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Borouge International Delays IPO Until Next Year! ERA Partners with East African Leader! BASF Expands in China
International News Briefs: Raw Materials: ADNOC and OMV Delay $60B Abu Dhabi Petrochemical Giant IPO Packaging: ALPLA Celebrates Opening of New Plant in the Philippines Food: Boxon Launches First Food-Grade rPET Flexible Bulk Bags, Accelerating Flexi
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Boxon Launches First Food-Grade rPET Flexible Bulk Bag, Accelerating Soft Packaging Circular Economy
French packaging company Boxon has launched the industry's first recycled PET (rPET) bulk bag to receive direct food contact certification, marking a significant breakthrough in the circular economy for flexible packaging. This new rPET bulk bag (als
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XRG To Acquire Covestro Via Squeeze-Out Tender Offer
XRG Public Joint Stock Company, Abu Dhabi, United Arab Emirates (hereinafter referred to as “XRG”), has submitted a formal application to the Management Board of Covestro AG (Securities Identification Code: DE0006062144 / German Securities Identific
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Xpeng Motors Establishes Robotaxi Business Unit, Plans to Launch Passenger Demonstration Operations in the Second Half of the Year
On March 23, according to Cailian Press, XPeng Motors established a Robotaxi Business Unit today to oversee its Robotaxi operations.Product definition, project integration, R&D testing, and operations workThis department operates under a lightwei
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East China Recycled Material Market Remains Stable, Shanghai Recycled PE Quoted At USD 3,300–6,800
Summary: Morning prices for the recycled plastics market in East China on March 23! The East China recycled plastics market remained stable. Recycled PE in Shanghai was quoted at 3,300–6,800 RMB/ton, recycled EPS in Shandong at 4,050–5,750 RMB/ton, a
Plastmatch Price
1,878
Current Leads189,357
All-Time LeadsPost Sourcing Requests
1,908
Current Supply177,743
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【Pret: Rising Crude Oil Prices Increase Costs, Multiple Measures Taken to Mitigate Pressure 】An investor asked on the interactive platform toPritiMay I ask whether the recent surge in petrochemical product prices and supply chain disruptions will significantly increase the company's raw material costs, and what measures the company has taken in response? Regarding the above question, Translate the above content into English and output the translation result directly, without any explanation.PritiDear investor, thank you for your attention. Affected by the international situation, crude oil prices have risen significantly, and the prices of upstream bulk petrochemical products have also increased rapidly, which will lead to higher costs for the company's modified materials business. Currently, the supply of raw materials is stable. In response to the pressure caused by the rising raw material prices, the company will continue to optimize its supply chain management, strengthen strategic cooperation with core suppliers, and actively address the impact of cost fluctuations through flexible adjustment of procurement strategies and optimization of product structures. At the same time, the company will actively communicate with downstream customers to jointly face the cost pressure caused by the rise in raw material prices, ensuring the security of the industrial supply chain. The company will also accelerate the development of new application areas and optimize its product structure to cope with the pressure brought by rising raw material prices. Thank you for your attention to the company. Thank you!
2026-04-15 13:52:01 -
【Jiangsu Eastern Shenghong: Eva Production Capacity 900,000 Tons/Year Poe 100,000 Tons/Year, Providing One-Stop Service for Downstream Photovoltaic Customers 】Oriental FortuneOn April 15, the company stated on the investor interaction platform that it currently possesses an EVA production capacity of 900,000 tons per year and a POE production capacity of 100,000 tons per year. Both its production scale and product quality rank among the industry’s leaders, enabling it to provide downstream photovoltaic customers with “one-stop” services. It is one of the very few leading domestic enterprises possessing independent R&D capabilities and large-scale production facilities for both core raw materials used in photovoltaic encapsulant films. Furthermore, the company has achieved comprehensive vertical integration across its upstream and downstream industrial chain: supporting production facilities for key raw materials—such as ethylene, vinyl acetate, and high-carbon alpha-olefins—required for EVA and POE manufacturing have all been established, allowing for self-sufficient raw material supply. In recent years, the company’s EVA products have received the “Innovative Chemical New Material” award and the “Second Prize for Scientific and Technological Progress” from the China Petroleum and Chemical Industry Federation. Applications in downstream sectors are linked to the commercialization progress of various downstream photovoltaic enterprises.
2026-04-15 10:41:23
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