Nelumbo Acquisition by Kuraray Signals Expansion in Surface Modification Technologies

April 7, 2025 – Kuraray, a prominent player in the chemical industry, has announced its intention to acquire Nelumbo, a company headquartered in Hayward, California, USA. The transaction, facilitated through Kuraray’s U.S. subsidiary, Kuraray Holdings U.S.A., Inc., is set to proceed with the acquisition price currently undisclosed to the public. It is anticipated that this…

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Solution-Dyed Acrylic Fiber: A Green Star in the Textile Industry

February 17, 2025 – Acrylic fiber, hailed as “synthetic wool,” has been shining brightly in the textile industry in recent years. Among the various types, solution-dyed acrylic fiber, a green and eco-friendly product developed independently by Sinopec Shanghai Petrochemical Company, has particularly caught the spotlight. But what exactly is solution-dyed acrylic fiber? It is a…

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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…

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