Press Releases

Planned to be fully operational in 2024, the 100MW PV solar plant will help SABIC reach its 2025 clean energy targets.   SABIC’s polycarbonate facility in Cartagena, Spain, is set to become the world’s first large-scale chemical production site to be run entirely on renewable power, following the signing of a major agreement. The deal will see Iberdrola, one of the world’s biggest electricity utility companies, invest almost €70m to construct a

Celanese Corporation, a global chemical and specialty materials company, announced that it is establishing a European Compounding Center of Excellence at the Company’s Forli, Italy facility, which includes the intended consolidation of its compounding operations in Kaiserslautern, Germany; Wehr, Germany; and Ferrara Marconi, Italy. Creating a European Compounding Center of Excellence aligns with Celanese’s global compounding model already in place in the Americas and Asi

Arkema, a leader in high-performance materials for composites and photocurable liquid resins for additive manufacturing, is strengthening its partnership with Continuous Composites, creator of Continuous Fiber 3D Printing technology (CF3D®). Arkema has invested in the American start-up to rapidly advance the development of 3D composite manufacturing, a groundbreaking innovation for strong, lightweight structures. Continuous Composites is a pioneering technology company that has

The global Bio-Based Polyurethane Market is forecast to reach USD 96.1 million by 2027, according to a new report by Reports and Data. Increasing inclination for bioplastics due to ecological concerns is expected to drive worldwide bio-PU market revenue growth throughout the following years. The growing interest in economical items from construction, automotive, and footwear ventures is likewise expected to impact industry development. Adaptable foams were the most significant produ

Funds advised by SK Capital Partners, LP, a private investment firm focused on the specialty materials, chemicals and pharmaceuticals sectors, announced it has signed a definitive agreement to acquire the specialty polymers business from Baker Hughes. The specialty polymers business, with manufacturing operations in Barnsdall, Oklahoma, produces specialty low molecular weight olefin polymers, including a range of differentiated functional polymers and premium, high melting point pol

The "Conductive Polymer Market 2020-2026" report has been added to ResearchAndMarkets.com's offering. The global conductive polymer market is anticipated to grow significantly during the forecast period. Conductive polymerase used widely as semiconductors due to its metallic conductivity property. The major factor contributing to the growth of the conductive polymer market include a significant rise in the adoption of polymer across several end-user industries.

Celanese Corporation , a global chemical and specialty materials company, announced it has reached a definitive agreement to sell its 45 percent equity investment in the Polyplastics joint venture to Daicel Corporation for $1.575 billion. Following the completion of the transaction, Daicel will own 100 percent of Polyplastics. “Celanese has been investing in and rapidly growing our base business in Engineered Materials globally over the last 10 years,” said Lori Ryerkerk

Reportlinker.com announces the release of the report "Plastic Bottles Market - Growth, Trends, and Forecasts (2020 - 2025)" - https://www.reportlinker.com/p05903687/?utm_source=GNW 49% from 2020 to 2025. Plastic packaging is becoming popular among consumers over other products as a plastic package is light in weight and is easier to handle. Similarly, even the major manufacturers prefer to use plastic packaging solutions, owing to their lower cost of production. - M

COVID-19 has led to suspension of state and local bans of single-use plastic items, including film-intensive products like retail bags. Despite the ongoing shift away from plastic single-use items due to their negative environmental profile, the pandemic has altered perceptions of plastic bags, which are considered safer and more hygienic than reusable types. In fact, in some parts of the US, reusable bag use has been banned in grocery stores due to concerns about the spread of coronavirus.

LyondellBasell, the world’s largest licensor of polyolefin technologies, announced that Quanzhou Grand Pacific Chemical Co. Ltd., a fully owned Chinese subsidiary of Grand Pacific Petrochemical Corporation (GPPC) of Taiwan, will use the LyondellBasell Spheripol technology for a new facility.  The process technology will be used for a 450 KTA polypropylene plant to be built in Quanzhou, P.R. China. “The Spheripol process is the most widely used polypropylen

The Alliance to End Plastic Waste (The Alliance) announced a strategic partnership with UN-Habitat to implement solutions for a circular economy, creating business and livelihood opportunities while improving resource recovery. The new partnership, which will start with projects in six target cities in East Africa and South Asia, will use UN-Habitat's Waste Wise Cities (WWC) tool to map waste streams, as well as to assess potential losses of plastic from waste management systems

Westfall Technik is announcing a new partnership with Polycarbin—a software enabled biomedical plastic recycling company that has developed a method for diverting single-use scientific plastics from landfills, incinerators and recycling it back into the hands of scientists and clinicians as circular economy products. Westfall Technik recognizes a partnership with Polycarbin as a unique opportunity to revolutionize the biomedical plastic life cycle and create the first circular economy i