Industrial News

Kansai paint India market strategy 2030 Kansai Paint India Kansai Paint targets the No. 2 spot in India's paint market, with a focus on industrial coatings and sustainable growth. The company plans a 10% CAGR in sales and aims to lead in automotive and industrial segments by 2030.
Sherwin-Williams's Q1 2025 Financial report Market Trend Financial statements Sherwin-Williams Sherwin-Williams reported Q1 2025 revenue of $5.31B, driven by strong growth in protective and marine coatings. Despite global headwinds, the company maintained stable profits and reaffirmed full-year guidance.
AkzoNobel Q1 2025 Earnings Report Market Trend AkzoNobel Financial statements AkzoNobel reports €2.613B Q1 2025 revenue with strong marine and protective coatings growth. CEO outlines resilience amid tariffs and economic uncertainty. Adjusted EBITDA margin at 13.7%.
13 Paint Entrepreneurs Listed, Total Wealth Exceeds 250 Billion RMB Nippon Paint Asian Paints Skshu Paint Berger Paints Hurun Global Rich List The 2025 Hurun Global Rich List reveals 13 paint industry entrepreneurs with combined wealth over ¥254.5B. Highlights include Nippon Paint, Asian Paints, Skshu, Mapei, and more.
RPM International's Financial report 2024 Market Trend RPM International Financial statements RPM International reports $5.3B in revenue for the first three quarters of FY2025, down 0.68% YoY. Q3 sales fell due to weather and weak OEM demand. 8 plants merged under MAP 2025.
Tronox to Close Dutch Plant as Titanium Dioxide Revenue Grows to $2.41 Billion Market Trend Financial statements Capacity Titanium dioxide Tronox Holdings announces the closure of its Botlek plant in the Netherlands, as it focuses on optimizing assets and reducing costs. Despite challenges, its titanium dioxide revenue reached $2.41 billion in 2024.
DAI NIPPON's Tender Offer to Acquire Shinto: Low Price and Strategic Synergies Financial statements DAI NIPPON Shinto Deinte announces a tender offer to acquire Shindou Coatings at a 36% discount. The strategic acquisition aims to increase sales, enhance production efficiency, and expand Deinte's coatings business in a mature market.
Huntsman's 2024 Financial Report Financial statements Huntsman Huntsman Corporation announces layoffs and reports Q4 2024 financial results, highlighting challenges in core markets like construction and automotive. The company also raises prices in response to cost pressures.
Waste Plastic Recycling Factory Completed This Year! SK Chemicals Begins to Establish Recycling Solutions Center Capacity SK Chemical SK Chemicals is building Korea's first Plastic Recycling Solutions Center in Ulsan, set to open in 2026. The facility will integrate advanced recycling technologies, including depolymerization and pyrolysis, to process low-quality waste plastics efficiently.
Axalta 2024 Financial Report Financial statements Axalta Axalta's 2024 sales in China reached 4.1 billion RMB, driven by strong demand in the automotive and new energy vehicle markets. The company experienced significant growth, marking a historical high for the region.