HotNews
Diverging PLA Price Trends: Europe vs. US in 2025
February 13, 2025 – PLA Price Trends Diverge in Europe and US Amid Demand Shifts and Logistical Hurdles In the first half of January 2025, the price trends of polylactic acid (PLA), a bioplastic, diverged significantly between the European and US markets. While European prices saw an upward trajectory, the US market remained steady. This…
AkzoNobel Plans India Exit, Triggers High-Stakes Bidding War
February 12, 2025 – AkzoNobel, a multinational coatings giant with a seven-decade-long presence in India, is reportedly planning a complete exit from the Indian market and is looking to divest its Indian subsidiary. The company has recently concluded the bidding process for the sale of its stake in the Indian arm. In a fiercely contested…
Plastic Industry on Edge After Trump’s Tariff and Policy Announcements
February 12, 2025 – The plastic industry is buzzing with anticipation following two recent moves by former U.S. President Trump, which are poised to have far-reaching implications for the sector. In a bold decision, Trump announced the imposition of steep tariffs on all steel and aluminum imports into the United States. This unwavering stance, with…
Tariff Policies Prompt Coca-Cola to Consider Packaging Changes
February 12, 2025 – During an earnings call on February 11th, James Quincey, CEO of The Coca-Cola Company, revealed that the company might adjust its packaging strategy, reducing the use of aluminum cans and shifting towards plastic bottles, if the latest round of tariff policies proposed by U.S. President Donald Trump are implemented. Just a…
Cabot Corporation Sees Growth in Reinforcement Materials, Thanks to Strong Markets
February 11, 2025 – Cabot Corporation’s Reinforcement Materials Division Sees Sales Surge, Driven by Asian and European Markets Cabot Corporation has recently announced impressive sales figures for its Reinforcement Materials division, which specializes in the production of carbon black for rubber reinforcement. The division has witnessed a significant uptick in sales, primarily fueled by robust…
Asia Peixi Raises Nearly 100M Yuan to Expand Metallocene Poly-Alpha-Olefin Production
February 8, 2025 – Asia Peixi Technology (Hangzhou) Secures Nearly 100 Million Yuan in Financing to Boost Production Expansion Asia Peixi Technology (Hangzhou) Co., Ltd. has announced the completion of a nearly 100 million yuan financing round, led by Shengshi Investment with Yiren Capital serving as the exclusive financial advisor. The funds raised will primarily…
From Loss to Profit: Black Cat Corporation’s 2024 Earnings Forecast
January 21, 2025 – Black Cat Corporation Announces Impressive Turnaround in 2024 Earnings Forecast Black Cat Corporation has recently released its earnings forecast for the year 2024, projecting profits to range between 20 million and 30 million yuan. This marks a remarkable turnaround from the previous year’s loss of 242.9428 million yuan. Throughout the past…
Petrochemical Powder: The Unsung Hero Behind Industrial Innovations
January 18, 2025 – Unveiling the Unsung Hero of the Industrial World: The Versatile Role of Petrochemical Powder In the vast landscape of industrial materials, there exists a remarkable substance known as petrochemical powder, which, despite its lack of public fame, plays a pivotal role on the industrial stage. This term, which may sound unfamiliar…
Major Upgrade on the Horizon for Shanghai Petrochemical
January 18, 2025 – Shanghai Petrochemical Announces Ambitious Self-Financed Technological Transformation and Upgrade Plan Shanghai Petrochemical has recently announced its plan to self-finance a project worth approximately RMB 21.307 billion to drive a comprehensive technological transformation and quality upgrade across the company. This initiative aims to achieve a more efficient and environmentally friendly production model…
Mitsui Chemicals Expands Capacity for High-Demand MR™ Eyeglass Lens Material
January 18, 2025 – Mitsui Chemicals Announces Capacity Expansion for MR™ Eyeglass Lens Material Mitsui Chemicals has recently announced a significant capacity expansion for its exclusively developed MR™ eyeglass lens material. This move aims to cater to the escalating global demand for high-refractive-index eyeglass lenses. The polyurethane-based lens material, manufactured using advanced polymerization technology, boasts…