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BASF Announces Layoff Plan! Another U.S. PET Recycler Collapses, Japanese Automotive Industry Faces Production Suspension Risk
International News Roundup: Raw Material News: BASF announces layoff plan! Automotive News: Japan Automobile Manufacturers Association also issues warning: Notifications received regarding inability to guarantee chip deliveries. Packaging News: PCR A
Plastmatch -
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
Gasgoo -
China-US to Hold Economic and Trade Consultations! Lotte's Indonesian Olefin Complex Put into Operation; Dutch Medical Plastic Closed-Loop Pilot Launched
International News Guide Raw Materials News - Annual Ethylene Output 1 Million Tonnes! Lotte Chemical Launches Commercial Operation of Indonesian Olefin Complex Automotive News - German Auto Parts Supplier Webasto Reaches Restructuring Agreement with
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Switzerland Advances Packaging and Waste Regulation Reform: From 'Recyclable' to 'Reusable + Chemical Safety'
Key Points Overview: Using write and execution intensity prioritized over recycling will become a structural variable in the industry. The institutional requirements for chemical safety and inert materials may reshape the material spectrum and testin
New Observations on Waste Plastics -
New Trends in Plastic Recycling in Asia: South Korea Mandates rPET Usage, Japan Implements Easy Recycling Certification
Global attention to the sustainability of plastics is driving the evolution of regulations in various countries. Recently, two major Asian economies, South Korea and Japan, have successively issued important regulatory updates regarding recycled plas
CPRA-CRRA -
France and Spain Call on the European Union (EU) to Uphold 2035 Internal Combustion Engine Car Ban
According to Bloomberg, ahead of this week's EU leaders' summit, France and Spain are urging the EU to stick to its plan to ban the sale of internal combustion engine vehicles after 2035, a position that differs from that of German Chancellor Friedri
Gasgoo -
Tariff Proposed To Drop From 50% To 15%! Breakthrough In US-India Trade Talks! Peace Dawn For Russia-Ukraine Conflict, Plastic Narrowly Rebounds
Due to the sudden news related to the Russia-Ukraine situation, market risk aversion has significantly diminished. In the overnight trading session, precious metal prices saw a sharp decline, continuing the downward trend in the morning, with the mai
Plastmatch -
U.S. Threatens to Cut Off Aircraft Parts Supply to China! Oil Prices Rebound and Close Higher, Domestic Plastic Futures See Slight Increase
I. Overnight Crude Oil Market Dynamics The pressure brought by U.S. tariff and trade policy is expected to ease, combined with ongoing geopolitical instability, leading to a rise in international oil prices. NYMEXCrude oil futuresThe 11 contract rose
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Countdown For India's Anti-Dumping Duties: China PVC Exports Seize Last Benefits
Background: Customs data shows that in September 2025, domestic PVC imports amounted to 14,400 tons, a month-on-month increase of 16.08% and a year-on-year increase of 8.00%. The total imports from January to September were 175,500 tons, a year-on-ye
Longzhong -
Trump Threatens to Raise Tariffs on China to 155%! PA Drops 400
Trump once again launched a late-night attack: If China and the U.S. do not reach an agreement, a 155% tariff will be imposed on China! Zhuan Su Shi Jie has learned that at 12:51 AM Beijing time, Trump made a new statement—he is "confident" that a fa
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