In its release outlining the definitive agreement with INEOS, KPS is not understated in that it states that, upon completion of the sale, it would own the composites business with an estimated figure of about 1.7 billion euros. The closure is thought to be possible during the first half of 2025.

In November, the worldwide manufacturing PMI was 49.3%, up 0.5 percentage points from the previous month-a new high benchmark since second half of this year. By region

In Japan, Mitsui Chemicals is aggressively probing into the business of new bonding materials for the 3D stacking application increasingly appreciated in advanced semiconductor packaging. The composition can be bonded temporarily at room temperature and can achieve permanent bonding at a lower temperature of 150 degrees.

Sailboat entered the commercial operation with a carbonate plant in Jiangsu Province, Lianyungang in November 2024. It uses Asahi Kasei licensed technology to produce high-purity EC and DMC using carbon dioxide as the main raw material. Both carbonates are used as a solvent in electrolytes for lithium-ion batteries for electric vehicles. 

A decline in inventories of American crude oil was countered by an unexpected climb in refined oil inventories. Investment banks initiated unexpected selling of U.S.

SIO New Material (SIOResin®) unveils its latest product- SIOResin® SIO-7213, a waterborne high-temperature resistant silicone resin. This development sets new benchmarks in the performance of zinc-rich anti-corrosion coatings, combining superior heat and salt spray resistance for demanding industrial environments.

Given that the competition is stiffening from China and there is oversupply in the markets, the South Korea petrochemical industry is clearly in trouble. Not to be dissuaded, the South Korean government is undertaking concrete steps to create major restructuring plans that will enable the petrochemical industry to extricate itself from the present crisis and revive. 

Hindered amine light stabilizers help prevent plastic products from decomposing under the influence of sunlight, air and heat, and can improve the environmental weather resistance and service life of plastic products. In addition to being used as plastic additives

Okuno Pharmaceutical Co., Ltd. of Japan has developed two silica-based coatings that do not contain perfluorinated/polyfluoroalkyl substances (PFAS), including the non-sticky antifouling coating "Top Cerarelease IG-1" and the food utensil coating "Top Cerarelease FG-1" that complies with the Positive List system.

Recently, Dow Chemical announced that it has completed the previously announced transaction and successfully sold its flexible packaging composite adhesive business within its packaging and specialty plastics division to Arkema, a global leader in specialty materials, for $150 million.

The China phosphate rock market was hit hard by the international export ban on phosphate derivatives: Ultimately prices and supplies were to be affected. As the main consumptive field for phosphate rock, the constraints were noted by phosphate fertilizer export demand which was then lower than phosphate rock demand; that may lead to price fluctuations in the long term

According to a new comprehensive report from The Insight Partners, Global Advanced Carbon Materials Market Report 2031 by Segments, Geography, Dynamics, Recent Developments, and Strategic Insights is observing significant growth owing to the increasing demand for lightweight materials.

Based on the findings of Technavio, Americas' sulfuric acid market will see a valuation of a whopping USD 1.12 billion between the years 2024 to 2028. By the growth rate forecasted for this period, this sum covers an expansion brought by a compound annual growth rate of 6.78%

Lecta, a European producer and distributor of specialty papers used for labels and packaging, hereby announces the separation of its self-adhesive business unit from Torraspapel SAU.A separation is dated for January 1,2015.