HotNews
SpecReK Initiative: A Breakthrough in High-Quality Plastic Recycling Technology
December 26, 2024 – BASF has teamed up with Endress+Hauser, TechnoCompound, and the Universities of Bayreuth and Jena to launch a groundbreaking research project named SpecReK, aimed at enhancing the efficiency and quality of mechanical plastic recycling. This initiative has received substantial support from the German Federal Ministry of Education and Research (BMBF). The project…
Turkey’s Plastics Industry Shines at Plast Eurasia, Attracting Global Investors
December 25, 2024 – The 33rd edition of Plast Eurasia, Turkey’s premier plastic and rubber exhibition, concluded successfully on December 7th, marking a grand international exchange in the plastics industry. Held at the Tüyap Exhibition and Convention Center in Istanbul, the event was a colossal affair, spanning tens of thousands of square meters and drawing…
PEEK Material Powers Unitree’s B2-W Robotic Dog Innovations
December 25, 2024 – Unitree Robotics has recently released a captivating showcase video, highlighting the exceptional capabilities of its industry-grade robotic dog, the B2-W. As an upgraded version of the B2 model, the B2-W has been in mass production for a year, and its industrial legs have unlocked a multitude of new skills, leaving audiences…
Indonesia Launches Anti-Dumping Probe into Polypropylene Imports
December 24, 2024 – Indonesia’s Anti-Dumping Commission has officially announced the initiation of an anti-dumping investigation into Polypropylene Homopolymer (PP Homopolymer) imported from China, Malaysia, Vietnam, Thailand, Singapore, Saudi Arabia, Philippines, and South Africa. The products under investigation have been identified under the Indonesian tax code 3901.10.40. This measure marks not the first anti-dumping action…
SCG and PetroVietnam Join Forces for $700M LSP Complex Expansion
December 24, 2024 – In a strategic move to bolster production efficiency and cost competitiveness, Siam Cement Group (SCG) of Thailand has announced a collaboration with Vietnam Oil and Gas Group (PetroVietnam) for the expansion of the Long Son Petrochemical (LSP) complex in Ba Ria-Vung Tau province, southern Vietnam. The highlight of this partnership is…
Saudi Arabia Imposes Anti-Dumping Duties on PVC Coated Textiles from China and South Korea
December 24, 2024 – In a recent announcement, the General Authority for Foreign Trade of Saudi Arabia has unveiled its final affirmative decision in Case No. AD-23-2, imposing anti-dumping measures on polyvinyl chloride (PVC) coated textiles or fabrics originating from China and South Korea. The notice outlines the implementation of a five-year anti-dumping duty on…
Major Milestone: XRG’s Acquisition of Covestro Nears Completion
December 23, 2024 – ADNOC International Germany Holding AG announced on December 19 that it has successfully completed a voluntary public tender offer for Covestro AG. Together with previously acquired shares, the company now holds a total of 172,591,806 shares in Covestro, representing 91.3% of all outstanding shares. Notably, ADNOC International Germany Holding AG is…
New Study Highlights Severe Plastic Waste Problem in Apparel Production
December 23, 2024 – The global apparel industry is confronting a severe environmental challenge, as new research reveals that millions of tons of plastic waste are being discharged into the environment annually due to clothing consumption, with this figure projected to climb over time. A study conducted by North Carolina State University (NCSU) has shed…
Global POM Production Gets a Boost with the Launch of Da Baoli’s Nantong Facility
December 23, 2024 – A grand opening ceremony was held in the Nantong Development Zone on the morning of December 16th, marking the official launch of Da Baoli Engineering Plastics (Nantong) Co., Ltd. This enterprise, with a total investment of $560 million, is poised to become a rising star in the industry. Earlier, on November…
MAIRE Group and Röhm Partner for Sustainable PMMA Recycling Solution
December 21, 2024 – MAIRE Group’s NEXTCHEM Inks Innovative Recycling Agreement with Röhm MAIRE Group has announced that its sustainable technology solutions division, NEXTCHEM, has reached a groundbreaking tolling agreement with renowned company Röhm through its subsidiary MyRechemical. Under the terms of the agreement, Röhm will supply PMMA waste as raw material, while MyRemono will…