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alpha-Pinene, 95%

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Europe TiO2 prices could stabilise in Q2 on ample supply, seasonal demand pick-up
LONDON (ICIS)--A largely well covered market and seasonal demand expectations could stabilise Europe...an titanium dioxide (TiO2) second-quarter contract prices. The stability would come following recent quarterly prices drops, although pulls in either direction are also being mooted. Discussions are yet to start in earnest, although they are expected to get underway shortly on the sidelines of the main European coatings industry event in Nuremberg, Germany, next week. Demand is expected to pick up seasonally in the second quarter which, together with waning import competition from China amid a firmer price initiative there, could help stabilise European prices. Chemours’ so-called Value Stabilisation Contract strategy could also support a stable price sentiment in the second quarter, although there has been some recent buyer resistance to this in Europe, based on starting point and recent market related reasons. European TiO2 contract prices in Europe fell sharply over three consecutive quarters to the first quarter of 2019, driven by muted activity and lengthy supply. While the market is sufficiently covered in most cases, supply is less plentiful when compared to late 2018 or early 2019. There has been talk over the past few weeks of lower supply flexibility for chloride-based TiO2 from certain suppliers and for certain grades due to demand or agreement type differences, among other factors. As a result, double digit to low triple digit rises are being mooted in certain cases for spot and for the second quarter, although not officially confirmed. However, taking into account talk of producers’ disciplined output rates over recent months and if demand picks up seasonally and the economy is supportive of this, then a stable, if not firmer, tendency is likely to gain momentum during the coming months. Demand into the main downstream paints and coatings sector is relatively solid for the time being, with the seasonal pick-up expected to get underway from March and through the second quarter, weather and economy permitting. Activity from the downstream plastics packaging sector is also faring relatively well, while the paper laminate sector is depressed year on year, possibly amid economic and political uncertainties. By contrast, there may be some instances where slight reductions may be possible in the second quarter due to residual effects of lower-than-expected demand in the first quarter of 2019 and some recent inventory builds. European TiO2 Q1 contract prices were assessed at €2.55-2.80/kg, down by 0.10-0.14/KG from the previous quarter.
Chinese TiO2 manufacturers expecting firmer prices in the anticipation of economic stimulus measures, VAT reduction and stronger Yuan!
(ICIS)--Chinese titanium dioxide sellers hiked offers on the export front this week, with sentiment ...boosted by the announcement of fresh economic stimulus measures. Market players say major producer Lomon Billions announced yet another round of price hikes in the week. Offers for Chinese TiO2 exports were at $2,450-2,500/tonne FOB (free on board) in the week, though market players concede that deals concluded at the higher end of the range were rare. Sellers were confident that the Chinese government’s recent economic stimulus measures could boost economic activity in the coming months. Buying sentiment is anticipated to improve by the expected cut in China’s value added tax (VAT) for the manufacturing sector from the current 16% to 13%. A stronger Chinese yuan (CNY) against the US dollar further fueled suppliers’ desires to hike export prices in order to maintain margins.
CLARIANT COLORWORKS® CO-SPONSORING COLOR CREATIVITY EXHIBIT DURING MILAN DESIGN WEEK
Muttenz, March 7, 2019 – Clariant, a focused and innovative specialty chemical company, through it...s ColorWorks design & technology centers, is joining three Italian companies during Milan Design Week 2019 to help introduce designers and brand owners to the exciting world of color. Every year, Milan Design Week attracts almost half a million visitors to the city to share ideas and explore the new frontiers of design in all markets. This year’s event takes place 9 – 14 April. Materioteca, Milan, Italy, a non-profit organization created to promote, disseminate and develop knowledge of the performance, capabilities and application methods of man-made materials, is the creator of an exhibit in the Zona Tortona, the most dynamic design district in the city. The other partners are: Radicifil, a Synthetic Fibers Company, member of Radici Group, Casnigo, Italy, a global leader in production of synthetic carpet yarns, and Brado, Treviso, Italy, a developer and manufacturer of unique, colorful seating designs, widely exported, many of which are made mostly or entirely of plastics. In the exhibit, the 8th edition of Fuori di Design, visitors will be invited to an immersive visual experience built around the five colors of ‘care-LESS,’ one of the trend themes from ColorForward 2020, the 14th edition of Clariant’s annual color forecasting guide for plastics. Diana Castiglione, one of the founders of Materioteca, commented that “Milan Design Week is something extraordinary. It allows us to have a fruitful exchange with some of the thousands of creative people attending the fair, inspiring and encouraging them to interpret ColorForward’s trend into plastic products and prototypes.” Enrico Biasibetti, Digital Manager for Brado, agrees that Milan Design Week is ...(STORY CONTINUES ON LINK BELOW)
DIY Fades as Paintmakers Cater to a New Favorite: Do-It-For-Me
North American homeowners are abandoning do-it-yourself projects in record numbers to go with the pr...os, making “do-it-for-me” the largest and fastest growing sector of the market, according to Sherwin-Williams Co. The trend is a boon for contractor-focused paint shops owned by Sherwin, PPG Industries Inc. and Benjamin Moore, a unit of Berkshire Hathaway Inc. “Residential repaint activity, which is the largest segment in the pro market, has been very strong,” Bob Wells, a Sherwin senior vice president said on a Jan. 31 conference call. “DIY on the other hand has been lagging.” Buying Time Similar trends are emerging throughout the economy. Valvoline Inc. says Americans are increasingly abandoning DIY motor-oil changes for lube shops. The rise of grocery deliveries and meal kits means many consumers spend less time in supermarkets. Paying others to perform tasks you’d rather not do is like buying time, said Elizabeth Dunn, a psychology professor at the University of British Columbia in Vancouver and co-author of a book on how time, money and technology shape happiness. She has found that such bought time tends to make people happier than acquiring more material things. “It’s good news that these trends are emerging,” Dunn said. “People don’t always spontaneously consider how they could improve their lives by not torturing themselves with miserable tasks that they hate doing.” Generation X couples, many working two jobs while raising children, are “time starved” and particularly likely to hire pros, said Jennifer Albert, a PPG senior marketing manager. Baby Boomers who did their own painting when they were younger now have the financial resources to pay others to do home improvements. Millennials are becoming homeowners, often buying older houses that need updating. Professionals Rule Homeowners are doing more remodeling as they stay in their houses longer -- on average more than eight years. A healthy economy and low unemployment means more people can afford to hire professional painters, Albert said. Contractors accounted for 62 percent of North American home repaint jobs in 2017, with the remainder DIY, according to Sherwin-Williams. That’s a big reversal from 1980, when DIY dominated with 59 percent of the market. While the 2009 recession gave a brief boost to DIY, contractors have gained each year since. Paintmakers are hurrying to adapt to the change in their customers’ habits, in part by opening more branded stores that cater to contractors. Sherwin Williams, the world’s largest paintmaker, operates 4,696 such stores in the Americas, up 40 percent in a decade. PPG, the No. 2 coatings maker, ...5STORY CONTINUES ON YAHOO, click on link below)
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