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Abu Dhabi’s Acquisition of Covestro Paused, Wanhua Chemical Gains Kuwait Investment, Shenghong POE Production Reshapes Market Landscape
This week's major newsAbu Dhabi National Oil Company's acquisition of Covestro faces a suspension of the EU investigation, causing sharp fluctuations in stock prices; Wanhua Chemical is backed by an investment from a Kuwaiti petrochemical giant, enha
Plastmatch -
Adnoc Criticizes European Union (EU) for Halting Review, Raising Doubts Over Covestro Acquisition, Causing Stock Price to Plummet
According to a report from Zhuan Su Shi Jie on September 5, the Abu Dhabi National Oil Company (Adnoc strongly criticized the EU competition regulators for pausing their review of its €14.7 billion acquisition of German chemical giant Covestro.Called
Plastmatch -
Sales Only One-Seventh of BYD! Honda China August Sales 53,339 Vehicles, Down 6.36% Year-on-Year
On September 7, Honda China announced its sales figures for August. Sales in August reached 53,339 units, with cumulative sales from January to August totaling 413,310 units. Although sales in August increased by 19.01% month-on-month, the downward t
Kuai Technology -
Salt Lake Shares to Form 80,000 Tons Lithium Salt Production Capacity This Year
“In the first half of 2025, the company’s lithium carbonate output was 20,000 tons, and sales reached 20,600 tons,” Salt Lake Co., Ltd. recently disclosed during an investor survey. The company’s 40,000-ton/year lithium salt project is progressing as
Electric Train Resources -
EU Suspends Review of ADNOC's Bid for Covestro! ExxonMobil Seeks Exit from European Chemical Industry
International News Guide: Raw Material News - €1.47 Billion Acquisition Halted! EU Suspends Review of ADNOC's Bid for Covestro Auto News - Toyota Plans to Produce Electric Vehicles in Europe for the First Time Packaging News - Sappi Launc
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Annual Production of 50,000 Tons of Modified Plastics Project Put Into Operation
Recently, Prite's high-end automotive modified materials production base in Anhui officially commenced operations, with a total investment exceeding 1 billion yuan. This marks an important milestone in the company's efforts to deepen the development
DT New Materials -
Haitian Plastics Machinery Partners with Yanfeng Pio and Rhine Technology to Sign "Carbon" Cooperation Agreement, Creating a New Chapter in Green Sustainable Development
On September 3rd, Haitian Plastics Machinery Group Co., Ltd. held a grand ceremony at its Ningbo headquarters to sign a carbon cooperation agreement with Yanfeng Plastic Omnium Automotive Exterior Systems Co., Ltd. and TUV Rheinland (Shanghai
Haitian Plastic Machinery9 -
Volvo Cars' Global Sales Down 9% Year-on-Year in August, Electrified Vehicle Sales Drop 17%
On September 4th, Volvo Cars announced that its global sales in August fell by 9% year-on-year to 48,029 vehicles. Among them, sales of Volvo electrified models (including pure electric vehicles and plug-in hybrid vehicles) in August declined by 17%
Gasgoo -
Chuan Jinheng Auto Safety System Jinzhou Factory Catches Fire
On September 5, 2025, Gasgoo learned from relevant sources that on the night of September 4, a factory suddenly caught fire accompanied by several explosions. The fire was not completely extinguished until the early hours of today. Local residents in
Gasgoo -
16000-Ton Integrated Die Casting Plant Completed! Domestic Expansion Accelerates, Opportunities Arise for Plastics
Specialized Plastics VisionOn September 5th, it was announced by China State Construction Engineering Third Bureau Second Company that the world’s largest tonnage integrated die-casting factory, the Dongfeng Motor Integrated Die-Casting Industrializa
Plastmatch -
Large-Scale Limit-Up! This Sector Surges
In the morning session on September 5th, the three major A-share indexes all rose. On the market, sectors such as batteries, energy metals, photovoltaic equipment, and wind power equipment saw leading gains. Specifically, during the morning session,
Securities Daily -
Chuan Jin Heng Auto Safety System Factory In Jinzhou Catches Fire
On September 5th, Gasgoo Auto obtained information from relevant channels that on the evening of September 4th, a sudden fire broke out at a certain factory, accompanied by several explosions. The fire was not completely extinguished until early this
Gasgoo -
Versalis and Veritas Sign Agreement to Recycle Plastics in Venice
On September 5, Zhuansu Vision reported that Versalis, a chemical company under Italy’s Eni Group, signed a cooperation agreement with Veritas, the main multi-utility company in the Metropolitan City of Venice and the Province of Treviso, to jointly
Plastmatch Global Digest -
China's automotive new materials industry in 2025: Material Demand Surges Driven by New Energy Vehicles
In the context of the global automotive industry's accelerated transition towards electrification, intelligence, and lightweighting, new automotive materials, as the foundational support for technological innovation, are upgrading from "functional
ChinaIRN -
Honda's First Full-Size Electric Motorcycle to Be Released on September 16: Supports Fast Charging, Range to Exceed 100 Kilometers
On September 5th, it was reported that automotive media outlet Electrek published a blog post yesterday (September 4th), stating that Honda will unveil its first full-size electric motorcycle on September 16th.Supporting DC fast charging technology m
IT Home -
September Should Mark a Turning Point for the Auto Market
Everyone knows that the next five years will be a reshuffling and endgame period for the Chinese automotive market, but life goes on day by day. As we bid farewell to August and move on to September, it's worth discussing the eventful August, which w
Qiche Media -
Accelerating the abandonment of genuine leather: Why Are Mercedes-Benz, Cadillac, BMW, and Others Collectively Turning to New Materials?
Mercedes-Benz, Cadillac, BMW, NIO, and other high-end car manufacturers are heavily investing in new materials to cut ties with carbon-intensive leather. The seats of the Mercedes concept car AMG GT XX are made of a Nappa-like synthetic leather by M
Plastmatch -
Bmw's new generation first car debuts today, china-exclusive model to appear this year
The wheel of fortune turns, and in September, the automotive industry turns to "Munich time," while the new energy vehicle sector turns to "BMW time." The first mass-produced model of BMW’s new generation—the BMW iX3—will make its global debut on Sep
Qiche Media -
Dongfeng and Nissan Establish Import-Export Company With a Registered Capital of 1 Billion Yuan
According to Qichacha APP, recently, Nissan Import and Export (Guangzhou) Co., Ltd. was established with a registered capital of 1 billion yuan. Its business scope includes: wholesale of automobile parts and accessories; packaging services; informati
Gasgoo -
August New Energy Vehicle Sales Rankings: Geely Nears 150,000 Units to Set New Record, While BYD’s Growth Slows and Annual Target May Be Lowered
In August, the wholesale sales of new energy passenger vehicle manufacturers nationwide reached a new high, achieving 1.3 million units with a year-on-year increase of 24% and a month-on-month increase of 10%. From January to August, the cumulative w
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