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The Week in Chemistry: US PE contracts seen rising US$0.03/lb for January, PP producers seek US$0.03/lb contract hike in addition to cost-related increase; China recovery seen driving demand for propylene, durable plastics, paraxylene

South Korea-based fiber innovator TFJ develops Materium, a flame-retardant carbon fiber for PPE, apparel, industrial fabrics; Materium can be used as aramid fiber alternative, maintains characteristics of acrylic fiber, can be blended with other fibers

Mondelez Snapshot: Oreo, Ritz, Chips Ahoy! drive record gross profit increase of US$1.4B in FY2022; company looks to 'double down' on chocolate, biscuits, baked snacks by investing in iconic brands, focusing on operational execution and cost discipline

Glatfelter launches Sontara EC Green, a 100% cellulosic spunbond wipes substrate; substrate is compostable, can be used to manufacture low-lint fabrics, and is produced without binders, chemicals

The Week in Chemistry: US PE spot prices flat, PP prices up US$0.02/lb for week of Jan. 16; US PET imports hit 1.33 million tonnes in January-November 2022, Europe rPET prices ease from 2022 highs as large brands cut ambitious recycled packaging targets

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