IndustryNews
Dow Reports Decline in Q4 Sales, Outlines $1B Cost-Saving Plan
February 9, 2025 – Dow Inc. Reports Q4 2024 Financial Results, Outlines Cost-Saving Measures Dow Inc. recently released its fourth-quarter 2024 financial report, revealing net sales of $10.4 billion, marking a 2% decline compared to the same period last year. This decrease was primarily attributed to the underperformance of the Packaging & Specialty Plastics segment….
Strong Performance: Lily Color’s 2024 Earnings Forecast Shines
February 9, 2025 – Lily Color Recently Announces Impressive 2024 Earnings Forecast Lily Color, a leading player in the domestic organic pigment and intermediate market, has recently released its 2024 annual earnings forecast, projecting a net profit attributable to parent company shareholders to range between RMB 172 million and RMB 178 million, marking an increase…
Non-Phosgene MDI Tech Marks Breakthrough in Green Chemical Production
February 9, 2025 – A groundbreaking green production technology for diphenylmethane diisocyanate (MDI), developed jointly by the Institute of Process Engineering of the Chinese Academy of Sciences, Shaanxi Coal Technology Development Center, and Shaanxi Coal and Chemical Industry Technology Research Institute, has recently completed the full-scale calibration of its industrial pilot plant. During the trial…
Tianchen and Pupuk Kaltim Ink Landmark Soda Ash Deal
February 8, 2025 – China’s Tianchen Company and Indonesia’s Pupuk Kaltim Ink Landmark Soda Ash Project Contract In a significant move that marks a new chapter in Sino-Indonesian chemical cooperation, China National Chemical Engineering’s Tianchen Company and Indonesia’s Pupuk Kaltim have successfully signed a turnkey contract for a soda ash project. The signing ceremony witnessed…
Enespa and PlastEco Team Up for Innovative Plastic Waste Management
February 8, 2025 – Enespa and PlastEco Forge New Path in Sustainable Plastic Waste Management In a recent development, Enespa, a leading player in the field of chemical recycling based in Switzerland, has announced the acquisition of a 40% stake in the Finnish startup PlastEco. This strategic move aims to deepen collaboration between the two…
Global Spotlight on England’s Plastic Recycling Innovation: Hydro-PRT Technology
February 8, 2025 – Revolutionary Plastic Recycling Plant Opens in Northeast England, Capturing Global Attention A groundbreaking factory in northeast England, launched in February 2025, has instantly drawn widespread attention from the global environmental sector. Established by London-based startup Mura Technology, this plant marks the world’s first commercial-scale application of supercritical water technology for plastic…
Global Industry Players Converge at Moscow’s Expocentre for Plastic, Rubber, and Packaging Exhibition
February 8, 2025 – Moscow’s Expocentre Hosts Spectacular Four-Day Exhibition, Bringing Together Plastic, Rubber, Packaging, and Recycling Industries Moscow’s Expocentre recently played host to a grand four-day exhibition, bringing together the Russian plastic and rubber exhibition RUPLASTICA, the packaging and printing exhibition UPAKEXPO, the waste recycling and processing exhibition RECYCLING SOLUTIONS, and a 3D printing…
Landmark Achievements at Dusseldorf China’s 2024 Exhibitions, Paving the Way for International Growth
February 8, 2025 – Dusseldorf China’s 2024 Exhibitions Achieve Unprecedented Success, Boosting International Market Expansion for Businesses In 2024, Dusseldorf China’s 11 major exhibitions shone brightly, attracting a total of 9,800 domestic and international exhibitors and half a million professional visitors across a massive 710,000 square meters of exhibition space. The exhibitions, spanning various sectors…
Saigon Hosts Plastech Vietnam 2025: A Plastics Industry Extravaganza
February 8, 2025 – Plastech Vietnam 2025: Global Plastics Industry Converges in Saigon The 6th International Plastics Industry Exhibition, Plastech Vietnam 2025, is set to take center stage at the Saigon Exhibition and Convention Center in Ho Chi Minh City, Vietnam, from June 25 to 27, 2025. As a prominent event in Vietnam’s plastics industry,…
Successful Trial Production for ExxonMobil’s LLDPE Unit in Huizhou
February 8, 2025 – ExxonMobil’s Huizhou Ethylene Phase I project has announced exciting news, with Line 1 of its Linear Low Density Polyethylene (LLDPE) unit successfully completing trial production and producing standard-compliant pellet products. This landmark progress signals that other production units within the project will soon follow suit, gradually entering the trial production phase,…