October 13, 2024 – Liaoyang Petrochemical Marks Nylon 66 Project Milestone with First Steel Structure Hoisting
October 13, 2024 – A significant milestone was achieved for Liaoyang Petrochemical Company’s Nylon 66 project on the morning of October 8, at precisely 10:08 am, with the successful hoisting of the first steel structure for the public pipe gallery, marking the commencement of steel structure installation for the entire project. Amidst the crisp sound…
Major Milestone: Sinopec Approves Overall Design for Yueyang’s Giant Ethylene Project
January 18, 2025 – Sinopec Approves Overall Design for Yueyang Ethylene Project, Marking Substantial Progress Sinopec Group has officially announced the approval of the overall design for the ethylene section of the Yueyang Ethylene Project, expressing principled agreement on the project’s general process flow, construction scale, and product plan. This significant development signifies the advancement…
Basf’s Coatings Division Faces Strategic Review Amid Shifting Landscape
February 15, 2025 – Basf Mulls Strategic Shift for Its Coatings Division, Sparking Market Interest In recent news, Basf’s newly appointed CEO, Dr. Carey, revealed during a global conference call that the conglomerate is reassessing the strategic direction of its coatings division, potentially exploring options such as seeking joint venture partners or altering ownership structures….
Jusailong Launches Second Phase of East China Production Base, Signaling Major Expansion
September 04, 2024 – Jusailong Company recently announced that the second phase of its East China high-performance modified engineering plastics production base has officially commenced construction. This significant project marks the implementation of Jusailong’s first major investment initiative since its listing. According to reports, the total investment in Jusailong’s East China production base reaches up…
PLASTEC EAST 2025: Showcasing Innovation and Trends in Plastics
January 24, 2025 – PLASTEC EAST 2025: A Grand Gathering of the Plastics and Rubber Industry in New York The plastics and rubber industry in North America is gearing up for a major event as PLASTEC EAST 2025 is set to open its doors from June 10 to 12 at the Javits Center in New…
Innovations in Temperature-Reducing Masterbatches Revolutionize Plastic Processing
August 19, 2024 – The plastic processing industry has undergone significant transformations with the emergence of new formulations, processes, and technologies related to temperature-reducing masterbatches. These additives, which can notably lower the processing temperature of plastics such as polypropylene (PP), have become crucial in the manufacturing process. The latest formulations of temperature-reducing masterbatches primarily consist…
BASF Performance Materials Division Embraces Renewable Energy by 2025
February 11, 2025 – BASF’s Performance Materials Division Switches to Renewable Energy for European Plants by 2025 In a significant announcement, BASF’s Performance Materials Division has revealed plans to fully transition all its European plants to renewable energy for electricity by January 1, 2025. This bold move underscores BASF’s unwavering commitment to sustainability. Martin Jung,…
Chemical Industry Insights: Divergent Financial Performances in 2024 Half-Year Reports
August 26, 2024 – Multiple listed companies in the chemical industry have recently released their semi-annual financial reports for 2024. Among them, Baoti Co., Ltd. experienced a slight increase in operating revenue during the reporting period, with its net profit attributable to shareholders rising by 5.85% year-on-year. However, its non-net profit after deducting non-recurring profits…
Masterbatches & Pigments: Differences that Matter in Plastic Coloring
December 3, 2024 – Exploring the Distinct World of Colorants: Pigment Powders vs. Color Masterbatches In the realm of plastic coloring, two prominent players stand out: pigment powders and color masterbatches. These colorants, though often used interchangeably, possess distinct differences that span their advantages, disadvantages, production methods, and application outcomes. Starting with their merits, color masterbatches…
Global Aramid Market Shifts as Teijin Announces Production Site Closure
January 23, 2025 – Teijin Group Announces Closure of Arnhem Aramid Fiber Production Site as Part of Cost-Saving Measures Teijin Group, through its subsidiary Teijin Aramid, has recently announced the closure of its aramid fiber production facility in Arnhem, the Netherlands, as part of a series of cost-saving measures. Amidst intensifying global competition, particularly from…