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Supply Chain
Ascend commences orderly wind down of HMD production facility in Lianyungang
Ascend Performance Materials, a leading producer of high-performance and durable engineered materials for everyday essentials and new technologies, announced today its decision to initiate a wind down of operations at its hexamethylene diamine production facility in Lianyungang, China. This decision follows a comprehensive evaluation of the facility’s long-term viability amid evolving market dynamics and regulatory...
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How ASEAN nations are shaping the future of the global plastics industry
Southeast Asia is emerging as a key player in the global plastics value chain. From booming EV and medical tech markets to breakthroughs in bioplastics and recycling, ASEAN countries are positioning themselves as innovation hubs for sustainable and resilient supply chains.
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What are the impacts of the Red Sea shipping crisis?
The Red Sea shipping crisis — a result of Houthi rebel attacks on cargo ships and tankers — is causing hundreds of vessels to avoid the Suez Canal, one of the world’s most important waterways. Instead, these vessels are being forced to reroute around southern Africa — a lengthy detour that adds 4,000 miles to...
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