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Chemicals Industry
Innovative high-performance materials from Kuraray support the mobility transition
Kuraray, the global specialty chemicals company headquartered in Japan, markets innovative and sustainable high-performance materials for demanding applications in the automotive industry. Kuraray therefore helps OEMs and suppliers actively shape the transition to emissions-free mobility, circularity and regulatory compliance.
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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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AGY Launches New Lightweight Single-End S2 Glass® Roving to Deliver Breakthrough Performance
AGY, a leading producer of high-performance glass fiber reinforcements, is proud to announce the development and commercial launch of its new single-end lightweight S2 Glass® roving, engineered to deliver exceptional strength, stiffness, and impact resistance for advanced composite applications.
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Syensqo introduces its Ryton polyphenylene sulfide (PPS) coating grade
Syensqo has unveiled its new Ryton polyphenylene sulfide (PPS) coating grade, which aims to easily and effectively provide strong coat performance at lower builds. The new coating grade aims to provide better deposition per pass, reducing the time and resources needed for coating while maintaining high throughput.
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Dow to cut 1,500 jobs in line with US$1 bn cost savings
US materials firm Dow Inc has announced targeted actions to deliver US$1 billion in cost savings. These actions will further reduce the company's costs in response to ongoing macroeconomic uncertainty, while reinforcing its long-term competitiveness across the economic cycle, it adds.
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LANXESS inaugurates India Application Development Center
Specialty chemicals company LANXESS inaugurated its India Application Development Center (IADC) in Thane, Mumbai, strengthening its innovation and customer service capabilities.
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European polystyrene drops at lowest value since 2021
European Polystyrene contracts dropped to their lowest value since February 2021 in October, amid easing feedstock costs. Polystyrene, a polymer of styrene monomer, is an essential plastic chemical used for food packaging, insulation panels in buildings, and for packaging goods.
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Sabic and Fujian government sign potential investment agreement to build engineering thermoplastics compounding plant – under the auspices of the Saudi Ministry of Energy
SABIC, a global leader in diversified chemicals, signed a potential investment agreement with the Fujian government on August 1, under the auspices of the Saudi Ministry of Energy, to build an engineering thermoplastics compounding plant in China's Fujian Province.
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Plastics Market Insights and Forecast Till 2032: Trends, Growth Drivers, and Strategic Analysis
Plastics are versatile materials widely used across various industries due to their durability, flexibility, and cost-effectiveness. They are essential in applications ranging from packaging and construction to automotive and healthcare. The plastics market is driven by ongoing innovations in polymer technologies and increasing demand from emerging economies.
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