- At present, the market price of liquid alkali is stable and fluctuates slightly, and the market price in some areas continues to decline; on-site supply remains relatively stable. Affected by weak demand, some companies are under pressure to store and export. In addition, the main alumina plant announced that the price of purchasing liquid alkali has been reduced by 20 yuan. / ton, which has a negative impact on the liquid alkali market. Downstream and traders are cautious. The liquid alkali market is expected to be stable in the short term, and there are still downward expectations.
- Covestro has further advanced its localization and sustainability efforts in the Asia Pacific region and started producing a partially bio-based coating raw material that is widely used in construction and infrastructure applications.
- China National Petroleum Corporation Economic and Technological Research Institute (a national high-end think tank) and S&P Global jointly held the 2024 (11th) International Energy Development Summit in Beijing.
- Rodda Paint Company, in partnership with the Cloverdale Group based in Surrey (BC), Canada, announced the acquisition of Miller Paint Company, an esteemed ESOP (employee-owned company) deeply rooted in the Pacific Northwest since 1890.
- As a trusted partner in color and design, Florida Paints released its 2025 color trend palette. Aptly named “Natural Beauty,” the palette is made up of 12 thoughtfully curated colors that capture the story of Florida’s sand, sea, glades and groves.
- The Institute of Technology of Nagoya in Japan has induced a process that can synthesize a moistened molybdenum oxide and carbon composite particles at normal temperature and in limited time.
- NOF has developed water-repellent and oil-repellent products that do not contain perfluoroalkyl substances (PFAS) and silicone, including types with excellent long-term water repellency and types with both water-repellency and oil-repellency.
- PCC announced the development of a chlor-alkali facility to be built and operated at the Chemours titanium dioxide (TiO2) plant in DeLisle, Mississippi, USA, and PCC and Chemours have a chlorine supply agreement that is subject to certain customary conditions precedent.
- Emirates Biotech announced that it has selected Sulzer, Switzerland as the technology provider for its upcoming polylactic acid (PLA) production plant in the United Arab Emirates.
- German government released the National Circular Economy Strategy, which outlines Germany's vision of a transitory circle economy for various spheres of life and combines the existing strategic approaches toward raw materials policies for such formulation.
- NHK Spring Co., Ltd. (NHK Spring), a top manufacturer of industrial machinery and equipment, has announced that it will stop producing and selling all chemical products, especially specialty polyurethane foam products, by the end of March 2025.
- To address increasing global demand for ingredients with higher performance paired with an enhanced safety and sustainability profile, Advancion announces the commercial launch of a next-generation portfolio of multifunctional additives based on its new aminoamyl alcohol technology platform.
- INX International announces a brand extension for INXhrc™ RC natural-based inks - a new UV/LED dual cure low-migration formulation for plastic and foam-based packaging joins the tried-and-true UV curable formulation. Both offer a series of operational, regulatory, and sustainable benefits for brand owners and printers.
- Sustainable aviation fuel (SAF) accounts for less than 1% of aviatic fuel consumption, while aviation fuel generates 3% of global greenhouse gas emissions. Methane arrested anaerobic digestion (MAAD) technology developed by ANL converts high-concentration organic wastewater into volatile fatty acids and generates SAF.