IndustryNews
Major Changes Ahead: HB Fuller Announces Restructuring and Financial Update
January 21, 2025 – Global Adhesive Giant HB Fuller Unveils 2024 Financial Results and Major Restructuring Plan HB Fuller, a leading player in the global adhesive industry, has recently released its financial results for fiscal year 2024, announcing a significant restructuring plan that involves shutting down nearly one-third of its factories worldwide and drastically reducing…
Blockchain Technology Paves the Way for Transparent Chemical Recycling Supply Chains
January 21, 2025 – Mitsubishi Chemical and Chaintope Complete Pilot Test for Chemical Recycling Supply Chain Traceability System Mitsubishi Chemical Corporation has recently announced the successful completion of a pilot test for a supply chain traceability system for chemical recycling in collaboration with Chaintope. The test results demonstrate that critical information, such as the type…
ArabPlast 2025: Shaping the Sustainable Future of Plastics and Petrochemicals
January 18, 2025 – ArabPlast 2025 Concludes Successfully in Dubai, Securing Major Deals and Highlighting Sustainable Innovations The 17th edition of the Arab Plastics, Petrochemicals, Recycling, and Sustainability Exhibition (ArabPlast 2025) successfully drew to a close on January 9 in Dubai. The event witnessed the signing of several significant cooperation agreements between Emirati, Gulf, and…
Sichuan Petrochemical’s Lean Management and Transformation Drive Remarkable Success
January 18, 2025 – Sichuan Petrochemical Achieves Remarkable Success in 2024 Operations Sichuan Petrochemical has announced impressive achievements in its 2024 operations. At a recent production and operation management meeting, various functional departments within the company presented outstanding performance reports, highlighting a 19% year-on-year increase in crude oil processing volume and surpassing the targeted ethylene production, both…
New Milestone for Ningmei Olefin: Polypropylene Production Surpasses Expectations
January 18, 2025 – Ningmei Olefin Company Sets New Polypropylene Production Record in 2024 Ningmei Olefin Company has reached new heights in polypropylene production, celebrating an historic peak in 2024. With an annual output of 1.1042 million tons, the company has not only surpassed its annual target but also exceeded its designed capacity, writing a…
Breakthrough in Private Sector: Sinopec’s Cracking Gasoline Catalyst in Yulong Project
January 18, 2025 – Sinopec’s Homegrown Cracking Gasoline Hydrogenation Catalyst Triumphs in Yulong Petrochemical’s New Ethylene Project A breakthrough has been achieved in the promotion and application of Sinopec Research Institute of Petroleum Processing’s self-developed cracking gasoline hydrogenation catalysts within the private sector, as the catalysts successfully initiated operations in Yulong Petrochemical’s newly established ethylene…
Diversifying Applications: Mitsui Chemicals’ Strategy to Boost POE Sales
January 18, 2025 – Mitsui Chemicals Expands POE Material Horizons Amidst China Market Challenges Mitsui Chemicals is actively seeking new end-use and regional markets for its Polyolefin Elastomer (POE) materials, particularly its “tafmer” brand, to counter the decline in sales in the Chinese market. The demand for “tafmer” POE, primarily used as a solar cell…
Successful Gasifier Installation Ushers in New Phase for Coal-to-Hydrogen Venture
January 18, 2025 – China Tianchen Achieves Milestone in Coal-to-Hydrogen Project with Successful Gasifier Installation In a significant development, the first gasifier for the coal-to-hydrogen project of the Northern Huajin Fine Chemical and Raw Material Engineering, contracted by China Tianchen Engineering Corporation, has been successfully installed. This landmark achievement marks the official entry of the…
Taiwan Pioneers Global Plastic Recycling with Bold Goals and Policies
January 18, 2025 – Taiwan Leads Global Plastic Recycling Efforts with Ambitious Goals and Innovative Policies Taiwan stands out in the global plastic recycling sector, boasting one of the highest plastic recycling rates worldwide. In 2019, the island’s plastic recycling rate hit an impressive 51%, with plastic containers achieving a remarkable recycling rate of 97%…
BASF’s Styrodur® Brand Changes Hands: BACHL Takes Over in 2025 Deal
January 18, 2025 – Chemical Giant BASF Announces Major Business Realignment: Styrodur® Insulation Material Sold to BACHL At the beginning of the new year 2025, BASF, a leading chemical company, has announced a significant business adjustment by transferring its Styrodur® insulation material business to Karl Bachl Kunststoffverarbeitung GmbH & Co. KG (hereinafter referred to as…