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1. 2024 Asia (Greater Bay Area) International Plastics and Rubber Industry Exhibition Concludes Successfully
Summary: The three-day 2024 Asia (Greater Bay Area) International Plastics and Rubber Industry Exhibition came to a successful close at the Shenzhen Yanzihu International Convention and Exhibition Center. The event attracted over 10,000 buyers from more than 60 countries and regions and over 1,000 exhibitors, showcasing advanced technologies, innovative products, and solutions across the entire plastics and rubber industry chain, making it a highly anticipated event in and beyond the industry.
2. Global Plastic Composites Market Continues to Grow
Summary: According to data from Beziers Consulting, the global plastic composites market reached USD 74.47 billion in 2024 and is projected to grow at a CAGR of 5.4% over the next five years. Plastic composites are widely used in sectors such as automotive, construction, and electronics, particularly in automotive lightweighting and energy-saving emission reduction.
3. Borouge Deepens Collaboration with Wanhua Chemical
Summary: On July 29th, Borouge, as a member of the investment consortium, signed a project cooperation agreement with Wanhua Chemical to build a specialty polyolefin integration facility in China. Both parties will jointly advance the joint feasibility study of this project, further strengthening their cooperation in the plastics and rubber industry.
4. Clariant Expands Cooperation with Wanhua Chemical Group
Summary: Harald Schweizer, CEO of Clariant, visited Wanhua Chemical Group, where the two sides conducted in-depth discussions on new growth opportunities and expanded their cooperation scope. Clariant is committed to providing sustainable solutions for China's chemical industry, facilitating industrial upgrading.
5. BASF Achieves 100% Renewable Energy Use for Automotive OEM Paints
Summary: BASF announced that all its automotive original equipment manufacturer (OEM) paints produced in China are now powered by 100% renewable energy. This move aims to provide lower-carbon-footprint products, supporting customers in achieving sustainable development goals and fulfilling BASF's commitment to carbon neutrality.
6. Henkel Offers Sustainable Solutions for Metal Packaging Industry
Summary: With the theme "We CAN Make it Sustainable," Henkel Packaging Adhesives showcased its sustainable solutions for the metal packaging industry. These solutions aim to reduce carbon emissions throughout the packaging lifecycle, driving the industry's green transformation.
7. Chemours' Science-Based Emissions Reduction Target Approved
Summary: The Science Based Targets initiative (SBTi) approved Chemours' short-term science-based emissions reduction target. As a global chemical company, Chemours is dedicated to contributing to global carbon neutrality goals through technological innovation and emission reduction measures.
October 30, 2023
August 16, 2024
Sustained Growth in Demand for Plastic Pipes The global plastic pipe market size continues to expand, with a market value of approximately 37.34billionin2023,expectedtoexceed51 billion by 2029,...
Global Plastic Pollution Control Initiatives Accelerate: Multiple countries' experts have expressed appreciation for the "Replace Plastics with Bamboo" initiative, believing it will help reduce...
Global Plastic Treaty Negotiations: Talks on a global treaty to combat plastic pollution concluded in Nairobi with significant divisions. While many nations support strong measures, others are...
U.S. Plastics Demand Growth: The Plastics Industry Association reported a 1.4% increase in U.S. plastics demand from April to May 2024, reaching $22.8 billion. This marks a 3.5% year-over-year growth...
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October 30, 2023
August 16, 2024
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Privacy statement: Your privacy is very important to Us. Our company promises not to disclose your personal information to any external company with out your explicit permission.