Three Consecutive Price Hikes Within the Year: Jindan Technology Announces Lactic Acid Price Breaks 10,000 Yuan

October 10thJindan Technology (300829) has issued a commercial price adjustment notice, raising the sales prices of its lactic acid series products (including lactic acid, lactates, etc.) by 8% from the effective date. The company stated that significant changes have recently occurred in the supply and demand dynamics of lactic acid and its core upstream raw materials, with the contradiction between sustained strong demand and phased supply tightness becoming increasingly prominent. After careful evaluation and comprehensive analysis, the company has made this decision to adjust prices.

Specialty materials solutions provider Trinseo and its European affiliates recently announced a price increase for all grades of their polystyrene (PS), ABS, and SAN resins. The adjustment will take effect on October 1, 2026, or in accordance with existing contract terms. The specific price increases are as follows: STYRON™ polystyrene resin: €310 per tonne; MAGNUM™ ABS resin: €210 per tonne; TYRIL™ SAN resin: €230 per tonne.

SK ChemicalsSK Chemicals announced on October 6, 2026, that it will establish a cooperative system for the circular economy of waste banners. Leveraging the “Waste Banner Disposal and Circular Economy Building” project proposed at the Creative Solverthon held in conjunction with the “Social Value Festa,” co-hosted by the Korea Chamber of Commerce and Industry and the Ministry of the Interior and Safety, SK Chemicals will formally collaborate with MOA, DAEHAN MEDIA, UPCLOTH, and the Resource Circulation Team of Seogwipo City, Jeju Special Self-Governing Province, to form the “Waste Banner Circular Resourceization Consortium.”

American chemical giantWestlake Corporation has announced the permanent closure of its polyvinyl chloride (PVC) plant in Cologne, Germany, with all production operations expected to cease by the first quarter of 2027.The Cologne plant has an annual PVC production capacity of approximately 165,000 metric tons and employs around 120 shop-floor workers locally. In connection with this, the company has recorded a total pre-tax charge of approximately $205 million, comprising roughly $100 million in cash restructuring expenses and about $105 million in non-cash impairments of fixed assets, which will be recognized in its financial statements in phases over 2026 and 2027.

Recently, Yuntianhua Petrochemical achieved a key technological breakthrough, marking a milestone in the global polyolefin industry: it successfully conducted trial production of medical-grade metallocene polypropylene using the Unipol gas-phase process for the first time worldwide. This breakthrough effectively resolves long-standing process compatibility challenges in the industry and provides a mature and viable pathway for advancing China’s polyolefin sector toward high-end applications and domestic substitution of critical new materials.