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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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EU Parliament approves new rules to reduce, reuse and recycle packaging
European Parliament voted by a large majority on Wednesday (24 April) to approve new rules to reduce packaging waste, partly by promoting the reuse and recycling of certain packaging types. The rules rubberstamped by the Parliament were negotiated and agreed with national governments in March 2024 and include targets to progressively reduce packaging (5% by...
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Wanhua Chemical Presents Green Innovative Solutions at CHINAPLAS 2024
On April 23rd, Wanhua Chemical, a global leading chemical company, presented a variety of sustainable and cutting-edge products on CHINAPLAS 2024 Media Day. Yong He, the general manager of Wanhua Advanced Material Solutions BU, Naibo Chu, the general manager of Wanhua Performance Polymers BU, Tianlong Zheng, the assistant general manager of Wanhua Petrochemical Sales Co.,...
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NYCOA launches sustainable plasticiser-free long-chain polyamides
Nylon Corporation of America, Inc. (NYCOA), a custom manufacturer of engineered nylon resins announced the launch of NXTamid L, a proprietary long-chain polyamide as a replacement for PA11 and PA12 in various applications. The company will highlight their new plasticiser-free and sustainable material at NPE 2024 May 6-10 at the Orange County Convention Center in...
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EV battery recycling plant from US-Polish JV
A new joint venture has been established in Poland to own and operate an electric vehicle (EV) battery recycling facility.
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BASF is expanding its lineup of biomass-balanced ingredients tailored for the detergent and cleaning industry as well as industrial formulators across Europe
BASF is expanding its biomass-balanced EcoBalanced product range, doubling up on its commitment as a trailblazer in championing environmentally conscious solutions for detergent and cleaning products manufacturers and industrial formulators. In collaboration with customers, BASF is continuing on a mission to expedite the transition from fossil raw materials to renewables.
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Propylene prices rise in parts of Asia
Last week, propylene prices inched higher in part of the Asian region while quoting stable in other parts of Asia.
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How Innovative Is China in the Chemicals Industry?
China is leading in chemical production, especially basic chemicals. And while it is currently lagging behind on innovation—especially in more complex fine chemicals—all signs suggest it will catch up with the global leaders within the next decade or two.
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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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How might polymer production overcapacity lead to an extended period of low material prices?
Mike Boswell aka @polymerman explains how polymer producers aim to maximise profit by minimising production costs. However, overproduction in a market with excess capacity may lead to lower prices and force less efficient producers to shut down.
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