Where is the Basestocks Industry Heading?
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WHAT'S NEW
The Rise of Renewable Methanol as an Alternative Fuel
By Krithika Shekar and Ruella Menezes
Methanol’s versatility makes it an attractive option for today's energy challenges. One of its key advantages is its ability to remain liquid at ambient temperatures and pressures, simplifying storage, transport, and distribution. Moreover, methanol can easily integrate into existing fuel infrastructure and blend with conventional fuels, minimizing the need for extensive system changes.
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Hair Tools and Appliances Market Heats Up With Damage Control Innovations
On its way to reaching $3 billion, the U.S. consumer hair tools and appliances market shows no signs of slowing down. This market is nearly double the size of Europe, which valued at $1.6 billion in 2023, according to Kline + Company’s latest data. Relentless innovation from leading brands and the launch of affordably priced multi-benefit tools from entry- to mid-tier players are largely driving the market’s surge.
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How are the EU’s New Sustainability Regulations Reshaping the Personal Care Industry?
Sustainability has emerged as a pivotal force within the personal care industry, driven by a combination of increasing consumer demand, tightening regulations, and advancements in technology. This shift toward environmental stewardship is significantly influencing market trends and the development of new products. As the preference for eco-friendly products grows among consumers, companies are increasingly motivated to integrate sustainable technologies and practices into their operations. Concurrently, the imposition of stricter regulations is steering the industry toward adopting greener processes and ingredients, thereby embedding sustainability at the core of the industry's evolution.
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