On July 14, 2025, Jinpu Titanium Industry announced that it plans to acquire 100% of the equity of Nanjing Lide Oriental Rubber and Plastic Technology Co., Ltd. (hereinafter referred to as "Lide Oriental") through a major asset swap, issuance of shares, and cash payment, while also raising matching funds. This transaction marks Jinpu Titanium Industry's strategic exit from the titanium dioxide industry, with its main business changing to rubber products. Current Status and Challenges of Titanium Dioxide Business Since July 2013, Jinfeng Titanium Industry's main business has been the production and sales of titanium dioxide. As one of the earliest domestic producers of titanium dioxide using the sulfuric acid method, its "Nannan" brand trademark is well-known nationwide, and its products are widely used in coatings, plastic pipes and profiles, masterbatches, and papermaking, among other fields. However, in recent years, the industry has faced environmental pressure and overcapacity issues, coupled with weak demand in the titanium dioxide market, fluctuations in raw material prices, and high energy costs, leading to the company suffering losses for three consecutive years. In the first half of 2025, the company expects to achieve a net loss attributable to shareholders of the listed company of 160 million to 186 million yuan, a year-on-year decline of 700% to 830%. In 2024, the company's revenue was 2.133 billion yuan, a year-on-year decline of 5.86%; the net profit attributable to the parent company was a loss of 244 million yuan, a year-on-year decline of 39.81%. (Kinpo Titanium Industry 2025 Half-Year Performance Forecast) Attempts and Terminations in the New Energy Sector In response to the difficulties in its main business, Jinfeng Titanium Industry once attempted to enter the new energy sector. Relying on the production of iron(II) sulfate as a byproduct of titanium dioxide to prepare iron phosphate, forming a "titanium dioxide + lithium battery materials" dual-driven model. However, in April 2025, the company announced that, after comprehensive consideration of the financial status of its wholly-owned subsidiary Nanjing Titanium Dioxide and the suspended status of the iron phosphate project, it decided to terminate the plan to jointly invest in the establishment of the joint venture company Gansu Jinlin Lithium Battery New Materials Co., Ltd. with Lanzhou Jinchuan Science and Technology Park Co., Ltd. and Gansu Nickel Capital Industry Investment Fund Partnership, completely withdrawing from the 200,000 tons/year iron phosphate project. According to the announcement, Jinpu Titanium Industry plans to exchange part of the assets and all liabilities held by its subsidiaries Nanjing Titanium White, Xuzhou Titanium White, and Jinpu Supply Chain with the equivalent portion of the 91% equity stake in Lide Oriental held by Jinpu Dongyu. At the same time, the company intends to issue shares and pay cash to Jinpu Dongyu and Hengyutaihe to purchase 100% equity of Lide Dongfang held by them and the difference in the disposed assets. Lide Dongfang Business and Financial Overview Lide East has a registered capital of 200 million yuan and was founded in 2011. Its history can be traced back to the 415 Factory of the Logistics Department of the East China Military Region, established in 1949, and has undergone multiple reorganizations and name changes since then. The company is now an important research and production base for automotive brake hoses in China and is the designated supplier of hydraulic brake hose assemblies for national major celebration parades. Customer coverage: In the automotive field, the customers include domestic brand manufacturers such as FAW, Dongfeng, SAIC, GAC, BYD, Changan, Great Wall, Geely, Chery, Silis, Leap Motor, Jiangling, JAC, and Xiaopeng, as well as joint venture brand customers like Nissan, Honda, Toyota, General Motors, and Ford. Financial data: In the first three quarters of 2024, Lide Dongfang's revenue was 810 million yuan, and the net profit was 85.5257 million yuan. As of the end of the third quarter of 2024, Lide Dongfang's total assets amounted to 1.196 billion yuan, and net assets were 723 million yuan. Actual controller relationship and strategic significance: According to information from the Color Masterbatch Industry Network, the actual controller of Lid Oriental, Guo Yantong, is the second daughter of Guo Jindong, the actual controller of Jinpu Titanium Industry. After the completion of this transaction, Lide Dongfang will become a wholly-owned subsidiary of Jinpu Titanium Industry. The company's main business will change to the rubber products industry, with primary products including rubber hoses, seals, shock absorbers, and other rubber products. According to official data, in the first half of 2025, China's automobile production and sales both surpassed 15 million for the first time, reaching 15.621 million and 15.653 million units, respectively, with year-on-year growth of 12.5% and 11.4%.

Recently, the Jinan Ecological Environment Bureau announced the acceptance of the environmental impact report for the project of Shandong Feiste Biological Technology Co., Ltd. to produce 100,000 tons of superabsorbent resin and water-blocking agents annually. Superabsorbent polymers, as a key basic chemical material, are mainly used in the hygiene sector, special chemical additives, and related emerging applications, having a solid application foundation and continuous growth momentum in both global and Chinese markets. Currently, the core contradiction in the market lies in the coexistence of huge basic production capacity and insufficient supply of mid-to-high-end products. Under the strong drive of national green transformation policies and the explosive demand from strategic emerging industries such as new energy, the focus on the research and production projects of high-performance, specialized, and environmentally friendly superabsorbent polymers is ushering in an unprecedented strategic opportunity period. The project aims to seize three core opportunities: import substitution, industrial upgrading, and emerging demand, through technological innovation and precise positioning, to carve out a high-growth, high-value blue ocean in a fiercely competitive market, achieving economic and social value. Therefore, in order to seize market opportunities and further expand the market, the construction unit plans to invest 130 million yuan to build a project with an annual production capacity of 100,000 tons of superabsorbent resin and water-blocking agents. After the project is completed, it is expected to produce 100,000 tons of superabsorbent resin and water-blocking agents annually. Project Overview Project Name: Shandong Feiste Biotechnology Co., Ltd. Annual Production of 100,000 Tons of Superabsorbent Resin and Water-Blocking Agent Project Construction Unit: Shandong Feiste Biotechnology Co., Ltd. Construction nature: new construction Construction location: Chemical Additive Industrial Park, Kouzhen Street, Laiwu District, Jinan City, Shandong Province Construction scale: annual production of 100,000 tons of superabsorbent resin and water-blocking agent Project construction content: The total area of the project plant covers 96 acres, of which this project occupies about 30.2 acres (about 20,133 square meters). This project will build a production workshop for highly absorbent resin and water-blocking agent, a heat-conducting oil furnace room, a transformer substation, and two independent storage tank areas. Five production lines of corresponding equipment for highly absorbent resin will be purchased to achieve an annual output of 100,000 tons of highly absorbent resin and water-blocking agent products. Project Investment: This project plans to invest 130 million yuan, of which approximately 2 million yuan is for environmental protection. Company Profile Shandong Fist Biological Technology Co., Ltd. is located in the Chemical Additives Industrial Park of Koutown Street, Laiwu District, Jinan City, Shandong Province, west of Laicheng Avenue, south of Huitong West Road, and north of Gude West Road, covering an area of 64,153 m². The company was established on April 1, 2024, with a registered capital of 15 million yuan. The main business scope of the company includes: research and development of bio-chemical products technology; manufacturing of synthetic materials (excluding hazardous chemicals); sales of synthetic materials; technical services, technical development, technical consulting, technical exchange, technical transfer, and technical promotion. (Except for projects that are legally required to be approved, the company operates independently according to its business license.)

【International News Guide】    Raw Materials -Qore starts up $300M bio-based BDO plant Automotive - European Electric Vehicles: Caught in a Dilemma Medical -Ampacet ProVital+ Gamma-Protect preserves polypropylene-based medical plastics in sterilisation Packaging - Japan Officially Approves FDCA for Food Contact Materials Macro - EU Threatens: If No Deal, Ready to Impose Retaliatory Tariffs on €72 Billion of U.S. Goods Price - USD/CNY Central Parity at 7.1498, Down 7 Pips   International News Details   1. World's First! INEOS Launches Another 100% Bio-based MaterialINEOS Styrolution, a leading global manufacturer of styrenic products, recently announced the successful commercial application of its 100% bio-based polystyrene Styrolution PS 158K BC100. Since early 2025, through cooperation with well-known retail chains, food trays made from this bio-based material have officially entered the Japanese market. Styrolution PS 158K BC100 is made from 100% bio-based raw materials using ISCC-certified mass balance methodology. Compared with traditional fossil-based polystyrene, it can achieve a carbon emission reduction of up to 172%. The material fully complies with global food contact standards, including Japan's Food Sanitation Act, and has obtained Grade A certification from the Japan Chemicals Inspection and Testing Institute (JCII), ensuring strict food safety. In addition, it features excellent heat resistance and transparency, safeguarding food packaging quality while enhancing visual appeal. 2. European Electric Vehicles: Caught in a Dilemma The European Federation for Transport and Environment (T & E) recently released a research report entitled European Cars at a Crossroads, pointing out that European automobiles are at a critical juncture where the advancement or delay of the "combustion engine ban" proposal will lead to completely different impacts and trends for the entire industry. On one hand, European electric vehicles have obviously seen a chain reaction of declining sales. According to data from the European Automobile Manufacturers' Association (ACEA), EU electric vehicle sales fell by 5.9% in 2024, and this year they also face the threat of tariff hikes by the Trump administration. The long-term sluggish sales of pure electric vehicles have cast a shadow over the plan to "stop selling fuel-powered vehicles in the 27 EU countries by 2035".   On the other hand, if no remedial measures are taken and the EU abandons the goal of banning the sale of fuel-powered vehicles in the EU by 2035, the entire European automotive industry may lose 1 million jobs, most of the efforts for "zero emissions" will be wasted, and investment losses in new energy sectors such as batteries will reach two-thirds. 3. Ampacet ProVital+ Gamma-Protect preserves polypropylene-based medical plastics in sterilisation Ampacet, a global masterbatch leader,  has introduced ProVital+ Gamma-Protect, a medical-grade additive designed to preserve mechanical and optical properties of polypropylene-based medical and pharmaceutical articles during gamma and e-beam sterilisation processes. 4. Japan Officially Approves FDCA for Food Contact Materials Recently, Japan officially implemented the "Positive List" system for synthetic resins used in food contact, which explicitly lists FDCA (2,5-Furandicarboxylic Acid) as an approved monomer. This transformative policy marks the legalization of PEF (Polyethylene Furanoate) — a plant-based plastic based on FDCA — in Japan's food contact field, taking a key step in promoting the expansion of global sustainable packaging materials in the Asian market. 5. EU Threatens: If No Deal, Ready to Impose Retaliatory Tariffs on €72 Billion of U.S. Goods After U.S. President Trump unexpectedly threatened to impose 30% tariffs on the EU, the EU threatened on Monday to impose additional retaliatory tariffs on tens of billions of dollars of U.S. goods. According to Xinhua News Agency, European Commission Vice-President for Trade and Economic Security Valdis Dombrovskis stated on the 14th that if U.S.-EU trade negotiations fail, the EU is ready to impose additional retaliatory tariffs on U.S. imports worth €72 billion (approximately $84 billion). 6. Trelleborg expands manufacturing facility in Malta supporting biopharma and semiconductor applications Trelleborg  Group AB (Trelleborg, Sweden) has inaugurated its cutting-edge facility expansion in Malta. The major investment in cleanrooms & equipment represents a significant milestone in supporting the fast-evolving life sciences and semiconductor manufacturing industries. 7. W.R. Grace and local community continue fight over plastic recycling facility After a two-year-long fight between the Howard County-based chemical company, W.R. Grace, and Howard County community members, Grace was approved to begin building its plastic recycling pilot project in Columbia, Maryland. Their permit was awarded by the Maryland Department of the Environment (MDE) on June 20.  8. Qore starts up $300M bio-based BDO plant Bio-based 1,4-butanediol (BDO) manufacturer Qore (Eddyville, Iowa) announced July 11 that it has commenced production at its first large-scale production plant. The $300 million Eddyville plant has the capacity to produce 66,000 metric tons of BDO annually from locally grown dent corn.   Overseas Macro Updates： Jensen Huang: Will Start Selling H20 Chips in Chinese Market Jensen Huang, founder and CEO of U.S. company NVIDIA, announced two important developments in an interview today: the U.S. has approved the sale of H20 chips to China; NVIDIA will launch RTXpro GPU. India Initiates Anti-Dumping Investigation into LLDPE from Six Countries Including Kuwait On June 30, 2025, India's Ministry of Commerce and Industry issued a notice stating that in response to an application submitted by the Chemicals and Petrochemicals Association of India, it will initiate an anti-dumping investigation into Linear Low-Density Polyethylene (LLDPE) originating from or imported from Kuwait, Malaysia, Oman, Qatar, Saudi Arabia and the UAE. The Indian customs codes for the 涉案 products are 39011010 and 39014010. India Initiates Anti-Dumping Investigation into Indonesian Multi-layer Paperboard According to China Trade Remedy Information Network, on June 30, 2025, India's Ministry of Commerce and Industry issued a notice stating that in response to an application submitted by The Indian Paper Manufacturer Association, it will initiate an anti-dumping investigation into Virgin Multi-layer Paperboard originating from or imported from Indonesia. Vietnam Launches Anti-Dumping Sunset Review Investigation into Malaysian H-beam Steel Products On July 8, 2025, Vietnam's Ministry of Industry and Trade issued Notice No. 1978/QD-BCT, launching the first anti-dumping sunset review investigation into H-beam steel products (Vietnamese: sản phẩm thép hình chữ H) originating from Malaysia. Russian Media: EU Reportedly "Has Begun Informal Discussions on the 19th Round of Sanctions Against Russia" Russia's TASS news agency quoted Izvestia on the 15th that Thomas Zdechovsky, a Member of the European Parliament from the Czech Republic, revealed that the EU has begun informal discussions on the 19th round of sanctions against Russia. Zdechovsky said, "Discussions on the 19th round of sanctions (against Russia) are already underway, although they are still in the initial and informal stage. The main problem is sanction fatigue — not at the political level, but at the technical level. After 18 rounds of sanctions, most obvious targets have been subject to restrictions. Now the focus is on tightening control measures, expanding the scope of secondary restrictions, and clarifying import and export control regulations". EU: U.S.-EU Positions "Have a Large Gap" in Some Areas; 30% Tariffs Confuse U.S. Negotiators EU Trade Commissioner Valdis Dombrovskis stated that although the two sides are quite close on the principle text, there are still huge differences in some key areas; if tariffs reach 30% or higher, it will make transatlantic trade "almost impossible" as before.   Price Information：   USD/CNY Central Parity   7.1498, down 7 pips; previous trading day’s central parity 7.1491, previous trading day’s official closing price 7.1693, overnight closing price 7.1723. Upstream Raw Materials USD Market Prices Ethylene Asia: CFR Northeast Asia $820/tonne; CFR Southeast Asia $830/tonne. Propylene Northeast Asia: FOB Korea average price $740/tonne; CFR China average price $775/tonne. North Asia frozen cargo CIF price: propane $536-538/tonne; butane $506-508/tonne. South China frozen cargo for first half of August CIF price: propane $566-576/tonne; butane $537-545/tonne. Taiwan region frozen cargo CIF price: propane $536-538/tonne; butane $506-508/tonne. LLDPE USD Market Prices Film: $875-910/tonne (CFR Huangpu); Injection molding: $950/tonne (CFR Dongguan). HDPE USD Market Prices Film: $920/tonne (CFR Huangpu); Hollow: $855-860/tonne (CFR Huangpu). LDPE USD Market Prices Film: $1,070-1,110/tonne (CFR Huangpu); Coating: $1,350/tonne (CFR Huangpu). PP USD Market Prices Homopolymer: $935-965/tonne (CFR Huangpu); Copolymer: $965-995/tonne (CFR Huangpu); Film material: $1,000/tonne (CFR Huangpu); Transparent: $1,085/tonne (CFR Huangpu); Pipe material: $1,160/tonne (CFR Shanghai).

Ampacet, a global masterbatch leader,  has introduced ProVital+ Gamma-Protect, a medical-grade additive designed to preserve mechanical and optical properties of polypropylene-based medical and pharmaceutical articles during gamma and e-beam sterilisation processes. PHOTO: Ampacet Gamma and e-beam sterilisation techniques are commonly used by the medical industry to eliminate microorganisms such as bacteria, viruses and spores from medical devices, in-vitro diagnostic equipment and packaging systems. However, gamma and e-beam sterilisation methods are known to alter the optical and mechanical properties of the polymers, including elongation, tensile and impact strength. Ampacet ProVital+ Gamma-Protect is an efficient medical grade additive solution that stabilises polypropylene during gamma or e-beam sterilisation processes and helps to preserve mechanical and optical properties and prevent degradation of the polymer. Applications include medical devices, in-vitro diagnostic equipment and pharmaceutical packaging systems. Ampacet ProVital+ Gamma-Protect has also been successfully pre-evaluated for biocompatibility according to ISO 10993 part 5, 10 and 23 (cytotoxicity, sensitisation and irritation) at a letdown ratio of 5%. Ampacet ProVital+ Gamma-Protect provides full consistency of formulation with a no-change policy for raw materials at CAS and commercial levels, with manufacturing under consistent process parameters and cleanroom production to minimise cross contamination risks.

International News Digest: Raw Materials - Röhm Shutters Louisiana Plant, Texas Mega-facility Launches Automotive - $7,500 Tax Credit Expiring! EV Makers Urge U.S. Consumers to "Buy Now" Additives -Sanyo Chemical Industries introduces additive to reduce wear and seizure in EV drive units Packaging -Veolia announces £70m plastics recycling facility in Shropshire Macro - Trump Announces 50% Tariff on Copper, Effective August 1 Price - USD/CNY Central Parity at 7.1510, Up 31 Pips International News Details 1. Röhm Officially Closes Louisiana MMA Plant, Launches Another World-Class Facility   Röhm has confirmed the official closure of its methyl methacrylate (MMA) production facility in Westwego, Louisiana. The site marks the end of an era as production shifts to the newly operational world-class plant in Bay City, Texas. The Westwego plant was shut down as scheduled at the end of June, fully aligned with the strategic transformation plan announced two years ago. The closure coincides with the successful launch of Röhm’s new flagship MMA production facility in Texas. The Bay City plant represents a major technological advancement for the company, using Röhm’s proprietary LiMA technology with an annual MMA capacity of 250,000 tonnes. MMA is a key raw material used in various plastics and polymer applications. 2. Africa’s First Battery Recycling Hub Established, Hinckley Leads Resource Recycling in Nigeria Hinckley E-Waste Recycling Company recently secured a new round of strategic investment, co-funded by Goodwell Investments and Alitheia Capital through the uMunthu II Impact Fund. The funds will be used to build Nigeria’s first specialized lithium-ion and lead-acid battery recycling plant in Ogun State. Designed to process 30,000 tonnes of e-waste annually, the project will simultaneously expand export operations, helping the company consolidate its position as a benchmark in Africa’s sustainable recycling sector. This financing marks Goodwell’s first foray into waste management, reflecting growing international confidence in African green infrastructure. Facing the dual challenges of surging global e-waste and Africa’s underdeveloped recycling systems, Hinckley is breaking new ground with a "dual-drive model" of environmental governance and industrial upgrading. 3.$7,500 Tax Credit Expiring! EV Makers Urge U.S. Consumers to "Buy Now " Automakers are urging U.S. consumers to rush to purchase electric vehicles before the $7,500 tax credit expires. Tesla’s homepage displayed a banner on Tuesday: "The $7,500 tax credit is ending. Take delivery by September 30, 2025." On the same day, Ford extended free home charging stations and installation services until the end of September to attract EV buyers. The comprehensive tax and budget bill in the "One Big Beautiful Bill Act" will eliminate the $7,500 tax credit for purchasing or leasing new EVs and the $4,000 credit for used EVs by the end of September. The U.S. Congress approved the $7,500 tax credit for EVs and plug-in hybrids in 2008. The 2022 Inflation Reduction Act under the Biden administration extended the credit while restricting it to EVs produced in the U.S. with batteries and related materials meeting certain domestic sourcing ratios. 4. Sanyo Chemical Launches Additive to Reduce Wear and Galling in EV Drive Units Sanyo Chemical has developed a new anti-wear polymer additive, ACLUBE NS-100, specifically designed for E-Axle drive units in electric vehicles (EVs). The additive addresses challenges associated with the trend toward low-viscosity lubricants (E-fluids) in EVs, such as thinner oil films and risks of wear and galling. ACLUBE NS-100 exhibits excellent anti-wear and anti-galling properties. Additionally, it offers multiple characteristics required for E-fluids, including copper corrosion resistance, electrical insulation, and oxidation stability. These features help enhance the durability of E-Axle units and contribute to improved EV range and energy efficiency. 5. £70 Million Investment, 80,000 Tonnes Annual Plastic Processing! Veolia to Build Plastic Recycling Plant in UK Veolia has confirmed a £70 million investment to convert a disused industrial facility at Battlefield, near Shrewsbury, into a high-capacity plastic sorting and recycling plant. The facility, set to process 80,000 tonnes of plastic annually, will create over 130 permanent jobs in addition to those required during construction. Operations are scheduled to begin in early 2026. The announcement coincided with French President Emmanuel Macron’s state visit to the UK and marks Veolia’s largest plastics recycling investment in the country to date. The development will include the UK’s first dedicated "tray-to-tray" closed-loop PET recycling facility, processing post-consumer PET1 trays and bottles into food-grade flake for new packaging, primarily supplying the UK grocery and food manufacturing sectors. 6. RTI and Kinova Partner to Accelerate Development of Next-Generation Medical Robotics Systems Real-Time Innovations (RTI), a software framework company focusing on physical artificial intelligence systems, has announced a partnership with Kinova, a global leader in professional and medical robotics. The collaboration aims to seamlessly integrate advanced robotics technology with data center-style connectivity, simplifying and accelerating product lifecycles, reducing project risks, and "redefining possibilities" in the new era of physical AI for advanced systems like surgical robots. 7.OMV and ADNOC’s $13.4 Billion Acquisition of Nova Cleared by EU The European Commission has approved the acquisition of Nova Chemicals by Borouge Group International, a proposed joint venture between petrochemical giants OMV and ADNOC. The Abu Dhabi National Oil Company and the Austrian firm announced the $13.4 billion deal in March 2025. With this acquisition, Borouge Group International will rank among the world’s top four polyolefin producers. 8.Trump’s Second Wave of "Tariff Letters" Targets 8 Countries, Brazil Faces 50% Rate Following 14 "tariff notification letters" issued on Monday, Trump’s second wave of tariff letters arrived on Wednesday, covering 8 countries. U.S. President Trump posted letters to Brunei, Algeria, Moldova, Iraq, the Philippines, and Libya on his social media platform Truth Social. Trump stated that the U.S. will impose a 25% tariff on products from Brunei and Moldova, 30% on Algeria, Iraq, and Libya, and 20% on the Philippines, effective August 1. Shortly after, Trump released a letter to Sri Lanka, announcing a 30% tariff on all Sri Lankan products starting August 1, 2025. Additionally, Trump posted a letter to Brazil on Truth Social, stating that the U.S. will impose a 50% tariff on all Brazilian products from August 1, 2025—far exceeding the 10% reciprocal tariff rate for Brazil announced by Trump on April 2.   Overseas macro market information: Trump Announces 50% Tariff on Copper, Effective August 1 U.S. President Trump posted on social media: "After receiving a strong national security assessment, I am announcing a 50% tariff on copper, effective August 1, 2025." Facing 50% Tariff Amid Trade Deficit, Lula Vows Retaliation; Brazilian Assets Plummet Brazil, which runs a trade deficit with the U.S., is not spared from tariffs. Trump linked the tariff decision to Brazil’s judicial trial of former President Bolsonaro, clearly political. Lula responded that Brazil will not be "instructed" by anyone and warned of retaliation under Brazil’s economic reciprocity law against any unilateral tariff hikes. Copper Traders Divert to Hawaii, Puerto Rico to Avoid Trump’s 50% Tariff Reports indicate that copper traders are urgently adjusting shipping routes, diverting copper cargoes to Hawaii and Puerto Rico to avoid the 50% tariff on copper imports imposed by the Trump administration starting August 1. Originally taking over a month, the emergency rerouting allows delivery in just 10 days. As a typically speculative commodity, copper can gain a 25% premium during this period, impacting New York copper futures prices with a range comparable to global benchmarks. Peru Issues Preliminary Anti-Dumping Ruling on Chinese Wire Rods According to the Ministry of Commerce, on July 8, 2025, Peru’s National Institute for the Defense of Competition and Protection of Intellectual Property (INDECOPI) published Announcement No. 092-2025/CDB-INDECOPI in the official gazette El Peruano, issuing a preliminary anti-dumping ruling on Chinese-origin wire rods (Spanish: alambrón de acero sin aleación, de bajo y alto carbono, de sección y superficie lisa, y con un diámetro que varía entre 5.5 mm y 16 mm). A provisional anti-dumping duty of $64.6/tonne is imposed, effective the day after the announcement. Colombia Issues Final Anti-Dumping Sunset Review Ruling on Chinese Steel Strand According to the Ministry of Commerce, on July 3, 2025, Colombia’s Ministry of Trade, Industry, and Tourism published Announcement No. 166 in the official gazette, issuing a final anti-dumping sunset review ruling on Chinese-origin steel strand (Spanish: cables de acero, torón galvanizado y torón para concreto preesforzado). A minimum FOB price of $3.36/kg is maintained; for products declared below this price, a differential anti-dumping duty will be imposed. The Colombian tariff code for the products is 7312.10.90.00. The measure takes effect the day after the announcement, with a five-year validity.   Price information: USD/CNY Central Parity   7.1510, up 31 pips; previous trading day’s central parity 7.1541, previous trading day’s official closing price 7.1824, overnight closing price 7.1815.   Raw Materials USD Market Prices Ethylene Asia: CFR Northeast Asia $820/tonne; CFR Southeast Asia $830/tonne. Propylene Northeast Asia: FOB Korea average price $740/tonne; CFR China average price $775/tonne, down $10/tonne. North Asia frozen cargo CIF price: propane $542-544/tonne; butane $512-514/tonne. South China frozen cargo for first half of August CIF price: propane $568-575/tonne; butane $538-545/tonne. Taiwan region frozen cargo CIF price: propane $542-544/tonne; butane $512-514/tonne. LLDPE USD Market Prices Film: $875-910/tonne (CFR Huangpu); Injection molding: $950/tonne (CFR Dongguan). HDPE USD Market Prices Film: $920/tonne (CFR Huangpu); Hollow: $855-860/tonne (CFR Huangpu). LDPE USD Market Prices Film: $1,070-1,110/tonne (CFR Huangpu), down $10/tonne; Coating: $1,350/tonne (CFR Huangpu). PP USD Market Prices Homopolymer: $935-980/tonne (CFR Huangpu); Copolymer: $965-995/tonne (CFR Huangpu); Film material: $1,000/tonne (CFR Huangpu); Transparent: $1,085/tonne (CFR Huangpu); Pipe material: $1,160/tonne (CFR Shanghai).

International News Digest: Raw Material News: Europe’s Chemicals Sector Suffers Another SetbackAutomotive News: BYD's "Shenzhen" Departs for Europe, Carrying Over 6,800 New Energy VehiclesAdditives News: Clariant ShiftMax™ 100 RE Reverse Water-Gas Shift Catalyst Empowers INERATEC's Pioneering E-Fuel PlantAerospace News: Arkema and Hexcel Achieve Breakthrough in Aerospace Thermoplastic Composite TechnologyMacro News: ING: India Could Be the Next Country to Reach a Trade Deal With the USPrice Information: Central Parity Rate of RMB Against USD Reported at 7.1541, Down 7 Pips   The following are details of international news: 1.Europe’s Chemicals Sector Suffers Another SetbackVynova Announced Today That It Will Cease PVC Production at Its Site in Beek, Netherlands, by November 2025. It’s the Second Shutdown of Europe-Based Chemicals Production Plants Announced in as Many Days: Dow Said Yesterday It Will Close Two Plants in Germany and One in the UK. Challenging Market Dynamics Are Cited as the Reason for These Closures. 2. US EVA Exports Plummeted by 14%! According to the Data of the United States International Trade Commission, the Export Volume of EVA in the US Fell by 14% to 46,000 Tons in the First Quarter of 2025, the Import Volume Fell by 17%, and the Price Fell by 5.6% (the Spot Price of Medium-Grade EVA in Houston Port Fell to USD 1175/ton). Traders Bluntly Said, 'No Goods to Asia', the Focus of Exports Was Forced to Turn to Latin America, Africa and Europe-Middle East-Africa (EMEA) Markets. 3. Clariant ShiftMax™ 100 RE Reverse Water-Gas Shift Catalyst Empowers INERATEC's Pioneering E-Fuel PlantClariant Announced Today That Its ShiftMax 100 RE Catalyst Powers INERATEC's Advanced Power-to-Liquids Fuel Plant "ERA ONE" Located in the Frankfurt-Höchst Industrial Park in Germany. The Facility Was Officially Put Into Operation on June 3, With an Annual Carbon Dioxide Processing Capacity of Approximately 8,000 Tons, Which Can Be Converted to Produce Up to 2,500 Tons of Synthetic Fuels and Wax Products. This Production Scale Makes It One of the World's Largest Operating "Power-to-Liquids" Projects and Establishes the Key Position of the Two Companies in the Field of Sustainable Fuel Technology Innovation. 4.Avantium Signs Bio-Based FDCA Offtake Agreement With PLIXXENT for Use in Insulating Polyurethane Foam Production Avantium, a Leading Renewable and Circular Polymer Materials Company, and PLIXXENT, a Leading Polyurethane Systems Company, Have Signed a Conditional Five-Year Offtake Agreement. Under the Agreement, PLIXXENT Will Purchase FDCA (2,5-Furandicarboxylic Acid) Produced by Avantium's Flagship Plant for the Production of Insulating Polyurethane Foam. PLIXXENT's Evaluation Confirmed That FDCA Performs Excellently in Polyester Polyols and Their Derived Insulating Polyurethane Foams. Compared With Traditional Petrochemical-Based Polyurethane Foams, FDCA-Based Polyurethane Foams Have Significant Environmental Advantages, Meeting the Growing Market Demand for Environmentally Friendly Building Materials. In Addition, They Exhibit Excellent Performance in Key Thermal Insulation Indicators Such as Thermal Conductivity and Flame Retardancy, While Also Providing Excellent Mechanical Strength and Dimensional Stability to Ensure the Long-Term Integrity and Effectiveness of the Foam Structure. 5. Joint Technical Paper to Help Companies With New REACH Labelling Requirement A Group of European Plastics Trade Bodies Have Published Guidance for Businesses in the Run-Up to a New Labelling Regime, Due to Come Into Effect in October This Year, Spelling Out How to Reveal the Level of Microplastics in Certain Products. The Organisations Said the Document Is Designed to Support Polymer Producers, Compounders, Masterbatchers, and Converters as They Prepare for New Labelling Obligations, Which Are to Come Into Effect on 17 October 2025. 6. Arkema and Hexcel Achieve Breakthrough in Aerospace Thermoplastic Composite Technology Recently, Hexcel Showcased New Carbon Fiber-Reinforced PEKK Composite Components Developed in Collaboration With Arkema, Revealing the Breakthrough Progress of Both Parties in the Field of Thermoplastic Composites. The Helues Project, Funded by the German Aerospace Center and Supported by the Bavarian State Ministry of Economic Affairs, Brings Together Partners Such as Airbus Helicopters Germany GmbH, Neue Materialien Bayreuth GmbH, Christian Karl Siebenwurst GmbH & Co. KG, and Incoe Corporation. It Has Pioneered a New Manufacturing Process for High-Temperature Thermoplastic Composites Worldwide, With the Core Technology Being One-Step Molding and Injection Overmolding. The Technology Uses HexPly® Carbon Fiber-Reinforced Kepstan® PEKK Unidirectional Tapes and Kepstan™ PEKK Injection Compounds as Raw Materials, Enabling the Production of a Complex Structural Part With Reinforcing Ribs and Functional Components in as Little as 2 Minutes. 7. BYD's "Shenzhen" Departs for Europe, Carrying Over 6,800 New Energy Vehicles Caixin News Agency Reported on July 9 That the World's Second-Largest Car Carrier — BYD's "Shenzhen" Ro-Ro Ship, Loaded With Over 6,800 BYD New Energy Vehicles, Departed From Shenzhen Xiaomo International Logistics Port for Europe, Scheduled to Call at the Port of Zeebrugge in Belgium. Overseas macro market information: ING: India Could Be the Next Country to Reach a Trade Deal With the US Deepali Bhargava, Head of Asia-Pacific Research at ING, Said That India Will Be the Next Country to Reach a Trade Deal With the US. Trump Recently Stated That the US Is Almost Reaching a Deal With India. Bhargava Said That India Is One of the First Countries to Start Trade Negotiations With the US. India Has Recently Offered Tariff Concessions in Politically and Economically Sensitive Industries Including Agriculture and Dairy Products. If India Makes Some Concessions on Agricultural Product Imports, the Two Countries May Reach an Agreement Soon. IDC: Global PC Shipments Grew 6.5% Year-on-Year in Q2 According to the Latest Preliminary Results of the Global Personal Computing Device Quarterly Tracking Data From the International Data Corporation (IDC), Global PC Shipments Grew 6.5% Year-on-Year in the Second Quarter of 2025, Reaching 68.4 Million Units. Import Tariff Policies Have Begun to Show Effects, and While Demand Remains Strong in Other Regions, Growth in the US PC Market Has Slowed. EU Negotiators Are Close to Reaching a Trade Deal With Trump According to the Financial Times, EU Negotiators Are Close to Reaching a Trade Deal With Trump, Which Will Confirm That the EU Faces Higher Tariffs Than the UK. US to Impose 25% Tariffs on Japan, Ishiba Shigeru Makes Tough Statement: Never Compromise Regarding the US Plan to Impose 25% Tariffs on Japan, Japanese Prime Minister Ishiba Shigeru Said That Japan Will Unite Domestically to Safeguard National Interests and Will Not Compromise on Issues That Cannot Be Compromised, and Will Never Sacrifice Japan's Agriculture. Price information: Central Parity Rate of RMB Against USD: The Central Parity Rate of RMB Against USD Was Reported at 7.1541, Down 7 Pips; the Central Parity Rate of the Previous Trading Day Was 7.1534, the Official Closing Price of the Previous Trading Day Was 7.1732, and the Night Session Closing Price Was 7.1780. Raw Material USD Market Prices: Ethylene Asia: CFR Northeast Asia $820/ton; CFR Southeast Asia $830/ton.Propylene Northeast Asia: FOB Korea Average $740/ton; CFR China Average $785/ton.North Asia Frozen Cargo CIF, Propane $534-536/ton; Butane $504-506/ton.South China Frozen Cargo CIF for Early August, Propane $563-570/ton; Butane $533-540/ton.Taiwan Region Frozen Cargo CIF, Propane $534-536/ton; Butane $504-506/ton. LLDPE USD Market Prices: Film: $875-910/ton (CFR Huangpu), Down $20/ton;Injection Molding: $950/ton (CFR Dongguan). HDPE USD Market Prices: Film: $920/ton (CFR Huangpu);Blow Molding: $855-860/ton (CFR Huangpu).LDPE USD Market Prices:Film: $1,080-1,110/ton (CFR Huangpu);Coating: $1,350/ton (CFR Huangpu). PP USD Market Prices: Homopolymer: $935-980/ton (CFR Huangpu);Copolymer: $965-995/ton (CFR Huangpu);Film Grade: $1,000/ton (CFR Huangpu);Transparent Grade: $1,085/ton (CFR Huangpu);Pipe Grade: $1,160/ton (CFR Shanghai).  

International News Digest: Raw Material News: Grannex: Expansion of Mechanical Recycling Capacity in Germany​ Recycling News: PET/PEF Multi-Layer Bottle Awarded RecyClass Certification​ Automotive News: South Korea's Electric Vehicle Market Turning to Growth​ Macro News: U.S. Government Re-Allows Supply of Jet Engines to China​ Price Information: The Central Parity Rate of RMB Against USD Is 7.1535, Down 12 Points   Details of Global News: 1.Amcor Increases PCR Production to Meet Rising Demand Brands want more recycled plastic content in their packaging, and Amcor's latest investment can help them meet their sustainability and regulatory targets. The company announced an investment in its Nicholasville, KY, facility to increase post-consumer recycled (PCR) packaging production capabilities at precise levels of up to 100% recycled content. 2. GRANNEX：Expansion of Mechanical Recycling Capacity in Germany Mechanical recycler Grannex has invested around EUR 20 mn in expanding its recycling capacity at its Osnabrück site. After testing its proprietary recycling process at a pilot plant, Grannex has now scaled up the technology, the company said. At the beginning of 2025, the first full-scale facility based on this process was completed and has recently entered regular operation with a capacity of 16,000 t/y. Tosaf Launches Antifog Solution for High-Performance Packaging Applications Tosaf launches FogFree™ portfolio, delivering integrated antifog masterbatch solutions for extremely challenging polymers. These antifog compounds prevent droplet formation by modifying surface tension and encouraging a uniform water layer. 4. South Korea's Electric Vehicle Market Turns to Growth, and more Than 10 Electric Vehicles to Be Launched in The Second Half of The Year More than 10 electric vehicles will be launched by domestic and foreign automakers in South Korea in the second half of this year. In the past, the electric vehicle lineup was dominated by sport utility vehicles (SUVs), but in the second half of this year, new models will include electric sedans, hydrogen energy electric vehicles, high-performance vehicles, and personalized custom models (PBV), which is expected to expand the demand group. 5. Solvay Joint Venture Invests in Production Facilities in Chile Peróxidos do Brasil, a joint venture between Solvay and Produtos Químicos Makay (PQM), announced a new strategic investment in its Chilean production unit, reaffirming its commitment to providing excellent supply to customers in various South American markets. The $12 million (10.2 million euros) investment will be used to install a new production unit, enabling the division to expand its product portfolio and better serve all segments of the Andean market. This strategic move strengthens Peróxidos' commitment to sustainability by supporting the gradual reduction of carbon dioxide emissions in its manufacturing processes. Construction will start in the second half of this year after obtaining all permits, with completion planned for 2026. 6. Italian packaging machinery: 2024 turnover exceeds 10 billion euros for the first time Italy's automatic packaging and cartoning machinery industry hit a record high in 2024, with turnover exceeding 10 billion euros for the first time, reaching 10.06 billion euros, a 9% increase from the previous year. These figures were released at the annual general meeting of the Italian Packaging Machinery Manufacturers Association (Ucima), based on the 13th national statistical survey conducted by the Mecs Research Center. The study covers 619 companies in the industry, which employed 40,503 people in 2024 (a 6% increase from 2023) and added 2,284 new jobs. 7. Japan Enforces New Rules for Food-Contact Plastics New rules for plastic foodcontact materials have applied in Japan since June 1, 2025.Japan introduced a Positive List system regulating synthetic resins used in food-contact utensils, containers, and packaging in June 2020 under its Food Sanitation Act. The legislation allowed for a 5-year transition period which has now expired. 8. PET/PEF Multi-Layer Bottle Awarded RecyClass Certification Avantium N.V., a leading company in the field of renewable polymer materials, announced that its PET/PEF multi-layer bottle is fully compatible with the PET recycling system. The European plastic circular economy organization RecyClass evaluated the bottle and officially awarded this certification. Avantium's PEF material (branded as releaf®) can be used in plant-based single-layer bottles and also has significant advantages when compounded with PET to make multi-layer bottles — as a barrier material, PEF can extend product shelf life more effectively than single-layer PET. 9. BYD Suspends Construction Plan of Mexican Automobile Plant Due to geopolitical tensions and uncertainties brought about by U.S. President Donald Trump's trade policies, BYD Co., Ltd., China's largest electric vehicle manufacturer, has shelved its plan to build a large-scale factory in Mexico.​ In an interview in Bahia, Brazil, Li Ke, executive vice president of BYD, stated that the company still has interest in expanding in the Americas but has no timetable for new investments. It is reported that BYD is opening its first factory outside Asia in Bahia, Brazil.​ "Geopolitical issues have a significant impact on the automotive industry," said Li Ke. "Now everyone is re-evaluating their strategies in other countries. We hope to make a decision after the situation becomes clearer."​   Overseas macro market information: Japanese Prime Minister Shigeru Ishiba Says Japan-U.S. Trade Negotiations Are Progressing Steadily Japanese Prime Minister Shigeru Ishiba refuted claims that Japan-U.S. trade negotiations have made little progress. In a televised interview on Thursday, he said: "Negotiations are progressing steadily, there is no doubt about it. The negotiations cover a wide range of areas such as non-tariff barriers, but progress is being made step by step on each issue." However, he did not suggest that an agreement would be reached soon before the July 9 deadline.  U.S. Government Re-Allows Supply of Jet Engines to China On July 3rd local time, Reuters quoted informed sources as saying that the U.S. government has notified General Electric Aerospace that it can resume supplying jet engines to Commercial Aircraft Corporation of China, Ltd. This further indicates that Sino-U.S. trade tensions are easing. Another source quoted by the report said that at least one other aerospace company's export license restrictions to China were also lifted on the same day, but the source declined to name the company. Just the day before, the U.S. government lifted export restrictions on Chinese chip design software and also revoked a restrictive licensing requirement implemented a few weeks ago, paving the way for the resumption of ethane exports to China. Cadence: Resuming EDA Software and Technology for Chinese Customers Cadence's latest announcement shows that on July 2, 2025, the U.S. Department of Commerce's Bureau of Industry and Security (BIS) notified the company that the license requirement for exports to China under the BIS regulations of May 23 was immediately revoked. Cadence is restoring access to EDA software and technology for affected customers in accordance with these updated U.S. export regulations. No further information will be provided at this time. Hong Kong Dollar Hibor Rises Across the Board; Hong Kong Monetary Authority Stepped Up Intervention Earlier Hong Kong dollar interbank offered rates (Hibor) rose across the board as the Hong Kong Monetary Authority bought Hong Kong dollars overnight to defend the linked exchange rate system. The 1-month Hibor rose 15 basis points to 0.86%; the overnight Hibor rose 1 basis point to 0.03%. Both hit a nearly one-week high. The 3-month Hibor rose 8 basis points to 1.78%, the highest level since May 21. Goldman Sachs Lowers U.S. Treasury Yield Forecast, Expects 10-Year Yield to Be 4.20% by the End of the Year Goldman Sachs Group lowered its forecast for U.S. Treasury yields, citing an increased possibility that the Federal Reserve will cut interest rates earlier than expected. They expect the 2-year and 10-year U.S. Treasury yields to be 3.45% and 4.20% respectively by the end of the year, compared with previous forecasts of 3.85% and 4.50%.   Price Information: 【RMB against US Dollar Central Parity Rate】 The central parity rate of RMB against the US dollar is reported at 7.1535, down by 12 points; the central parity rate of the previous trading day was 7.1523, the official closing price of the previous trading day was 7.1611, and the night session closing price of the previous night was 7.1717. 【US Dollar Market Prices of Raw Materials】 Ethylene Asia: CFR Northeast Asia 850 USD/ton; CFR Southeast Asia 860 USD/ton. Propylene Northeast Asia: FOB South Korea average price 745 USD/ton; CFR China average price 795 USD/ton. North Asia frozen cargo CIF price, propane 522-524 USD/ton; butane 495-497 USD/ton. South China frozen cargo CIF price for early August, propane 556-566 USD/ton; butane 521-531 USD/ton. Taiwan region frozen cargo CIF price, propane 522-524 USD/ton; butane 495-497 USD/ton. 【LLDPE US Dollar Market Prices】 Film: 875-930 USD/ton (CFR Huangpu); Injection molding: 940 USD/ton (CFR Dongguan); 【HDPE US Dollar Market Prices】 Film: 910-930 USD/ton (CFR Huangpu); Blow molding: 860-870 USD/ton (CFR Huangpu); 【LDPE US Dollar Market Prices】 Film: 1080-1090 USD/ton (CFR Huangpu); Coating: 1350 USD/ton (CFR Huangpu) 【PP US Dollar Market Prices】 Homopolymer: 935-980 USD/ton (CFR Huangpu); Copolymer: 965-995 USD/ton (CFR Huangpu); Film material: 1000 USD/ton (CFR Huangpu); Transparent: 1085 USD/ton (CFR Huangpu); Pipe material: 1160 USD/ton (CFR Shanghai).  

US masterbatch and compounds specialist Americhem  has announced plans to consolidate its European activities under the Americhem brand as it moves to align operations across global quality and manufacturing standards. The company said its European activities will be aligned under the Americhem brand (Photo: Americhem) The majority family-owned company designs and manufactures custom colour masterbatches, functional additives, synthetic fibres, and TPEs at seven US locations, along with one each in China and India. In 2020, it added its first and as yet only European base, at Ribe, Denmark, with the acquisition of Danish masterbatch manufacturer Controlled Polymers .At Ribe, where Americhem has meanwhile expanded capacity, the company produces compounds for hearing aids, surgical tools, and drug delivery. To support its healthcare business, the site is certified according to ISO 13485.The Ohio firm noted that it also has replicated its clean compounding developed in North America and has plans for expansion in Asia.Key focus areas for Americhem in Europe additionally extend to manmade fibres and building products, where the US producer said that material durability, colour precision, and speed-to-market “matter most.” It also has local teams operating “fully within the company global systems.”The European streamlining is also designed to advance Americhem’s 2030 sustainability goals, the company said. The Danish plants run on 100% renewable electricity and on-site solar, while energy-efficient technologies such as ColdPound are claimed to reduce usage by up to 85% compared with traditional extrusion. PPC engagement sealed In February 2025, Americhem signed a definitive agreement with compatriot private equity investor Pritzker Private Capital (PPC) calling for the transfer of an undisclosed majority stake. On 13 March, Pritzker announced that the transaction had been completed.PPC said its investment and partnership will provide additional financial resources and expertise. The aim is for the business to accelerate growth, innovation, and expansion across Americhem’s end markets and sales offices located throughout North America, Europe, and Asia.The investor added that Americhem’s current leadership team, including CEO John Richard, will continue to guide the company. Founding family member Rick Juve will remain “a committed owner and steward” on the board of directors, it said.

International News Digest: Raw Materials News -Brenntag Specialties and ExxonMobil extend distribution agreement for White Oils in EMEA Packaging News - Balcan Innovations makes $200-million investment in Quebec, U.S.Auto News - Volvo May Initiate Large-scale Layoffs in China Medical News - TekniPlex Healthcare opens flagship barrier protection systems plant in Wisconsin Macro News - Israel Attacked Area Near Iran's Heavy Water Reactor Price Information - The central parity rate of the RMB against the US dollar was quoted at 7.1729, up 32 points. The following are the details of international news: 1.Brenntag Specialties and ExxonMobil extend distribution agreement for White Oils in EMEA Brenntag announced the extension of the distribution agreement with ExxonMobil on White Oils. After decades of cooperation in Germany, Austria, Switzerland, CEE and the Baltics, the agreement now also includes Iberia, the Netherlands and Israel. ExxonMobil's white oil products are manufactured in accordance with the European Good Manufacturing Practice (GMP) standards and processed in the clean room at Brenntag's Hamburg site. This ensures high product quality, competitive delivery cycles, and reliable supply security in the Europe, Middle East, and Africa (EMEA) region. 2. FEAD: Ambition must not be compromised FEAD welcomes the Council’s adoption of a General Approach on the proposed End-of-Life Vehicles Regulation (ELVR), but underlines several problematic clauses that need to be remedied during the Trilogue. While acknowledging the importance of progress in the legislative process, FEAD warns that diluting minimum recycled content targets and timelines undermines the Regulation’s ability to deliver true circularity in the automotive sector. 3. Balcan Innovations makes $200-million investment in Quebec, U.S. Saint-Léonard, Que.based film and flexible packaging maker Balcan Innovations has completed installation of their new Windmoller & Hoelscher (W&H) printing press in Terrebonne, Que., in what’s being described as the first in a series of major investments in new extrusion, printing, and bag-making machinery for their Wisconsin and Quebec-based facilities. 4. Volvo May Initiate Large-scale Layoffs in ChinaOn the morning of June 19th, GAC learned from multiple sources that Volvo has recently carried out large-scale layoffs across China, with a ratio as high as 50%, affecting multiple positions in engineering research and development and supply chain. The specific list is expected to be announced and all operations completed by the end of this month. GAC immediately sought verification from Volvo China's official channel. The relevant person in charge responded, "We haven't heard of it yet." However, perhaps this rumor is not groundless; it's just that the scale and scope of the layoffs may be different. It's worth noting that this rumor emerged only three weeks after Volvo globally announced the layoff of 3,000 employees. Looking back to May 26th, this Swedish automaker officially announced a global restructuring plan, involving 1,200 employees in Sweden and 1,800 positions in other regions around the world. 5.TekniPlex Healthcare opens flagship barrier protection systems plant in Wisconsin Healthcare product maker TekniPlex Healthcare has opened a new 200,000-square-foot facility in Madison, Wis., that will serve as the flagship location for the company’s Barrier Protection Systems business. First announced in June 2023, the site will strengthen Tekni-Plex’s ability to support medical device and pharmaceutical companies along with their downstream partners, including hospitals, outpatient surgery centres, laboratories and patients, with reliable access to sterile barrier packaging that protects life-saving medical technologies, the company said in a June 12 statement. 6. 27th International Waste Plastics Day set to take place on 24-25 June in Germany The 27th International Waste Plastics Day is set to take place in Dresden, Germany, on 24 and 25 June. Organised by the German association for secondary raw materials and waste disposal bvse, this year’s congress is to focus on the theme of Plastics Recycling: Out of the Crisis and Into the Future. More than 300 participants are expected to take part. 7. UPM Raflatac business area to be renamed as UPM Adhesive Materials UPM Raflatac business area and reporting segment will be renamed UPM Adhesive Materials as of June 12, 2025. The new reporting segment name will be in use from the Interim Report Q2 2025 onwards.   Macro Market Information: 【Israel attacks area near Iran's heavy water reactor】 Xinhua News Agency quoted Iran's Mehr News Agency as reporting on the 19th that Israel launched attacks on areas near Iran's Khondab heavy water reactor facility. According to relevant officials, personnel at the facility had been evacuated previously, and there is no radiation risk at the facility. Israel had previously warned of launching attacks on this facility. 【IDC: China's floor cleaning robot market shipment volume grew 21.4% year-on-year in Q1】 The latest report released by the International Data Corporation (IDC) shows that in the first quarter of 2025, China's floor cleaning robot market shipped 1.188 million units, a year-on-year increase of 21.4%, with the shipment growth rate exceeding 20% for two consecutive quarters. Affected by the "national subsidy policy", the trend of deepened concentration among leading manufacturers is more obvious than in the global market, accelerating market reshuffle, and the market share gap between the Top 5 manufacturers is continuously narrowing. While the cost-effectiveness of new products is accelerating upgrading, it brings hidden inventory concerns, and some old models face greater inventory pressure. Since 2025, the technological upgrading directions have focused on bionic robotic arms and AI interaction, but the average shipment unit price has declined, further squeezing manufacturers' profit margins. 【US-Mexico presidents hold phone call, Mexican economy minister to visit US to promote trade consultations】 On the local time of June 18, Mexican President Ximbaum stated that she had a phone conversation with US President Trump. It is reported that during the conversation, Ximbaum proposed to Trump to promote a "comprehensive agreement" to jointly address security, immigration, and trade issues. Ximbaum also revealed that Mexican Economy Minister Ebrard will visit the US to promote trade issue consultations, while focusing on security and immigration issues with the US side.   Price Information:   【RMB to USD Central Parity Rate】 The central parity rate of RMB against USD was set at 7.1729, up 32 pips; the previous trading day's parity was 7.1761, the official closing price was 7.1868, and the night session close was 7.1900. 【Raw Materials USD Market Prices】 Ethylene Asia: CFR Northeast Asia $820/ton (up $10/ton); CFR Southeast Asia $850/ton. Propylene Northeast Asia: FOB South Korea average $720/ton; CFR China average $760/ton. North Asia LPG CIF price: Propane $580-582/ton; Butane $550-552/ton. South China LPG late July CIF price: Propane $612-622/ton; Butane $554-564/ton. Taiwan region LPG CIF price: Propane $580-582/ton; Butane $550-552/ton. 【LLDPE USD Market Prices】 Film: $915/ton (CFR Huangpu); Injection molding: $960/ton (CFR Dongguan). 【HDPE USD Market Prices】 Film: $900-915/ton (CFR Huangpu, down $10/ton); Hollow: $865/ton (CFR Huangpu, up $5/ton). 【LDPE USD Market Prices】 Film: $1035/ton (CFR Xiamen). 【PP USD Market Prices】 Homopolymer: $890-970/ton (CFR Huangpu); Copolymer: $965-990/ton (CFR Huangpu); Film material: $1025-1090/ton (CFR Huangpu); Transparent: $1100/ton (CFR Huangpu, up $35/ton); Pipes: $1160/ton (CFR Shanghai).

Ahead of the K 2025 trade fair in Düsseldorf, Germany, Clariant has introduced its AddWorks PPA range – a set of polymer processing aids (PPAs) developed specifically for polyolefin extrusion. The company said that the launch addresses growing regulatory and market pressure to eliminate PFAS substances from plastic additives, particularly in food packaging applications. Clariant unveils PFAS-free polymer processing aids ahead of K 2025 (Photo: Clariant) The new products – AddWorks PPA 101 FG and AddWorks PPA 122 G – are PFAS-free alternatives to conventional fluoropolymer-based aids. According to Clariant, the additives are designed to meet regulatory requirements and support processing efficiency.According to the speciality chemicals group, both products are free from per- and polyfluoroalkyl substances, inorganic materials, silicones, or polysiloxanes, and are designed for compatibility with food contact and packaging regulations. In addition, the additives align with recyclability requirements under the forthcoming EU Packaging and Packaging Waste Regulation (PPWR).Clariant said users can expect enhanced extrusion efficiency and improved film surface properties – without negative impacts on sealability or mechanical behaviour. AddWorks PPA 101 FG is supplied as a 100% active fine grain suitable for incorporation via host resin or masterbatch, while AddWorks PPA 122 G is available as a pre-formulated masterbatch for ease of use.

Spanish masterbatch specialist Delta Tecnic said it has developed a pigment additive, which recently obtained certification from the French organisation providing research, consultancy, testing, and certification services in the construction industry CSTB. Delta Tecnic’s portfolio focuses on colour masterbatches, offering specialised solutions for a range of industrial applications (Photo: Fotolia/akyuterd) Delta Tecnic, which has been owned by investment group Investindustrial since last year said it had recently achieved CSTB approval in Germany, “demonstrating the effectiveness of its proposal for window and door profile manufacturers operating in a highly competitive industrial context, marked by sustainable transformation and heterogeneity of the machinery park”.The Spanish firm said the main technical challenge lies in the pigment’s ability to withstand CSTB’s most severe test; being exposed to extreme environmental conditions, including solar radiation, humidity, water, and abrasive particles, for six months. Such research tested the quality of the pigment’s colouring “and its ability to maintain its aesthetic and functional qualities over the long term”, it added.Brita Kunze, sales director Deltacolor at Delta Tecnic, said pigments had been “specifically selected for their lightfastness and outdoor performance, and in adaptable formats such as small micropellets or the innovative super small pellets, which guarantee perfect colour homogeneity without compromising the mechanical properties of the profile”.The CSTB, which employs nearly 1,000 staff, including 500 engineers, said it was “dedicated to making buildings more efficient and more respectful of people and the environment”.

Headline News: Raw Material News - Alpek to Shut Down PET Plant with Annual Capacity of 170K Tons Virgin & 35K Tons Recycled PET Auto News -Mercedes-Benz, BMW Scramble to Secure Rare Earth Supply Amid China's Export Restrictions​​   Packaging News -PepsiCo CSO's In-depth Analysis: Challenges and Opportunities Behind Revised Packaging Targets​​ Macro news - Mexico President Slams U.S. Steel/Aluminum Tariff Hikes as "Unfair and Baseless", Vows Countermeasures​ Price Information - Ethylene Asia: CFR Northeast Asia 780/ton;CFRSoutheastAsia850/ton   The following are the details of international news: 1. HanoiPlas 2025 showcases advanced plastics, rubber, recycling solutions HanoiPlas 2025, the 13th edition of the Hanoi International Plastics and Rubber Industry Exhibition, is taking place from June 4-7, attracting over 200 exhibitors from 11 countries and regions.Covering 9,000 square metres of exhibition space, HanoiPlas 2025 is showcasing a wide spectrum of the latest in machinery, advanced materials, sustainable recycling solutions, and more. The exhibition has gathered leading industry players who are unveiling their latest technologies and equipment, offering visitors insights into the future trends and innovations driving the plastics and rubber sectors. 2 EREMA Reports 13% Revenue Decline to €330 Million Amid Global Challenges​ Against a backdrop of global economic uncertainty, the plastics recycling industry faces multifaceted challenges. Nevertheless, Austria-based ​​EREMA Group​​ maintains its leadership position through profound technological expertise and continuous innovation. The company is intensifying efforts in key sectors like recycled PET, driving the industry toward high-quality and sustainable development. 3. Mercedes-Benz, BMW Scramble to Secure Rare Earth Supply Amid China's Export Restrictions​ U.S. and European automakers have expressed concern about China 's export controls on rare earth metals, saying the move could have a knock-on effect on global auto production, according to foreign media reports. Mercedes-Benz Group and BMW Group are in urgent consultation with suppliers to ensure a stable supply of parts containing rare earth materials. Among them, Mercedes-Benz is exploring the possibility of stockpiling specific parts. According to Ford Motor, due to the extension of China 's approval process for rare earth exports, the export time of some parts has increased, and the transportation cost has also increased. Ford Chief Financial Officer Sherry House pointed out at the UBS Automotive Conference held in New York, the United States on June 4 : ' This has put pressure on the highly organized system. She pointed out that export controls mean that automakers must look for alternative parts or new supply channels. Last month, Ford 's factory in Chicago had to shut down for a week due to a shortage of rare earths, and the factory mainly produces Explorer models. A spokesman for BMW Group said that although its car factory is currently operating normally, some supply chain networks have been affected by China 's rare earth metal export restrictions. However, the spokesman did not give further details. 4. Qosina Adds Sealed Air's PE-based Film to Bioprocessing Product Portfolio Supplier of single-use components for medical devices Qosina has entered into a strategic partnership with packaging specialist Sealed Air. As a result of this collaboration, Qosina has added  Nexcel Bio1250 , a robust, co-extruded bioprocessing bag film to its portfolio of bioprocessing products. 5 ALBIS establishes subsidiary in Tel Aviv, Israel ALBIS continues its international growth with the establishment of a subsidiary in Tel Aviv, Israel. This strategic move marks another step in its expansion beyond Europe and APAC. 6. South Korea 's Seho Tech launched a new generation of NeXgener polyurethane foaming agent South Korea 's Seho Tech recently launched NeXgener polyurethane, which is a new generation of polyurethane foam foaming agent that meets modern environmental protection standards and has no impact on performance, marking a change in the global insulation industry. NeXgener is a 100 % chemical-based foaming agent specially developed for polyurethane applications. It produces strong internal heat through cross-linking reaction, and can better control foam expansion by adjusting water content. Its high hydroxyl value ( OH-V ~ 400 ) allows the use of MDI to increase, thereby improving foam performance. 7. Alpek will shut down a plant with an annual output of 170,000 tons of PET and 35,000 tons of recycled PET Alpek, a petrochemical and polyester product giant, recently announced that it will stop operating its Fayetteville plant in North Carolina, the United States. The company has issued an official application for workers ' adjustment and retention notices, and the shutdown will affect the work of 90 employees. The plant is operated by Alpek Polyester USA and acquired by Alpek in 2021, with an annual capacity of 170,000 tons of PET resin and 35,000 tons of recycled PET flakes. 9. Kuraray shut down polyester resin and polyester filament production plant Kuraray Co., Ltd.announced recently that it decided to stop its manufacturing subsidiary Kuraray Saijo Co., Ltd. ( located in Xitiao City, Ehime County ; production of polyester resin and polyester filament. Kuraray said that in 1969, the company began to produce polyester resin for filaments, while manufacturing and selling polyester filaments CLAVELLA TM. In 1987, the company began manufacturing and selling polyester resin KURAPET TM for molded products. However, in recent years, due to market changes and equipment aging caused by maintenance and update costs rise, Kuraray polyester related business is facing difficulties. The company has been considering whether to continue to carry out the business ; however, it is concluded that it is difficult to ensure stable production and achieve sustainable profitability in the future.   Overseas macro market information: 【The United States has comprehensively restricted the entry of citizens from 12 countries. Trump : related to the Colorado attack】 The White House issued a notice on the 4th, announcing a comprehensive restriction on the entry of citizens from 12 countries such as Afghanistan, Myanmar, Iran, and Yemen into the United States, and partially restricting the entry of citizens from 7 countries such as Burundi. According to the AFP report, US President Donald Trump said on the same day that the relevant restrictions were related to attacks on pro-Israel groups in Colorado. 【 The auction results for Japan's 30-year government bonds have been released, with the bid-to-cover ratio hitting a new low since 2023.】 Japan auctioned 30-year government bonds, with a bid-to-cover ratio of 2.92, lower than the 12-month average level of 3.39, and it is the lowest bid-to-cover ratio since 2023. After the auction results were released, Japanese government bond futures saw a decline in gains, with the yield on 30-year bonds dropping by 6 basis points to 2.885%. 【The Iraqi Ministry of Oil stated that the reason for the reduction in oil exports is the forced production cut to comply with OPEC quotas.】  The Iraqi Ministry of Oil stated that the reason for the decrease in Iraq's oil exports is the inability to receive and export oil produced in the Kurdistan region, along with being forced to cut production to comply with OPEC quotas. 【Mexican President: The U.S. raising steel and aluminum tariffs is "unfair," and we will take countermeasures.】 Mexican President Claudia Sheinbaum said on the 4th that the United States' recent move to raise tariffs on imported steel and aluminum products is "unfair", "lacks legal basis", and is "unsustainable." The Mexican government will assess the situation and then formulate countermeasures to protect the development of its steel and aluminum industries.   Price information: 【USD/CNY central parity rate】 The central parity rate of the yuan against the US dollar was set at 7.1865, up by 21 basis points. The previous trading day's central parity rate was 7.1886, the official closing price was 7.1890, and the overnight closing price was 7.1760. 【Upstream raw material prices in US dollars】 Ethylene Asia: CFR Northeast Asia $780/ton; CFR Southeast Asia $850/ton. Acrylic Northeast Asia: FOB Korea average price is $745/ton; CFR China average price is $775/ton. The North Asian frozen cargo landed price: propane $544.5-$546.5 per ton; butane $511.5-$513.5 per ton. The CIF price for South China frozen goods in July is as follows: propane $607-617 per ton; butane $542-552 per ton. The CIF price of frozen goods in Taiwan area, propane 544.5-546.5 US dollars/ton; butane 511.5-513.5 US dollars/ton. 【LLDPE USD market price】 Film: $875/ton (CFR Huangpu); Injection molding: $970/ton (CFR Dongguan); 【HDPE USD market price】 Film: $900-$920 per ton (CFR Huangpu). Hollow: 865-870 USD/ton (CFR Huangpu); 【 LDPE USD market price】 Film: 1025-1035 USD/ton (CFR Huangpu); 【PP PP USD Market Price】 Homopolymer: 890-935 USD/ton (CFR Huangpu); Copolymer: 955-1060 USD/ton (CFR Huangpu); Material: $1025-1090/ton (CFR Huangpu); Transparent: $1,085/ton (CFR Huangpu); Pipe materials: 1,160 USD/ton (CFR Shanghai).

IMAGE COURTESY OF POLYVEL New softening agents developed by masterbatch supplier Polyvel are designed for the efficient and cost-effective production of nonwoven polypropylene (PP) products with extra-soft surfaces. Small doses of the additives achieve effects ranging from simple, smooth surfaces to so-called “supersoft” products with an ultra-soft feel reminiscent of natural silk, according to Polyvel. Soft to the touch, pleasing to the eye The process aids are suitable for all products touting soft-touch tactile properties and aesthetic appeal. In addition to hygienic textiles, applications include the automotive, furniture, medical technology, and construction sectors. Polyvel also can accommodate customer-specific applications. Extensive tests by neutral certification and testing laboratories confirm that the additives are safe for use in products that come in contact with human skin, such as diapers, as well as food, said the company. The processing aids are PFAS-free and do not contain any chemicals named on the Substance of Very High Concern list at the European Chemicals Agency (ECHA). Alternatives to conventional plasticizers During extrusion with the help of additive masterbatches such as Polyvel NH-P01, dosages as low as 0.5% are sufficient to achieve elevated levels of softness in PP nonwoven surfaces. The additives can replace conventional plasticizers and the chemicals usually associated with them. The process aids are introduced during the production process, preventing the fibers’ fabric gels from forming a brittle surface with a rough feel after extrusion. The dissolved additive in the PP nonwoven permanently migrates to the fiber’s surface. A distributor of specialty additive masterbatches and custom compounds in thermoplastic applications, Polyvel offers a wide-ranging product portfolio. It said that customers have been focusing, in particular, on additives for processing in-demand bioplastics to add specific technical and functional properties to applications. Polyvel is based near Hamburg, Germany.

On March 25, the Ningbo Ecological Environment Bureau Yinzhou Branch announced the 36,000-ton color masterbatch technological transformation project of Ningbo Color Masterbatch Co., Ltd., marking the company's strategic focus shifting towards optimizing existing production capacity and technological upgrades.It is worth noting that this public notice also disclosed Ningbo Color Mother's latest decisions on its two previous fundraising projects—the company, due to the need for an IPO, plans to implement the "annual production of 20,000 tons of high-end products.""Color masterbatch project""Regarding the 'Research and Development Center Upgrade Project,' as of now, these two projects have not been implemented and are not planned to be implemented."Three major fundraising projectsListed period fund raising for constructionNingbo Cama was listed in June 2021. According to its prospectus, it planned to raise funds of 419,842,500 yuan, which would be used for the following projects in order of priority: annual production of 20,000 tons of mid-to-high-end masterbatch, expansion of annual production of 10,000 tons of mid-to-high-end masterbatch in Zhongshan, RD center upgrade, and supplementary working capital.Source: Ningbo Masterbatch ProspectusAnnual production of 20,000 tons of mid-to-high-end masterbatch project: an investment of 234.2788 million yuan is planned to technically transform the company's original masterbatch production line, adding a capacity of 12,000 tons/year of black masterbatch and 8,000 tons/year of white masterbatch. The construction period is 24 months.RD Center Upgrade Project: Ningbo Color Master plans to invest 39 million yuan to expand the existing RD center, improve RD and testing equipment, introduce RD technical talents, and enhance the overall technology and equipment level of the RD center. The construction period is 24 months.Postponement becomes termination.It is worth noting that according to the originally planned construction schedule, the two major fundraising projects of Ningbo Color Masterbatch were supposed to be completed and put into operation within the established timeframe. However, in the financial report released by Ningbo Color Masterbatch in 2023, it was stated that the completion of these two projects will be delayed until June 2025.Annual production of 20,000 tons of medium-to-high-end color masterbatch projectThe company's "Annual Production of 20,000 Tons of Mid- to High-End Masterbatch Project" plans to utilize part of the old factory buildings and related facilities of the dismantled company, and introduce advanced production lines and strengthen production management to achieve the upgrade of the product production line.The implementation location has been updated to include a new subsidiary in Chuzhou, and the implementation method has been changed from partial demolition and construction of old factory buildings to renovation of old factory buildings and construction of new factory buildings.The company has extended the scheduled date for the fundraising project to reach its usable state to June 23, 2025.Annual Production of 10,000 Tons of Mid-to-High-End Color Masterbatch Zhongshan Expansion ProjectThe project was put into operation in June 2023, but the initial production capacity was not fully utilized, so it failed to achieve the expected returns.RD Center Upgrade ProjectAfter prudent evaluation and comprehensive consideration, the company has postponed the date when the fundraising investment project reaches the预定可使用状态 (预定 ready-to-use state) to June 23, 2025. (Note: The phrase "预定可使用状态" is partially in Chinese. In full English, it translates to "预定 ready-to-use state". For clarity in the context of project management, it typically means the project is ready for its intended use. Thus, a more precise translation would be: "After prudent evaluation and comprehensive consideration, the company has postponed the date when the fundraising investment project reaches the ready-to-use state to June 23, 2025.")However, in the environmental impact report table released in March 2025, it was stated that the company, due to its need for listing, commissioned the preparation of the "Ningbo Masterbatch Co., Ltd. Additional Production of 20,000 Tons of High-end Masterbatch Production Line" and the "Ningbo Masterbatch Co., Ltd. RD Center Upgrade Project" in 2020, and obtained approval from the Yinzhou District Environmental Protection Bureau of Ningbo City (Yin Huan Jian [2020] No. 106, Yin Huan Jian [2020] No. 107).So far, these two projects have not been implemented and are planned not to be implemented anymore.36,000-ton masterbatch technology transformation projectChanges in Fundraising Projects: Multiple Practical ConsiderationsThe 36,000-ton masterbatch technological transformation project origin:Ningbo Colour Masterbatch commissioned the preparation of an environmental impact assessment report form for the annual production of 20,000 tons of plastic new material multifunctional masterbatch project in June 2016.The project passed the completion environmental protection acceptance in 2017.Due to market demand, the company is carrying out technical renovations on the production line and supporting facilities of the original project, which has an annual production capacity of 20,000 tons of plastic new material multifunctional masterbatch (replacing some production equipment, replacing cooling towers, and adding waste gas treatment facilities, etc.). After the renovation, the annual production capacity of 36,000 tons of mid-to-high-end color masterbatch can be achieved.The total investment for this technological transformation project is 8.5 million yuan.The termination of the two major IPO fundraising projects not only means a waste of previous investments, but also could potentially damage the company's reputation and market confidence. Although the newly initiated technology renovation project seems to be a move towards technological upgrades, whether it can achieve the expected results remains uncertain.The "variations" of Ningbo color masterbatch may well be a true reflection of the industry's transformation pains, reminding every participant that in fierce market competition, there are no eternal winners; only by continually adapting to changes can one survive in the market.

March 31, 2025The U.S. Department of Commerce announced the final anti-dumping determinations on imports of epoxy resins from China, India, South Korea, Thailand, and the Taiwan region of China.Due to the failure of Chinese enterprises to participate in the defense, a ruling was made.The dumping margin of Chinese manufacturers/exporters is 354.99%.The dumping margins for producers/exporters from India range from 12.69% to 15.68%, from South Korea range from 5.62% to 7.59%, from Thailand is 5.25%, and from Taiwan, China range from 10.93% to 26.98%.Meanwhile, the U.S. Department of Commerce issued a final countervailing duty determination on epoxy resin imported from China, India, South Korea, and the Taiwan region of China. As Chinese companies did not participate in the proceedings, a ruling was made.JiangsuThree treesThe rates for Jiangsu Sanmu Group Co., Ltd., Shandong Bluestar Dongda Chemical, and other producers/exporters in China are all 547.76%.The tax rates for Indian producers/exporters range from 10.66% to 103.72%, for South Korean producers/exporters range from 1.01% to 1.84%, and for producers/exporters from Taiwan range from 3.38% to 19.13%. The U.S. International Trade Commission (ITC) is expected to issue the final ruling on anti-dumping and countervailing duty injury on May 12, 2025.This case involves products under U.S. Customs Tariff Code 3907.30.0000.On April 23, 2024, the U.S. Department of Commerce announced the initiation of anti-dumping and countervailing duty investigations on epoxy resins imported from China, India, South Korea, and Chinese Taiwan, and an anti-dumping investigation on epoxy resins imported from Thailand.

Recently, Changzhou Jinyong Technology Materials Co., Ltd. has made a new breakthrough in the field of masterbatch production technology, successfully obtaining a utility model patent named "Intelligent Adding Device for Antioxidant Masterbatch Auxiliary Materials," with authorization announcement number CN 222694649 U, and the application date dated back to June 2024.According to the patent abstract, this innovative technology proposes a completely new antioxidant color masterbatch feeding mechanism. The core design of this mechanism involves ingeniously fixing the motor inside the material输送管道内，其输出轴上装配有螺旋送料杆，该杆左端通过轴承与输送管道左内壁相连，从而实现旋转功能。此外，添料管内设有固定筒，筒内通过轴承旋转连接有一个转动筒，其进料口与出料口采用错位式设计，有效提高了加料过程的精度。According to the patent abstract, this innovative technology proposes a completely new antioxidant color masterbatch feeding mechanism. The core design of this mechanism involves ingeniously fixing the motor inside the material conveying pipe, with its output shaft equipped with a spiral feeder rod that is connected to the left inner wall of the conveying pipe via a bearing on its left end, thereby achieving rotational functionality. Additionally, a fixed cylinder is set inside the feeding pipe, within which a rotating cylinder is connected through a bearing, featuring an offset design for its feed inlet and discharge outlet, effectively enhancing the accuracy of the feeding process.It is understood that the device also specifically sets a fixed frame inside the material feeding pipe, with the right end of the spiral feeding rod passing through the fixed frame via a bearing and connected to it for rotation. Even more innovatively, the fixed frame is equipped with a synchronous drive dispersion mechanism. This design not only ensures that the processing equipment can maintain a sealed state throughout the entire process of adding masterbatch additives, effectively isolating external air and preventing the oxidation of processing materials, but also fully disperses the masterbatch additives, avoiding issues related to the adhesion of additives that could affect processing quality, thereby further enhancing the efficiency and quality of masterbatch production.

Recently, information released by the National Intellectual Property Administration indicates that Anhui Yingchuan New Materials Technology Co., Ltd. has successfully obtained a patent titled "Vertical Color Masterbatch Sieving Device." Its authorization announcement number is CN 222678695 U, and the patent application date was April 2024.This patent relates to a vertical color masterbatch screening device, which is ingeniously designed. Its main body is a vertical screening box. The inner side walls of the screening box are symmetrically provided with first limiting grooves. In the middle of the inner walls of the first limiting grooves, first sliding rods are fixedly installed. On the outer walls of the first sliding rods, there are slidingly connected first sliding blocks. The upper and lower ends of the outer walls of the first sliding blocks are welded with first springs, which are welded to the middle of the inner walls of the first limiting grooves. The middle part of the first springs surrounds the outer walls of the first sliding rods.It is understood that during actual use, when the color masterbatch falls inside the sieve net, under the impact of its own gravity, in conjunction with the elastic potential energy of the first slider rod, as well as the sliding effect of the first slider rod and the first slider block, it can perform a sieving operation on the color masterbatch that has fallen inside the sieve net. This unique design significantly improves the sieving efficiency. Moreover, this device only requires a vertical classification box to achieve its function, without the need for a large area, effectively ensuring high work efficiency during the use of the device. It has brought about a new technological breakthrough to the field of color masterbatch sieving.

According to the relevant regulations on the approval procedures for environmental impact assessments of construction projects, the Nanchang Jinxian Ecological Environment Bureau plans to accept the environmental impact assessment documents for the following projects. This is now announced to the public, and the public notice period is from March 24, 2025, to March 28, 2025, for a total of 5 working days.Project Name: Junyu Industrial Co., Ltd. Medical Colorant Material Project in Jinxiang CountyConstruction Location: First floor of 2#D Type Factory Building, Jiangxi Jinxian Medical Device Technology Park (within the High-end Medical Device Park)Construction Unit: Jinxian County Junyu Industrial Co., Ltd.Project Overview: The total investment for this project is 2 million yuan, covering an area of 1044.29 m2. The project includes equipment such as extruders, high-grade mixers, crushers, vibrating machines, and fans. It adopts production processes including batching, mixing, heating and melting, injection molding and extrusion, and packaging to produce medical masterbatches.Project product scheme and scale:

The State Intellectual Property Office information shows that Shaoxing City Shangyu Hongyue Plastic Industry Co., Ltd. has applied for a patent titled "A Kind of Yellow Plastic Masterbatch," with the publication number CN 119661973 A.The patent abstract discloses a yellow plastic masterbatch, which includes the following components by weight: 880-960 parts of ABS terpolymer, 20-40 parts of polyethylene low molecular wax, 5-15 parts of ethylene bis stearamide, 5-15 parts of zinc stearate, 20-40 parts of titanium dioxide, 1-5 parts of iron oxide yellow, 1-5 parts of macromolecular yellow, 1-5 parts of permanent yellow, 1-5 parts of flame retardant, and 1-5 parts of antioxidant. The invention addresses the technical problems of poor color concentration, flame retardancy, and oxidation resistance in traditional yellow plastic masterbatches.With this innovative formula, the yellow plastic masterbatch developed by Shangyu Hongyue Plastic Industry Co., Ltd. in Shaoxing City has not only significantly improved color concentration but also greatly enhanced the flame retardancy and antioxidant properties of the product, offering a more efficient and safer coloring solution for the plastics processing industry.According to Tianyancha data, Shaoxing Shangyu Hongyue Plastic Industry Co., Ltd., established in 2008 and located in Shaoxing City, is an enterprise primarily engaged in the rubber and plastic products industry. The company has a registered capital of 200,000 RMB and a paid-in capital of 200,000 RMB. Through Tianyancha's big data analysis, Shaoxing Shangyu Hongyue Plastic Industry Co., Ltd. has participated in 2 bidding projects, with 1 trademark record and 32 patent records in terms of property线索.

Due to the continuous rise in raw material costs, after Longqi Enterprise issued a price increase notice on March 21st, other titanium manufacturers also followed by raising their prices, leading to the "third round" of price increases in the titanium dioxide industry. However, there has been no noticeable improvement in downstream demand. Despite it being the traditional peak season of “golden March and silver April,” buyer sentiment for signing orders is not as high as expected. There is a situation where demand from previous orders has been over-consumed, and currently, buyers are mainly placing orders for essential needs. The situation of manufacturers is polarized, with some still in a state of processing and shipping orders, while others have increased inventory and generally adopt a wait-and-see attitude. Under this situation, some manufacturers are primarily focused on fulfilling earlier orders, and they are relatively cautious about receiving new orders and large orders. The execution of new order prices remains to be confirmed. Currently, the market is still in a观望state, maintaining a wait-and-see attitude.The global economic recovery has driven an increase in international market demand. Simultaneously, the results of anti-dumping investigations by major importing countries have been successively implemented, leading foreign customers to stockpile 1-2 months of inventory in advance. This demand frontloading has caused a rise in China's titanium dioxide exports in the first quarter. However, export growth has slowed due to international trade frictions and exchange rate fluctuations.According to customs data, from January to February 2025, the cumulative export of titanium dioxide reached 315,900 tons, increasing by 7.68% year-on-year. The export volume of sulfuric acid process titanium dioxide was 257,600 tons, with the top three export destinations being India, Turkey, and the United Arab Emirates, accounting for 20.57%, 6.88%, and 5.56% of the total export volume, respectively. About 58,400 tons of chlorinated process titanium dioxide were exported, with the top three export destinations being India, Egypt, and South Korea, which accounted for 18.17%, 8.75%, and 7.33% of the total chlorinated process export volume, respectively. The export data from the first two months of this year shows that the economic growth of emerging developing countries such as India, Turkey, and the United Arab Emirates, along with the development of infrastructure and real estate, has led to strong demand in downstream industries such as coatings and plastics. On the other hand, the reduction caused by EU anti-dumping measures has forced domestic titanium dioxide enterprises to accelerate the development of markets in Southeast Asia due to the impact of anti-dumping measures in the EU and India.Due to the dual impact of rising raw material costs and declining market demand, it is expected that titanium dioxide prices will decrease in the second quarter following the off-peak and peak season cycle. On the supply side, limited new capacity release is influenced by industry profits, but the market oversupply situation remains difficult to alleviate. With the continuous advancement of environmental policies and accelerated industry consolidation, the titanium dioxide industry will move towards scale and intensification, and the market share of leading companies will further expand. It is expected that the mainstream market price of sulfuric acid process rutile titanium dioxide in the second quarter will be 14,200-15,900 yuan/ton, with a negotiation price fluctuation range of about 300-500 yuan/ton. The actual transaction price will be determined on a case-by-case basis depending on order volume and manufacturer inventory levels.