If the circular economy is to replace the scale and cost advantages of the existing linear economy, it must adopt a pricing mechanism for environmental and social costs. The pricing of carbon emissions and the ESG assessment mechanism of enterprises

The ministry announced a flexible tariff operation plan for 2025, which includes a zero tariff on crude oil used for naphtha production through next year. The announcement, made on December 2, aims to ease the financial burden on the petrochemical industry that has faced declining profit in the backdrop of uncertainty in the global economy and structural over-supply.

Arkema announces it has purchased one of the leading producers of flexible packaging adhesives, Dow's Flexible Packaging Laminating Adhesives Business. That acquisition will provide ample opportunities for Arkema to substantially enhance its flexible packaging offerings and consolidate its presence in this growing, potentially very profitable market.

Zeren Group has successfully completed the acquisition of Türkiye Petrolleri (TP Petrol Dagitim AS), one of Turkey’s largest fuel retail chains, having received all necessary regulatory approvals.

PPG announced a $550 million corporate transaction for its U.S.-Canada architectural coatings business with industrial investor AIP. The acquisition resulted in a strategic review of acquisition alternatives commencing on February 26, 2024. Goldman Sachs & Co

Not long ago, major Japanese chemical companies have considered earnings reports for the fiscal year 2024, and for them to be less than what one expects. Recorded in the net is a skyrocketing harsh rise in price of raw materials. As such, sales gradually increased compared to that of last year because of upward price revisions and favorable market conditions.

Taiwan's nylon, epoxy resin, polyimide (PI) and other products have a certain status in the international supply chain. However, the key amine-based intermediates required for high-end application-end materials are monopolized by major international manufacturers, making it impossible to obtain or The limited application fields affect the industry’s opportunities to further enhance its competitiveness.

The Abu Dhabi National Oil Company unveiled the establishment of an investment house-XRG-at a whopping $80 billion, which will become part of ADNOC's low-carbon energy and chemical investments. The operations are expected to commence in the first quarter of 2025

Liu Jie, Secretary General of the China Coatings Industry Association, reported at the 2024 China Coatings Industry Information Annual Conference the development report of the coatings industry in the first three quarters of 2024. The Coatings Association predicts gradual stabilization of the Chinese coatings market in 2024

JINAN, Dec. 2, 2024 /PRNewswire/ -- From November 25 to December 1, 2024, the fifth United Nations Intergovernmental Negotiating Committee on Plastic Pollution (INC-5) was held at the Busan Exhibition and Convention Center in South Korea.

Sparc Technologies claims that waterborne coatings with added graphene have better corrosion protection than solventborne coatings with added graphene, while waterborne coatings are more environmentally friendly.

Beckers Group announces the opening of FutureLab in Liverpool, UK. This state-of-the-art facility will drive the development of next generation coil coatings. The new building effectively doubles the capacity of Beckers’ long-standing development division. This enhances the company’s ability to produce more sustainable coatings.

AkzoNobel has installed one of the automotive industry’s first hydrogen-powered paint booths at a new training center in Belgium. The groundbreaking facility, located near Brussels, is part of a multi-million-euro initiative to expand and upgrade the company’s network of more than 40 Automotive Training Centers (ATCs) around the world.

Arxada announced that it will be exhibiting at ChinaCoat 2024 in Guangzhou, China from 3-5 December 2024, and invites attendees to visit Booth 2.1 B15. Arxada will be presenting its portfolio for paints & coatings, marine antifouling, and wood protection, as well as the value-added services, resources, and other benefits the company brings to customers in China and globally

Taking inspiration from traditional architectural stucco coatings, the University of Massachusetts has developed a practical and environmentally friendly method that can be applied to most fabric materials to impart cooling capabilities