- NHK Spring Co., Ltd. (NHK Spring), a top manufacturer of industrial machinery and equipment, has announced that it will stop producing and selling all chemical products, especially specialty polyurethane foam products, by the end of March 2025.
- To address increasing global demand for ingredients with higher performance paired with an enhanced safety and sustainability profile, Advancion announces the commercial launch of a next-generation portfolio of multifunctional additives based on its new aminoamyl alcohol technology platform.
- INX International announces a brand extension for INXhrc™ RC natural-based inks - a new UV/LED dual cure low-migration formulation for plastic and foam-based packaging joins the tried-and-true UV curable formulation. Both offer a series of operational, regulatory, and sustainable benefits for brand owners and printers.
- Sustainable aviation fuel (SAF) accounts for less than 1% of aviatic fuel consumption, while aviation fuel generates 3% of global greenhouse gas emissions. Methane arrested anaerobic digestion (MAAD) technology developed by ANL converts high-concentration organic wastewater into volatile fatty acids and generates SAF.
- In an announcement, published on 29 November, the European Commission said, if negotiations are successful, it would be the first time Japan had taken part in the ‘closest form of cooperation in the field of research and innovation that the EU can offer’.
- FibreCoat, a German company based in Aachen that produces affordable high-performance materials, has raised nearly $20 million (about €18.98 million) in Series B funding.
- The Global Conference on Plastic Pollution Control (INC-5) was held in Busan, South Korea. Due to different opinions on the basic scope of the treaty, no final consensus was reached on the international convention on plastic pollution.
- 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.
- Over the past month, PVC futures prices have continued to fall, and market sentiment has been relatively depressed. On Wednesday, PVC futures fell below the 5,000 yuan/ton mark, reaching a low of 4,985 yuan/ton, a four-year low.
- Since last November, the PVC downstream demand has not improved markedly owing to several factors, from cold weather to the fact that downstream enterprises' operating rates continue to show a slight decline. The market mood is weak, but the operating rates are still high. Prices for PVC fluctuate downward again, with the main future's contract sinking to its yearly low.
- Based on the current production policy, photovoltaic glass is still expected to be cold, and the daily dumping will only shrink further. However, with fewer soda-ash maintenance programs, the capacity utilization rate continues to be high; new capacity is released constantly, and output has continued to be at its highest historic level for the season. In the future, the alternative supply will be more serious.
- The notice came from U.S. Commerce Department and U.S. International Trade Administration that the Department granted an extension on the date of final ruling in a certain anti-dumping investigation for the epoxy resins coming from China under LTFV until March 28, 2025
- Vadodara in Gujarat has yet another new plant constructed from the ground up for Flint Group. The world-class plant will manufacture water-based inks and coatings for paper and board markets and energy-curable inks for the narrow-web sector
- Saudi Arabia has imposed anti-dumping duties on sulfonated naphthalene formaldehyde originating from Russia and China. This will take effect on December 3, 2024, with rates between 18.12% and 34%, with a minimum tax of 435.5 Saudi riyals per ton. By imposing this action directly against low-priced exports, which practices done by China and Russia in the Saudi market and aims to protect the domestic market against unfair competition.
- Tosoh Corporation is going to boost HDI derivatives production capacity at Nanyo Plant in Shunan, Yamaguchi Prefecture, Japan. The company sells HDI derivatives under its Coronate brand.