IndustryNews
BASF Unveils Major Project Developments Across Battery Materials, Polyamides, and Pesticides
March 21, 2025 – Recently, BASF has unveiled developments in three major projects spanning battery materials, polyamides, and pesticides, showcasing its extensive layout and profound strength in the chemical industry. In the realm of battery materials, the Phase II project of BASF Shanshan Battery Materials Co., Ltd.’s Changsha base officially commenced production in June 2024….
PO11 Plant Closure: LyondellBasell and Covestro Address Profitability Pressures
March 19, 2025 – LyondellBasell and Covestro have jointly announced the permanent shutdown of the PO/SM production unit, PO11, located at their Maasvlakte plant in the Netherlands. This decision comes amidst global chemical market oversupply, a surge in Asian imports, and persistently high production costs in Europe, aiming to address the ongoing profitability challenges faced…
Innovative Polypropylene Material Boosts Safety and Quality in Medical Devices
March 19, 2025 – Sinopec South Korea has recently achieved a groundbreaking milestone by successfully developing and producing a specialized novel polypropylene material capable of withstanding enhanced “light-based” sterilization processes, marking a revolutionary advancement for the domestic medical device manufacturing industry. This innovative polypropylene material maintains its transparency and performance integrity even after undergoing gamma…
KCC’s Diversified Business Strategy Drives Impressive Financial Growth in 2024
March 18, 2025 – Leading Korean paint and building materials company KCC has announced its impressive financial results for the year 2024. According to the report, the company achieved sales of KRW 6.658 trillion, equivalent to approximately USD 45.95 billion, marking a 5.9% increase from the previous year. This growth is primarily attributed to the…
Closed-Loop Recycling Breakthrough: Aocell Secures TÜV Certification for Automotive PCR Materials
March 17, 2025 – TÜV Rheinland Greater China, a leading international third-party testing, inspection, and certification body, has awarded Shanghai Aocell Material Technology Co., Ltd. (Aocell) with a Post-Consumer Recycled (PCR) material content verification certificate for automotive applications. The certification ceremony, attended by Dr. Wenjun Xia, Founder and President of Aocell, Hou Jingyue, Executive Director…
Major Propylene Production Boost for LyondellBasell in US Market
March 16, 2025 – LyondellBasell Announces Major Propylene Production Expansion in Channelview, USA Global chemical giant LyondellBasell has recently unveiled plans to construct a new propylene production facility at its integrated Channelview complex near Houston, USA, as part of its strategy to boost production capacity. The groundbreaking ceremony for this ambitious project is anticipated in…
Innovative Recycling: LOTTE Chemical Transforms Waste into Smartphone Components
March 16, 2025 – LOTTE Chemical and Samsung Electronics Pioneer Recycling Innovation in Galaxy S25 Smartphone In a landmark collaboration, LOTTE Chemical and Samsung Electronics have announced a joint venture to incorporate recycled plastic materials into Samsung’s latest flagship smartphone, the Galaxy S25, further cementing their partnership in the realm of resource circulation. Leveraging its…
New PPO Foam Material Marks Technological Leap for Engineering Plastics
March 16, 2025 – Groundbreaking PPO Foam Extrusion Technology Passes Expert Evaluation A joint effort by the China National Light Industry Council and the China Plastics Processing Industry Association has led to exciting news in the field of engineering plastics. The “Core Technology for Industrial Production of Supercritical Continuous Extrusion Foamed Polyphenylene Oxide (PPO) Sheets,”…
Joint Venture to Establish 30,000-Ton Rubber Additives Facility in Thailand
March 16, 2025 – Tongcheng New Materials has recently unveiled a significant investment plan, announcing that its wholly-owned subsidiary, Hong Kong Tongcheng, will establish a joint venture with its related party, Gold Dynasty Limited, in Thailand. The joint venture aims to construct a production base with an annual capacity of 30,000 tons of rubber additives….
The Rise of Anti-Static HDPE Sheets: A Game-Changer for Multiple Sectors
March 14, 2025 – Innovative Anti-Static HDPE Sheets Set New Trends in Multi-Industry Applications A groundbreaking material that combines the outstanding physical properties of high-density polyethylene (HDPE) with anti-static characteristics has emerged as a game-changer across multiple industries. Known as anti-static HDPE sheets, this innovative product leverages advanced processing techniques to incorporate anti-static agents into…