Market News

In March 2021, Chang Chun Plastics acquired Taiwan Prosperity Chemical Corp. (TPCC) from Taiwan Cement Group for US$85 million
In June 2021, LG Chem announced that it would begin producing sustainable products at its Yosu and Iksan cracker and polymerization plants after achieving ISCC-Plus accreditation on nine products including bisphenol A
In November 2021, LG Chem began its bisphenol A (BPA) facility in According to a polymerupdate source in South Korea, the Company began operations at the factory in mid-November 2021. On October 7, 2021, the unit was shut down for maintenance. The BPA plant, located in Daesan, South Korea, has a manufacturing capacity of 165,000 Mn tons/year.
Bisphenol A (BPA) has been under scrutiny due to its potential health effects, leading to regulatory changes in several countries. For instance, the European Union banned the use of BPA in baby bottles in 2011, and in thermal paper in 2020. Similarly, the United States Food and Drug Administration (FDA) banned the use of BPA in baby bottles and sippy cups in 2012.

Bisphenol A Market Report Snapshots