
Mitsui Chemicals Considers Splitting Basic & Green Materials Unit
Mitsui Chemicals has announced it is considering splitting off its Basic & Green Materials (B&GM) business.
Mitsui Chemicals has announced it is considering splitting off its Basic & Green Materials (B&GM) business.
It is important to examine the current state of bio-based polymers. This includes the rapidly growing production capacity, significant investments currently underway in China, Europe, and the Middle East, and the new political conditions in Europe that are driving demand for biodegradable polymers.
Finnish refiner Neste and South Korean chemical company Lotte Chemical agreed on a strategic collaboration to replace fossil resources with renewable raw materials in the manufacturing of chemicals and plastics. This, the partners said, will enable products and applications with a lower carbon footprint compared to those produced from fossil resources.