People's Daily, Beijing, July 19 (Reporter Sun Boyang) - The reporter learned from the State Administration for Market Regulation (National Standardization Administration) that since the implementation of the national standard for "Biodegradable Plastic Shopping Bags" more than five years ago, in conjunction with the related policies of the national "Plastic Restriction Order," China has reduced approximately 20 billion traditional plastic bags each year, effectively addressing the issue of "white pollution" caused by improper disposal of traditional plastic waste. According to reports, national standards stipulate that the raw materials for biodegradable plastic shopping bags must come from biomass resources or synthetic polymers with biodegradable properties, providing technical support for "carbon reduction." Taking polylactic acid (PLA) as an example, biodegradable plastic shopping bags can reduce overall carbon emissions by 70% compared to traditional PE bags. The cumulative reduction in the use of traditional plastic bags over five years is equivalent to saving 1.2 million tons of petroleum resources and reducing carbon dioxide emissions by 840,000 tons. The use of 20 billion traditional plastic bags each year has significantly reduced the proportion of traditional plastics in urban household waste. A relevant official from the National Standardization Administration stated that the national standards classify biodegradable plastic shopping bags into two categories: those for direct contact with food and those for non-food direct contact. It requires clear labeling on shopping bags indicating the corresponding category, specifications, environmental protection, and safety declarations, aligning with consumers' psychological expectations for green consumption. This promotes the transformation of public environmental awareness from "cognition" to "action," with consumer recognition of "degradable bags" increasing by over 50%, and the willingness to pay for their use rising concurrently. As "degradable bags" become a habitual behavior for citizens shopping in malls, supermarkets, and vegetable markets, the production costs of biodegradable plastic shopping bags have decreased, further promoting the widespread use of "degradable bags." Data from the State Administration for Market Regulation (National Standards Committee) shows that national standards have facilitated the integration of technological innovation and industrial innovation in biodegradable materials. With breakthroughs in biodegradable material technology, the raw material costs of polylactic acid (PLA) and polyhydroxyalkanoates (PHA) have dropped by more than 30% compared to traditional biodegradable plastics, further stimulating production motivation among enterprises. Led by more than 20 leading companies, corresponding industrial clusters have formed in regions such as Zhejiang and Guangdong. From 2020 to 2024, the annual compound growth rate of biodegradable plastic shopping bag production capacity in China has continuously exceeded 20%. By 2024, the total market output will reach nearly 500,000 tons, with a total output value exceeding 10 billion yuan. It is predicted that by 2030, the production of biodegradable plastic bags in China could reach 2 million tons, with the market capacity exceeding 60 billion yuan.

On July 19, Xinhua News reported that a research team in China has recently discovered a new method for the biodegradation of PU (polyurethane) plastic.It can increase the degradation efficiency by more than 10 times.。 According to reports, the research team from the Structural Biology Platform Laboratory of the Tianjin Institute of Industrial Biotechnology, Chinese Academy of Sciences, has "decoded" a PU plastic depolymerase: they obtained the crystal structure of this wild-type enzyme from nature, thereby revealing the molecular mechanism by which the enzyme can efficiently degrade PU plastic. Based on this, the research team combined evolutionary-guided enzyme mining techniques to not only find a new wild-type PU depolymerase but also optimized its structure and made molecular modifications.Developed a double mutant with significantly improved performance.Some mutants of this "artificial enzyme" have an degradation efficiency for polyester polyurethane that is nearly 11 times higher than that of the wild-type enzyme, significantly improving the recycling rate of PU plastics. IT Home has reported that the biological method is an international hotspot in the research of waste plastic degradation technology. Compared to the commonly used "high temperature and high pressure" physical methods and "high salt and strong acid" chemical methods, the biological method uses enzymes as degradation tools, taking advantage of their ability to accelerate chemical reactions, to “eat” plastic in a low-energy, low-pollution manner. In addition to the above advantages,Biological methods can achieve multiple "cycles" of plastic degradation.Researcher Liu Weidong from the Tianjin Institute of Industrial Biotechnology, Chinese Academy of Sciences, introduced that after biodegradation by biological enzymes, waste plastics will be transformed into various monomeric small molecules that make up plastics. Not only can these small molecules be directly used for plastic regeneration, but the depolymerizing enzymes can also continue to be used for plastic degradation before they become inactive. "This makes the biodegradation of waste plastics a typical example of a circular economy." It is reported that PU plastic is very common in people's daily lives.Thermal insulation foam boxes and sponges in car seat cushions are all made from it.Compared to the relatively mature and single chemical bond of PET plastics in biodegradation, PU plastics have more chemical bonds, making biodegradation more difficult, and fewer PU depolymerases have been discovered. The United Nations Environment Programme data shows that,Currently, humans produce over 400 million tons of plastic each year, of which less than 10% is recycled.。 Liu Weidong believes that this achievement provides a more efficient tool for the large-scale biological recycling of PU plastics and offers a new solution for the recycling of degraded plastic waste. "Next, we will promote the industrial application of enzyme preparations."

International News Guide: Raw Material News - EU to Establish Critical Chemical Alliance to Safeguard Supply Chain Security Automotive News - China and the EU Agree to Establish a Working Group to Cooperate on Cross-Border Data Flow in the Automotive Sector Electronic News - SABIC Launches First Flame-Retardant PBT Nano Injection Molding Material with Excellent Bonding Strength and Mechanical Properties Packaging News - German associations push for mandatory compostable produce bags Medical News - Sengkang General Hospital in Singapore Adopts 3D-Printed TPU Materials to Customize Orthotic Insoles for Diabetics Macro News - US Imposes Anti-Dumping Duties on Chinese Graphite Price information - RMB/USD Central Parity Rate Reports 7.1498, Down by 37 Pips    details of international news:   1. Escalation of Retaliatory Measures! EU Continues to Pressure the US According to two officials who were briefed on the talks, the EU is preparing a list of possible tariffs on US services and export control measures as part of potential retaliatory actions if trade negotiations with Washington fail. In response to US President Trump's tariffs, the European Commission is compiling this list of measures, which still needs to be submitted to EU member states. Trump has announced that he plans to impose a 30% tariff on the EU bloc starting from August 1. Although Brussels had previously warned that it could expand the transatlantic trade war to services if negotiations to avoid these tariffs fail, it has so far not submitted specific measures to European capitals. One of the officials emphasized that the list will not only target US tech companies. This list will be an additional measure beyond the retaliatory proposal already being discussed by EU countries targeting 72 billion euros of annual US imports, which includes tariffs on Boeing aircraft, automobiles, and bourbon whiskey. 2. EU to Establish Critical Chemical Alliance to Safeguard Supply Chain Security The EU's executive body stated that the European Commission will work with member states and the chemical industry to support the production of chemicals identified as crucial to Europe's industrial supply chains. The European Commission said it will establish a Critical Chemical Alliance later this year, which will bring together the Commission, member states, and various stakeholders as part of a broader plan to revitalize Europe's chemical industry. In a statement, the Commission said the alliance will "identify key production sites in need of policy support and address trade issues such as supply chain dependencies and market distortions". This initiative draws on another alliance established earlier, which is responsible for identifying metals and minerals crucial to the energy transition. Subsequently, the EU set mining, processing, and recycling targets for 17 strategic materials. 3. Agilyx Acquires 44% Stake in Europe’s TopPlastic RecyclerGreenDot Global Agilyx acquires 44% of GreenDot, expanding into Europe’s recycling market and strengthening its global advanced plasticsrecycling platform. 4. Turkey: Anti-Dumping Measures on China-Related Polyethylene, Polypropylene Waterproof Tarpaulins and Polymer Plastic Products to Expire Soon According to the China Trade Remedy Information Network, on July 16, 2025, Turkey's Ministry of Trade issued Announcement No. 2025/15, stating that anti-dumping measures on polyethylene and polypropylene waterproof tarpaulins and polymer plastic products [Turkish: Polietilen ve polipropilenden mamul şerit veya benzerlerinden dokunmuş mensucat (yalnız dokuma brandalar)] originating from China and Vietnam will expire on May 6, 2026. Stakeholders should submit applications and evidence materials for sunset review investigations no later than 3 months before the expiration date. The Turkish tariff codes for the products are 3921.90.60.00.11, 3921.90.60.00.13, and 3926.90.97.90.18. The announcement takes effect from the date of issuance. 5. SABIC Launches First Flame-Retardant PBT Nano Injection Molding Material with Excellent Bonding Strength and Mechanical Properties SABIC announced the launch of a new product in its LNP™ THERMOTUF™ specialty composite series. The new LNP™ THERMOTUF™ WF0087N composite is the industry's first polybutylene terephthalate (PBT)-based nano-molding technology (NMT) material, combining excellent flame retardancy and superior mechanical properties. It meets the growing demand of the consumer electronics industry for lightweight and durable metal-plastic composite components, such as smartphone middle frames. In addition, the material's flame retardancy helps customers comply with the latest IEC 62368-1 safety standards for consumer electronic equipment. The LNP™ THERMOTUF™ WF0087N composite won the 2025 Edison Award. 6. Messe Düsseldorf unites its global plastics, rubber events under K-Alliance brand Germany-based global exhibition organizer Messe Düsseldorf is launching a new umbrella brand called “K-Alliance” to unite its worldwide plastics and rubber trade fairs under one identity, which replaces the previous Global Gate brand. “Global players in the plastics and rubber industry require appropriate platforms for direct market entry in growth regions,” said Thomas Franken, director of K. “Messe Düsseldorf has pooled its worldwide activities under the Global Gate brand, which will now become the K–Alliance.” Officials said the new name highlights not just market access but also strategic partnerships and alliances within the industry’s global trade fair network. “The previous name especially emphasized Messe Düsseldorf’s function as a door opener for entering promising sales markets,” Franken said. “The designation K-Alliance now places a clearer focus on the strong partnerships and alliances that our constantly growing, worldwide network of trade fairs related to plastics and rubber stands for.” The K-Alliance currently encompasses 11 global trade fairs, the biggest of which is the K fair; K 2025 is scheduled for Oct. 8-15 in Düsseldorf, with more than 3,200 exhibitors expected to showcase technologies in manufacturing, processing and finishing. 7. German associations push for mandatory compostable produce bags Industry associations are calling for compostable fruit and vegetable bags to become mandatory under the Packaging and Packaging Regulation (PPWR).The IK Industrial Association for Plastics Packaging, Plastics Europe Germany, European Bioplastics, Polykum, Carmen, and the nova Institute have published a position paper providing recommendations for Germany to implement the requirement at national level. 8. China and the EU Agree to Establish a Working Group to Cooperate on Cross-Border Data Flow in the Automotive Sector On July 17 , the second meeting of the China-EU Cross-Border Data Flow Exchange Mechanism was held in Brussels. Wang Jingtao, Vice Minister of the Cyberspace Administration of China, and Sabine Weyand, Director-General of the Directorate-General for Trade of the European Commission, co-chaired the meeting. The meeting reviewed the positive progress made since the establishment of the mechanism, believing that the mechanism has played an important role in promoting China-EU cross-border data flow. The two sides had in-depth, pragmatic, and constructive exchanges on issues related to China-EU cross-border data flow, and reached broad consensus on further leveraging the mechanism under the principle of two-way reciprocity and promoting rule alignment, in light of the demands of enterprises from both sides. The two sides agreed to establish a working group to cooperate on cross-border data flow in the automotive sector. 9.Sengkang General Hospital in Singapore Adopts 3D-Printed TPU Materials to Customize Orthotic Insoles for Diabetics The podiatry team at Sengkang General Hospital in Singapore is pioneering an innovative approach to diabetic foot care. Currently, the team is producing 3D-printed custom orthotic insoles in-house. These insoles are 3D-printed using thermoplastic polyurethane (TPU). Preliminary results show that compared with traditional insoles (23% reduction in peak pressure, 40% improvement in pressure distribution), the new insoles can reduce plantar peak pressure by up to 28.5% and improve pressure distribution by 52.7%.   Overseas macro markets:   【Putin: Europe's Abandonment of Russian Natural Gas Has Negatively Affected Its Industry】 On the 17th, Russian President Vladimir Putin stated in an interview that Europe's decision to abandon Russian natural gas has had a negative impact on its industry. In addition, Russian media reported that EU imports of Russian oil in May hit a three-month high, indicating that some EU member states still rely on Russian oil. 【Alcoa: Tariffs Keep Increasing Production Costs】 According to Bloomberg, Alcoa, the largest aluminum producer in the US, stated that US tariff policies are continuously increasing the company's production costs, and due to the impact of tariffs, its US customers are paying more for aluminum. 【US Media: US Imposes Anti-Dumping Duties on Chinese Graphite】 According to Bloomberg, the US has imposed a preliminary anti-dumping duty of 93.5% on graphite from China. A statement from the US Department of Commerce noted: "The US Department of Commerce has preliminarily determined to impose a 93.5% anti-dumping duty on imports of key battery material graphite from China due to unfair subsidies for these materials." It is worth noting that the final ruling is expected to be made by December 5 【Reliance Industries' Market Value Grows by 40 Billion USD This Year】 Shares of India's Reliance Industries have significantly outperformed India's benchmark stock index this year, with the largest lead in five years. So far this year, shares of India's most valuable company have surged 22%, while the NSE Nifty 50 index has risen only 6% in the same period. Controlled by Asia's richest man Mukesh Ambani, Reliance Industries has increased its market value by 40 billion USD in 2025, accounting for nearly one-third of the market value growth of India's benchmark stock index.   Price information:   【RMB/USD Central Parity Rate】 The RMB/USD central parity rate was reported at 7.1498, down by 37 pips; the previous trading day's central parity rate was 7.1461, the previous trading day's official closing price was 7.1796, and the previous night's closing price was 7.1809. 【Upstream raw material USD market price】 Ethylene Asia: CFR Northeast Asia $820/ton; CFR Southeast Asia $830/ton. Acrylic Northeast Asia: FOB Korea average price is $740/ton; CFR China average price is $770/ton, up $5/ton. Propane: North Asia frozen cargo CIF price, propane $512-514/ton; butane $482-484/ton. The import price of South China frozen goods in August is as follows: propane 549-559 USD/ton; butane 520-528 USD/ton. The landed price of frozen goods in Taiwan is propane at 512-514 USD/ton; butane at 482-484 USD/ton. 【LLDPE USD market price】 Film: 860-910 USD/ton (CFR Huangpu); Injection molding: $950/ton (CFR Dongguan); 【HDPE USD market price】 Film: $920/ton (CFR Huangpu); Hollow: 855-860 USD/ton (CFR Huangpu); 【LDPE USD market price】 Film: $1070-1090/ton (CFR Huangpu); Coating: $1350/ton (CFR Huangpu) 【PP USD market price】 Average aggregation: 965 USD/ton (CFR Huangpu); Co-polymerization: 940-950 USD/ton (CFR Nansha); Membrane material: 1030 USD/ton (CFR Nansha); Transparent: $1,085/ton (CFR Huangpu); Pipes: 1160 USD/ton (CFR Shanghai).

As the construction industry transitions towards sustainability, automation, and digitalization, polymer composites (PCs) combined with 3D printing technology are becoming a significant driving force for innovation in civil engineering. This technology not only enables the efficient fabrication of complex engineering structures but also significantly reduces material waste, offering new possibilities for future infrastructure development. Based on the latest research from the journal *Automation in Construction*, this article systematically explores the current applications, real-world cases, and future development trends of polymer composites in 3D printing, while analyzing existing technical challenges and potential solutions. 1. Material System and Printing Technology 1. Classification of Polymer Matrices In terms of material selection, polymer composites are mainly divided into two categories: thermoplastics and thermosets. Thermoplastic polymers such as PLA, ABS, and PEEK have become the preferred materials for 3D printing due to their recyclability and ease of processing. Among them, PLA, as a biodegradable material, has environmental advantages, but its heat resistance and impact resistance are poor, necessitating performance enhancement through modification techniques. In contrast, ABS, with its excellent impact resistance and higher glass transition temperature, is more suitable for outdoor structural components. High-performance materials like PEEK and ULTEM are widely used in infrastructure projects in extreme environments due to their outstanding high-temperature resistance, mechanical strength, and chemical stability. Thermosetting polymers are formed through photopolymerization techniques (such as SLA/DLP); although they possess excellent heat resistance and dimensional stability, their irreversible cross-linked structure makes recycling difficult, limiting their application in sustainable construction. Additionally, the introduction of recycled polymers like PET and HDPE further reduces environmental burden, but the performance degradation issues caused by multiple processing still need to be addressed. 2. Enhanced Composites In terms of enhanced materials, fiber-reinforced polymer (FRP) composites stand out. Glass fiber (GFRP) has become an ideal choice for cyclic load structures due to its high cost-performance ratio and excellent fatigue resistance. Carbon fiber (CFRP), on the other hand, occupies an important position in precision structural components due to its extremely high strength-to-weight ratio and low thermal expansion coefficient. At the same time, the introduction of natural fibers (such as bamboo and hemp) gives composites biodegradable properties, but issues such as poor moisture resistance and weather resistance still need to be addressed. The addition of particulate reinforcement materials like silica and alumina further enhances the stiffness and wear resistance of the composites, while the introduction of carbon-based materials improves electrical conductivity, providing possibilities for the development of multifunctional structures. 3. Large Component Printing Technology In the field of large component manufacturing, 3D printing technology exhibits unique advantages. Extrusion-based 3D printing (E3DP) is currently the most widely used technology in civil engineering, capable of handling concrete, ceramics, and various thermoplastic materials to meet the manufacturing needs of large-scale structures. The binder jetting technology effectively avoids thermal deformation issues by layer-by-layer binding of powder materials (such as gypsum and cement). The introduction of robotic manufacturing systems (RLFAM) enables support-free printing of complex geometries through multi-axis robotic arms and supports continuous fiber reinforcement, opening new avenues for the manufacturing of high-performance structures. Figure 1 (a) The world's largest polymer 3D printer developed by the Advanced Structures and Composites Center at the University of Maine, (b) The CEAD company Flexbot large-scale robotic 3D printing and milling system. II. Innovative Application Cases Bridge Engineering Practical engineering cases have fully demonstrated the tremendous potential of this technology. In bridge construction, a 6.5-meter span pedestrian bridge in Rotterdam, Netherlands, was made using glass fiber reinforced PET material, achieving a 50% reduction in carbon footprint while showcasing excellent durability. The Liu Yun Bridge project in China utilized ASA-3012 material and completed the printing of a 17.5-meter long bridge in just 35 days, withstanding severe environmental tests thanks to its weather resistance. Figure 2 3D printed fiber-reinforced composite material cases: (a) pedestrian bridge in Rotterdam, Netherlands, (b) pedestrian bridge in the Limerick area, Netherlands, (c) 3D printed FRP components of the Liuyun Bridge, China. 2. Architectural Structure In the field of architecture, the American BioHome 3D project uses 100% wood fiber and bio-resin for printing, completing the entire construction in just 48 hours, with all materials being recyclable. Australia's Jindi modular housing project innovatively uses recycled plastic as its core material, covered with a cement layer, addressing the issue of plastic pollution while meeting fire safety requirements. The 3D-printed houses developed by Azure in Los Angeles can be completed in just 24 hours per 200-square-foot module, while also consuming 150,000 discarded plastic bottles, providing a new approach to urban waste management. Figure 3 3D printed fiber-reinforced composite building: (a) BioHome 3D house developed by the Advanced Structures and Composites Center at the University of Maine, (b) Azur tiny house in the United States. Reinforcement and Seismic Resistance In the field of structural reinforcement, 3D printing technology has also made remarkable contributions. The application of carbon fiber reinforced PLA reinforcement has improved the energy dissipation capacity of concrete beam-column joints after high-temperature damage by 40%. Additionally, concrete slabs reinforced with continuously 3D printed carbon fiber/nylon grids have demonstrated a significant increase in shear modulus, providing a new solution for seismic reinforcement of building structures. Three, Core Challenges However, this technology still faces numerous challenges. Firstly, the layer-by-layer deposition manufacturing method leads to anisotropic mechanical properties of the materials, and insufficient interlayer bonding strength directly affects the load-bearing capacity of the overall structure. Secondly, there are significant environmental durability issues; ultraviolet radiation and moisture erosion can accelerate the aging of natural fiber composites, while the fire ratings of most polymer materials often fail to meet building safety standards. Furthermore, there are bottlenecks in large-scale production; large printing equipment requires substantial space and has low production efficiency, as printing a 5,800-kilogram bridge, for instance, may take continuously 30 days to complete. In addition, the lack of industry standards results in a lack of unified specifications for the design, certification, and quality control of 3D printed structures. Finally, the issue of material recycling urgently needs to be addressed, especially since the closed-loop recycling technology for thermosetting polymers and fiber-reinforced composites is not yet mature. Four. Future Directions Looking to the future, breakthroughs need to be achieved in multiple areas. Process optimization is the primary task; developing multi-axis printing and in-situ consolidation technology is expected to improve interlayer bonding strength, while combining additive manufacturing with traditional subtractive processes can enhance forming precision. The integration of smart materials will endow structures with new functions, such as embedding sensors for health monitoring or using self-repairing polymers to extend service life. The research and development of sustainable materials is also crucial; the promotion and application of bio-based polymers and natural fiber composites will significantly reduce carbon emissions in the industry. For specific application scenarios, such as maritime engineering, customized solutions that are corrosion-resistant and flood-resistant need to be developed. Finally, policy-driven support is essential; establishing a comprehensive performance database and lifecycle assessment standards will provide institutional guarantees for the promotion of technology. V. Conclusion In summary, the 3D printing technology for polymer composites is reshaping the field of civil engineering through its unique capabilities in customized design, lightweight advantages, and rapid construction. Although challenges such as performance consistency, environmental durability, and large-scale production still exist, with advancements in material innovation, process improvements, and the establishment of standard systems, this technology will undoubtedly play a more critical role in future infrastructure development, providing key technical support for achieving a sustainable and high-performance built environment. In practical cases, CFRP composites have achieved tensile strengths of over 500MPa, GFRP's flexural strength can reach 200MPa, and the use of recycled PET materials can reduce virgin plastic consumption by 70%. The production process of bio-based PLA can decrease energy consumption by 60%. Although robotic printing can reduce the cost of complex components by 30%, the current material costs are still higher than traditional concrete, which will be a key area for future breakthroughs.

The Düsseldorf Exhibition Company (Messe Düsseldorf), a global exhibition organizer based in Germany, is launching a new brand called "K-Alliance," aimed at integrating its global exhibitions in the plastics and rubber industry under the same branding, replacing the previous "Global Gate" brand. "Global participants in the plastics and rubber industry need the right platform to directly access markets in growth regions," said Thomas Franken, Director of the K Department. "The Düsseldorf Exhibition Company previously integrated its global business under the 'Global Gate' brand, which is now being upgraded to 'K-Alliance.'" The official statement noted that the new name not only highlights the market access function but also emphasizes the strategic partnerships and alliances within the global trade fair network of the industry. Franken pointed out, "The previous name focused on the Düsseldorf Exhibition Company's role as a 'gatekeeper' to help companies enter potentially lucrative sales markets; whereas the name 'K-Alliance' more clearly focuses on the strong spirit of cooperation and alliance represented by our expanding global network of plastics and rubber-related exhibitions." Currently, K-Alliance encompasses 11 global exhibitions, the largest of which is the K Fair. The 2025 K Fair is scheduled to be held in Düsseldorf from October 8 to 15, with an expected participation of over 3,200 exhibitors showcasing various technologies in the fields of manufacturing, processing, and post-processing. The exhibitions planned for 2026 include: Plastindia in India, Plastics & Rubber Vietnam, Chinaplas in China, Plast Alger in Algeria, Colombiaplast in Colombia, Plastics & Rubber Thailand, and Central Asia Plast World in Kazakhstan. The Arabplast exhibition is scheduled to be held in 2027 in the United Arab Emirates. The latest member of the alliance is the "Saudi Plastics & Petrochem Exhibition," which will be held from April 12 to 15, 2026, in Riyadh, Saudi Arabia. The Saudi Print & Pack Exhibition will also be held concurrently.

Title: Classification and Research and Development Application Status of Biodegradable Mulch Film Source: Journal of Agricultural Environmental Sciences, 2024, 43(6): 1278-1287. Authors: Zhang Mingming, Zhou Yingxin, Chen Jingwen, Xu Jun, Xu Jing, Sun Chitao, Weng Yunxuan, Tan Zhijian, Xu Lei, Mi Qinghua*, Guo Baohua* Note: This article is an excerpt published in June 2024, and the related data may be outdated. 1. Production situation of biodegradable films Currently, China is the largest producer, seller, and user of biodegradable films in the world. In the first half of 2023, China had more than ten thousand tons of biodegradable film production and sales, with seven companies producing over one thousand tons. These companies are Shanghai Hongrui Biotechnology Co., Ltd., Shandong Jinan Xin San Plastic Industry Co., Ltd., Henan Yinfeng Plastic Co., Ltd., Qingdao Haiyi Plastic Co., Ltd., Gansu Lanzhou Xinyin Huan Rubber and Plastic Products Co., Ltd., Yunnan Kedi Plastic Co., Ltd., and Jinan Tianyi Plastic Co., Ltd. The company with the highest production and sales is Shanghai Hongrui Biotechnology Co., Ltd., and the province with the highest production and sales is Shandong Province. After 2024,Shandong Blue Ocean Crystal Technology Co., Ltd.A newcomer in the agricultural film industry, the company has received orders exceeding 10 million yuan for agricultural film in the first half of 2025. The main raw material PBAT for biodegradable film is priced at 12,000 to 13,500 yuan per ton, while the special blow film material is priced at 15,000 to 18,000 yuan per ton. The factory price for different specifications of film ranges from 21,000 to 25,000 yuan per ton, and the market retail price ranges from 24,100 to 26,800 yuan per ton. Based on the above factory prices and retail prices, the cost of using the film for farmers is shown in the table below. Currently, the production capacity of hemp mulch made from plant fibers in China exceeds 50,000 tons. Its derivative seedling film has shown significant promotional effects in the cultivation of rice and rapeseed seedlings, with low investment and high output. However, in recent years, the rising prices of hemp fiber raw materials have led to increased production costs, which in turn limits its application in mulch. Paper mulch and other plant fiber mulches are mostly still in the research and development or initial promotion stages. The main factors restricting their application include high production costs, poor resistance to wind and rain, and high water vapor permeability. 2. Application of biodegradable film Biodegradable plastic film has been widely tested and demonstrated in the country. According to the research team from the Ministry of Agriculture and Rural Affairs on the "Current Status and Characteristics of Research and Application of Degradable Plastic Film," In the first half of 2023, the demonstration and promotion area of biodegradable film has exceeded 100,000 hectares. The main crops demonstrated include potatoes, sweet potatoes, taro, corn, rice, peanuts, sunflowers, cotton, vegetables (cucumbers, bitter gourds, loofahs, tomatoes, eggplants, garlic, peppers, green beans, kidney beans, radishes, cabbages, asparagus, etc.), tobacco, melons, pineapples, and others. The region with the largest demonstration application area is Inner Mongolia. Biodegradable plastic film generally increases yield compared to PE plastic film in the application of medium- and short-growth-cycle crops. The use of black biodegradable plastic film on crops like rice has shown significant effects in terms of weed control and yield increase. It has also shown notable yield improvements in underground tuber crops. Research by Cheng Wanli et al. indicates that, compared to PE film, the use of biodegradable plastic film in the Hexi irrigation area increased potato yield by 13.64%. He Pengcheng et al. compared the effects of different biodegradable films on potato yield, and the results showed that the yield increase with biodegradable plastic film compared to PE film could reach 15.76%. 3. Existing Problems Biodegradable mulch films have made significant contributions to ensuring the safe supply of agricultural products in China and protecting the ecological environment. However, in the process of practical promotion and application, biodegradable mulch films still face a series of challenges and issues. (1) Insufficient research on adaptive matching. The performance of biodegradable mulching film is influenced by various factors, including material composition and application environmental conditions. Different regions, crops, and seasons have varying functional requirements for mulching films, such as moisture retention, temperature maintenance, breathability, weed suppression, and pest repellent. Currently, there is a lack of crop-specific biodegradable mulching films that precisely match performance and functionality. (2) The low-cost modification and performance regulation technology needs to be improved. Compared to traditional polyethylene (PE) film, the cost of biodegradable film is about twice as high, and its moisture retention, thermal insulation, and weather resistance properties still need enhancement. There is an urgent need to develop high-performance, low-cost biodegradable materials and modification technologies. (3) The technical standards for the entire chain are urgently needed to be improved. Although China has established product standards for fully biodegradable agricultural ground cover films, the comprehensive technical standard system that covers the entire chain—from the production, sales, and use of biodegradable films to degradation monitoring and residue treatment—is still in need of improvement. At the same time, there is a lack of product and application technology standards for biodegradable films that are specific to certain regions and crops. (4) The awareness of scientific applications is not high. The application of biodegradable film not only addresses the issue of film pollution at the source but also reduces the costs associated with film recovery. However, the awareness and acceptance of the scientific application technology of biodegradable film among the majority of farmers still need to be improved. There is a need to further strengthen the training, publicity, and promotion of biodegradable film application technology. (5) Supporting policies, regulations, and management measures are still not sound. At the national level, relevant policies and regulations have been established to encourage and support the research, production, and use of biodegradable plastic films, but local supporting regulations and policies are not yet sound, including ecological subsidies, tax incentives, and other incentive mechanisms, as well as strict quality control of biodegradable plastic films and supervision systems for non-standard films. 4. Countermeasures and Suggestions The promotion and use of biodegradable film in our country has received full recognition from society and has achieved important phased results. However, it is necessary to further improve policies, regulations, and systems, as well as the demonstration and promotion system. We should increase innovation and demonstration support, enhance promotion training and publicity efforts, expand the pilot scope based on the existing pilot provinces and cities, and take the following relevant measures: (1) Improve policies, regulations, and management measures. It is recommended that relevant departments enhance support policies for biodegradable film, strengthen market supervision of non-standard films, and regulate the main raw materials, relative biodegradation rates, thickness, tensile properties, light transmittance, ecological toxicity tests, and field usage of biodegradable films; establish management measures and work mechanisms for regular inspections of product production, field applications, and soil health; prohibit the use and promotion of photodegradable films; strengthen the precise matching of scientific usage funding for plastic films with local crop needs; implement management measures such as a production license or access system for biodegradable film, a factory sales usage ledger system, and a government promotion subsidy tendering system; ensure traceability of products through coding; standardize the use of national financial project funds, enhance the timeliness and supervision of fund allocation, and avoid additional costs and price differences due to delays in fund disbursement. (2) Strengthen the investment in the production capacity of new biodegradable film. In response to the issues of mismatched coverage needs of biodegradable film products with crops, seasons, and regional characteristics, optimize resource allocation, enhance research and development of specialized materials for biodegradable film, low-cost modification, and processing innovation technologies. Conduct supporting research on the scientific application of biodegradable film in different regions, for different crops, and in different seasons, continuously extending the innovation chain and improving the industrial chain; establish a scientific and effective monitoring and evaluation system for the application of biodegradable film, and strengthen the scientific application of evaluation results; enhance the investment from governments at all levels and enterprises in the research and development and application demonstration of biodegradable film technology. In pilot projects for the scientific application of film, support research on film functions and agronomic machinery matching, regional application technologies, etc., at a certain percentage of the funding; guide enterprises to independently invest in related technology research and development and application demonstration work, forming new productive forces brought by the application of biodegradable film technology. (3) Establish a full-chain technical standard and application regulations. Improve national standards for special materials for biodegradable film, product industry standards, and local application standards. Encourage and guide enterprises to formulate product enterprise standards in the production of film, establish a product traceability system, and standardize the preparation of product usage manuals. In the packaging and storage phase, develop corresponding requirements based on the performance characteristics of different biodegradable films. In the field application phase, establish application guidance manuals and technical regulations for film usage in different regions and for different crops, to guide the scientific and standardized application of biodegradable films. (4) Strengthen popular science and publicity efforts. Multiple departments should work together to utilize radio, television, and new media to enhance the promotion of the significance and technology of biodegradable film applications; agricultural technology promotion departments at all levels and research and production units should collaborate to develop training lesson plans and promotional materials for the scientific use of film, actively conducting training and experience exchange activities for planting enterprises, cooperatives, large-scale farmers, and agricultural technicians on the application of biodegradable film, to improve the awareness and acceptance of relevant personnel regarding biodegradable film.

It has been reported that on July 17, 2025, polyester fiber industry giant Xinfengming (603225) announced that the company plans to invest 100 million yuan to increase its capital in Hefei Lif Biotechnology Co., Ltd., and after the investment, it will hold a 7.0175% stake in the company. This capital marriage not only represents a key layout for Xin Fengming's strategy of "greening, differentiation, and innovation," but also marks a new stage in the industrialization process of biobased polyester materials in China. Relying on Lif's technological accumulation in the field of FDCA (2,5-furandicarboxylic acid), the two parties have previously achieved large-scale production of 100% biobased polyester PEF filaments, providing a feasible technological path for the green transformation of the textile industry. 1. The underlying logic of investment, breaking through homogeneous competition. The recent investment by Xin Fengming is not a coincidence. As a leading global enterprise in polyester fibers,The total market value has reached 17 billion yuan, and its traditional core business is facing increasing pressure from intensified homogenization competition. Biobased materials are seen as an important direction to break through this "involution." The announcement clearly states that the core investment goal is to explore the application of PEF in high-end biobased fibers, green packaging, and other fields through Lifu Bio's FDCA technology, which aligns closely with New Fengming's strategy of "consolidating traditional industries + laying out emerging industries." Lif Biological's core value lies in its technological barriers for furan-based bio materials. Since its establishment in 2014, the company has focused on the R&D of FDCA and downstream PEF, having built the world's first thousand-ton FDCA production line and a hundred-ton continuous production line. The ten-thousand-ton production line currently under construction is expected to be operational by the end of 2025, making it the largest FDCA supplier globally upon commissioning. More importantly, its technological path has broken through industry bottlenecks—by using the "glucose-HMF-FDCA" process, it has eliminated reliance on expensive raw materials, and the product purity reaches 99.99%, with polymerization performance leading the industry. This technological advantage is directly reflected in the valuation logic: Liv Biology's post-investment valuation reached 768 million yuan in its B1 round in 2023, with the pre-investment valuation already reaching 1.2 billion yuan, and the post-investment valuation now exceeding 1.5 billion yuan. The announcement explains that the valuation increase is supported by four core factors: the maturity of continuous processes using glucose as a raw material, globally leading FDCA quality, delivery capability advantages from a ten-thousand-ton production line, and a clear cost reduction path—FDCA prices are expected to drop to 50,000-60,000 yuan/ton by 2025 and further reduce to 20,000-30,000 yuan/ton after 2027, gradually approaching the cost of petroleum-based raw materials. 2. Technological breakthroughs + capital support, PEF is about to be industrialized. Biobased polyester PEF is regarded by the industry as the best alternative to petroleum-based PET. Its chemical structural similarity to PET means it is compatible with existing production equipment, while its performance advantages are even more significant: in addition to the low-carbon properties brought by being fully biobased, PEF fibers exhibit outstanding performance in moisture absorption and quick drying (with a moisture absorption rate more than twice that of PET) and natural antibacterial properties (with an antibacterial rate exceeding 99%). This demonstrates great application potential in fields such as sportswear and medical textiles. Image source: Livzon Biological Products The breakthrough in large-scale mass production is the result of the combination of New Fengming's industrial capabilities and Liv Biotech. Livzon Bio provides core raw material assurance: its FDCA product has a purity of 99.99%, exhibiting more stable reactivity during the polymerization process, laying the foundation for the physical properties of PEF filaments. Xin Fengming contributed to mass production experience: As a polyester production expert, it solved process challenges such as melt flow and stretching stabilization in the PEF spinning process, transforming laboratory technology into industrial production capacity. According to OECD forecasts, by 2030, biobased products will replace 25% of the organic chemicals market. As PEF is the biobased material closest to PET, it is expected to rapidly penetrate fields such as textiles and packaging. Through this investment, Xinfengming secures FDCA supply, effectively obtaining a "ticket" to the industrialization of biobased materials in advance. 3. Opportunities and challenges coexist, and Livzon Bio continues to incur losses. Despite the promising prospects, this collaboration still faces many challenges. The announcement clearly points out three major risks: 1. Market uncertainty: The acceptance and price sensitivity of bio-based materials need to be tested by the market; 2. Production line commissioning risk: If Liv Biotech's ton-level FDCA production line cannot be commissioned on schedule, it will affect the scaling process of PEF; 3. Revenue cycle issue: Liv Biotech has been continuously losing money since its establishment (with a net profit of -55.3137 million yuan in 2024 and a net profit of -13.3683 million yuan from January to March 2025), making it difficult to contribute profits to New Fengming in the short term. However, as technology continues to mature, these risks are gradually being mitigated. Livbio's losses primarily stem from early-stage research and development investments. With the production line reaching a capacity of tens of thousands of tons and costs declining, the profitability outlook has become clear. Xin Fengming also controls risks through a "stakeholding rather than controlling" approach, while retaining flexibility for technical collaboration. More importantly, both parties have formed a closed loop of "technology research and development - raw material supply - mass production implementation": Livbio is responsible for reducing FDCA costs, while Xin Fengming is responsible for expanding PEF application scenarios. This division of labor model provides sustainable momentum for industrialization. 4. FDCA industry financing heats up, capital races in the biobased track. FDCA, as the core raw material for bio-based polyesters, has become a popular track for capital competition. From the perspective of industry financing, multiple companies have received capital injections at different stages: Lif Biological has recently received 100 million yuan in C-round financing from New Fengming; Sugar Energy Technology is set to complete its B+ round financing in 2024, although the amount is unknown, it is supported by Zhoushan Financial and Daishan Investment Group; Zhongke Guosheng secured 200 million yuan in A+ round financing in March 2025, with CITIC Jinshi and PwC Capital participating; Yunshang New Materials, Sairike, and Yujun Biological have also received capital favor in the Angel+, Angel+, and B round stages, respectively. Behind the capital-intensive layout is a long-term optimism for bio-based materials to replace petroleum-based materials. Different rounds of financing reflect the development stages of enterprises: the angel round focuses on technology validation, rounds A/B promote capacity landing, and round C accelerates industrial expansion. New Feng Ming's investment in Lifa Bio is not only a strategic extension for itself but also in line with the rising trend of financing in the FDCA industry. It leverages capital to deepen its bio-based polyester layout and works with other companies in the industry to promote the FDCA-PEF industrial chain from technology research and development to large-scale application, seizing the initiative in the green materials revolution. With the commissioning of Livan Bio's 10,000-ton FDCA production line and the expansion of PEF application scenarios, this investment, which began with technological cooperation, is expected to reshape the global polyester material competition landscape. As stated in the announcement, this is not only a choice for enterprises seeking new momentum but also a practice of "contributing new qualitative power to the green development of the global textile fiber industry."

On July 13, the Sichuan Provincial Department of Ecology and Environment issued a notice stating that, in accordance with the relevant regulations of the approval procedures for environmental impact assessments of construction projects, after review, it intends to make a decision on the approval of the special bamboo fiber functional material project of Sichuan Huanlong Ecological Technology Co., Ltd. at the Bamboo Health Bamboo Industry Park. At this point, the 1.5 billion yuan bamboo fiber project has obtained its "permit to start production," and another paper pulp molding large factory is about to be put into operation. This is also a milestone moment for the bamboo fiber industry in Sichuan! Sichuan Huanlong Ecological Technology Co., Ltd. is located in Meishan City, Sichuan Province. The total investment for the approved project is 1.5 billion yuan, which includes the construction of a production line for 250,000 tons/year (dry weight) of bleached bamboo pulp, a production line for 204,000 tons/year (dry weight) of fluff pulp (high-performance bamboo fiber water-absorbing substrate), and a production line for 46,000 tons of molded paper pulp specifically for tableware (dry weight, actual dryness 48%), as well as supporting public utilities, environmental protection, and other facilities. This project relies on Sichuan's abundant bamboo resource advantages. Once completed, it can replace approximately 300,000 tons of wood pulp raw materials annually (calculated at a 1:1.3 bamboo to wood conversion rate). In the context of the ongoing deepening of the "plastic ban," the breakthrough in the production capacity of bamboo fiber molded tableware-specific pulp provides a key raw material guarantee for the environmentally friendly packaging industry. "We have signed a Memorandum of Understanding with the Finnish National Technical Research Centre regarding the cooperative research on bamboo biomass refining technology and the full-value utilization of bamboo." The party secretary of Huanlong Company stated that in the next steps, both parties will rely on their respective advantages to carry out research on bamboo biomass refining technology, technology for the full-value utilization of bamboo, and the development of high value-added bamboo products, gradually forming a distinctive industrial system for bamboo biomass refining and full-value utilization of bamboo. Huanlong Ecological is a subsidiary of Huanlong Group, established in 1987. Huanlong Group was originally a global leader in the production of paper blankets and owns two major companies: Sichuan Huanlong New Materials Co., Ltd. (the parent company of Huanlong Ecological) and Huanlong Holdings Limited. In 2011, Huanlong Group established Sichuan Huanlong New Materials Co., Ltd. to develop a full bamboo fiber industry chain. In 2022, Huanlong Holdings successfully went public in Hong Kong. In 2023, the Banbu Health Bamboo Industrial Park officially commenced operations. It is worth noting that Huanlong has also jointly established Guangxi Zhuri Ecological Technology Co., Ltd. with Ningbo Jia, with both parties holding 41% of the shares. The first phase of the project has an annual production capacity of 200,000 tons of chemical bamboo pulp (used for making bamboo boards), 200,000 tons of chemical bamboo boards, and 100,000 tons of mechanical bamboo pulp. All chemical bamboo pulp will be used to produce chemical bamboo boards for high-end paper product enterprises within the Guangxi Zhuang Autonomous Region, while mechanical bamboo pulp will be directly supplied to downstream pulp molding enterprises within the park. The second phase of the project will have an annual production capacity of 200,000 tons of chemical bamboo pulp (used for producing household paper), 200,000 tons of high-grade household paper, and post-processing, with 200,000 tons of chemical bamboo pulp being converted into high-end paper products within the project. It is expected that the Huanlong Ecological and Guangxi Zhuri Phase I projects will be completed and put into operation by 2026. After the projects are put into operation, Huanlong is expected to become the largest bamboo fiber chain leader in the country.

Recently, many places around the world have been subjected to high-temperature "baking" tests. According to statistics from the Manzhouli Customs,In the first half of 2025, the export of "cooling appliances" (air conditioners, refrigerators, fans) through the Manzhouli Port amounted to 520 million yuan, a year-on-year increase of 22.4%.The monthly export value has continued to grow for five consecutive months, reaching a historical high of 130 million yuan in May. Data from the China Household Electrical Appliances Association shows that from January to May 2025,China's air conditioning exports to the EU and the UK reached 1.388 billion USD, a year-on-year increase of 20.25%; the export volume reached 7.9682 million units, a year-on-year increase of 20.14%.。 The data from the General Administration of Customs shows that China's export of household appliances is in a high base situation from last year.From January to May this year, a total of 18,425,300 units were exported, an increase of 6.1% year-on-year. Behind the rising export data, there are both external factors such as the soaring temperatures caused by global warming, and more importantly, the accelerated overseas expansion of Chinese home appliance companies. These companies are investing in establishing bases around the world, promoting their own brands, and exploring untapped market areas. Especially in emerging markets like Southeast Asia, South America, and Africa, these regions have become key battlegrounds for home appliance companies "going abroad." According to a report by the China Industry Research Institute, Hisense Group announced on July 11 this year that its factory in Algeria, built in cooperation with the local Condor Group, has officially launched its first large-scale export operation.Exporting over 5,000 locally produced televisions and washing machines to strategic markets in the Middle East and North Africa (MENA) such as Egypt and Tunisia.。 Midea Group has also been active in South America, Latin America, Southeast Asia, and other regions. On June 16, representatives from Midea and a delegation from the government of Minas Gerais State in Brazil announced four new investment projects in the state. Source: Midea Group official Weibo. As a strategic market for Midea, Brazil has seen the company deepen its supply chain manufacturing layout in recent years. On June 16, representatives from Midea announced four new investment projects in partnership with the government delegation of Minas Gerais State, totaling 198 million reais (approximately 258 million yuan). The new investments will include four projects: a logistics distribution center, a Welling motor factory, a Midea industrial EPS factory in Brazil, and...The new refrigerator factory is planned to officially start production in the first quarter of 2028. In the first half of the year, Midea increased its investment in brand building in South America, Southeast Asia, and other regions, actively expanding sales channels. It held a smart home appliance product launch in Buenos Aires, the capital of Argentina, and also hosted the 2025 Toshiba product launch in Manila, Philippines. Peru is an important part of the Latin American market. In May of this year, Midea held its first product launch event in Lima, the capital of Peru.Since its establishment at the beginning of 2024, Midea's Peru branch has quickly established sales channels for core categories such as smart air conditioners, large-capacity refrigerators, and washing machines, with all products being localized and improved to suit Peru's climate and consumer habits.。 In recent years, Haier has been focusing on brand internationalization and has intensified its efforts to promote its independent brand in Southeast Asia. On May 28, a brand launch and new product release conference was held in Ho Chi Minh City, Vietnam, announcing...Haier brand officially enters the Vietnamese market.At the event, three new high-end washing machine models from Haier were launched, and a strategic cooperation was announced with DMX, a leading home appliance retail platform in Vietnam. On May 28, Haier Smart Home announced in Ho Chi Minh City, Vietnam, that the Haier brand officially entered the Vietnamese market. Image source: Haier Group WeChat Official Account. The prospectus of Aux Electric shows that as of the three months ending March 31, 2025, overseas revenue accounted for 57.1%. Having tasted the "sweetness" of going abroad, Aux has also increased its globalization efforts this year. In April, the AUX overseas OBM dealer conference was held in Pattaya, Thailand, attracting air conditioning industry partners from over 30 countries around the world.As an important overseas manufacturing base of AUX Group, the AUX Thailand factory will continue to enhance its localization operational capabilities to support production and delivery in the regional market. AUX Air Conditioner officially enters the UAE market. Image source: Screenshot from AUX Air Conditioner's WeChat official account. It's also April.AUX Air Conditioning announces its official establishment in the UAE market.AUX held its first dealer conference in Dubai, where itC-Series Through localized innovative design, it fully meets the multiple expectations of Middle Eastern consumers for product durability, quiet comfort, and easy installation. From May 20 to 22, AUX Group showcased its full range of smart air conditioning solutions for home and commercial use at the 8th Nigeria International Air Conditioning, Ventilation and Refrigeration Exhibition (MEGACLIMA), a benchmark event in the non-refrigeration industry.AUX is engaging in in-depth discussions with multi-national distributors regarding customized services to accumulate strategic resources for the ongoing expansion into the West African market.。 Driven by global high temperatures and changes in market demand, exports have become an important engine for the growth of China's home appliance industry. In the face of intense competition in the international market, domestic electrical enterprises need to further strengthen brand building, enhance independent innovation capabilities, and ensure steady progress in a complex and ever-changing international environment.

In recent days, many places across the country have been experiencing high temperatures, making it unbearably hot. After sweating, clothes stick to the body, making it extremely uncomfortable. Is there a magical fabric that can make a person feel instantly cool when worn? Some brothers are there! It is——polylactic acid (PLA) fiber, a magical fiber from nature, known as "breathable fiber" by people. Today, let's have a good talk about polylactic acid (PLA) fibers and see how they bring us coolness in the scorching summer. Where does polylactic acid fiber come from? The raw materials for polylactic acid fibers are starchy agricultural products such as corn, wheat, and sugar beets. These agricultural products undergo fermentation to produce lactic acid, which is then processed through a series of complex techniques such as polymerization and melt spinning, ultimately transforming into the polylactic acid fibers we see. It can be said that polylactic acid fibers are fibers "grown" from the fields, and their birth process is filled with the wonders and wisdom of nature. From the perspective of sustainable development, the raw material sources for polylactic acid fibers are very abundant and can be continuously obtained through cultivation. When polylactic acid fibers are discarded, they can completely decompose into carbon dioxide and water in nature, unlike traditional chemical fibers, which impose a heavy burden on the environment. This characteristic of coming from nature and returning to nature makes polylactic acid fibers truly deserving of the title "green and environmentally friendly fibers." Why can polylactic acid fibers bring a cool feeling? Polylactic acid fibers have excellent moisture-wicking and breathability, which is one of the key reasons they can keep people feeling cool in the summer. Its surface has many tiny grooves and holes, and these microscopic structures act like countless tiny "highways," quickly guiding the sweat from the skin surface to the fabric surface, allowing the sweat to evaporate rapidly.   In comparison, ordinary cotton fabrics can absorb sweat, but the diffusion speed of sweat on cotton is relatively slow, and the evaporation is not fast enough, so wearing it often feels damp. In contrast, clothing made from polylactic acid fibers can quickly diffuse and evaporate sweat, keeping the fabric dry and making people feel particularly cool.   The thermal conductivity of polylactic acid fibers is also relatively low. Simply put, it is like building an insulating barrier for our body, effectively blocking the invasion of external heat. At the same time, when our body generates heat, polylactic acid fibers can promptly dissipate this heat, keeping our body temperature within a comfortable range. Antibacterial, mite removal, allergy prevention In addition to providing coolness in the summer, polylactic acid fiber has many other amazing properties. It has natural antibacterial, anti-mite, and anti-allergic capabilities. Polylactic acid fibers are weakly acidic, similar to the pH of the skin, and can slowly release lactic acid, which helps to remove dead skin cells, promote epidermal metabolism, and aid in collagen growth. In the clothing field, the application of polylactic acid (PLA) fibers is becoming increasingly widespread. Many sports brands have launched athletic apparel containing PLA fibers, such as T-shirts, shorts, and sports underwear. These sports garments not only possess excellent sweat-wicking and quick-drying properties, allowing athletes to stay dry during exercise and improve performance, but they also offer good comfort and breathability, making athletes feel more at ease while exercising. In the home textile field, polylactic acid (PLA) fiber also performs excellently. Quilts made from PLA fiber have good warmth retention and breathability, keeping you warm and comfortable in winter and preventing stuffiness in summer. Additionally, the natural antibacterial properties of PLA fiber help keep the quilt clean and hygienic, reducing the growth of dust mites, making it particularly suitable for individuals with allergies. How to choose products made of polylactic acid fiber When selecting products made from polylactic acid fiber, we can confirm by checking the product label. Generally, legitimate products will clearly state the composition on the label, and those containing polylactic acid fiber will be explicitly marked as "Polylactic Acid (PLA)" or "Corn Fiber" (polylactic acid fiber is also commonly referred to as corn fiber). Additionally, we can feel the texture of the product by touch and observation. Polylactic acid fiber products typically have a soft, smooth feel, and the fabric has a certain degree of luster. Although polylactic acid fibers have many advantages, they are not without flaws. Currently, the price of polylactic acid fiber products is relatively high, which somewhat limits their popularity. However, with the continuous advancement of technology and the expansion of production scale, it is believed that in the near future, the prices of polylactic acid fiber products will become more affordable, allowing more people to enjoy the comfort and health benefits they bring.

Zhejiang Yuyao's total subsidy reaches 200 yuan per mu; Inner Mongolia Chifeng City's Ningcheng County subsidy reaches 170 yuan per mu; Shandong Guanquan County subsidy is 168 yuan per mu; Guizhou Province Yuqing County subsidy is 90 yuan per mu. Biodegradable film, as a key material to tackle the "white pollution" in farmland and promote green agricultural development, has always been guided and supported by policies and funding in its research, production, and application. In recent years, China has established a policy system that integrates national coordination and local implementation, with supporting funds forming a complete chain of support from scientific research breakthroughs to application promotion, laying a solid foundation for the large-scale application of biodegradable film. 1. National Policy System: From Legal Protection to Standard Norms At the national level, a comprehensive policy framework is established through laws and regulations as well as special plans, which not only clarifies the development direction but also standardizes market order, providing institutional guarantees for the development of biodegradable films. In terms of laws and regulations, support policies are gradually deepening. In 2016, the "Soil Pollution Prevention and Control Action Plan" first proposed to "research and formulate standards for biodegradable agricultural films," paving the way for the standardization of biodegradable film. In 2018, the "Soil Pollution Prevention and Control Law of the People's Republic of China" clearly established the legal status of "the state encourages and supports the use of biodegradable agricultural films" in legal form. In 2020, the "Management Measures for Agricultural Film" further regulated the market, clearly stating that "the production, sale, and use of agricultural films that do not meet mandatory standards are prohibited, and the production and use of fully biodegradable agricultural films are encouraged and supported." It also requires the establishment of a production and sales ledger and a traceability system. In 2023, the Ministry of Agriculture and Rural Affairs, in conjunction with the State Administration for Market Regulation and three other departments, issued a notice on "Further Strengthening the Regulatory Enforcement of Agricultural Film," deploying the investigation and handling of illegal activities related to non-standard agricultural film, in order to block the entry of inferior products into farmland from the source. In addition, the central government's "No. 1 Document" in 2021 and 2022 repeatedly proposed "strengthening the research and promotion of biodegradable agricultural film" and "increasing the promotion of fully biodegradable plastic film," incorporating it into key agricultural work. In terms of standard specifications, the country imposes dual standards to regulate product quality. The current national standard "Fully Biodegradable Agricultural Ground Cover Film" (GB/T 35795-2017) clearly defines core indicators such as thickness, tensile properties, and biodegradation rate (which must completely degrade into CO₂, H₂O, and mineral inorganic salts under specific conditions); at the same time, the Ministry of Agriculture and Rural Affairs promotes the establishment of application technical regulations for different crops and regions, providing a basis for scientific use. 2. National funding support: from scientific research breakthroughs to application demonstrations The country provides support for the technological innovation and application promotion of biodegradable film through special research funding, demonstration project funding, and other means. In the field of scientific research tackling key challenges, the National Key R&D Program provides targeted support for breakthroughs in core technologies. The "14th Five-Year Plan" National Key R&D Program project "Creation and Industrialization of Fully Biodegradable Mulching Materials and Products" (2021YFD1700700) focuses on key technologies such as low-cost modification of core materials like PBAT and PLA, and regulation of degradation cycles. It promotes collaborative efforts among industry, academia, and research institutions, and has helped develop specialized mulching film formulations suitable for different crops such as potatoes and corn. In the application demonstration field, the central government promotes large-scale verification through special pilot projects. In 2022, the Ministry of Agriculture and Rural Affairs and the Ministry of Finance launched a pilot program for the scientific use and recovery of plastic film, aiming to promote 5 million acres of fully biodegradable film in key film usage areas. Starting from 2021, the Ministry of Agriculture and Rural Affairs has established 19 evaluation and application bases for fully biodegradable plastic film in 12 provinces (autonomous regions) including Hebei, Inner Mongolia, and Gansu, conducting field trials to verify the adaptability of different regions and crops. Data on degradation rates, soil impact, and crop yield increases are recorded through field trials to provide "replicable and promotable" practical experiences for promotion in different regions. 3. Financial subsidies: Central support and local enhancements The funding subsidy for biodegradable film adopts a model of "central fixed base, local supplementation," reducing the cost for farmers. The central government has established a basic subsidy for farmland using fully biodegradable film, with a standard of 60 yuan per mu, covering key aspects such as film procurement and application. On this basis, local governments can add additional subsidies according to actual needs (ranging from 30 to 120 yuan per mu), forming a combined support of "central + local." For example, the total subsidy in Yuyao, Zhejiang reaches 200 yuan per mu; in Ningcheng County, Chifeng City, Inner Mongolia, the subsidy reaches 170 yuan per mu; in Guanqu County, Shandong, the subsidy is 168 yuan per mu; and in Yuqing County, Guizhou Province, the subsidy is 90 yuan per mu. These differentiated subsidy policies take into account both the economic level of the region and the local demand for film usage—such as Inner Mongolia and Gansu, which are traditional provinces for film usage, accelerating the process of replacing conventional film with biodegradable film through subsidies. 4. The increase in industry scale helps reduce costs. The expansion of core raw material production capacity and the decrease in prices provide industrial support for the scaled application of biodegradable films. China’s PBAT (the core raw material for biodegradable films) production capacity is rapidly increasing and has reached 1.62 million tons per year. Companies such as Kingfa Technology, Lanshan Tunhe, Ruian Technology, Hubei Yihua, and Donghua Tianye have established large-scale production capabilities. The price of PBAT has dropped from 30,000 yuan/ton in 2021 to around 10,000 yuan/ton by 2025, directly leading to a reduction in the cost of the final application of biodegradable films, further narrowing the price gap with traditional films and creating favorable conditions for its promotion on a larger scale. From the construction of a regulatory framework based on policies and regulations, to financial subsidies that lower application thresholds, and then to industrial upgrades that drive down costs, China has formed a complete system to support the development of biodegradable plastic film. This system not only addresses the issue of "technical feasibility," but also tackles the problem of "high application costs," promoting the transition of biodegradable plastic film from "pilot demonstration" to "scaled application," and providing strong support for the green transformation of agriculture and the management of "white pollution" in farmland.

International News Digest:   Raw Material News - Ocean Conservancy Report Claims Most States Lagging in Plastic Pollution Efforts Automotive News - Renault Appoints Interim CEO and Lowers 2025 Profit Forecast Electronics News - Researchers Develop Breakthrough Heat - Conductive Plastic to Help Prevent Overheating in Advanced Electronic Devices Medical News - Medical Disposables Manufacturer Reshores Operations to North Carolina Macro News - AMD Announces Resumption of AI Chip Exports to China Price Information - RMB/USD Central Parity Rate Reported at 7.1526, Down 28 Pips   Details of International News:   Ocean Conservancy Report Claims Most States Lagging in Plastic Pollution Efforts The Washington-based Ocean Conservancy has released a new report, "United States of Plastics," that analyzes state-level efforts to combat plastic pollution on a five-star scale. According to the report, on average, U.S. states scored 1.5 stars, or “needs improvement,” with 44 out of 50 states and Washington D.C. scoring below three stars.“Overall, the results are disappointing,” Ocean Conservancy Director of Plastics Policy Anja Brandon says. “Four in five Americans consider plastic pollution to be the most pressing issue facing our ocean, yet only six states ranked as ‘good’ or above in our study. We hope that the 'United States of Plastics' report inspires policy change and gives a benchmark for states to measure their progress in combating plastic pollution in the years to come.” Anya, Plastic Policy Director of the Ocean ConservancyBrandon stated, "Overall, the results are disappointing. Four out of five Americans believe plastic pollution is the most urgent issue facing the oceans; however, in our study, only six states were rated 'good' or above. We hope the 'State of Plastic in America' report can drive policy change and provide a benchmark for states to measure their progress in addressing plastic pollution in the coming years." Stratasys Unveils 'True' Silicone 3D-printing Material The new P3 Silicone 25A is a high-performance material developed in a strategic collaboration with Shin-Etsu and designed exclusively for the Stratasys Origin DLP platform. It can be used to produce a range of products, including suction cups.   Medical Disposables Manufacturer Reshores Operations to North Carolina A manufacturer of medical disposables headquartered in Hauppauge, NY, with manufacturing operations in China, GMAX Industries Inc. has chosen to locate its base of manufacturing operations in Winston-Salem, NC, according to a news report from Greater Winston Salem Inc. The decision is described as a strategic initiative to relocate manufacturing in the United States. Researchers Develop Breakthrough Heat - Conductive Plastic to Help Prevent Overheating in Advanced Electronic Devices Anyone who has left a phone in a hot car knows that electronic devices shut down when they overheat. According to foreign media reports, researchers at Northeastern University have developed a new type of lightweight plastic - ceramic composite material that can conduct heat and more effectively cool advanced electronic devices. "Heat management is a huge challenge for devices such as power electronics and radar antennas," said Professor Randall Erb, head of Northeastern University's Directed Assembly of Particles and Suspensions (DAPS) Laboratory and lead researcher on the project. "When electronic devices overheat, you either have to slow them down or shut them off. That might be okay for a phone, but not for critical systems like radar." In collaboration with the U.S. Army Research Laboratory, researchers at Northeastern University have developed a material that combines ceramics, polymers, and additives to form a 3D - printable plastic composite. It has a unique nanoscale ordered internal structure that allows heat to pass through easily. Renault Appoints Interim CEO and Lowers 2025 Profit Forecast Following the unexpected departure of the former Chief Executive Officer (CEO) of French automaker Renault, the company has lowered its 2025 profit forecast and appointed its current Chief Financial Officer, Duncan Minto, as interim CEO. Duncan Minto will replace Luca de Meo, who is set to become CEO of Kering. On July 15, Renault stated that it is actively searching for a long - term CEO. According to people familiar with the matter, potential candidates include Denis Le Vot, head of the Dacia brand; Francois Provost, Renault's purchasing director; and former Stellantis executive Maxime Picat.   Overseas Macro Market Information:   【U.S. Treasury Secretary Explains Export of H20 Chips to China: China Has Developed Chips with Equivalent Performance, So We Can Sell Them】 According to Reference News, on July 15 local time, U.S. Treasury Secretary Bessent said in an interview with Bloomberg Television when talking about Nvidia's approval to export H20 chips that China has developed chips with performance equivalent to H20 chips, so there is no problem with Nvidia selling H20 chips. 【U.S. Proposes South Korea to Refer to Japan's Example: Establish a Sovereign Fund to Lend to South Korean Enterprises for U.S. Factory Construction】 According to South Korea's Chosun Ilbo, South Korean government officials familiar with relevant trade negotiations revealed that the U.S. has asked South Korea to take the lead in setting up a multi - billion - dollar investment fund aimed at boosting U.S. manufacturing. The fund, tentatively named the "Manufacturing Cooperation Promotion Fund", will provide financing support for South Korean enterprises to build factories, expand plants, or invest in local partners in the U.S. This request, confirmed on July 15, marks a significant shift from the U.S.'s previous focus on easing trade barriers in the agricultural and digital data sectors. 【AMD Announces Resumption of AI Chip Exports to China】 According to Singapore's Lianhe Zaobao website on July 16, U.S. chip company Advanced Micro Devices (AMD) said that it plans to resume exports of its MI308 chips to China after the U.S. announced it would approve the sales. Previously, the U.S. made a similar decision regarding a Nvidia chip. 【Trump Says Pharmaceutical Tariffs May Be Introduced Before August 1, Downplaying the Possibility of Reaching More Trade Agreements】 U.S. President Donald Trump said he could impose tariffs on pharmaceuticals as early as the end of this month and may soon impose tariffs on semiconductors, suggesting that these import taxes could be implemented along with the broad "reciprocal" tariffs set to take effect on August 1.   Price information:   【RMB/USD Central Parity Rate】 The RMB/USD central parity rate was reported at 7.1526, down 28 pips; the central parity rate of the previous trading day was 7.1498, the official closing price of the previous trading day was 7.1734, and the night session closing price of the previous day was 7.1810. 【Upstream Raw Material USD Market Prices】 Ethylene Asia: CFR Northeast Asia at 820 USD/ton; CFR Southeast Asia at 830 USD/ton. Propylene Northeast Asia: FOB South Korea average at 740 USD/ton; CFR China average at 775 USD/ton. North Asia frozen cargo CIF price: Propane at 521 - 523 USD/ton; Butane at 491 - 493 USD/ton. South China frozen cargo CIF price for early August: Propane at 558 - 568 USD/ton; Butane at 529 - 537 USD/ton. Taiwan region frozen cargo CIF price: Propane at 536 - 538 USD/ton; Butane at 491 - 493 USD/ton. 【LLDPE USD Market Prices】 Film: 875 - 910 USD/ton (CFR Huangpu); Injection Molding: 950 USD/ton (CFR Dongguan). 【HDPE USD Market Prices】 Film: 920 USD/ton (CFR Huangpu); Blow Molding: 855 - 860 USD/ton (CFR Huangpu). 【LDPE USD Market Prices】 Film: 1070 - 1110 USD/ton (CFR Huangpu); Coating: 1350 USD/ton (CFR Huangpu). 【PP USD Market Prices】 Homopolymer: 935 - 965 USD/ton (CFR Huangpu); Copolymer: 965 - 995 USD/ton (CFR Huangpu); Film Grade: 1000 USD/ton (CFR Huangpu); Transparent Grade: 1085 USD/ton (CFR Huangpu); Pipe Grade: 1160 USD/ton (CFR Shanghai).

【International News Guide】    Raw Materials -Qore starts up $300M bio-based BDO plant Automotive - European Electric Vehicles: Caught in a Dilemma Medical -Ampacet ProVital+ Gamma-Protect preserves polypropylene-based medical plastics in sterilisation Packaging - Japan Officially Approves FDCA for Food Contact Materials Macro - EU Threatens: If No Deal, Ready to Impose Retaliatory Tariffs on €72 Billion of U.S. Goods Price - USD/CNY Central Parity at 7.1498, Down 7 Pips   International News Details   1. World's First! INEOS Launches Another 100% Bio-based MaterialINEOS Styrolution, a leading global manufacturer of styrenic products, recently announced the successful commercial application of its 100% bio-based polystyrene Styrolution PS 158K BC100. Since early 2025, through cooperation with well-known retail chains, food trays made from this bio-based material have officially entered the Japanese market. Styrolution PS 158K BC100 is made from 100% bio-based raw materials using ISCC-certified mass balance methodology. Compared with traditional fossil-based polystyrene, it can achieve a carbon emission reduction of up to 172%. The material fully complies with global food contact standards, including Japan's Food Sanitation Act, and has obtained Grade A certification from the Japan Chemicals Inspection and Testing Institute (JCII), ensuring strict food safety. In addition, it features excellent heat resistance and transparency, safeguarding food packaging quality while enhancing visual appeal. 2. European Electric Vehicles: Caught in a Dilemma The European Federation for Transport and Environment (T & E) recently released a research report entitled European Cars at a Crossroads, pointing out that European automobiles are at a critical juncture where the advancement or delay of the "combustion engine ban" proposal will lead to completely different impacts and trends for the entire industry. On one hand, European electric vehicles have obviously seen a chain reaction of declining sales. According to data from the European Automobile Manufacturers' Association (ACEA), EU electric vehicle sales fell by 5.9% in 2024, and this year they also face the threat of tariff hikes by the Trump administration. The long-term sluggish sales of pure electric vehicles have cast a shadow over the plan to "stop selling fuel-powered vehicles in the 27 EU countries by 2035".   On the other hand, if no remedial measures are taken and the EU abandons the goal of banning the sale of fuel-powered vehicles in the EU by 2035, the entire European automotive industry may lose 1 million jobs, most of the efforts for "zero emissions" will be wasted, and investment losses in new energy sectors such as batteries will reach two-thirds. 3. Ampacet ProVital+ Gamma-Protect preserves polypropylene-based medical plastics in sterilisation Ampacet, a global masterbatch leader,  has introduced ProVital+ Gamma-Protect, a medical-grade additive designed to preserve mechanical and optical properties of polypropylene-based medical and pharmaceutical articles during gamma and e-beam sterilisation processes. 4. Japan Officially Approves FDCA for Food Contact Materials Recently, Japan officially implemented the "Positive List" system for synthetic resins used in food contact, which explicitly lists FDCA (2,5-Furandicarboxylic Acid) as an approved monomer. This transformative policy marks the legalization of PEF (Polyethylene Furanoate) — a plant-based plastic based on FDCA — in Japan's food contact field, taking a key step in promoting the expansion of global sustainable packaging materials in the Asian market. 5. EU Threatens: If No Deal, Ready to Impose Retaliatory Tariffs on €72 Billion of U.S. Goods After U.S. President Trump unexpectedly threatened to impose 30% tariffs on the EU, the EU threatened on Monday to impose additional retaliatory tariffs on tens of billions of dollars of U.S. goods. According to Xinhua News Agency, European Commission Vice-President for Trade and Economic Security Valdis Dombrovskis stated on the 14th that if U.S.-EU trade negotiations fail, the EU is ready to impose additional retaliatory tariffs on U.S. imports worth €72 billion (approximately $84 billion). 6. Trelleborg expands manufacturing facility in Malta supporting biopharma and semiconductor applications Trelleborg  Group AB (Trelleborg, Sweden) has inaugurated its cutting-edge facility expansion in Malta. The major investment in cleanrooms & equipment represents a significant milestone in supporting the fast-evolving life sciences and semiconductor manufacturing industries. 7. W.R. Grace and local community continue fight over plastic recycling facility After a two-year-long fight between the Howard County-based chemical company, W.R. Grace, and Howard County community members, Grace was approved to begin building its plastic recycling pilot project in Columbia, Maryland. Their permit was awarded by the Maryland Department of the Environment (MDE) on June 20.  8. Qore starts up $300M bio-based BDO plant Bio-based 1,4-butanediol (BDO) manufacturer Qore (Eddyville, Iowa) announced July 11 that it has commenced production at its first large-scale production plant. The $300 million Eddyville plant has the capacity to produce 66,000 metric tons of BDO annually from locally grown dent corn.   Overseas Macro Updates： Jensen Huang: Will Start Selling H20 Chips in Chinese Market Jensen Huang, founder and CEO of U.S. company NVIDIA, announced two important developments in an interview today: the U.S. has approved the sale of H20 chips to China; NVIDIA will launch RTXpro GPU. India Initiates Anti-Dumping Investigation into LLDPE from Six Countries Including Kuwait On June 30, 2025, India's Ministry of Commerce and Industry issued a notice stating that in response to an application submitted by the Chemicals and Petrochemicals Association of India, it will initiate an anti-dumping investigation into Linear Low-Density Polyethylene (LLDPE) originating from or imported from Kuwait, Malaysia, Oman, Qatar, Saudi Arabia and the UAE. The Indian customs codes for the 涉案 products are 39011010 and 39014010. India Initiates Anti-Dumping Investigation into Indonesian Multi-layer Paperboard According to China Trade Remedy Information Network, on June 30, 2025, India's Ministry of Commerce and Industry issued a notice stating that in response to an application submitted by The Indian Paper Manufacturer Association, it will initiate an anti-dumping investigation into Virgin Multi-layer Paperboard originating from or imported from Indonesia. Vietnam Launches Anti-Dumping Sunset Review Investigation into Malaysian H-beam Steel Products On July 8, 2025, Vietnam's Ministry of Industry and Trade issued Notice No. 1978/QD-BCT, launching the first anti-dumping sunset review investigation into H-beam steel products (Vietnamese: sản phẩm thép hình chữ H) originating from Malaysia. Russian Media: EU Reportedly "Has Begun Informal Discussions on the 19th Round of Sanctions Against Russia" Russia's TASS news agency quoted Izvestia on the 15th that Thomas Zdechovsky, a Member of the European Parliament from the Czech Republic, revealed that the EU has begun informal discussions on the 19th round of sanctions against Russia. Zdechovsky said, "Discussions on the 19th round of sanctions (against Russia) are already underway, although they are still in the initial and informal stage. The main problem is sanction fatigue — not at the political level, but at the technical level. After 18 rounds of sanctions, most obvious targets have been subject to restrictions. Now the focus is on tightening control measures, expanding the scope of secondary restrictions, and clarifying import and export control regulations". EU: U.S.-EU Positions "Have a Large Gap" in Some Areas; 30% Tariffs Confuse U.S. Negotiators EU Trade Commissioner Valdis Dombrovskis stated that although the two sides are quite close on the principle text, there are still huge differences in some key areas; if tariffs reach 30% or higher, it will make transatlantic trade "almost impossible" as before.   Price Information：   USD/CNY Central Parity   7.1498, down 7 pips; previous trading day’s central parity 7.1491, previous trading day’s official closing price 7.1693, overnight closing price 7.1723. Upstream Raw Materials USD Market Prices Ethylene Asia: CFR Northeast Asia $820/tonne; CFR Southeast Asia $830/tonne. Propylene Northeast Asia: FOB Korea average price $740/tonne; CFR China average price $775/tonne. North Asia frozen cargo CIF price: propane $536-538/tonne; butane $506-508/tonne. South China frozen cargo for first half of August CIF price: propane $566-576/tonne; butane $537-545/tonne. Taiwan region frozen cargo CIF price: propane $536-538/tonne; butane $506-508/tonne. LLDPE USD Market Prices Film: $875-910/tonne (CFR Huangpu); Injection molding: $950/tonne (CFR Dongguan). HDPE USD Market Prices Film: $920/tonne (CFR Huangpu); Hollow: $855-860/tonne (CFR Huangpu). LDPE USD Market Prices Film: $1,070-1,110/tonne (CFR Huangpu); Coating: $1,350/tonne (CFR Huangpu). PP USD Market Prices Homopolymer: $935-965/tonne (CFR Huangpu); Copolymer: $965-995/tonne (CFR Huangpu); Film material: $1,000/tonne (CFR Huangpu); Transparent: $1,085/tonne (CFR Huangpu); Pipe material: $1,160/tonne (CFR Shanghai).

News Highlights: Raw Material News - Dow Shuts Down Three Major Chemical Plants in Europe Automotive News - Hyosung Advanced Materials Launches Restructuring of North American Airbag Business Packaging News - Bookoff Plans to Step Up Recycling of Unsold CDs and DVDs Electronic News - Fully Blocked by Canadian Government! Hikvision: Has Filed a Lawsuit Other News - Chinese Companies Install the World's Largest Diameter Flexible Pipeline in Saudi Arabia Macro News - US Media: US Treasury Secretary Says Talks with China Planned in Coming Weeks to Promote Consultations on Sino-US Trade and Other Issues Price Information - Ethylene Asia: CFR Northeast Asia 820 USD/ton, Down 30 USD/ton The following is the details of international news: 1.Dow to Shut Down Three Major Chemical Plants in Europe On July 7, Dow announced that its board of directors has approved the closure of three European upstream assets to address structural challenges in the region and optimize profitability. The assets to be closed include: Packaging and Specialty Plastics: Ethylene cracker in Böhlen, Germany, scheduled to close in Q4 2025; Industrial Intermediates & Infrastructure: Chlor-Alkali and Vinyl (CAV) assets in Schkopau, Germany, scheduled to close in Q4 2025; Performance Materials & Coatings: Basic siloxane plant in Barry, UK, scheduled to close in mid-2026. It is understood that the shutdown will affect approximately 800 Dow positions, part of the company's $1 billion cost-saving initiative announced in January, which includes cutting about 1,500 global positions. 2. PureCycle partners with Emerald Carpets to close the loop in carpet production PureCycle Technologies, Inc., a U.S.based company revolutionizing plastic recycling, announced a partnership with Emerald Carpets. This collaboration aims to transform the trade show carpet industry by creating closed-loop circularity in carpet production.The partnership includes PureCycle recycling used trade show carpets from Emerald Carpets, designed to transform the material into purified fiber-grade recycled polypropylene (rPP) pellets. Successful recycling of the materials would allow Emerald Carpets to then manufacture new carpets out of the rPP, creating a sustainable carpet-to-carpet solution. This should allow Emerald Carpets to meet California’s carpet-to-carpet (closed loop) recycled content requirements that go into effect in 2028. 3. India Initiates Anti-Dumping Investigation on Polyethylene from Six Countries Recently, India's Directorate General of Trade Remedies (DGTR) issued an official announcement stating that, in response to a complaint from the Indian Chemicals and Petrochemicals Association, it has decided to launch an anti-dumping investigation into polyethylene imports from Kuwait, Malaysia, Oman, Qatar, Saudi Arabia, and the United Arab Emirates. 4. Borealis wins patent dispute against Mitsui Chemicals The European Patent Office (EPO) has ruled in favour of Borealis in a dispute with Japan-based Mitsui Chemicals.The ruling allows Borealis to continue manufacturing its polyolefin elastomer (POE) film for solar cells. The material is used as an encapsulant to protect solar cells from environmental damage and improve their long-term performance. It acts as a sealant and adhesive, holding the solar cell layers together while also providing crucial protection against moisture, temperature fluctuations, and UV radiation. 5. Hyosung Advanced Materials Launches Restructuring of North American Airbag Business Hyosung Advanced Materials is restructuring its US airbag subsidiary, GST Automotive Safety Components International (GST), aiming to expand the production and sales of airbag cushions and fabrics in North America.As part of this restructuring, GST will acquire "all assets, contracts, rights, employees, and related liabilities" involved in the production and sales of airbag cushions and fabrics from HS Hyosung USA Holdings, Inc. The South Korean supplier stated on July 4th, 2025, that this move will integrate its airbag business in the United States and enhance corporate value by consolidating the business into a single entity. After the restructuring, the GST business unit and GST Mexico shares held by HS Hyosung USA Holdings, Inc. will be merged into GST Global GmbH. 6. Hugo Boss Collaborates with Zellerfeld to Launch a Fully 3D-Printed Loafer German fashion brand Hugo Boss recently launched a fully 3D-printed loafer. This loafer, created in collaboration with footwear 3D printing factory Zellerfeld, brings a new silhouette design to the diversified footwear market - it not only inherits the classic loafer style but also incorporates a sleek, tech-inspired structure.The 3D-printed loafer made its debut at the NAMESAKE collection fashion show during Paris Fashion Week. Its unique design includes an integrated structure and is made from a single recyclable material. The shoe body uses zellerFOAM flexible material based on thermoplastic polyurethane (TPU), whose physical properties can be precisely adjusted through design. 7.RecyClass publishes Recyclability Evaluation Protocols for automotive and E&E sector The first set of RecyClass Recyclability Evaluation Protocols for Automotive and Electrical & Electronic Equipment (EEE) has been published following intense collaboration with the plastic value chain. Grounded in the European state-of-the-art recycling infrastructure, the protocols focus on polymers that are commonly recovered and recycled in these industries. These include polypropylene (PP), mineral-filled polypropylene (PP-MF), acrylonitrile butadiene styrene (ABS), polystyrene (PS), polyethylene (PE) and polycarbonate-acrylonitrile butadiene styrene blend (PC-ABS). 8. Chinese Enterprise Installs World's Largest Diameter Flexible Pipeline in Saudi Arabia Recently, the Saudi Jizan Industrial City seawater cooling project, undertaken by China Harbour Engineering Co., Ltd. and constructed by CCCC Fourth Harbor Engineering Co., Ltd., completed the shipment and installation of 3.5-meter diameter high-density polyethylene (HDPE) pipelines in unprotected sea areas, marking the successful installation of the world's largest diameter flexible pipeline. 9. Bookoff plans to step up recycling of unsold CDs and DVDs Secondhand goods retailer Bookoff Group Holdings will step up its efforts to recycle CDs and DVDs into daily items.Bookoff annually disposes of 1,700 tons of unsold discs and cases from some 800 outlets across the country. 10.  Fully Blocked by Canadian Government! Hikvision: Has Filed a Lawsuit In response to the Canadian government's shutdown of Hikvision's operations in Canada, Huang Fanghong, Chief Compliance Officer of Hikvision, stated on social media on the morning of July 8th that the company had formally filed a lawsuit with the Federal Court of Canada on July 7th (Eastern Time in Canada), requesting the initiation of judicial review procedures, and had applied to the Federal Court of Canada for an interim injunction to suspend the shutdown order. Currently, Hikvision Canada has resumed normal operations. Overseas macro market information: 【Morgan Stanley: Trump's Tariff Letters May Mean Tactical Escalation of Trade Negotiations】 Economists at Morgan Stanley said that US trade negotiations are moving towards a tactical escalation. The bank's report stated that if the latest tariffs proposed by the Trump administration in letters to trading partners take effect, Asia's weighted average tariff will rise to 27%. However, Trump has stated that the US is about to reach an agreement with India. Morgan Stanley said this indicates that most major Asian economies will be able to reach agreements before the August 1 deadline. But Japan and South Korea may not be able to resolve key issues through negotiations. Morgan Stanley said these issues include Japan's automobile tariffs and agricultural product issues, as well as South Korea's automobile and steel tariff reduction issues. 【Japanese Prime Minister Calls Trump's Tariff Letter Regrettable】 In response to the tariff-related letters sent by US President Trump to Japan and other parties, Japanese Prime Minister Shigeru Ishiba said today that the information released by the US is regrettable. Shigeru Ishiba stated that he will continue to negotiate with the US on tariffs. 【US Media: US Treasury Secretary Says Talks with China Planned in Coming Weeks to Promote Consultations on Sino-US Trade and Other Issues】 According to Bloomberg, US Treasury Secretary Janet Yellen said on July 7th local time that she expects to meet with Chinese officials in the coming weeks to promote consultations between China and the US on trade and other issues. "I will meet with my Chinese counterpart sometime in the next few weeks," Yellen said in an interview with CNBC. "We had good talks in Geneva and London before, and both sides maintained a highly respectful attitude." "If China is willing, China and the US can cooperate in more fields," Yellen said, adding that the two sides will discuss expanding the scope of cooperation from trade to other fields. 【RBA Unexpectedly Keeps Key Interest Rate Unchanged, AUD Rises】 The Reserve Bank of Australia kept its key interest rate unchanged at 3.85%. Only 5 out of 32 economists predicted this decision, and traders were also caught off guard. The RBA has cut interest rates twice during this easing cycle. Given the tight labor market and weak productivity growth, economists had previously debated the extent to which the central bank might cut interest rates further. After the interest rate announcement, the Australian dollar rose, and the policy-sensitive Australian 3-year government bond yield rose 5 basis points to 3.42%. Money markets had bet that the cash rate would fall below 3% by February 2026. Economists had expected two more rate cuts this year, with the cash rate falling to 3.35%, followed by a pause. 【Thai Acting Prime Minister: US Tariff Policy Announced on 7th Contradicts Previous Negotiations】 Thai Acting Prime Minister Prayut Chan-o-cha said on the 8th that the US tariff policy announced on the 7th contradicts the content of previous negotiations between the two sides, and he said he will further discuss with relevant Thai parties and prepare for continued negotiations. On July 7th local time, US President Trump said that a 36% tariff will be imposed on imported products from Thailand starting from August 1st. 【Myanmar to Propose to US to Seek Reduction of Trade Tariffs】 Myanmar's Deputy Minister of Commerce Min Min said that the Myanmar military government will propose to the Trump administration to reduce the US tariff on Myanmar goods by 40%. Min Min said on Tuesday that Myanmar's Ministry of Commerce, Ministry of Finance, and Ministry of Investment are coordinating with the Myanmar Embassy to formulate this proposal, but did not provide details. Min Min said that the Myanmar authorities had previously sent a negotiation letter to the US Department of the Treasury during the 90-day tariff suspension period. 【Argentina Makes Negative Final Ruling in Anti-Dumping Sunset Review on Chinese-Related Household Aluminum Radiators】 According to China Trade Remedy Information Network, on July 7th, the Ministry of Economy of Argentina issued Announcement No. 935 of 2025, making a negative final ruling in the anti-dumping sunset review on aluminum radiators originating from China and Italy, deciding to terminate the anti-dumping measures on the products; at the same time, it terminated the anti-circumvention investigation on Chinese  products and will not impose anti-dumping duties. Price Information: 【RMB/USD Central Parity Rate】 The central parity rate of RMB against the US dollar was reported at 7.1534, down 28 points; the central parity rate of the previous trading day was 7.1506, the official closing price of the previous trading day was 7.1747, and the night session closing price of the previous day was 7.1750. 【Raw Material USD Market Price】 Ethylene Asia: CFR Northeast Asia 820 USD/ton, down 30 USD/ton; CFR Southeast Asia 830 USD/ton, down 30 USD/ton. Propylene Northeast Asia: FOB South Korea average price 745 USD/ton, down 5 USD/ton; CFR China average price 795 USD/ton, down 10 USD/ton. Northeast Asia frozen cargo CIF price: propane 528-530 USD/ton; butane 503-505 USD/ton. South China frozen cargo CIF price for early August: propane 557-567 USD/ton; butane 522-532 USD/ton. Taiwan region frozen cargo CIF price: propane 528-530 USD/ton; butane 503-505 USD/ton. 【LLDPE USD Market Price】 Film: 875-920 USD/ton (CFR Huangpu), down 10 USD/ton; Injection molding: 940 USD/ton (CFR Dongguan); 【HDPE USD Market Price】 Film: 910-930 USD/ton (CFR Huangpu); Blow molding: 860-870 USD/ton (CFR Huangpu); 【LDPE USD Market Price】 Film: 1080-1090 USD/ton (CFR Huangpu); Coating: 1350 USD/ton (CFR Huangpu); 【PP USD Market Price】 Homopolymer: 935-980 USD/ton (CFR Huangpu); Copolymer: 965-995 USD/ton (CFR Huangpu); Film grade: 1000 USD/ton (CFR Huangpu); Transparent grade: 1085 USD/ton (CFR Huangpu); Pipe grade: 1160 USD/ton (CFR Shanghai).

International News Digest: Raw Material News - Ecobat Completes Sale of Italian Business to Haiki Dallas Recycling News - Plastics Recycling Facility Launched in Cornwall to Process Microfibres from Laundry Toy News - New Company Structure Sparks Rumors of Sale at One of Germany's Largest Toy Manufacturers Macro News - U.S. Government Sends Letter to American Companies, Clearing the Way for Resuming Ethane Exports to China Price Information - RMB Central Parity Rate Against USD Reported at 7.1523, up 23 Points   The following is the detail of international news: 1、Ecobat Completes Sale of Italian Business to Haiki Dallas Ecobat, a global leader in battery recycling, today announced the successful completion of the sale of its battery and polypropylene recycling business in Italy to Haiki + S.p.A.  The transaction includes Ecobat’s facilities in Marcianise, Paderno Dugnano, and Bologna, and marks Ecobat’s exit from the Italian market. 2、Black Swan Graphene to Partner with METCO for Graphene-Enhanced Masterbatches Black Swan Graphene announces that it has entered into a non-exclusive distribution and sales agreement with METCO Resources, an Indian supplier of specialty materials and polymers, to supply Black Swan’s graphene-enhanced masterbatches for a wide range of polymer applications 3、Covestro Strengthens Cast Polyurethane Elastomers Business Presence in Taiwan Covestro strengthens cast polyurethane elastomers business presence in TaiwanCovestro has announced to strengthen its Cast Polyurethane (CPU) elastomers business network in Taiwan. This targets demands in automated equipment, smart logistics, offshore wind power, waterproofing for construction and infrastructure, and pulp & paper industries. This strategic deployment deepens local service and sales support for innovative material systems and edge cutting casting machines, embodying the group's customer-centric philosophy. 4、Industry Collaboration Aims to Streamline Certification for rPET / EPBP Liaises with European Committee for Standardisation A joint industry initiative has seen the publication of a guidance on certification schemes to support waste management operators and sorters in complying with EU Regulation 2022/1616.The regulation mandates third-party certification of quality assurance systems for food-contact recycled plastics. The guidance provides a detailed interpretation of the legal framework and is intended as a practical tool for both EU and non-EU operators, as the latter must meet equivalent requirements.   5、Plastics Recycling Facility Launched in Cornwall to Process Microfibres from Laundry A “WORLD-FIRST” recycling centre has been launched in Cornwall, UK which will recycle plastics extracted from up to 86 t/y of microfibres captured in washing machines. 6、New Corporate Structure, Germany's Largest Toy Manufacturer Triggers Sale Rumors Once all the rage, almost occupying every child's roomPlaymobil toys no longer enjoy the same market glory as they once did. The Geobra Brandstätter Group, based in Zirndorf, Germany, recorded a significant loss of 120 million euros in the 2023/24 fiscal year, marking the group's most severe crisis in years. To reverse the downturn, the group recently announced plans for structural reorganization while firmly denying rumors about selling off parts of its business. According to the information disclosed by the group,The Playmobil theme park, logistics department, and its flowerpot brand Lechuza will be divided into separate subsidiaries. The group stated that this adjustment aims to improve organizational efficiency, grant each department greater autonomy and responsibility, thereby enhancing overall competitiveness.   The following is overseas macro market information: 【Siemens says U.S. has lifted export restrictions on chip design software to China】 It was learned on July 2 local time that Germany's Siemens AG received notification from the U.S. government that the U.S. has lifted export restrictions on chip design software to China. According to the company's statement, the German supplier has restored Chinese customers' full access to its software and technology. Synopsys said the U.S. has revoked export restrictions targeting China. Several Chinese semiconductor companies also confirmed receiving relevant notices from overseas EDA enterprises. 【Reuters: U.S. government sends letter to American companies, revoking a restrictive licensing requirement to clear the way for resuming ethane exports to China】 According to Reuters, the U.S. government sent letters to two major American ethane producers and exporters, Enterprise Products Partners and Energy Transfer, on Wednesday (July 2) local time, revoking a restrictive licensing requirement imposed a few weeks ago, clearing the way for resuming ethane exports to China. The report noted that this is a sign of the ongoing trade war truce between the U.S. and China. It also stated that after the restrictions were lifted, eight ships have sailed to China. 【Ecuador suspends operation of two oil pipelines due to heavy rains】 Ecuador's state-owned oil company announced on July 2 local time that heavy rains have caused increased water flow in the Loco River in El Chaco, Napo Province. To protect infrastructure and the environment, the operation of two oil pipelines in Ecuador's pipeline system has been suspended as a precaution. The announcement said professional technicians are urgently building a bypass pipeline to ensure the safe transportation of crude oil, with the project expected to be completed in about three days.   Price information: 【RMB central parity rate against USD】   The central parity rate of RMB against USD was reported at 7.1523, up 23 points; the previous trading day's central parity rate was 7.1546, the previous trading day's official closing price was 7.1670, and the previous night's closing price was 7.1622.   【Raw material USD market prices】 Ethylene Asia: CFR Northeast Asia 850 USD/ton; CFR Southeast Asia 860 USD/ton. Propylene Northeast Asia: FOB Korea average 745 USD/ton; CFR China average 795 USD/ton. Northeast Asia frozen cargo CIF: Propane 523-525 USD/ton; Butane 495-497 USD/ton. South China frozen cargo CIF for early August: Propane 563-573 USD/ton; Butane 528-538 USD/ton. Taiwan region frozen cargo CIF: Propane 523-525 USD/ton; Butane 495-497 USD/ton. 【LLDPE USD market prices】 Film: 875-930 USD/ton (CFR Huangpu); Injection molding: 940 USD/ton (CFR Dongguan). 【HDPE USD market prices】 Film: 910-930 USD/ton (CFR Huangpu); Blow molding: 860-870 USD/ton (CFR Huangpu). 【LDPE USD market prices】 Film: 1080-1090 USD/ton (CFR Huangpu); Coating: 1350 USD/ton (CFR Huangpu). 【PP USD market prices】 Homopolymer: 935-980 USD/ton (CFR Huangpu); Copolymer: 965-995 USD/ton (CFR Huangpu); Film grade: 1000 USD/ton (CFR Huangpu); Transparent grade: 1085 USD/ton (CFR Huangpu); Pipe grade: 1160 USD/ton (CFR Shanghai).  

International News Guide: Raw Materials - Malaysia Announces Tighter Plastic Waste Import Rules, Effective July 1 Automotive - EU End-of-Life Vehicle Regulations Loom, But Implementation Hurdles Persist Packaging - Bioplastics Break Performance Bottleneck: AIMPLAS-Lead Project Reshapes Sustainable Packaging Electronics - Samsung Reports 31% Recycled Plastic Content in Galaxy Devices Macro - Canada Cancels Digital Services Tax to Advance US Trade Talks Price - Ethylene Asia: CFR NE Asia $850/ton; CFR SE Asia $860/ton The following are details of international news:   1.Italy fines bioplastics maker Novamont for abusing dominant The Autorità Garante della Concorrenza e del Mercato (Italian Competition Authority, AGCM) has imposed a €30.4 million fine on bioplastics manufacturer Novamont S.p.A for abuse of its dominant market position. Specifically, the company “abused its dominant position in the national markets for raw materials used in the production of bags (lightweight and ultra-lightweight for fruit and vegetables) by engaging in exclusionary practices targeting competitors,” according to an AGCM press release. 2.Doubling down on double capacity: our second advanced recycling unit is up and running in Baytown ExxonMobil has commissioned a second advanced recycling unit in Baytown, We’ve expanded our Baytown operations with a second advanced recycling unit. Combined with our first unit, which has been  in operation since late 2022 , we have processed more than 100 million pounds of plastic as of May 2025. 3.Samsung Reports 31% Recycled Plastic Content in Galaxy DevicesSamsung’s 2025 sustainability report reveals that 31% of plastic components in Galaxy smartphones and other products launched in 2024 used recycled materials, a new high for the company. The report notes Samsung has expanded its e-waste recycling program to 80 countries and regions globally, up from 70 in 2023. 4.AkzoNobel Agrees to Sell Majority Stake in Indian Unit to JSW GroupAkzoNobel has signed an agreement to sell its stake in AkzoNobel India Limited (ANIL) to India’s JSW Group, based on an enterprise value of approximately €1.4 billion (22x EV/EBITDA), covering its liquid coatings business in India. AkzoNobel will retain full ownership of ANIL’s powder coatings business and international research center. The divestment is the first step in the company’s strategic portfolio review announced in October 2024 to focus capital and capabilities on leading positions in key global coatings markets. 5.EU Launches Anti-Dumping Investigation into Vietnamese PET PlasticThe European Commission has initiated an anti-dumping investigation into poly(ethylene terephthalate) (PET) plastic imports from Vietnam, following complaints from EU PET producers alleging dumping at below normal value, harming the EU industry. The investigation, launched on May 22, 2025, covers 2024 export data and targets PET plastic with a viscosity of 78 ml/g or higher (ISO 1628-5), under HS code 39076100. 6.Malaysia Announces Stricter Plastic Waste Import Rules, Effective July 1Malaysia will implement stricter plastic waste import regulations from July 1, banning all plastic waste imports to align with the Basel Convention and its 2019 Plastic Waste Amendment, including prohibiting trade of specific plastic waste among Convention parties. Currently, Malaysia receives far more plastic waste from wealthy developed nations than other non-OECD countries. 7.Bioplastics Break Performance Bottleneck: AIMPLAS-Lead BIOPROCESS Project Reshapes Sustainable Packaging Bioplastics are emerging as a more sustainable alternative to traditional fossil-based non-degradable plastics in packaging, but further research is needed to ensure biodegradable/compostable plastics meet shelf-life requirements. The AIMPLAS-led BIOPROCESS project aims to enhance the mechanical and barrier properties of bioplastics for high-performance flexible packaging films in food, cosmetics, personal care, detergents, and cleaning products. Partners include Potato Bioplastics (renewable resource bioplastics manufacturer) and Gaviplas (flexible film producer). 8.Kuraray Expands Production Again, Near-Monopolizing Market Kuraray has announced plans to expand production of optical polyvinyl alcohol (PVA) film "Poval" at its Saijo Plant in Ehime Prefecture, Japan, driven by demand for larger screen sizes. The new line, scheduled for December 2027, will produce wider optical PVA films compatible with 3-meter-wide polarizers, adding 38 million square meters annual capacity and boosting total capacity from 296 million to 334 million square meters. 9.EU End-of-Life Vehicle Regulations Loom, But Implementation Hurdles PersistIn Europe, end-of life vehicles (ELVs) are recycled at a high rate, with an average of 95% of materials being reused and recovered, and 85% being reused and recycled. However, some challenges remain such as the lack of circularity in design and production, the uptake of recycled materials in new vehicles or the low recycling rates for specific materials, such as plastics – with  80% of ELV plastics being currently incinerated or landfilled. This is a missed opportunity with enormous environmental and economic consequences. As the EU finalises the new the End-of Life Vehicles (ELV) Regulation, a crucial piece of legislation designed to reduce the environmental impact of vehicles across their entire lifecycle, there is a critical window to push for real change. 10.Enterprises Including VW, BMW, Mercedes, and Bosch Sign MoU to Co-Develop Automotive Software Platform Volkswagen Group, BMW Group, Mercedes-Benz, and 8 other automotive and tech companies have signed a memorandum of understanding (MoU) to co-develop and share advanced automotive software platforms, aiming to counter U.S. technological dominance and regain control of future vehicle digital architectures. Overseas macroeconomic market information: No Room for Compromise? Trump Says Unwilling to Lower Tariffs on Japanese Cars as Japanese Official Is "Standed Up" by U.S. Treasury Secretary U.S. President Trump said on June 29 he is not prepared to lower the 25% additional tariff on Japanese cars, the focal point of U.S.-Japan trade talks. Japanese Economic Revitalization Minister Akazawa Ryohei extended his U.S. visit but failed to meet Treasury Secretary Bessent during his 7th trip. Indonesia Relaxes Import Regulations for Commodities Indonesia has relaxed import rules for 10 commodities, planning further deregulation measures. Indonesian President Says Will Collaborate with Chinese Partners to Promote Power Battery Ecosystem Project Indonesian President Prabowo said on June 29 that the power battery ecosystem project, a $5.9 billion investment by state miner Antam, Indonesia Battery Corporation, and Ningbo Puqin Times, will make Indonesia the only Southeast Asian country with integrated upstream-to-downstream battery production, inviting Chinese partners to advance the strategic project. Canada Cancels Digital Services Tax to Advance U.S. Trade Talks Canadian Prime Minister Kearney and President Trump agreed to resume trade talks to reach an agreement by July 21, after Trump terminated talks over Canada’s digital tax.   Price information: 【USD/CNY Central Parity Rate】 The central parity rate of RMB against USD was set at 7.1586, up 41 pips. The previous trading day's central parity rate was 7.1627, official closing price was 7.1690, and overnight closing price was 7.1740. 【Raw Materials - USD Market Prices】 Ethylene (Asia): CFR Northeast Asia: $850/ton CFR Southeast Asia: $860/ton Propylene (Northeast Asia): FOB Korea average: $745/ton, down $5/ton CFR China average: $795/ton, down $5/ton North Asia LPG (CIF): Propane: $536.5-538.5/ton Butane: $506.5-508.5/ton South China LPG (August arrival, CIF): Propane: $566-576/ton Butane: $536-546/ton Taiwan LPG (CIF): Propane: $536.5-538.5/ton Butane: $506.5-508.5/ton 【LLDPE - USD Market Prices (CFR)】 Film grade: $880-930/ton (Huangpu) Injection grade: $940/ton (Dongguan) 【HDPE - USD Market Prices (CFR)】 Film grade: $910-930/ton (Huangpu) Hollow grade: $860-870/ton (Huangpu) 【LDPE - USD Market Prices (CFR)】 Film grade: $1,105-1,120/ton (Yantian) Coating grade: $1,350/ton (Huangpu) 【PP - USD Market Prices (CFR)】 Homopolymer: $935-980/ton (Huangpu, up $5/ton) Copolymer: $965-995/ton (Huangpu) Film stock: $1,000/ton (Huangpu) Transparent grade: $1,085/ton (Huangpu) Pipe grade: $1,160/ton (Shanghai)

News Digest: Raw Materials - PureCycle Technologies Secures $300M for Global Recycling Expansion Automotive - EU sets phased targets for recycled plastic in vehicles Packaging - Danone Canada invests $9M in PET yogurt cup production Electronics - Midea invests in four new projects in Brazil's Minas Gerais Medical - Sanner Begins Medical Injection Molding Operations in North Carolina Macro - US media: Iran may build nuke if key facilities attacked or supreme leader assassinated Price - Ethylene Asia: CFR NE Asia $830/ton, up $10   International News Details   1.Versalis plans industrial-scale chemical recycling in Italy after demo plant launchVersalis SpA, the chemicals business of Eni Spa, said it is in the design phase for a 40,000 metric tons per year plant planned to be built at Priolo, Italy, for the chemical recycling of mixed waste plastics. The company, which announced June 19 it had successfully completed initial production tests at a demonstration chemical recycling plant in Mantua, Italy, with a nameplate processing capacity of 6,000 metric tons per year of secondary raw materials, said it has already completed a feasibility study for the larger project.    2. PureCycle Technologies Secures $300M for Global Recycling ExpansionU.S.-based polyolefin chemical recycling company PureCycle Technologies Inc. has announced it has secured $300 million in funding. The funds will be used to support the company’s goal of recycling 500,000 tons of polypropylene (PP) plastic annually by 2030. The focus will be on building chemical recycling facilities in Augusta, Georgia (USA); Antwerp, Belgium; and Rayong, Thailand. 3. NOVA Chemicals Commissions Recycling Plant for PE Film in Indiana NOVA Chemicals Corp., based in Calgary, Alberta, Canada, has launched its first polyethylene (PE) film recycling facility, SYNDIGO1, in Connersville, Indiana. Spanning 450,000 square feet, this advanced facility is designed to recycle 145,000 bales of used plastic film annually, producing over 100 million pounds of SYNDIGO recycled PE (rLLDPE) suitable for both food and non-food packaging. Full operations are expected by early 2026. 4. Midea invests in four new projects in Brazil's Minas Gerais Midea announced 198 million reais ($39.6M) in investments across four projects in Minas Gerais, Brazil: a logistics center, Welling motor plant, Midea EPS plant, and new refrigerator factory, creating 830 jobs. Alert! India launches anti-dumping probe into Chinese TPU paint protection filmsIndia's Directorate General of Trade Remedies initiated an anti-dumping investigation into thermoplastic polyurethane (TPU)-based surface/paint protection films from China, covering HS codes 39095000, 39191000, etc. EU sets phased targets for recycled plastic in vehicles The EU Council finalized end-of-life vehicle (ELV) regulations, mandating recycled plastic content to increase from 15% (6 years after enactment) to 20% (8 years) and 25% (10 years), laying groundwork for recycled steel, aluminum, and critical materials targets. Sanner Begins Medical Injection Molding Operations in North Carolina Germany’s Sanner announced today that it has officially begun manufacturing operations in Greensboro, NC. The new 60,000-square-foot facility is dedicated to the production of critical injection-molded components for medical devices and pharmaceutical packaging, as well as desiccant-related products. US toy giants sue president at Supreme Court over tariff policyLearning Resources and hand2mind filed an emergency motion at the Supreme Court, challenging the constitutionality of former President Trump's tariff policies under the IEEPA, which they say have surged import costs for the toy industry. Danone Canada invests $9M in PET yogurt cup productionDanone Canada will invest $9 million at its Boucherville, Quebec plant to locally produce PET yogurt cups for its Oikos Greek-style high-protein yogurt brand. Overseas Macro Updates 【US media: Iran may pursue nukes if key sites attacked or leader killed】 The New York Times reported US intelligence assesses Iran could decide to build nuclear weapons if the US attacks its Fordo enrichment facility or Israel assassinates Supreme Leader Khamenei, though Iran has not yet made a final decision. 【Trump "delays two weeks" on Iran attack decision】The New York Post said Trump is cautious about bombing Iran, worrying about creating "another Libya" if the regime falls, hence delaying the decision by two weeks. 【South Korea imposes provisional anti-dumping duties on Chinese sodium dithionite】South Korea's Ministry of Economy and Finance will levy 15.15% on Yantai Jinhe Insurance Powder Factory and related firms, 33.97% on other Chinese producers, effective June 21 for four months. Price Information 【USD/CNY central parity】  7.1695, up 34 pips (prev: 7.1729; official close: 7.1882; overnight: 7.1870) 【raw materials (USD/ton)】 Ethylene Asia: CFR NE Asia 830 (up 10), CFR SE Asia 850 Propylene NE Asia: FOB Korea avg 715 (up 5), CFR China avg 760 North Asia LPG CIF: Propane 582-584, Butane 552-554 South China LPG July arrival: Propane 619-629, Butane 556-566 Taiwan LPG CIF: Propane 582-584, Butane 552-554 【LLDPE USD Market Prices】 Film: $915/ton (CFR Huangpu) Injection: $960/ton (CFR Dongguan) 【HDPE USD Market Prices】 Film: $900-915/ton (CFR Huangpu) Hollow: $865/ton (CFR Huangpu) 【LDPE USD Market Prices】 Film: $1,035/ton (CFR Xiamen) 【PP USD Market Prices】 Homopolymer: $890-975/ton (CFR Huangpu, up $5/ton) Copolymer: $965-990/ton (CFR Huangpu) Film stock: $1,025-1,090/ton (CFR Huangpu) Transparent: $1,100/ton (CFR Huangpu) Pipe: $1,160/ton (CFR Shanghai)  

International News Guide: Raw Materials News - OQ to showcase 17 new PP and PP grades at K 2025 Automotive News - HARMAN Launches New Display Featuring Samsung Neo QLED Technology Medical News - ThermoFab Rebrands to Better Reflect Breadth of Plastic Processing Services Packaging News - Industrial Packaging Manufacturer MAUSER Commissions IBC Recycling Plant at BASF Site in Spain Macro News - Israel Launches Airstrike on Iran's Capital; Iran's Supreme Leader Khamenei: Israel Will Face Severe Punishment Price Information - Ethylene Asia: CFR Northeast Asia $790/ton; CFR Southeast Asia $850/ton   Details of International News: 1.OQ to showcase 17 new PP and PP grades at K 2025 OQ, Oman’s global energy group, has introduced 17 new application-focused polymer grades over the past year. This reinforces its commitment to delivering transformative material solutions tailored to address global megatrends such as food preservation, water security, and energy saving. These grades will be showcased for the first time in Europe at K 2025, one of the leading plastics and rubber trade fairs in Düsseldorf. 2.HARMAN Launches New Display Featuring Samsung Neo QLED Technology Today, consumers expect vehicles to deliver premium visual experiences on par with high-end TVs and personal devices. However, the harsh requirements of automotive environments have made it difficult to achieve such display performance. According to foreign media, HARMAN, a leader in automotive technology and a subsidiary of Samsung Electronics Co., Ltd., has launched a new display product that brings true consumer-grade tech viewing experiences to vehicles. The display will be installed in the new Tata Harrier.ev model, marking the first in-vehicle integration of Samsung's proprietary Neo QLED technology, which has been exclusively licensed to HARMAN and optimized by HARMAN for automotive applications. 3.ThermoFab Rebrands to Better Reflect Breadth of Plastic Processing Services ThermoFab offers its customers in the medical device space and within other regulated industries far more than thermoforming services, and it has now rebranded to reflect that reality. It’s new name is Innova Engineered Plastics, explicitly calling out its “innovation, expanded capabilities, and focused vision as the full-service enclosure provider of choice for startups to Fortune 500 companies,” said Innova. 4.Industrial Packaging Manufacturer MAUSER Commissions IBC Recycling Plant at BASF Site in Spain Industrial packaging manufacturer commissions IBC recycling plant at BASF site in Spain Industrial packaging manufacturer Mauser Packaging Solutions has commissioned a new plant for processing intermediate bulk containers (IBCs) in Tarragona, Spain. Located on the premises of BASF (Ludwigshafen, Germany; www.basf.com), the facility reconditions used IBCs and extracts recyclates from containers that are no longer fit for reuse.  5.BASF Starts New World-Class Hexamethylenediamine Plant in France, Boosting Capacity to 260,000 Tons Recently, BASF announced that its new world-class HMD  plant in Charleroi, France, has been successfully started up. The plant, which began construction in 2022, is of great significance for the successful start-up, boosting BASF's annual HMD production capacity to 260,000 tons. 6.American Axle to Supply Core Components for Volkswagen Group's Scout American powertrain system supplier American Axle & Manufacturing Holdings Inc. announced that it has signed an important cooperation agreement with Scout Motors, a subsidiary of the Volkswagen Group, to supply front axle electric drive units and e-Beam rear axles for the upcoming new electric Traveler SUV and Terra pickup truck. Image source: American Axle It is reported that the two highly anticipated new Scout models will adopt a body-on-frame chassis architecture, standard with a pure electric powertrain system, and optional gasoline engines to enhance comprehensive range. Currently, Scout Motors has simultaneously opened the reservation channel for the two new Traveler and Terra models, and the first mass-produced models are expected to roll off the production line in 2027. 7. Borealis triples net income in 2024 Stefan Doboczky, Borealis CEO since July 2024, explains how the company's net income reached €566 million in 2024, with operating profit improved by €300 million 8. Farm plastic waste recycling options a 'leap forward for sustainability' Recycling agricultural bags could divert up to 45,000 tonnes of single-use soft plastics from landfill each year. Many farmers either burn or bury plastic to avoid significant landfill costs.   Overseas Macro Market Information: [Israel Launches Airstrike on Iran's Capital] Local time in the early morning of the 13th, the Israeli Air Force launched airstrikes on dozens of targets related to Iran's nuclear program and other military facilities within Iran, naming the operation "Strength of the Lion." [Iran's Supreme Leader Khamenei: Israel Will Face Severe Punishment] Local time on the 13th, Iran's Supreme Leader Ayatollah Ali Khamenei said that Israel would face severe punishment. Khamenei also confirmed the killing of several Iranian military commanders and nuclear scientists. [Japanese Trade Negotiator: Refuses to Reach Partial Agreement with the US] Japanese Trade Negotiator Akaike Ryohei said on Friday that Japan will insist on demanding a reassessment of US tariffs and will not accept a partial agreement. "Reaching a partial agreement is impossible. Our goal is to reach a comprehensive agreement that satisfies both Japan and the US," Akaike told reporters before departing for Washington. Akaike Ryohei is preparing for the sixth round of tariff negotiations with the US to conduct final negotiations before the meeting between Japanese Prime Minister Kishida Fumio and US President Trump on the sidelines of the G7 meeting in Canada. [US ITC Officially Launches 337 Investigation into Ink Cartridges and Components] On June 12, the US International Trade Commission (ITC) voted to launch a 337 investigation into certain ink cartridges and components I and II. A number of Chinese enterprises, including Dongguan Ocbestjet Digital Technology Co., Ltd. in Guangdong, China, are listed as defendants. The US International Trade Commission will determine the end date of the investigation within 45 days of filing. [Iran's Ministry of Energy: Hydropower Infrastructure and Oil Refining and Storage Facilities Undamaged] Local time on the 13th, Iran's Ministry of Energy and the National Iranian Oil Refining and Distribution Company said that Iran's hydropower infrastructure, oil refining facilities, and storage facilities had not been damaged. Hydropower services continued to operate normally, and the operation of oil facilities and fuel supply continued stably throughout the country without interruption.   Price Information: [RMB to USD Central Parity Rate] The central parity rate of RMB against the US dollar was reported at 7.1772, up 31 points; the previous trading day's central parity rate was 7.1803, the previous trading day's official closing price was 7.1824, and the overnight closing price was 7.1715. [Raw Material US Dollar Market Prices] Ethylene Asia: CFR Northeast Asia $790/ton; CFR Southeast Asia $850/ton. Propylene Northeast Asia: FOB Korea average $710/ton; CFR China average $750/ton. North Asia frozen cargo CIF price, propane $545-547/ton; butane $515-517/ton. South China frozen cargo July arrival CIF price, propane $591-601/ton; butane $531-541/ton. Taiwan region frozen cargo CIF price, propane $545-547/ton; butane $515-517/ton.   [LLDPE US Dollar Market Prices] Film: $895/ton (CFR Huangpu); Injection molding: $970/ton (CFR Dongguan);   [HDPE US Dollar Market Prices] Film: $900-920/ton (CFR Huangpu); Hollow: $865-870/ton (CFR Huangpu);   [LDPE US Dollar Market Prices] Film: $1,025-1,035/ton (CFR Huangpu);   [PP US Dollar Market Prices] Homopolymer: $885-935/ton (CFR Huangpu); Copolymer: $955-1,040/ton (CFR Huangpu); Film material: $1,025-1,090/ton (CFR Huangpu); Transparent: $1,085/ton (CFR Huangpu); Pipe material: $1,160/ton (CFR Shanghai).

Headline News: Raw Material News - Alpek to Shut Down PET Plant with Annual Capacity of 170K Tons Virgin & 35K Tons Recycled PET Auto News -Mercedes-Benz, BMW Scramble to Secure Rare Earth Supply Amid China's Export Restrictions​​   Packaging News -PepsiCo CSO's In-depth Analysis: Challenges and Opportunities Behind Revised Packaging Targets​​ Macro news - Mexico President Slams U.S. Steel/Aluminum Tariff Hikes as "Unfair and Baseless", Vows Countermeasures​ Price Information - Ethylene Asia: CFR Northeast Asia 780/ton;CFRSoutheastAsia850/ton   The following are the details of international news: 1. HanoiPlas 2025 showcases advanced plastics, rubber, recycling solutions HanoiPlas 2025, the 13th edition of the Hanoi International Plastics and Rubber Industry Exhibition, is taking place from June 4-7, attracting over 200 exhibitors from 11 countries and regions.Covering 9,000 square metres of exhibition space, HanoiPlas 2025 is showcasing a wide spectrum of the latest in machinery, advanced materials, sustainable recycling solutions, and more. The exhibition has gathered leading industry players who are unveiling their latest technologies and equipment, offering visitors insights into the future trends and innovations driving the plastics and rubber sectors. 2 EREMA Reports 13% Revenue Decline to €330 Million Amid Global Challenges​ Against a backdrop of global economic uncertainty, the plastics recycling industry faces multifaceted challenges. Nevertheless, Austria-based ​​EREMA Group​​ maintains its leadership position through profound technological expertise and continuous innovation. The company is intensifying efforts in key sectors like recycled PET, driving the industry toward high-quality and sustainable development. 3. Mercedes-Benz, BMW Scramble to Secure Rare Earth Supply Amid China's Export Restrictions​ U.S. and European automakers have expressed concern about China 's export controls on rare earth metals, saying the move could have a knock-on effect on global auto production, according to foreign media reports. Mercedes-Benz Group and BMW Group are in urgent consultation with suppliers to ensure a stable supply of parts containing rare earth materials. Among them, Mercedes-Benz is exploring the possibility of stockpiling specific parts. According to Ford Motor, due to the extension of China 's approval process for rare earth exports, the export time of some parts has increased, and the transportation cost has also increased. Ford Chief Financial Officer Sherry House pointed out at the UBS Automotive Conference held in New York, the United States on June 4 : ' This has put pressure on the highly organized system. She pointed out that export controls mean that automakers must look for alternative parts or new supply channels. Last month, Ford 's factory in Chicago had to shut down for a week due to a shortage of rare earths, and the factory mainly produces Explorer models. A spokesman for BMW Group said that although its car factory is currently operating normally, some supply chain networks have been affected by China 's rare earth metal export restrictions. However, the spokesman did not give further details. 4. Qosina Adds Sealed Air's PE-based Film to Bioprocessing Product Portfolio Supplier of single-use components for medical devices Qosina has entered into a strategic partnership with packaging specialist Sealed Air. As a result of this collaboration, Qosina has added  Nexcel Bio1250 , a robust, co-extruded bioprocessing bag film to its portfolio of bioprocessing products. 5 ALBIS establishes subsidiary in Tel Aviv, Israel ALBIS continues its international growth with the establishment of a subsidiary in Tel Aviv, Israel. This strategic move marks another step in its expansion beyond Europe and APAC. 6. South Korea 's Seho Tech launched a new generation of NeXgener polyurethane foaming agent South Korea 's Seho Tech recently launched NeXgener polyurethane, which is a new generation of polyurethane foam foaming agent that meets modern environmental protection standards and has no impact on performance, marking a change in the global insulation industry. NeXgener is a 100 % chemical-based foaming agent specially developed for polyurethane applications. It produces strong internal heat through cross-linking reaction, and can better control foam expansion by adjusting water content. Its high hydroxyl value ( OH-V ~ 400 ) allows the use of MDI to increase, thereby improving foam performance. 7. Alpek will shut down a plant with an annual output of 170,000 tons of PET and 35,000 tons of recycled PET Alpek, a petrochemical and polyester product giant, recently announced that it will stop operating its Fayetteville plant in North Carolina, the United States. The company has issued an official application for workers ' adjustment and retention notices, and the shutdown will affect the work of 90 employees. The plant is operated by Alpek Polyester USA and acquired by Alpek in 2021, with an annual capacity of 170,000 tons of PET resin and 35,000 tons of recycled PET flakes. 9. Kuraray shut down polyester resin and polyester filament production plant Kuraray Co., Ltd.announced recently that it decided to stop its manufacturing subsidiary Kuraray Saijo Co., Ltd. ( located in Xitiao City, Ehime County ; production of polyester resin and polyester filament. Kuraray said that in 1969, the company began to produce polyester resin for filaments, while manufacturing and selling polyester filaments CLAVELLA TM. In 1987, the company began manufacturing and selling polyester resin KURAPET TM for molded products. However, in recent years, due to market changes and equipment aging caused by maintenance and update costs rise, Kuraray polyester related business is facing difficulties. The company has been considering whether to continue to carry out the business ; however, it is concluded that it is difficult to ensure stable production and achieve sustainable profitability in the future.   Overseas macro market information: 【The United States has comprehensively restricted the entry of citizens from 12 countries. Trump : related to the Colorado attack】 The White House issued a notice on the 4th, announcing a comprehensive restriction on the entry of citizens from 12 countries such as Afghanistan, Myanmar, Iran, and Yemen into the United States, and partially restricting the entry of citizens from 7 countries such as Burundi. According to the AFP report, US President Donald Trump said on the same day that the relevant restrictions were related to attacks on pro-Israel groups in Colorado. 【 The auction results for Japan's 30-year government bonds have been released, with the bid-to-cover ratio hitting a new low since 2023.】 Japan auctioned 30-year government bonds, with a bid-to-cover ratio of 2.92, lower than the 12-month average level of 3.39, and it is the lowest bid-to-cover ratio since 2023. After the auction results were released, Japanese government bond futures saw a decline in gains, with the yield on 30-year bonds dropping by 6 basis points to 2.885%. 【The Iraqi Ministry of Oil stated that the reason for the reduction in oil exports is the forced production cut to comply with OPEC quotas.】  The Iraqi Ministry of Oil stated that the reason for the decrease in Iraq's oil exports is the inability to receive and export oil produced in the Kurdistan region, along with being forced to cut production to comply with OPEC quotas. 【Mexican President: The U.S. raising steel and aluminum tariffs is "unfair," and we will take countermeasures.】 Mexican President Claudia Sheinbaum said on the 4th that the United States' recent move to raise tariffs on imported steel and aluminum products is "unfair", "lacks legal basis", and is "unsustainable." The Mexican government will assess the situation and then formulate countermeasures to protect the development of its steel and aluminum industries.   Price information: 【USD/CNY central parity rate】 The central parity rate of the yuan against the US dollar was set at 7.1865, up by 21 basis points. The previous trading day's central parity rate was 7.1886, the official closing price was 7.1890, and the overnight closing price was 7.1760. 【Upstream raw material prices in US dollars】 Ethylene Asia: CFR Northeast Asia $780/ton; CFR Southeast Asia $850/ton. Acrylic Northeast Asia: FOB Korea average price is $745/ton; CFR China average price is $775/ton. The North Asian frozen cargo landed price: propane $544.5-$546.5 per ton; butane $511.5-$513.5 per ton. The CIF price for South China frozen goods in July is as follows: propane $607-617 per ton; butane $542-552 per ton. The CIF price of frozen goods in Taiwan area, propane 544.5-546.5 US dollars/ton; butane 511.5-513.5 US dollars/ton. 【LLDPE USD market price】 Film: $875/ton (CFR Huangpu); Injection molding: $970/ton (CFR Dongguan); 【HDPE USD market price】 Film: $900-$920 per ton (CFR Huangpu). Hollow: 865-870 USD/ton (CFR Huangpu); 【 LDPE USD market price】 Film: 1025-1035 USD/ton (CFR Huangpu); 【PP PP USD Market Price】 Homopolymer: 890-935 USD/ton (CFR Huangpu); Copolymer: 955-1060 USD/ton (CFR Huangpu); Material: $1025-1090/ton (CFR Huangpu); Transparent: $1,085/ton (CFR Huangpu); Pipe materials: 1,160 USD/ton (CFR Shanghai).

Global News Digest: Raw Material News- Europe's Largest! BASF Officially Commissions Black Mass Plant​ Auto News- Volkswagen Restructures German Operations: 20,000 Employees Agree to Early Departure Packaging News-Tech Revolutionizes Packaging: Starbucks Launches Compostable Cup Across Europe Electronic News- Smartphone Market Stagnates: Q1 2025 Growth at Just 0.2% Macro News- Mexico to Seek U.S. Exemption from Steel Tariff Hike Price Information-Ethylene Asia: CFR Northeast Asia780 / CFR Southeast Asia850 /   The following are details of international news:   1.Europe's Largest! BASF Officially Commissions Black Mass Plant​ June 3rd​​ – BASF announced the successful commencement of commercial operations at its Black Mass plant in Schwarzheide, Germany. This advanced facility represents a significant milestone for BASF's battery recycling business. It is one of Europe's largest commercial Black Mass plants, with an annual processing capacity of up to 15,000 metric tons of end-of-life lithium-ion batteries and production scrap. This capacity is equivalent to processing approximately 40,000 electric vehicle batteries per year. 2 Sika and Sulzer to establish plastics recycling JV for the construction sector Sika AG (Baar, Switzerland) and Sulzer Ltd. (Winterthur, Switzerland) have signed a memorandum of understanding to establish a joint venture (JV) to advance plastics recycling in the construction industry. The aim is to combine the strengths of both companies: Sika’s extensive expertise in polymer applications and high performance building materials and Sulzer’s leading process knowledge in chemical recycling. The joint venture, based in the Zurich area, will be founded as an independent company, with each partner holding a 50 percent stake. Operational activities will commence in the second half of 2025 with pilot projects in Germany, Austria and Switzerland. 3. Cadbury Launches Packaging with 80% Recycled Plastic​​Recently, Mondelēz International's iconic chocolate brand ​​Cadbury​​ has unveiled a major upgrade in the UK market: its ​​sharing-size chocolate bars​​ will now use new packaging containing ​​80% recycled plastic​​. This initiative not only demonstrates Cadbury’s firm commitment to sustainability but will also annually provide ​​over 300 million chocolate bars​​ with a "green coat."The shift is projected to ​​reduce virgin plastic usage by ~600 metric tons per year​​ — equivalent to the weight of ​​40 double-decker buses​​. This marks ​​the highest proportion of recycled plastic ever used in Cadbury's global packaging 4. Premix Group opens plastics manufacturing plant in North Carolina Premix Group, a global leader in electrically conductive plastics, announced the opening of its state-of-the art US manufacturing facility in Apple Creek, North Carolina. With a $79 Million investment from the Department of Defense (DoD) and Health and Human Services (HHS), this facility represents a major step in securing the domestic supply chain for critical diagnostics and other high-impact applications. 5. Brazilian Billionaire Moves: Battle for Control of Petrochemical Giant Braskem Intensifies Braskem, one of South America's largest petrochemical companies, is at the center of a potential power shift. According to Brazilian financial media, Braskem's major shareholder ​​Novonor​​ has confirmed receiving a ​​non-binding acquisition proposal​​ for the company's controlling stake. The offer comes from an investment fund managed by Brazilian billionaire ​​Nelson Tanure​​, known for high-profile acquisitions. If successful, this move could restructure ownership of one of the Americas' most prominent plastic producers. 6. Volkswagen Restructures German Operations: 20,000 Employees Agree to Early Departure On June 4, Bloomberg reported that ​​Volkswagen AG​​ will cut ~20,000 jobs in Germany through ​​voluntary early departures by 2030​​. At a Wolfsburg workers' assembly, HR Chief ​​Gunnar Kilian​​ stated the company had achieved significant cost reductions at six German plants while implementing layoffs "in a socially responsible manner." As Europe's largest automaker, VW faces rising costs, weak European demand, and fierce competition from Chinese rivals, necessitating production capacity and workforce reductions. 7. Rare Earth Crisis: China’s Export Restrictions Threaten German Auto Production Germany’s ​​Automotive Industry Association (VDA)​​ warned on June 3 that China’s controls on ​​rare earth exports​​ could halt German auto production. VDA President ​​Hildegard Müller​​ noted that slow export license approvals and customs delays are disrupting supplies of critical vehicle components. This marks the first formal warning from Germany’s auto sector about production risks due to rare earth shortages. 8. Tech Revolutionizes Packaging: Starbucks Launches Compostable Cup Across Europe ​​Starbucks​​ has partnered with ​​Metsä Board​​, ​​Transcend Packaging​​, and ​​Qwarzo​​ to launch a ​​home-compostable coffee cup​​ with a plastic-free lid in 10 European countries. The cup features a mineral-based coating (developed by Italy’s Qwarzo) that provides heat/water resistance while enabling recyclability. The fiber-based lid eliminates single-use plastic. Rollout includes Italy, Germany, France, Sweden, Switzerland, Austria, Spain, Portugal, and Hungary. 9. Smartphone Market Stagnates: Q1 2025 Growth at Just 0.2% Per ​​Canalys​​ (now part of ​​Omdia​​), global smartphone shipments grew marginally (0.2%) to ​​296.9 million units​​ in Q1 2025, marking three consecutive quarters of slowing growth as replacement cycles plateau. ​​Samsung​​ led with 60.5M units, followed by ​​Apple​​ (55M, 19% share) and ​​Xiaomi​​ (41.8M, 14%). ​​Vivo​​ (22.9M) and ​​OPPO​​ (22.7M) ranked fourth and fifth.   Overseas macro market information:   【Citigroup: High Upside Potential for Chinese NEV Makers in June​】 ​Citigroup notes that most new energy vehicle (NEV) brands saw ​​week-on-week order recovery​​ last week. Coupled with recent ​​promotional campaigns​​ by automakers, June presents significant upside potential. 【Lee Jae-myung Sworn In as South Korea’s President​】 Lee Jae-myung was formally ​​sworn in​​ as South Korea’s 21st president at the National Assembly on June 4. His term began at 6:21 a.m. local time, following confirmation by the ​​National Election Commission​​.  【Mexico to Seek U.S. Exemption from Steel Tariff Hike】 Mexican Economy Minister ​​Marcelo Ebrard​​ stated Mexico will request a U.S. exemption from the planned 50% steel tariff this week. Ebrard will meet U.S. officials in Washington on Friday and warned Mexico has a "​​Plan B​​" if tariffs proceed. 【AliExpress Opens to Local Merchants in Poland​】 Following Germany, Alibaba’s AliExpress has ​​opened to local Polish merchants​​. Industry sources confirm the move aims to expand local business operations after attracting major Polish enterprises over the past year.  【Canadian Wildfires Spread; Saskatchewan to Evacuate Thousands​】 Wildfires continue to spread across Canada. Saskatchewan’s Premier confirmed ​​thousands more evacuations​​ are imminent in the province’s north, adding to the 9,000 already displaced. Total evacuees may reach ​​15,000​​, with 400+ structures destroyed.  【Vietnam’s Exports Grow 14% YoY in May​】 Vietnam’s May exports rose ​​14% year-on-year​​, with a ​​trade surplus of $4.67 billion​​.    Price information:   【USD/CNY Central Parity Rate​】 Central Parity Rate​​: 7.1886 (down 17 pips) Previous trading day: 7.1869 Official closing price: 7.1895 Overnight settlement: 7.1878 【Upstream Raw Material Prices (USD)】 Ethylene Asia:CFRNortheast Asia780 / CFRSoutheast Asia850 / Acrylic Northeast Asia:FOB Average price in South Korea745 / CFRAverage price in China775 /North Asia frozen cargo CFR, propane545-547 /Ton; Butane514-516 / South China Frozen Goods7FOB price, propane603-613 /Tons; Butane538-548 / The arrival price of frozen goods in the Taiwan region, propane545-547 /Tons; Butane514-516 / 【LLDPE market price（USD）】 Film grade​​:875 / CFRHuangpu); ​​Injection grade：970 / CFRDongguan 【HDPE market price（USD）】 Film grade​​ : 900-920 / CFRHuangpu); Blow molding grade​​:  865-870 / CFRHuangpu) 【LDPE market price(USD)】 ​​Film grade​​:  1025-1035 / CFRHuangpu); 【PP market price（USD）】 Homopolymer​​:  890-935 / CFRHuangpu)(↓15/mt) Copolymerization: 955-1060 / CFRHuangpu; Film grade​​:  1025-1090 / CFRHuangpu); ​​Transparent grade​​:  1085 / CFRHuangpu); ​​Pipe grade​​:  1160 / CFR(Shanghai).