InternationalNews Highlights:

Raw Material News-EvonikIPDIProduction encountered force majeure.！

Automotive News-The new U.S. auto tariff policy harms multiple interests and may lead to large-scale layoffs in American car companies.

Packaging News-New progress! Berry International has expanded. B Loop Packaging Series

Macroeconomic NewsBrazilian President Lula: Will impose retaliatory tariffs on American goods.

The following is the details of international news:

1.

President Trump of the United States26The President signed an executive order at the White House imposing tariffs on imported cars to the United States.25%Tariffs and related measures will be implemented.4Month2The new tariff policy, effective from the day announced, is expected to drive up car prices in the U.S., harming consumer interests and delivering a "major blow" to the American automotive industry, according to industry insiders. Trade associations and the American Automobile Association have stated that the new tariff policy will once again increase the costs of producing and selling cars in the U.S., leading to higher prices, fewer choices for consumers, and a reduction in employment opportunities in American manufacturing. Gary Hufbauer, a senior researcher at the Peterson Institute for International Economics and a former Treasury official, also indicated that the latest announced tariffs represent a "significant blow" to the automotive sector. He noted that, especially given the weak financial situation of consumers, the increase in automobile costs will reduce demand. Hufbauer predicted that there would be "large-scale layoffs" in U.S. automotive and parts companies.

2.EvonikIPDIProduction of the product encounters force majeure.

Recently, Evonik announced that it will...VESTANAT® IPDlDue to the impact of force majeure factors, we will immediately cease supply.VESTANAT® IPDlProduct. The notification mentioned that due to unforeseen and unavoidable technical issues with Evonik's suppliers, it has led to...VESTANAT® IPDlThe production of the product is immediately severely affected. In light of the above reasons, Evonik will temporarily be unable to supply the quantities confirmed, ordered, or otherwise requested by customers in the coming weeks.VESTANAT® IPDI。

3.Europe's first7.5ten thousand tonsPLAProject initiation.2028

Recently, a leading biomaterials company in Belgium.FuterroAnnounced its first integrated biorefinery project in Europe, located in Normandy, France.7.5Ten thousand tons of polylactic acidPLAThe project has officially launched the engineering design and front-end engineering design.FEEDThe project has moved from the planning stage to substantial construction. Previously, the company had...2024Year11Monthly completionFirst round120010 million euros financingInject key funds to advance the project.FuterroEstablished in2007Year, is the second largest polylactic acid (PLAManufacturer, with business covering the entire chain of lactic acid fermentation, polymerization, and recycling. The company has established a presence in Bengbu, Anhui, China.10The 100,000-ton capacity (Fengyuan Biotech) will further consolidate its technological leadership position in this European project.

4.8Double!NatureWorksLaunchPLANew Product

Recently, NatureWorksAnnounce the launchIngeo™ Extend Platform andIngeo Extend 4950D Product for biaxially oriented polylactic acidBOPLAThe production of films has brought about innovative changes and shows great application potential in fields such as food packaging.Ingeo Extend 4950D Based on a brand newIngeo™ PLA Developed from a polymer platform.BOPLA The thin-film production process demonstrates outstanding advantages. For machinery originally designed for the production of polypropylene and other polymers, usingIngeo Extend 4950D After that, biaxially stretched film manufacturers can achieve up to7 The horizontal stretching feature not only significantly enhances production efficiency but also greatly reduces production costs. Taking production scenarios such as coffee capsules, candy packaging, and single-serving food packaging bags as examples, this product holds significant value in optimizing production processes and controlling costs.

 5.China's polypropylene export starts strong: Year-on-year growth in the first two months+34.95%

2025Year2In which month did China's polypropylene export volume...23.8710,000 tons, month-on-month+39.26%，2025Year1-2Monthly cumulative export volume is41.01Ten thousand tons, year-on-year+34.95%Due to the accumulation of inventory during the holiday period, coupled with supply pressure, the domestic market price center has declined. Additionally, the significant appreciation of the exchange rate and the strong currency incentive policies for exports have boosted domestic companies' export sentiment.2The monthly export quantity has significantly increased.20253In the month, China's polypropylene export volume is expected to be34Near ten thousand tons, month-on-month increase.42.44%

6.LyondellBasell announces Houston propylene expansion project.

3Month27On that day, according to LyondellBasell (LYBThe company will invest in the expansion of its facilities located near Houston.Channelview2025The construction is expected to commence in the third quarter of the year.2028The device is expected to be put into production by the end of the year, with an annual output of approximately.4010,000 tons of propylene. The new reaction unit will use olefin metathesis technology to convert ethylene into propylene, which will further be used to produce polypropylene and propylene oxide. These are essential basic materials in daily life, widely used in industries such as food packaging, medical devices, automotive parts, aircraft de-icing fluids, building insulation materials, home decoration mats, and communication equipment.

7.European industry associations call for strict limits on imported recycled plastic materials.

European Plastics Recycling Association (EPRC)PRE）Recently issuedPREChairmanTon EmansIt is emphasized that the EU should quickly introduce import controls and implement existing regulations to restrict the import of recycled plastic materials that do not meet EU sustainability and safety standards. The EU's plastic recycling industry is on the brink of collapse. Cheap imported materials exacerbate the impact of rising energy prices and plastic recycling costs on EU recycling companies.PREThe data shows that.2023Since the beginning of the year, the plastic recycling capacity in the EU has shown a sharp decline.2024The total capacity scale of bankrupt recovery enterprises for the year is relatively.2023The year doubled.

8.New progress! Berry International has expanded.B Loop Packaging Series

Berry Globalannounced the expansion of itsB CircularSeries of standard packaging solutions. The company is designed for recycling and is expanding its range in the home and personal care market. Users can now access cost-effective and more sustainable packaging solutions. This expansion includes35PCRPlastic production products, from30%To100%The series includes specific packaging made from polypropylene, which can be enhanced through Berry's proprietary methods to further improve recyclability.CleanStream

9.Endeavor 3DLaunchHPPA12 Flame retardant, suitable for electronic or electrical component enclosures.

Endeavor 3D Announce the launchHP PA 12 FRThis is a halogen-free material, and the powder can be reused.60%。Endeavor 3D It is one of the first contract manufacturers in North America to provide this high-performance material, having been validated and approved by HP for use.Multi Jet Fusion （MJF） 3D Endeavor 3D This demonstrates that the adoption has further strengthened its commitment to providing industrial-grade components for professional applications in the electrical, robotics, and industrial sectors.

10.Chery Automobile plans to invest in Turkey.10Billion dollars to build electric vehicle factory, annual production capacity.20ten thousand vehicles

According to Bloomberg, Chinese automaker Chery Automobile will invest in Turkey. 10 billion US dollars (approximately at the current exchange rate)72.62 Chery will invest 1 billion yuan (RMB) to build an electric vehicle factory. The Turkish Ministry of Industry announced this investment on Wednesday. Chery will establish a new factory in Samsun, Turkey, to produce electric vehicles and components, with an expected annual production capacity of...20 ten thousand vehicles.

Overseas macro market information:

The new tariffs will take effect on April 2. White House aide Will Scharf explained that the new tariffs will apply to "foreign-manufactured cars and light trucks," which are additional tariffs beyond the existing ones. Since most cars are composed of parts from different countries, the full details of the new tariff announcement remain unclear. Scharf estimates that the new tariffs will generate over $100 billion in new revenue for the United States each year.