- In February 2025, Westlake Corporation announced that Westlake Epoxy will introduce EpoVIVE, a sustainable epoxy product portfolio, at JEC World 2025 in Paris. The EpoVIVE line includes epoxy phenolic resins and curing agents designed to support sustainability goals across various applications. Developed with a focus on environmental responsibility, the portfolio reflects Westlake’s dedication to sustainable innovation and collaborative value-chain advancement
- In March 2024, Grasim Industries Limited, the flagship company of the Aditya Birla Group, officially launched its expansion project at Vilayat, Gujarat, in the Chemical business. This project aims to increase the epoxy resins and formulation capacity by 123,000 tonnes, doubling the overall capacity of Advanced Materials to 246,000 tonnes per annum. This expansion signifies a pivotal moment for the Advanced Material business, positioning it as a key player in the global epoxy materials market, supported by ambitious growth plans
- In February 2024, the Board of Directors at DCM Shriram Ltd granted in-principle approval for the Chemicals business to expand into the domain of "Advanced Materials" through strategic investments in epoxy and value-added products. This proactive step involves a significant investment of Rs. 1000 crores over the next few years to establish a state-of-the-art greenfield epoxy manufacturing plant
- In July 2022, DIC Corporation acquired Guangdong TOD New Materials Co., Ltd., a China-based manufacturer of coating resins, as part of its strategy to expand coating resin production capacity across Asia, particularly in China. This acquisition aligns with DIC’s medium- to long-term plan to solidify its leadership in the Asian coatings resin market by offering environmentally friendly and functional resin products. The company also plans to leverage expanded production capabilities at Ideal Chemi Plast in India to support this regional growth
- In November 2021, Solvay launched Reactsurf 0092, a reactive waterborne emulsifier designed for solid epoxy resins used in industrial coatings and paints. The innovation supports the company’s commitment to sustainable development by addressing regulatory and environmental demands for cleaner, safer coating solutions
