IndustryNews
Alpla Expands Global Footprint with PET Recycling Investment in South Africa
December 6, 2024 – Austrian Packaging Giant Alpla Takes Major Step in South Africa with PET Recycling Plant Launch In a significant move for the packaging industry, Austrian manufacturer Alpla has opened its first PET recycling plant in South Africa, located in Ballito, KwaZulu-Natal. The factory, spanning 90,000 square meters and with a total investment…
Market Changes Lead to Termination of Shuangjian-Fuqisen Merger
December 5, 2024 – Wuhan Shuangjian New Material Co., Ltd. (hereinafter referred to as “Shuangjian New Material”) has recently issued an “Announcement on the Termination of Major Asset Restructuring,” announcing the termination of its previously planned major asset restructuring to acquire a 100% stake in Jiangsu Fuqisen Co., Ltd. (hereinafter referred to as “Fuqisen”). Looking…
Adnoc’s Bold Move: Majority Stake in Covestro Reshapes Industry Dynamics
December 5, 2024 – Adnoc Makes Significant Stride in Global Chemical Industry with Covestro Acquisition In a groundbreaking move, the Arabian Petroleum Company (Adnoc) has announced the successful acquisition of a majority stake in German polymer giant Covestro, marking a pivotal step towards joining the ranks of the world’s top chemical alliances. By the end…
Major Deal: Dow Chemical Offloads Soft Packaging Adhesive Biz to Arkema
December 4, 2024 – Dow Chemical Completes $150 Million Sale of Soft Packaging Adhesive Business to Arkema Global chemical giant Dow Chemical has announced the successful completion of the sale of its soft packaging composite adhesive business, part of its Packaging & Specialty Plastics division, to Arkema, a leading player in the global specialty materials…
Caprolactam in China: Growth, Expansion, and the Path Ahead
December 4, 2024 – China’s Caprolactam Market: Growth, Expansion, and the Need for Innovation China’s caprolactam market has witnessed remarkable growth dynamics in recent years, with the apparent consumption soaring to 4.9795 million tons in 2023, marking a 16.68% increase from the previous year. Despite this surge, the self-sufficiency rate slightly declined to 98.81%. Notably,…
Breakthroughs in Thermoplastic Composites: Teijin Carbon Fibers Leads the Way
December 4, 2024 – Teijin Carbon Fibers Announces Breakthroughs in Thermoplastic Composites Market Teijin Carbon Fibers, a global leader in carbon fiber production and formerly known as Toho Tenax Co., Ltd. in Tokyo, Japan, has recently unveiled its latest advancements in the thermoplastic composites market. As a long-standing pioneer in the carbon fiber industry, Teijin’s…
Sealing Industry on the Rise: Embracing Opportunities through Innovation
December 4, 2024 – Sealing Industry Embraces New Growth Opportunities: Innovation and Service as Key to Success The sealing industry, a seemingly unassuming yet crucial sector, is poised for new growth opportunities amidst the booming development of automobiles, machinery, electronics, chemicals, and more. These small components, known as seals, bear the weight of ensuring the…
Masterbatches & Pigments: Differences that Matter in Plastic Coloring
December 3, 2024 – Exploring the Distinct World of Colorants: Pigment Powders vs. Color Masterbatches In the realm of plastic coloring, two prominent players stand out: pigment powders and color masterbatches. These colorants, though often used interchangeably, possess distinct differences that span their advantages, disadvantages, production methods, and application outcomes. Starting with their merits, color masterbatches…
Eco-Friendly Modified Plastics: The Future of Sustainable Materials
December 3, 2024 – Modified Plastics: A Pioneering Force in the New Materials Sector Modified plastics, renowned for their exceptional electrical, magnetic, heat-resistant, and flame-retardant properties, have been making waves in various industries including home appliances, automotive, and electronics in recent years. These innovative materials, derived from the modification of common polymer resins through physical,…
The Importance of Solubility Parameter in Chemical Industry Applications
December 3, 2024 – Solubility Parameter: The Key to Unlocking Polymer Compatibility in the Chemical Industry In the realm of chemicals, the Solubility Parameter (SP) stands as a pivotal physical constant, measuring the miscibility of liquid materials. This parameter not only directly reflects the cohesive energy density of materials but also determines the compatibility between…