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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 -
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
Plastmatch -
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 -
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
AI Auto Network -
Xpeng AeroHT Land Aircraft Interior Spy Photos Revealed, Possible December Launch
Recently, Car Quality Network obtained a set of spy photos of the interior of the XPeng HT Aero "Land Aircraft Carrier" from relevant sources. The new vehicle is XPeng's latest split-type flying car, which is scheduled to be officially launched in De
Cheyun.com -
Dongfeng Motor 16,000-Ton Integrated Die Casting Factory Completion Acceptance
On September 4th, it was announced by the Second Company of China State Construction Engineering Third Bureau that the Dongfeng Motor Integrated Die-casting Industrialization Construction Project, the world's largest tonnage integrated die-casting fa
Gasgoo -
Counterintuitive insights from "weixiaoli zero" q2 financial report: Why Is Li Auto with 100 Billion in Cash the Most Anxious?
In the second quarter of 2025, competition in the new energy vehicle market continued to rise like the summer temperature, as the four leading new car-making forces—NIO, XPeng, Li Auto, and Leapmotor—successively released their respective quarterly p
Automotive News Agency -
Nasdaq Proposes Listing Rule Revisions! Evonik Launches Next Markets Program; India Cuts GST
International News Guide: Raw Materials News - Evonik Launches "Next Markets Program" to Tap New Growth Areas Packaging News - Flexible Film Recycling Alliance:More than 100,000 Users Nationwide Automotive
Plastmatch -
Hydrogen Plasma Torch Instantly Pulverizes Plastic Waste, Making "Zero-Sorting" Recycling Possible
Korean researchers have developed a hydrogen plasma torch that can convert mixed plastic waste into recyclable chemicals within 0.01 seconds, enabling "sorting-free" plastic recycling while significantly reducing carbon emissions. This technology was
Plastmatch Global Digest -
Modified Plastics Companies' 2025 Semi-Annual Report Revealed: Growth Secrets of Leading Listed Companies
In the first half of 2025, the modified plastics industry seemed to have discovered the key to growth, with many listed companies delivering impressive results and their performance soaring. What exactly is the growth secret that has driven such a si
Sina Finance -
Frequent Thefts of Auto Parts in Europe and America: Plastics Targeted Alongside Metals
Specialized Plastics VisionOn September 4th, it was observed thatRecently, The region has been experiencing frequent theft incidents, with the theft of charging station cables in Germany being particularly severe, drawing significant attention from t
Plastmatch -
Blowing One's Own Horn Is Illegal, It's Time to Regulate Car Industry Marketing
In today's increasingly competitive car market, in order to attract consumers' attention, car manufacturers continuously work on their products, from design to intelligence, from space to power, from handling to comfort... equipping their products to
Automobile Commune -
Why Don't China's Auto Workers Have Money?
Happiness is like a butterfly; the more you chase it, the farther it flies. Before he had a chance to verify whether this sentence was actually from Nathaniel Hawthorne, 26-year-old Fang Qi (a pseudonym) let out a deep sigh. He was pondering whether
Automobile Commune -
UBTECH Secures 250 Million Yuan Humanoid Robot Order
On September 3, UBTECH announced that it had secured a 250 million RMB procurement contract for embodied intelligent humanoid robot products and solutions from a well-known domestic enterprise. The contract mainly involves the humanoid robot Walker S
Gasgoo -
Wang Xiaofei and Yang Dayong Change Positions! Longan Launches Major Reform to Strengthen Domestic Brands Without Abandoning Joint Ventures
In extraordinary times, every automotive group is facing extremely complex structural adjustments. Past models are no longer applicable to the present, and current models need frequent verification. Therefore, rounds of personnel changes are inevitab
12-cylinder car -
Automakers Adopt New Identities
Against the backdrop of the deepening implementation of the "dual carbon" strategy, new energy logistics vehicles have not only become powerful tools for logistics enterprises to reduce costs and increase efficiency, but have also emerged as a core f
Electric Train Resources -
Larger Size, Positioned as Flagship: Suspected Li Auto i9 Spy Photos Released
Recently, a set of suspected spy photos of the Li Auto i9 have been exposed. As the flagship model of Li Auto, the overall body size and configuration of the Li Auto i9 will be enhanced. In terms of appearance, according to spy photos, the new car i
Cheyun.com
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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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