Paintmakers report poor Chinese demand, slow start to US coatings season
Published: Wednesday, 01 May 2019
TiO2 buyers report a slower than expected ramp-up in seasonal demand increase for pigment, while paint demand in China is ‘hanging in there.’
US paintmaker Sherwin-Williams reported increased sales in
the first quarter of 2019, although the pace of the increase
was slowed by a disappointing start to the painting season.
Rival paintmaker AkzoNobel reported falling volumes, meanwhile,
particularly for sales of decorating paint in China.
Chinese coatings demand is a major driver...