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Business
RadiciGroup expands in India by acquiring the Engineering Plastics business of Ester Industries Ltd.
The strategic importance of the Indian market is confirmed by the Group RadiciGroup’s objective: to continue its global growth.
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Expert: new quality productive forces in China bring new opportunities to world economy
China’s accelerated efforts to foster new quality productive forces demonstrate its huge potential for economic transformation and will bring new opportunities for the world economy, said Zhou Muzhi, a professor at Tokyo Keizai University, in a recent interview with China.org.cn.
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Mainland China smartphone market picks up in Q1 2024, Huawei soars to regain lead
The latest Canalys research shows the Mainland China smartphone market has finally seen a rebound after two years, with a Q1 2024 shipment of 67.7 million units. Significantly, Huawei returned to the top spot after 13 quarters, shipping 11.7 million smartphones and capturing a 17% market share, thanks to an enthusiastic market response to its...
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INVISTA to explore alternatives for nylon fibers business
INVISTA plans to explore strategic alternatives for its nylon fibers business and has engaged Barclays as exclusive financial advisor during the exploration process, the US-based manufacturer of chemical intermediates, polymers and fibers said in a statement late on Tuesday.
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Coca-Cola launches 500ml bottles made from 100% recycled plastic in Hong Kong as it cuts environmental footprint
The Coca-Cola Company has announced the launch of 500ml bottles made completely out of recycled plastic for its namesake fizzy drink in Hong Kong as part of a push to reduce its environmental footprint.
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How Hong Kong can rescue the struggling recycling industry and win its war on plastic waste
PET is the world’s most recycled plastic, with US and European recycling rates of 31 per cent and 52 per cent dwarfing Hong Kong‘s12.3 per cent for all kinds of plastics. A Hong Kong circular supply chain facility clocks only 30 per cent capacity utilisation due to weak policy support, poor infrastructure and consumer distrust,...
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Aloxe inaugurates its new recycled PET plastic manufacturing plant in Messein
Aloxe inaugurated its new recycled PET plastic manufacturing plant in Messein (Meurthe-et-Moselle), in the presence of Julien Le Goff, Deputy Prefect, Secretary-General of Meurthe-et-Moselle Prefectur, Dominique Potier, MP for Meurthe-et-Moselle, Philippe Bolo, MP for Maine-et-Loire and an expert in this field, Audrey Bardot, VP of Meurthe-et-Moselle Departmental Council, Filipe Pinho, Chairman of the Moselle-Madon Federation...
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SABIC and Sinopec Launch Joint Project in Tianjin
The Saudi Basic Industries Corporation (SABIC) and China’s Sinopec have announced the start of the commercial operation of their new polycarbonate plant, located within their equally-owned joint venture Sinopec-SABIC-Tianjin Petrochemical Co., Ltd.
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Braskem Expands Biopolymer Production By 30%
In June, Braskem concluded a 30 percent increase in the production capacity of its biobased ethylene plant, located in the Petrochemical Complex of Triunfo, Rio Grande do Sul, Brazil. The US$ 87 million investment aims to meet the growing global demand for sustainable products. The plant now operates at an increased capacity, from 200,000 to...
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Invista starts work on China polyamide project
Invista (Wichita, KS) has started construction of a 150,000-tonnes/year polyamide (PA) 66 plant at the Shanghai Chemical Industry Park (SCIP) in China. The company is also constructing a  hexamethylene diamine (HMD) monomer plant there. The polymer and monomer plants are expected to start up in 2015.
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