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Aliphatic Hydrocarbon Market Size and Growth
The global aliphatic hydrocarbon market size was estimated at around USD 3.98 billion in 2023 and it is projected to hit around USD 6.38 billion by 2033, growing at a CAGR of 4.83% from 2024 to 2033. The aliphatic hydrocarbon market encompasses a wide range of chemicals primarily used in industrial and commercial applications. Aliphatic...
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Plastic Market Insights
Global Plastic Market size was valued at USD 599 billion in 2022 and is poised to grow from USD 624.16 billion in 2023 to USD 867.43 billion by 2031, growing at a CAGR of 4.2% during the forecast period (2024-2031).
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Govt Plans to Make Manufacturers Set Targets for Recycled Plastic Use; Overseas Market Loss Possible Without Recycled Plastic
Manufacturers that use large amounts of plastic will be required under a planned revised law to set targets for recycled plastic usage and to report the actual amount used, it has been learned.
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Teijin Adds New Production Line for Polycarbonate Resin Panlite® Sheet and Film Used in Automotive and E/E Applications
Teijin Limited announced today that a new, additional production line for its polycarbonate resin Panlite® sheet and film, located at its Matsuyama plant in Ehime Prefecture, will begin operation on June 17. The company invested in this new line to meet growing demand for high-quality automotive interior parts and in-vehicle electronic components, such as displays and touch screens.
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Automotive Plastics Market Is Booming So Rapidly | Major Giants BASF, Adient, Owens Corning
Latest Study on Industrial Growth of Automotive Plastics Market 2024-2030. The report contains different market predictions related to revenue size, production, CAGR, Consumption, gross margin, price, and other substantial factors. While emphasizing the key driving and restraining forces for this market, the report also offers a complete study of the future trends and developments of...
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Japan’s Mitsui building ammonia plant in UAE, to start production in 2027
Mitsui & Co. has begun building an ammonia plant in the United Arab Emirates (UAE) with partners including an Abu Dhabi National Oil Company (ADNOC) unit, it said on Tuesday. The Japanese trading house is increasing its efforts to build global supply chains of greener fuels such as hydrogen (H2) and ammonia to help tackle climate change. Mitsui’s...
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Dow advances its mechanical recycling offering by agreeing to acquire Circulus, a North American polyethylene recycler
Dow announced it has signed an agreement to acquire Circulus, a leading recycler of plastic waste into post-consumer resin (PCR). This transaction includes two facilities, one in Ardmore, Oklahoma, and another in Arab, Alabama, with a total capacity of 50,000 metric tons per year. Dow expects the transaction to close in the third quarter of...
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JGC introduces 3D printer technology in Zuluf Oil Processing Facilities in Saudi Arabia
JGC Group announces that it will introduce verified 3D printing technology in the Zuluf AH Oil Increment Central Processing Facilities in Saudi Arabia, where construction is underway. As one of the world’s largest integrated energy and chemicals companies, Aramco’s goal is to support energy security and affordability, and promotes sustainable practices in all its operations...
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US-China Trade Tensions: China Investigates Anti-Dumping of POM Plastics from the EU and US
In less than a week following the announcements by the EU and the US to intensify trade remedy investigations on Chinese products or those originating from China, on May 19, 2024, China announced an anti-dumping investigation on imported POM plastics from the European Union (EU), the US, Japan, and Taiwan.
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BASF Inaugurates Second Polymer Dispersions Plant at Daya Bay, China
BASF celebrates the inauguration of its second polymer dispersions production line at the Daya Bay site in Huizhou, China. This expansion directly responds to the rapidly growing local demand for high-quality dispersions, reaffirming BASF’s commitment to serving its valued regional customers.
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