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12 May 2024
Shanghai, May 10, 2024 – LyondellBasell (LYB), a global leader in chemical innovation, and Zhengxin Packaging Co. Ltd, renowned for its expertise in producing PE (polyethylene) heat shrink film, have announced a collaboration to advance heat shrink film technology that is used for beverage bottles and tetra pack packaging. The new high-performance packaging solution utilizes LYB CirculenRecover PE sourced from po....
08 May 2024
Budenheim May 2, 2024 BERICAP is investing in a new plant in Kunshan that reflects the latest standards and increases production capacity by 50% to help it more effectively cater to customer demand. This marks the next milestone for the leading global manufacturer of plastic and aluminium closures in its international growth strategy – enabling a local presence and ensuring short distances for both customer supp....
30 Apr 2024
30 April 2024 – Saudi Aramco, one of the world’s leading integrated energy and chemicals companies, has entered into discussions with China’s Hengli Group Co. regarding the potential acquisition of a 10% stake in Hengli Petrochemical, subject to due diligence and required regulatory clearances.
The companies signed a Memorandum of Understanding (MoU) regarding the proposed transaction, which aligns with....
30 Apr 2024
SHANGHAI and SEONGNAM, South Korea, April 29, 2024 – SK chemicals unveiled a new concept of a complete resource circulation system at ChinaPlas 2024, held at the Shanghai Hongqiao National Exhibition and Convention Center in China from the 24th to the 26th.
The new system encompasses its entire business, from materials and production infrastructure based on Circular Recycle™ technology, which chemically d....
25 Apr 2024
25 April 2024 – Recently, the world’s largest PTA project by single-unit production capacity was officially put into operation by Sinopec Yizheng Chemical Fiber Co in Jiangsu Province, China. The production capacity of 3 million tonnes/year will come from two new plants added on to two existing lines at Yizheng.
As a crucial intermediate and a key raw material for PET resin, which is widely used in the produ....
11 Apr 2024
11 April 2024 – Kuraray has decided to invest in a production plant for EVAL™ EVOH resin at its subsidiary in Singapore, Kuraray Asia Pacific Pte. Ltd. (100% owned by Kuraray Co., Ltd.).
Functional resin with highest level of gas barrier properties
EVAL™ EVOH resin developed and commercialized by Kuraray in 1972, is a functional resin with the highest level of gas barrier properties. It is widely used in....
