IndustryNews
The Art and Science of Titanium Dioxide Production at Chemours (Tianjin)
May 6, 2025 – In the realm of titanium dioxide manufacturing, Chemours Chemical (Tianjin) Co., Ltd. consistently stands at the forefront of the industry, thanks to its cutting – edge technologies and stringent quality control measures. The company’s titanium dioxide production process is a marvel of precision and complexity, with every step embodying technical ingenuity…
Ascend Performance Materials’ Chapter 11 Filing: Navigating Challenges in a Restructuring Nylon Market
May 6, 2025 – Ascend Performance Materials, a globally renowned producer of polyamides, made a significant announcement on April 22. With the strong support of key stakeholders such as some existing creditor institutions, it has formally submitted an application to the United States Bankruptcy Court for the Southern District of Texas, initiating the Chapter 11…
Major Corporate Change: ChemChina’s Control Over Pirelli Ends
May 6, 2025 – A seismic shift in the corporate landscape of the tire industry occurred on April 28 when Pirelli & C. Spa, the globally – recognized Italian tire manufacturing giant, released its 2024 financial report. Among the disclosed information, one revelation stood out prominently: the board of Pirelli officially confirmed the termination of…
Sinopec Leads Tripartite Joint Venture in Fujian: 28.8B Yuan for Gulei Chemical Project
April 30, 2025 – Sinopec, Fujian Refining and Chemical, and Saudi Aramco’s Subsidiary Forge a Massive Joint Venture for Major Chemical Project In a significant development announced on the evening of April 28, Sinopec (00386) has officially initiated a high – profile collaboration with Fujian Refining and Chemical and AAS, a subsidiary of Saudi Aramco….
Coatings Industry Shake-Up: Will AkzoNobel Acquire BASF’s Divested Business?
April 30, 2025 – AkzoNobel Eyes BASF’s Divested Coatings Business: A Game-Changer in the Global Coatings Industry? A bombshell was dropped in the global coatings industry on April 27, as reported by the Dutch financial daily Het Financieele Dagblad. AkzoNobel, the Amsterdam-based coatings behemoth, is reportedly eyeing the coatings business unit that German chemical titan…
Innovative Extruder Patent from Jiangsu Suchen Revolutionizes Color Masterbatch Production
April 30, 2025 – According to the latest public information from the National Intellectual Property Administration, Jiangsu Suchen Plastics Co., Ltd. has successfully obtained a patent titled “A Granule Extruder for Color Masterbatch Granulation and Molding”. The application date can be traced back to July 2024. This patent belongs to the technical field of color…
Srichakra Polyplast Triples Food-Grade rPET Capacity in India with New Starlinger Lines
April 29, 2025 – A significant milestone has been reached in India’s plastic recycling and waste management sector. On April 28, Srichakra Polyplast, a renowned Indian enterprise, announced the official commissioning of two advanced PET bottle-to-bottle recycling lines at its plant on the outskirts of Hyderabad. Sourced from Austrian firm Starlinger, these new lines have…
Regulatory Tailwinds Drive Aliplast’s Strategic Move in European PET Recycling
April 29, 2025 – Aliplast, a leading force in Europe’s plastic recycling sector, has once again expanded its business footprint. The company, which is part of Herambiente under the Hera Group, recently completed the acquisition of Gurit’s PET recycling division in Italy. The acquired facility, located in Carmignano di Brenta, Padua, brings a significant boost…
H&M-Backed Syre Group Unveils Plan for Carbon-Neutral Textile Recycling in Vietnam
April 29, 2025 – A major investment initiative is set to reshape Vietnam’s textile industry landscape. On April 25, Binh Dinh Province in Vietnam and Sweden-based Syre Group inked a Memorandum of Understanding (MoU) for a groundbreaking polyester fiber fabric recycling and production complex project. With a planned investment of approximately $1 billion, Syre Group…
ECI Group’s Shanghai Expansion: Unveiling a New Chapter in Polyolefin Technology
April 28, 2025 – A significant development has emerged in the global polyolefin technology arena. On April 10, the renowned ECI Group, a leading holder of polyolefin technology patents and provider of engineering services, officially established an office in Shanghai. This strategic move is regarded as a pivotal milestone in the ECI Group’s development journey,…