FATTY AMIDES MARKET ANALYSIS

Market News

Recent Developments:

• In May 2022, Kao Corporation announced that the company would establish a new amine plant in Texas. This new plant is scheduled to start operations by 2025, and the annual production capacity of the plant will be 20,000 tons.
• Kao Corporation is a Japanese global chemical and cosmetics company headquartered in Nihonbashi-Kayabacho, Chūō, Tokyo, Japan. The company was founded in June 1887 and is listed as a public company on the Tokyo Stock Exchange. Kao Corporation operates in the personal care and cosmetics industry, with a focus on creating products that contribute to a more sustainable world. The company’s major products include cosmetics, facial and body cleansers, soaps, shampoos, and other related products. Kao Corporation has a strong global presence, with business operations in the Americas, Asia, the Middle East, Africa, and Europe.

Acquisitions and partnerships :

• In January 2021, ChemPoint announced a partnership with allnex in Europe, the Middle East, and Africa. This allnex chosen as partner for marketing sales and distribution of the UVEKOL glass laminating system.
• ChemPoint is a unique distribution platform that provides marketing and sales services for specialty and fine chemicals in North America and EMEA (Europe, the Middle East, and Africa). It was founded in 1999 and is headquartered in Bellevue, Washington, with additional offices in Maastricht, Netherlands. The company operates as a service provider for chemical producers with a distribution backbone, engaging in exclusive product-line relationships with premier manufacturers and providing tailored solutions to over 90 supplier partners and more than 200 product lines. ChemPoint employs more than 200 people globally and is a wholly owned subsidiary of Univar Solutions, a leading global chemical and ingredient distributor.
•  Allnex is a global producer of industrial coating resins and additives for architectural, industrial, protective, automotive, and special purpose coatings and inks. The company was established in 2013 after Advent International acquired the Coating Resins Division. In September 2016, Allnex and Nuplex Industries, a global manufacturer of resins, were merged to form one company, which has its corporate center in Frankfurt am Main, Germany. Allnex has 33 manufacturing facilities, 23 research and technology support centers, and 5 joint ventures spread across five continents: Asia, Europe, North and South America, and Oceania.