Braskem and Lallemand have launched a biobased acetone production platform for the corn ethanol industry, providing a direct substitute for fossil-based acetone used in the plastics sector. After five years of collaboration, the two parties developed

Key Points Volkswagen and its supplier Magna selected PLEXIGLAS® Piano Black PMMA material for the rear spoiler, side panels, and pillar trim of the ID. Buzz model. The painting process accounts for about 40% of the energy consumption in complete ve

Dover Group acquired Cloeren, a leader in the field of extrusion die heads and distributors, in order to enhance MAAG's polymer processing performance. This strategic acquisition brings the manufacturing technologies for high-performance die heads an

The first core module of the large-scale Antwerp project, in which INEOS is investing 5 billion euros, has arrived today, having been stranded in the Strait of Hormuz for several months prior. Two modules will complete the construction of the Proje

The two major petrochemical holding companies under INEOS Group reported a significant surge in second-quarter earnings. INEOS said that the conflict in the Middle East altered the regional supply-demand balance, product prices, and profit margins,

Lantian Group will close its adipic acid production plant in Italy. The relevant production line has fallen into losses, partly due to intense competition from the Asian market. Approximately 140 jobs at the Novara plant are at risk of being cut. Rad

Dow reported earnings on July 23, with adjusted earnings per share of $1.44, compared with a loss of $0.42 per share in the same period last year. The results were well above the analyst consensus estimate of $1.28 compiled by S&P Capital IQ. Dow

Two industry organizations said when releasing the latest industry data that although the overall volume of plastic recycling in the United States has increased, recycling volumes for different types of plastics have diverged. This reflects the survi

The project collects end-of-life and waste tires across Germany, sourcing them from Driver retail stores, various motorsport events, and the Pirelli Breuberg plant as raw materials for the integrated recycling process. Pyrum uses a pyrolysis process

Singapore (ICIS) — The South Korean government has approved a major petrochemical restructuring project in the southern city of Yeosu, involving Yeochun NCC (YNCC), Lotte Chemical, Hanwha Solutions, and DL Chemical. The government has pledged support

Eni’s chemical subsidiary Versalis confirmed to S&P Global Commodity Insights’ Platts by email on July 21 that the company has shut down its polyethylene (PE) production unit in Brindisi, Italy, and placed the unit in a mothballed state. In it

Reliance Industries Ltd. reported that EBITDA for its oil-to-chemicals (O2C) business rose 17% year-on-year to 170.1 billion Indian rupees (about $1.7 billion) in the first fiscal quarter ended June 30. The company said the growth was mainly driven b

PureCycle Technologies, a plastics recycling specialist based in Orlando, Florida, announced that it has formed a strategic partnership with RM TOHCELLO, one of the world’s largest producers of biaxially oriented polypropylene (BOPP) film, as well as

According to BASF's statement on July 15, benefiting from better-than-expected operating performance in the first half of the year, BASF SE has raised its outlook for EBITDA (earnings before interest, taxes, depreciation, and amortization) for non

Lotte Chemical announced on Friday that to alleviate the cost pressure on small and medium-sized enterprise customers amid global supply chain disruptions, the company plans to temporarily reduce the supply prices of its core products. Lotte Chemical

Core points BASF has newly launched three biomass balance additive products—Dispex® AA 4145 MB, Rheovis® PU 1333 MB, and Rheovis® HS 1169 MB—specifically for the architectural coatings sector.All three additives have passed REDcert² biomass sustainab

Mitsubishi Chemical Advanced Materials Inc. will invest $20.3 million to expand its high-performance thermoplastics and composites production facility in Reading, Pennsylvania. Over the next three years, the project will create 42 new jobs and retain

Nearly 200 chemical plants in Europe have been shut down over the past five years. China’s chemical industry has overexpanded capacity and is dumping excess products into Europe at low prices; its imported products are said to have a carbon f

On July 2, Plastics Vision learned that Sumitomo Chemical announced on July 1 that the effective date for the agreement related to the integration of its domestic polyolefin business in Japan has been officially confirmed. The integration will be ca

On June 30, Syensqo announced that it has entered into a partnership with Bucci Composites, a leading company in the design and manufacture of structural composite components based in Faenza, Italy. The agreement includes a technology license for Sy