IndustryNews
Innovations in EVA Foam: How SEBS is Changing the Game
November 27, 2024 – The rise of EVA foam sole materials in the casual athletic footwear industry has been remarkable due to their lightweight and comfortable features. However, EVA’s inherent limitations in flexibility, compression resistance, and slip resistance have prompted the industry to seek improvements through elastomer modification. Among these, SEBS (Styrene-Ethylene-Butylene-Styrene) is emerging as…
From Waste to Bottle: The Journey of the World’s First Bio-PET
November 27, 2024 – A groundbreaking collaboration led by PET resin manufacturer Indorama Ventures, along with six industry giants, has recently introduced the world’s first bio-based PET bottle. Pioneering the application of this innovative product, Japanese beverage giant Suntory Group has incorporated it into selected production lines. The initial batch of bio-PET bottles, totaling 45…
Global Chemical Shakeup: Asahi Kasei Closes Thai Factory
November 27, 2024 – In a significant move, global chemical giant Asahi Kasei has announced plans to shut down its joint venture factory in Thailand, which produces acrylonitrile (AN), methyl methacrylate (MMA), and ammonium sulfate, among other products. According to a resolution passed at Asahi Kasei’s shareholder meeting, its subsidiary, PTT Asahi Chemical Co., Ltd….
Advanced Recycling System Boosts Ester Industries’ Sustainable Growth”
November 26, 2024 – Ester Industries Embraces Green Transformation with Advanced Recycling System in Hyderabad In line with the global shift towards sustainability, the packaging industry in India is witnessing new avenues of growth. Ester Industries, a pioneering force in polyester (PET) film production, has announced the integration of the cutting-edge Gneuss OMNI 200 recycling…
Plastic Pollution Crisis: INC-5 Kicks Off with High Stakes and Tight Deadline
November 26, 2024 – With Just a Week Left to Secure New Global Plastic Pollution Agreement, INC-5 Kicks Off in South Korea As the countdown to November 25, 2025, looms large, marking the deadline for nations to forge a new international pact on plastic pollution, the fifth session of the Intergovernmental Negotiating Committee (INC-5) has…
Breakthrough HMW-PLA Project Launched in Henan Province
November 25, 2024 – A landmark agreement was recently signed in Zhengzhou between the Shancheng District Government of Hebi City, Henan Province, and Henan Biological Industry Group, marking a significant step forward in the field of bio-based new materials. The signing ceremony for the high-molecular-weight polylactic acid (HMW-PLA) demonstration project signifies a collaborative effort to…
Single Champions Drive Petrochemical Industry’s High-Quality Development
November 25, 2024 – A comprehensive analysis of premier enterprises in the petrochemical sector was presented by Tang Shengxiu, Deputy Director of Quality, Safety, and Environmental Protection at the China Petroleum and Chemical Industry Federation, during the Second Forum on Gradient Cultivation and Development of High-Quality Petrochemical Enterprises and the Experience Exchange Meeting of Champion…
California Lawsuit vs. ExxonMobil: Recycling Controversy
November 23, 2024 – ExxonMobil has unveiled a significant investment plan, committing over $200 million to expand its advanced recycling operations in Baytown and Beaumont, Texas. This new venture, set to commence in 2026, promises to substantially boost ExxonMobil’s global plastic processing capabilities, contributing to environmental conservation efforts. Through this investment, ExxonMobil’s advanced recycling capacity…
Nippon Holdings Consolidates Indian Footprint After Share Repurchases
November 22, 2024 – Nippon Paint Holdings Completes Repurchase of Indian Subsidiaries Nippon Paint Holdings Co., Ltd. (hereinafter referred to as Nippon Holdings) has officially announced the completion of the repurchase of shares in two significant Indian paint manufacturing companies, reintegrating them into its fold as subsidiaries. The transaction was finalized on November 16, 2024….
Pioneering Biogas Development: A Tripartite Partnership
November 22, 2024 – BASF, Shanghai Gas under the Sheneng Group, and Shenji Environmental Technology have recently inked a memorandum of understanding (MOU), marking a deep collaboration in the biogas sector. This strategic move aims to propel the market application and international certification of biogas, jointly exploring sustainable solutions to accelerate the development of the…