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Global silicone market is estimated to reach $24.95 billion by 2027

The report provides a detailed analysis of the competitors in the market. It covers the financial performance analysis for the publicly listed companies in the market. The report also offers detailed information on the companies’ recent development and competitive scenario. Some of the companies covered in this report are Wacker Chemie, Shin-Etsu Chemical, Elkem, Dow Chemical Company, Momentive, Gelest, KCC, Evonik Industries, Innospec, Specialty Silicone Products, Reiss Manufacturing, Siltech, etc.

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European Union proposes law to ban agriculture products linked to the destruction of forests

The European Commission, which proposes EU laws and supervises the way they are enacted, suggested last year that the legislation covered soy, cattle, palm oil, wood, cocoa and coffee.
Under the position adopted Tuesday, lawmakers also want to include pig meat, sheep and goats, poultry, maize and rubber, as well as charcoal and printed paper products.

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Teijin Frontier launches world’s first tire cord made from eco-friendly adhesive and recycled polyester

Teijin Frontier Co., Ltd., the Teijin Group’s fibers and products converting company, announced that it has developed an eco-friendly tire cord made from an adhesive that does not contain resorcinol formaldehyde (RF), which is harmful to the human body and the environment, and also incorporates a low-environmental impact chemically recycled polyester fiber for rubber reinforcement. According to the company, this is the world’s first commercialization of a tire cord that combines an RF-free adhesive and a chemically recycled polyester fiber.

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Kordsa announce $20 million expansion of North American facilities

Kordsa has decided to expand the tire cord dipping line at its North American facilities to meet the increase in demand of tire manufacturers. The additional dipping line will be implemented at the facility through an investment of USD20 million, which is anticipated to become operational in 2024. The new investment will boost the Company’s annual cord fabric production capacity by 19 kilotons

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Mitsui Chemicals to build new elastomers plant in Singapore

Mitsui Chemicals, Inc. announced plans to bolster capacity at its Singapore-based wholly owned subsidiary Mitsui Elastomers Singapore Ltd. by building a new plant to produce the high-performance elastomer Tafmer. The new plant will be located at the company’s Jurong Island plant site and will add 120,000 metric tons per year (m.t./yr) of Tafmer capacity once the plant is complete in 2024.

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