Asia’s Rise in the Global Bottle-Grade PET Industry

November 04, 2024 – The global bottle-grade PET industry is undergoing a significant transformation, with its focal point gradually shifting from Europe and the United States to Asia. As the industrial restructuring deepens, Asia has emerged as a hub for new and expanded bottle-grade PET projects. Despite limited growth in global polyester bottle chip capacity…

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Guangxi Anhexinju Pioneers Integrated Pigment-Dispersion Production with Ambitious 35,000-Ton Project

September 25, 2024 – Guangxi Anhexinju Technology Co., Ltd. is forging ahead with the construction of its ambitious project aimed at producing 30,000 tons of iron oxide and 5,000 tons of high-quality nano pigment dispersions annually. Following the completion of the environmental assessment public notification, preparations for the project, which boasts a total investment of…

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Semiconductor Safeguard: Luen Thai Plastics’ PPH Ultrapure Piping Systems

February 27, 2025 – Luen Thai Plastics, a leading player in the petrochemical industry, has made significant strides in addressing long-standing challenges within the sector through its innovative RTP glass fiber reinforced composite pipes. The petrochemical industry accounts for 18% of total industrial energy consumption, and traditional metal piping systems have historically hampered the sector’s…

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Huntsman Reports Q4 Loss Amid Market Challenges, Plans Cost-Cutting Measures

February 19, 2025 – Huntsman Corporation (NYSE: HUN) recently released its fourth-quarter 2024 financial results, reporting revenues of 1.452billion.Unfortunately,thecompanyincurredanetlossof141 million, with an adjusted net loss reaching 43million.However,adjustedEBITDAremainedatalevelof71 million. Following the release of the earnings report, Peter R. Huntsman, Chairman, President, and CEO of Huntsman Corporation, stated that the fourth-quarter performance was generally in line with the company’s…

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Revolutionizing Scratch Resistance: Testing and Improving Casters for Durability

November 23, 2024 – Casters, an essential component in various industries including luggage, furniture, medical equipment, and children’s strollers, demand exceptional scratch resistance. To ensure the quality of these rubber-coated caster parts, manufacturers subject them to rigorous scratch resistance tests using specialized machinery. In the realm of scratch resistance testing, key equipment plays a pivotal…

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Private Enterprises Lead Profit Growth in China’s Industrial Sector; Coal Mining Plummets 48.9%

June 4, 2025 – China’s industrial economy maintained a steady and progressive trajectory from January to April this year, according to the latest data released by the National Bureau of Statistics. During this period, national industrial enterprises above designated size accumulated profits of 2.12 trillion yuan, marking a 1.4% year-on-year increase. Notably, the profit growth…

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Yizheng Chemical Fiber Leads the Way in Functional Polyester Materials

January 18, 2025 – Sinopec Yizheng Chemical Fiber Company has announced exciting news with the successful commissioning of China’s first 500,000-ton/year bottle-grade chip plant utilizing polyester medium-viscosity process technology. This project adopts a domestically leading short-process production technology independently developed by Sinopec, highlighting China’s new achievements in technology and equipment in the non-fiber polyester field…

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