.


Other News

Colorful palette: Ceresana examines the world market for pigments

Ceresana | September 24, 2020

Small particles provide orientation and signal effect as well as camouflage and sun protection, if necessary: pigments are coloring substances that are essentially insoluble in water or other application media. They are mainly added to paints and coatings, plastics, and building materials (soluble dyes, on the other hand, are mainly used for dyeing liquids). Ceresana has now analyzed the entire market for pigments for the sixth time. The region Asia-Pacific accounted for the largest share of global demand in 2019. The market researchers at Ceresana also expect the highest growth over the coming years for this region of the world, together with Africa. Global demand for pigments is forecast to increase to around 11.14 million tonnes by 2027. Surface Decoration and Protection The most important sales market for the pigment industry in 2019 was the application area paints and coatings with a demand of 4.65 million tonnes. The demand in the category plastics ranked second by a considerable margin, followed by the application areas construction materials, printing inks, and paper. Interior and facade paints for the construction industry account for around 2.4 million tonnes of pigments. The second largest sub-market is industrial products, where coatings can perform a variety of functions: protection against environmental influences, decoration, as well as, for example, electrical insulation for electrical goods or an oxygen barrier for food packaging. Pigments for Plastics and Printing Inks With around 1.3 million tonnes, rigid and flexible packaging accounts for the majority of pigment applications in the plastics sector. The second largest area of use is in industrial applications, for example in components for the automotive industry, electrical engineering and electronics, mechanical engineering, medical technology, and the agricultural industry. With regard to printing inks, the use of pigments in offset printing dominates the total market for printing inks with a share of 52%. The second largest application is the use of pigments in flexographic printing, which is used in particular for flexible packaging, cellulose and nonwovens, labels, corrugated cardboard, cardboard boxes, and films. Titanium Dioxide and Iron Oxide are the Most Important Pigment Types Inorganic and organic pigments can be distinguished by their chemical composition: organic pigments are based on carbon whereas inorganic pigments are usually metal salts. The white, inorganic compound titanium dioxide (TiO2) accounts for about 59% of the global demand for pigments. Titanium dioxide is mainly used for paints and coatings. The second largest sales market is iron oxide pigments, the most widely used inorganic color pigment. Carbon black follows in third place: it is primarily used as a filler for rubber applications, especially in car tires; however, it can also be used as a pigment. The other inorganic pigments as well as all organic pigments, such as azo pigments or polycyclic pigments, only account for a small part of the global pigment market with a total volume of less than 1 million tonnes. Their range of applications, however, is very broad: they offer outstanding color strength, light and weather resistance or other properties for special applications. The Study in Brief: Chapter 1 provides an overview and analysis of the global pigment market – including forecasts up to 2027: the development of revenues, demand and production is discussed for each region of the world. The demand figures are divided into the pigment types: Titanium dioxide, carbon black, iron oxides, other inorganic pigments, organic pigments. The various application areas of pigments are also being examined: Paints and coatings (split into the sub-markets construction industry, automotive coatings, industry, and other paints and coatings), plastics (divided by the segments packaging, construction industry, industry, and other plastic applications), paper, construction material, printing inks (split into the categories offset printing, flexo printing, and other printing processes) and other application areas. Chapter 2 analyzes 31 countries in detail: demand, export, import, production, and revenues. The market data on consumption volumes per country are divided by the individual pigment types and areas of application. Chapter 3 provides useful company profiles of the 103 most important pigment manufacturers. It is clearly structured according to contact details, revenues, profit, product portfolio, production facilities, and profile summary. About Ceresana As one of the world's leading market research institutes, Ceresana is specialized in the segments chemicals, plastics, packaging, and industrial goods. Companies have been benefiting from our high-quality industry analyses and forecasts since 2002. More than 190 market studies provide more than 10,000 customers around the world with the knowledge base for their sustainable success. Find more information about Ceresana at www.ceresana.com

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MARKET OUTLOOK

Aemetis Signs Agreement to Purchase 125-Acre Former U.S. Army Facility to Produce Sustainable Aviation Fuel and Renewable Diesel

Aemetis, Inc. | December 23, 2021

Aemetis, Inc. a leading producer of dairy Renewable Natural Gas and developer of the "Carbon Zero" renewable jet/diesel biorefineries, announced today it signed a Master Developer Agreement with the City of Riverbank to lease/purchase the 125-acre former military base in Riverbank, California known as the Riverbank Industrial Complex. The Riverbank facility features 710,000 square feet of existing buildings, a four-mile railroad loop with 120 railcar storage capacity, and an onsite hydroelectric substation with 100% low carbon hydroelectric power. The site has received more than $72 million of federal funding for facility upgrades and remediation since being decommissioned as an army base. Aemetis plans to build the "Carbon Zero 1" sustainable aviation fuel and renewable diesel biorefinery at the site. The plant is designed to use hydroelectric and other renewable power available onsite to produce 90 million gallons per year of sustainable aviation fuel, renewable diesel, and other byproducts. The plant is expected to supply the aviation and truck markets with ultra-low carbon renewable fuels to reduce greenhouse gas emissions and other pollutants associated with conventional petroleum-based fuels. The Riverbank Industrial Complex was an ammunition production facility employing about 3,500 people and has been converted to civilian use, including approximately 35 companies employing around 650 people. Under the terms of the Master Developer Agreement and as the owner of the properties as parcels are transferred, Aemetis will manage current tenants, utilize existing production facilities for new tenants or as production facilities, and develop vacant portions of the site with planned renewable fuels and carbon sequestration facilities. A federal job study estimated 2,014 direct and indirect jobs will be created as a result of developing the Aemetis biofuels plant. "This project, from staff's perspective, has significant potential to create an industrial job center for not only Riverbank, but the whole region," said City Manager Sean Scully during the City Council meeting on December 14th in which the agreement was unanimously approved. In mid-2018 after a competitive review process, the City of Riverbank selected Aemetis as the master developer and acquirer of the Riverbank Industrial Complex property. The City of Riverbank has managed the complex since the military leased the site to the City for conversion from military to private use. "I've often stated that the City of Riverbank should not be in the business of running the Industrial Complex. Finding the right entity to take over that task and come up with a deal that was good for all was at times very painful – and highly rewarding. We are truly grateful to form this partnership. There's nothing like this effort locally and this project has regional significance." Riverbank Mayor Richard O'Brien The Aemetis agreement to acquire the Riverbank Industrial Complex paves the way for a clean energy economic and environmental renaissance in the California Central Valley. The Aemetis Carbon Zero facility is designed to support almond and other orchard farmers to dispose of wood waste by converting a portion of the 3 billion pounds of annual orchard wood waste into negative carbon intensity, renewable hydrogen used in sustainable jet and renewable diesel fuel production. Aemetis has received a grant for $5 million from the California Energy Commission for the engineering and construction of biofuels production facilities at the Riverbank site. Aemetis recently signed $2.1 billion of sustainable aviation fuel supply agreements with Delta Air Lines to supply 250 million gallons under a 10 year agreement and with American Airlines to supply 280 million gallons, for delivery to the San Francisco Airport. In addition to American, Aemetis has also signed memorandums of understanding for sustainable aviation fuel with seven other oneworld Alliance airlines. In mid-December, Aemetis announced a $3 billion, 450 million gallon, 10 year supply agreement with a large travel stop company to supply renewable diesel to California fueling locations. About Aemetis Aemetis has a mission to transform renewable energy with below zero carbon intensity transportation fuels. Aemetis has launched the Carbon Zero production process to decarbonize the transportation sector using today's infrastructure. Aemetis Carbon Zero products include zero-carbon fuels that can "drop-in" to be used in airplanes, truck, and ship fleets. Aemetis low-carbon fuels have substantially reduced carbon intensity compared to standard petroleum fossil-based fuels across their lifecycle.

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MARKET OUTLOOK

New start: Ceresana study on the market for coatings in the automotive industry

Ceresana | March 30, 2021

Automotive coatings do not just look good, they also protect the surface of vehicles against scratches, UV light, rust, fuel splashes, and other hazards. The automotive industry is one of the biggest consumers of coatings. The market research institute Ceresana has examined how the global market for automotive paints and coatings is recovering from the Corona crisis. Despite a massive decline, around 3.4 million tonnes of these high-performance coatings were consumed around the world in 2020. This latest study covers the coating of all components that are manufactured by suppliers or vehicle manufacturers and installed in road vehicles. It examines the use in passenger cars and commercial vehicles (trucks, vans, buses) - both in new construction and for spare parts. Number of Car Registrations is Increasing Again The global sales of new cars had already reached its peak in 2017 with more than 70 million units. Since then, i. a. the declining momentum in the emerging markets, especially the BRIC countries, has led to a drop in passenger car sales. The spread of Covid-19 caused a dramatic decline in the last year, with the number of new registrations decreasing by around 15% worldwide. However, a large part of the decline occurred in the first half of 2020. A recovery started already in the second half of the year, albeit to varying degrees depending on the country. More Refinish Coatings, Fewer OEM Coatings The financial losses suffered by many households as a result of the crisis will probably continue to have an effect for several years and will influence consumer behavior: Used cars gain in importance wherever new cars are unaffordable. Ceresana has conducted a detailed analysis of the demand for individual coating layers, areas of application, technologies, and product types. The market researchers expect coatings in the refinish segment to gain several percentage points of market share over OEM coatings in the course of 2021 or 2022. The slight time lag is due to the fact that the number of driven kilometers - and thus the demand for refinish coatings - is only gradually increasing again. Large Quantities of Basecoats High demands are placed on the quality and properties of automotive coatings. Full, partial, and individual part coatings are applied in the event of damage, for used cars, and for special new car coatings at the factory or dealership. The coating process can be divided into the following steps: cathodic dip coating, underbody protection and application of primer surfacer, basecoat, and clearcoat. Primer surfacers are used to even out surface irregularities and improve the adhesion of subsequent layers. The most important paint layer in terms of quantity is the basecoat, followed by the electrodeposition coating. The basecoat is a coloring layer and largely determines the appearance of the overall paint finish. Electrodeposition coating is primarily used to protect vehicle bodies from corrosion. The analysts at Ceresana expect the market for basecoats to reach a level of around 1.4 million tonnes in 2030. The Study in Brief: Chapter 1 provides an overview of the global market for coatings in the automotive industry - including forecasts up to 2030. Demand and revenues are presented for the regions Western and Eastern Europe, North America, South America, Asia-Pacific, the Middle East, and Africa. Chapter 2 provides market data for the 16 most important countries, i.e. including country-specific demand and revenues. Demand is analyzed in detail for different coating layers (electrodeposition coating, primer surfacer, basecoat, clearcoat), application areas (OEM coatings, refinish coatings), technologies (solvent-borne, water-borne, others) and product types (epoxy, polyurethanes/PUR, acrylic, others). Chapter 3 provides company profiles of the most important manufacturers of coatings for the automotive industry, clearly arranged according to contact information, sales, profit, product range, production sites, and profile summary. Detailed profiles are provided for 56 manufacturers. Further information: www.ceresana.com/en/market-studies/industry/automotive-coatings/ About Ceresana As one of the world's leading market research institutes, Ceresana is specialized in the segments chemicals, plastics, packaging, and industrial goods with a focus on transportation / mobility. Companies have been benefiting from our high-quality industry analyses and forecasts since 2002. More than 200 market studies provide more than 10,000 customers around the world with the knowledge base for their sustainable success. Find more information about Ceresana at www.ceresana.com Ceresana Mainaustrasse 34 78464 Konstanz Germany Press contact: Martin Ebner, m.ebner@ceresana.com

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RAW MATERIALS

Clariant completes sale of its Pigments business

Clariant International Ltd | January 04, 2022

Clariant, a focused, sustainable and innovative specialty chemical company, completed the sale of its Pigments business to a consortium of Heubach Group and SK Capital Partners. As announced upon signing of the transaction, the base enterprise value of the sale amounts to CHF 805 million subject to closing accounts adjustments and before a potential earn-out payment of CHF 50 million which is subject to the business’ 2021 financial performance. Clariant rolled over approximately CHF 115 million to retain a 20 % stake in the new holding company, alongside Heubach and SK Capital. This combined business is a global pigments player with approximately 3 000 employees generating approximately EUR 1 billion in annual sales with strong service and production capabilities across the globe. This roll-over allows Clariant to further benefit from the improving profitability of the Pigments business, participate in future growth opportunities and realize synergies via the combination with Heubach’s Pigments business. Clariant’s net cash inflow after roll-over and initial debt adjustments, but before closing account adjustments, tax, transaction cost and a potential earn-out payment amounts to approximately CHF 615 million. Clariant intends to use the proceeds of the divestment to invest into growth projects within the core Business Areas, execute the strategy along sustainability and innovation, fund the performance improvement programs as well as strengthen Clariant’s balance sheet to reach and defend a solid investment rating. “The Pigments divestment concludes Clariant’s transformation into a high-value specialty chemical company, allows us to invest in profitable growth in our most attractive segments and to address the increasing demand for more sustainable products. We are convinced that the Heubach and SK Capital consortium is the best owner of the Pigment activities and I wish our former colleagues all the best in their new environment. Clariant looks forward to participating in the group’s further development as a shareholder.” Conrad Keijzer, Chief Executive Officer of Clariant

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Spotlight

A mere 50 years ago, we knew almost nothing about the planets of our solar system. We had essentially no informaton on the chemical properties of the planets and their atmospheres until 1969, when NASA launched the Mariner 6 and 7 spacecraft, which both flew within a few thousand miles of Mars.

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