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U.S. inventories unexpectedly drop, oil hits seven-year high
Time of Update: 2023-01-15
S. government report showed an unexpected drop in crude inventories, easing concerns that higher oil prices will dampen demand .
87 a barrel on Wednesday West Texas Intermediate crude for November delivery rose 91 cents to $83.
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LG Chem to build technology centers in U.S. and Europe
Time of Update: 2023-01-15
Kug Lae Noh, President of LG Chem Petrochemical Company, said: "The Technology Center will enhance customer responsiveness through customized technical support optimized for the local market and play a key role in enabling LG Chem's strategic products to lead the global market .
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BASF Petronas Chemicals Increases Isooctanoic Acid Capacity in Kuantan, Malaysia
Time of Update: 2023-01-15
Vasilios Galanos, global senior vice president of BASF's Asia Pacific Intermediates business unit, said: "We are committed to meeting the rapidly growing needs of our customers as the downstream applications of isooctanoic acid continue to expand, such as synthetic lubricants for the white goods industry.
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PPG Appoints Vincent Robin as Vice President of Global Automotive Coatings
Time of Update: 2023-01-15
Vincent Robin"Vincent's in-depth knowledge of the global automotive industry, extensive experience in high-growth markets, and proven leadership are invaluable to PPG's automotive coatings business.
PPG "Vincent's in-depth knowledge of the global automotive industry, extensive experience in high-growth markets, and proven leadership are invaluable to PPG's automotive coatings business.
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Avient Introduces Gravi-Tech™ Polymer Metal Composites for Luxury Packaging
Time of Update: 2023-01-15
“Our densities The combination of modification technology and metal coating gives customers more design freedom, enhances the sensory experience, and saves time and costs ,” said Matt Mitchell, global marketing director of specialty engineered materials at Avient.
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Mitsubishi to spend $17.5 billion to drive decarbonization by 2030
Time of Update: 2023-01-15
54 billion) in renewable energy and alternative energy sources such as hydrogen by 2030 to boost its decarbonization and emission reduction efforts Japan's Mitsubishi Corp said on Monday it would invest 2 trillion yen ($17.
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To meet market transition to circular economy, Hexpol launches TPE with recycled content
Time of Update: 2023-01-15
mechanical and flame retardant properties" , these are not always easy to achieve Over the past six years, he said, recycled materials could be used in "an increasing number of applications" including "very critical things like indoors where you have odor and emission requirements, temperature requirements .
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Nippon Paint to acquire Cromology, France's fourth largest decorative paint maker, for 1.152 billion euros
Time of Update: 2023-01-15
According to the 2021 Europe's 25 Largest Coating Manufacturers list published by European Coatings Magazine, Cromology's 2020 sales are 440 million euros, ranking ninth on the list, with a year-on-year revenue of 415 million in 2019.
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Ford develops graphene-enhanced PU foam that reduces vehicle noise and weight
Time of Update: 2023-01-15
. One of the biggest challenges in developing foams is dispersing nanomaterials such as graphene into sticky polymers and preventing them from agglomerating during mixing, said Alper Kiziltas, Ford sustainability and emerging materials technology specialist .
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PureCycle and Mitsui & Co. to build a new "PP complete cycle" plant in Japan
Time of Update: 2023-01-15
” Recently, PureCycle has signed a Memorandum of Understanding (MOU) with global investment company Mitsui & Ltd. to develop and operate a recycling facility in Japan dedicated to converting PP waste into ultra-pure recycled polypropylene .
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France to ban single-use plastic packaging for fruit and vegetables
Time of Update: 2023-01-15
The French government recently announced that from January 1, 2022, most categories of fruits and vegetables will no longer be packaged in single-use plastics .
The French government recently announced that from January 1, 2022, most categories of fruits and vegetables will no longer be packaged in single-use plastics .
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BMW grille wins SPE Innovation Award
Time of Update: 2023-01-15
Reinforced polycarbonate) for the Lucid Air electric vehicle battery module housing with one-shot aluminum insert molding Saudi Industries also earned a new Mobility No. 2 product made by Hayward, Calif.
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KRAIBURG TPE presents thermoplastic elastomers that reduce the weight of finished products
Time of Update: 2023-01-15
9 g/cm³ and is 25% lighter than thermoplastic vulcanizate and 50% lighter than PVC , compared to traditional TPE and TPV materials for automotive applications, the compression set is much lower, the same as EPDM rubber They point out that since glass beads have a density of 0.
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Turning waste into treasure, Covestro's innovative CO2 technology brings greenhouse gases back into the value chain
Time of Update: 2023-01-15
Using its own patented CO2 process, Covestro uses CO2 as a feedstock to produce polyols, key semi-finished products for polyurethane plastics such as foams or adhesives, using special production facilities at its Dormagen plant in Germany .
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Asia's top petrochemicals track China's post-holiday gains, crude oil prices rebound
Time of Update: 2023-01-15
. Spot prices in Northeast Asia surged early last week on strong downstream PP futures in China, but were moderated by expectations that supply in China's domestic market could be extended in the fourth quarter .
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France's proposed plastic packaging ban could face higher carbon replacement risks
Time of Update: 2023-01-15
The new French government is expected to gradually introduce new legislation to give retailers six months to dispose of existing plastic packaging stocks, and to extend the timetable to 2026 to deal with fruit and vegetables that have a significant risk of spoilage when sold in bulk.
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Neste's renewable hydrocarbons reduce carbon footprint by more than 85%
Time of Update: 2023-01-15
For this particular polymer, greenhouse gas emissions have been reduced by more than 80% over the product's life cycle, taking into account not only Neste RE's life cycle emissions, but also Neste RE's processing into renewable polypropylene plastics .
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"Power outages" lead to a reduction in raw material output, Teijin raises PC and ABS prices
Time of Update: 2023-01-15
The specific price increases are as follows:The specific price increases are as follows:Product new priceProduct new pricePanlite phosphorus flame retardant grades are increased by 10 yen or more per kilogram (Japanese market);Panlite phosphorus flame retardant grade $100 or more per ton (global market) .
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XECARB® thermoplastic composites used in BFT motors
Time of Update: 2023-01-15
Its new products, AC A 40 and BT A 40 models, have enhanced durability, reliability and quiet operation thanks to the application of XECARB® thermoplastic composites, a new unique gear made from it, replacing the previous POM plastic .
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Avient: TPE with recycled content for more sustainable shavers
Time of Update: 2023-01-15
In a press release, Avient officials said that when Bic engineers were asked to use more recycled material in the proposed shaver, they found one grade of Avient's reSound R brand of material.
