#LG Polymers Plant

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Ethylene Vinyl Acetate Market Global Demand Analysis & Opportunity Outlook 2035

Research Nester’s recent market research analysis on “Ethylene Vinyl Acetate Market: Global Demand Analysis & Opportunity Outlook 2035” delivers a detailed competitors analysis and a detailed overview of the global ethylene vinyl acetate market in terms of market segmentation by type, application, end-use industry, and by region. 

Growing Agriculture Activities to Boost the Growth of the Global Ethylene Vinyl Acetate Market

The global market for ethylene vinyl acetate is set to grow on account of growing agriculture activities. EVA is a component of agrochemicals such as pesticides, insecticides, and herbicides. The main benefits of using EVA include requiring fewer soil applications, providing plants with a constant and frequent supply of nutrients, reducing nutrient loss due to leaching, being easier to handle than fertilizers, helping to prevent root damage caused by high salt concentrations, and lowering production costs.

Additionally, a large increase in demand for ethylene vinyl acetate resins from the paper and packaging industries is the primary driver driving the expansion of the global market for these resins. Additionally, the creation of bio-based ethylene vinyl acetate resin, an environmentally friendly substance, is anticipated to open up significant market expansion prospects throughout the projection period. The market is expected to have slower growth as a result of the increasing accessibility of low-cost substitutes such as linear low-density polyethylene (LLDPEs).

Some of the major growth factors and challenges that are associated with the growth of the global ethylene vinyl acetate market are:

Growth Drivers:

Rise in the Use of Ethylene Vinyl Acetate in Footwear

Growth in the Application of Ethylene Vinyl Acetate in the Packaging Sector

Challenges:

Unfortunately, a growing number of firms are currently experiencing the drawbacks of EVA. In addition, EVA (Ethylene Vinyl Acetate) is a wear-resistant polymer, but when processing temperatures are too high, it can release corrosive breakdown products. As a result, market demand is geared towards restraint.

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By end-use industry, the market for ethylene vinyl acetate is segmented into pharmaceutical, packaging, building & construction, agriculture, and footwear. Out of these, the footwear segment is estimated to have significant growth over the forecast period. In order to make vegan shoes, EVA is now widely used. The name of the plastic made by fusing ethylene and vinyl acetate is EVA. They combine to create a material that can be used to create the soles of EVA trainers. It is also recognized as an environmentally friendly material because it doesn't use chlorine in the production process and is easily recycled into new things (playgrounds, mats, and more).

By region, the market for ethylene vinyl acetate in Europe is expected to grow over the forecast period. A growing number of packaged food and personal care companies are expressing a need for smaller packaging sizes in this region. During the projection period, it is expected that this tendency would intensify, driving up market demand for EVA in this region.

This report also provides the existing competitive scenario of some of the key players of the global ethylene vinyl acetate market which includes company profiling of The Dow Chemical Company, ExxonMobil Corporation, Arkema, SABIC, Hanwha Solutions Chemical Division, LG Chem Ltd., China Petrochemical Corporation, Versalis S.p.A., Braskem S.A., TotalEnergies, and others.

Access our detailed report at:https://www.researchnester.com/reports/ethylene-vinyl-acetate-market/5173

[writerblogs]

Global Thermosetting Plastics Market Is Estimated To Witness High Growth Owing To Increasing Demand For Lightweight and Durable Materials

The global Thermosetting Plastics Market is estimated to be valued at US$ 127,332.15 million in 2022 and is expected to exhibit a CAGR of 4.72% over the forecast period 2023-2030, as highlighted in a new report published by Coherent Market Insights. A) Market Overview: Thermosetting plastics are a class of materials that are extensively used across various industries due to their excellent thermal and mechanical properties. These plastics are cured and hardened through irreversible chemical reactions, making them harder and more rigid than thermoplastics. The market for thermosetting plastics is driven by the increasing demand for lightweight and durable materials in industries such as automotive, aerospace, electrical and electronics, and construction. Thermosetting plastics find applications in circuit boards, automotive body parts, electrical insulators, adhesives, coatings, and more. These materials provide excellent heat resistance, chemical resistance, and electrical insulation, making them ideal for use in demanding environments. B) Market Key Trends: One key trend in the Thermosetting Plastics Market is the growing demand for eco-friendly materials. With increasing focus on sustainability and environmental concerns, there is a rising preference for bio-based thermosetting plastics over traditional petroleum-based materials. Bio-based thermosetting plastics are derived from renewable resources such as plant oils and starch, reducing the carbon footprint and environmental impact of the manufacturing process. These materials offer similar properties as traditional thermosetting plastics while being more sustainable and recyclable. For example, BASF SE, one of the key players in the market, has developed a range of bio-based epoxy resin systems for various applications. These resins are based on renewable raw materials such as succinic acid derived from plant oil. They provide similar performance and processability as traditional epoxy resins, while reducing the overall environmental impact. C) PEST Analysis: Political: The thermosetting plastics industry is regulated by various government agencies and authorities to ensure product safety and environmental compliance. Regulatory frameworks and standards vary across different regions, influencing the market dynamics and opportunities. Economic: The growing industrialization and increasing GDP of emerging economies such as China, India, and Brazil are driving the demand for thermosetting plastics. These countries have witnessed significant investments in infrastructure development, automotive production, and electronics manufacturing, creating a favorable market landscape for thermosetting plastics. Social: The increasing consumer demand for lightweight and fuel-efficient vehicles, smart devices, and sustainable construction materials is propelling the adoption of thermosetting plastics. These materials offer improved energy efficiency, reduced emissions, and enhanced product performance, aligning with the evolving social preferences. D) Key Takeaways: The global Thermosetting Plastics Market is expected to witness high growth, exhibiting a CAGR of 4.72% over the forecast period, due to increasing demand for lightweight and durable materials. The automotive industry, in particular, is driving the demand for thermosetting plastics due to their weight reduction potential and ability to withstand harsh operating conditions.

Key players operating in the global Thermosetting Plastics Market include Alchemie Ltd., Asahi Kasei Corporation, BASF SE, BUFA GmbH & Co. KG, Celanese Corporation, Covestro AG, Daicel Corporation, DSM, Eastman Chemical Company, INEOS, Kanoria Chembond Pvt. Ltd, Lanxess AG, LG Chem, Mitsubishi Engineering-Plastics Corporation, Nihon Gosei Kako Co. Ltd, Polynt SpA, Satyen Polymers Pvt. Ltd, Showa Denko KK, Solvay, Sumitomo Bakelite Co. Ltd, and U-PICA Company Ltd. These key players are focusing on product innovation, strategic collaborations, and capacity expansions to gain a competitive edge in the market.

[newscountryindia]

Vizag chemical plant gas leak incident needs to be fully investigated: UN chief Vizag chemical plant gas leak incident needs to be fully investigated: UN chief The gas leak from a chemical plant in Visakhapatnam, which killed at least 11 people and impacted about 1,000, needs to be fully investigated by local authorities, a spokesperson for the UN Secretary-General Antonio Guterres said on Thursday.

[teluguidol]

High Tension at Vizag LG Polymers .. ఎల్జీ పాలిమర్స్ కంపెనీ వద్ద హైటెన్షన్ .. తరలించాలని పెద్ద ఎత్తున నినాదాలు

New Post has been published on https://cmsir.com/high-tension-at-vijay-lg-polymers/

High Tension at Vizag LG Polymers .. ఎల్జీ పాలిమర్స్ కంపెనీ వద్ద హైటెన్షన్ .. తరలించాలని పెద్ద ఎత్తున నినాదాలు

High Tension at Vizag LG Polymers .. ఎల్జీ పాలిమర్స్ కంపెనీ వద్ద హైటెన్షన్ .. తరలించాలని పెద్ద ఎత్తున నినాదాలు

ఆంధ్రప్రదేశ్ లోని విశాఖపట్టణ ఎల్ జీ పాలిమర్స్ పరిశ్రమ విషయంలో ప్రకంపనలు రేగుతున్నాయి. ఆ కంపెనీ వద్ద స్థానికులు ఆందోళనకు దిగారు.

ఎల్ జీ పాలిమర్స్ ను అక్కడి నుంచి తరలించాలని పెద్ద ఎత్తున నినాదాలు చేశారు. వెంకటాపురం గ్రామస్థులంతా దర్నాకు దిగారు.

తమ ప్రాణాలతో చెలగాటమాడుతున్నారా అంటూ తీవ్ర ఆరోపణలు చేశారు.

అయితే నిరసనకారులను పోలీసులు అదుపులోకి తీసుకున్నారు. బలవంతంగా వాహనాల్లోకి ఎక్కించి అక్కడి నుంచి తరలించారు.

అలాగే.. స్థానికుల్ని పోలీసులు అదుపులోకి తీసుకుంటుండగా పరిశ్రమకు సమీపంలో ఉన్న వెంకటాపురం గ్రామస్థులు భారీస్థాయిలో అక్కడికి తరలి వచ్చారు.

తమకు న్యాయం చేయాలంటూ పెద్ద ఎత్తున ఆందోళనకు దిగారు. యువకుల్ని అరెస్టు చేసే క్రమంలో వారు ప్రతిఘటించడంతో స్వల్ప ఉద్రిక్తత పరిస్థితులు చోటు చేసుకున్నాయి.

పోలీసులు అక్కడికి భారీగా చేరుకుని భద్రతా చర్యలు చేపట్టారు. వెంకటాపురం గ్రామస్తులు తీవ్రస్థాయిలో ఆందోళన చేపట్టి.. ముఖ్యమంత్రి జగన్ స్పష్టమైన ప్రకటన చేయాలని డిమాండ్ చేస్తున్నారు.

అంతటితో ఆగకుండా ప్రజలు కావాలో యాజమాన్యాలు కావాలో తేల్చుకోవాలి అంటూ నినాదాలు చేస్తున్నారు. తీవ్ర ఉద్రిక్త పరిస్థితుల మధ్య పోలీసులు వారిని అదుపులోకి తీసుకుంటున్నప్పటికీ అక్కడ హైటెన్షన్ నెలకొని ఉంది.

High Tension at Vizag LG Polymers .. ఎల్జీ పాలిమర్స్ కంపెనీ వద్ద హైటెన్షన్ .. తరలించాలని పెద్ద ఎత్తున నినాదాలు

[newsoutbursts]

HPC recommends shifting of LG polymers unit

HPC recommends shifting of LG polymers unit

The High Power Committee (HPC) that probed the styrene monomer vapour leak from the LG Polymers’ plant at RR Venkatapuram in Visakhapatnam, that killed 12 and hospitalised over 580 persons on May 7, in its 350-page report has recommended the shifting of the factory.

The report comes as a shot in the arm for many groups who have been demanding the same, on the ground that the chemical factory…

[news24fresh]

‘LG plant staff not qualified to handle styrene leak’

‘LG plant staff not qualified to handle styrene leak’

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The high-power committee which probed the circumstances that led to the leak of styrene monomer vapour at LG Polymers in Visakhapatnam on May 7 has mentioned in its report that the staff of the plant were neither adequately qualified nor experienced to handle such emergency situations.

“Many staff at the plant discharging the duties of engineers were just science graduates or…

[vilaspatelvlogs]

एलजी पॉलीमर के सीईओ, दो निदेशक समेत 12 लोग गिरफ्तार; हादसे में हुई थी 12 लोगों की मौत

एलजी पॉलीमर के सीईओ, दो निदेशक समेत 12 लोग गिरफ्तार; हादसे में हुई थी 12 लोगों की मौत

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रिपोर्ट में एलजी पॉलीमर की तरफ से कई लापरवाही और सुरक्षा के मानकों की अनदेखी की बात कही गई है

जांच कमेटी के अनुसार फैक्ट्री निदेशालय की तरफ से इसमें भारी चूक की बात सामने आई है

दैनिक भास्कर

Jul 08, 2020, 03:58 PM IST

चेन्नई. विशाखापत्तनम में स्टायरिन गैस रिसाव की घटना के मामले में पुलिस ने मंगलवार रात एलजी पॉलीमर के सीईओ और दो निदेशकों समे��� 12 लोगों को गिरफ्तार कर लिया है। बता दें कि…

[qaumisafeer]

بھارت: ایل جی پولیمر میں گیس کے اخراج پر جنوبی کوریائی سی ای او سمیت 11 افراد گرفتار بھارتی پولیس نے ایل جی پولیمرز کے جنوبی بھارت میں کے کیمیکل پلانٹ میں گیس کے اخراج، جس کے نتیجے میں 12 افراد ہلاک ہوگئے تھے، کے 12 ماہ بعد کمپنی کے 12 اہلکاروں کو گرفتار کیا۔

[newsaryavart]

हाई कोर्ट के आदेश के बाद सीज हुआ LG पॉलिमर्स प्लांट, गैस लीक मामले में फैसला

हाई कोर्ट के आदेश के बाद सीज हुआ LG पॉलिमर्स प्लांट, गैस लीक मामले में फैसला

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Photo:AP

LG polymers plant

नई दिल्ली। आन्ध्र प्रदेश हाई कोर्ट के फैसले के बाद आज विशाखापट्टनम स्थित LG पॉलिमर्स इंडिया के प्लांट को सील कर दिया गया है। फैसले को लागू करने के लिए रेवेन्यू विभाग के साथ पुलिस अधिकारी भी मौके पर मौजूद रहे। 24 मई को ही कोर्ट ने प्लांट को सील करने के आदेश जारी किए थे। इसके साथ ही कंपनी के डायरेक्टर को बिना कोर्ट की अनुमति देश न छोड़ने के भी आदेश दिए गए हैं।…

[awesometeennews]

A.P. gas leak: Supreme Court declines to interfere with NGT order

A.P. gas leak: Supreme Court declines to interfere with NGT order

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The Supreme Court did not interfere on Tuesday with an order passed by the National Green Tribunal (NGT), which ordered LG Polymers to pay ₹50 crore as interim compensation for the gas leak at its Visakhapatnam plant and set up a five-member fact-finding committee to inquire into the incident leading to the death of several innocents.

Also read: Vizag gas leak: An avoidable tragedy

Fact-f…

[iiankitsingh]

Naveen, a resident of Venkatapuram, where the LG Polymers Chemical Plant is located, explains what transpired after the gas leak from the plant. Since, 8 people have died and more than 300 hospitalised.

Video source: Twitter / Paul_Oommen

from Firstpost India Latest News https://bit.ly/2WAduWw via IFTTT

[newscountryindia]

LG Polymers India Has 'Absolute Liability' for Vizag Gas Leak, Says Green Tribunal

LG Polymers India Has ‘Absolute Liability’ for Vizag Gas Leak, Says Green Tribunal

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Gas leak in LG Polymers plant in Vizag. (Image: Twitter)

The NGT said that safety of citizens and environment is of prime concern and any economic or industrial activity, however necessary, has to be consistent with it.

PTI

Last Updated: June 3, 2020, 2:56 PM IST

South Korean company LG Polymers India has absolute liability for the loss of life and public…

[teluguidol]

High Tension at Vizag LG Polymers .. ఎల్జీ పాలిమర్స్ కంపెనీ వద్ద హైటెన్షన్ .. తరలించాలని పెద్ద ఎత్తున నినాదాలు

New Post has been published on https://cmsir.com/high-tension-at-vijay-lg-polymers/

High Tension at Vizag LG Polymers .. ఎల్జీ పాలిమర్స్ కంపెనీ వద్ద హైటెన్షన్ .. తరలించాలని పెద్ద ఎత్తున నినాదాలు

High Tension at Vizag LG Polymers .. ఎల్జీ పాలిమర్స్ కంపెనీ వద్ద హైటెన్షన్ .. తరలించాలని పెద్ద ఎత్తున నినాదాలు

ఆంధ్రప్రదేశ్ లోని విశాఖపట్టణ ఎల్ జీ పాలిమర్స్ పరిశ్రమ విషయంలో ప్రకంపనలు రేగుతున్నాయి. ఆ కంపెనీ వద్ద స్థానికులు ఆందోళనకు దిగారు.

ఎల్ జీ పాలిమర్స్ ను అక్కడి నుంచి తరలించాలని పెద్ద ఎత్తున నినాదాలు చేశారు. వెంకటాపురం గ్రామస్థులంతా దర్నాకు దిగారు.

తమ ప్రాణాలతో చెలగాటమాడుతున్నారా అంటూ తీవ్ర ఆరోపణలు చేశారు.

అయితే నిరసనకారులను పోలీసులు అదుపులోకి తీసుకున్నారు. బలవంతంగా వాహనాల్లోకి ఎక్కించి అక్కడి నుంచి తరలించారు.

అలాగే.. స్థానికుల్ని పోలీసులు అదుపులోకి తీసుకుంటుండగా పరిశ్రమకు సమీపంలో ఉన్న వెంకటాపురం గ్రామస్థులు భారీస్థాయిలో అక్కడికి తరలి వచ్చారు.

తమకు న్యాయం చేయాలంటూ పెద్ద ఎత్తున ఆందోళనకు దిగారు. యువకుల్ని అరెస్టు చేసే క్రమంలో వారు ప్రతిఘటించడంతో స్వల్ప ఉద్రిక్తత పరిస్థితులు చోటు చేసుకున్నాయి.

పోలీసులు అక్కడికి భారీగా చేరుకుని భద్రతా చర్యలు చేపట్టారు. వెంకటాపురం గ్రామస్తులు తీవ్రస్థాయిలో ఆందోళన చేపట్టి.. ముఖ్యమంత్రి జగన్ స్పష్టమైన ప్రకటన చేయాలని డిమాండ్ చేస్తున్నారు.

అంతటితో ఆగకుండా ప్రజలు కావాలో యాజమాన్యాలు కావాలో తేల్చుకోవాలి అంటూ నినాదాలు చేస్తున్నారు. తీవ్ర ఉద్రిక్త పరిస్థితుల మధ్య పోలీసులు వారిని అదుపులోకి తీసుకుంటున్నప్పటికీ అక్కడ హైటెన్షన్ నెలకొని ఉంది.

High Tension at Vizag LG Polymers .. ఎల్జీ పాలిమర్స్ కంపెనీ వద్ద హైటెన్షన్ .. తరలించాలని పెద్ద ఎత్తున నినాదాలు

[newsoutbursts]

‘LG plant staff not qualified to handle styrene leak’

‘LG plant staff not qualified to handle styrene leak’

The high-power committee which probed the circumstances that led to the leak of styrene monomer vapour at LG Polymers in Visakhapatnam on May 7 has mentioned in its report that the staff of the plant were neither adequately qualified nor experienced to handle such emergency situations.

“Many staff at the plant discharging the duties of engineers were just science graduates or intermediate…

[hellodainiknews]

Residents Near Chemical Plant Asked To Stay Indoors, Use Wet...

Residents Near Chemical Plant Asked To Stay Indoors, Use Wet…

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Use wet cloth as a mask to cover your nose and mouth, said Vizag civic body.

Visakhapatnam:

The Greater Visakhapatnam Municipal Corporation on Thursday asked people staying near the chemical plant where a gas leak took place in the wee hours to stay indoors and use a wet cloth to cover their nose and mouth.

At least eight people, including an 8-year-old child, have been killed and…

[vilaspatelvlogs]

आंध्र प्रदेश के डीजीपी ने कहा- पॉलिमर से गैस रिसाव पूरी तरह बंद, स्थिति पूरी तरह नियंत्रण में

आंध्र प्रदेश के डीजीपी ने कहा- पॉलिमर से गैस रिसाव पूरी तरह बंद, स्थिति पूरी तरह नियंत्रण में

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गुरुवार को एलजी पॉलिमर्स से जहरीली गैस के रिसाव होने से 12 लोगों की मौत हो गई थी

डीजीपी सवांग ने कहा- केमिकल और पेट्रोलियम सेक्टर की कई टीमें जायजा लेने आएंगी

दैनिक भास्कर

May 09, 2020, 09:26 PM IST

विशाखापट्‌टनम . आंध्र प्रदेश के पुलिस महानिदेशक गौतम सवांग ने शनिवार को दैनिक भास्कर से कहा कि एलजी पॉलिमर्स से गैस रिसाव पूरी तरह बंद कर दिया गया है और स्थिति बिल्कुल नियंत्रण में है।…