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LG Chem And TK Chemical Sign PBAT Cooperation MOU
On September 10, LG Chem and TK Chemical, a subsidiary of SM Group, signed an MOU in Seoul on the development of eco-friendly biodegradable materials (PBAT) and business cooperation. PBAT (Polybutylene Adipate-co-Terephthalate) is a petroleum-based
Plastmatch Global Digest -
Lotte Chemical Indefinitely Shuts Down 1.1 Million Ton Per Year Naphtha Cracker
On September 3, Lotte Chemical’s naphtha cracking complex (NCC) at the Daesan Industrial Complex in South Korea was officially shut down indefinitely, with its associated butadiene extraction unit also ceasing operations. The facility has a designed
Plastmatch Global Digest -
Precision in Every Cycle: WINTEC e-win All-Electric Machines for High-Cavity Medical Injection Moulding
In medical device manufacturing, a syringe may appear simple in structure, yet it consists of multiple precision plastic components that must fit together flawlessly. The needle holder and barrel must not only meet stringent dimensional accuracy, con
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BASF Shuts Down Two Major Care Chemicals Plants in India
Due to severe overcapacity in the Indian market, high production costs, and continued pressure on profit margins, BASF India plans to shut down its sulfuric acid plant and low-temperature reactor at the Dahej production site by the end of 2026. T
Plastmatch Global Digest -
South Korea 1.39 Million Tons Of Ethylene Production Capacity Permanently Exits
On July 22, South Korea’s Ministry of Trade, Industry and Energy officially approved the “Yeosu No. 1 Business Restructuring Plan” for the Yeosu Industrial Complex. The plan was jointly submitted by four companies: Yeochun NCC (YNCC), Lotte Chemical,
ECHEMI -
India’s Sole TDI Plant Restart Delayed Again; Tariff Exemption Extended by Half a Month, Creating Another Short-Term Export Opportunity to India
On June 30, 2026, India’s Ministry of Finance issued the latest customs notification, once again extending the basic import duty exemption for 40 categories of petrochemical and chemical products, including polyurethane raw materials. The duty-free w
Huicong Chemical Network -
Sumitomo Chemical Integrates PP and LLDPE Businesses into Prime Polymer Joint Venture
On July 2, Plastics Vision learned that Sumitomo Chemical announced on July 1 that the effective date for the agreement related to the integration of its domestic polyolefin business in Japan has been officially confirmed. The integration will be ca
Plastmatch Global Digest -
Focus on going global! kingfa sci. leads, huitong, preter, and kumho nire follow, china’s modified plastics frenziedly expanding worldwide
Image source: Kingfa Sci. & Tech. On June 24, Kingfa Sci. & Tech. said on an interactive platform that the company is accelerating its efforts to take both production capacity and technology overseas. It currently has production bases in the
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Dow Announces Expansion Of Production Capacity And Enhanced Innovation Capabilities To Support Continued Growth In Specialty Silicone Market
Strategic investments enhance product supply capabilities, strengthen supply chain resilience, and accelerate the scaling process from innovative concepts to commercial implementation. 2026 6 25 ,Dow Inc.(Dow Inc., NYSE: DOW) announced a series of ta
Dow Chemical Investment -
India to Continue Anti-Dumping Duty on Chinese PET at $200.66 per Ton
On June 19, the Department of Revenue under India’s Ministry of Finance issued Notification No. 12/2026-Customs (ADD), stating that it will continue to impose anti-dumping duties on “polyethylene terephthalate resin with an intrinsic viscosity of 0.
Petco | Dedicated to PET Circular Development -
[Overseas Headlines] China National Chemical Engineering Signs Indonesia 300,000-Ton PP Project! Japan's Zeon Develops New Technology! LYB Shuts Down
International News Highlights: Raw Material News - LyondellBasell Announces Shutdown of PP Unit by Year-End Auto News - China Chemical: 300,000-ton polypropylene project in Indonesia successfully signed. Packaging Highlights: Living-Hinge Bottle Caps
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China's hybrid technology is reverse "harvesting" the world
Ten years ago, we were still debating whether hybrid technology was merely a “transitional technology.” Ten years later, China’s hybrid systems have begun feeding back into the global market. At the 6th International Forum on Automotive Power Systems
Gasgoo -
HP And Ferrari Launch Co-Branded Notebook, A Dual Pursuit Of Supercar Aesthetics And Electronic Art
Fusing supercar DNA with electronic engineering, the limited-edition AI PC co-branded by HP and Ferrari demonstrates the narrative power of industrial aesthetics in CMF design. It transforms Ferrari’s mechanical luxury DNA into a visually striki
cmfdesign -
Benchmarking Against European Union (EU) ELV Regulations! Ruifeng Leads the Development of a Resource Recycling Commercial System for Semiconductor Waste Plastics in Automotive Applications
Recently, four Japanese companies led by Japanese financial giant Mizuho Bank launched a joint R&D initiative to implement a business model for the resource recycling of plastics: regenerating waste plastics generated by the semiconductor industr
Plastmatch Global Digest -
Japan Plans To Sell Lithography Giant JSR! Fujifilm And Mitsubishi Chemical Interested In Taking Over, How Much Time Window Is Left For China?
On May 28, 2026, a Reuters report sent shockwaves through the semiconductor materials industry: Japan’s government-backed Japan Investment Corporation (JIC) is considering selling chip materials maker JSR. Two years ago, this government-backed fund p
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Smart Manufacturing Accelerates Again! Sumitomo and ACMT Join Forces to Usher In a New Era of AI “Digital-Analog Resonance”
On May 20, 2026, Sumitomo Plastic Machinery (Shanghai) Co., Ltd. Suzhou Branch (Sumitomo) and the Taiwan Association for Computer-Aided Mold Technology (ACMT) officially signed a memorandum of cooperation for a technology partnership alliance.
Sumitomo Injection Molding Machine -
Next step: Linked Bottle Caps? India Hard Plastic Packaging EPR Target Achieves 76% Completion Rate
Recently, the Central Pollution Control Board (CPCB) of India released the latest data showing the hard plastic of India.The overall goal of Extended Producer Responsibility (EPR) has only been achieved at 76%.。 The EPR framework was implemented as
Petco | Dedicated to PET Circular Development -
Sk chemicals’ seven plastic materials confirmed compatible with european recycling processes
SK chemicals’ plastic materials have been certified as compatible as feedstock for European recycling processes. On May 26, SK Chemicals announced that its copolyester ECOTRIA CLARO and PET product line, the SKYPET family, had been recognized by the
PR Newswire -
Mitsubishi Leads, Toyota Participates! Nine Japanese Companies Join Forces to Promote Recycled Plastic Supply System
Recycled plastics come from complex sources, and product quality control is unstable, with uneven performance, making them difficult to apply in high-end fields. To address the severe disconnect between the material side and the application side of r
Recycling and Reuse of Polymers -
900,000-Ton-Per-Year Ethylene Plant Shut Down! ExxonMobil Reshapes Asia-Pacific Petrochemical Landscape
On May 22, 2026, ExxonMobil officially confirmed that its No. 1 steam cracker on Jurong Island, Singapore, which had been in operation for 24 years, had been shut down, affecting an annual ethylene production capacity of 900,000 tons. I. Reconstruct
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Layoffs, Divestments, Plant Closures While Pouring Billions: BASF Undergoes Major Transformation!
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South Korea initiates anti-dumping investigation against Chinese PVC suspension resin! The target is Tianjin Bohua and Wanhua Chemical. How to break through?
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Sixth national procurement set to be implemented: A “Reshuffling” Moment for the $10-Billion Medical Device Market