Nanjing Julong (300644.SZ): Net profit for the mid-year report of 2025 is 57.3644 million yuan, an increase of 40.73% compared to the same period last year.

At the 2025 China (Zhengzhou) International Futures Forum on August 19, a relevant official from the Zhengzhou Commodity Exchange stated that they are actively promoting the opening of the polyester sector, including PTA options and futures and options for paraxylene, short fiber, and bottle-grade PET, as specific products to the international market. Currently, nearly 800 overseas clients from 33 countries and regions, including Hong Kong, Singapore, the United Kingdom, and the United Arab Emirates, have opened accounts with the Zhengzhou Commodity Exchange.

Recently, global polyurethane giant Covestro issued a warning to its customers that the supply tightness of TDI (toluene diisocyanate) will continue to worsen.According to the latest notice, on top of the already significant supply reduction, Covestro will further cut its supply to the Chinese market by 15% in August.Covestro clearly stated in the notice that contract customers, especially those who are behind on their rebate agreements, should make reasonable arrangements in advance for the coming months. The notice specifically emphasizes that the company will no longer accept any unplanned additional orders, and there will not be sufficient resources in the fourth quarter for customers to rush to meet their rebate targets.

August 15th,Amway shares announced that the remaining two dry-process production lines of its controlled subsidiary, Amway (Vietnam) Material Technology Co., Ltd., have completed equipment debugging and trial production, and have been officially put into operation. With all four dry-process production lines in Amway Vietnam now fully operational, they will achieve an annual output of 18 million meters of polyurethane synthetic leather and composite materials upon full capacity. This marks a new step in the company's capacity layout in the Southeast Asian market.

On the 15th local time, despite being extended by one day, the latest round of global negotiations on plastic pollution governance still failed to reach a consensus. This round of United Nations talks was supposed to be the final round of consultations, aiming to formulate the first legally binding international agreement on plastic pollution (including marine plastic pollution) management. However, just like the meeting held in South Korea last year, the negotiations once again failed to yield results. Reportedly, the talks reached an impasse over key issues such as whether to limit the exponential growth of plastic production and whether to impose globally legally binding restrictions on toxic chemicals used in plastic manufacturing.

On August 7, the Turkish Ministry of Trade issued Announcement No. 2025/27, stating that upon the request of Turkish producers, an anti-dumping first sunset review investigation has been initiated on plastic pacifiers, plastic baby bottles, breast pumps, and other breastfeeding and nursing products originating from China and Thailand. During the investigation period, the existing anti-dumping duties will remain in effect. The announcement is effective from the date of publication.

On August 1, 2025, the U.S. Department of Commerce announced the initiation of the third sunset review anti-dumping investigation on imports of polyethylene terephthalate film, sheet, and strip from China and the United Arab Emirates. Simultaneously, the U.S. International Trade Commission (ITC) initiated the third sunset review industry injury investigation on imports of polyethylene terephthalate film from China and the United Arab Emirates to determine whether revocation of the existing anti-dumping measures would likely lead to the continuation or recurrence of material injury to the U.S. domestic industry within a reasonably foreseeable period. Interested parties must register with the U.S. Department of Commerce within 10 days of this announcement. Interested parties must submit their responses to the U.S. International Trade Commission by September 2, 2025, and submit comments on the adequacy of these responses to the U.S. International Trade Commission no later than October 10, 2025.

Toyobo will hold an earnings meeting on August 7th, during which it is expected to announce its first quarter earnings for the period ending June 30, 2025.The company is a Japanese manufacturing company operating five business divisions. The Films and Functional Polymers Division provides packaging films, industrial films, industrial adhesives, engineering plastics, and optical functional materials. The Industrial Materials Division offers automotive textile materials, high-performance fibers, functional filters, and nonwoven fabrics. The Life Sciences Division provides biotechnology products, such as enzymes used in diagnostic reagents.

On August 7, at the investor interaction platform, Taihe New Materials stated that the company currently has no plans for PEEK research and development, but does have plans for the research and development of fiber-reinforced composite materials.

On August 7, China Resources Materials responded on the investor interaction platform that the company currently has no plans to develop PEEK materials.

PEEK material concept continues to be strong, Kai Sheng New Materials, Hua Mi New Materials, Xin Han New Materials, Fu Heng New Materials, Hui Tong Shares and other stocks opened higher.

On July 30, the Department of Foreign Trade of the Ministry of Commerce of Thailand issued an announcement stating that, in response to an application submitted by domestic enterprises, it has initiated an anti-dumping investigation on biaxially oriented polyamide film (BOPA) originating from mainland China, Taiwan region of China, and Indonesia. The products involved are under Thai customs code 3920.92.10. Stakeholders shall submit their case comments and evidence materials in writing within 30 days from the date of the announcement.

On July 28, 2025 local time, the European Union officially announced its final ruling: the regulation "Imposing Definitive Anti-Dumping Duties on Imports of Epoxy Resin Originating in the People’s Republic of China, the Taiwan Region of China, and Thailand, and Terminating the Investigation on Epoxy Resin Originating in South Korea" officially comes into effect. Previously, in July 2024, the European Commission formally initiated an anti-dumping investigation, with the complainant being a “provisional alliance” formed by domestic epoxy resin producers in the EU. In February 2025, the EU began imposing provisional anti-dumping duties on epoxy resin imported from Mainland China, Taiwan, and Thailand.

On July 18, 2025, the Secretariat of Foreign Trade of the Ministry of Development, Industry, Trade and Services of Brazil issued Notice No. 56 of 2025, stating that a public interest assessment procedure for anti-dumping measures on polyether polyol with a molecular weight between 300 and 4500 g/mol and a purity of no less than 90% (including mixtures with a concentration of no less than 90%) originating from China and the United States has been initiated. The notice takes effect from the date of its publication.

On July 22, Japan's AGC Inc. officially announced that it has reached an agreement with Sumitomo Bakelite Co., Ltd. to transfer its polycarbonate business to Sumitomo Bakelite. For AGC Inc., this transfer does not mean abandoning the polycarbonate business, but rather finding a more suitable environment for its development based on the company's overall strategic layout.

Arkema and its affiliate PI Advanced Materials have announced the launch of a new brand name for their flagship high-performance polyimide product: Zenimid™. This move marks an important step in PI Advanced Materials' commitment to expanding its product range's global reach across multiple markets, including aerospace, automotive, electronics, and industrial sectors.

At today's regular press conference of the Ministry of Foreign Affairs, a reporter asked about the latest statement on the White House's official website, which indicated that due to China's retaliatory measures, the U.S. has increased tariffs on China to 245%. In response, Foreign Ministry spokesperson Lin Jian stated that for specific tariff rates, you may ask the U.S. side. China has repeatedly clarified its firm stance on the issue of tariffs. This tariff war was initiated by the U.S., and China has taken necessary countermeasures to safeguard its legitimate rights and interests as well as international fairness and justice, which is completely reasonable and lawful. There are no winners in a tariff war or trade war. China does not wish to fight, but will never shy away from it.