Specialty chemicals company LANXESS recently announced that it has successfully completed the acquisition of U.S. company Chemtura, one of the world’s leading suppliers of flame retardant and lubricant additives, earlier than originally expected, effective 21 April 2017.

The global adhesives & sealants market is estimated to reach $63.50 billion by 2021 as compared to $49.50 billion in 2016, witnessing a CAGR of 5.11% from 2016 to 2021, according to a recent market report from MarketsandMarkets.

The global isoprene market was valued at $1.93 billion in 2015, and is expected to reach $2.96 billion by 2021, witnessing a CAGR of 7.4% from 2016 to 2021, according to a recent market report from MarketsandMarkets.

According to Texas'governor, Exxon Mobil Corp. and Saudi Arabia Basic Industries Corp. (also known as SABIC) plan to build a multi-billion dollar petrochemical plant near the Texas coast.

Kraton Corporation, a leading global producer of styrenic block copolymers, specialty polymers and high-value performance products derived from pine wood pulping co-products, recently announced financial results for the quarter ended March 31, 2017.

The German Adhesives Association recently published a report on the trends in key adhesive raw materials. Demand for base chemicals reportedly remains high in Asia and the United States.

Based on a recent market research report of Technavio, the global butadiene and its derivatives market is expected to grow at a CAGR of nearly 5% between 2017 and 2021. The growing demand for tires and other rubber products is the primary factor driving the market growth.

The global styrenic block copolymers (SBC) and its derivatives market is projected to grow from 2076.31 kilotons in 2016 to 3,010.48 kilotons by 2023, witnessing a CAGR of 5.53% between 2017 and 2023, according to a recent market research report from Inkwood Research.

In the past few months, IT-based dockless bicycle sharing systems become a hot topic in Chinese cities. Numerous shared bicycles from Mobike, Ofo, Gonbike, Beefly, Xiaoming, U-Bicycle, Bluegogo, Qibei and others are introduced into most of Chinese cities and ridden by thousands of people every day. They not only save people’s time and money, but also protect the environment by reducing carbon emission.

Global thermoplastic polyurethane market was valued at $1.93 billion in 2016, and is anticipated to reach $2.84 billion by 2022, growing at a CAGR of around 6.7% between 2017 and 2022, according to a recent market report from Zion Market Research.

Covestro AG, one of the world's largest polymer companies, will raise the selling prices globally for its Desmodur® and Baytec® elastomer systems, beginning May 1st, 2017.

The global petroleum resins market is anticipated to expand at a CAGR of above 7% from 2017 to 2021, according to a recent market research report from Technavio.