Amcor’s 2024 Sustainability Report Highlights Recycling and PCR Material Use

November 04, 2024 – Global packaging giant Amcor has recently released its fiscal year 2024 sustainability report, showcasing the company’s latest achievements and unwavering commitment to driving the green transformation of the packaging industry. Dedicated to designing more environmentally friendly packaging solutions, Amcor aims to meet the high standards of its customers while minimizing its…

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October 15, 2024 – Polypropylene Sector Launches 100-Day Safety Campaign to Boost Production Efficiency

October 15, 2024 – The Polypropylene Sector has recently embarked on a 100-day “Risk Control and Stable Production” safety campaign, urging all cadres and employees to remain steadfast in their positions, embrace responsibility, and strive towards the annual profit goals through concrete actions. This initiative has instilled a deeper understanding of the significance of safe…

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Sasol to Close 4 Plants in Europe and U.S. by 2026: Shift to ‘Value-First’ Strategy Amid Market Pressures

June 4, 2025 – Global chemical giant Sasol has unveiled a major strategic realignment, announcing plans to shutter four manufacturing facilities across Europe and the U.S. over the next 18 months in response to structural shifts in the chemical market. The company revealed during its Capital Markets Day that two phenolic plastics plants in Houston,…

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Nylon 66 Giant Ascend Initiates Chapter 11 Reorganization: Industry Ramifications Loom

May 13, 2025 – A seismic shift has rocked the nylon 66 industry as Ascend Performance Materials, a global leader in high-performance materials, officially initiated Chapter 11 reorganization proceedings at the U.S. Bankruptcy Court for the Southern District of Texas. This pivotal decision has sent shockwaves through the sector, sparking widespread speculation about the future…

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Behind Your Daily Coffee: A Massive Oil Footprint

February 12, 2025 – Russian ecologist Varvara Mikheyeva has recently revealed startling data: a daily 400-milliliter takeaway coffee comes with a hidden oil consumption of approximately 1.6 kilograms per month. This conclusion is based on her detailed calculations of the oil consumed in the production process of plastic cups. Mikheyeva highlights that the average weight…

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Baofeng Energy’s Massive Olefin Project in Inner Mongolia Progresses Rapidly

September 03, 2024 – Baofeng Energy’s olefin project in Inner Mongolia, known as the world’s largest single-plant olefin production project, is currently under intense development. According to the project leader, the main civil engineering and design work have been completed, and the project is now entering a critical phase of process piping and anti-corrosion insulation…

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Titanium Dioxide Sector’s New Energy Ambitions Stall: CNNC Halts $530M Iron Phosphate Project Amid Overcapacity Crisis

June 4, 2025 – The cross-industry rush of the titanium dioxide sector into new energy has hit a critical turning point. In a recent announcement, CNNC Titanium Dioxide revealed plans to terminate its previously announced 3.82-billion-yuan project for a 500,000-ton-per-year iron phosphate production line, redirecting the remaining 1.666-billion-yuan raised capital into working capital. This decision…

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