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European Union Imposes Anti-Dumping Duties on PTA From South Korea and Mexico
The European Commission imposed temporary anti-dumping duties on imports of purified terephthalic acid (PTA) from South Korea and Mexico, effective from April 10. The EU Commission stated that, amid weakening demand, dumped products have continued to
Plastmatch Global Digest -
Breakthrough! 13.6-million-ton new giant emerges as world’s fourth-largest polyolefin producer, reshaping industry landscape
On March 31, 2026, OMV AG and ADNOC’s international investment arm, XRG, officially announced the formation of Borouge Group International. This new industry giant, formed through the merger of Borouge and Borealis and the acquisition of NOVA Chemica
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German Dormagen Leuna Plant Saved From Shutdown Amid Emergency Joint Acquisition
On April 2, Zhuan Su Shi Jie learned that the factory of DOMO Chemicals, located in Leuna, Germany, will be able to continue its operations. The factory, along with two other German subsidiaries of the group, had entered bankruptcy proceedings at the
Plastmatch Global Digest -
Tech Festival Goes to FischER: Hidden Global Anchoring Champion in the Black Forest
The first stop of the Arburg Technology Festival China delegation was at Fischer, a company From a workshop in the Black Forest in 1948, to a global leader in anchoring technology with a turnover of 1.11 billion euros in 2024; From inventing the
Arburg -
Breaking the Bottleneck of Hard-to-Recycle Plastics! Plastic Energy and TotalEnergies Launch Advanced Recycling Plant in France
UK-based Plastic Energy and France’s TotalEnergies jointly announced the official commencement of operations at their joint venture advanced plastic recycling facility—TEPEAR (TotalEnergies Plastic Energy Advanced Recycling). Located at TotalEnergies
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RIGK Partners with GCR to Launch European Industrial Packaging Recycling Pilot
Germany's packaging and plastic recycling service provider RIGK has recently partnered with GCR, a Spanish company specialized in modified and recycled materials, to launch a pilot project across Europe aimed at upgrading industrial packaging recycli
Plastmatch Global Digest -
European Chemical Industry Under Pressure, Versalis Reports Full-Year Loss of 819 Million Euros
Eni Group's chemicals division, Versalis, reported an adjusted operating loss of €204 million for the fourth quarter of 2025, compared to €231 million in the same period of 2024. The improved performance reflects the initial effects of the restructur
Plastmatch Global Digest -
German chancellor’s visit to china concludes, “new era of cooperation” begins for chinese and german automobile industries
From February 25 to 26, 2026, German Chancellor Friedrich Merz made his first official visit to China in his capacity as Chancellor. A business delegation accompanying him comprised approximately 30 German industrial giants, with particularly strong
Gasgoo -
MGS Acquires Danish Knudsen Plast A/S, Strengthening Medical Injection Molding and Cleanroom Production Capacity
Medical technology manufacturer MGS recently announced the acquisition of Denmark-based injection molding company Knudsen Plast A/S. The company, with over 40 years of industry experience, has long served medical device original equipment manufacture
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Beyond Product Export! Li Auto Sets Its Sights On Europe—How Systematic Deep Engagement Can Drive Upgrades In The Plastics And Chemical Supply Chain
On February 24, 2026, Li Auto officially joined the EU-China Chamber of Commerce as a member and became part of its Automotive Working Group. This news may seem like a routine business organizational update, but in the current context where China's n
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Bosch to Shut Down Automotive Connector Plant Employing Around 560 Workers
Due to a significant decline in sales of mobile mobility products, the technology company Bosch is gradually exiting its automotive connectivity manufacturing business in Waiblingen, Germany. The company has reached an agreement with local worker rep
European M&A and Investment -
Germany: PPWR Transformed into Domestic Law, Corporate Compliance Countdown
Germany has transposed the Packaging and Packaging Waste Directive into national law, increasing recycling quotas for various materials and revising rules for licensing and financing. The new Packaging Act Implementation Act will replace the current
Recycled PET New Horizons -
Mercedes-Benz China Announces Key Leadership Change: Duan Jianjun Departs, Li Des Appointed President and CEO
On February 14, Mercedes-Benz (China) Investment Co., Ltd. announced a series of personnel changes in management positions within its joint ventures. Source: Pacific Auto The announcement states that Mr. Duan Jianjun, President and CEO of Beijing
Gasgoo -
EU PET Recycling Faces Existential Crisis, Standards to Reshape Industry Chain
Despite being the second most recycled polymer in the EU, polyethylene terephthalate (PET) is facing increasingly severe challenges. Driven primarily by low-cost imports, the industry is struggling with stagnant prices and mounting stockpiles for re
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DOW Delays German COC New Plant Construction Amid Weak European Demand Outlook
Special Plastics Vision learned on February 11 that Daicel Corporation, a Japanese company, has adjusted the business plan of its consolidated subsidiary, TOPAS Advanced Polymers GmbH, delaying the commissioning of its new cyclic olefin copolymer (CO
Plastmatch Global Digest -
Building an Asian Application R&D Center! Why Is DOMO Chemicals Firmly Betting on China's High-End Nylon Track?
Source: DOMO Chemicals On February 6th, DOMO Engineering Materials, a subsidiary of DOMO Group, announced the construction of a new Asian Application Development Center at its Haiyan production base in Jiaxing, Zhejiang. Preparatory work for the pro
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Breaking: EU Imposes 79% Anti-Dumping Tariff on Several China Products
On February 6, 2026, local time, the European Commission published an official gazette stating that the EU will increase the anti-dumping duty rate on ceramic tableware and kitchenware (including plates, cups, bowls, and other kitchen utensi
Trade Night Sailing -
Pirelli's Equity Rift: Unmasking the Brutal Truth of Geopolitical Games in Smart Tires
Recently, the shareholder relationship of Italian tire giant Pirelli has once again become a focus of the industry - its core shareholder, Camfin, has officially announced that it will not renew the shareholder agreement with China's Sinochem, which
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Europe's Chemical Industry on Brink of Collapse: 20,000 Jobs Lost in 4 Years, 37 Million Tons of Production Capacity Shut Down
On January 28th, a report released by the European Chemical Industry Council (Cefic) showed that between 2022 and 2025, European chemical industry capacity closures surged sixfold, with a cumulative loss of 37 million tons of capacity over four years
China Chemical Industry News -
Solvay Inaugurates Europe's First Bio-Circular Silica Production Plant in Italy
Solvay, the Brussels-based group, has officially inaugurated a new bio-circular silica production unit at its Livorno plant in Italy. This milestone marks a significant step forward in the European industry's transition toward sustainable development
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