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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
Plastmatch Global Digest -
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
1,901
Current Leads179,788
All-Time LeadsPost Sourcing Requests
2,015
Current Supply168,147
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【South Korea To Impose Naphtha Export Controls This Week 】 March 24 (Korea News): According to Yonhap News Agency, as Iran’s prolonged blockade of the Strait of Hormuz disrupts naphtha supply, the South Korean government is likely to implement naphtha export controls this week. On March 24, Yang Gi-wook, Director of the Industrial Resource Security Division at the Ministry of Trade, Industry and Energy (MOTIE), held a press conference at the Government Complex in Sejong and stated that MOTIE is coordinating and communicating with relevant agencies regarding plans to impose naphtha export restrictions. Naphtha is a fundamental raw material for petrochemical products; South Korea sources 55% of its naphtha domestically from local refineries, with the remainder imported.
2026-03-24 14:59:10 -
【Global Supply Chain Under Pressure! Wacker Raises Prices for Polymer and Silicone Products 】Munich-based Wacker Chemie announced that, effective April 1, 2026, it will increase prices for polymer dispersions, redispersible polymer powders, and silicone products manufactured locally in North America by up to 10%, citing ongoing global supply chain disruptions and sustained increases in raw material and logistics costs as the reasons for the price adjustment.
2026-03-24 14:33:04
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