Press Releases

The global polyvinyl butyral market size is poised to grow by USD 1.28 billion during 2020-2024, progressing at a CAGR of about 6% throughout the forecast period, according to the latest report by Technavio. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment. The report also provides the market impact and new opportunities created due to the COVID-19 pandemic. Download a Free Sample of REPORT with COVID

Sekisui Specialty Chemicals announced that it will increase the price of Selvol® Polyvinyl Alcohol, Selvol Ultiloc®, Selvol Ultalux® and Selvol Premiol® up to $150/mT globally. Sekisui Specialty Chemicals remains committed to meeting customers' needs with high quality products.   The increase will take effect November 1, 2020, or as contracts and agreements allow. Customers should contact their local Sekisui sales representative for more details. S

Celanese Corporation, a global chemical and specialty materials company, today announces it will increase prices by up to 10 percent on its engineered materials product portfolio globally. The price increase will be effective November 1, 2020, or as contracts otherwise allow, and is due to a significant demand increase for the Company’s specialty polymer products. Celanese is a leading supplier of engineered materials and the only supplier with global production faci

Poseidon Plastics  is pleased to announce that it has been awarded a £2.6 million grant from UK Research and Innovation (“UKRI”), the national science and research funding agency, as part of its Smart Sustainable Plastic Packaging (“SSPP”) challenge. Using its proprietary technology as a platform, Poseidon’s mission is to develop a PET plastic recycling infrastructure on an industrial scale. This grant will be used to commercialise Poseidon&r

Origins, a prestige global skincare brand that delivers high-performance formulas powered by nature and proven by science, and its parent company, The Estée Lauder Companies (ELC), announced a partnership with global chemical industry leader SABIC and strategic beauty packaging manufacturer Albéa to bring an advanced recycled tube package to market in 2021. Origins will be the first prestige beauty brand to leverage SABIC’s innovative, advanced recycling technolo

The "Polylactic Acid (PLA) Market - By Application (Packaging, Agriculture, Transport, Electronics, Textiles, and others) and By Region - Global Industry Perspective, Comprehensive Analysis, and Forecast, 2020 - 2026" report has been added to ResearchAndMarkets.com's offering. Global Polylactic Acid (PLA) market is slated to accrue revenue worth nearly 1.31 (USD Billion) by 2026 and record the CAGR of about 19.7% over the period from 2020 to 2026. The report

The "Synthetic and Bio Based Polypropylene Market - Global Industry Perspective, Comprehensive Analysis and Forecast 2020-2026" report has been added to ResearchAndMarkets.com's offering. Global demand for synthetic and bio-based polypropylene market was valued at approximately USD 32.1 Million in 2019, and is expected to generate revenue of around USD 53.2 Million by end of 2026, growing at a CAGR of around 7.5% between 2020 and 2026. Polypropylene is the th

ALPLA switched its PET Recycling Team plants in Wöllersdorf, Austria, and Radomsko, Poland, to a mix of electricity from renewable sources in order to produce carbon-neutral rPET (= recycled polyethylene terephthalate). ‘This step has already had a big impact on the carbon footprint of our food-grade regranulate – according to the calculations, emissions are cut by up to 90 per cent compared with virgin material. The feedback from the market regarding this further development

Ascend Performance Materials (Ascend Performance Materials) announced a global price increase for all its Vydyne ® polymers, fibers and compounds. The price increase will take effect on October 15, 2020, including the following price changes: Customers should contact their local sales representative for more information. About Ascend Functional Ma

Celanese Corporation, a global chemical and specialty materials company, today announced it completed the sale of its 45% equity investment in the Polyplastics joint venture to Daicel Corporation for $1.575 billion, as originally announced on July 20. Through this transaction, Celanese monetized a historically passive investment and expects to deploy the proceeds from this all-cash transaction into higher value-generating opportunities. These include the previously announced increas

Chevron Phillips Chemical (CPChem) today announced success in its first commercial scale production of polyethylene using advanced recycling technology. Advanced recycling, sometimes referred to as “chemical recycling,” converts plastic waste to valuable liquids that can become new petrochemicals. This approach complements traditional recycling by converting a range of materials, including many difficult-to-recycle plastics, into important building blocks for new chemica

Carbios, a company pioneering new bio-industrial solutions to reinvent the lifecycle of plastic and textile polymers, announced today the acquisition from Limagrain Ingredients of its entire stake in the capital of Carbiolice, a joint company created in 2016 around an enzymatic biodegradation technology licenced by Carbios. The acquisition of Limagrain Ingredients’ equity stake in the capital of Carbiolice by Carbios, which took place on October 8, 2020, is paid for a minority