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Company News
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Sanctions relief strengthens outlook for Iran’s NPC
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NPC Iran, the large, state-owned petrochemical conglomerate of Iran, is positioned for strong market growth and expanded exports, thanks, in part, to easing sanctions and an abundant supply of flexible feedstocks, says new analysis from IHS Markit. According to the IHS Markit report entitled the IHS Chemical NPC Iran Competitive Company Analysis, NPC Iran...
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Materials News
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Biomaterials: AkzoNobel to cooperate with Itaconix; Avalon to research 5-HMF for formaldehyde substitute
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Belgian firm AkzoNobel has signed a framework joint development agreement with speciality chemicals company Itaconix to explore opportunities for the production of biobased polymers. With this agreement, AkzoNobel will pursue the development and commercialisation of biobased polymers...
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Machinery News
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Erema’s ReFresher for nicer smelling PCR material
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With the presentation of ReFresher at the K2016 trade fair last year, Austrian recycling equipment maker Erema says it achieved a breakthrough in the post-consumer sector with its odourless recyclate that opens up a multitude of new sales markets for recyclers and producers. Erema now says its customers will have access to a mobile ReFresher for test...
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PRA January-February 2017
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ON THE COVER:
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Vehicles may become smarter, flashier or more
autonomous over the next few years, but light weight and
fuel efficiency features will always remain in style
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Synthetic rubber: down but not out
Mired by the current tight supply and high prices, brought on by an increase in oil prices , the synthetic rubber sector is facing challenging times; but it still has a lucrative future with companies shoring up capacities and tying up resources to build up the market further, according to Angelica Buan in this report. The call from the Organisation of the Petroleum Exporting Countries (OPEC) to reduce oil output to 1.2 barrels per day (BPD) for six months starting January 2017 resulted in a rise in crude oil prices, according to...
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Mitsui/SKC jv PU solutions house in India for auto market
Mitsui Chemicals & SKC Polyurethanes (MCNS), a 50:50 joint venture of Japanese firm Mitsui Chemicals and South Korean firm SKC Co, is setting up a polyurethane (PU) system’s house in Andhra Pradesh in Southern India to meet an anticipated increase in PU demand. The systems house will serve as a manufacturing and sales base that provides services such as the adjustment of PU foam material formulations including those derived from polyol, to cater to individual...
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