Canadian Finishing and Coatings Manufacturing

 

July 29, 2022 

 

IMG ResinsIGM Resins, a Netherlands-based global provider of energy curing raw material solutions, recently acquired Litian, a Chinese manufacturer of energy curing resins. This acquisition will help IGM further expand its global footprint, strengthen its supply chain, and enhance its position in energy curing solutions with a combined product portfolio. IGM now has three distinct product lines—a large range of photoinitiators, a strong offering of energy curing resins, and a selection of additives—boosting its position in the energy curing industry. This transaction also supports IGM’s backward integration of key raw materials, while reinforcing its local presence in Asia.

Litian is currently the second-largest Chinese producer of UV acrylates. It offers a complete portfolio of customizable monomers and oligomers and has valuable capacities of ployether polyols, the key raw materials for monomers.

In addition, Litian has demonstrated a strong commitment to safety and sustainability over the years with its “safety first, environmental protection first” principle, which made the company a second-level safety standardization enterprise in 2015 and, to date, has never had a major safety accident. Furthermore, 80 per cent of the company’s electricity consumption is from wind power. Litian can also manufacture all products through a self-developed toluene-free process to meet market demand and continues to invest in three-waste treatment technologies and facilities.

For IGM, this acquisition marks an important milestone on its “Go, Gro, Green” strategic journey as the company looks to develop its global footprint and supply chain while considering its sustainability roadmap.

“By acquiring Litian, a leading global resin manufacturer for UV technology with who we share a close relationship based on shared values, we will be able to offer more value to our customers, drive the resilience of our organization by growing a full portfolio of energy curing solutions, and continue to better position ourselves for the future,” said Wilfrid Gambade, CEO of IMG. “This is a clear step to a more global footprint to support the fast-growing energy curing market. We are happy to welcome the knowledgeable and committed Litian team to the IGM family.”

Lili Zhang, CEO of Litian, adds, “Litian and IGM share a strong partnership of over ten years, and the close collaboration to date reflects the common values of both parties: the care for customers, suppliers, employees, and their families, as well as a commitment stretching back over 20 years to supplying UV materials. Both parties continuously improve their respective capabilities of professional manufacturing and service: Litian expands its industry chain continuously and aims to offer customized infeed materials in the future. As both Litian and IGM recognize, this is a sustainable ambition that has led Litian and IGM to reach this ultimate partnership today.”

www.igmresins.com

Feature Video: DeVilbiss TEKNA Gun Flexes on Muscle Car Show

CFCM TeknaGun 400

Carlisle Fluid Technologies’ DeVilbiss TEKNA spray gun was recently featured on an episode of Detroit Muscle on Power Nation TV to bring a 1973 AMC Javelin back to life. Featuring a high finish quality and operator ergonomics, The TEKNA gun’s high transfer efficiency provides materials savings for solvent or waterbase paints.

The spray gun technology, which has been used in automotive refinishing processes for many years, is designed to spray all types of materials and comes with high efficiency or HVLP air caps that produce large spray patterns with even material distribution.

 

Read More

Product News

  • Prev
The ROSS Vertical Blender is designed for reliable and gentle mixing of friable solids, abrasive ...
Paul N. Gardner USA, global distributors, producers, and designers of quality physical and ...
Evonik has launched a new sustainable dispersing additive, TEGO Dispers 658. The latest TEGO ...
The Heubach Group a global provider of comprehensive colour solutions, has expanded its Colanyl 500 ...
Clariant recently launched Dispersogen Flex 100 as its first universal polymeric dispersing agent ...
Carlisle Fluid Technologies’ DeVilbiss TEKNA spray gun was recently featured on an episode of ...
Gerdau Graphene recently announced that it has created a new water-based architectural paint that ...
People in Brazil have a new ally in the fight against an invasive carrier of dengue fever—a ...
Microban International has announced its participation in this year’s Foam Expo North America, ...
Lightweight materials are in high demand from automotive manufacturers to meet increasingly strict ...

New Digital Solution Helps Customers Bring Colours to Life

AkzoNobel 3D colour visualization tool
AkzoNobel Powder Coatings has developed a new web application 3D colour visualization tool within its Interpon webshop to help customers better understand how a powder coating’s colour, texture and finish that look good in theory, will actually appear in reality. 

The tool provides instant access to thousands of colours in the Interpon range. Using a 360-degree dynamic camera and simulated lighting, the customer is given a true-to-life image of how the colour performs to a degree of accuracy and realism not possible before in a virtual environment.  

Rather than the image being ‘flat’, the customer can orientate the ‘virtual’ panel to see how the light reflects and the colour looks from different angles.  
Read More

Wilkinson Media Limited

538 Elizabeth Street, Midland,Ontario, Canada L4R2A3 +1 705 527 7666
©2022 All rights reserved

Use of this Site constitutes acceptance of our Privacy Policy (effective 1.1.2016)
The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of Kerrwil.