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BASF Announces: Layoffs of 600 Employees!
Breaking news! BASF announces layoff plan! BASF, a chemical company, plans to lay off 600 employees at its Antwerp plant by the end of 2028. The largest chemical company in Belgium announced the layoff plan on the morning of Wednesday, October 22.
Guangzhou Chemical Trading Center -
[EVA Morning Update] EVA Market Mixed On October 24th! Highest Rise Of 100, Largest Drop Of 200 Yuan!
Today's EVA Market Brief: As of 11:00 AM on October 24, according to the statistics of the Specialized Plastics Vision, the EVA market across various regions in the country showed mixed trends! In the entire market, 1% of the quotes increased, and 1%
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Ps market steady with increase on october 24th! highest rise of 50 yuan!
Today's PS Market Brief: As of 11:00 AM on October 24, according to the specialized plastics market statistics, the PS market nationwide is stable with some increases. 36% of market quotations remain stable, with a maximum increase of 50 yuan. Curren
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ABS Morning Price Update: October 24th ABS Market Shows Mixed Trends! Highest Increase of 200, Maximum Decrease of 400 Yuan!
Today's ABS Market Commentary: As of 11:00 AM on October 24, the Zhuansu Shijie statistics show mixed fluctuations in the ABS market across various regions in the country. In the entire market, 3% of the quotes have increased, and 3% have decreased,
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Chemical Giant Suffers Huge Loss of 6.9 Billion! Over 200 Positions at Risk! Today’s Plastic Prices Fluctuate Narrowly, PET Sees Gains
According to the latest news, in the first three quarters of this year, Dow accumulated a loss of $967 million; INEOS's BDO plant faces the risk of closure, with its 200 jobs "under threat"; to make matters worse, the European Carbon Border Adjust
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Today's PP, PE Guangdong Plastic Prices Rise More Than They Fall! PE Highest Rise 340, PE Highest Fall 450
Summary: New prices in the Guangdong polyolefin market on the morning of October 24th! More increases than decreases! Most PP prices fluctuate between 10-220, with the highest increase of 340 and the highest decrease of 100. Most PE prices fluctuate
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Today PP and PE Prices in Fujian Show Mostly Gains! PP Up by 50-170, PE Up by 200 at Most
Summary: On October 24th, the Fujian polyolefin market's morning prices showed mostly positive trends. PP (polypropylene) mostly increased, with some rising by 50-170. PE (polyethylene) saw more gains than losses, with most increasing by 20-200, and
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[ABS Morning Briefing] Domestic ABS Market Prices Expected to Maintain Narrow Range
I. Points of Attention 1 、 Crude oil On October 23, the United States imposed new sanctions on Russian oil companies, heightening market concerns about potential supply risks, leading to an increase in international oil prices. NYMEX crude
Longzhong -
[PS Morning Brief] Expected Next PS Market May Test Small Rise
I. Focus Points 1 、 On October 23, the United States imposed new sanctions on Russian oil companies, increasing market concerns about potential supply risks and driving up international oil prices. The NYMEX crude oil futures December contract r
Longzhong -
[PE Morning Briefing] Supply-Demand Marginal Improvement Limited, Prices Fluctuate
1. Points of Attention 1 Cost side: The United States has imposed new sanctions on Russian oil companies, increasing market concerns about potential supply risks, leading to a rise in international oil prices. The NYMEX crude oil futures for
Longzhong -
"15th Five-Year Plan" Period Economic And Social Development Main Goals Established; International Oil Prices Soar Over 5%; Plastic Futures Narrowly Rise
I. Crude Oil Market Dynamics On October 23, the United States imposed new sanctions on the Russian oil company, increasing market concerns about potential supply risks, leading to a rise in international oil prices. NYMEX crude oil futures for the De
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China-US to Hold Economic and Trade Consultations! Lotte's Indonesian Olefin Complex Put into Operation; Dutch Medical Plastic Closed-Loop Pilot Launched
International News Guide Raw Materials News - Annual Ethylene Output 1 Million Tonnes! Lotte Chemical Launches Commercial Operation of Indonesian Olefin Complex Automotive News - German Auto Parts Supplier Webasto Reaches Restructuring Agreement with
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EVA Price Summary: EVA Market Steady With Decrease on October 23rd! Largest Drop of 200 Yuan!
Today's EVA Market Brief: As of 16:00 on October 23, the specialized plastics market statistics show that the EVA market across the country is stable with a slight decline. 96% of the market quotations have remained stable, with a maximum drop of 200
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[PS Price Summary] October 23rd PS Market Steady With A Decrease! Up To 250 Yuan Drop!
Today's PS market commentary: As of 16:00 on October 23, the PS market across the country has been stable with a downward trend according to the Special Plastic Vision statistics. 51% of the market quotations remain stable, with a maximum drop of 250
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[ABS Price Summary] ABS Market Steady to Slightly Down on October 23, with Maximum Drop of 120 Yuan!
Today's ABS Market Commentary: As of 16:00 on October 23, according to the statistics from Zhuansu Shijie, the ABS market across all regions in China is stable with a slight decline. 91% of the market quotations remain steady, with the maximum drop b
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October 23 National LLDPE Mostly Down, LDPE Mixed!
Today's LDPE Market Brief: According to statistics from Zhuan Su Shi Jie, on October 23, the major regions in the country saw more decreases than increases for LLDPE, while LDPE experienced an equal number of increases and decreases. Specifically: LL
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Regional Market Price: Overview of HDPE Price Fluctuations in Major Regions Nationwide on October 23
Today's HDPE Market Commentary: According to Zhuansu Shijie Statistics, on October 23, the HDPE market in major regions across the country saw more increases than decreases. Specifically: the HDPE film market in North China remained stable compared t
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[Regional Market Prices] PP Mostly Up with Some Declines! Overview of PP Price Fluctuations in Major Regions Nationwide on October 23
Today's PP Market Brief: According to the statistics of Specialized Vision, on October 23, the PP market in major regions across the country saw more rises than falls, among which: the PP block copolymer market in East China dropped by 200 yuan; the
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Shengxi Aojian Integrates Chemically Recycled Styrene Into Polystyrene (PS), ABS, and SAN Resins
Shengxi Ao announced that it has begun receiving styrene monomer (rSM) for chemical recycling through depolymerization from the new operational recycling plant built in partnership with Indaver. The factory is located in Antwerp, Belgium. It began
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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
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