Phthalic Anhydride Companies
Phthalic anhydride is used in the production of plasticizers and resins. These companies are key players in the chemicals industry.
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Phthalic Anhydride Market
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May 2023- India's IG Petrochemicals (IGPL) manages to start setups at its 53,000 tonne/year phthalic anhydride (PA) growth plan at Taloja in the western Maharashtra state by the end of March 2024, as per the statement published by the company informant on May 12th. The enterprise is discovering the possibility of manufacturing advanced plasticizers that will utilize MA and PA as feedstock, the source said. The source revealed that the company has done progress studies on the products that the organization is planning to produce. He further revealed that IGPL is at present discovering the feasibility of generating downstream chemicals and ethanol.
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July 2023- Beckers is partnering with providers to integrate raw materials made using recycled plastic into its paints. The ability to turn waste plastic into new raw materials will promote circularity and reduce emissions. Beckers are operating in partnership with Symeres and BioBTX to generate a supply chain for sustainable aromatic monomers comprised of plastic waste. BioBTX has created a technique for transforming waste plastic into BTX, which Symeres then takes and oxidizes the xylenes into aromatic phthalic monomers, which Beckers can utilize to generate resins. The pilot involves processing mixed plastic waste into sustainable chemical building blocks and, finally, high-value products using multiple advanced sustainable chemical conversions. This includes the unique Integrated Cascading Catalytic Pyrolysis (ICCP) technology to convert mixed waste plastics and biomass into aromatics such as benzene, toluene, and xylenes. Beckers are particularly interested in xylenes, which can be oxidized to produce monomers, such as phthalic anhydride, to be used in polyester resins for coatings.
Key Players
- Shandong Hongxin Chemical Co. Ltd (China)
- IG Petrochemicals Ltd (India)
- Exxon Mobil Corporation (US)
- Nan Ya Plastics Corporation (Taiwan)
- Aekyung Petrochemical Co.
- Ltd (South Korea)
- Mitsubishi Gas Chemical Company (Japan)
- C-Chem Co. Ltd (Japan)
- Thirumalai Chemicals Ltd (India)
- Koppers Inc. (US) and
- Basf Se (Germany).
Phthalic Anhydride Market Highlights:
Phthalic Anhydride Market Highlights:
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