Environmental Backlash Against Coca-Cola’s Changing Commitments
December 9, 2024 – Coca-Cola Faces Backlash Over Shifting Environmental Commitments Global beverage giant Coca-Cola has recently come under fire from environmental activists, who have labeled the company a “greenwasher” amid allegations that it has quietly abandoned its previous goal of achieving 25% reusable packaging by 2030. This accusation has sparked widespread public doubt about…
The Importance of Pigment Properties in Plastic Processing
December 9, 2024 – In the plastic processing industry, the selection and application of colorants play a crucial role. Plastic coloring primarily relies on inorganic and organic pigments, which must possess a range of excellent properties, including high coloring strength and brightness, good transparency or opacity, superior dispersibility, weather resistance, thermal stability, chemical stability, electrical…
Financial Woes Force Lotte Chemical to Halt Yeosu Facilities
December 9, 2024 – In a recent announcement, Lotte Chemical Corporation of South Korea has revealed that due to ongoing financial difficulties and a challenging market environment, it will indefinitely suspend operations at some of its petrochemical complex facilities in Yeosu. This shutdown will affect the second plant, including production lines for PET, ethylene glycol…
Global POM Market Set for Shake-Up as Hokuetsu’s Nantong Plant Launches
December 9, 2024 – Hokuriku Electric Industry Co., Ltd. (Hokuetsu), a prominent Japanese company, has announced the successful completion of operational preparations for the first phase of its 90,000-ton-per-year polyoxymethylene (POM) production facility at DaHokuetsu Engineering Plastics (Nantong) Co., Ltd. in Nantong, China. The facility is expected to commence commercial operations at the end of…
INEOS Restructures Operations: Sells Composites Business, Closes Plants
December 9, 2024 – In a significant strategic move, global chemical giant INEOS has announced a formal agreement with renowned private equity firm KPS to sell its entire composites business division. The transaction, valued at approximately 1.7 billion euros, is expected to be smoothly completed in the first half of 2025. INEOS’ composites business encompasses…
Decoding the Complexity of Black Color Masterbatch in Plastic Production
December 6, 2024 – Unraveling the Essentials of Black Color Masterbatch for Plastic Production In the realm of plastic molding and processing, black color masterbatch stands as a pivotal additive known to all. Its versatility spans across, anti-aging, and electrically conductive products. However, manufacturers frequently encounter challenges when using it. Today, AsiaMB delves into the…
Tosoh Strengthens Market Position with Nanyang Factory Expansion for HDI Derivatives
December 6, 2024 – Tosoh Expands Factory to Boost HDI Derivative Production Capacity Tosoh, a leading Japanese chemical company, has announced plans to expand its Nanyang factory located in Chunan City, Yamaguchi Prefecture. The expansion aims to enhance the production capacity of hexamethylene diisocyanate (HDI) derivatives. Upon completion, the factory’s annual HDI production capacity is…
Andritz and Circ Partner to Build Landmark Textile Waste Recycling Plant
December 6, 2024 – Andritz and Circ Partner to Revolutionize Textile Waste Recycling with Major Plant Project In a groundbreaking collaboration, leading high-tech group Andritz has announced that it has secured a significant engineering order from US-based textile recycling innovator Circ. Together, they will build the first large-scale textile waste recycling plant, aiming to tackle…
Alpla Expands Global Footprint with PET Recycling Investment in South Africa
December 6, 2024 – Austrian Packaging Giant Alpla Takes Major Step in South Africa with PET Recycling Plant Launch In a significant move for the packaging industry, Austrian manufacturer Alpla has opened its first PET recycling plant in South Africa, located in Ballito, KwaZulu-Natal. The factory, spanning 90,000 square meters and with a total investment…
Ensuring Quality and Safety: Guidelines for PE Cast Film Color Masterbatch Selection
December 6, 2024 – The selection of color masterbatches plays a pivotal role in the production of PE cast films, as their properties directly influence the quality and final application effects of the films. This article provides an in-depth analysis of the considerations for choosing color masterbatches for PE cast films. Firstly, given the high…