HotNews
SABIC’s Strategic Move: $220M ULTEM™ Resin Plant Opens in Singapore
November 12, 2024 – SABIC Marks a Milestone with the Inauguration of Its ULTEM™ Resin Manufacturing Plant in Singapore SABIC has announced the official opening of its ULTEM™ resin manufacturing plant in Singapore, a $170 million (SGD 220 million) investment. This factory, SABIC’s first specialty chemical production base for high-performance thermoplastic ULTEM™ resin in the…
Sustainable Milestone: BASF’s Shanghai Plant Achieves ISCC+ for PA6
November 11, 2024 – BASF’s Shanghai PA6 Plant Achieves ISCC+ Certification for Sustainable Production BASF’s Monomers division has announced that its polyamide 6 (PA6, also known as Nylon 6) production facility in Shanghai has successfully obtained the International Sustainability and Carbon Certification (ISCC+), marking a significant milestone. The certification enables the plant to produce and…
PLA Spoon Recall Highlights Safety, Transportation Challenges
November 11, 2024 – PLA Tableware from China Recalled in Denmark Due to Safety Concerns A recent incident has seen a batch of polylactic acid (PLA) tableware exported from China to Denmark being recalled. The spoons, made from PLA material, were found to degrade rapidly, leading to the formation of small parts that pose a…
Nissan Unveils Bold Plan to Turnaround Financial Fortunes
November 11, 2024 – Nissan Motors Unveils Major Restructuring Plan Amidst Financial Struggles Nissan Motors announced a significant restructuring plan on Thursday, aiming to navigate through a period of declining sales by cutting 9,000 jobs globally and reducing its production capacity by 20%. This move comes after the company reported a stark turn from profit…
From Gloss to Matte: How Additives Transform Plastic Surfaces
November 08, 2024 – Mastering the Matte: An Insight into Additives for Dull-Finish Plastics In the plastics industry, achieving a matte finish has always been a pivotal aspect of product design. This effect, characterized by a non-glossy, soft visual appeal, hinges on the strategic use of various additives during the manufacturing process. Today, we delve…
Yuanhui Eco-Fiber Leads the Way in Recycled Polyester Staple Fiber Production
November 08, 2024 – Guangdong Yuanhui Eco-Fiber Transforms Waste Plastic Bottles into Valuable Polyester Staple Fibers In Puning City, Guangdong Province, a remarkable transformation is taking place at Guangdong Yuanhui Eco-Fiber Co., Ltd. (Yuanhui Eco-Fiber). Within the company’s production facilities, discarded plastic bottles undergo a meticulous process of sorting, high-temperature flotation, shredding, drying, extrusion melting,…
Tianfulong Group Revives IPO Bid with New Accounting Firm and Financial Update
November 08, 2024 – Yangzhou Tianfulong Group Resumes IPO Journey with New Accounting Firm and Updated Financials Yangzhou Tianfulong Group Co., Ltd. (hereinafter referred to as “Tianfulong”), a leading high-tech enterprise specializing in the research, development, and sales of differentiated polyester staple fibers, has recently made progress in its Main Board IPO application after a…
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…
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…
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…