PE Pipes: Diverse Connection Methods and Superior Performance Attributes
May 9, 2025 – In the field of modern pipeline engineering, PE (polyethylene) pipes have firmly secured their important position because of their excellent performance. Mastering the connection technologies and characteristics of PE pipes is of great significance for ensuring the quality of projects and the safety of operation. Currently, there are multiple connection methods…
Global Expertise Powers Rönesans Holding’s $2B Investment in Turkey
May 9, 2025 – Amidst the profound realignment of global supply chains, the industrial landscape of Turkey has witnessed a major investment breakthrough. On April 28, Rönesans Holding, a renowned European contracting and investment group, announced the initiation of a polypropylene (PP) production plant and liquid bulk terminal project in Ceyhan, Turkey. This strategic endeavor,…
Middle East’s ADNOC Eyes Chemicals Dominance with Covestro Takeover
May 9, 2025 – According to a Reuters report on May 6, the €14.7 billion (about $16.6 billion) acquisition of German chemical producer Covestro by Abu Dhabi National Oil Company (ADNOC) is set to receive unconditional antitrust approval from the European Commission. This landmark deal, ADNOC’s largest to date, signals a significant strategic shift among…
Google and Dow Team Up: AI – Driven Solution for Plastic Recycling Crisis
May 8, 2025 – As the world grapples with the pervasive problem of plastic pollution and seeks breakthroughs in the circular economy, tech giant Google has joined forces with Dow, a leader in materials science, in a groundbreaking collaboration. Their aim is to leverage artificial intelligence (AI) to overcome the technical hurdles in recycling plastic…
UK’s Plastic Packaging Tax Overhaul: New Rules from 2027
May 8, 2025 – The UK’s HM Revenue and Customs (HMRC) recently announced significant changes to the Plastic Packaging Tax (PPT) set to take effect from April 2027. This move is part of the UK’s broader effort to drive sustainability in the plastic packaging industry and will have far – reaching implications for businesses involved….
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…
ITC’s Final Ruling on Epoxy Resins: Divergent Fates for Imports from Different Regions
May 8, 2025 – The U.S. International Trade Commission (ITC) has recently released the final ruling on the anti-dumping and countervailing investigations concerning epoxy resins imported from China, India, South Korea, Thailand, and Taiwan, China. This decision has stirred widespread attention within the international trade arena. In this ruling, the ITC reached a negative final…
Paint Manufacturers Prioritize Local Sourcing for Stability and Sustainability
May 8, 2025 – In the face of pervasive global uncertainties, the procurement strategies of the paint industry are undergoing a profound transformation. Particularly within the decorative paint segment, driven by dual imperatives of strategic positioning and sustainable development, numerous manufacturers are redirecting their focus towards local supply chains, thus embarking on a pivotal shift…
Covestro’s 2025 Q1 Report: Challenges, Plant Closures, and Revised Outlook
May 7, 2025 – On May 6, Covestro officially released its first – quarter report for the 2025 fiscal year. Against the backdrop of a complex and volatile global economic situation, its performance and future strategic layout have drawn significant attention from the industry. Reported data shows that Covestro’s sales in the first quarter remained…
Celanese and Li Auto Unveil Ultra – Low Emission Material: A New Benchmark for EV Interiors
May 7, 2025 – A significant breakthrough has emerged in the technology of new energy vehicle interior materials. On April 29, Celanese, a global chemical materials giant, and Li Auto, a renowned new energy vehicle brand, announced a major collaboration. The two parties revealed that they will jointly launch an innovative ultra – low emission…