With the high price of styrene, the main raw material, has fallen, the theoretical profit of ABS has finally “turned from negative to positive” (see Figure 1). It’s not easy, imagine the tragedy of petrochemical enterprises at the beginning of the year when they lost 1K in the production of one ton of blood, and…
SABIC announces VALOX HX325HP resin, a new high-performance medical-grade injection-molded polybutylene terephthalate (PBT) resin. Developed for high-precision components such as those for insulin delivery pens, insulin pumps, autoinjectors, and continuous glucose monitors, this new resin combines superior processability with high chemical resistance and proven biocompatibility.
FORVIA, the world’s seventh-largest automotive technology supplier, made its debut at CHINAPLAS and joined its subsidiary MATERI’ACT, a company dedicated to the development and production of sustainable materials, to uphold the concept of “energy saving, emission reduction, and carbon neutrality”, and to promote green “new quality productivity” and actively shape a sustainable future. Open up…
INEOS has completed the acquisition of its Bayport Underwood plant in LyondellBasel, USA. According to earlier reports, through the acquisition, INEOS acquired a 420,000-tonne ethylene oxide plant, a 375,000-tonne ethylene glycol unit and a 165,000-tonne ethylene glycol ether unit, as well as all related third-party businesses at the site. The purchase is valued at approximately…
SCI Polypropylene Market Monthly Report (Apr 2024)