Market News
UV Absorbers Market: Key Developments
- In June 2019, Shenzhen Xingshengdi New Materials Co., Ltd. used the plastic addictive for producing 5G base stations for major international telecommunications companies. The plastic additives of BASF shields the base stations from UV light. The company has been successful in developing UV absorbers, which were capable of stabilizing plastics against the UV radiations.
- In Dec 2018, SONGWON Industrial Co., Ltd. entered into a partnership with Disheng Technology Co., Ltd. for the production of some of its comprehensive range of UVA light stabilizers.
- In June 2018, Clariant AG entered into partnership with Beijing Tiangang Auxiliary Co. Ltd. For starting a facility of production of plastics and textile stabilizers. This joint venture is focused on combining the technology and production knowledge of both companies for providing process and light stabilizers.