my country’s SBR binder import demand is high and there is huge room for localization in the future
Water-based binders mainly include poly(PTFE) emulsion, styrene-butadiene (SBR) emulsion, water-based polyacrylate (PAA) emulsion, etc. Among them, SBR is the most widely used water-based binder and i…
my country’s MDI production capacity is overcapacity and the market sentiment is low in the short term
Diphenylmethane diisocyanate (MDI) is the main material for the production of polyurethane. Polyurethane has excellent performance and is one of the six major plastics. It can be used to produce produ…
Benefiting from the promotion of spandex industry, PTMEG market demand continues to rise in the short term
PTMEG is a high-performance polyether polyol and the main raw material for the production of spandex products. The main upstream raw material is BDO. In the past five years, BDO production has been on…
A large number of styrene units will be put into operation in 2022, and the styrene industry will enter a period of overcapacity.
Styrene monomer is an important chemical raw material and the most commonly used derivative of benzene. It is mainly used in the production of synthetic rubber and plastics. Styrene monomer is current…
Songwon Group’s (SONGWON) revenue and profits declined in the third quarter of 2023
• Total consolidated sales in Q3 2023 reached KRW 247.867 billion • Gross profit margin of 14.7% • Net profit reached KRW 9.372 billion in Q3 2023 SONGWON Industrial Group released its financial resul…
South Korea’s CJ has developed PLA + PHA coated paper, which can be used in microwave ovens
On November 27, South Korea’s CJ CheilJedang announced that it has developed a new product using biodegradable bio-based material PHA. “Compostable coated paper technology”. This is the fi…
American Chemistry Council (ACC) predicts ‘modest recovery’ for chemicals industry in 2024
The American Chemistry Council (ACC) said in its latest outlook report that it expects U.S. economic growth to slow in the coming year. The report said: “The momentum driving U.S. economic growt…
Covestro releases five major coating solutions to drive green transformation in multiple industries
● The degree of localization of R&D and production continues to increase ● Covers four major fields: rail transit, infrastructure, printing and packaging, and industrial painting. ● Cooperated wit…
52 species! The 2024 edition of the first batch of application guidance catalog for new materials shows significant changes in advanced chemical materials
Recently, the website of the Ministry of Industry and Information Technology publicly solicited opinions on the “Guidance Catalog for the First Batch Application Demonstration of Key New Materia…