MOSCOW (MRC) -- Business line Coating Additives of Evonik Industries AG (Essen, Germany) is expanding production capacity of ACEMATT precipitated matting agents at its Taiwan manufacturing facility, said the company.
The significant capacity increase will help meet growing demand for matting agents in Asia, with the capacity expansion expected to be completed by the second half of 2023.
"Expanding the capacity of our leading matting agents in Taiwan further underscores our commitment to the growing markets of Asia. Add a new one and to all our regional and multinational customers,” says Maximilian Morin, Head of Industrial and Transport Coatings at Evonik Coating Additives. “We are constantly expanding our position as a truly global partner for our coatings customers, offering equally high quality products from manufacturing plants in different regions. At a time of increasing logistics challenges, such an investment will directly benefit our partners and customers around the world by further improving our global supply situation."
As per MRC, the Oil Additives business line of Evonik has restructured its distribution setup for its products in CIS countries, announcing ADCO as its new distribution partner. The lubricant additives business develops formulation solutions and base oil technologies that improve fuel economy and flow efficiency of automotive lubricants for passenger cars and commercial vehicles and increase energy efficiency and productivity of industrial lubricants for construction, mining, agricultural, and manufacturing equipment.
MOSCOW (MRC) -- MEGlobal announced that its Asian Contract Price (ACP) for monoethylene glycol (MEG) will be USD820/MT CFR Asian main ports for arrival August 2022, said the company.
The August 2022 ACP reflects the short term supply/demand situation in the Asian market.
We remind, MEGlobal announced that its Asian Contract Price (ACP) for monoethylene glycol (MEG) will be US$910/MT CFR Asian main ports for arrival July 2022. The July 2022 ACP reflects the short term supply/demand situation in the Asian market.
MEGlobal is a fully integrated supplier of monoethylene glycol (MEG) and diethylene glycol (DEG), collectively known as ethylene glycol (EG).
MOSCOW (MRC) -- Berry Superfos has launched some of its top-selling thermoformed and injection stretch blow moulded food packs manufactured in recycled PET (rPET), said Packagingnews.
RPET is now available in the following Berry Superfos thermoformed pots and containers ranges: CombiPac; CombiRound; SuperLight; Spoon-in-lid and DeliPac; and the company’s injection stretch blow moulded PET range.
Roland Lingman, director sales and marketing at Berry Superfos Nordic said: “In Europe, PET is one of the most commonly used types of plastic packaging material and, fortunately, also widely recycled. Its stiffness and high transparency are valuable assets. Plus, it has good barrier protection properties. All these qualities remain intact in our rPET packaging solutions, and therefore they are suitable for many different types of food products."
The introduction of the rPET containers ties in with Berry Global’s Impact 2025. One of the Impact 2025 targets is that 100% of the company’s fast-moving consumer products will be reusable, recyclable and/or compostable by 2025. The current total is 86%.
We remind, HPC Industries LLC and Macquarie Group's Commodities and Global Markets group (Macquarie) have formed a joint venture to produce recycled polyethylene terephthalate (rPET). Under the name Circularix, the venture's plans include building and operating five recycling facilities across the U.S. with a total annual production capacity of more than 275 million pounds of rPET resin. The first facility, located in Hatfield, PA, is expected to be operational by December 2022.