Plastic stabilizers play a crucial role in enhancing the durability and performance of plastic products by preventing degradation caused by heat, light, and oxygen exposure. Companies in this sector focus on manufacturing stabilizers that cater to different types of plastics, including PVC (polyvinyl chloride) and polyolefins.
Plastic Stabilizer Market
November 2023-Â Westlake Global Compounds, a leading provider of specialty plastics compounds and a Westlake company, and Resinex, a leader in plastic distribution in Europe, today announced that the companies will extend the sales presence of Westlake's PVC compounds. The partnership will combine Westlake's expertise in PVC compounds with Resinex's expertise in distributing polymer solutions to extend Westlake products' access throughout the Resinex organization. The Vice President of Westlake Global Compounds, Renee Havrilla, said that Resinex is a highly respected company with a strong track record of cooperation with its customers. Together, they will be able to offer their customers a wider range of high-quality PVC compounds that meet their specific needs. He further added that they are excited to partner with Resinex with their European compounding business. Resinex is a highly respected company with a strong track record of cooperation with its customers. Together, they will be able to offer their customers a wider range of high-quality PVC compounds that meet their specific needs. The partnership will focus on the European and Turkish markets. The companies expect to begin shipping products in the fourth quarter of 2023.
August 2023-Â A leading North American market player in the engineering, design, and manufacture of aftermarket under-car replacement components, Mevotech has recently disclosed the launch of 116 new part numbers to its huge sequence. The company is known for advanced steering, wheel hub, suspension, driveline, and repair solutions.
December 2023 – HALS formulation was developed by ADEKA to increase the wearability of polyolefins used outside in civil engineering and construction, agricultural film, and artificial grass. Hindered amine light stabilizers (HALS) are often applied to plastic products for outdoor use to prevent UV-induced degradation.
April 2023 – Songwon and Omya have extended their existing partnership into Australia and New Zealand, where Omya will exclusively handle marketing, sales, customer service, distribution and logistics for Songwon’s PVC stabilizers from January 2022 onwards. In addition to Latin America where the two companies have been working together since April 1st this year
December 2022: Valtris Specialty Chemicals announces the addition of digital commerce capabilities to enhance the visibility and accessibility of their plasticizer portfolio
August 2022: Goldstab Organics has partnered with PT Brenntag as its distribution partner for Indonesia's PVC stabilizers, polymer additives and paint driers. This helped Goldstar extend its reach towards Southeast Asia and Far East customers.
August 2022: Goldstab Organics announces a new production plant in Malaysia starting up producing PVC stabilizers with an annual capacity of 18 Kt. This expansion will enable the company to serve the growing demand for PVC stabilizers in Southeast Asia and the Far East.
The most prominent key market players in the Plastic Stabilizer Market in the global market are as follows:
Plastic Stabilizer Market Highlights:
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