Huntsman Reports Q4 Loss Amid Market Challenges, Plans Cost-Cutting Measures
February 19, 2025 – Huntsman Corporation (NYSE: HUN) recently released its fourth-quarter 2024 financial results, reporting revenues of 1.452billion.Unfortunately,thecompanyincurredanetlossof141 million, with an adjusted net loss reaching 43million.However,adjustedEBITDAremainedatalevelof71 million. Following the release of the earnings report, Peter R. Huntsman, Chairman, President, and CEO of Huntsman Corporation, stated that the fourth-quarter performance was generally in line with the company’s…
The Growing Importance of Ethane in the Global Chemical Industry
February 19, 2025 – Ethane Cracking for Ethylene Production: A Growing Trend in the Global Chemical Industry Ethane cracking is increasingly becoming the preferred method for ethylene production worldwide, thanks to its economic advantages that have captured the attention of numerous companies. Recently, Wanhua Chemical announced plans to diversify the raw materials for its existing…
The Rising Popularity of WPC Decking: Advantages and Considerations
February 19, 2025 – Wood-Plastic Composite Decking: A Versatile and Eco-Friendly Building Material with Varying Price Points Wood-plastic composite (WPC) decking has emerged as a prominent building material in today’s market, captivating homeowners and contractors alike. However, its pricing cannot be generalized due to a multitude of influencing factors. Brand reputation, specifications, material composition, and…
PVC Powder Market in Crisis: Profitability Plummets Amid Weak Demand
February 19, 2025 – PVC Powder Market Faces Chilly Winds as Profitability Plummets The PVC powder market has been caught in a cold spell in recent years, with persistent weak demand and a growing glut leading to a relentless slide in prices. This dire situation has severely impacted the profitability of the industry, with most…
The Versatile Furoic Acid: From Food to Pharmaceuticals
February 19, 2025 – Furoic Acid, an organic acid with the chemical formula C6H10O5 and a molecular weight of 162.14, is making waves across multiple industries with its unique properties. Derived from the fermentation and extraction of rice bran or grain residues, furoic acid boasts antioxidant and antibacterial effects, shining brightly in the food, pharmaceutical,…
Final Ruling on Anti-Dumping Duties for Chinese TiO2 in India Announced
February 19, 2025 – India Imposes Anti-Dumping Duties on Titanium Dioxide from China, Levied on a Specific Quantity Basis On February 12, 2025, India announced its final ruling, imposing anti-dumping duties on titanium dioxide (TiO2) originating from China, with the duties calculated based on the margin of injury. The levying of these duties will be…
Noriware’s Biodegradable Films: A Green Solution to the Global Plastic Crisis
February 19, 2025 – Switzerland, the global frontrunner in innovation, has once again demonstrated its remarkable prowess in leading the pack. With 13 consecutive years atop the Global Innovation Index, the nation not only serves as a cradle of world innovation but has also forged the first-ever innovation strategic partnership with China, harboring immense potential…
Shanghai Yada Automobile Establishes Foothold in Europe and North Africa
February 19, 2025 – Lingyun Corporation has recently unveiled plans for its subsidiary, Shanghai Yada Automobile, to take a significant step in its international expansion strategy. The company announced the establishment of a new venture in Morocco, named Morocco Yada Automobile Plastics Co., Ltd. This new entity will serve as a beachhead for Shanghai Yada…
Global Paint Industry Sees Shakeup as JOTUN Climbs Rankings
February 18, 2025 – The competitive landscape of the global paint industry is undergoing subtle shifts. In the recently unveiled “Top 100 Global Paint Companies” list, JOTUN has made a remarkable leap, overtaking MASCO, which previously held a top-ten spot, to secure its position in the prestigious top ten. Meanwhile, HEMPEL, currently ranked 12th, is…
SK Chemicals Pioneers Closed-Loop Plastic Recycling with RIC
February 18, 2025 – SK Chemicals, a global leader in chemical recycling, announced today the official commencement of construction for a comprehensive plastic recycling solution center at its Ulsan plant in South Korea – the Recycle Innovation Center (RIC). This center will integrate the production of recyclable raw materials, pilot research, and material manufacturing, aiming…