Press Releases

LyondellBasell, the world’s largest licensor of polyolefin technologies, announced that Duqm Refinery and Petrochemical Industries Company LLC (DRPIC) has selected LyondellBasell’s world-leading polypropylene (PP) and high-density polyethylene (HDPE) technologies for a new facility. The new plants will comprise of a 280 KTA polypropylene plant that will utilize LyondellBasell’s Spheripol PP process technology and a 480 KTA high-density polyethylene plant which will

The "Bioplastic Textiles Market: Global Industry Analysis, Trends, Market Size, and Forecasts up to 2025" report has been added to ResearchAndMarkets.com's offering. The report on the global bioplastic textiles market provides qualitative and quantitative analysis for the period from 2017 to 2025. The report predicts the global bioplastic textiles market to grow with a CAGR of 19.8% over the forecast period from 2019-2025. The study on bioplastic textiles market covers

Amcor announced it has joined the U.S. Plastics Pact, a collaborative, solutions-driven initiative to create a path forward to a circular economy for plastics in the United States by 2025. The U.S. Plastics Pact is focused on four ambitious goals intended to drive significant systems change by unifying diverse cross-sector approaches, setting a national strategy, and creating scalable solutions. The first North American Pact of its kind, the U.S. Plastics Pact is a collaboration led by The Re

Celanese Corporation, a global chemical and specialty materials company, will increase list and off-list selling prices for the following acetyl intermediates and acetone derivatives products. The price increases below are for orders shipped and will be effective immediately, or as contracts otherwise allow, and are incremental to any previously announced increases.

Mafic USA and The Materials Group ("TMG") have announced an alliance to increase the use of basalt fiber compounded into injection molded thermoplastics within the automotive industry.  Mafic recently began operations at the world's largest basalt fiber production facility in Shelby, NC. TMG, located in Rockford, MI, is a thermoplastics manufacturer, distributor and leader within the automotive industry in sustainable plastics directly serving the Auto OEMS and their Tier m

Afton Chemical Corporation, a global leader in the lubricant and fuel additive market, has received approval from the Afton Chemical board to invest in Gasoline Performance Additives (GPA) blending capabilities at its Singapore Chemical Additive Manufacturing Facility. The investment is part of Afton’s “Made In” strategy that focuses on globally lean supply chain solutions that enable quicker support and more effective supply to its customers in Asia. It will also

According to the American Chemistry Council (ACC), the U.S. Chemical Production Regional Index (U.S. CPRI) rose by 0.8 percent in July following a 1.6 percent decline in June and a 2.0 percent decline in May. During July, chemical output expanded in all regions, with the largest gains in the Gulf Coast, Midwest, and Ohio Valley regions. The U.S. CPRI is measured on a three-month moving average (3MMA) basis. Chemical production improved in many segments, including, plastic resins, ch

The Alliance to End Plastic Waste (Alliance) and Plug and Play announced its 11 finalists for the Asia Pacific hub of the End Plastic Waste Innovation Platform - 90-day accelerator programme that supports startups on their innovations in ending plastic waste. The competitive via a virtual Selection Day was organized from Singapore. This is the organisers' third selection hub, following successful programmes in Silicon Valley and Paris. Today, some three billion people in the wor

The plastic fillers market is expected to grow by 4.75 million MT during 2020-2024. The report also provides the market impact and new opportunities created due to the COVID-19 pandemic. We expect the impact to be significant in the first quarter but gradually lessen in subsequent quarters – with a limited impact on the full-year economic growth. Request challenges and opportunities influenced by COVID-19 pandemic - Request a Free Sample Report on COVID-19 Impacts Ra

Chemetry, a technology innovation company dedicated to the development of environmentally sustainable chemical processes with superior economics, and Braskem, the leading producer of thermoplastic resins in the Americas, will construct and operate a Demonstration Plant using Chemetry's eShuttle® technology for the production of ethylene dichloride (EDC) in Brazil.   The eShuttle® EDC Process uses a unique metal halide ion process to produce high purity EDC, a commod

LANXESS has developed a new range of MDI polyether prepolymers containing renewable raw materials. Marketed under the brand name Adiprene Green, the products are suitable as replacement for existing fossil based polyether prepolymers and allow the PU processor to produce components with a reduced CO2 footprint. Specialty chemicals company LANXESS has developed a new range of MDI polyether prepolymers containing renewable, bio-based raw materials. Marketed under the brand name Adipre

Erie Insurance is investing in the newly formed IRG Erie, Inc., through its Opportunity Zone Fund, based on the company meeting pre-development progress milestones. Separately, Plastek has purchased an equity stake in IRG’s parent company, GreenSteel, LLC. The IRG facility in Erie will be the first of its kind—a mega-sized, all-plastics SuperPRF™ (Plastics Recovery Facility)—that will revolutionize plastics recycling. The Erie Insurance Opportunity Zone inves