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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....
10 Apr 2024
Vision is to recover polyethylene from hard-to-recycle waste for reuse in consumer packaging.
Partnership brings together both companies’ intellectual property to create a novel process with low greenhouse gas emissions footprint.
10 April, 2024 – Dow and Procter and Gamble (P&G) company has announced a joint development agreement (JDA) to create a new recycling technology. The vision is to enable effic....
10 Apr 2024
10 April 2024 – Neste and South Korean chemical company Lotte Chemical are teaming up to make chemicals and plastics more sustainable. The companies embark on a strategic collaboration to replace fossil resources with renewable raw materials in the manufacturing of chemicals and plastics. This will enable products and applications with a lower carbon footprint compared to those produced from fossil resources.
T....
