EU’s 2040 Target: Scaling Recycled Plastics to Capture 15% Market Share Amid Cost Challenges
May 29, 2025 – The global plastic circular economy stands at a crossroads, facing both monumental challenges and promising opportunities. A recent study by Bain & Company highlights that Europe’s plastic chemical recycling sector requires substantial capital investment to achieve cost parity with virgin plastics, a transition expected to span 20-30 years. According to Bain’s…
Sondi Subsidiary Secures Strategic Funding to Advance Digital Coating Solutions
June 24, 2025 – Strategic Investment Boosts Digital Coating Technology in Color Masterbatch Applications AsiaMB Exclusive – In a significant move for the coatings industry, Hunan Sondi Digital Coating Systems has secured 28.67 million yuan in strategic funding, a development that promises to accelerate innovation in color masterbatch-compatible coating technologies. The subsidiary of leading coating…
Sustainable Straws by CJ Biomaterials Hit TOUS les JOURS U.S. Locations
February 13, 2025 – TOUS les JOURS Embraces Sustainable Innovation with Plant-Based Straws Across U.S. Stores Renowned South Korean bakery chain TOUS les JOURS (also known as “TLJ”), a subsidiary of CJ Group, the largest food company in South Korea, has announced the nationwide rollout of innovative plant-based plastic straws at all its U.S. locations…
ADNOC and OMV in Talks to Form New Global Polyolefins Giant
February 16, 2025 – ADNOC Announces Positive Talks for Merger and Acquisition to Form Global Polyolefins Giant Abu Dhabi National Oil Company (ADNOC) officially announced on February 1st that it is engaged in active and constructive negotiations with OMV AG to consolidate their stakes in Borouge plc and Borealis AG, aiming to create a brand-new…
Major Deal: Sanlipu’s Affiliate to Take Over Part of Sumitomo’s LCD Business
December 31, 2024 – Sanlipu Announces Upcoming Acquisition of Sumitomo Chemical’s LCD Polarizer Business Assets Sanlipu has recently unveiled a significant announcement revealing that Hubei Liyou Optoelectronic Technology Co., Ltd., a subsidiary controlled by its affiliated company Hubei Sanlipu Optoelectronic Technology Co., Ltd., is preparing to acquire equity and asset services related to part of…
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…
Asian Plastic Recycling Industry Gears Up for Inaugural PRS Event in Singapore
October 30, 2024 – Premier Asian Plastic Recycling Show (PRS) Set to Open at Marina Bay Sands in Singapore The inaugural Asian Plastic Recycling Show (PRS), scheduled for November 13-14, 2024, is poised to kick off at the prestigious Marina Bay Sands Convention Centre in Singapore. This two-day event promises to bring together elite professionals…
Nine Japanese Firms Unite: A New Era for PET Resource Recycling
May 11, 2025 – In the global pursuit of solutions to the plastic waste recycling conundrum, Japanese companies are taking innovative strides. Recently, nine companies from diverse sectors in Japan have joined forces in a highly forward – looking cross – industry cooperation project. This initiative is specifically targeted at the challenges in PET resource…
Advancements in Plastic Modification Techniques Open New Possibilities
August 22, 2024 – Plastic modification stands as an effective method to enhance plastic performance, improve quality, and reduce costs through the addition of additives and fillers. The role of formula design in this process is pivotal, involving multiple elements such as material selection, compounding, dosage, and mixing methods. These aspects, when combined, significantly impact…
Jianping County Emerges as Global Bentonite Hub with Ambitious Development Projects
August 19, 2024 – Jianping County, Chaoyang City, Liaoning Province, renowned as the “Hometown of China’s Bentonite,” stands out globally as a pivotal producer of this versatile mineral. Boasting an impressive current reserve of 26.97 million tons and a prospective reserve exceeding 200 million tons, Jianping holds sway in the international bentonite market. Within its…