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The Week in Chemistry: US PE, PP spot prices steady in week of May 16, but may face downward pressure on lower input prices; India PVC weighted by reduced import duties, a potential barrier to domestic manufacturing investment

Solenis acquires Istanbul, Turkey-based Neu Kimya, a provider of solutions for water treatment and oil and gas markets in Turkey, Southeast Europe and the Middle East; acquisition supports Solenis' direct-to-market strategy

Mitsui Chemical starts new material recycling facility for flexible packaging in Nagoya, Japan; facility removes ink from printed films, pelletizes the waste and processes it back into flexible packaging film

Celanese to increase selling prices for acetyl intermediate products, including acetic acid and vinyl acetate, effective immediately

FMC's PrecisionPac shortlisted for Best Precision Application Technology Innovation during the IHS Crop Science Awards; PrecisionPac service offers custom herbicide blends with accurate active ingredient proportions

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An example of a few headlines sent to our customers on Feb, 04 2022
Chemicals Industry

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February 04, 2022

Industry Roundup

Inks

IINX to showcase its TRIANGLE brand HFB UV Curable digital inks at 2022 FASTSIGNS International Convention on Feb. 10-11 in Grapevine, Texas
INX International Ink Co. (02/02)

Super Web Digital debuts rollfed WEBJet 2100P Printing System with Memjet's DuraLink pigment ink-based writing system; system comes with Adphos drying system, Mitsubishi inline scanning for variable data output across broad range of industries
WhatTheyThink (02/01)

Polymers/Resins

Kemira launches first worldwide full-scale production of biobased water-soluble polymers; first commercial volumes will be shipped to wastewater treatment plants at Helsinki Region Environmental Services for trials
Kemira Oyj (02/03)

Alpek enters agreement to acquire OCTAL Holding, a major global producer of PET sheet; Octal's capacities include PET resins, sheet, thermoform packaging and recycling
Alpek S.A. B. de C.V. (02/02)

Agricultural Chemicals

EarthRenew commissions expanded manufacturing facility in Beiseker, Alberta; facility has capacity for more than 20,000 tonnes/year of regenerative fertilizer and an additional 46,000 tonnes of blended product
GlobeNewswire (02/02)

Valent BioSciences announces EPA approval for expanded use of its LEAP ES Bacterial Disease Management Biological Insecticide; product offers protection against bacterial disease and certain larvae on tomatoes, peppers and sweet corn
Business Wire (02/01)

 Polymers/Resins

Polyethylene (PE)

Aptar’s Maestro closure for edible oil products can be easily opened with one hand, allows for precise application, helps prevent spills, is ISTA-6 approved, allows brands to select colors to match each product, is made with fully recyclable PP and PE
AptarGroup Inc. (02/03)

Dermalogica to integrate recyclable pumps by Aptar into its facial cleansers; the monomaterial pump consists of a plastic spring, which, like its bottle, is made of recyclable PE, making it possible to dispose of the bottle and pump as one unit
PR Newswire (02/01)

Polypropylene (PP)

Bharat Petroleum plans PP unit at its Kochi Refinery in India; company will discontinue the polyols project that was approved in September 2018
Chemical Industry Digest (02/02)

Polyesters/Polyethylene Terephthalate (PET)

India-based AVI Global Plast launches ready-to-adopt rPET produce punnets containing 30% PCR content, verified by global certification and testing company InterTek; the punnets are 100% recyclable, can be used to meet UK’s upcoming Plastic Packaging Tax
Fresh Plaza (02/03)

Polystyrene (PS/EPS)

Trinseo to decrease prices for all PS grades in Europe, effective Feb. 1, 2022; STYRON general purpose PS and high-impact PS grades will be decreased by €40/tonne
Trinseo (02/02)

Custom protective packaging solutions provider Altor Solutions acquires Massachusetts-based Foam Concepts for undisclosed terms; Foam Concepts manufactures EPS foam products for the cold chain, protective packaging and construction end-markets
Globe Newswire (02/02)

Polycarbonate (PC)

Tokyo-based Ishizuka Chemical Sangyo launches of traceable PMMA and PC resins made from plastics recycled by Tsuruoka Company; Ishizuka is using platform developed by Mitsui Chemicals and IBM Japan
Mitsui Chemicals Inc. (02/01)

Polymers/Resins

Australia-based Massel to use SIG’s aseptic carton packs with Signature Full Barrier material for its liquid plant-based stock range; the material is made of mass-balanced forest-based polymers made from tall oil, a byproduct of paper manufacturing
SIG Combibloc Group AG (02/02)

Solvay announces investment to expand capacity of its high-performance polymer Solef polyvinylidene fluoride from site in Tavaux, France, by December 2023; production will serve lithium-ion battery market amid growing demand for electric, hybrid vehicles
Solvay SA (02/01)

Polyamide (PA)/Nylon

BASF to launch several PA and polyphthalamide engineering plastic grades in Europe that it acquired as part of takeover of Solvay’s PA66 business; products will join BASF's Ultramid brand
BASF SE (02/01)

Thermoplastics Elastomer (TPE)

INEOS Styrolution announces divestment of its StyLight thermoplastic composite materials business to engineering plastics specialist Ensinger; products include materials based on carbon, glass and natural fibers with applications in structural materials
Ineos Group Ltd. (02/01)

Polymer Additives

Nexam Chemical to invest 20M Swedish Krona in new production line at facility in Lomma, Sweden; company manufactures additives for polymers used in a range of end markets
Nexam Chemical Holding (02/03)

Kraton announces RecyClass approval of its CIRKULAR+ Performance Enhancement Series C2000 and C3000 polymer additives; products are fully compatible with recycling of PP containers in Europe
Kraton Corp. (02/01)

 Coatings/Adhesives

Coatings

PPG introduces ENVIROBASE ECP35 2.1 VOC High Production Surfacer for the US and Canada automotive refinish markets; waterborne system offers fast drying, cost savings, company says
PPG Industries Inc. (02/02)

PPG names Henrik Bergström as VP, architectural coatings, Latin America, EMEA and Australia and New Zealand, effective March 1, 2022; Javier Sosa will become PPG VP, architectural coatings, Latin America and president, PPG Comex
Business Wire (02/02)

 End markets

Films/Sheets

Japan-based Toppan acquires majority shareholding in India-based Max Speciality Films, a manufacturer of BOPP films; acquisition enables Toppan to enter BOPP film business in India, expand its network for supplying monomaterials to diverse customers
Toppan Inc. (02/02)

Plastics

Henkel brand Dial highlights partnerships with Plastic Bank Recycling, TerraCycle; partnerships involve the planned use of Social Plastic for its soap refills, and the recycling of components that cannot be recycled through traditional curbside recycling
PR Newswire (02/03)

Henkel brand Pril now offering a refillable pump dispenser for its Stark & Natürlich line of dishwashing products; the bottle body is made exclusively from recycled plastic and the refill pouch saves as much as 70% plastic compared to the pump dispenser
Henkel AG & Co. KGaA (02/03)

Plastic Packaging

Massachusetts-based Brewer's Foods relaunches its flatbread crackers in new packaging that reduces the amount of plastic used by 90%; the new packaging maintains a window for consumers to see the actual product rather than an image
PR Newswire (02/03)

Lowe's Canada to progressively stop offering single-use plastic shopping bags in its Lowe's, RONA, Réno-Dépôt stores as of June; company will also donate profits from the sale of its reusable shopping bags to finance conservation projects across Canada
CNW Group Ltd. (02/03)

Cosmetic & Personal Care Ingredients

Afore by Dr. Few's CBD Face Cream with Retinol launches at Allure Store in New York City; CR Emulsion combines CBD, retinol, peptides to reduce wrinkles, fine lines, hyperpigmentation while mitigating harsh side effects of traditional retinol solutions
PR Newswire (02/03)

Foligain Rejuvenating Biotin Shampoo recognized in Delicious Living's 2022 Body and Beauty Awards; formula made with biotin, omega fatty acids, vitamin E, oat kernel extract, organic botanicals to moisturize, condition hair, refresh scalp
​​​​​​​PR Web (02/02)

Food & Beverage Ingredients/Additives

Benson Hill announces collaboration with Riverence Holdings to enhance the sustainability of aquaculture supply chains using Benson Hill's soy ingredients
PR Newswire (02/02)

PepsiCo's Rockstar launches Rockstar Unplugged, a new kind of energy drink that aims to enhance 'good vibes,' with hemp seed oil, B vitamins, spearmint, lemon balm, 80mg of caffeine; sugar-free, zero-calorie beverage available in three flavors
PR Newswire (02/01)

Household Product Ingredients

Early-stage venture capital firm Rachel Zoe Ventures invests in Cleancult; eco-friendly cleaning brand packages soap in paper-based milk cartons, offers reusable glass dispensers, biodegradable formulas for laundry detergent, cleaners, dish, hand soaps
PR Newswire (02/03)

Nutraceutical Ingredients & Products

Nutraceutical company Betterbrand places its products, including BetterLungs lung/immune health support supplement with natural ingredients, in select GNC stores; distribution deal instrumental in Betterbrand’s national retail roll-out in 2022
Newswire.com (02/03)

Pharmaceutical Ingredients

Biopharmaceutical firm Akari Therapeutics and Inhalation Sciences develop lung treatment using inhaled nomacopan formulation, which can be nebulized by conventional devices; CDC estimates over 11 million people had at least one asthma exacerbation in 2021
Akari Therapeutics, Plc (02/02)

Additives & Flavorings

NutriSource launches new line of SuperStars Training Reward Treats, available in chicken, beef, bacon and cheddar flavors; line is part of company's initiative to support philanthropic causes, including facility dog programs at children’s hospitals
PR Newswire (02/03)

Milk-Bone debuts two new dog biscuit lines Stacked and Stuffed and two new 100% rawhide chews Flavor Twists and Flavor Braids; Stacked contains molasses-, peanut butter-flavored creme filling while Stuffed contains a bacon and beef filling
PR Newswire (02/03)

Flavors, Fragrances & Scents

4711 to launch Acqua Colonia Starfruit & White Flowers, a new fruity-floral fragrance designed to raise happiness hormones, available in 50, 170ml eau de cologne, accompanied by 200ml scented shower gel
Fragrantica (02/03)

Bath & Body Works launches its first-ever collection for Black History Month, donates US$500,000 to Columbus and National Urban Leagues; line includes scented hand soap, fragrance mist, scented candle, 3-in-1 hair-face-body wash
StyleCaster (02/03)

Pigments

Smurfit Kappa announces that taps used on its Bag-in-Box products are now free from carbon black pigment, making them much easier to recycle; company's European Bag-in-Box plants in France, Spain are now using Vitop Natural, a tap with a translucent body
Smurfit Kappa Group PLC (02/02)

Sun Chemical to increase prices across selected products from pigments, dyes and preparations portfolio, effective Feb. 14, 2022; price increase is related to further price increases in key raw materials, transportation crisis
Sun Chemical Group Cooperatief UA (02/01)

Silicone

Wacker announces three functional silicones used in the making of textile softeners, now available as 'eco' products; company uses plant-based methanol for manufacture of the products
Wacker Chemie AG (02/03)

Nonwoven

Suominen Q4 net profit down to €2.5M from year-ago €7.3M, net sales up 4% to €115.6M; full-year profit down to €20.7M from year-ago €30.1M, sales dip 3% to €443.2M, reflecting lower sales volumes, higher costs for raw material, freight, energy
Suominen Corp. (02/03)

Wipes producer Rebel Converting will highlight nonwovens converting abilities at IDEA2022; company's Extreme Canister, made with its customizable full digital in-mold labeling technology, can be used for hard-to-hold chemistries or refill programs
Nonwovens Industry (02/03)

Fabrics/Textile

Regenerative farming practices can play a key role in developing more resilient systems, providing social and environmental benefits, and maintaining the long-term health of the apparel textile and footwear sector, according to report
MarketLine (02/03)

Hemp hurd can produce dissolving-grade pulp suitable for textile fiber production, nanocellulose, high yield of bio-oils for green chemicals if processed with reductive catalytic fractionation; hemp hurd is mistakenly treated as low-value material: study
Economics Daily Report (02/01)

 Stock

Latest: Feb, 03 2022

Latest Value Prev Chg YOY Chg
Watchlist
BASF SE (BAS) :ETR 68.18 68.13 0.07% 4.09%
Eastman Chemical (EMN) 121.11 121.09 0.02% 18.03%
Fuller H B (FUL) 70.68 71.84 -1.61% 31.57%
International Flavors & Fragrances (IFF) 128.99 133.40 -3.31% 0.56%
Lyondellbasell Industries N.v (LYB) 100.01 100.34 -0.33% 12.08%
Ppg Industries (PPG) 156.74 157.62 -0.56% 12.03%
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