IndustryNews
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…
Continental Leads the Way in Sustainable Tire Manufacturing
December 12, 2024 – Continental Takes Bold Steps Towards Sustainable Tire Manufacturing Continental, a leading tire manufacturer, is accelerating its commitment to sustainability by significantly increasing the use of recycled materials across its factories. This innovative move has led to an average rise of 3% in recycled content across various tire series, with some tires…
US Postpones Final Ruling on Chinese Epoxy Resins Anti-Dumping Case
December 12, 2024 – US Department of Commerce Postpones Final Ruling on Epoxy Resins Anti-Dumping Case from China to March 2025 The US Department of Commerce has recently announced a postponement of the final ruling date for the Less Than Fair Value (LTFV) case, concerning imports of certain epoxy resins from China, to March 28,…
Sustainable Strength: Covestro and Selena’s New Bio-Based Bricklaying Solution
December 12, 2024 – Covestro and the Polish Selena Group have once again collaborated to launch an innovative product: Tytan Professional® Bricklaying Adhesive. This adhesive harnesses Covestro’s bio-based MDI (diphenylmethane diisocyanate) technology, specifically its Desmodur® CQ MB series. Notably, the plant-based raw materials used have secured ISCC Plus certification, and the product excels in environmental…
Environmental Backlash Against Coca-Cola’s Changing Commitments
December 9, 2024 – Coca-Cola Faces Backlash Over Shifting Environmental Commitments Global beverage giant Coca-Cola has recently come under fire from environmental activists, who have labeled the company a “greenwasher” amid allegations that it has quietly abandoned its previous goal of achieving 25% reusable packaging by 2030. This accusation has sparked widespread public doubt about…
Global POM Market Set for Shake-Up as Hokuetsu’s Nantong Plant Launches
December 9, 2024 – Hokuriku Electric Industry Co., Ltd. (Hokuetsu), a prominent Japanese company, has announced the successful completion of operational preparations for the first phase of its 90,000-ton-per-year polyoxymethylene (POM) production facility at DaHokuetsu Engineering Plastics (Nantong) Co., Ltd. in Nantong, China. The facility is expected to commence commercial operations at the end of…
INEOS Restructures Operations: Sells Composites Business, Closes Plants
December 9, 2024 – In a significant strategic move, global chemical giant INEOS has announced a formal agreement with renowned private equity firm KPS to sell its entire composites business division. The transaction, valued at approximately 1.7 billion euros, is expected to be smoothly completed in the first half of 2025. INEOS’ composites business encompasses…
Tosoh Strengthens Market Position with Nanyang Factory Expansion for HDI Derivatives
December 6, 2024 – Tosoh Expands Factory to Boost HDI Derivative Production Capacity Tosoh, a leading Japanese chemical company, has announced plans to expand its Nanyang factory located in Chunan City, Yamaguchi Prefecture. The expansion aims to enhance the production capacity of hexamethylene diisocyanate (HDI) derivatives. Upon completion, the factory’s annual HDI production capacity is…
Andritz and Circ Partner to Build Landmark Textile Waste Recycling Plant
December 6, 2024 – Andritz and Circ Partner to Revolutionize Textile Waste Recycling with Major Plant Project In a groundbreaking collaboration, leading high-tech group Andritz has announced that it has secured a significant engineering order from US-based textile recycling innovator Circ. Together, they will build the first large-scale textile waste recycling plant, aiming to tackle…