Year: 2023

Ukraine Crisis Tests Maritime Transport Industry With Labor Shortage

The Russo–Ukrainian War is testing the maritime transport industry in new ways. Ukrainians and Russians account for 15 percent of…… Please subscribe to read the full story.

Sumitomo Chemical Looks to Get Sales Revenue From Battery Components to Over 100B Yen by Fiscal 2024

Sumitomo Chemical Co. Ltd. (TYO:4005) is aiming to get sales revenue from its battery components business up to 100 billion…… Please subscribe to read the full story.

China’s Economy Sees Growth Stagnate as Industry Profits Fall in March

China’s National Bureau of Statistics recently announced a 6.5 percent year-on-year increase in industry profit for the January–March quarter, looking…… Please subscribe to read the full story.

Asahi Kasei Medical to Enter Pharmaceutical CDMO Business

Asahi Kasei Medical Co. Ltd. recently announced that it will acquire California-based Bionova Scientific LLC, a CDMO for biopharmaceuticals. The…… Please subscribe to read the full story.

Toray Advanced Film Pursues Monomaterial Packaging

Toray Advanced Film Co. Ltd. (TAF) is working to establish a setup that can help facilitate film recycling. Offering film…… Please subscribe to read the full story.

New Law Marks 2022 as First Year of a Circular Economy in Japan – Part 6

With Japan now having implemented its Plastic Resource Circulation Act, there are two major changes emerging in the country’s approach…… Please subscribe to read the full story.

China Biggest Asian PVC Exporter in 2021 at 1.8 Million Tons

Chinese exports of PVC have soared. In 2021, a big freeze in February caused prices for U.S.-bound PVC exports to…… Please subscribe to read the full story.

Ube to Decide on Increasing PA Elastomer Production During First Half

Ube Corp. (TYO:4208) will make a decision during the first half of this fiscal year on whether to expand production…… Please subscribe to read the full story.

Sumitomo Chemical Set to Leave Caprolactam Business

Sumitomo Chemical Co. Ltd. (TYO:4005) is getting out of the business of polyamide ingredient caprolactam. The company has decided to…… Please subscribe to read the full story.

Situation in Ukraine Strikes Serious Blow to Europe’s Chemical Industry

Europe’s chemical industry is taking a direct hit as Russia’s invasion of Ukraine causes energy prices to surge. One particularly…… Please subscribe to read the full story.