International News Digest: Raw Material News: Hengyi Petrochemical's profits surge over 100-fold; BASF makes significant concessions in acquisition of Evonik; Celanese raises prices Packaging News: U.S. Just Eased Tax Rebate Restrictions on Aluminum
Borouge International is expanding its capacity for mechanically recycled polyolefins in Europe. The company announced investments at its facilities in Niedergebra, Germany, and Wildon, Austria. According to Borouge, this expansion aims to meet grow
Avantium N.V. has successfully produced the first batch of furan dicarboxylic acid (FDCA) at its flagship FDCA plant in Delfzijl, marking the world’s first commercial-scale facility for FDCA production. Following the successful commissioning of all m
Gasgoo News – On October 16, Geely Holding Group (hereinafter referred to as “Geely Holding”) announced a global strategic partnership with Google. The two parties will jointly build a digital cockpit ecosystem for eligible brand models under Geely H
Rapids Paper + Packaging has expanded the commercial availability of its heat-sealable Ecova Barrier for applications requiring protection against moisture, oxygen, or grease. Ecova’s heat-sealable and functional barrier papers are designed
Covestro AG has announced plans to shut down three of its four polycarbonate (PC) production lines in Antwerp, Belgium, as well as the bisphenol A plant at the site. Citing persistent overcapacity in Asia and rising energy costs in Europe, the compa