Huntsman and Shanghai Chlor-Alkali Chemical Co. Ltd. (SCAC) recently announced plans to double the diphenylmethane diisocyanate (MDI) splitting capacity of their joint venture company.
While the easier approach might be to look the other way and let a handful of impacted manufacturers fight this battle alone, I'm not sure it would be a wise one.
The world’s growing population and wealth, combined with raw materials scarcity, influence the adhesives market. Manufacturers are searching for bio-based solutions in order to reduce reliability on scarce raw materials and improve the carbon footprint of their products.
Researchers have identified a number of global trends that will have an impact on the adhesive business. One major trend is to use energy more efficiently—both to protect the environment by reducing carbon emissions and from a basic cost-of-energy standpoint.