MARKET & ECONOMY​

Wacker Chemie AG is expanding its existing production plants for polymeric binders in Germany. The Munich-based chemical group is currently building another dispersion reactor with an annual capacity of 60,000 metric tons at its Burghausen site.

As a part of its move to establish a textile park, the regional office of Maharashtra Industrial Development Corporation?s (MIDC) has acquired 113 hectares of land at Sayane near Malegaon. A proposal for infrastructural development has been sent to the head office for approval.

Lenzing has developed a new fibre based on cotton scraps and wood christened Refibra, which is the first cellulose fibre featuring recycled material on a commercial scale

Worldwide flame retardant consumption in construction applications is projected to increase 3.2 per cent per annum through 2020 to 803,000 metric tonne. Between 2010 and 2015, gains were fueled primarily by a rebound in US construction spending, as well as double-digit gains in the Chinese market.