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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
1,875
Current Leads201,012
All-Time LeadsPost Sourcing Requests
1,839
Current Supply189,546
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【Jingxi international’s controlling shareholder enters into purchase agreement with luxshare precision 】Jingxi International recently announced that its controlling shareholder, Jingxi Zhixing Group, has...Luxshare PrecisionA sales agreement has been entered into, under which Luxshare Precision has conditionally agreed to acquire all the equity interests in Jingxi Zhixing Group. Jingxi Zhixing Group holds approximately 59.50% of the issued share capital of Jingxi International through its wholly-owned subsidiaries. Upon completion of the transaction,Luxshare PrecisionIndirectly heldJingxi International59.50% of the shares, and become its ultimate controlling shareholder. It is reported that,Jingxi ZhixingA Tier 1 global supplier of automotive suspension and braking systems, inheriting Delphi’s century-old technological expertise and strategically positioned across the three major automotive production regions—China, Europe, and the United States.
2026-05-12 17:55:59 -
【Asahi kasei: Q4 Net Income Attributable To Shareholders Reaches ¥38.186 Billion For Fiscal Year Ended March 31, 2026, Up 4.56% 】Asahi KaseiThe released Q4 FY2026 report shows that the parent company’s net profit for the quarter was ¥38.186 billion, an increase of 4.56% year-on-year; total revenue was ¥813.242 billion, up 4.52% year-on-year. The company primarily engages in chemical-related businesses and has seven business divisions. The Chemical Division supplies petrochemical products, functional films, and functional resins. The Textile Division supplies synthetic textiles and nonwoven fabrics. The Housing Division engages in housing development and sales, renovation, and real estate transactions. The Building Materials Division supplies aerated lightweight concrete and high-performance thermal insulation materials. The Electronics Division manufactures and sells electronic materials and electronic components. The Pharmaceuticals and Medical Division supplies pharmaceuticals and medical devices, including artificial kidneys, blood purifiers, leukocyte removal filters, and virus removal filters. In addition, the company is involved in the design, construction, and maintenance of industrial facilities.
2026-05-12 15:15:03
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