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Lotte Chemical Launches Commercial Operation of Indonesian Olefin Complex with Annual Ethylene Production of 1 Million Tons
Lotte Chemical's Malaysian subsidiary, Lotte Chemical Titan, recently announced that its steam cracking plant and derivatives complex in Merak, Cilegon, Indonesia, with an investment of $3.95 billion, has commenced commercial operations. The project
Plastmatch Global Digest -
Musk Clarifies: Samsung Will Collaborate With TSMC to Manufacture Tesla AI5 Chip
ITHomeOn October 23, it was reported that Tesla CEO Elon Musk stated that Samsung Electronics is increasingly involved in manufacturing chips for the automaker, indicating that the South Korean company is gradually entering a market originally domina
IT Home -
1% electrification rate alarm: Toyota's $104 Billion Acquisition of Toyota Industries, Is It a Breakthrough or a Desperate Gamble?
In October 2025, Toyota Motor Corporation announced approximately2.2Trillion yenAcquired all shares of the group-related company Toyota Industries Corporation for approximately RMB 104 billion in cash and facilitated its delisting. Source of imag
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Anshi semiconductor's new progress! power semiconductor giant stalls, global automakers caught in chip war
In late September 2025, the Dutch government implemented asset freezing and governance intervention measures against Nexperia, a semiconductor company with Chinese investment, citing national security concerns, which triggered a chain reaction. In re
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Baoli plastics acquired! why engineering plastics have become a sweet spot for giants?
Daicel Corporation announced that it will acquire all operations of Polyplastics Co., Ltd. through an absorption-type merger effective April 1, 2026. This marks the official end of the Celanese joint venture relationship that began in 1964, with Poly
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Fire at bangladesh garment factory and chemical warehouse leaves at least 16 dead
A fire broke out at a garment factory in Dhaka, the capital of Bangladesh, and an adjacent chemical warehouse on October 14 local time, resulting in at least 16 deaths and multiple injuries. According to Reuters, Jasim, an official from th
Chem-bang -
LG Chem to Halt High-Density Polyethylene Production in South Korea's Daesan
On October 15, ZS News learned that, according to a customer letter seen by Platts, a division of S&P Global Commodity Insights, on October 14, LG Chem Ltd. announced plans to shut down its high-density polyethylene (HDPE) plant located in Daesan
Plastmatch Global Digest -
Global First China-Europe Arctic Container Express Route Successfully Commences; Most Plastics Show Gains, PC Up By 300 In Some Cases
I. The world's first China-Europe Arctic container express shipping route successfully opened. Zhuan Su Shijie has learned that local timeOn the night of October 13 (in the early morning of October 14, Beijing time), the "Istanbul Bridge" cargo ship,
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New Toyota Corolla Official Images Revealed Ahead of Tokyo Motor Show Debut
Recently, CheZhiWang obtained official images of the all-new Toyota Corolla from relevant sources. During the Toyota brand conference held on October 13, a mysterious model never seen before appeared in the teaser video. Because the vehicle has the w
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Prospects for the Plastic Processing Equipment Market in 2025: Germany Is Pessimistic, While Chinese and Japanese Plastic Machinery Companies Are Optimistic About the Future
The current state of the plastic processing equipment market is complex. Will there be a recovery in 2026? The answer is intricate. At the 2025 K Show in Germany, the Plastics Industry Association released the "Global Trends Report," with Chief Econo
Plastmatch Global Digest -
Toray Industries, Exit!
[DT New Materials]It has been learned that recently, Toray Industries announced the sale of its remaining stake in LG Toray Hungary Battery Separator Co., Ltd. to LG Chem. After the completion of this transaction, Toray will completely withdraw, and
DT New Materials -
Carbon Fiber Reinforced Polymer Composite Airframe! Plana eVTOL Secures Major Order from Vonaer
The advanced air mobility (AAM) company Vonaer from South Korea will purchase 20 hybrid electric vertical takeoff and landing (eVTOL) aircraft, which will accelerate Plana's goals in certification, financing, and market access. Plana US Inc. has si
Composite Materials Experience Center -
SoftBank's $5.4 Billion Acquisition of ABB's Robotics Business: Masayoshi Son Bets on "Physical AI" to Ignite Industry Transformation
On October 8, Swiss industrial giant ABB announced that it had reached an agreement with Japan's SoftBank Group to sell its robotics business unit for $5.375 billion. This news instantly sparked excitement in the global tech and industrial sectors, d
Plastmatch -
Major Shareholder Confronts Company! This South Korean Plastics Giant Faces Management Crisis
On October 2nd, specialized observations found that South Korea's chemical industry giant Kumho Petrochemical is deeply mired in a management rights dispute.The incident originated from Kumho Petrochemical's plan to issue exchangeable bonds using its
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India Intensifies Anti-Dumping Against China, Involving Antioxidants, PET, PVC Wallpaper! PC Prices Surge, Increase by 400
India imposes an anti-dumping duty of up to $761 per ton on Chinese antioxidants for a period of five years. Recently, the Ministry of Commerce and Industry of India issued an announcement, making an affirmative final anti-dumping ruling on Certain A
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Mitsubishi Europe Phasing Out Renault Clio-Based Small Cars in Favor of SUVs
According to foreign media reports, recently, Frank Krol, CEO of Mitsubishi Europe, stated that Mitsubishi Motors will no longer launch a successor to the current Colt small car, which is based on the Renault Clio model, as the company is refocusing
Gasgoo -
Interpretation of india's anti-dumping investigation against chinese pvc wallpaper and its impact
Message: India imposes import restrictions on goods originating from or exported by China.PVCWallpaper anti-dumping investigation Directorate General of Trade Remedies, India27A notice was issued to conduct an anti-dumping investigation on imported w
JLC -
Collective Brake: Ethylene Production Cuts in China, Japan, and South Korea Signal Market Turning Point?
The petrochemical industry in East Asia is undergoing the largest restructuring in decades, as China, Japan, and South Korea are accelerating the phase-out of outdated cracking units to reduce excess ethylene capacity. Industry insiders expect that b
ECHEMI -
ABB Robotics Launches OmniCore™ EyeMotion for Vision-Driven Autonomous Innovation
On September 23, ABB Robotics launched the OmniCore™ EyeMotion vision system, which can be equipped on all ABB robots with OmniCore. It can perceive the surrounding environment using any third-party camera or sensor and adapt in real-time even in com
Autohome -
All-Electric Drives, China’s Automotive Industry Thrives
Various types of electric vehicles are in high demand in the EU market. Chinese cars, in particular, are very popular, while Tesla continues to decline. Electric vehicles are experiencing overall growth, and Chinese automakers are thriving in the EU,
Autohome
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