Taiwan Pioneers Global Plastic Recycling with Bold Goals and Policies
January 18, 2025 – Taiwan Leads Global Plastic Recycling Efforts with Ambitious Goals and Innovative Policies Taiwan stands out in the global plastic recycling sector, boasting one of the highest plastic recycling rates worldwide. In 2019, the island’s plastic recycling rate hit an impressive 51%, with plastic containers achieving a remarkable recycling rate of 97%…
Recycled Resin Market Faces Challenges Amid Trump Trade Policies and Inflationary Pressures
January 18, 2025 – Trump Trade Policies Stir Inflation Concerns, Shaping Recycled Resin Market Dynamics The deflationary trend has stagnated, and inflationary pressures may be staging a comeback, influenced by Trump’s trade policies. This economic shift could dampen demand for consumer and durable goods, subsequently impacting the demand landscape for recycled resins, according to Emily…
BASF’s Styrodur® Brand Changes Hands: BACHL Takes Over in 2025 Deal
January 18, 2025 – Chemical Giant BASF Announces Major Business Realignment: Styrodur® Insulation Material Sold to BACHL At the beginning of the new year 2025, BASF, a leading chemical company, has announced a significant business adjustment by transferring its Styrodur® insulation material business to Karl Bachl Kunststoffverarbeitung GmbH & Co. KG (hereinafter referred to as…
Key Considerations for Plastic Pellet Machine Selection
January 18, 2025 – Key Considerations for Selecting Plastic Pellet Processing Equipment In the plastic pellet processing industry, choosing the right equipment is crucial, as it not only affects production efficiency but also directly impacts product quality and a company’s economic benefits. When purchasing plastic pellet processing equipment, what key factors should be considered? Firstly,…
New Milestone for Guosen in Pharmaceutical Packaging with 5,000-Ton Production Line
January 18, 2025 – Guosen Color Printing Co., Ltd. has successfully commenced operations of a new production line for pharmaceutical packaging materials with an annual capacity of 5,000 tons at the Yahu Salt Lake High-tech Industrial Development Zone. This project, specializing in plastic composite films, pharmaceutical aluminum foil, and polyethylene blown films for packaging, marks…
Collaborative Effort: Covestro and CCMS Aim for Carbon Reduction in Telecommunications
January 18, 2025 – Global chemical giant Covestro has announced a strategic partnership with leading telecommunications company Chi Mei Communications Systems (CCMS), aiming to accelerate the transition towards a circular and low-carbon communications industry. Covestro will leverage its low-carbon, high-performance polycarbonate solutions to support CCMS in the development of cutting-edge communication products such as radio…
Mitsubishi Chemical Halts Investment in Louisiana MMA Facility
January 18, 2025 – Mitsubishi Chemical has announced its decision to terminate plans for a new MMA monomer plant in Louisiana, USA. This determination was made during the advancement of front-end engineering design and regulatory permitting processes. The company had originally intended to construct a 350,000-tonne-per-year MMA monomer facility in the Geismar area of the…
Expert Endorsement for Xinghua Group’s Coal Chemical Relocation Project
January 18, 2025 – Yanchang Petroleum Group recently hosted a high-profile review meeting for the relocation and upgrade project of Xinghua Group in the historic city of Xi’an. This meeting, characterized by its high standards and specialized nature, gathered 23 leading experts in the domestic coal chemical industry. Key executives from relevant departments of the…
Major Upgrade Underway: Shenhua Baotou Coal-to-Olefins Project Launched
January 18, 2025 – Contract Signing and Kick-off Meeting Marks Commencement of Shenhua Baotou Coal-to-Olefins Upgrade Project A significant contract signing and project launch event for the “EPC Contract for Circulating Water Plant, Water Supply Boosting, and Fire Pumping Station” of the Shenhua Baotou Coal-to-Olefins Upgrade Demonstration Project was successfully held at China Chemical Donghua…
Significant Milestone Achieved in Zhenhai Refining’s Phase II(2) Project
January 18, 2025 – Zhenhai Refining and Chemical Complex’s Phase II(2) Expansion Witnesses Significant Progress The construction of the Phase II(2) expansion project at the Zhenhai Refining and Chemical Complex of Sinopec Ningbo Zhenhai Refining and Chemical Co., Ltd. has reached another milestone. Recently, the bid winners for the first section of the pile foundation…