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Benefiting from the promotion of spandex industry, PTMEG market demand continues to rise in the short term
PTMEG is a high-performance polyether polyol and the main raw material for the production of spandex products. The main upstream raw material is BDO. In the past five years, BDO production has been on…
A large number of styrene units will be put into operation in 2022, and the styrene industry will enter a period of overcapacity.
Styrene monomer is an important chemical raw material and the most commonly used derivative of benzene. It is mainly used in the production of synthetic rubber and plastics. Styrene monomer is current…
Ultra-high performance concrete (UHPC) has a wide range of applications and huge potential for industry development.
Ultra-high performance concrete (UHPC) is a composite material with ultra-durable properties that can adapt to the current development trend of complex and large-scale engineering structures. As a new…
LCP film industry has high technical threshold and highly concentrated market
LCP film is a more unique insulating material with the advantages of high gas barrier properties, low dielectric constant, and low moisture absorption. It is mainly used in the 5G field. In 5G signal …
The market demand for biodegradable plastics is increasing and the industry has good development prospects
Biodegradable plastics refer to plastics that are degraded by microorganisms existing in nature in the natural environment or under anaerobic digestion conditions, and are eventually completely decomp…
Songwon Group’s (SONGWON) revenue and profits declined in the third quarter of 2023
• Total consolidated sales in Q3 2023 reached KRW 247.867 billion • Gross profit margin of 14.7% • Net profit reached KRW 9.372 billion in Q3 2023 SONGWON Industrial Group released its financial resul…
After Mengbaihe was ordered by a U.S. court to pay hundreds of millions of dollars, the case was remanded for retrial.
Due to a foreign-related equity dispute, Mengbaihe, a leading software and home furnishing company, was ordered to pay US$24.7056 million to overseas distributors. This fee has since been adjusted and…

