POUR POINT DEPRESSANT MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024-2031)

Market News

Recent Development:

• In 2023, AkzoNobel added a pilot manufacturing plant in Huron, Ohio, and an additional regional research and development center in High Point, North Carolina, as part of its investment in the future. The company is using cutting edge technology to produce significant advances in its industrial processes. AkzoNobel is a Dutch multinational company that creates paints and performance coatings for both industry and consumers. The company has a long history of mergers and divestments, and parts of the current company can be traced back to 17th-century companies. AkzoNobel is the world’s third-largest paint manufacturer by revenue after Sherwin-Williams and PPG.
• In 2023, Chevron Oronite announced that its Singapore lubricant additives manufacturing site won the "Excellence in Energy, Greenhouse Gas Management" award at the Energy Efficiency National Partnership (EENP) Awards. Chevron Oronite is a subsidiary of Chevron Corporation and is a world-class developer, manufacturer, and marketer of lubricant and fuel additives and chemicals. The company’s products are designed to help enhance the performance and extend the life of many types of lubricants and fuels.