IndustryNews
BASF’s Coatings Division Teams Up with NIO for Sustainable Coating Solutions
March 11, 2025 – Global chemical giant BASF’s Coatings division and NIO, a pioneer in the smart electric vehicle (EV) sector, officially announced the signing of a Letter of Intent (LoI) on March 10, marking a deep strategic collaboration in the automotive coatings field. This significant move signals that BASF and NIO will join forces…
A New Chapter: Tongcheng New Materials Ventures into Thai Market with Rubber Additives
March 11, 2025 – Tongcheng New Materials (603650) announced on March 7 that its wholly-owned subsidiary, Hong Kong Tongcheng, will join hands with its related party, Gold Dynasty Limited, to establish a controlled subsidiary in Thailand. The joint venture aims to build a production base with an annual output of 30,000 tons of rubber additives….
New Covestro Production Line in Thailand Boosts Global Specialty Films Output
March 6, 2025 – Covestro Boosts Global Polycarbonate Specialty Films Capacity with New Thailand Line Covestro has recently announced the mechanical completion of its new production line at the Map Ta Phut Industrial Estate in Thailand, marking a significant enhancement of its global polycarbonate (PC) specialty films capacity. This multi-million-euro investment project, initiated in 2023,…
Nigeria’s INTERPLAST 2025: A Showcase of Industry Innovation
March 6, 2025 – INTERPLAST 2025: Nigeria’s Premier Plastic, Rubber, and Packaging Exhibition Set to Dazzle in Lagos The highly anticipated Nigeria International Plastic, Rubber, and Packaging Exhibition, INTERPLAST 2025, is gearing up to open its doors on November 19-20 in Lagos. Organized by World Exhibition Hongling, the event coincides with African governments’ heightened focus…
Innovative Depolymerization Technique Boosts Nylon 66 Recycling at Toray
March 6, 2025 – Toray Industries of Japan has made significant strides in the recycling of nylon 66. The company has recently unveiled an innovative depolymerization technology that utilizes subcritical water to efficiently and uniformly break down nylon 66 resin into its monomer components within just a few minutes, enabling its reuse as raw materials….
Honeywell Eyes Sustainable Aviation Fuel Breakthroughs Amid China’s Green Transition
March 5, 2025 – Honeywell China President Unveils Strategic Focus on Aviation, Energy Transition, and Automation In a recent interview with multiple media outlets, including The Paper, Yu Feng, President of Honeywell China, outlined the company’s strategic focus for the year ahead. Honeywell will concentrate on three key areas: future aviation, energy transition, and automation,…
A New Era in Automotive Parts: Baolong and BASF Join Forces for Innovation
March 5, 2025 – Shanghai Baolong Automotive Technology Co., Ltd. and BASF (China) Co., Ltd. Forge Strategic Partnership in Shanghai In a landmark move, Shanghai Baolong Automotive Technology Co., Ltd. and BASF (China) Co., Ltd. have officially signed a strategic cooperation agreement in Shanghai, marking the beginning of a deep collaboration in the field of…
SHEIN’s Green Revolution: Transforming Fashion Retail with Sustainable Practices
March 28, 2025 – SHEIN Revolutionizes Sustainability in Fashion Retail with Bold Packaging Innovations and Green Supply Chain Strategies In a move that underscores its commitment to environmental stewardship, global fashion and lifestyle online retailer SHEIN is pushing the boundaries of sustainability with unprecedented initiatives to reduce packaging and plastic use. The company is not…
Landmark Merger: ADNOC, OMV Join Forces Under Borouge Group International
March 28, 2025 – Global Petrochemical Industry Witnesses Major Merger as ADNOC and OMV Join Forces to Create New Giant In a landmark deal for the global petrochemical industry, Abu Dhabi National Oil Company (ADNOC) of the United Arab Emirates and Austria’s OMV Group have officially announced the merger of their respective polyolefin businesses under…
Ensuring Feedstock Security: ONGC Plans Large-Scale Ethane Imports for OPaL
March 28, 2025 – ONGC’s Bold Move: Ensuring Feedstock Security for OPaL Cracker with Ethane Imports In a significant decision, Oil and Natural Gas Corporation (ONGC) of India has unveiled plans to secure a stable supply of feedstock for its dual-feed cracker, OPaL, located in Dahej, western Gujarat, through large-scale imports of ethane. This initiative…