Taiwan’s plastics and rubber industry is confidently positioning itself on the global market. At K 2025 in Düsseldorf, the world’s largest trade fair for the plastics and rubber industry, 118 Taiwanese companies — representing the sixth largest exhibiting region — showcased their strengths in sustainable technologies and intelligent manufacturing.

With an aim to accelerate expansion into the Southeast Asian market, Lotte Chemical has developed a new petrochemical complex in Indonesia. A completion ceremony for the project was also recently held in the country.

Under a sales and purchase agreement signed between the two parties, Mitsubishi Gas Chemical will offtake approximately 1 million tons per year of ultra-low carbon methanol from Transition Industries’ ‘Pacifico Mexinol Project’ in Mexico which is expected to be one of the world’s largest ultra-low carbon methanol production projects.

With an aim to enhance global textile circularity, Indorama Ventures’ Fibers business and Jiaren Chemical Recycling have established a joint venture. The partnership is backed with a double-digit million-dollar equity investment in Jiaren’s recycling capacity.

Under the joint venture firm, Cái Mép Industrial Gases Co., PV Chem and Messer & Co. will invest approximately 35 million dollars to develop an industrial gas production plant in the Cái Mép Industrial Park in Vitenam.

Solvay aims to strengthen its rare earth supply chain in the USA by entering into a new strategic agreement with Permag and Less Common Metals. Permag will offer a stable supply of Samarium, Solvay will bring access to its mixed rare earth concentrates as well as its separation technologies to produce pure Samarium oxides and LCM will offer its metallization process expertise.

Under a multi‑year offtake agreement between Ascend Elements and Trafigura, a total of 15,000 metric tons (15 kilotons) of lithium carbonate will be delivered between 2027 and 2031.

Under a definitive agreement signed between Akzonobel and Axalta, both the companies will combine in an all-stock merger of equals to establish a premier global coatings company with an enterprise value of approximately 25 billion dollars.

For decades, Horst Groninger shaped mechanical engineering in Heilbronn-Franken and far beyond. With his courage, technical passion, and entrepreneurship, he created a family business known around the world. Now, the founder of Groninger has passed away at the age of 86.

Under a joint development agreement signed between BASF and Exxonmobil, both the companies will work together to co-develop the methane pyrolysis technology which will also include the development of a demonstration plant.