Alkyd Resin Companies
Alkyd resin companies produce alkyd resins, which are synthetic resins used in the manufacture of paints, coatings, and adhesives. Alkyd resins provide desirable properties such as durability and versatility.
Alkyd resin companies produce alkyd resins, which are synthetic resins used in the manufacture of paints, coatings, and adhesives. Alkyd resins provide desirable properties such as durability and versatility.
May 2023-Â the Polynt Group, in 2022, disclosed the expansion of resin manufacturing to cater to the North American Coatings Market and to fulfill the escalating requirements of the paint and coatings industry. The growth is completely highly efficient and will now be further improved with the launch of Polynt Coatings Canada Limited in Port Moody, BC, in June 2023. The latest funding will enable the group to provide new opportunities for the addition of further capacity and flexibility in traditional oil-modified urethanes, alkyds, and water-based technologies to begin. The new plans indicate the company's persistent oath to support its clients in this dynamic resin marketplace.
June 2023- A prominent participant in bio-based chemistry, Groupe Berkem, has disclosed a memorandum of understanding for the formation of a joint venture with a leading pan-African player in the polyurethane foam, bedding, and industrial joinery sectors, Groupe Dolidol, to build an alkyd resin manufacturing and sales site in the Ivory Coast. With a net funding of €5 million (49% financed by Groupe Berkem and 51% by Groupe Dolidol), the latest alkyd resin manufacturing facility will be the first one in French-speaking West Africa. From the Ivory Coast, it will offer adjacent nations such as Niger, Ghana, Liberia, Guinea, Togo, Mali, Benin, and Burkina Faso as well as European nations.
May 2023:Â In order to service the North American Coatings Market and to fulfill the expanding demands of the paints and coatings industry, Polynt Group announced the expansion of resin manufacturing capacity. The company will be able to produce more traditional alkyds, oil-modified urethanes, and water-based solutions thanks to this financing.
May 2023:Â Due to its environmental efforts throughout its supply chain, Hempel A/S has been recognized by CDP as a pioneer in supplier involvement. According to CDP's 2022 Supplier Engagement Rating (SER), Hempel received an A rating. This will assist the business in raising brand recognition and achieving its market-based sustainability objectives.
In the Year 2022: Groupe Berkem, a world leader in bio-based chemicals, announced the launch of a new line of 100% bio-based alkyd resins for the construction paints market in 2022. Groupe Berkem applies its industrial know-how and innovation to its two historical areas of expertise: plant extraction and formulation. Lixol, a Groupe Berkem subsidiary since its acquisition in 2016, manufactures and markets alkyd resins, also known as glycerophtalic resins, for the paint and coatings, wood preservation, and formed ink sectors. Groupe Berkem has invested in the growth of its portfolio with the goal of converting existing items into bio-based solutions.
Key Companies in the alkyd resin market include
Alkyd Resin Market Highlights:
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