IndustryNews
Strategic Merger: Shitian Expands Portfolio with Sumitomo Chemical’s Assets
December 21, 2024 – In a groundbreaking move, Shitian Technology announced on December 12, 2024, the successful completion of its comprehensive acquisition of Sumitomo Chemical Co., Ltd.’s (Sumitomo Chemical) polypropylene (PP) composites and thermoplastic elastomers (TPE) business in the Chinese market. With this strategic takeover, Shitian has also smoothly assumed control of production bases located…
Bottle-to-Bottle PET Recycling in Turkey: Doğa’s Innovative Approach
December 18, 2024 – Turkey’s PET Bottle Recycling Industry Soars with Doğa’s Innovative Bottle-to-Bottle Recycling As global environmental awareness continues to rise, the PET bottle recycling industry is embracing new opportunities for growth, particularly in Turkey, where the trend of bottle-to-bottle PET recycling is becoming increasingly prominent. Among the pioneers in this green sector is…
Advanced Polycarbonate Resin from SABIC Offers Unparalleled Chemical Resistance
December 18, 2024 – SABIC Unveils LNP™ ELCRES™ CXL Polycarbonate Copolymer Resin for Enhanced Chemical Resistance SABIC has recently announced the successful launch of its LNP™ ELCRES™ CXL polycarbonate (PC) copolymer resin, a cutting-edge material that offers novel solutions for customers across the automotive, electronics, industrial, and infrastructure sectors. In the face of escalating challenges…
Game-Changing PLA Plant: Emirates Biotech Partners with Sulzer
December 17, 2024 – Emirates Biotech Partners with Sulzer for Groundbreaking PLA Production Facility in UAE In a significant move towards sustainable plastics production, Emirates Biotech has announced the selection of Swiss company Sulzer as its technology partner for an upcoming polylactic acid (PLA) manufacturing plant in the United Arab Emirates. With a total investment…
Leading the Way: Lianke Technology’s Success in the Carbon Black Industry
December 17, 2024 – Lianke Technology, a leading player in the carbon black and silica products industry, has been making significant strides in product development, production, and sales, demonstrating robust market competitiveness and innovative capabilities. With a design capacity of 200,000 tons/year for silica and 225,000 tons/year for carbon black, the company’s products have gained…
LG Chem and Reifenhäuser Group Pioneer Recyclable MDO-PE Films
December 16, 2024 – LG Chem has made a groundbreaking achievement in the field of polyethylene film materials with the successful development of MDO-PE (Machine Direction Oriented Polyethylene) and BOPE (Biaxially Oriented Polyethylene) films. These innovations enable packaging materials to be converted into recyclable PE materials after use, contributing significantly to environmental conservation efforts. Recently,…
Strategic Shifts at Wansheng: Production Line Updates and Project Terminations Announced
December 16, 2024 – Wansheng Corporation (603010.SH) has recently announced updates and adjustments to its fund-raising projects. The company reveals that the construction of production lines for various projects, including “10,000 tonnes of Triethyl Phosphate,” “25,000 tonnes of Tris(2-chloropropyl) Phosphate,” “10,000 tonnes of Tris(1,3-dichloro-2-propyl) Phosphate,” “70,000 tonnes of Phosphorus Oxychloride,” “2,930 tonnes of High-end Epoxy…
Revalyu Resources: Pioneering Chemical PET Recycling for a Greener Future
December 16, 2024 – Revalyu Resources, a pioneering force in the global recycling sector, is rapidly advancing its expansion plans with the recent commencement of construction on its inaugural overseas facility in Statesboro, Georgia, USA. This state-of-the-art plant, set to commence operations in the latter half of 2027, will boast an impressive annual recycling capacity…
A Closer Look at Jusailong’s Modified Plastics Expansion and Innovation
December 15, 2024 – Jusailong Unveils Ambitious Expansion and Innovation Plans in Modified Plastics Industry Jusailong, a leading player in the modified plastics sector, has recently disclosed its investor relations activity record, revealing its latest layouts and advancements. With three major production bases in Guangzhou, Wuhu, and Chongqing, the company is demonstrating its strong confidence…
Successful Lifting of HotFlare Separation Tank Marks Completion of Ethylene Plant’s Column Installation
December 15, 2024 – A significant milestone has been achieved in the Tarim 1.2 million tonnes/year Phase II Ethylene Project undertaken by Huanqiu Sixth Construction Company for Dushanzi Petrochemical Corporation, with the successful lifting of the hot flare separation tank. This critical accomplishment marks the completion of the installation of all 38 oversized large-scale column…