Chemical sector: Geo-political uncertainty and economic slowdown continue to stymie momentum


Chemical sector plays a vital role in the industrial growth of any geographical region. As the fallout of economic recession continue to ebb, global economic recovery is being supported by increased industrial production in the world. Although, the recovery is not consistent across the globe, many South American countries are still grappling with economic uncertainty. While the global chemical sector is witnessing an exponential growth, South American chemical sector is in a state of sluggish growth. Read more

 

Whether bio-based transparent polyamides or medically approved elastomers: The worldwide leading speciality chemical company from Germany, Evonik takes advantage of its expertise in polymer design to unite safety, function, and design in eyewear. They’re lightweight, colourful, and absolutely safe: a cute colourful pair of children’s glasses. A sophisticated combination of materials—TROGAMID® Terra, a transparent, microcrystalline biopolyamide. Read more

 

Sabic has completed the pilot operation of the methyl methacrylate monomer (MMA) and polymethyl methacrylate (PMMA) plants and the commencement of commercial operations. The plants are operated by The Saudi Methacrylates Co (SAMAC), a 50:50 joint venture between Mitsubishi Chemical Corporation and Sabic. The MMA plant has a 250,000-metric-ton annual capacity, while the PMMA plant has an annual capacity of 40,000 metric tonnes. These new high-value products will diversify materials used in industrial clusters, thus allowing expansion and further diversification in Saudi Arabia’s industrial sector. Read more

 

While looking at products the first thing that meets our eye is the coating. Without the coatings, most of the products would not be saleable and the product lives could be shortened significantly. Coatings are mostly used for two functions – decorative and protective, which have major economic implications. Of the global coatings market, nearly 45 percent are used to decorate and protect new construction as well as to maintain existing structures. Read more

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