Press Releases

Celanese Corporation, a global chemical and specialty materials company, announced that its subsidiary, Celanese (Nanjing) Chemical Co. Ltd., has recently extended its long-term contract with Nanjing Chengzhi Clean Energy Co., Ltd for the supply of carbon monoxide to its chemical facility in the Nanjing Chemical Industrial Park, Nanjing City, in eastern China (Jiangsu Province). Financial details of the contract were not disclosed. Carbon monoxide is a key feedstock in the productio

LyondellBasell, the world’s largest licensor of polyolefin technologies, announced that Indian Oil Corporation Ltd. (IOCL) 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 Panipat, Haryana State, India. “We are excited about this additional award for our Spheripol technology at the Panipat site,” said Jim Seward, Senior Vice President, R&D, Technol

Revere Plastics Systems, LLC, a leading manufacturer of highly-engineered plastic injection molded parts and assemblies, has acquired the Auburn, Alabama and Ankeny, Iowa facilities of Techniplas, LLC. The acquisition grows Revere's manufacturing footprint from five to seven locations throughout North America. Revere purchased the assets through the Techniplas 363 bankruptcy sale process. The acquired facilities focus on plastic injection molding including gas assist and two-sho

Dow, Inc. announced it is developing a new family of post-consumer recycled (PCR) resins to ultimately be offered throughout the globe. The recycled plastic resins are designed to harness the resources of used flexible and rigid plastic packaging to create new packaging materials while keeping waste out of the environment. The offering underscores Dow’s comprehensive strategy to develop a circular economy for plastics by focusing on integrating recycled content into product offerings.

Reportlinker.com announces the release of the report "Global Polyhydroxyalkanoate (PHA) Market Analysis & Trends - Industry Forecast to 2028" - https://www.reportlinker.com/p05067676/?utm_source=GNW Based on product type the market is categorized into PHA Terpolymers, PHA Monomers, and PHA Co-Polymers. Furthermore, PHA Terpolymers is divided into P (3hb-Co-3hv-Co-4hb) and Other PHA Terpolymers. PHA Monomers is separated into polyhydroxyvalerate, polyhydroxybutyrate, an

The $4 million addition, which broke ground last year, increases the warehouse capacity by more than 60% with an added 80,000 square feet to accommodate additional storage for more than 9 million pounds of material, giving a total capacity of 206,000 square feet. The updated facility improves processing throughput and efficiencies and includes five additional loading docks as well as a new blender, equipment upgrades, and expanded repacking capacity to enhance value-added services such as cus

Celanese Corporation, a global chemical and specialty materials company, will increase list and off-list selling prices for vinyl acetate monomer. The price increases below are for orders shipped and will be effective as of July 1, 2020, or as contracts otherwise allow, and are incremental to any previously announced increases. Product China (RMB/MT

Technavio has been monitoring the recycled plastics market and it is poised to grow by USD 14.74 billion during 2020-2024, progressing at a CAGR of almost 7% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment. Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Request for Technavio's latest rep

Ascend Performance Materials, the largest fully integrated manufacturer of polyamide 66 resin, signed an agreement to purchase the assets from NCM (Changshu) Co., Ltd. and Tehe Engineering Plastic (Suzhou) Co., Ltd. known, located in Changshu Yushan High-tech Industrial Park (known as "The Park"), one of the most important advanced manufacturing parks in the east coast of China, 100 kilometers outside of Shanghai. The takeover gives Ascend a flexible basis for growth in th

Agilyx Corporation, the leader in chemical recycling of post-use plastics back into polymers, chemicals and low carbon fuels, today announced a collaboration with Dolco Packaging ("Dolco"), a leading manufacturer of polystyrene foam egg cartons and a Tekni-Plex business, to pilot a polystyrene plastic collection program. Polystyrene foam will be aggregated at Dolco's Wenatchee, Washington, facility and recycled back to new material using Agilyx's technology in collaboration

The "CIREC Monthly News: Russian & East European Chemical Markets" newsletter has been added to ResearchAndMarkets.com's offering. CIREC Monthly News provides market analysis of the chemical and petrochemical sectors in East Europe, Russia and the CIS. The information is collated from a combination of empirical and anecdotal sources for a report that has been running since the start of 1991. The report is published 12 times a year and is backed

Amcor has joined the World Wildlife Fund-led activation hub, ReSource: Plastic, a global consortium of companies and organizations collaborating to keep waste out of the environment. Launched last year, ReSource aims to help accelerate large-scale plastic commitments by organizations. By 2030, Resource has a target to prevent at least 50 million metric tons of plastic waste from entering nature. ReSource welcomed Amcor to the organization alongside Colgate-Palmolive and Kimberly-Cla