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Braskem And Lallemand Launch Renewable Bioacetone For The Plastics Industry
Braskem and Lallemand have launched a biobased acetone production platform for the corn ethanol industry, providing a direct substitute for fossil-based acetone used in the plastics sector. After five years of collaboration, the two parties developed
Plastmatch Global Digest -
Resin Price Report: Benzene Prices Soar, Market Conditions Shift
Throughout the summer, favorable signals in the resin market have continued to emerge. In July, buyers held the upper hand in nearly all major resin categories. However, with crude oil prices surging, spot benzene prices continuing to strengthen, and
Plastmatch Global Digest -
Plastic Bottle Recycling Volume Declines, but Overall Recycling Rate in the United States Rises
Two industry organizations said when releasing the latest industry data that although the overall volume of plastic recycling in the United States has increased, recycling volumes for different types of plastics have diverged. This reflects the survi
Plastmatch Global Digest -
Responding to capacity cycles! south korea approves restructuring projects for four major petrochemical firms, allocates $472 million support funds
Singapore (ICIS) — The South Korean government has approved a major petrochemical restructuring project in the southern city of Yeosu, involving Yeochun NCC (YNCC), Lotte Chemical, Hanwha Solutions, and DL Chemical. The government has pledged support
Plastmatch Global Digest -
Reliance Industries' Refining and Petrochemical Business Sees Rise in EBITDA Growth, Sales Increase Concurrently
Reliance Industries Ltd. reported that EBITDA for its oil-to-chemicals (O2C) business rose 17% year-on-year to 170.1 billion Indian rupees (about $1.7 billion) in the first fiscal quarter ended June 30. The company said the growth was mainly driven b
Plastmatch Global Digest -
Lotte Chemical Temporarily Lowers Product Prices For Small And Micro Enterprises
Lotte Chemical announced on Friday that to alleviate the cost pressure on small and medium-sized enterprise customers amid global supply chain disruptions, the company plans to temporarily reduce the supply prices of its core products. Lotte Chemical
Plastmatch Global Digest -
Focus on going global! kingfa sci. leads, huitong, preter, and kumho nire follow, china’s modified plastics frenziedly expanding worldwide
Image source: Kingfa Sci. & Tech. On June 24, Kingfa Sci. & Tech. said on an interactive platform that the company is accelerating its efforts to take both production capacity and technology overseas. It currently has production bases in the
Plastmatch -
Evonik Launches New Chemical Recycling Solution! Factory Closures Continue, Can Chemical Recycling Still Move Forward?
In recent years, chemical recycling (also known as advanced recycling) has become one of the most contentious topics in global plastic pollution governance. Proponents regard it as a key technological breakthrough for achieving a circular economy for
Plastmatch -
[Overseas Headlines] China National Chemical Engineering Signs Indonesia 300,000-Ton PP Project! Japan's Zeon Develops New Technology! LYB Shuts Down
International News Highlights: Raw Material News - LyondellBasell Announces Shutdown of PP Unit by Year-End Auto News - China Chemical: 300,000-ton polypropylene project in Indonesia successfully signed. Packaging Highlights: Living-Hinge Bottle Caps
Plastmatch -
China's hybrid technology is reverse "harvesting" the world
Ten years ago, we were still debating whether hybrid technology was merely a “transitional technology.” Ten years later, China’s hybrid systems have begun feeding back into the global market. At the 6th International Forum on Automotive Power Systems
Gasgoo -
ENGEL at Plast 2026 From advanced technologies to AI: innovation as added value
At Plast 2026, ENGEL presents innovation as a dialogue with industry: not only technologies, but an integrated ecosystem of solutions, digital assistants, AI-based systems and automation designed to deliver value, efficiency and quality across manufa
WINTEC -
Rising Competitive Anxiety: European Union Considers Strengthening Trade Measures Against China!
On June 3, Bloomberg reported that the European Union is preparing to warn businesses and the public that a trade conflict between China and the EU may erupt as Brussels considers new restrictive measures against China to rebalance their uneven econo
Gasgoo -
WINTEC at Interplas 2026: Integrated production solutions for efficiency in series production
At Interplas 2026, taking place from 02 to 04 June 2026 in Birmingham, UK, the ENGEL Group presents production solutions for cost-efficient and precise plastics processing. The focus is on applications from the field of technical moulding, all-electr
WINTEC -
Fuel Car Makers Sell Off Globally, Chinese Automakers Buy Up Old Production Capacity
According to a report on May 7th by Fast Technology, in recent years, the global automotive industry has been undergoing a restructuring of production capacity: several overseas traditional car manufacturers have continuously reduced inefficient fue
Kuai Technology -
New Hope for Plastic Pollution Control: Tokyo University of Science R&D of Heat-Resistant Enzyme Marks Breakthrough in PET Bio-Recycling
Plastic waste continues to pose a serious challenge to the environment, and a study by Tokyo University of Science (TUS) has brought hope for sustainable solutions. Researchers explored bioplastic recycling technology (biorecycling), which uses enzym
Plastmatch Global Digest -
Xaloy Acquires Italy’s Maxi Melt to Strengthen European Plastification Components Business
Polymer processing equipment manufacturer Xaloy acquired Maxi Melt. Maxi Melt is a company located in Casalborgone, Italy, specializing in supplying plasticizing components for extrusion and injection molding. Xaloy, headquartered in Austintown, Ohio
Plastmatch Global Digest -
High Oil Prices Prompt Americans to Reconsider Buying Electric Vehicles
According to the Financial Times, recent surges in gasoline prices have directly driven a significant increase in sales of used electric vehicles. Image source: AAA In Q1 2026, U.S. used electric vehicle (EV) sales rose 17% quarter-on-quarter and 12
Gasgoo -
Oil Prices Plunge Over 10% in a Week! Nylon Chain Splits Suddenly: PA66 Soars, PA6 Plunges into Losses
CNPett Info learned that the start of U.S.-Iran negotiations and the potential reopening of the Strait of Hormuz have triggered a drop in international oil prices by more than 10%, leading to a loosening of cost support in the chemical products marke
Plastmatch -
List of countries granted travel access released! iran implements five-tier fee system based on friendship levels—who pays the least? who pays the most?
Iran has effectively begun implementing a “fee-based escort” system for merchant ships transiting the Strait of Hormuz, establishing a five-tier classification mechanism based on the “friendliness” of the ships’ countries of origin. The ship
Trade Night Sailing -
Saudi Core Petrochemical Zone Hit! Trump Issues "Final Deadline" Threat to Iran! Over 5 Million Tons of Production Capacity Halted in April
According to Zhuan Su Vision, early on April 7, Iran's Fars News Agency cited unnamed sources reporting that an explosion occurred that day at the Jubail Industrial City in northeastern Saudi Arabia, which has U.S. capital involvement, following a "l
Plastmatch
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Raw Material Supply Shortage! INEOS Phenol Declares Force Majeure on Phenol and Acetone Businesses
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Lantiche Group To Shut Down Italian Adipic Acid Production Plant
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Resin Market Trends Diverge: Buyers' Bargaining Advantage Hit by Geopolitical Uncertainty
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AI Computing Power Demand Ignites Electronic Fabrics! China Jushi Hits Limit Up! Domestic Substitution Welcomes Golden Window
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Strait of Hormuz Blocked Again, Supply-Demand Mismatch in Polyolefin Market Set to Intensify!