IndustryNews
Mount to Coast Unveils Eco-Friendly Ultra-Running Shoes with BASF’s ecoflex BMB
November 29, 2024 – Hong Kong’s renowned running shoe brand, Mount to Coast, has recently made a groundbreaking move by incorporating BASF’s ecoflex BMB bioplastic into its ultra-running shoe line, unveiling the innovative CircleCELL midsole. This pioneering step marks a significant shift towards replacing traditional Polyether Block Amide (PEBA) materials. The ecoflex biopolymer by BASF,…
Global Caprolactam Technology Expansion: HighChem Takes the Reins from Sumitomo
November 28, 2024 – Sumitomo Chemical Transfers Groundbreaking Caprolactam Technology to HighChem In a recent announcement, Sumitomo Chemical has revealed that it has formally transferred the intellectual property rights (IPR) of its proprietary gas-phase Beckmann rearrangement technology for caprolactam production to HighChem Co., Ltd. (hereinafter referred to as “HighChem”). The two parties have signed a…
Akoli Adjusts Completion Date for Major Polyetheramine Expansion
November 28, 2024 – Akoli Issues Announcement on Extension of 20,000 TPA Polyetheramine Project Akoli (SH 603772) has recently released an announcement regarding the extension of its 20,000 tons per annum (TPA) polyetheramine project. During its recent board of directors and supervisory board meetings, the company reviewed and approved a proposal to extend the completion…
Cost Concerns Force SK Geo Centric to Halt Plastic Recycling Project
November 28, 2024 – SK Geo Centric Halts Plastic Recycling Plant Project in France Amid Cost Concerns In a surprising turn of events, SK Geo Centric, a subsidiary of Korean energy giant SK Innovation, has announced the decision to halt plans for a joint plastic recycling plant in France. The news has sparked widespread industry…
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…