International News Roundup: Raw Material News: BASF announces layoff plan! Automotive News: Japan Automobile Manufacturers Association also issues warning: Notifications received regarding inability to guarantee chip deliveries. Packaging News: PCR A

Pearl Polyurethane Company has begun upgrading discarded PET into polyurethane systems for insulation products. The company uses a glycolysis process to convert shredded PET waste into polyester polyols. The company stated that once the process is fu

On October 24, it was learned from Zhuanshu Shijie that WM is closing its plastic film recycling plant near Houston. The company describes this move as a temporary measure, but also indicates that the future of the plant is uncertain. The largest sol

All Around Polymer Co. has launched a data-driven nylon compounding framework aimed at significantly shortening the validation cycle for manufacturers using lightweight engineered plastics as metal alternatives. This company, based in Tainan City, T

On October 20, 2025, Manali Petrochemicals announced its decision to sell its UK-based polyurethane elastomer subsidiary Notedome to the Italian specialty chemicals company COIM. The transaction will be valued

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.

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

rPlanet Earth, a California-based PET plastic recycler and food and beverage packaging manufacturer, has gone bankrupt. The factory located in Vernon is the second PET plastic recycling company in California to close this year. The company claims to

On the evening of October 15, the National Medical Products Administration issued an announcement canceling the registration certificates of 80 drugs, including Fexofenadine Loratadine Tablets (10mg, National Drug Approval Number H20040557). It is no

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

The story of range extension seems far from over. According to customs data, in the first half of 2025, China's total automobile exports reached 3.48 million units, an 18% year-on-year increase, consolidating its global leading position. Among them,N

On October 20, Toray announced that it signed a memorandum of understanding with Refinverse to deepen their cooperation in recycling nylon 66 resin from airbag waste. According to the division of labor between the two parties, Refinverse is resp

Introduction: The Netherlands' recycling pilot project collects uncontaminated plastic waste at Zuyderland Medical Center. After being transported by a professional carrier, the waste is sent to Saudi Basic Industries Corporation (Sabic) to be transf

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

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

At the recent K 2025 trade fair in Düsseldorf, Germany, the recyclability of automotive seats received a significant and timely boost, with Dow announcing an innovative polyolefin-based cushioning material solution. Another innovation, also using po

I. Crude Oil Market Dynamics U.S. crude oil futures closed up 3.74% at $59.38 per barrel; Brent crude oil futures rose 3.54% to $63.49 per barrel. U.S. Treasury Secretary Yellen stated that she expects to significantly strengthen sanctions against Ru

In October 2025, Toyota Motor Corporation announced approximately​​2.2Trillion yen​Acquired all shares of the group-related company Toyota Industries Corporation for approximately RMB 104 billion in cash and facilitated its delisting. Source of imag

International News Guide Raw Material News - Ascend's Restructuring Plan Approved by Court, Expected to Be Completed in Q4 Automotive News - Nexperia Crisis: Netherlands Seeks Solutions, Volkswagen and Auto Industry in Difficulty Medical News - Over

The lively market situation in October saw a 32% weekly increase in freight rates on the West Coast routes, but unlike usual, it did not drive up plastic futures prices. Since October, the main contract price of plastics has continued to be under pre