Recently, several global chemical and new materials giants have announced related business adjustment decisions. First, Japan's Ube Industries is laying off employees and withdrawing from its Thailand base one year ahead of schedule. Previous report

On September 3rd, a ceremony commemorating the 80th anniversary of the victory in the Chinese People's War of Resistance Against Japanese Aggression and the World Anti-Fascist War will be held at Tiananmen Square in Beijing. A 70-minute milit

A young team of engineers from RWTH Aachen University in Germany has once again demonstrated the potential of solar mobility when advanced materials are combined with collective determination. At the 2025 Bridgestone World Solar Challenge, known as t

Claus Rettig, President of Evonik Asia Pacific, stated in an interview with ICIS that Evonik is accelerating investments in factories and R&D in Asia to achieve its growth objectives. At the same time, the company aims to mitigate the direct impa

Recently, BASF and Yara International have jointly decided to terminate the project to develop a low-carbon ammonia production facility equipped with carbon capture and storage technology in the Gulf Coast region of the United States. In June 2

Adiponitrile is a core raw material for the production of nylon 66, and its production technology has long been monopolized by foreign countries. Recently, significant breakthroughs have been made domestically in this field. Technical Breakthrou

DuPont recently announced that the company has entered into a definitive agreement with TJC portfolio company Arclin to acquire DuPont's aramid business (Kevlar® and Nomex®), with the transaction valued at approximately $1.8 billion (approximately 12

Market Overview: On August 29, 2025, the polyester chip market prices declined slightly within a narrow range. The average price of polyester chips in the East China region was 5,880 yuan/ton, down 10 yuan/ton from the previous working day, a decreas

Recently, Hongqiang Chemical, a wholly-owned subsidiary of Hongqiang Co., Ltd., officially signed a "Polyether" agreement with Huizhou Yuanan New Materials Co., Ltd.PolyolAccording to the "Product Cooperation Framework Agreement", both parties have e

Recently, BASF has completed two key actions: first, it has finalized the divestment of its oil and gas business, involving the adjustment of approximately 800 employees and obtaining cash flow exceeding 10 billion RMB; second, the company signed a m