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Historic Global Oil Market Supply Disruption: More Than 10 Million Barrels Per Day Cut, Impacting Ethylene Supply Chain
On March 12, the International Energy Agency (IEA) noted in its latest monthly report that the global oil market is facing the most severe supply disruption in history due to the ongoing conflict in the Middle East. With shipping in the Strait of Hor
Olefins and High-End Downstream Products -
Middle East Conflict Escalates, PP Market Faces New Round of Volatility
Geopolitical conflicts have driven up international oil prices and raw material costs, impacting the petrochemical industry. Compounded by disruptions to shipping through the Strait of Hormuz and rising logistics costs, this has led to tight supp
JLC -
Middle East Supply Cut Global Shock Waves Impact Asia Latest Quotes
As of March 13, 2026, the global polyolefins market remains under severe strain. Polyolefin prices in Europe have risen by 30% compared to pre-conflict levels, by 15% in North America, and by more than 25% on average in Asia. Data source
JLC -
Hormuz Strait Sudden Crisis! Trump: Launch Intense Air Strikes! Global Supply Worse, Oil Prices Go Wild
On March 13 local time, US President Trump announced that US forces had launched a "fierce air strike" on military targets at the Khark island, a key oil export hub in Iran, a move that completely shattered the fragile balance in the Middle East and
Plastmatch -
360° Breathable, Let Running Shoes Learn to "Breathe"! Adidas Launches Latest 3D Printed Sports Shoes, Simple, Lightweight, Comfortable
On March 3, Adidas released the new all-white colorway of the CLIMACOOL LACED sneakers, featuring invisible stripes and white laces. As the brand's latest exploration in footwear technology, its enhanced 360-degree airflow system elevates breat
NTMT New Textile Materials -
Plastic Ingenuity Acquires Spezi-Pack to Enter European Medical Packaging Market
Plastic Ingenuity, one of North America’s largest custom thermoforming companies, has expanded its footprint into Europe through the acquisition of Spezi-Pack, a long-established thermoforming company located near Dresden, Germany. This expansion ena
Plastmatch Global Digest -
Trump Launches New Section 301 Investigation Targeting Chinese Textile Fabrics; New Tariffs Possible in May
On March 11 local time, the Office of the United States Trade Representative (USTR) issued a formal notice to initiate a Section 301 investigation, targeting 16 economies regarding structural overcapacity and production issues in the manufacturing
Global Textile -
Environmental Groups Criticize Unilever’s Plastic Recycling Targets For Failing To Address Root Problems
Greenpeace, the international environmental organization, recently issued a statement criticizing Unilever's plastic recycling targets outlined in its 2025 Sustainable Development Report for failing to address the root causes of plastic pollution. Al
Plastmatch Global Digest -
Strong collaboration: RIGK and GCR Innovate to Transform Complex Industrial Waste into “Gold”
Amid the rising tide of the circular economy, managing complex industrial waste has become a major industry challenge. Recently, German recycling specialist RIGK and Dutch technology company GCR announced a strategic partnership aimed at leveraging
New Energy Vehicle Network -
Amcor’s Industrial Container With 50% Post-Consumer Recycled Content Receives United Nations Certification
Recycled materials are gradually being applied to packaging fields with higher requirements, including containers for dangerous goods. Amcor's latest industrial container, which contains 50% post-consumer recycled content (PCR), has received UN certi
Plastmatch Global Digest
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Supply Extremely Tight! LG Chem Declares Force Majeure on Export Contracts for Di-Octyl Terephthalate (DOTP)
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Deadly Impact: Hormuz Strait Blockade Sparks Shortage of Plastic Raw Materials, Threatening Shutdowns at Japanese and Korean Chemical Plants
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Catl “wins big”: Beyond Batteries, What Else Can It Sell?
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Tao Lin: Tesla’s Supercharger Stations in China Surpass 2,500