PRA Dec Issue
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ON THE COVER:
As we round up 2023, it can be seen that Sustainability has been a major influencer in both the plastics and rubber sectors. 2024 holds promise of further technological developments to push the environmental theme across
Feature Latest Headlines
- » DOE funding: ExxonMobil’s Baytown olefins plant to receive up to US$332 mn; Eastman’s Texas project to receive US$375 mn New
- » Recycling: Sabic/Pashupati Group to target recycling in India; Dow/Procter & Gamble to develop dissolution-based recycling tech for PE New
- » Green materials: Eastman achieves on-spec output at US molecular recycling facility; Next Wave starts operations at ethylene-to-alkylate facility
- » Green news: Gazprom Neft opens plastics recycling plant in Russia; Sulzer to provide PLA tech to India’s Balrampur Chini Mills
- » New IMO guidance ensures safe shipping of plastic pellets
- » Guangzhou Industrial Technology and Asiamold Select: Guangzhou 2024 draws to a close, makes lasting industry impressions
- » Plants: LyondellBasell techs selected for Inner Mongolia complex in China; Trinseo to exit PC business and close plant in Germany
- » Green tie-ups: Syensqo/Tomra to advance sorting of multilayer PVDC packaging waste; LG Chem/Korea Zinc tie up to explore US recycling market
- » Financing: Glencore injects US$75 mn in battery recycler Li-Cycle; EIB commits EUR500 mn loan to back R&D at Evonik
- » Finance: Trinseo to sell interest in Americas Styrenics; Vianode awarded EUR30 mn grant to advance Europe’s battery industry
- » Chinaplas 2024: Harnessing unveiled innovative technologies and solutions
- » M&As: Kodiak expands footprint in specialty chemicals; Elkem exits battery materials company Vianode
- » Plants: Mitsubishi Gas Chemical to halt production of OX and PA; selling stake in plasticiser firm
- » Recycling: Exolon Group/Pekutherm tie-up recycling for thermoplastics; Zeon constructs COP recycling plant in Japan
- » Expansions: Sulzer opens tech centre in Singapore; DIC opens coating resins lab in India
- » Plants: Balrampur Chini pumps US$240 mn in PLA plant in India; Orbia halts PVC plant plans due to lower sales
- » Expansions: AkzoNobel completes coatings expansion in Vietnam; India’s Chemplast Sanmar commissions PVC paste plant in Chennai
- » M&As: Perstorp buys out minority partner at Chinese polyol site; Adnoc closes acquisition of stake in OMV
- » Optimising ergonomics, safety in handle, grip and anti-slip mat designs
- » Strategies: Indorama looks at asset rationalisation, divestures; Evonik to cut 2,000 jobs, not upbeat on 2024 economic recovery
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» M&As: Evonik sells superabsorbents business to ICIG; Sumitomo Chemical sells equity in Sumika Color to Nippon Pigment
Company News
BASF to exit Chinese BDO jvs; cites oversupply and human rights allegations
German chemical firm BASF has started the process to divest its shares in the two joint venture companies BASF Markor Chemical... Read More»
Financing: DuPont Teijin Films rebrands as Mylar Specialty Films; Dow completes US$1 bn green bond offering
Mylar Specialty Films, which produces differentiated polyester films, has unveiled its global rebranding initiative highlighted by... Read More»
Material News
Notable achievement for portable speakers with TPEs
The portable speaker market has become competitive among manufacturers as consumers demand cutting-edge, functional audio devices with seamless, eye-catching design. To meet this demand, designers and manufacturers in the audio industry are working feverishly to.... Read More»
Green news: Covestro opens pilot plant for biobased aniline; Corsair to supply pyrolysis oil to Shell Singapore
German materials firm Covestro says it is moving forward with the implementation of a unique process for producing the chemical aniline entirely based on plant biomass instead of petroleum for the first time.... Read More»
Machinery News
Chinaplas 2024: Shaping the future of the plastics & rubber industries
The year 2023 marked a turning point for China as doors reopened, revealing a multitude of opportunities and pathways. Under the resumption of normalcy, the economy grew at a rate of 5.2% in 2023... Read More»
Davis Standard completes extrusion acquisition; including Battenfeld-Cincinnati
US-based extrusion and converting machinery supplier Davis-Standard says it has completed the previously announced acquisition of Extrusion Technology Group (ETG), which was controlled by the... Read More»
Epsilon Carbon to set up EUR1 bn carbon complex in Odisha
Indian firm Epsilon Carbon says its Integrated Carbon Complex (ICC) project will have a manufacturing capacity of 8 million tonnes/year for various carbon... Read More»
Hasco marks 100 years in mouldmaking; advances digitalisation, mould solutions
Hasco, a German manufacturer specialising in modular mould units and individually designed hot runner systems... Read More»
Vattenfall to supply Evonik with green electricity in Germany
Energy supplier Vattenfall and Gernam specialty chemicals company Evonik have concluded new long-term electricity supply contracts... Read More»