resin
Sumitomo Chemical Bolsters LCP Portfolio with Syensqo Acquisition
February 11, 2025 – Sumitomo Chemical Expands Market Footprint with Acquisition of Syensqo’s LCP Resin Business Sumitomo Chemical has made a strong move to expand its market presence by acquiring the liquid crystal polymer (LCP) resin business of Belgian company Syensqo SA/NV (hereinafter referred to as “Syensqo”). The acquisition aims to integrate Syensqo’s products and…
Market Changes Lead to Termination of Shuangjian-Fuqisen Merger
December 5, 2024 – Wuhan Shuangjian New Material Co., Ltd. (hereinafter referred to as “Shuangjian New Material”) has recently issued an “Announcement on the Termination of Major Asset Restructuring,” announcing the termination of its previously planned major asset restructuring to acquire a 100% stake in Jiangsu Fuqisen Co., Ltd. (hereinafter referred to as “Fuqisen”). Looking…
Mitsubishi Chemical to Transform and Expand with KV35 Strategy
November 18, 2024 – Mitsubishi Chemical Group has unveiled its ambitious business vision, “KAITEKI Vision 35 (KV35),” aiming to make its chemical business the core driver of growth. The company aspires to achieve a core operating revenue of 570 billion yen (approximately 26.37 billion RMB) by 2029 and further soar to 900 billion yen (around…
Revolutionary BIOFRONT®PLA Resin from Teijin Frontier: A New Era in Biodegradable Materials
November 12, 2024 – Teijin Frontier Unveils Revolutionary BIOFRONT®PLA Resin for Enhanced Biodegradability Teijin Frontier, a renowned global chemical company, has recently announced the launch of its latest innovation, BIOFRONT®PLA (polylactic acid) resin. This groundbreaking biodegradable resin demonstrates superior decomposition capabilities in natural environments, such as oceans, rivers, and soil, surpassing traditional PLA and offering…
SABIC’s Strategic Move: $220M ULTEM™ Resin Plant Opens in Singapore
November 12, 2024 – SABIC Marks a Milestone with the Inauguration of Its ULTEM™ Resin Manufacturing Plant in Singapore SABIC has announced the official opening of its ULTEM™ resin manufacturing plant in Singapore, a $170 million (SGD 220 million) investment. This factory, SABIC’s first specialty chemical production base for high-performance thermoplastic ULTEM™ resin in the…