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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
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【China Coal Energy: Polyethylene Prices Up 10%; Polyolefin Prices Fluctuate With Crude Oil This Year 】“Affected by current international geopolitical events, international energy prices have experienced significant volatility, and expectations for price increases of related domestic products have intensified,” said Gao Shigang, Executive Director, Deputy Party Secretary, and President of China Coal Energy (601898), at the company’s earnings briefing. He stated that the company’s overall performance is expected to remain stable. He further projected that China’s coal market supply-demand balance may shift toward a tight equilibrium by 2026; the long-term contract mechanism for power coal supply security will continue to serve as a “ballast,” and spot coal prices are likely to trend upward overall, albeit with heightened range-based volatility.
2026-04-03 14:45:58 -
【Seven Departments: Prioritize Support For Upgrading Outdated Facilities In Oil Refining, Ethylene, Para-Xylene, Diphenylmethane Diisocyanate (MDI), And Coal-To-Methanol Production 】On April 3, the Ministry of Industry and Information Technology and six other departments jointly issued the “Action Plan for Accelerating the Retrofit and Upgrading of Aging Facilities in the Petrochemical and Chemical Industry (2026–2029).” The plan specifies that, when evaluating the layout of major petrochemical projects, priority support shall be given to retrofit and upgrading projects for aging facilities in refining, ethylene, para-xylene (PX), methylene diphenyl diisocyanate (MDI), and coal-to-methanol production. Provincial departments of industry and information technology shall, in coordination with relevant provincial departments, establish and improve a “green channel,” strengthen factor guarantees, and streamline approval procedures—including project filing (or approval), environmental impact assessment, land use, water withdrawal, energy conservation review, carbon emission evaluation, and safety permits—to enhance review and approval efficiency and accelerate project implementation.
2026-04-03 14:07:13
