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Industry Roundup |
Adhesives
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Dow's solvent-free MOR-FREE L 75-300/ CR88-300 and ROBOND L-350/ CR-3 lamination adhesives for PE film packaging receive RecyClass approval; products are now recognized as mechanically recyclable in European markets
The Dow Chemical Co. (12/05)
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Ink/Inks
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Global regenerated cellulose fibers, films markets to reach US$27.30B by 2027, after growing at 8.7% CAGR on rising fabric industry demand; fibers, recycled and de-inked pulp to be fastest growing segments, especially in Chinese, Japanese, Indian markets
Business Wire (12/05)
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Polymers/Resins
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LG Chem to launch plant-based, circular ABS plastic on January 1, 2023; ISCC PLUS certified material can be used in applications including construction materials, automotive and more
LG Chem Ltd. (12/05)
Protecting Communities From Plastics Act introduced to US Congress would set nationwide reduction targets for plastic production, temporarily halting permits for new facilities; strategy would incentivize reuse, refill programs
Waste Dive (12/05)
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Specialty Chemicals
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UK textile company HeiQ buys North Carolina-based Chem-Tex Laboratories for US$2.5M to reduce exposure to Europe's high energy prices; US subsidiary HeiQ ChemTex has leased Chem-Tex's Concord site since 2017 to develop, make textile, flooring chemicals
Alliance News (12/02)
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Wood Chemicals
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Hartley Italia and ICRO Coatings enter strategic partnership to supply the North American market with Italian wood finish systems that lead the Italian and EU industry in sustainability, green technology, biobased solutions, reduction of carbon emissions
PR Newswire (12/02)
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Polymers/Resins
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Polyethylene (PE)
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US PE export prices stabilize amid sufficient supply and lackluster global demand; exports ranged between 40% and 41.5% of overall sales for past three months: ICIS
ICIS Chemical Business (CBNB Abstracts) (12/05)
ExxonMobil announces five-year agreement to supply certified circular PE to Amcor, supporting targets to achieve 30% recycled material across its portfolio by 2030; volumes are expected to reach 100,000 tonnes/year by end of the five-year period
Amcor Plc (12/05)
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Polypropylene (PP)
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India's Maharashtra government partially lifts a four-year plastic ban, permitting the use of single-use disposable packaging made of compostable material; the order also allows use of nonwoven PP bags, plastic packaging material with certain thicknesses
Hindustan Times (India) (12/05)
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Polyesters/Polyethylene Terephthalate (PET)
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PepsiCo partner Northern Bottling, a subsidiary of Haidri Beverages Group, to install Sidel’s highest-speed complete PET line in Pakistan; Sidel’s Combi is able to blow bottles using the lowest possible blowing pressure, and the air is recycled
Contify Retail News (12/05)
China-based Hainan Yisheng Petrochemical, a subsidiary of Rongsheng Petrochemical, receives US FDA approval in July for its PCR PET for rPET food packaging
China Knowledge (12/02)
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Polyvinyl Chloride (PVC)
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INEOS Inovyn to begin using hydrogen-fueled truck for PVC transportatin starting in Q1 2023, starting at production plant in Tavaux, France; a single truck will reduce CO2 emissions by 60 tonnes/year
Ineos Group Ltd. (12/05)
Westlake Royal Building Products acquires Palight Trimboard from Palram Americas, expanding its Trim & Mouldings Solutions offering; Westlake will assume responsibility for an existing manufacturing facility on Palram campus in Kutztown, Pennsylvania
Marketline - Deals (12/05)
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Polycarbonate (PC)
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Europe PC contract values for Q4 up by €0.17/kg over previous quarter, owing to higher power prices: ICIS
ICIS Chemical Business (CBNB Abstracts) (12/05)
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Ethylene Vinyl Acetate (EVA)
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Asia ethylene vinyl acetate market sees excess supply against low sentiment, affected by strict COVID-19 measures; new capacities of 300,000 tonnes/year expected to come online by end of 2022: ICIS
ICIS Chemical Business (CBNB Abstracts) (12/05)
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Polyurethane (PU)
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NCSU researchers develop low-cost, scalable technique to embroider power-generating yarns onto fabric, enabling integration of yarns after clothing item is made; yarns are made with PU-coated copper wires, are stitched onto cotton fabric with PTFE: study
North Carolina State University (NCSU) (12/05)
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Polymers/Resins
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Yamaha to use plant-derived, recyclable cellulose nanofiber reinforced resin for personal watercraft parts for certain 2024 models; material made from wood resources is 25% lighter than existing resin materials, may be used in motorcycles in future
Yamaha Motor Corp. (12/05)
Evonik introduces TEGO Powder Aid D01, a multifunctional polymer additive for powder coating formulations; ingredient can be formulated with organic pigments including carbon black
Evonik Industries AG (12/05)
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Polyamide (PA)/Nylon
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Toray to begin selling nylon 6 chemically recycled fiber yarns, textiles, other products in Japan starting March 2023, with sales expected to rise 50% over next two years to 1.2 billion yen; fibers produced by Refineverse Group from recovered fishing nets
Toray Industries Inc. (12/05)
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Thermoplastics Elastomer (TPE)
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Michigan-based Chase Plastics announces it will distribute the Elastron V portfolio of thermoplastic vulcanizates; Elastron V grades are used in several markets, including automotive, medical, consumer, construction and other industrial applications
PR Web (12/02)
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Benzene
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Anellotech is offering drum-quantity product samples of aromatics produced from recycled mixed waste plastics; the recycled benzene, toluene and xylenes--known as CIRCULAR BTX--will be available to current and potential commercial partners
Biofuels Digest (12/02)
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Polymer Additives
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University of Georgia opens new off-site research facility to produce, test nonwoven materials; site includes 24-inch-wide Southern Coastal Machinery meltblown line, 6-inch-wide meltblown system to trial unique polymers, additives, charging, coatings
Industry Intelligence Inc. (12/05)
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Coatings/Adhesives
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Coatings
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Axalta announces multi-year agreement as preferred paint partner for UK-based Steer Automotive Group; Axalta will supply its premium refinish brand Standox to Steer Automotive Group’s 57 UK sites
GlobeNewswire (12/05)
Akzo Nobel completes acquisition of the wheel liquid coatings business of German company Lankwitzer Lackfabrik, a supplier of approved products for car manufacturers including Daimler, Audi, VW, Opel, Fiat and Renault
EquityBites (12/02)
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End markets
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Films/Sheets
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FLEXcon launches optiFLEX THIN ecoFOCUS, a line of downgauged versions of its other optiFLEX ecoFOCUS products; applications for the white and silver BOPP films and PE films include food and beverage, personal care and cosmetics, household chemical
FLEXcon Company Inc. (12/02)
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Plastics
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Fisher International: Global cartonboard capacity expected to rise 8% year-over-year in 2023 after rising 5% in 2021 and 3% in 2022; factors impacting growth include frozen food popularity, recycle-based packaging preference, plastic pollution awareness
Fisher International Inc. (12/05)
Democrats introduce Protecting Communities From Plastics Act to US Congress; bill would directly tackle plastic pollution crisis by cracking down on plastic production process, move economy away from over-reliance on single-use plastic
US Official News (12/05)
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Plastic Packaging
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Plastic Energy and UK-based Loughborough University open research labs, office space for investigating plastics recycling technologies; company developed proprietary Thermal Anaerobic Conversion technology to convert hard-to-recycle plastic into TACOIL
EIN Presswire (12/05)
Exeter, New Hampshire, considering a ban on single-use disposable plastics--such as bottles, containers, straws--on town-owned property; officials say a town-wide ban is not currently possible because state Legislature hasn't given authority to enact one
News-Letter, The (Exeter, NH) (12/05)
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Cosmetic & Personal Care Ingredients
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Global fragrance ingredients market size to reach US$12.25B by 2027, with CAGR of 6.36% from 2021-2027; drivers are expanding cosmetic and personal-care industry, demand for air fresheners, shift toward natural fragrance ingredients: ResearchAndMarkets
Business Wire (12/05)
Beauty products with fluorinated ingredients may also contain PFAS, according to study published in Environmental Science & Technology; study involved the purchase of 38 beauty products available from local stores in Canada and online
India Engineering News (12/02)
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Food & Beverage Ingredients
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Firmenich announces dragon fruit as 2023 flavor of the year, noting consumer interest in adventurous new flavors; fruit flavor also captures consumer interest in wellbeing
Firmenich SA (12/05)
DSM introduces Vertis Textured Pea Canola Protein, containing all nine essential amino acids; ingredient supports low-fat and low-salt formulations that mimic the texture of meat
Koninklijke DSM NV (Royal DSM) (12/05)
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Pharmaceutical Ingredients
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BASF Pharma Solutions' excipient product Soluplus has been accepted into FDA pilot program for modern excipients, or inactive pharmaceutical ingredients
BASF SE (12/05)
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Fertilizers & Plant Nutrients
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Executive Perspective: Nutrien CEO Ken Seltz warns of upcoming global shortages of fertilizer, with supplies from Russia and Belarus--two 'enormous producers of fertilizer'--becoming more limited
Canada StockWatch (12/05)
Mississippi River conditions, trucker shortages affect supply chain of materials such as fertilizer, metal, paper and steel coil to the Owensboro Riverport; freight is being diverted from to barge to rail, due to low river levels from severe drought
The Messenger (12/05)
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Additives & Flavorings
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Food additives can transfer nanoparticles that might be consumed by humans, according to research from the Universite Paris-Saclay in France
Asian News International (12/05)
Guacamole market worth US$3.24B by 2029, driven by perceived health benefit; Europe has largest market share, as guacamole is used in salad dressings, and Asia is fastest growing region, as guacamole is used to enhance flavors, textures in local cuisines
M2 PressWIRE (12/05)
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Flavors, Fragrances & Scents
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French niche line Anatole Lebreton has launched Brioche, a new limited-edition fragrance available in 50 ml eau de parfum; the gourmand fragrance features honey, wheat bran, sandalwood, hay, and buttery notes
Now Smell This (12/05)
Swedish fragrance brand Unifrom releases Solid Perfume, its newest product following its popular roll-on oil perfume oils; pocket-sized product has wax-based, alcohol- and cruelty-free formula, available in two scents--Oud and Frankincense
Hypebae (12/05)
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Paints
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Behr Paint partners with Nate Berkus and Jeremiah Brent to show how its Canadian Behr Designer Collection palette can help DIYers transform any space; Tranquil Gray DC-007, Even Better Beige DC-010 and Blank Canvas DC-003 selected as colors of choice
GlobeNewswire (12/02)
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Carbon Fibers
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Mitsubishi Chemical Group launches Composite Engineering Challenge to support startups scaling up manufacturing with lightweight carbon fiber-reinforced plastics; winner will receive support worth US$25,000 for product development
ENP Newswire (12/02)
Swiss natural fiber composites company Bcomp supplies ampliTex material to France-based ZAG Skis' SLAP collection; lightweight ampliTex flax fiber composite reinforces skis, provides 250% higher vibration damping than carbon fibers
Bcomp Ltd. (12/02)
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Synthetic Fibers
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Lenzing supplies Tencel fibers to The New Naturals collection by Sweden-based Houdini Sportswear; The New Naturals features breathable, functional fabrics made of Merino wool, Tencel lyocell fibers manufactured by Sudwolle Group
Tencel (12/05)
Natural Fiber Welding and sustainable fashion brand Unless Collective debut 'world's first' regenerative sneaker, the Unless Degenerate; decomposable sneaker is plastic-free, features plant-based leather, natural rubber, Tunera foam, tencel, coconut husk
PR Newswire (12/05)
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Nonwoven
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A.Celli Nonwovens reviews business history with Germany-based Innovatec from 2014-2020; company has supplied Innovatec with six winders for meltblown, spunbond Reicofil nonwovens lines dedicated to medical, filtration applications
A.Celli Nonwovens SpA (12/02)
Oerlikon Nonwoven to present sustainable filtration solutions at FILTECH in Cologne on Feb. 14-16; technologies include meltblown, spunbond PLA for medical masks, hycuTEC hydro-charging, bico spinning for rPET, virgin, biobased polymer cross-sections
OC Oerlikon Corp. AG (12/02)
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Stock
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Latest: Dec, 05 2022
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Latest Value |
Prev |
Chg |
YOY Chg |
Watchlist |
BASF SE (BAS) :ETR
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48.90
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47.96
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1.97%
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-18.09%
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Eastman Chemical (EMN)
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86.07
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87.52
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-1.66%
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-20.13%
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Fuller H B (FUL)
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78.06
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80.33
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-2.83%
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2.75%
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International Flavors & Fragrances (IFF)
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107.02
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107.97
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-0.88%
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-23.98%
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Lyondellbasell Industries N.v (LYB)
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83.59
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84.90
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-1.54%
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-4.33%
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Ppg Industries (PPG)
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134.52
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137.30
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-2.02%
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-16.13%
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