EPOXY RESINS PAINTS MARKET ANALYSIS
Key companies are undertaking various strategic alliances and new product launch in order to remain competitive in the epoxy resins market. For instance, in February 2015, Aditya Birla Chemicals (India), Limited, a leading company in epoxy resins, collaborated with Grasim Industries Limited.
In 2016, BASF expanded its portfolio of UV resins by including five new standard epoxy acrylates to the Laromer EA product line.
In September 2016, Royal DSM established its expanded US$ 5 million research and technology center for DSM Engineering Plastics in the Detroit suburb of Troy, Michigan.
In March 2016, Royal DSM N.V., a leading a life sciences and materials sciences company, launched NeoRez, waterborne and solvent-borne urethane resins that give tough finishing for wooden floors or luxury feel and color enhancement for printed packaging and SoluCote, formulated waterborne polyurethane resins for functional textiles.
In August 2018, BASF and Gustav Grolman GmbH & Co. KG strengthened their exclusive collaboration in Europe, under which Grolman will expand the marketing of the BASF specialty chemicals under the Baxxodur brand to France, Norway, Sweden, Finland and Denmark, specifically for use in epoxy resin based applications.
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