Japan's Asahi Kasei will cease production of polyethylene resins by March 2030. Currently, the company manufactures low-density polyethylene (LDPE), ethylene vinyl acetate (EVA) and high-density polyethylene (HDPE) under the Suntec-LD and Suntec-EVA, and Suntec-HD and Creolex brands. Creolex HDPE is produced using metallocene catalyst technology. Creolex metallocene HDPE grades exhibit excellent thermal stability and are additive-free in certain formulations. The materials co

SABIC has the signed two strategic transactions to divest its European Petrochemicals (EP) business to AEQUITA and its Engineering Thermoplastics (ETP) business in the Americas and Europe to MUTARES, for a total combined enterprise value of $950 million. SABIC’s EP business produces and markets various petrochemical and plastic products: ethylene, propylene, low- and high-density polyethylene (LDPE, LLDPE, and HDPE), polypropylene (PP), and value-added polymer compounds, and

The U.S. Plastics Pact (USPP) today released a new position paper on the role of physical and chemical recycling in a circular economy, offering science-based, consensus-driven guidance to policymakers and industry leaders. Developed with input from the full plastics value chain, the position provides clarity on how these technologies can help address hard-to-recycle plastics, while ensuring that they do not displace reduction, reuse, or mechanical recycling efforts. “Too of

The spate of green-tinged announcements from South Korea's petrochemical sector continues. Following on from its rebranding, SK Geo...