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Industry Roundup |
Adhesives
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Zublin to construct sustainable timber building for new Martin Behaim Gymnasium in Nuremberg, Germany, to sequester around 7,000 tonnes of CO2, reduce construction time; school built using timber panels made of LENO CLT, glued laminated timber, BauBuche
ENP Newswire (01/15)
Greif opens new adhesives manufacturing site in Cincinnati, Ohio, adding water-based adhesives capacity; site supports end markets including tube and core construction, corrugated, boxboard, gypsum, furniture manufacturing and more
Greif Inc. (01/15)
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Polymers / Resins
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Tara gum polysaccharide, a natural polymer, shows potential for use in pharmaceutical drug delivery, according to research in Korea; material offers biodegradable alternative and could aid in controlled release items
European Pharmaceutical Review (01/15)
The Week in Chemistry: Plastics Exchange reports brisk spot PE activity in the first week of January, spot PP prices start 2024 US$0.05/lb higher than 2023; China styrene capacity growth poised to slow amid reduced production rates, profitability
Industry Intelligence Inc. (01/12)
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Pulp & Paper Chemicals
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Solenis to invest US$193M to expand operations in Suffolk, Virginia; plans include new 80,000-sq.-ft. production site for polyvinyl amine polymer products used in paper and paperboard manufacturing
Suffolk News-Herald (VA) (01/12)
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Polymers/Resins
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Polyethylene (PE)
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India to enforce quality control orders on 240 new items such as certain textiles; textiles affected include needle-punched nonwoven geobags, PP multifilament woven geobags, geotextiles, high density PE, geostrip used as soil reinforcement
Hindustan Times (India) (01/12)
Visy acquires assets of Victoria, Australia-based Advanced Circular Polymers, whose facility can sort, process 30,000 tonnes of plastics/year to be sold for reuse; some material will go to Visy's New South Wales site for food-grade rPET, rHDPE containers
Visy Industries Holdings Pty. Ltd. (01/12)
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Polyesters / Polyethylene Terephthalate (PET)
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Coca-Cola India, Reliance Retail collaborate on sustainability initiative that focuses on used PET bottle collection and recycling through Reverse Vending Machines and collection bins; pilot project has commenced in 36 stores, will expand to 200 by 2025
Asian News International (01/15)
French wine group Boisset is looking to trial lighter packaging formats like rPET in the UK; Boisset’s UK director says lighter rPET format ‘makes a massive difference’ from a perspective of shipping and cost of production on the environment
just-drinks (01/15)
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Polyvinyl Chloride (PVC)
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Apex Mills' non-PVC architectural membrane, Apex, offers strength, durability comparable to PES-PVC, but 35% lighter; Apex is ideal for tents, tension structures, features self-cleaning technology, is fully recyclable, withstands extreme conditions
Advanced Textiles Association (01/15)
Westlake Global Compounds partners with Westlake Dimex, leveraging Westlake Global Compounds' expertise in PVC compounds with Dimex's expertise in recycled materials
Westlake Chemical Corp. (01/15)
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Polymers / Resins
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Swedish Energy Agency proposes tax on plastic producers to fund carbon capture and utilization technologies; chemical trade groups note importance of recycling plastics as a raw material, push for ban on plastic combustion as a disposal method
M-Brain Nordic News (01/12)
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Benzene
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FDA files petitions to rescind approvals for four carcinogens used as food additives; ingredients include benzene, trichloroethylene, methylene chloride, ethylene dichloride
Contify Life Science News (01/12)
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Coatings/Adhesives
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Coatings & Primers
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AkzoNobel recognized with 2023 Global Company of the Year Award by Frost & Sullivan for its commitment to pioneer digital transformation in the global paints and coatings industry
Canada Newswire (01/15)
Greif, IonKraft announce pilot-project partnership to revolutionize challenges of recyclability, sustainability in plastic jerrycan packaging that requires an additional barrier; IonKraft’s coating utilizes a plasma-enhanced vapor deposition process
Greif Inc. (01/12)
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End markets
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Plastics
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An estimated 52,000-184,000 tons of plastic pellets are released into the ocean each year as a result of poor management along production and transport chain; Spain-based researchers highlight the durability of plastics remaining in the water
CE Noticias Financieras (Latin America) (01/15)
Nigeria’s Federal Ministry of Environment bans single-use plastics at its headquarters and agencies; government communique also highlights need to expand current strategy for circular management of waste through EPR
Vanguard (Nigeria) (01/15)
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Plastic Packaging
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Ajman, UAE, reportedly announces ban on single-use plastic bags in all shopping centers and sales outlets
Khaleej Times (United Arab Emirates) (01/15)
Thailand’s Chulalongkorn University Center of Excellence on Petrochemical and Materials Technology signs MoU with Archanawat on R&D of plastic packaging innovation, including design, raw material research, machine efficiency improvement, plastic molding
Newswise - SciNews (01/15)
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Cosmetic & Personal Care Ingredients
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French biotech firm Plant Advanced Technologies re-emphasizes plant milking as sustainable method in making plant-based beauty ingredients, highlighted in WGSN's 2024 beauty trends; process uses less water, optimizes resources without destroying the plant
CosmeticsDesign.com (US) (01/15)
Biotech advancements in beauty sector offer new possibilities and sustainability benefits; companies like Robertet investing in AI and plant-based technologies, while Unilever, Kao and L'Oreal back ventures for sustainable and bio-based alternatives
CosmeticsDesign.com (US) (01/15)
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Food & Beverage Ingredients
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Food additives marketplace poised for changes in 2024, owing to political, regulatory and biotechnology influences; research could promote positive traits of natural preservatives, leading to potential new opportunities in natural meat preserving
FoodNavigator.com (01/15)
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Nutraceutical Ingredients & Products
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Tata Consumer Products to acquire Organic India, a ‘better for you’ organic brand spanning Food & Beverages and Nutraceutical categories
Tata Consumer Products Ltd. (01/15)
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Fertilizers & Plant Nutrients
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Russian Railways network increases freight loading to seaports by 0.5% in 2023; northwestern ports saw a rise in loading due to existing capacity reserves, an increase in coal, fertilizers and chemicals shipping and the opening of a new grain terminal
Interfax Russia & CIS Business and Financial Newswire (01/15)
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Additives & Flavorings
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Unilever, IFF & Wageningen University announce four-year research project to focus on how flavors bind to protein molecules 'with the goal of recommending novel flavoring strategies that elevate the sensory experience of plant-based meat alternatives'
FoodNavigator.com (01/15)
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Flavors, Fragrances & Scents
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Kate Spade's Bloom, a new women's fragrance, opens with notes of lemon primofiore, Granny Smith apple and sweet orange essence; it comes in 10, 40, 60 and 100 ml Eau de Toilette
Industry Intelligence Inc. (01/15)
Diesel launches new unisex fragrance, D Red, featuring blend of red grapefruit, lavender, and sandalwood; it is available in 30, 50 and 100 ml Eau de Parfum, housed in a red bottle
Industry Intelligence Inc. (01/15)
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Silicon, Silicone & Silicate
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Intel to buy France's Silicon Mobility
SeeNews Deals (01/15)
WACKER to expand silicones capacity with new production site in Karlovy Vary, Czech Republic; production is expected to start at end of 2025
Wacker Chemie AG (01/12)
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Nonwoven
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WPT Nonwovens starts operations at new US$19.5M production facility in Ohio County, Kentucky; 75,000 sq. ft. facility to employ 35 workers, features carded nonwoven line to make up to 12,000 tonnes/year of HVAC filtration media, hygiene fabric
Industry Intelligence Inc. (01/12)
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Fabrics / Textiles
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OEKO-TEX publishes updated textile testing criteria, limit values, guidelines for textile, leather industry certifications, to be implemented from April 1; update includes changes for PFAS, microplastics, genetically modified cotton, chemical standards
Hohenstein Institute (01/15)
Aplix to introduce hook and loop solutions for technical markets at Techtextil in Frankfurt, Germany, on April 23-26; company serves markets such as aerospace, automotive, cleaning, healthcare, packaging, personal care, military
Aplix Inc. (01/12)
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Stock
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Latest: Jan, 15 2024
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Latest Value |
Prev |
Chg |
YOY Chg |
Watchlist |
BASF SE (BAS) :ETR
|
44.66
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45.24
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-1.28%
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-16.05%
|
Eastman Chemical (EMN)
|
86.93
|
86.93
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0.00%
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-4.87%
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Fuller H B (FUL)
|
78.38
|
78.38
|
0.00%
|
5.65%
|
International Flavors & Fragrances (IFF)
|
80.25
|
80.25
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0.00%
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-30.96%
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Lyondellbasell Industries N.v (LYB)
|
94.43
|
94.43
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0.00%
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0.75%
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Ppg Industries (PPG)
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145.55
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145.55
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0.00%
|
9.93%
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