IndustryNews
Transforming Waste Tires into Value: Yichang Hengdali’s Success
December 31, 2024 – Yichang Hengdali Recycling Project Marks Significant Milestone in Waste Tire Utilization Yichang Hengdali Renewable Resources Co., Ltd. has recently achieved a crucial breakthrough in its major waste tire recycling and reuse project invested in Yidu Chemical Industry Park. With a total investment of RMB 326 million, four production lines have now…
Major Milestone Achieved: Hanwei’s Eco-friendly Additive Project Nears Launch
December 31, 2024 – Hanwei Technology Announces Significant Progress in Eco-friendly Additive Production Project Dongguan Hanwei Technology Co., Ltd., a company listed on the Beijing Stock Exchange, has recently announced major advancements in its fund-raising project titled “Eco-friendly Additive Production and Construction Project.” Reports indicate that all production equipment for the project has been fully…
Guoen Chemical (Dongming) Resumes Production with Grand Plans
December 31, 2024 – Guoen Technology’s Chemical Revival: Asia’s Largest Polystyrene Line Resumes Production Guoen Technology Co., Ltd., based in Qingdao, has successfully injected new life into its high-end chemical new materials and supporting projects under Guoen Chemical, formally initiating the resumption of production procedures for Asia’s largest polystyrene production line. The project, formerly known…
Major Deal: Sanlipu’s Affiliate to Take Over Part of Sumitomo’s LCD Business
December 31, 2024 – Sanlipu Announces Upcoming Acquisition of Sumitomo Chemical’s LCD Polarizer Business Assets Sanlipu has recently unveiled a significant announcement revealing that Hubei Liyou Optoelectronic Technology Co., Ltd., a subsidiary controlled by its affiliated company Hubei Sanlipu Optoelectronic Technology Co., Ltd., is preparing to acquire equity and asset services related to part of…
UIF Pioneers Innovative Technologies in Polyester Production
December 26, 2024 – Global Chemical Giant UIF Showcases Excellence in Polyester with Innovative Technologies Uhde Inventa-Fischer (UIF), a century-old provider of polymerization equipment, has once again demonstrated its outstanding capabilities in the polyester sector. Renowned worldwide for its proprietary patents in polyester and polyamide production processes and equipment development, UIF has played a pivotal…
Indorama Ventures Launches RECO Collective 2025, Fostering Sustainable Practices in SMEs
December 26, 2024 – Indorama Ventures Launches RECO Collective 2025 to Empower SMEs in Sustainable Fashion and Furniture Global sustainable chemistry giant Indorama Ventures has recently announced the official launch of its RECO Collective 2025 initiative, aimed at deepening education on recycling and upcycling practices and inspiring small and medium-sized enterprises (SMEs) in the fashion…
Wansheng Shares Makes Strategic Move with Thailand Investment
December 26, 2024 – Wansheng Shares Tackles Challenges with Strategic Investment in Thailand Wansheng Shares, a prominent player in China’s flame retardant market, has faced a myriad of challenges in recent years. The interplay of geopolitical conflicts, inflationary pressures in Europe and the US, and capacity expansions has significantly altered the supply-demand dynamics for its…
SpecReK Initiative: A Breakthrough in High-Quality Plastic Recycling Technology
December 26, 2024 – BASF has teamed up with Endress+Hauser, TechnoCompound, and the Universities of Bayreuth and Jena to launch a groundbreaking research project named SpecReK, aimed at enhancing the efficiency and quality of mechanical plastic recycling. This initiative has received substantial support from the German Federal Ministry of Education and Research (BMBF). The project…
ALBA Expands Asian Footprint with New Recycling Facility in Indonesia
December 25, 2024 – ALBA Tridi Plastics Recycling Indonesia, a significant Asian footprint of the ALBA Group, is nearing completion in Kendal, Central Java, Indonesia. This state-of-the-art food-grade plastic recycling facility stands as a testament to ALBA’s commitment to advancing sustainable circular economy practices in Asia and marks a new milestone in the company’s journey….
Strategic Alliance: Petrochemie Gruppe Establishes High-End Coatings Base in Huizhou
December 24, 2024 – German Chemical Giant Petrochemie Gruppe and Huizhou New Materials Industrial Park have achieved a pivotal breakthrough in their collaboration, officially signing an investment agreement for Petrochemie’s high-end coatings project. This landmark signing not only signifies the successful attraction of the first foreign-invested project to the Huizhou New Materials Industrial Park but…