Press Releases

The fluoropolymer market is estimated to be valued at US$ 10 billion in 2023 and is expected to be valued at US$ 18 billion by 2033. The adoption of fluoropolymer is likely to advance at a CAGR of 6% during the forecast period. Fluoropolymer plays a crucial role in several end-use industries including automotive, industrial processing & appliances, healthcare, electrical & electronics, construction and others. Industrial processing & application and electrical & elec

Toyochem Co., Ltd., the polymer and coatings arm of Japan’s Toyo Ink Group, announced today that it has completed construction of a new Polymer Pilot Facility at its Kawagoe Factory, a manufacturing complex located in Kawagoe City, Saitama Prefecture in Japan. The new Facility, which came online in April 2023, is engaged in the prototyping and medium-scale production of advanced polymers and their composites. In the first-phase production line, Toyochem plans to manufacture condensation

Hilex®, a Novolex® brand, announced today new options for its popular ProWAVE® Tote, a recyclable, reusable tote bag that simplifies deliveries and carry-out for supermarkets, restaurants, retailers and their customers. Customers can now choose a ProWAVE Tote that features a 2.25-mil gauge film that’s manufactured with a minimum of 40% post-consumer recycled material — attributes that allow the totes to meet most legislative requirements for reusable bags, in

DIC Corporation announced that on June 1, 2023, it acquired 100% of the shares of Quebec-based PCAS Canada Inc. from French based company PCAS S.A., which manufactures and sells polymers used in photoresists for semiconductor photolithography. The semiconductor market is growing worldwide and its importance is increasing with the development and proliferation of the Internet of Things (IoT), big data, artificial intelligence and other advanced information technologies. In this envir

The Chemours Company, a global chemistry company with leading market positions in Titanium Technologies, Thermal & Specialized Solutions, and Advanced Performance Materials, today announced the requisite European Commission and the People's Republic of China State Administration for Market Regulations regulatory approvals are now in place to launch operations at its joint venture with BWT FUMATECH Mobility GmbH (“BWT FUMATECH”), under the name of THE Mobility F.C. Membrane

Arkema, a leader in specialty materials, has partnered with Habitat for Humanity Philadelphia for a sponsorship at the Community Builder level. Through its three-year sponsorship, Arkema will provide a total of $330,000 in funding, donate its sustainable building products and offer its technical expertise, and contribute employee volunteers to help build homes in addition to other programs to support Philadelphians. Arkema’s contributions will help Habitat Philadelphia to increase homeo

Industry leading biopolymer film manufacturer Earthfirst® Films releases a line of soft touch, home compostable films. Strong side seals, which exceed the seal strength of traditional polyethylene-based materials, are an inherent film property. Film performance and tactile properties are ideal for e commerce mailing envelopes, high-end retail bags, air pillow protection, refrigerated gel packs, produce labels and any other application where home compostability or seal integrity are functi

Toray Industries, Inc., Mitsui Chemicals, Inc., and Kumagai Co., Ltd., announced today that they have jointly developed a revolutionary mono-material film packaging material and manufacturing process that are free of volatile organic compounds (VOCs; see note). Carbon dioxide emissions are 80% lower than from conventional counterparts with this new material, which is also recyclable. The lightness, transparency, and processing ease of these materials should make them popular choices

Uzbekistan’s Gas Chemical Complex MTO Central Asia LLC, an innovative leader in polymer production, has signed an industrial gas processing agreement with Air Products to build a methanol production facility. Known as Methanol Island, the facility would have a capacity of 1.34 million tons per year, as a part of the Methanol-to-olefin (MTO) gas chemical complex in Uzbekistan. The facility, to be built in the Karakul Free Economic Zone situated in Uzbekistan’s Bukhara reg

Bridgestone Americas in partnership with the Indianapolis Motor Speedway, Penske and Shell, is proud of the efforts made to make the 107th Running of the Indianapolis 500 on May 28, 2023 the most sustainable Indianapolis 500 in the history of the NTT INDYCAR SERIES. As the series’ exclusive tire supplier, Bridgestone has incorporated ISCC PLUS certified recycled butadiene1, a monomer produced from hard-to-recycle used plastic shopping bags, film, stretch wrap and other flexibl

China Petroleum & Chemical Corporation has signed a key terms agreement with KazMunayGaz, the national operator of the oil and gas industry of Kazakhstan, for developing a polyethylene project in the Atyrau Region on May 18 in Xi'an, China. The agreement, signed during Kazakh President Kassym-Jomart Tokayev's visit to China, marks that Sinopec will participate in and push forward the project as a cooperative partner. The polyethylene project will be the largest natural g

Cyclyx International, a consortium-based post-use plastic innovation company with a mission to increase the recyclability of plastic from 10% to 90%, has announced Newpark Resources, Inc., a leading provider of sustainable technologies and services primarily supporting energy and utility infrastructure markets, has joined the Cyclyx consortium. Newpark brings a well-established focus and commitment to creating more sustainable solutions for industrial markets and reducing the impact