 Home > Coatings News > Paints and Coatings Market > Industry | October Events-Tuqi Q3 performance announcement, personnel changes, strict policy control, major mergers and acquisitions...... These major events have affected Tuqi's development since October!

Industry | October Events-Tuqi Q3 performance announcement, personnel changes, strict policy control, major mergers and acquisitions...... These major events have affected Tuqi's development since October!

 Last Update: 2021-03-28
 Source: Internet
 Author: User

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75em;"> For the coatings industry, October is a busy month for acceptance results and sprint performance.

For the coatings industry, October is a busy month for acceptance results and sprint performance.

75em;">On the one hand, many listed companies have announced their financial reports from January to September, and the comparison of data has aroused great attention from industry insiders.
On the other hand, the fourth quarter has officially entered the fourth quarter in October.

In order to sprint the goal for the whole year, many companies are Project bidding, cooperation signing, and investment and construction levels are frequent; in addition, due to internal strategic adjustments, some companies have experienced personnel changes, business mergers or sales in October.

On the one hand, many listed companies have announced their financial reports from January to September, and the comparison of data has aroused great attention from industry insiders.

On the other hand, the fourth quarter has officially entered the fourth quarter in October.

75em;">In order to better help people in the industry to review October, Ai Tubang summarized and sorted out the relevant dynamics of some mainstream companies, and the details are presented as follows; since the third quarter financial report information involves many companies, it will not be presented here.
Ai Tubang will According to the company's third-quarter financial report, it will be organized separately.

In order to better help people in the industry to review October, Ai Tubang summarized and sorted out the relevant dynamics of some mainstream companies, and the details are presented as follows; since the third quarter financial report information involves many companies, it will not be presented here.
Ai Tubang will According to the company's third-quarter financial report, it will be organized separately.

75em;">Financial events such as acquisitions, mergers and acquisitions, and sales of business

Financial events such as acquisitions, mergers and acquisitions, and sales of business

75em;">Nippon Paint: On October 4, Nippon Paint Holdings announced that Nippon Paint Holdings Co.
, Ltd.
has decided to terminate the acquisition of a majority stake in Mecca Paint, a Chinese industrial paint manufacturer.
The company stated that the cancellation of the share purchase has little impact on the company's overall performance.

75em;">Masco: On October 1, Masco announced the sale of Milgard doors and windows to MI Doors and Windows for approximately US$725 million.
It is reported that this strategic action will enable it to focus on future cyclical plumbing products and Decorative building products business (mainly Baise Bear BEHR coating business).

75em;">Axalta: On October 17, Axalta announced that it has recently acquired the production base of the powder coating business in Çerkezköy, Turkey.
The plant is currently being upgraded and will produce all Axalta's high-quality powder products, which are specifically designed for architectural applications.

75em;">Chongqing Three Gorges: According to the Chongqing Stock Exchange, Chongqing Three Gorges Paint Co.
, Ltd.

(Chongqing Three Gorges A) intends to transfer 100% of Chengdu Yu Three Gorges Paint Co.

Nippon Paint: On October 4, Nippon Paint Holdings announced that Nippon Paint Holdings Co.
, Ltd.
has decided to terminate the acquisition of a majority stake in Mecca Paint, a Chinese industrial paint manufacturer.
The company stated that the cancellation of the share purchase has little impact on the company's overall performance.

Masco: On October 1, Masco announced the sale of Milgard doors and windows to MI Doors and Windows for approximately US$725 million.
It is reported that this strategic action will enable it to focus on future cyclical plumbing products and Decorative building products business (mainly Baise Bear BEHR coating business).

Axalta: On October 17, Axalta announced that it has recently acquired the production base of the powder coating business in Çerkezköy, Turkey.
The plant is currently being upgraded and will produce all Axalta's high-quality powder products, which are specifically designed for architectural applications.

75em;">Chongqing Three Gorges: According to the Chongqing Stock Exchange, Chongqing Three Gorges Paint Co.
, Ltd.
(Chongqing Three Gorges A) intends to transfer 100% of Chengdu Yu Three Gorges Paint Co.

, Ltd.
It is currently undergoing pre-disclosure on the Stock Exchange.

Chongqing Three Gorges: According to the Chongqing Stock Exchange, Chongqing Three Gorges Paint Co.

75em;">Strategic events such as production expansion, investment & contract signing

Strategic events such as production expansion, investment & contract signing

75em;">Guke Energy Conservation: In early October, Guke Energy Conservation Technology Co.
, Ltd.
planned to invest 4.
8 million yuan to expand the project with an annual output of water-based paint and compatible materials of approximately 20,000 tons.

75em;">Sankeshu: In early October, Sankeshu Waterproof Anhui factory put into production 2 waterproof coating production lines and 2 waterproof membrane production lines, mainly producing Sankeshu waterproof self-adhesive membrane, modified bitumen waterproof membrane, waterproof coating, This is the beginning of the fourth quarter of 2019.

75em;">Water-based Ketian: On October 6, Lanzhou Ketian Investment Holding Co.
, Ltd.
issued a statement stating that it would stop the cooperation between its two major brands: Water-based Ketian and Zhongchuan 001 in the new season with the Houston Rockets.

with an annual output of 460,000 tons of coatings and ancillary products Construction projects and equipment procurement projects are planned to start construction in March next year.

75em;">Nippon Paint: On October 16, the opening ceremony of Nippon Paint (Qingyuan) Co.
, Ltd.

was held in Guangqing Industrial Park.

75em;">Qingdao area: On October 16th, 10 key projects with a total investment of 10.
8 billion yuan were started in the Dongjiakou Economic Zone of Qingdao West Coast New District.

Among them, the new environmentally friendly adhesive and water-based paint project will produce about 140,000 new environmentally-friendly adhesives encouraged by the state.

Guke Energy Conservation: In early October, Guke Energy Conservation Technology Co.
, Ltd.
planned to invest 4.
8 million yuan to expand the project with an annual output of water-based paint and compatible materials of approximately 20,000 tons.

Sankeshu: In early October, Sankeshu Waterproof Anhui factory put into production 2 waterproof coating production lines and 2 waterproof membrane production lines, mainly producing Sankeshu waterproof self-adhesive membrane, modified bitumen waterproof membrane, waterproof coating, This is the beginning of the fourth quarter of 2019.

Water-based Ketian: On October 6, Lanzhou Ketian Investment Holding Co.
, Ltd.
issued a statement stating that it would stop the cooperation between its two major brands: Water-based Ketian and Zhongchuan 001 in the new season with the Houston Rockets.

75em;">Jiabaoli: On October 10, the Jiabaoli Group issued the "Anhui Jiabaoli New Plant Construction Project and Equipment Procurement Tender Announcement": The bidding project is Anhui Jiabaoli Technology Materials Co.
, Ltd.
with an annual output of 460,000 tons of coatings and ancillary products Construction projects and equipment procurement projects are planned to start construction in March next year.

Jiabaoli: On October 10, the Jiabaoli Group issued the "Anhui Jiabaoli New Plant Construction Project and Equipment Procurement Tender Announcement": The bidding project is Anhui Jiabaoli Technology Materials Co.
, Ltd.
with an annual output of 460,000 tons of coatings and ancillary products Construction projects and equipment procurement projects are planned to start construction in March next year.

75em;">Nippon Paint: On October 16, the opening ceremony of Nippon Paint (Qingyuan) Co.
, Ltd.
was held in Guangqing Industrial Park.
This plant is the fourth smart manufacturing plant that Nippon Paint China opened this year after the Jinan, Chengdu and Kunming plants.

Nippon Paint: On October 16, the opening ceremony of Nippon Paint (Qingyuan) Co.
, Ltd.
was held in Guangqing Industrial Park.
This plant is the fourth smart manufacturing plant that Nippon Paint China opened this year after the Jinan, Chengdu and Kunming plants.

75em;">Qingdao area: On October 16th, 10 key projects with a total investment of 10.
8 billion yuan were started in the Dongjiakou Economic Zone of Qingdao West Coast New District.
Among them, the new environmentally friendly adhesive and water-based paint project will produce about 140,000 new environmentally-friendly adhesives encouraged by the state.
About 60,000 tons of water-based paint.

Qingdao area: On October 16th, 10 key projects with a total investment of 10.
8 billion yuan were started in the Dongjiakou Economic Zone of Qingdao West Coast New District.
Among them, the new environmentally friendly adhesive and water-based paint project will produce about 140,000 new environmentally-friendly adhesives encouraged by the state.
About 60,000 tons of water-based paint.

75em;">Corporate events such as personnel changes and listing

Corporate events such as personnel changes and listing

75em;">Matsui New Materials: On October 12, the Shanghai Stock Exchange accepted Hunan Matsui New Materials Co.
, Ltd.
's application for listing on the Science and Technology Innovation Board.
The number of shares to be issued this time is not less than 19.
9 million shares (without considering the over-allotment option for this issuance), and the total share capital after the issuance is not less than 79.
6 million shares (without considering the over-allotment option for this issuance).

75em;">PPG: On October 21, PPG announced the appointment of Steve Pocock (Steve Pocock) as the vice president of North and East EMEA architectural coatings, effective immediately.

75em;">BASF: On October 22, according to official news from BASF Greater China: BASF's European Board of Supervisors decided to reduce the number of members of the company's executive board from seven to six as of January 1, 2020.
Sanjeev Gandhi, a member of the board of directors, proposed to leave the company due to family reasons, and he will leave on December 31.

75em;">Nippon Paint: On October 25th, Nippon Paint Holdings Co.
, Ltd.
announced that its board of directors decided to be outside its registered headquarters (No.
2-1-2, Dayangdu North 2nd Road, Kita-ku, Osaka Prefecture) on April 1, 2020.
, The establishment of the Tokyo headquarters with global headquarters functions, the corporate headquarters in Osaka remains unchanged.

75em;">Haihong Elderly: Hempel announced that it has joined the Getting to Zero Coalition, a multi-stakeholder group that aims to launch commercially viable zero-emission ships by 2030.

Matsui New Materials: On October 12, the Shanghai Stock Exchange accepted Hunan Matsui New Materials Co.
, Ltd.
's application for listing on the Science and Technology Innovation Board.
The number of shares to be issued this time is not less than 19.
9 million shares (without considering the over-allotment option for this issuance), and the total share capital after the issuance is not less than 79.
6 million shares (without considering the over-allotment option for this issuance).

75em;">PPG: On October 21, PPG announced the appointment of Steve Pocock (Steve Pocock) as the vice president of North and East EMEA architectural coatings, effective immediately.

PPG: On October 21, PPG announced the appointment of Steve Pocock (Steve Pocock) as the vice president of North and East EMEA architectural coatings, effective immediately.

BASF: On October 22, according to official news from BASF Greater China: BASF's European Board of Supervisors decided to reduce the number of members of the company's executive board from seven to six as of January 1, 2020.
Sanjeev Gandhi, a member of the board of directors, proposed to leave the company due to family reasons, and he will leave on December 31.

Nippon Paint: On October 25th, Nippon Paint Holdings Co.
, Ltd.
announced that its board of directors decided to be outside its registered headquarters (No.
2-1-2, Dayangdu North 2nd Road, Kita-ku, Osaka Prefecture) on April 1, 2020.
, The establishment of the Tokyo headquarters with global headquarters functions, the corporate headquarters in Osaka remains unchanged.

75em;">Haihong Elderly: Hempel announced that it has joined the Getting to Zero Coalition, a multi-stakeholder group that aims to launch commercially viable zero-emission ships by 2030.

Haihong Elderly: Hempel announced that it has joined the Getting to Zero Coalition, a multi-stakeholder group that aims to launch commercially viable zero-emission ships by 2030.

75em;">Industry policies and standards

Industry policies and standards

75em;">Ministry of Industry and Information Technology: On October 12, the Ministry of Industry and Information Technology announced 223 industry standards, covering "Natural Resin Emulsion for Coatings", "Coatings for Rail Transit Vehicles Part 2: Arc Resistant Insulating Coatings", and "Petrochemicals Acid-resistant anti-corrosion coatings for the inner walls of equipment", "Graphene zinc powder coatings", "Hot-melt fluororesin (PVDF) coatings", "Water-based fluororesin coatings", "Powder coatings for metal guardrails", "Glossary of floor materials" And definitions" 8 paint industry standards.

75em;">CNOOC Changtu Institute & Dow Chemical: On October 15th, the Ministry of Industry and Information Technology announced 545 industry standards, 33 recommended national standards and 10 foreign language versions of industry standards.
Among them: CNOOC Changzhou Coating Chemical Research Institute Co.
, Ltd.
, Tao The industry standard of "Bio-based Emulsion Interior Wall Coatings" drafted by Biochem (China) Co.
, Ltd.
is listed.
This standard is a recommended standard and is planned to be completed in 2021.
It is reported that the formulation of this standard is the first time in my country.

75em;">Emergency Management Department: On October 16, the website of the Emergency Management Department published the "Special Controlled Hazardous Chemicals Catalog (First Edition) (Draft for Solicitation of Comments)".
Strictly examine and approve construction projects with special control of hazardous chemicals, strictly enforce the admission of practitioners, and implement fixed storage management.
The controlled hazardous chemicals include ethylene oxide, vinyl chloride, dimethyl ether, 1,2-propylene oxide, Methanol, ethanol, etc.

75em;">Guangdong: On October 14, the Guangdong Provincial Market Supervision Administration (Intellectual Property Office) issued a notice on the implementation rules for the quality supervision and random inspection of 9 products such as furniture, including the implementation rules for the quality supervision and random inspection of paint products in Guangdong Province in 2019.
The products inspected during the supervision and inspection are coatings, including solvent-based wood coatings, synthetic resin emulsion interior wall coatings (finish paint), architectural exterior wall paints (water-based, top paint), building waterproof coatings and water-based wood coatings.

75em;">Office of the United States Trade Representative: On October 23, local time in the United States, the Office of the United States Trade Representative (USTR) announced the 14th batch of product exclusion announcements under the US$200 billion tariff increase list.
This exclusion involves a total of 83 products.

75em;">World Health Organization: October 20 to 26 is the "International Action Week for Lead Poisoning Prevention".
On October 22, the World Health Organization calls on all countries to formulate laws, regulations or enforceable standards to stop the manufacture, import and sale of lead paint , But currently only 73 countries have formulated legally binding policies.

Ministry of Industry and Information Technology: On October 12, the Ministry of Industry and Information Technology announced 223 industry standards, covering "Natural Resin Emulsion for Coatings", "Coatings for Rail Transit Vehicles Part 2: Arc Resistant Insulating Coatings", and "Petrochemicals Acid-resistant anti-corrosion coatings for the inner walls of equipment", "Graphene zinc powder coatings", "Hot-melt fluororesin (PVDF) coatings", "Water-based fluororesin coatings", "Powder coatings for metal guardrails", "Glossary of floor materials" And definitions" 8 paint industry standards.

CNOOC Changtu Institute & Dow Chemical: On October 15th, the Ministry of Industry and Information Technology announced 545 industry standards, 33 recommended national standards and 10 foreign language versions of industry standards.
Among them: CNOOC Changzhou Coating Chemical Research Institute Co.
, Ltd.
, Tao The industry standard of "Bio-based Emulsion Interior Wall Coatings" drafted by Biochem (China) Co.
, Ltd.
is listed.
This standard is a recommended standard and is planned to be completed in 2021.
It is reported that the formulation of this standard is the first time in my country.

Emergency Management Department: On October 16, the website of the Emergency Management Department published the "Special Controlled Hazardous Chemicals Catalog (First Edition) (Draft for Solicitation of Comments)".
Strictly examine and approve construction projects with special control of hazardous chemicals, strictly enforce the admission of practitioners, and implement fixed storage management.
The controlled hazardous chemicals include ethylene oxide, vinyl chloride, dimethyl ether, 1,2-propylene oxide, Methanol, ethanol, etc.

Guangdong: On October 14, the Guangdong Provincial Market Supervision Administration (Intellectual Property Office) issued a notice on the implementation rules for the quality supervision and random inspection of 9 products such as furniture, including the implementation rules for the quality supervision and random inspection of paint products in Guangdong Province in 2019.
The products inspected during the supervision and inspection are coatings, including solvent-based wood coatings, synthetic resin emulsion interior wall coatings (finish paint), architectural exterior wall paints (water-based, top paint), building waterproof coatings and water-based wood coatings.

Office of the United States Trade Representative: On October 23, local time in the United States, the Office of the United States Trade Representative (USTR) announced the 14th batch of product exclusion announcements under the US$200 billion tariff increase list.
This exclusion involves a total of 83 products.

World Health Organization: October 20 to 26 is the "International Action Week for Lead Poisoning Prevention".
On October 22, the World Health Organization calls on all countries to formulate laws, regulations or enforceable standards to stop the manufacture, import and sale of lead paint , But currently only 73 countries have formulated legally binding policies.

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