Speaking on the need to develop downstream industries to complete the value chain, Ajami emphasized that despite accounting for just 25% of Iran’s total exports, the petrochemical sector has met half of the country’s foreign currency needs in recent years. “Without financing and investment, developmental projects cannot be realized,” he said, urging regulatory bodies to […]

The KHS Group, a manufacturer of filling and packaging systems, has teamed up with Husky Technologies to launch a new polyethylene terephthalate (PET) bottle that is said to be 30% lighter than traditional versions. This innovation was initially showcased as a feasibility study at drinktec 2017, featuring a bottle that weighs around 5g with a […]

From 8 to 15 October 2025, K in Düsseldorf will again become the main stage for the international plastics and rubber industry – making an unmistakable statement with its motto “The Power of Plastics! Green – Smart – Responsible”. This motto reflects the industry’s current values and targets, and underlines that plastics form an indispensable […]

Chevron Phillips Chemical (CPChem) has announced that the shareholders of Chevron Phillips Singapore Chemicals (CPSC) have agreed to sell 100% of their shares to Aster Chemicals and Energy through its affiliate Chandra Asri. Aster is a joint venture (JV) company between Chandra Asri and Glencore. CPSC owns and operates a high-density polyethylene manufacturing facility on […]

Mohammadreza Aref made the remarks during a meeting with Niger’s Oil Minister Sahabi Oumarou, on Tuesday. He stated, “We strongly support the strategy of expanding relations with African countries based on shared interests and cooperation. Given our strong political, regional and international ties, as well as our common stance on Palestine and Lebanon, Niger is […]

The global rubber market is driven by various end-use industries whose robust growth will be sustained in 2025. The global rubber market size, valued at US$ 46.95 billion in 2023, is expected to expand at a compound annual growth rate (CAGR) of 5.08% from 2024 to 2030, according to a Grand View Research report “Rubber […]