India Automotive Paints And Coatings News

Related Paints and Coatings Industry News

• October 2022: Benjamin Moore & Co. enhanced its ultra-premium AURA Interior paint with a new acrylic resin and cutting-edge formula to bring the coating to new heights of beauty and performance.
• September 2022: Kelly Moore Paints was acquired by Flacks Group, a global investment firm. Flacks Group acquired 157 retail stores across California, Nevada, Texas, and Oklahoma and manufacturing facilities in Hurst, Texas. This move will strengthen the company's position in the North American region.

• May 2022: BASF expanded its Automotive Coatings Application Center at the Coatings Technology Center in Mangalore, India in order to boost its customer service capability.
• February 2022: The long-standing cooperation between McLaren Racing and AkzoNobel was extended and enhanced. The new multi-year agreement was expected to build on the successful 13-year partnership and explore new sustainability, technical innovation, and product development potential.

• April 2023: BICO Steel announced that it has acquired RE Metal Finishing, further developing its extensive steel processing and fabrication capabilities. RE Metal Finishing, which has been renamed BICO Metal Finishing, provides steel peening and metal finishing services to a variety of end markets, including aerospace, automotive, canning, paper conversion, consumer goods, building products, and oil and gas, amongst others.
• August 2022: MKS Instruments, Inc., a global provider of technologies that enabled advanced processes and improved productivity, announced the completion of the previously announced acquisition of Atotech Limited for approximately USD 4.4 billion. The acquisition of Atotech positions MKS to accelerate roadmaps for future generations of advanced electronic devices.

Recent developments pertaining to the major players in the market are covered in the complete study.

• Recent developments pertaining to the market studied will be covered in the complete report.

• March 2023: PPG launched PPG SIGMAGLIDE 2390 marine coating to help shipowners lower power consumption and carbon emissions and meet demands for higher performance with no adverse impact on the marine environment.
• March 2023: Hempel joined the International Maritime Organization's (IMO) Global Industry Alliance (GIA) for Marine Biosafety to collaborate with the industry to reduce shipping emissions and mitigate the spread of invasive species.

July 2023: Crown Trade aims to strengthen its commitment to creating a more sustainable built environment with the launch of an innovative new air purifying paint that’s ultra-low in volatile organic compounds (VOCs). The product contains advanced air purifying technology that removes up to 45% of formaldehyde from the air, helping to improve indoor air quality from the very first coat.

August 2022: Arkema, a global leader in specialty materials for paints and coatings, launched SYNAQUA 9511, a new performance waterborne binder for use in formulating industrial paints with low VOC levels (150 g/l).

• August 2022: Axalta Coating Systems Ltd., a leading global coatings company, launched Cromax Gen, its next-generation basecoat technology, for the automotive refinishing industry in Latin America. The new product aided body shops in increasing productivity and lowering costs.
• July 2022: Akzo Nobel N.V. acquired the wheel liquid coatings business of Lankwitzer Lackfabrik GmbH. The acquisition deal helped strengthen the company's performance coatings portfolio.

• August 2022: PPG said it would spend USD 11 million to double the amount of powder coatings it can make at its plant in San Juan del Rio, Mexico.The project to expand should be done by the middle of 2023. This will allow the plant to meet the expected demand for powder coatings in Mexico in the future.
• Sherwin-Williams Co. said in June 2022 that it had finished buying Sika AG's European industrial coatings business. The acquired business will become part of the company's Performance Coatings Group operating segment.
• April 2022: PPG said that it had completed its purchase of Arsonsisi, an industrial coatings company based in Milan, Italy, and its powder coatings business. PPG will receive a highly automated, small- and large-batch capable powder manufacturing plant in Verbania, Italy, as part of the transaction.

• In February 2022, OC Oerlikon Management AG expanded its online ordering service in European countries through the Oerlikon Metco e-commerce site after a positive response from United States customers. The online site offers various services, including thermal spray. This type of expansion helps the company gain consumer attraction in the market.
• In January 2022, OC Oerlikon Management AG expanded its production capacity by introducing a new laser cladding center in Huntersville, NC.
• In August 2021, Lincotek Equipment and Uniquecoat Technologies LLC partnered to further the growth of HVAF coatings across the European market. Uniquecoat Technologies LLC is focused on developing thermal processes and manufactures a broad range of thermal spray systems and supporting equipment.