Plastic Industry Updates & Resources
Adnoc to transfer OMV stake to XRG
DuPont to Spin Off Nomex and Kevlar Brands for $14.4 Billion: Is Aramid Fiber Still Attractive?
Singapore Develops World's First Digital "Passport" for Plastics; Tesla's India Debut Stalls
Adnoc Criticizes European Union (EU) for Halting Review, Raising Doubts Over Covestro Acquisition, Causing Stock Price to Plummet
SMX Establishes Molecular Tracking Standard for Recycled Plastics! BASF’s European Plants Fully Certified
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Tariffs have disrupted demand and OPEC+ has increased production beyond expectations!
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The price of EVA has "plummeted from a high platform" - the rush to install photovoltaic products has subsided
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The acceleration of "anti-internal competition" has led to a strong upward trend in the PP and PE markets
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Market stalemate operation, cost and demand "wrestling"!
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What Is The Relationship Between Antifoaming Agents And Surfactants?
Defoamers are surface active agents? This question is quite technical. In fact, many workers who are new to using defoamers often ponder this question: since defoamers are processing aids, are they not surface active agents? Since everyone is curious
Defoamer Network -
Issues to Note Before Restarting an Injection Molding Machine After a Long Downtime
1. Turn on the main power switch of the machine tool and check for any leakage of electricity. Preheat the barrel and mold according to the set process temperature requirements. Once the barrel temperature reaches the process temperature, maintain th
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Honda Enters Commercial Vehicle Market, Partners With Dongfeng for Weighty Hydrogen Initiative
Auto-FirstLi Dezhe Previously, Toyota invested in a hydrogen energy heavy truck project in China, and later, Honda teamed up with Dongfeng to launch hydrogen fuel cell commercial vehicle operations. Japanese car manufacturers are quietly tar
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[PA66 Morning Briefing] Domestic PA66 Market Expected to Stabilize in the Short Term
1. Focus Points 【 Longzhong On October 23, the United States imposed new sanctions on Russian oil companies, raising market concerns about potential supply risks and causing international oil prices to rise. NYMEX crude oil futures for D
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The Era of New Energy Vehicle Purchase Tax Exemption Is Ending
Recently, the Ministry of Industry and Information Technology, the Ministry of Finance, and the State Administration of Taxation jointly issued the "Notice on the Reduction and Exemption of Vehicle Purchase Tax for 2026-2027."New energy vehicles"The
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How long can the plastics industry survive a nearly 20% drop in air-conditioner production?
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The market is bearish mentality, PP, PE period is now falling sharply, is expected to rebound next week!
Plastmatch Weekly Report -
Downstream demand is slow to follow up, low cost source inventory is slow to digest!
Plastmatch Weekly Report -
The contradiction between supply and demand has intensified, the EVA market may continue to be weak and bottom out!
Plastmatch Weekly Report -
The Fed cut interest rate to the imminent, domestic policy plus domestic demand!
Plastmatch Weekly Report -
Industry winter, home appliance industry chain under pressure to find a way!
Plastmatch Insights Lab
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【Ansys China Refutes False Statements by Dutch Ansys: All Products Manufactured and Delivered in China Are Legal and Compliant, Maintaining Consistent Quality】On October 23, Nexperia China Co., Ltd. released a bilingual "Letter to Customers," stating that the current management of Nexperia in the Netherlands is spreading information that is inconsistent with the facts, unjustifiably questioning the compliance, quality standards, and technical capabilities of the products, and attempting to confuse and interfere with customers' normal purchasing decisions. The company firmly opposes this and will take all measures to protect its rights legally. Meanwhile, Nexperia China Co., Ltd. promises that all products manufactured and delivered in China comply with Chinese laws and regulations and the requirements of relevant regulatory authorities, fully meet Nexperia's consistent technical standards, production processes, and quality requirements, comply with all contractual agreements with customers, and pass the company's strict quality inspection during the factory inspection stage. Should there be any changes or adjustments regarding product supply, production processes, or technical standards, the company will communicate with customers in advance according to normal procedures. Currently, the production and operations of Nexperia's Chinese entity are progressing in an orderly manner, and the company's board of directors, management, and all employees are making every effort to ensure the stability of the supply chain for our valued customers.
2025-10-23 14:30:27 -
【Lotte Chemical Launches Commercial Operation of Indonesian Olefin Complex with Annual Production of 1 Million Tons of Ethylene】Lotte Chemical's Malaysian subsidiary, Lotte Chemical Titan, recently announced that its $3.95 billion steam cracking facility and derivatives complex in Merak, Cilegon, Indonesia has commenced commercial operations. The project, named the "Lotte Chemical Indonesia New Ethylene Project" (LINE), is developed by Lotte Chemical Titan's subsidiary, PT Lotte Chemical Indonesia. In a statement submitted to the Malaysian Stock Exchange on October 15, Lotte Chemical stated that the project successfully began commercial operations on October 15, 2025.
2025-10-23 14:01:58 -
【Ningxia Baofeng 300,000 Ton Polypropylene (PP) Project Caps Ahead Of Schedule!】Ningxia Baofeng Energy Phase IV Olefin New Material ProjectSignificant progress has been made. The main structure of the PP device extrusion and granulation plant has recently been completed.Completed the topping-out 52 days ahead of schedule....laid a solid foundation for the overall completion of the project in the later stages. This project...Total investment of 20.5 billion yuan.is a key project of Baofeng Company that focuses on its main business and strengthens its****.Construct a new 300,000 tons/year polypropylene plant and a 250,000 tons/year EVA plant.During the construction process, the project team implemented meticulous management by establishing a "daily safety inspection + weekly special inspection" mechanism, which cumulatively eliminated over 330 safety hazards, achieving zero safety incidents throughout the entire process. Upon completion, the project will further enhance Baofeng Energy's capacity in the polyolefin new materials sector, optimize the product structure, and provide the market with more high-quality polypropylene and EVA products.
2025-10-23 09:22:49 -
【Two Major Developments Ignite Oil Market, Prices Surge 4%】U.S. crude oil main contract closed higher.3.74% 59.38 /Barrel; Brent crude oil main contract rises3.54% 63.49 / Trump cancels meeting with Putin.U.S. Treasury Secretary Yellen stated that significant sanctions against Russia are expected to be greatly strengthened.EIACrude oil inventory decreases96.1The price of oil is rising due to favorable factors on both the supply and demand sides.
2025-10-23 08:03:13 -
【United States Sanctions Two Major Russian Oil Giants】According to the latest news from CCTV, local time22On [date], the U.S. Department of the Treasury announced that it will impose sanctions on two large Russian oil companies, including Rosneft and Lukoil. The U.S. Department of the Treasury also sanctioned a series of subsidiaries in Russia that are directly or indirectly owned by these two companies.50%Entities with 50% or more equity will be sanctioned.
2025-10-23 08:01:42