【Overseas Highlights】Mitsubishi Chemical Halts Production of Some Epoxy Resins; SK Hynix Hydrofluoric Acid Leak; Apple Smart Glasses Delayed

News Highlights:

Raw Material News-Mitsubishi Chemical suspends the production of certain epoxy resin products at the Kawajiri plant.

Automotive News-High recycled-content glass fiber composite material unveiled! Automotive interiors can be reduced in weight by 50%

Electronic News-To disrupt the entire industry! Apple smart glasses delayed until2027Year of release

Other News-HexcelJoin hands with the U.S. National Institute of Aeronautics and build an advanced composite materials center.

Macro News-SKA gas leak occurred at the SK Hynix factory in South Korea.3600Emergency evacuation of personnel

Price Information-The central parity rate of the Renminbi against the U.S. dollar hits a new high.2023 2 14New high of the day

Details of International News:

1.Mitsubishi Chemical has halted production of certain epoxy resin products at its Kawajiri plant.

Recently,Mitsubishi Chemical Corporation announced plans to.2027 9By the end of the month, it will cease production and sales of certain epoxy resin products at the Kawajiri site of its Tokai Plant in Yokkaichi, Mie Prefecture, Japan. The affected products include bisphenol.Atype liquid epoxy resin, bisphenolFliquid made from type liquid epoxy resin and various curing agents/Solid epoxy resins. Mitsubishi Chemical stated that due to aging production equipment and an extremely challenging business environment, it has become increasingly difficult to continue producing the above products. However, Mitsubishi Chemical said it will continue to supply specialty epoxy resins for semiconductor packaging and electronic materials.

2.High-recycled-content glass fiber composite material unveiled! Automotive interior parts can be reduced in weight by 50%

Recently, South Korean composite material supplier Hanwha Advanced Materials...Hanwha Azdel) Launch a brand-new productSuperLite S25This thermoplastic composite material is based on polypropylene and long-cut fibers, with a considerable proportion of recycled content. In its reinforced core layer, post-consumer recycled polypropylene (PCRweight accounted for 25%The content above translated into English: The content above translated into English: “the content above” is not fully provided.50%The company also plans to fully switch this composite material to...100% Recycled glass fiber.

3.HexcelIn collaboration with the U.S. National Aeronautics Research Institute, establish an Advanced Composite Materials Center.

Hershey GroupHexcel(formally commenced construction of a brand-new application center, with the project located at the National Institute for Aviation Research of Wichita State University (USA).NIARThis marks the company's further expansion into the advanced composite materials business. The integrated platform aims to streamline the entire process from material research and development to production, accelerating the implementation of technological innovations. This new facility is located at the Advanced Technology Laboratory for Aviation Systems under the National Aeronautics and Space Administration (NASA).ATLASThe content within the parentheses marks an important milestone in the deepening cooperation between this global leader in composite materials and top American aerospace research institutions.PlasticsTodayFor industry readers, this project also means that the sector is continuing to increase its investment in automated composite materials processing and advanced materials performance testing, and may reshape the entire process model for aerospace components, from design conception to mass production.

4.AvantiumPlant-basedPEFMaterials enter prototype testing for bedding and decorative fabrics.

Avantium N.V. Heynen Systems B.V. Jointly developed the first model using...PEFa cushion prototype product made of the material. ThisPEF Avantium Launched a plant-based recyclable polymer, branded asreleaf®The prototype product will be primarily applied in the field of bedding and soft decoration fabrics.2026 6 4 - 5 The Italian International Furniture Accessories Exhibition Forum was held in Bergamo, Italy.releaf® First publicly demonstrated in this application scenario.

5.Set to disrupt the entire industry! Apple’s smart glasses postponed until2027Year of release

6 1News from Japan, Mark Gurman.Mark GurmanAccording to the latest disclosure, Apple’s smart glasses have been postponed until…2027Released at the end of the year. This product, viewed by Cook as the highest-priority project before his retirement, is positioned to “disrupt the traditional eyewear industry” and benchmark againstMeta Ray-BanPricing200-500Dollar. Apple continues to use.Apple WatchThe path focuses not only on competing in the smart glasses market but also on capturing the traditional eyewear market. According to leaked information about the engineering prototype, the design is completely developed by Apple and adopts a lightweight design, weighing approximately.40grams, close to ordinary myopia glasses.

6.Continuously expand overseas markets, Dongfang Yuhong Holdings subsidiary plans to5.42Acquisition of Two Indonesian Companies for Hundreds of Millions of Yuan55%

Recently, Dongfang Yuhong announced a significant overseas acquisition. The company's holding subsidiary, Indonesia Dongfang Yuhong, plans to invest approximately...5.421 billion yuan (RMB)14263.88 (100 million Indonesian Rupiah) through capital increase and equity acquisition, to obtain in Indonesia.PT IALK(Production Company) andPT ACUMSales Company55%Equity, formally holding a controlling stake in Indonesia's second-largest waterproof coating brand.Aquaproof, continuously expanding overseas markets. According to the announcement, this transaction will be implemented in two parts: Oriental Yuhong Indonesia will first contribute approximately1.17100 million yuan subscriptionPT IALKnewly issued shares, acquire14.47%equity; and then contribute approximately separately3.27hundred million yuan acquisitionPT IALK 40.53%equity, agreement0.99100-million-yuan acquisitionPT ACUM 55%Equity. Upon completion of the transaction, the Company will exercise full control over the production and sales systems of the two target companies.

7.Trinseo launches the first thermoplastic polycarbonate-based product.PC) Recyclable automotive battery top cover made of unidirectional tape

Shengxi Ao（Trinseo) Successfully developed the first thermoplastic-based...PolycarbonateOne-way belt (PC UD tapeThe recyclable battery top cover () represents an important breakthrough in lightweight, flame-retardant composite material solutions for next-generation electric vehicle battery systems. This technology was developed by Trinseo’s Global Innovation Center Europe and is designed to address the needs of OEMs (OEMThe key design challenges faced by vehicle manufacturers and first-tier suppliers in reducing vehicle weight, enhancing battery safety, and building a more sustainable manufacturing platform.

Overseas Macro Market:

Iran’s Foreign Ministry: Iranian armed forces have retaliated against the US military.“Aggressive action”

Iranian Foreign Ministry spokesman Baghaei6 1He said that the U.S. military’s “act of aggression” against Iran violated the ceasefire agreement, and that the Iranian armed forces responded by striking the “source of the U.S. aggression.” Baghaei said that Iran-U.S. negotiations were conducted in an atmosphere of deep suspicion and mistrust, and that the transmission of messages through intermediaries took place in the same climate of distrust. The U.S. side kept changing its position, putting forward new or contradictory demands, and releasing conflicting messages through the media. Under such circumstances, the negotiation process was naturally delayed.

 Iran's Foreign Ministry spokesman: One major difficulty in negotiating with the United States is the frequent changes in their position.

Local time1On [day], Iranian Foreign Ministry spokesperson Baghaei said, “Basically, one of the major difficulties in negotiating with the United States is that its positions change frequently and are self-contradictory.” Commenting on the progress of the Iran-U.S. talks, he pointed out that the two sides are negotiating in an atmosphere of mutual distrust, and that the talks began and have continued amid suspicion. “The negotiations themselves are not a sign of mutual trust between the two sides.” If the other side’s statements are inconsistent and its media messaging is also contradictory, that will only prolong the negotiation process.

Goldman Sachs:AIThe heatwave accelerates the rapid and concentrated increase in risk exposure.

Goldman strategists said global technology stocks have become the focus of an unusually rapid and concentrated buildup of risk exposure in financial markets, with both hedge funds and retail investors increasing their exposure to popular...AITrading investment exposure.Christian Mueller-Glissmannnoted in the report that global hedge funds’ net leverage had, in less than two months, gone from70%up to the following80%Above, hedge funds increased their net exposure to information technology.853basis points, marking the largest quarterly increase on record. Retail participation and inflows into technology-intensive sectors such as semiconductors have surged to cyclical highs, with investors increasingly using “AIleveraged instruments related to trading.

【SKGas leak occurred at SK Hynix's factory in South Korea.3600Emergency evacuation of personnel

SKA fire broke out at the semiconductor complex in Cheongju, South Korea, resulting in a toxic gas leak.3600employees were evacuated in an emergency. local time in the morning10 32Divide, connectM15 M15XA fire broke out in the air room on the sixth floor of the factory building, and the sprinkler system quickly extinguished it. Due to suspected inhalation of harmful gases,7The personnel were sent to the company’s internal hospital for treatment, among whom5Symptoms of eye discomfort appear in the person.SKHynix stated that the incident did not affect production, and the initial assessment indicates that the issue originated from a gas pipeline. An investigation into the specific cause is currently underway. Employees will return to their posts once air quality testing and safety inspections are fully completed.

Ecuador cancels tariffs on Colombian goods.“safety tax”]

Ecuador National Customs Service5 31The day announced, from6 1Starting on that date, the “security tax” levied on goods from Colombia entering Ecuador will be abolished. On the same day, Sandro Castillo, Director-General of Ecuador’s National Customs Service, said on social media that since then.6 1Starting from [date], the “security tariff” rate on goods originating in and coming from Colombia will be reduced to zero. This is a measure announced by Ecuadorian President Daniel Noboa. Ecuador’s customs authorities will ensure its effective implementation in order to promote legal trade, regional integration, and cooperation between the two countries in combating illegal economic activities.

The Islamic Revolutionary Guard Corps of Iran announces strikes against U.S. military targets.

Local time6 1a.m.7At around [time unspecified], the Public Relations Department of Iran’s Islamic Revolutionary Guard Corps stated that about an hour earlier, the U.S. military had struck a communications tower on Sirik Island in Iran’s Hormozgan Province. The IRGC Aerospace Force then launched a strike on the U.S. air base that had carried out the attack and destroyed its intended target. The IRGC warned that the responsibility lies with the United States, and that if such incidents occur again, Iran’s response will be entirely different.

Trump insists that the U.S.-Iran agreement will be...“Explicitly prohibit” Iran from possessing nuclear weapons.

President Trump of the United States5 31The Sun posted on social media, accusing CNN of spreading "fake news" regarding Iran and insisting that the US-Iran agreement "clearly states that Iran will not possess nuclear weapons."

Price Information:

RMB-to-USD central parity rate hits a new high2023 2 14New Highs Daily

The central parity rate of the RMB against the USD is reported.6.8167Upward adjustment9point; previous trading day’s central parity rate6.8176Official closing price on the previous trading day6.7685, closed in the previous night session6.7663。

[Upstream Raw Material USD Market Prices]

5 29 CFRNortheast Asia930 / 45 / CFRSoutheast Asia1100 / 25 /

Northeast Asia propyleneFOBAverage price in South Korea to1180 /tons stable,CFRChina average price to1200 /tons remain stable.

North Asia refrigerated cargo CIF, propane806-814 /tons; butane906-914 /

South China Frozen Cargo7Monthly CIF price, propane915-925 /ton; butane975-985 /

Taiwan region frozen goods CIF price, propane806-814 /ton; butane906-914 /

【LLDPEUSD market price

Thin film:1300 / CFRHuangpu);

【HDPEUS dollar market price

Thin film:1300 / CFRHuangpu);

Hollow:1360 / CFR(Yantian);

Injection Molding:1350 / CFRYantian);

【LDPEUS dollar market price

Thin film:1480 / CFRHuangpu);

【PPUSD market price]

Uniform aggregation:1400 / CFRHuangpu);

Co-aggregation:1540 / CFRNansha);

Membrane material:1560 / CFRHuangpu);

Transparent:1500 / CFRHuangpu);