15-05-2023
Solvay Opens New Application Development Laboratory in China
Solvay, a global market leader in specialty materials, has officially opened another application development lab (ADL) in Shanghai to expand the global footprint of its research and innovation capabilities. The opening ceremony of the new lab on May 12th was attended by Solvay’s Chief Technology Officer Nicolas Cudré-Mauroux and Andrew Lau, Senior Executive Vice President of the company’s Materials global business unit, and Francesco Triulzi, Head of Application Development Labs, Solvay Materials.
12-05-2023
SONGWON Industrial Group releases Q1/2023 financial results
SONGWON Industrial Group (www.songwon.com) today released its audited financial results for the 1st quarter of 2023. The Group reported a decline in revenue of -21.1% in Q1/2023 (267,167 Million KRW) compared to sales generated in Q1/2022 (338,433 Million KRW). SONGWON’s gross profit margin in the first 3 months of 2023 was 15.4%, a decrease of -11%-points when compared to the same period of the previous year (26.4%). Net profit in Q1/2023 was 10,626 Million KRW, lower than in Q1/2022 (43,427 Million KRW).
11-05-2023
Archroma puts sustainability in the spotlight at Bangladesh Denim Expo 2023
Archroma, a global leader in specialty chemicals towards sustainable solutions, is set to showcase its range of eco-conscious denimwear solutions at the upcoming Bangladesh Denim Expo. Brands and textile mills visiting the international fair in Dhaka from May 16 to 17 will be able to explore the company’s full suite of denim solutions, including an innovative new black coloration system.
11-05-2023
Blovelight selects SABIC’s ULTEM™ resin for its integrated, single-mode WDM modules, helping to expand data center capacity
SABIC, a global leader in the chemical industry, collaborated with China’s Blovelight, Ltd., to develop one of the first integrated, single-mode fiber optic lens arrays that are well-suited for a wavelength-division multiplexing (WDM) module. A WDM module enables simultaneous transmission of multiple wavelengths of light over a single fiber, achieving a significant increase in bandwidth capacity. This innovative design uses SABIC’s ULTEM™ resin, a near-infrared (IR)-transparent, high-heat polyetherimide (PEI) material, to mold an integrated connector (previously metal) and receiving lens array (previously glass) and provide a housing for the WDM component. By enabling part integration and avoiding secondary operations, the SABIC resin helps to make single-mode WDM communications more affordable. Blovelight’s module not only reduces costs vs. individual parts made with glass or metal, but also streamlines manufacturing and assembly.
10-05-2023
Mondi to modernise its Dynäs kraft paper mill in Sweden
Mondi, a global leader in sustainable packaging and paper, is upgrading its Dynäs pulp and paper mill in Sweden. The modernisation programme will increase efficiency and further improve the overall environmental performance of the mill, positioning it well to continue meeting customer demand for sustainable paper and paper-based packaging solutions.
09-05-2023
SABIC opens European Pipe Innovation Center at Geleen
SABIC, a global leader in the chemical industry, officially opened its European Pipe Innovation Center today. The new Center is located near SABIC’s manufacturing site at Geleen, The Netherlands, and compliments the company’s existing Pipe Innovation Centers in Saudi Arabia and China. With customized pipe material development, testing, sampling and validation capacities, it will enable SABIC to collaborate with European pipe manufacturers closer and more effectively than ever before.
08-05-2023
SABIC, Estiko Packaging Solutions and Coldwater Prawns of Norway introduce frozen foods packaging with ocean bound plastic content
SABIC, a global leader in the chemical industry, has joined forces with Estiko Packaging Solutions and Coldwater Prawns of Norway to develop and implement a highly sustainable new packaging pouch for frozen prawns. The pouch is made from a multi-layer film produced by Estiko Packaging Solutions using a circular certified random polymer grade of SABIC® PP QRYSTAL with an ocean bound plastic (OBP) content of around 60%. Contributing to the recovery and reuse of OBP, the innovative packaging solution reflects the partners’ overall commitment to sustainability and complies with the United Nations’ Sustainable Development Goal #14 for ‘Life Below Water’.
05-05-2023
Innovative cosmetics refill containers from Stella McCartney beauty made with up to 90% of SABIC’s certified renewable polymers
SABIC, a global leader in the chemical industry, has joined forces with Stella McCartney Beauty and three renowned French plastic converters (Texen, Leygatech and STTP Emballage) to create a set of innovative new skin and eye care refill containers produced with certified renewable polymers from SABIC’s TRUCIRCLE™ portfolio. The containers, which have already been introduced in the market in North America and the United Kingdom, are considered a global breakthrough in responsibly sourced and implemented cosmetics packaging.
