Market News
Recent Developments
New product launches
- In January 2023, BASF is chemical company launched its new line of ethanolamines, which are used in a variety of applications, including personal care products, plastics, and pharmaceuticals. The new line includes a variety of ethanolamines with different properties, making them suitable for a wide range of applications.
- In February 2023, DuPont is a chemical manufacturing company launched its new line of bio-based ethanolamines, which are made from renewable resources. The new line is designed to meet the growing demand for sustainable and environmentally friendly products.
- In March 2023, Eastman Chemical Company launched its new line of vinyl acetate monomers (VAM), which are used to make a variety of products, including plastics, paints, and adhesives. The new line is made from ethanol, making it a more sustainable option than traditional VAMs.
Acquisition and partnerships
- In 2020, DuPont and Tate & Lyle formed a joint venture to develop and commercialize new ethanol-based products. This joint venture is focused on developing products that can be used in a variety of industries, including the food, beverage, and industrial sectors.
- In 2021, POET Biofuels and Green Plains Energy announced a partnership to develop and build a new ethanol plant in Iowa. This plant will be the first in the United States to produce cellulosic ethanol, which is a type of ethanol that is made from non-food feedstocks.
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