Global Chemical Recycling Standardization: A Pioneering Collaboration
November 07, 2024 – A groundbreaking collaboration has been inked by Neste, Alterra, and Technip Energies, aiming to standardize global chemical recycling technologies and bolster plastic circularity efforts. This partnership leverages Alterra’s exclusive liquefaction technology to provide a standardized and modular liquefaction plant solution for companies worldwide interested in venturing into chemical recycling. The modular…
Overcoming PLA’s Limitations: The Rise of PLA/PGA/(PBAT/ADR) Alloy
November 07, 2024 – In recent years, the heightened awareness towards environmental protection has brought biodegradable plastics like PLA into the spotlight. However, PLA’s brittleness, poor moisture barrier properties, and lack of heat resistance have limited its application scope. To tackle these challenges, Hainan University and Hainan Sino Biodegradable Materials Co., Ltd. have jointly applied…
Suntory Partners with Seven Companies to Create Sustainable Bio-Paraxylene PET Bottles
November 07, 2024 – Global Beverage Giant Suntory Unveils World’s First Commercial Bio-Paraxylene PET Bottles from Waste Cooking Oil In a groundbreaking move, Japanese beverage conglomerate Suntory has announced the launch of PET bottles produced using bio-paraxylene derived from waste cooking oil, effective November 2024. This innovative initiative marks the debut of the world’s first…
Revolutionizing Packaging: The Rise of PHA Laminated Paper Products
November 07, 2024 – The Global Rise of Laminated Paper Products and the Emergence of PHA Technology Laminated paper products have increasingly gained prominence in the global market, with their market size continuously expanding and widespread applications in paper cups, food packaging, and numerous other sectors. Recent survey data reveals that the global market for…
Chemical Industry Faces Tough Choices Amid Market Turmoil
November 07, 2024 – The chemical industry is currently grappling with severe challenges posed by a multitude of macroeconomic factors, including overcapacity and sluggish demand. In response to these market difficulties, numerous chemical companies have been forced to make difficult decisions, such as permanently closing factories, delaying or canceling projects, shutting down plants, and abandoning…
Amcor’s 2024 Sustainability Report Highlights Recycling and PCR Material Use
November 04, 2024 – Global packaging giant Amcor has recently released its fiscal year 2024 sustainability report, showcasing the company’s latest achievements and unwavering commitment to driving the green transformation of the packaging industry. Dedicated to designing more environmentally friendly packaging solutions, Amcor aims to meet the high standards of its customers while minimizing its…
Diverging Fortunes: The Titanium Dioxide Industry in 2024
November 04, 2024 – The titanium dioxide (TiO2) industry in 2024 has witnessed a stark divergence in fortunes among its players. Amidst the dual pressures of a slowing macroeconomic growth and a persistent downturn in the real estate sector, the domestic TiO2 market has faced increasingly prominent supply-demand imbalances. Furthermore, anti-dumping measures imposed by the…
he Rise of China’s Ethylene Industry: Shaping the Future of Global Petrochemicals
November 04, 2024 – China’s ethylene industry has emerged as a global leader, with its capacity accounting for half of Asia’s total and surpassing the United States to rank first worldwide in 2022. Looking ahead, the country’s ethylene capacity is projected to surge by 80% to reach 83.87 million tons per annum by 2030, accounting…
Asia’s Rise in the Global Bottle-Grade PET Industry
November 04, 2024 – The global bottle-grade PET industry is undergoing a significant transformation, with its focal point gradually shifting from Europe and the United States to Asia. As the industrial restructuring deepens, Asia has emerged as a hub for new and expanded bottle-grade PET projects. Despite limited growth in global polyester bottle chip capacity…
Asia’s Automotive Industry Embraces Avient’s PCR-Based TPE Innovation
November 04, 2024 – Avient, a leading global supplier of specialized engineering materials, has recently announced the official launch of its reSound™ REC recycled thermoplastic elastomer (TPE) AF 7210 grade in the Asian market. This innovative product, which has already been successfully introduced in Europe, brings a new eco-friendly solution to automotive interior applications with…