HotNews
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…
Brewing Trouble: Study Warns of Microplastic Contamination in Popular Tea Bags
December 21, 2024 – Study Unveils Hidden Health Risks of Popular Tea Bags A recent study conducted by researchers at the University of Alabama at Birmingham has shed light on the concealed dangers lurking in the seemingly innocuous tea bags found on store shelves. The research, published in the latest edition of Environmental Chemistry, reveals…
New Growth in China’s New Materials Industry: Xianhe Aimide’s Meta-Aramid Project
December 21, 2024 – Zhejiang Xianhe Aimide New Material Co., Ltd. has reached a significant milestone with the commencement of trial production for its 6,000-ton annual meta-aramid material project. This marks a new growth point for the development of new materials in the region. The project, with a total investment of approximately RMB 1.1351 billion,…
Innovation in Polypropylene: ADEKA’s TRANSPAREX Boosts Transparency
December 21, 2024 – ADEKA Corporation has unveiled its latest innovation, a groundbreaking transparent agent branded “TRANSPAREX” (product line: ADEKA TRANSPAREX CA), set to hit the markets of the USA and Asia in November 2024. The company harbors ambitious plans, aiming for its comprehensive sales of transparent agents, including TRANSPAREX, to surpass the 30 billion…