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…
CEPE Outlines Concerns and Next Steps Amid EU TiO2 Anti-Dumping Row
February 15, 2025 – The European Council of Paint, Printing Ink, and Artist’s Colours Manufacturers (CEPE) has expressed disappointment over the European Commission’s decision to impose anti-dumping duties on imports of titanium dioxide (TiO2) from China, according to recent reports in overseas media. In an interview, CEPE’s Managing Director, Christel Davidson, elaborated on the association’s…
Market Shifts Force Wacker Chemie to Rebalance US and European Manufacturing Footprint
July 21, 2025 – Wacker Chemie Restructures US Operations While Expanding European Semiconductor Capacity In a strategic realignment of its global production network, Wacker Chemie AG has announced workforce reductions at its Charleston, Tennessee facility while simultaneously expanding high-tech operations in Germany. The Munich-based chemical giant will eliminate approximately 90 positions at its American site,…
Dover Bets Big on Growth: Seals 550 Million Euro Deal for SIKORA
May 8, 2025 – In a major strategic maneuver set to reshape industry dynamics, Dover Corporation has announced its intention to acquire Germany – based SIKORA AG for a hefty 550 million euros in cash. As a key player in the global business landscape, Dover, headquartered in Downers Grove, Illinois, aims to fortify its position…
Ultra-High-Purity Polymers in Focus as Puxijing Closes Landmark Funding Round
June 29, 2025 – Shanghai’s Puxijing New Materials Secures 500M Yuan Investment for Specialty Polymer Expansion AsiaMB Exclusive – Puxijing New Materials has closed a landmark 500 million yuan Series B+ funding round, marking a significant milestone for China’s specialty polymer sector. Zhejiang Energy Group led the investment consortium in this latest financing, which follows…
Rethinking Degradable Plastics: The Hidden Realities
April 19, 2025 – In daily life, many people harbor misunderstandings about “degradable plastics,” mistakenly believing that these plastics can be discarded casually since they will naturally break down. However, the reality is far from this assumption, calling for a renewed understanding of “degradable plastics.” Degradable plastics are not the all – encompassing “environmentally friendly…
PEEK: Unleashing Its Potential Across Diverse Industries
April 11, 2025 – In the arena of high – performance materials, PEEK is emerging as a highly – spotlighted star. PEEK, whose Chinese name is polyetheretherketone, belongs to the polyaryletherketone (PAEK) family. Its molecular structure is formed by the connection of phenylene rings through ether bonds and carbonyl groups, resulting in a crystalline aromatic…
Exploring the Dynamic Differences between PP and PE Plastics
November 20, 2024 – Polypropylene (PP) and Polyethylene (PE): The Dynamic Duo of Plastics Unveiled Plastics, an omnipresent material in our daily lives, grace everything from kitchen utensils to medical equipment. Among the plastic elite, Polypropylene (PP) and Polyethylene (PE) stand out as the stars. But what are the differences and similarities between these two…
New Covestro Production Line in Thailand Boosts Global Specialty Films Output
March 6, 2025 – Covestro Boosts Global Polycarbonate Specialty Films Capacity with New Thailand Line Covestro has recently announced the mechanical completion of its new production line at the Map Ta Phut Industrial Estate in Thailand, marking a significant enhancement of its global polycarbonate (PC) specialty films capacity. This multi-million-euro investment project, initiated in 2023,…
August 31, 2024 – In the midst of a thriving global economy, the semiconductor industry is experiencing a dual growth driven by technological innovations and escalating market demand. To cater to this trend, semiconductor companies are actively expanding their production scales, fueling the need for high-performance materials. In this context, PPS (Polyphenylene Sulfide), an outstanding…