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Adnoc to transfer OMV stake to XRG
Abu Dhabi National Oil Co. (Adnoc) announced July 16 that it intends to transfer its 24.9% shareholding in OMV AG (Vienna) to XRG PJSC, Adnoc’s wholly owned international investment company. Details of the transaction have not been disclosed.
Chemical Week -
US officials hint at extending tariff negotiation deadline! Syensqo and Terma strengthen aerospace, defense partnership! Shell issues earnings warning
International News Guide: Raw Material News -Scientists Crack the Code for Low-Cost, Low-Carbon Plastic Recycling Automotive News - Nissan and Foxconn Plan to Jointly Produce Electric Vehicles in Japan: 60-Year-Old Factory Is Expected to Be Revived P
plastmatch -
PRET Invests in Mexico; Sulzer launches PS recycling technology ; Envalior and partners develop gearbox concept for robot arms
Highlights of International News: Raw Materials: Sulzer Launches Polystyrene(PS) Recycling Technology Automotive: Renault Records a €9.5 Billion Loss Due to Accounting Method Adjustments. Electronics: Envalior&
plastmatch -
Iraq Ceasefire Takes Effect ! Covestro Acquires Swiss Film Manufacturer ; Ensinger Expands The PI Production Line !
International News Digest: Raw Materials News- Covestro acquires Pontacol: expansion in specialty films Automotive News-Audi Considers New U.S. Plant with Costs up to €4 Billion Packaging News- India’s Dhunseri Ventu
Plastmatch Global Digest -
World’s First Commercial Polymer Heart Valve Launched! EU Considers Support for Plastic Recyclers! MediaTek Sues Huawei at EU Unified Patent Court
International News Digest: Raw Materials - EU Weighs Measures to Save Plastic Recycling Firms Automotive - Tesla Robotaxi Debuts Quietly with ~10 Model Ys Packaging -BASF Japan and partners to develop bag
Plastmatch Global Digest -
Toray and partners launch end-of-life aircraft recycling program for composites! Borouge Signs $531 Million Logistics Agreement !Boston Scientific Sells Its Park
International News Highlights Raw Materials News - Westlake Epoxy and Alpha Recyclage Composites to advance composites recycling Automotive News - Toray and partners launch end-of-life airc
Plastmatch Global Digest -
【Overseas News】Dow Chemical Awarded ¥8.5 Billion! Ineos Produces Olefins from Waste Plastics! JERA to Increase Procurement of US LNG
International News Highlights: Raw Materials News:Canadian Court Orders NOVA Chemicals to Pay Dow an Additional CAD$1.6 Bilion in Ethylene DisputeAutomotive News:Mitsui Chemicals achieves automation of tank allocation planning through digital
plastmatch -
Vietnam to Impose Additional Duties, UBE Corporation Establishes Special Materials Application Center, US Toy Manufacturer Faces Survival Challenges
International News Digest: Raw Materials News-UBE Corporation Opens Specialty Materials Application Center in Osaka, Focusing on Nylon and Engineering Plastics Automotive News-France’s April New Car Registrations Drop 5.6% Packaging New
Plastmatch Global Digest -
【International News】World-class PE Film Recycling Plant Launched! Hyundai May Raise Prices in the U.S.! DCH Holdings Initiates Acquisition
International News Digest: Raw Material News -Nova officially opens Syndigo 1 PE film recycling facility in Indiana Auto News - Hyundai is considering raising car prices in the US market after June 2nd Packaging News - Philippines: Approves the Use o
Specialized Plastic World -
Overseas Highlights: PPG Establishes New Aerospace Coatings Plant in the US, Yizumi Turkey Company Officially Opens! Pepsi Adjusts Plastic Packaging Goals
News Headlines: Raw Materials News - $380 Million! PPG to Build New Aerospace Coatings Plant in the United States Automotive News - FF Officially Receives Factory and Operation Center in Ras Al Khaimah, UAE Packaging News-PepsiCo moves its sust
Specialized Plastic World -
J&J Subsidiary Ordered to Pay $1 Billion in Damages; Bayer Receives Shanghai GOI Certification; Zeekr Energy Partners with Shell!
International News : Raw Material News-Syensqo's high service temperature prepreg replaces titanium in Boeing Automotive News-The European Union initiates anti-dumping investigati
Specialized Plastic World -
J&J Faces $147M Antitrust Verdict in Catheter Case
At a Glance A federal jury found J&J's Biosense Webster violated antitrust laws by withholding support for reprocessed catheters. J&J said it is reviewing the verdict and evaluating all legal options, including appeal. The Association of M
PLASTICS TODAY -
1.2 Billion Yuan! Japanese Machinery Company Acquires German Plant from WuXi Biologics
On May 14, Japanese medical device manufacturer Terumo announced that it has acquired its Leverkusen plant in Germany from WuXi Biologics for 150 million euros (approximately 1.2 billion yuan). The plant, originally a Bayer asset, was purchased by Wu
MedTrend Medical Trends -
Siemens Healthineers: Varian to Relocate Part of Production from Mexico to the United States
Siemens Healthineers has just announced plans to move part of Varian's manufacturing operations from Mexico to the United States. The company plans to transfer Varian's manufacturing operations in Baja California, Mexico, to Palo Al
Medical Device Home -
Medical Device Giant Restructures Again to Save Itself as Stock Plummets 67%
Diabetes giant, reorganization twice in less than half a year, terminates important product line! 01 Global Diabetes Giant: Will be further reorganized! Recently (May 9, 2025), according to foreign media reports, the g
Medical Device Business Review -
Medical Device Giants Maintain Strong M&A Enthusiasm: Key Sectors to Watch
Despite the significant uncertainty brought about by the current tariff issues, the industry still hopes to see more merger and acquisition transactions in fields such as orthopedics and interventional cardiology; major merger targets are expected t
Sina Finance -
ThermoFab Acquires Reaction Injection Molding (RIM) Assets From Mearthane Products
ThermoFab, a supplier of heavy gauge plastic enclosures and related single use components for the medtech and other regulated industries, reports that it has acquired key reaction injection molding (RIM) assets from Mearthane Products Corp. All
PLASTICS TODAY -
Amcor Opens Advanced Coating Facility for Healthcare Packaging in Malaysia
Amcor has completed construction of its advanced coating facility in Selangor, Malaysia, less than a year after it opened a new innovation center in Europe and announced a merger with Berry Global Group Inc. The advanced coating facility m
PLASTICS TODAY -
Billions Lost: How Much Longer Can Medical Device Profit Margins Withstand the Impact of Tariffs?
Recently, Abbott released its Q1 2025 earnings report, with total revenue of $10.36 billion, a year-on-year increase of 4.0%. However, behind this seemingly steady report lie hidden concerns. The company's CEO, Robert Ford, warned investors during th
Medical Device Innovation Network -
Abbott and Johnson & Johnson: Global Medical Device Giants' Robust Performance and Strategies Amid Tariff Pressures
In April 2025, two of the world's leading medical device giants, Johnson & Johnson and Abbott, announced their financial reports for the first quarter. Although both companies revealed the impact of tariffs on their finances in the repo
Frontiers of High-Value Medical Consumables
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Four Major Chemical New Material Giants Sell Off and Shut Down Again!
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Massive Retreat of Japanese and Korean Battery Manufacturers
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Napan Unveils Thermoplastic Composite Three-in-One Power System Solution, Battery Cover Weight Reduced by 67%