Press Releases
18 March 2020
Huntsman Corporation announces its agreement to acquire CVC Thermoset Specialties, a North American specialty chemical manufacturer serving the industrial composites, adhesives and coatings markets.? CVC Thermoset Specialties is part of Emerald Performance Materials LLC which is majority owned by affiliates of American Securities LLC. CVC Thermoset Specialties has annual revenues of approximately $115 million with two manufacturing facilities located in Akron, Ohio, and Maple Shade,
Read more...17 March 2020
The report on the global plastic recycling market provides qualitative and quantitative analysis for the period from 2017 to 2025. The report predicts the global plastic recycling market to grow with a CAGR of 7.8% over the forecast period from 2019-2025. The study on plastic recycling market covers the analysis of the leading geographies such as North America, Europe, Asia-Pacific, and RoW for the period of 2017 to 2025. The report on plastic recycling market is a compreh
Read more...The "Polymer Additive Manufacturing Markets and Applications: 2020-2029" report has been added to ResearchAndMarkets.com's offering. This is the fourth annual market study on Polymer Additive Manufacturing Markets. The report looks at the global economic impact of polymer 3D printing including, for the first time, a deep analysis of the opportunities presented by revenues associated with 3D printed parts. Driven in the long term by massive opportunities in direct AM pr
Read more...Borealis has started to produce polypropylene (PP) based on Neste-produced renewable feedstock in its production facilities in Kallo and Beringen, Belgium. This marks the first time that Borealis has replaced fossil fuel-based feedstock in its large-scale commercial production of PP. The Belgian plants were recently awarded by the International Sustainability and Carbon Certification (ISCC) organization with ISCC Plus certification for its renewable PP. Taking its commitment to the next level
Read more...11 March 2020
INVISTA?s technology and licensing group, INVISTA Performance Technologies (IPT) and Hengli Petrochemical (Dalian) Co., Ltd (Hengli) announce that Hengli?s 4th PTA line has reached full rate. This PTA line of 2.5 million tonnes per annum capacity, located in Changxing Island, Dalian City, Liaoning Province, utilizes INVISTA?s P8 PTA technology with industry leading variable cost, capital productivity and environmental performance, came online on January 8th, 2020. This PTA line also
Read more...10 March 2020
Neste, the world?s leading provider of renewable diesel, renewable jet fuel, and an expert in delivering drop-in renewable chemical solutions, and Mirova, a pioneer impact investor in the natural capital space and an affiliate of Natixis Investment Managers, today announce a combined EUR 10 million investment into Recycling Technologies Ltd (?Recycling Technologies?), a specialist plastic recycling technology provider. The aim is to accelerate the development of chemical recycling and foster
Read more...Reportlinker.com announces the release of the report "Plastic Compounding Market Size, Share & Trends Analysis Report By Product, By Application And Segment Forecasts, 2020 - 2027" - https://www.reportlinker.com/p05785368/?utm_source=GNW The global plastic compounding market size is projected to reach USD 104.41 billion by 2027. It is anticipated to expand at a CAGR of 6.5% during the forecast period. Rapidly developing construction and automobile sectors are anticipated to drive th
Read more...LyondellBasell, one of the largest plastics, chemicals and refining companies in the world, today announced it has signed definitive agreements to expand in China through a 50:50 joint venture with the Liaoning Bora Enterprise Group (Bora). On September 5, 2019, LyondellBasell and Bora first signed a Memorandum of Understanding and announced their intention to form this joint venture during a ceremony in Panjin, China. "China is a large market with growing demand for high quality po
Read more...The Polyplastics Group is offering an improved polybutylene terephthalate (PBT) grade which provides improved tracking resistance for a range of high-voltage automotive components. DURANEX (R) PBT CG7030 is a 30% glass-filled grade which also delivers strong dimensional stability and highly stable electrical resistance, and dielectric breakdown properties. The automotive industry is undergoing drastic change with electrification gaining traction due to worldwide efforts to reduce th
Read more...ExxonMobile released a model framework for industry-wide methane regulations and urged stakeholders, policymakers and governments to develop comprehensive, enhanced rules to reduce emissions in all phases of production. ?ExxonMobil has been applying the principles of this framework to our oil and natural gas operations for several years, resulting in improvements that demonstrate what?s practicable and achievable,? said Darren Woods, chairman and chief executive officer of Exxon Mob
Read more...China is one of the largest export markets for the German plastics processing machinery industries. Therefore, the VDMA Plastics and Rubber Machinery Association has been keeping close eye on the latest developments related to the coronavirus outbreak. ? According to the German industry association, no member company maintains production facilities in the particularly affected Hubei region, and also no member has yet reported a coronavirus inflected case. The Managing Dire
Read more...29 February 2020
Silafrica, an award-winning manufacturer and supplier of packaging solutions, has joined other top Kenya-based manufacturers in endorsing the launch of the Kenya Plastics Action Plan, a global long-term initiative of the Kenya Association of Manufacturers (KAM). This private sector-led initiative and Action Plan aims to bring manufacturers together to embark on collaborative strategies toward a circular economy focused on the sustainable manufacture, use and recycling of plastics in
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