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BASF decides to carry out a share repurchase program of up to 3 billion euros
Time of Update: 2023-01-23
. The share repurchase program is based on the authorizing resolution of the Annual General Meeting of Shareholders of BASF Europe on May 12, 2017, which authorized the Executive Board to purchase up to 10% of the issued shares (10% of the company's share capital) until May 11, 2022 .
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Slovakia launches new deposit rebate system
Time of Update: 2023-01-23
This ensures that the container can be recycled into new bottles and cans,Additionally, implementing such schemes elsewhere has resulted in a 30-84% reduction in beverage waste, depending on the deposit value .
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Nexeo Plastics and Wanhua Chemical announce collaboration in Benelux, UK, Ireland and Spain
Time of Update: 2023-01-23
Nexeo Plastics, the world's leading distributor of thermoplastic resins, has agreed to cooperate with Wanhua Chemical, a world leader in the production and sales of polyurethanes and petrochemicals, to distribute Wanhua Chemical's TPU polyesters, polyethers in the Benelux, UK, Ireland and Spain* , polycaprolactone, polycarbonate and aliphatic TPU Wanthane® brands .
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Malaysian Palm Oil Board (MPOB) develops eco-friendly bio-based polyols
Time of Update: 2023-01-23
PolyolIn a recent statement, MPOB said: The palm-based polyols developed include Pioneer series palm oil-based polyols, fatty acid-based polyols, waste edible oil-based polyols; PolyFAME series fatty acid methyl ester-based polyols, acrylic acid ring polyols Oxidized palm oil polyols and co-polymer polyols .
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Mars Pet Products Company's Sheba Brand Will Use Certified Recycled Plastics From SABIC Trucircle Portfolio
Time of Update: 2023-01-23
An important milestone for our target Marco Hilty, President of Huhtamaki's Flexible Packaging Business Unit, said: "Successful processing of recycled polymers into high-quality, tear-resistant wet retort packaging films on an industrial scale is the key to achieving over 80% of our raw materials being renewable or recyclable.
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Formosa Plastics Group cooperates with Korean carbon fiber recycling enterprises
Time of Update: 2023-01-23
This makes recycling technology a hot topic of concern "Since the establishment of the company, many companies have sent letters to seek technical cooperation," said Jeong Jin-ho, CEO of CATACK-H, in an interview.
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H135 Helicopter Replaces Aluminum Structural Parts with Carbon Fiber Reinforced Polymer
Time of Update: 2023-01-23
Airbus successfully replaced the original aluminum alloy ring frame of the H135 helicopter with carbon fiber reinforced polymer (CFRP) using a multi-piece preform and a one-time infusion process .
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Pepsi: U.S. recycling rate drops, brand owners' demand for PCR surges, and RPET prices hit record highs
Time of Update: 2023-01-23
S. composting ecosystem with the goal of increasing recycling rates for compostable food packaging and driving the best ways to achieve circular outcomes In 2021, PepsiCo became a founding partner of the Closed-Loop Partners Composting Alliance, which brings together key voices in the U.
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Single-material touch screens, recycled plastic switch housings... In order to reduce carbon, consumer electronics have multiple spells
Time of Update: 2023-01-23
. Covestro will showcase the Nighthawk demonstrator with integrated screen at CES 2022 in partnership with Finnish electronic injection molding structural technology company TactoTek to demonstrate the wireless possibilities of smart surfaces .
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Tilley-Phoenix Group Completes Acquisition of Callahan Chemical Company
Time of Update: 2023-01-23
Tilley-Phoenix Group, a leading specialty raw material distributor and value-added service provider in the United States and a portfolio company of SK Capital Partners ("SK Capital"), announced on January 4 the acquisition of Callahan Chemical Company ("Callahan"), a company that is a regional distributor of quality raw materials and compounds serving a variety of end markets including food and beverage, personal care and cosmetics, pharmaceutical and nutritional, HI&I (home institutional and industrial) and CASE (coatings, adhesives, sealants and elastomers) .
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Hankuk Carbon wins another contract for Hyundai Heavy Industries LNG cargo hold insulation material supply
Time of Update: 2023-01-23
In July this year, the company signed a supply contract with Hyundai Heavy Industries and Hyundai Samho Heavy Industries respectively for the supply of ultra-low temperature insulation materials for LNG cargo tanks, with a total contract value of about 139.
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BASF announces divestiture of one of its production sites to Clariant
Time of Update: 2023-01-23
On December 28, BASF announced that it had reached an agreement to divest its Quincy, Florida production site and related attapulgite business to Clariant for $60 million .
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British company AMT announces 3D printing partnership with Mitsubishi Electric
Time of Update: 2023-01-21
It only takes 90 to 120 minutes to print out the parts that can be used, and the printer can automatically refill consumables And multiple parts made of the same material and the same requirements can be processed at the same time, and the fineness can be selected.
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LyondellBasell and Sinopec Sign Memorandum of Understanding to Establish Joint Venture to Produce Propylene Glycol Ether in China
Time of Update: 2023-01-21
Notably the semiconductor industry, where propylene glycol ether is a key component in the semiconductor production supply chain, this The world-scale facility will support the growth of semiconductor manufacturing in China and the rest of Asia ," said Torkel Rhenman, executive vice president of LyondellBasell's Intermediates & Derivatives and Refining division.
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EVBox Group to use mass-balanced polycarbonate from Covestro for electric vehicle charging infrastructure
Time of Update: 2023-01-21
Pay close attention to the life cyclePay close attention to the life cycleWijnand Diemer, Senior Director Product Management at EVBox Group, explains: “It is very important for us to consider the entire life cycle of the charging station right from the start of its development and design .
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INEOS Styrolution USA receives ISCC PLUS certification for sustainable plastics
Time of Update: 2023-01-21
S. Sustainability Commercial Manager, INEOS Styrolution, said: “Just as polystyrene enables innovation in global industry, so does its associated recycling technology Cassie Bradley, U.
S. Sustainability Commercial Manager, INEOS Styrolution, said: “Just as polystyrene enables innovation in global industry, so does its associated recycling technology .
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Nearly $1,500 Tom Ford Automatic Watch Made of 100% Ocean Plastic
Time of Update: 2023-01-21
For the first time, Tom Ford has equipped the latest watch model in its Ocean Plastic collection with an automatic movementThe watches feature a rotating bezel, Super-LumiNova coated numerals and hands, a Swiss-made automatic movement with date function, sapphire crystal and a screw-down crown that contributes to 100-meter water resistance .
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Master Releases New Hot Runner Technology that Reduces Warpage by 90%
Time of Update: 2023-01-21
The world's leading hot runner company, Mold-Masters, recently launched a hot runner SYMFILL technology that can be applied to injection molding of blood collection tubes .
The world's leading hot runner company, Mold-Masters, recently launched a hot runner SYMFILL technology that can be applied to injection molding of blood collection tubes .
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Celanese Announces Completion of Acquisition of ExxonMobil Santoprene TPV
Time of Update: 2023-01-21
As part of the deal, Celanese acquired the following assets:The company announced the acquisition of the Santoprene business in June 2021 for a total purchase price of $1.
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SABIC Releases New Study on Automotive Rear Quarter Window Explores LEXAN™ Resin Benefits for Conformity, Styling and Aerodynamics
Time of Update: 2023-01-21
"Curved cladding, replacement of cover plates, integration of lights and more new conceptsCurved cladding, replacement of cover plates, integration of lights and more new conceptsMany of SABIC's design concepts use LEXAN resin for curved cladding that seamlessly integrates with the rest of the vehicle, while integrating accessories such as rear lighting, door locks, D-pillar trim, and even a sunroof .
