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Chemicals Industry

powered by Industry Intelligence, Inc.

September 19, 2023

Industry Roundup

Adhesives

Chemence develops new chemistry platform KURA-LOW, enabling high performance bonding at lower temperatures, available in select KRYLEX adhesive formulations; technology outperforms competitive adhesive systems for electronics applications, company says
Business Wire (09/18)

Adhesive and Sealant Council president opposes EPA ban on conditions of carbon tetrachloride usage, citing undue burden to businesses; ASC urges creation of regulations that align with OSHA requirements
Targeted News Service (09/18)

Ink / Inks

India-based SS Polymer & Films offers a diverse product portfolio, including BOPP, CPP and PET films, advanced thermal lamination films, flexo and roto inks, and premium masterbatch solutions; company has six state-of-the-art factories in four countries
Channel Times (India) (09/15)

Polymers / Resins

City council of Ravenna, Ohio, to vote on electrical easement that would enable LG Chem to open two new factories in the city; projects include 148,400-sq.-ft. ABS compounding building and an ABS Technical Center
Record-Courier, The (Kent, Ravenna, OH) (09/18)

Resirene seeks US$0.03/lb price increase on all grades of PS in Mexico as of Sept. 1 amid rising feedstock costs; August general purpose PS evaluated at US$2,020-US$2,220/tonne: ICIS
ICIS Chemical Business (CBNB Abstracts) (09/15)

Starch

Heinz plastic ketchup bottle inventor--a consultant at Penn State--has done a 360-degree career turnabout by waging war on forever chemicals, plastic waste by working with potato starch to create next-gen packaging made with biodegradable materials
Patriot-News (Harrisburg, PA) (09/18)

Pulp & Paper Chemicals

Kemira to increase prices for selected alkyl ketene dimer wax-based sizing products in Asia-Pacific by 10%-30%, due to rise in raw material costs, energy expenses, logistics and regulatory compliance requirements
Kemira Oyj (09/15)

Researchers review reduced water use strategies at 'most prominent' kraft pulp mills, particularly with bleaching technologies; review highlights washing steps, deposit formation as major problem, discusses future perspectives, freshwater shortages
Journal of Industrial and Engineering Chemistry (09/15)

Specialty Chemicals

Ascent appoints J. Bryan Kitchen as president of Ascent Chemicals; Mr. Kitchen most recently served as president, CEO and chairman of specialty chemicals maker Clearon
Business Wire (09/18)

 Polymers/Resins

Polyethylene (PE)

Dow Chemical Canada to present a proposed expansion of its Prentiss rail yard in Alberta in October 2023; company aims to make room for additional rail lines, storage room as the company plans to increase capacity at adjacent PE site
Red Deer Advocate (AB) (09/15)

Sudpack wins German Packaging Awards for Tubular Bag PurePE, a recyclable bag for cheese ripening that reduces resource consumption by 23% compared to conventional films, and for PharmaGuard, a PP-based and recyclable film concept for blister packaging
Südpack Group (09/15)

Polypropylene (PP)

Beaulieu to showcase sustainable geotextile items at ICG Rome on Sept. 18-21; offerings include PP fibers with more than 25% carbon footprint reduction compared to the EU standards, biobased PP, construction HT8 for greater strength, lighter weight
Industry Intelligence Inc. (09/18)

European PP, PE markets slow in emerging from summer holiday period; September 2023 ethylene contracts agreed higher and impacts polymer talks, while naphtha cost increases due to crude's uptick in August: ICIS
ICIS Chemical Business (CBNB Abstracts) (09/15)

Polyesters / Polyethylene Terephthalate (PET)

Researchers at North Carolina State University develop genetically engineered a marine microorganism Vibrio natriegens; microbe is able to breakdown PET microplastic in salt water, offering a potential solution oceanic microplastics
Pioneer, The (India) (09/18)

Kolon's spunbond nonwoven fabrics, Finon and Finon Eco, receive Environmental Product Declaration certification, a first in South Korea; Finon can be used in sectors such as auto interiors to industrial air filters, while Finon Eco is made from rPET
Industry Intelligence Inc. (09/18)

Polyvinyl Chloride (PVC)

decal to exhibit its self-adhesive products in visual communication and decoration at Printing United Expo in Atlanta, including alldecor 2d and PVC-Free ranges; alldecor 2d is eco-friendly film for interior decoration market that uses natural colors
WhatTheyThink (09/15)

Polymers / Resins

Asian rPET producers maintain reduced operations due to supply-demand mismatch; prominent brands and downstream converters not rushing to restock in September 2023: ICIS
ICIS Chemical Business (CBNB Abstracts) (09/15)

China LDPE market rebounds amid bullish macroeconomic expectations, supply decreases related to maintenance and transition to ethylene vinyl acetate production; average east China LDPE cost on Aug. 23 up nearly 14% year-to-date to Yuan 9,600/tonne: ICIS
ICIS Chemical Business (CBNB Abstracts) (09/15)

Monoethylene Glycol (MEG)

Rising MEG inventories at Chinese ports ease domestic price hikes; imports set to decline in Q4 2023 due to production disruptions in Saudi Arabia, India, and the US: ICIS
ICIS Chemical Business (CBNB Abstracts) (09/15)

Styrene

US styrene spot costs reach highest level in a year, bringing improved margins to manufacturers after a challenging Q2; idled capacity totaling 2 million tons supports spot cost increases: ICIS
ICIS Chemical Business (CBNB Abstracts) (09/15)

Slow-growing global demand, rapid capacity expansion pose challenges to expensive styrene production units in Europe, which are older and more costly to operate; in contrast, China continues to increase capacity with more margin-friendly facilities: ICIS
ICIS Chemical Business (CBNB Abstracts) (09/15)

Benzene

Sinopec hikes local benzene prices by Yuan 200/tonne in China on Sept. 6, setting new rates to correspond to import parity of nearly US$985/tonne CFR China: ICIS
ICIS Chemical Business (CBNB Abstracts) (09/15)

 Coatings/Adhesives

Coatings

Scientists develop biodegradable film for use in active food packaging or as inner coatings; film is comprised of chitosan, poly vinyl alcohol, reinforced with curcumin functionalized layered double hydroxides for improved barrier, antioxidant properties
Industry Intelligence Inc. (09/18)

Sealants

California lawmakers pass legislation to phase out PFAS in cleaning products from 2026, alongside ban on PFAS in artificial turf at schools; ban for floor sealers and finishes pushed 2028 due to industry concerns
InsideEPA.com's Daily Briefing (09/18)

Adhesives

Purdue University chemists develop sustainable adhesive system meant to address environmental issues with traditional adhesives such as those used in plywood; non-toxic adhesive performs well against commercial counterparts in tests
Manufacturing.net (09/18)

 End markets

Films / Sheets

Researchers compare properties of films made of pectin obtained from lemon, pomelo, pitaya peels; pitaya peel pectin exhibits 'superior' tensile strength, elongation at break compared to pomelo, lemon peel, though all are suitable for food packaging
Journal of Composites Science (09/18)

Premier Paper Group becomes sole distributor for Drytac's wide-format materials in UK, Ireland, after striking exclusive deal aimed at streamlining distribution, improving customer experience
Industry Intelligence Inc. (09/15)

Plastics

Environmental Solutions Group secures recertification for ISCC PLUS standard at its Singapore manufacturing site; certified products from the location include NEWOIL pyrolysis oil for renewable polymer, plastic materials
GlobeNewswire (09/15)

Rise in international freight rates boosts PET prices in September 2023, with steady demand seen in Brazil and Mexico as bottle season approaches; Brazil prices assessed by ICIS at US$0.5941-US$0.6168
ICIS Chemical Business (CBNB Abstracts) (09/15)

Plastic Packaging

Ad watchdog says Colgate-Palmolive is deceptively marketing Tom's of Maine, Colgate toothpaste tubes as 'recyclable,’ and has filed a complaint with the FTC as well as with regulators in California and Connecticut, urging them to take enforcement action
Globe Newswire (09/18)

Vonco Products’ EnteraLoc Flow, a seamless, closed-loop enteral feeding system, has been approved by the FDA for OTC use; the OTC version is expected to be available for online purchase by late 2023
Business Wire (09/18)

Cosmetic & Personal Care Ingredients

L'Occitane emphasizes maintaining biodiversity in ingredient sourcing, commits to traceability, minimizing cultivation's impact and protecting native plants; group details initiatives taken for hero ingredients immortelle, lavender, almond and shea butter
L’Occitane International (09/15)

Wakse introduces Metamorphic Lava Hard Wax Beans, a new at-home, color-changing wax product inspired by metamorphic lava, starting off black before turning orange; product offers time-efficient proof of efficacy, skin-care ingredients like aloe leaf juice
Trend Hunter Inc. (09/15)

Food & Beverage Ingredients

Lamb Weston Australia announces acquisition of Food Coatings Australia, a potato cake manufacturer and food coating facility; transaction completed on Sept. 13
MarketLine (09/18)

Euromonitor: Beverage companies have opportunities to capitalize on Asia Pacific consumers' physical/emotional health priorities; vitamins are popular in bottled water while mental well-being gains traction, offering new avenues for functional ingredients
Euromonitor International Ltd. (09/15)

Household Product Ingredients

Five industry leaders become early adopters of ACI’s Sustainable Feedstocks Initiative, aimed at increasing the use of sustainable materials in making cleaning products; companies include Henkel, IFF, Inolex, Novozymes and Twin Rivers Technologies
American Cleaning Institute (09/18)

Pharmaceutical Ingredients

French health agency Anses urges government to limit chemicals harming coral reefs, analyzes 53 substances contributing to coral degradation; chemicals include hydrocarbons, pesticides, metals, microplastics, pharmaceutical products, UV filters
Radio France Internationale (09/18)

Additives & Flavorings

Skout’s Honor announces new line of brushless pet oral care products, including dental wipes, water additives, oral gel and advanced dental drops, designed to break down, prevent plaque; company to begin sales of line in Q4 2023
Pet Age (09/15)

Flavors, Fragrances & Scents

Bluemercury introduces its first proprietary bath, body and home fragrance line named Cerulean 6°; in-house line features body creme, body lather, body oil body polish and candles, offered in two scents--woody flora Constellation, fruity floral Cloudline
PR Newswire (09/18)

French niche line Matiere Premiere will launch new fragrance, Vanilla Powder, in October, offered in 6, 50 or 100 ml eau de parfum; fragrance is described as a refined vanilla, with additional notes of coconut, palo santo and white musk
Industry Intelligence Inc. (09/18)

Nonwoven

Oerlikon presents new applications, sustainable solutions at Techtextil India, focusing on the production of industrial textiles such as polyester airbags, seat belts, geotextiles, hycuTEC filter nonwovens
ENP Newswire (09/15)

Fabrics / Textiles

India's Ministry of Textiles and SITRA organize Meditex 2023 to discuss opportunities in medical textiles sector as India emerges as leading player; conference highlights importance of research, innovation, local production, initiatives
India Government News (09/15)

Global textiles staples market to reach US$290.6B by 2033, after growing at 5.5% CAGR on increased sector investment, demand for sustainable materials; interior flooring to see fastest growth, with Asia-Pacific excluding Japan to be leading region
Textile Value Chain (09/15)

 Stock

Latest: Sep, 18 2023

Latest Value Prev Chg YOY Chg
Watchlist
BASF SE (BAS) :ETR 45.97 45.00 2.14% 8.73%
Eastman Chemical (EMN) 78.45 79.00 -0.70% -0.86%
Fuller H B (FUL) 68.47 68.86 -0.57% 14.50%
International Flavors & Fragrances (IFF) 67.40 69.05 -2.39% -34.18%
Lyondellbasell Industries N.v (LYB) 100.53 100.04 0.49% 30.30%
Ppg Industries (PPG) 132.49 133.80 -0.98% 12.78%
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