On December 9, Specialized Plastic World learned that GreenDot has recently acquired an 80% stake in the Italian company Forplast, with the specific amount undisclosed. Forplast is a specialized company in recycled high-density polyethylene and polyp

Large timber structures are reshaping the way we build. As the construction industry seeks more environmentally friendly solutions, cross-laminated timber (CLT) has emerged as a sustainable and cost-effective material. In each pi

According to Nikkei News, despite the continued weakness of the yen, Japanese automakers such as Honda and Suzuki are building a cost-competitive production model in India by leveraging low labor costs. By 2025, Japanese cars produced overseas will b

Renolit, a global supplier of plastic films, sheets, and other polymer products, recently announced the spin-off of its healthcare business unit. The group stated that Renolit Healthcare will be established as an independent company in two phases sta

The factory covers an area of 107,600 square feet and is located in the Evolution Free Zone industrial park in Costa Rica, adjacent to the country’s main highway and international airport. Image source: TRELLEBORG MEDICAL SOLUTIONS. Trelleborg Medic

The apparel industry needs collaboration, innovation, and creativity to transition to low carbon. Upholding this philosophy, SENSIL® by NILIT has partnered with ROICA™ by Asahi Kasei to introduce a new fabric concept with a smaller environmental foot

Junkosha, the pioneer in advanced fluoropolymer technology, is launching a new hybrid tubing solution for endoscopic guiding instruments at COMPAMED in Düsseldorf, Germany, in 2025. This solution is specifically designed to meet the growing demand fo

In November, Swiss construction chemicals giant Sika officially announced the acquisition of Gulf Seal (Awazil Al Khaleej Industrial Co.), a leading manufacturer of asphalt waterproofing membranes in Saudi Arabia. This deal i

On December 2, Specialized Plastics World learned that Asahi Kasei announced yesterday that its wholly-owned subsidiary Asahi Kasei Advance has reached a merger agreement by absorption with Teijin's wholly-owned subsidiary Teijin Frontier. According

Recently, Hong Jie, Chairman and President of SKSHU Paint Co., Ltd., led a team to conduct an in-depth study of Saudi Arabia and the UAE, two core markets in the Middle East. By using high-level strategic guidance as an engine, they aim to accurately

Under the impetus of the wave of globalization The offshore wind has reached the building materials and infrastructure industry. Many companies are building factories overseas. How is the progress? Let's take a look below.   Oriental Yuho

Solvay Group announced in a statement on November 24 that it will launch a multi-year investment plan at its production facility in Santo André, Brazil. Between 2025 and 2028, the total investment for this plan will reach 100 million Brazilian Reais

The Artisan Partners Global Value Team issued a statement on Wednesday strongly opposing the proposed all-stock merger between Axalta Coating Systems Ltd. (NYSE: AXTA) and Akzo Nobel NV. According to InvestingPro data, Axalta is currently trading at

Cost Reduction Plan: The annual cost-saving target is set at over 300 million euros.- Plans to lay off more than 1,500 people globallyThe project team is developing measures to achieve the goals. - Implemented in the first quarter of 2026 and complet

According to Korean media reports, South Korea's two major petrochemical companies, Lotte Chemical and HD Hyundai Chemical, jointly announced on the 26th that they have submitted an application to the South Korean government for approval to review th

On November 26, 2024, local time, CATL and Stellantis Group officially broke ground on their joint venture battery factory in Spain. This €4.1 billion investment is not only the largest-scale investment by a Chinese enterprise in Spain but is also re

Teijin Limited has introduced a solvent-based recycling technology capable of producing high-quality recycled polycarbonate (PC) resin with performance comparable to that of virgin resin. This Japanese company stated that its technology separates pu

On November 26, 2025, Ube Maruzen Polyethylene Co., Ltd., a joint venture established by UBE Corporation and Maruzen Petrochemical Co., Ltd., announced that since obtaining ISCC PLUS certification in December 2023 for ethylene-vinyl acetate copolymer

On November 20, South Korean petrochemical giant SK Geocentric (SKGC) announced a major strategic transformation: using ethane to partially replace naphtha as a production feedstock at its naphtha cracking center. This move aims to significantly redu

On November 20, 2025, BASF announced a price increase of $200 per ton for its MDI series products in the South Asia region. Meanwhile, due to factors such as plant maintenance and import shortages, domestic pure MDI market prices rose in