Brominated Polystyrene Market, By Type (High Molecular weight BPS and Low Molecular weight BPS), By Application (Electronics, Automotive, Construction, and Others), By Geography (North America, Latin America, Asia Pacific, Europe, Middle East, and Africa)

Published In : Dec 2024

Code : CMI5027

Pages :140

Formats :

Excel and PDF

Industry : Bulk Chemicals

Key Developments

In November 2022, Albemarle announced plans to invest up to US$ 540 million to expand and modernize two bromine facilities in Magnolia, U.S. This investment aims to meet the growing demand for fire safety and specialty products across various industries including technology, safety, transportation, and green energy. Albemarle Corporation is a leading global producer of specialty chemicals, primarily serving the lithium, bromine specialties, and catalysts markets.
In November 2022, KIMYA introduced a new 3D printing filament, Kimya PC-FR, a flame-retardant, smokeless polycarbonate plastic designed for immediate use. Compliant with REACH and Restriction of Hazardous Substances (RoHS) standards, it caters to the production needs of the automotive, electronics, and railway industries. Additionally, it holds EN45545 certification, ensuring adherence to stringent fire safety requirements. Kimya is a subsidiary of the ARMOR GROUP. The company specializes in additive manufacturing, focusing on the production of technical and high-performance 3D printing filaments tailored for industrial applications.
In May 2022, Zhejiang Wansheng Co., Ltd. signed an agreement to acquire Shandong Hanfeng New Material Technology Co., Ltd. for approximately US$15.28 million. This acquisition aims to enhance Zhejiang Wansheng's position in the new materials sector. Zhejiang Wansheng Co., Ltd. Is a leading chemical manufacturer specializing in organophosphorus flame retardants, special amines, and cardanol-based curing agents and diluents.