Shell Revises Chemical Recycling Goals Amid Sustainability Challenges
July 31 news, Shell, the oil giant, has recently announced a significant strategic shift in response to the sustainable development challenges faced by the plastics and packaging industry as it approaches its 2025 sustainability goals. The company has officially abandoned its original target of converting 1 million tons of plastic waste into pyrolysis oil annually…
Titanium Dioxide Market Shows Steady Trend with Slight Adjustments
July 31 news, The titanium dioxide market has been showing a steady yet slightly adjusted trend recently, with minimal fluctuations in market prices. As July comes to a close, certain brands of titanium dioxide have experienced a slight price increase due to tight supply caused by maintenance works and inventory adjustments at some enterprises. It’s…
Advancements in Color Masterbatch Technology Revolutionize Chemical Industry
July 31st news, Color masterbatch, a pivotal application in the chemical industry, has undergone remarkable progress in recent years. This technology involves the precise formulation of colorants, carrier resins, dispersants, and various additives to produce colored granules with specific concentrations. By incorporating appropriate amounts of these color masterbatches during the product forming process, manufacturers can…
Exploring the Multifaceted Nature of [Topic]: Insights and Perspectives
July 31st News — In a recent announcement, Global New Material International revealed a significant agreement with the German Merck Group, entailing the acquisition of Merck’s global surface solutions business for approximately 5.187 billion yuan (665 million euros) in cash. This transaction, expected to be completed by 2025, marks a milestone not only for Global…
Wuzhou Jianhui Paper’s Forest-Pulp-Paper Project Boosts Local Industrial Development
Since the beginning of 2024, Wuzhou City has vigorously promoted the “three hundred billion” major project engineering plan, with all levels and departments actively taking on responsibilities, collaborating, and jointly providing solid element guarantees for the projects. Through multiple concurrent measures, the progress of project construction has been rapidly advanced, and significant progress has been…
Uncovering the Diverse Industrial Applications of Heavy Calcium Carbonate
Heavy calcium carbonate, a powder material processed from natural minerals such as calcite and marble, plays a significant role in multiple industrial sectors. A comprehensive understanding of its application areas and requirements is crucial for corporate product planning and technological development. In the paper industry, heavy calcium carbonate serves as an important filler and coating…
A large barite deposit has been discovered in Duyun, Guizhou, with reserves reaching 23 million tons
Recently, the reserves evaluation agency in Guizhou Province conducted a review of a significant geological exploration project and it passed successfully. This project was undertaken by the Sichuan No.3 Geological Brigade Jinzuan Mineral Exploration Engineering Co., Ltd., with the exploration site located in Duyun, Guizhou. The exploration achieved remarkable results, successfully identifying a barite deposit…
Giant Companies Release Second-Quarter Financial Reports, with Outstanding Performance in the Chinese Market
【Color Masterbatch Industry Network】July 30 news — Recently, BASF released its financial report for the second quarter of 2024. The report indicated that after deducting one-time expenses, the company’s Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) grew to 1.96 billion euros, showing a slight year-on-year increase of 0.6%. However, sales in the second quarter…
International Plastics and Rubber Exhibition Returns to the Greater Bay Area with Ample Business Opportunities: 10 Reasons Why This Annual Event is a Must-Attend
The “CHINAPLAS 2024 International Plastics and Rubber Exhibition,” which concluded successfully in Shanghai in April, wrote a brilliant chapter with its boundless innovative magic. Like a giant ship full of business opportunities, the exhibition is set to brave the waves and once again sail towards the vibrant Guangdong-Hong Kong-Macao Greater Bay Area. The “CHINAPLAS 2025…
Major Milestone Achieved in Panjin Petrochemical Project with Installation of Key Equipment
The Huajin Aramco Fine Chemical and Raw Material Engineering Project in Panjin, Liaoning Province, has recently made significant progress. Between July 19th and 21st, the project successfully completed the delivery and installation of the first batch of large equipment for the air separation unit, marking the official entrance into the critical phase of equipment installation…