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…

Read More

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…

Read More

BASF Launches Major Lawsuit Over Ethylene Price Manipulation

January 18, 2025 – BASF Launches Billion-Euro Lawsuit Against Four Firms for Alleged Ethylene Price Manipulation German chemical giant BASF has recently initiated a lawsuit seeking billions in damages against four companies accused of manipulating ethylene procurement prices. Confirming the move, BASF officially filed the suit on January 16 against the firms implicated in the…

Read More

Yizheng Chemical Fiber Leads the Way in Functional Polyester Materials

January 18, 2025 – Sinopec Yizheng Chemical Fiber Company has announced exciting news with the successful commissioning of China’s first 500,000-ton/year bottle-grade chip plant utilizing polyester medium-viscosity process technology. This project adopts a domestically leading short-process production technology independently developed by Sinopec, highlighting China’s new achievements in technology and equipment in the non-fiber polyester field…

Read More