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

Key Points Volkswagen and its supplier Magna selected PLEXIGLAS® Piano Black PMMA material for the rear spoiler, side panels, and pillar trim of the ID. Buzz model. The painting process accounts for about 40% of the energy consumption in complete ve

International News Highlights: Device News - Dover Acquires Cloeren to Enhance Polymer Extrusion Equipment Capacity; INEOS 5 Billion Euro Olefins Cracker Module Arrives at Port. Raw Materials News - Due to a collaborative cement plant with Indorama,

Dover Group acquired Cloeren, a leader in the field of extrusion die heads and distributors, in order to enhance MAAG's polymer processing performance. This strategic acquisition brings the manufacturing technologies for high-performance die heads an

The first core module of the large-scale Antwerp project, in which INEOS is investing 5 billion euros, has arrived today, having been stranded in the Strait of Hormuz for several months prior. Two modules will complete the construction of the Proje

New investments by bottling partners are expanding Coca-Cola’s global refillable glass and PET bottle packaging programs. In 2024, refillable packaging offered by the Coca-Cola system in multiple markets accounted for 14% of its total beverage sales.

I. Overnight Crude Oil Market Developments On July 28, the US and Iran are expected to start new negotiations, leading to a decrease in market concerns over supply risks, and international oil prices continue to decline. NYMEX crude oil futures for S

INEOS Phenol, the world’s leading producer of phenol and acetone, has declared force majeure on the supply of both products and introduced sales allocation measures to address customers’ limited supply needs. The force majeure was caused by a disrupt

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

ReBento’s durable, leak-proof lunchbox replaces single-use plastic waste in subscription meal delivery services and has been recognized with the 2026 Berlin Green Product Award. Polish design student Kaja Brunke has designed ReBento, a reusable conta

The two major petrochemical holding companies under INEOS Group reported a significant surge in second-quarter earnings. INEOS said that the conflict in the Middle East altered the regional supply-demand balance, product prices, and profit margins,

According to an announcement issued on July 24, Pakistan has imposed provisional anti-dumping duties of up to 37.3% on imports of suspension-grade polyvinyl chloride (PVC) resin from the United States. Pursuant to Section 43 of Pakistan’s Anti-Dumpin

Lantian Group will close its adipic acid production plant in Italy. The relevant production line has fallen into losses, partly due to intense competition from the Asian market. Approximately 140 jobs at the Novara plant are at risk of being cut. Rad

Turkey is building a large industrial platform in the eastern Mediterranean that integrates petrochemical production, ports, storage and transportation, and energy infrastructure. On July 23, 2026, Rönesans Holding announced that the total investment

Dow reported earnings on July 23, with adjusted earnings per share of $1.44, compared with a loss of $0.42 per share in the same period last year. The results were well above the analyst consensus estimate of $1.28 compiled by S&P Capital IQ. Dow

Greene Tweed collaborates with Arrow McLaren to design a lightweight anti-roll bar lever using Xycomp DLF thermoplastic composite material for the NTT IndyCar Series race cars. High-performance materials manufacturer Greene Tweed partnered with Arrow

I. Crude Oil Market Dynamics On 7/23, the possibility of further escalation in the Iran-U.S. conflict, coupled with Houthi attacks on Saudi oil tankers, heightened supply risks and drove international oil prices sharply higher. The NYMEX crude oil Se

International News Briefs Raw Material News Pirelli, Pyrum, Synthos and BASF launch joint cooperation to convert waste tires into recycled materials. Automotive News A U.S. Senate committee approved a bill to further tighten market access re

The project collects end-of-life and waste tires across Germany, sourcing them from Driver retail stores, various motorsport events, and the Pirelli Breuberg plant as raw materials for the integrated recycling process. Pyrum uses a pyrolysis process

I. Overall Performance of the International Market This Week This week, the international polypropylene (PP) market showed significant regional divergence. The Asian market continued its upward trend driven by costs, while the European and American m