The present invention relates to an oxidatively curable coating formulation comprising an oxidatively curable alkyd-based resin and a bis-triazacyclononane-based chelant, which chelant may optionally be complexed with a suitable transition metal ion, particularly manganese. The formulations may be paints or other oxidatively curable coating compositions. The invention also provides methods for making such formulations and compositions resultant from the curing of such formulations.