8This indicates an average compound annual growth rate (CAGR) of about 14% for Biobased polymers, significantly higher than the overall growth of polymers (3–4%).
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8The company has decided to establish a new facility to double the production capacity of its Gohsenx and Nichigo G-Polymer specialty brands of polyvinyl alcohol resin (PVOH resin). The facility is scheduled to start operation in October 2024.
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8The facility will produce about 29,000 tonnes of food-grade recycled PET (rPET) pellets from recycled PET flakes.
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8RePEaT will provide a technology that uses the organic compound DMT for the chemical decomposition, conversion and then re-polymerisation of polyester (PET). Zhejiang Jianxin will use the technology in a polyester-product recycling plant.
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8In order to produce cheaper batteries for a variety of new and existing electric vehicles (EVs), US automaker Ford Motor Co. plans to construct a US$3.5 billion factory in the US. China's CATL, a manufacturer of lithium-iron-phosphate batteries, will provide technology, some equipment, and a workforce for the project.
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8Japanese rubber futures edged up on Friday, buoyed by a lower yen, but were expected to fall for the third week in a row. As of 0210 GMT, the Osaka Exchange (OSE) rubber contract for July delivery was up 0.1 yen, or 0.1%, at 218.9 yen ($1.63) per kg, after touching a low of 217.6 yen earlier in the session.
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8The potential project aims to identify the optimum transformation for multiple solid waste streams to clean fuel or clean energy
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8The project will provide a significant boost to the domestic manufacturing of electronics in India. Discussions are currently ongoing with a few State Governments to finalize the location of the plant.
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8rPE launched by the new company is designed to support recycled content and decarbonization goals of converters and brands while setting new industry standards for driving the transition towards a circular economy for plastics
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8With the new facility, the company underlines its commitment to meeting the substantially growing demand for its microcrystalline cellulose.
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8As energy prices skyrocketed in reaction to the Ukrainian conflict, UK industrial acid output has dropped by as much as 70-80 per cent. Manufacturing at Tata Steel's Port Talbot plant in the United Kingdom is being hampered by a scarcity of locally manufactured hydrochloric acid, which is needed in the pickling and annealing processes.
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8The company forecasts sales to rise by 1-3 per cent in the first quarter of 2023 compared to the previous year, bringing total sales to between 1.43 million and 1.46 million short tonnes (st) of metal products.
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8India’s largest producer of iron ore, NMDC receives five awards at the Governance Now 9th PSU Awards, which recognize and celebrate PSU's dedication to enhancing public sector standards in order to create socioeconomic value for the country.
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8Find out more about the details of the conference.
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On February 20, 2023, sodium tripolyphosphate industrial-grade prices were pushed higher in the Delhi market.
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8Get the latest steel company filings here in order to stay up to date with what is happening.
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An elevated trend is noticed in dicalcium phosphate feed grade 17% powder prices.
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8The performance of the company has been impacted due to China’s prolonged Zero-COVID policy.
But there has been a dumping of goods by Chinese polyester filament manufacturers, and this has affected realizations and margins during last quarter.
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On February 20, 2023, Petrochem sources reported a fall in phosphoric acid 85% tc prices in the Mumbai market.
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22% nickel sulphate prices firmed up in Ahmedabad on expectations that regional products remained limited and buying sentiment improved.
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Nickel scrap 99.99% prices firmed up in Mumbai in anticipation of tight regional product availability and improved buying sentiments.
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8The transaction, which was first announced on 09 August 2022, is expected to close on 28 February 2023.
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8Neste, Uponor, Wastewise, and Borealis have successfully constructed pipes composed of cross-linked polyethylene (PEX) based on feedstock obtained from chemically recovered post-industrial waste plastic from PEX pipe production, utilizing an ISCC PLUS-approved mass-balancing technique. The collaborating firms think that this initiative is one of the first to conduct chemical recycling of PEX.
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8The capacity has more than doubled. The site can now produce the equivalent of 6,000 metric tons of blended final probiotic product per year.
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8Topsoe’s hydrogen technology will enable ExxonMobil to produce hydrogen at a mega-scale as well as capture and store more than 98% of its associated CO2 emissions, or around 7 million metric tonnes
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