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Trade News
BASF Launches Haptex® 4.0: The Future of Sustainable Synthetic Leather
BASF introduces a significant leap in sustainable synthetic leather with Haptex® 4.0. This next-generation Polyurethane solution enables the creation of 100% recyclable synthetic leather. Through a novel formulation and recycling process, Haptex® 4.0 eliminates the need for separating layers, allowing for the co-recycling of the material alongside Polyethylene Terephthalate (PET) fabric. This breakthrough simplifies the...
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Liquefaction of mixed plastic into fuels: A review of operating parameters affecting liquefaction efficiency
Thermochemical conversion, notably through liquefaction, emerges as an alternative solution for repurposing plastic waste into valuable fuels and chemicals, minimizing the plastic accumulation problem. The selective utilisation of liquefaction techniques to narrow product distributions and enable commercially viable plastic waste conversion remains challenging. Therefore, further detailed and optimized studies on mixed plastic liquefaction are essential...
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German chemicals association: Industry past its rock bottom, but export-driven model might be over
Germany’s chemical industry has overcome its low point, but the previous model of exporting basic chemicals has ended, the sector’s umbrella association VCI said on Monday (8 July). The group, representing industrial giants such as BASF, Bayer and Fresenius, expects chemical and pharma industry production to climb 3,5% this year and sales to gain 1.5%....
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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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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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SOHAR Port and Freezone Signs Land Lease Agreement with MAK Sohar Chemical Industries
SOHAR Port and Freezone has signed a land lease agreement with MAK Sohar Chemical Industries (FZC) LLC for two projects covering 5.8 hectares of land representing a substantial USD 11 million investment in SOHAR Freezone.
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Lyondell Basell planning to build a plastic recycling hub near Cologne
The chemical company Lyondell-Basell (LYB) has announced plans to build an integrated recycling and reprocessing hub for plastic waste in an industrial park in Knapsack near Cologne, Germany. In early May, the firm said that the project would be developed in phases. The initial phase would involve the installation of a sorting facility for mixed...
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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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Wanhua Chemical to Showcase Innovative Solutions at NPE2024
Wanhua Chemical is set to make waves at NPE2024 in Orlando, Florida, from May 6th to 10th. With an array of cutting-edge plastic-related products, the company aims to showcase innovative applications and green solutions across diverse sectors including automotive, healthcare, optical, footwear, and household goods.
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