Kerry Pianoforte04.03.07
Over the last several years resins suppliers to the paint and coatings market have had to operate under some very challenging market conditions. While environmental regulations drive the resins market to develop new "greener" technologies, rising raw material and energy prices threaten to block progress.
"The biggest challenge is balancing the different forces of the resin market," said Scott Ravech, business director Radcure-Americas, Cytec. "On the one hand, you have the demand for new technologies, technical support, cost economies and when applicable, a true global presence. On the other hand, you have the challenges of feedstock, raw material and energy costs."
"Continued volatility in energy and transportation costs and key raw materials, such as ethyleneamines with TETA remaining one of the tightest cuts," said Michael Hoppe, NAFTA market manager-coatings, construction and packaging, Cognis. "This situation combined with a continued trend towards globalization remains the biggest challenge we are facing today."
According to Hoppe, the globalization trend should be considered from two aspects. "Existing customers from the industrial
"The biggest challenge is balancing the different forces of the resin market," said Scott Ravech, business director Radcure-Americas, Cytec. "On the one hand, you have the demand for new technologies, technical support, cost economies and when applicable, a true global presence. On the other hand, you have the challenges of feedstock, raw material and energy costs."
"Continued volatility in energy and transportation costs and key raw materials, such as ethyleneamines with TETA remaining one of the tightest cuts," said Michael Hoppe, NAFTA market manager-coatings, construction and packaging, Cognis. "This situation combined with a continued trend towards globalization remains the biggest challenge we are facing today."
According to Hoppe, the globalization trend should be considered from two aspects. "Existing customers from the industrial
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