Looking back at 2024, the global chemical market faces reshaping. China's exports of bulk chemicals are up, while imports are down. In Europe, by contrast, imports of chemical products have increased and exports have decreased. Global chemical industry profits are depressed, but high-end chemical margins remain stable. Looking forward to 2025, although the international chemical market faces challenges such as overcapacity and international trade barriers, the overall momentum is still stable and good, production capacity will increase rapidly, and the global trade pattern will continue to change.

On March 6, 2025, Sumitomo Chemical announced that it will start selling its polymer material, polymethyl methacrylate (PMMA), which is made from methyl methacrylate (MMA) monomers produced through chemical recycling. South Korea's LG Display and Japan's Nissan Motor have decided to use this chemically recycled material in their products.

March 6, 2025 - Lummus Technology, a global provider of process technology and value-driven energy solutions, and Resynergi, a leading innovator in modular plastics recycling technology, announced the commercialization of Resynergi's continuous microwave assisted Pyrolysis (CMAP) module. Lummus Technology and Resynergi formed this partnership in 2024 and have made rapid progress in developing and commercializing the CMAP technology, which converts plastic waste into cyclic pyrolysis products at a significantly higher rate and efficiency than traditional pyrolysis methods.

UBE Corporation announced that it held a groundbreaking ceremony for dimethyl carbonate (DMC) and ethyl methyl carbonate (EMC) plants in Louisiana, U.S., on February 13. The ceremony was attended by approximately 180 people, including many government officials, local communities, and builders. UBE Corporation President and Representative Director Masato Izumihara, Representative Director and Senior Executive Officer Yuki Nishida, and relevant persons in charge of UBE C1 Chemicals America, which will produce DMC and EMC in the United States, attended the ceremony.

Network Rail is updating a section of rail track that runs through a busy main station on the south coast of England with more durable fiber-reinforced polyurethane foam (FFU) sleepers. These fiber-reinforced polyurethane foam (FFU) sleepers are manufactured by Sekisui (Water Chemistry) in Japan.

Chemists at the University of Reading, UK, working with Domino Printing Sciences, have developed a new polyurethane adhesive that allows for clean label removal. The adhesive could help produce better quality recycled plastics.

Transparent engineering plastics generally refer to a class of engineering plastics with excellent optical transparency, low yellowness index and haze, which can be processed by molding, injection, extrusion, 3D printing and other molding processes, and are mainly used in the manufacture of optical components.

Thermoplastic elastomer is an environment-friendly low-carbon composite material with the characteristics of rubber (high elasticity, compression permanent deformation, etc.) and the processing characteristics of plastics (simple process).

Plastic additives are some compounds that must be added to improve the processability of polymers (synthetic resins) or to improve the performance of the resin itself.

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