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【Overseas News】Evonik Q2 Earnings Decline! Apple Reports Earnings Far Exceeding Expectations; Automotive Giants Face Protests Over Salary Cuts and Layoffs
Headline Summary: Raw Material News-.Evonik Release2025Second Quarter Financial Report: Performance Impacted by Declining Demand Automotive News-ZF announces major layoffs and salary cuts!1.2Tens of thousands of employees protest in the streets Packaging News-BioLogiQ 500USD 10,000 support, focusing on innovation and R&D in fresh food packaging Medical News-French medical mold manufacturerJBTGroup AcquisitionD&M Plastics Electronic News- 2025Fiscal year No.3Quarterly Financial Report Release:iPhoneSales breakthrough30 Billion China region resumes growth Architectural News-Oriental Yuhong intends8.8A billion yuan acquisition of a leading company in Chile's building materials retail sector. Macroeconomic News-Japan insists that the United States comply with the bilateral agreement and urges an immediate reduction of tariffs on automobiles and auto parts. Price Information-Ethylene Asia:CFRNortheast Asia820 / CFRSoutheast Asia830 / The following are the details of international news: 1.Evonik releases2025Second Quarter Financial Report: Declining Demand Impacts Performance In the increasingly challenging economic environment, Evonik Industries2025Adjusted EBITDA for the second quarter of the yearEBITDA 5.09100 million euros, a decline from the strong performance in the same period last year.12%In the second quarter, more than half of the decline in sales was due to unfavorable exchange rate fluctuations and the divestment of the superabsorbent polymer business, which was still part of Evonik in the same period last year. Sales volume declined year-on-year.4%The overall product prices remained stable. Sales performance of C4 chain products was below average. Polyamide12The production facility maintenance downtime for such products exceeded expectations, which also had a certain impact on sales. Evonik expects that if the global economy does not deteriorate further,2025Annual full-year adjustmentEBITDAWill reach the forecast interval (20 23The lower limit of 100 million euros. 2.The United States imposes the largest-scale sanctions on Iran! Involving a Chinese port company. Recently, the United States Department of the Treasury's Office of Foreign Assets Control announced sanctions against Iranian businessman Mohammad.Sanctions imposed on the shipping network controlled by Hossein Shamkhani.50Multiple entities and individuals as well as50Multiple oil tankers and container ships. This is since2018This is the largest scale of sanctions imposed by the U.S. government on Iran since the "maximum pressure" campaign. It is reported that in this sanction action, the U.S. Department of State has specifically targeted Zhoushan Jinrun Petroleum Transfer Co., Ltd. in Zhoushan, Zhejiang, China.Zhoushan Jinrun Petroleum Transfer Co., Ltd.…was separately included in the sanctions list, on the grounds of allegedly providing transshipment and transfer services of crude oil and refined oil products for Iranian oil tankers. 3.Teijin's bio-based polycarbonate(PC)Used for making organ pipes, exhibited at the Osaka Expo in Kansai, Japan. Teijin Limited announced its use of biomass-derived...Polycarbonate(PCResin-molded pipes have been used to manufacture the world's first bioplastic pipe organ. These transparent pipes are produced by a plastic molding company under Teijin Limited.Teiyo Co., Ltd.Manufacturing. This innovative organ will be2025 8 19 25During the Expo 2025 Osaka, Kansai, Japan, at the Osaka Pavilion for Medicine and Healthcare"Rebirth Challenge"The exhibition area is on display. 4.Oriental Yuhong plans to8.8Billion-yuan acquisition of a leading company in Chile's building materials retail sector 7 31In the evening, Oriental Yuhong announced that its wholly-owned subsidiaries, Oriental Yuhong Overseas Development Company and Oriental Yuhong International Trading Company, plan to jointly invest approximately [amount] of their own funds.1.23hundred million USD (approximately8.8(100 million RMB) to acquire the counterparty’s holdings in ChileConstrumart S.A.100%Equity. After the completion of the transaction, Oriental Yuhong Overseas Development Company will holdConstrumart 99%Equity will be held by Oriental Yuhong International Trade Company.Construmart1%Equity. This transaction does not constitute a related-party transaction, nor does it constitute a major asset restructuring. According to the announcement,ConstrumartWithin the territory of Chile, there are approximately31Home Building Materials Supermarket mainly sells construction auxiliary materials, structural building materials, timber, flooring, bathroom and kitchen products. It has now developed into a leading enterprise in the building materials retail sector in Chile. 5.French medical mold manufacturerJBT Group AcquisitionD&M Plastics French medical mold manufacturerJBTGroup (Groupe JBThas acquired an injection molding company located in Burlington, IllinoisD&M PlasticsThe company mainly serves the healthcare sector.JBTThe acquisition announced by the group earlier this month will enable it to provide reliable localized services to its North American customer base, especially in...ISO 7The production requirements of the cleanroom class.D&M PlasticsHerebyJBTAmerican companyJBT USA Operated in name only. 6.BioLogiQ 500 $10,000 support, focusing on innovation and research and development in fresh food packaging. Specialized Vision8 1News of the day,BioLogiQ Through the United States Department of Agriculture Foreign Agricultural Service (USDA Foreign Agricultural Service Clemson UniversitySet up500 The Sustainable Packaging Innovation Lab, established through the Specialty Crop Export Assistance Program, has received grant funding.BioLogiQ The collaboration with Clemson University will develop and commercialize advanced packaging solutions to help American farmers meet the evolving global packaging and trade standards. The project will focus on flexible films, tray wrap films, and protective packaging for fruits, vegetables, nuts, and specialty leafy greens. 7. 2025Fiscal year number3Quarterly Financial Report ReleaseiPhoneSales breakthrough30Hundreds of millions: Growth resumes in the China region 8 1According to today's news, Apple announced as of today.6 28 2025The financial report for the third quarter of the fiscal year showed that revenue for the quarter reached a record high since...2021 12The largest increase since the beginning of the month. The financial report shows that Apple's total revenue for the third fiscal quarter...940.4Billion USD, year-on-year growth10%, net profit reached244.3100 million USD, year-on-year growth9%It is worth mentioning that Apple's revenue in China for this quarter was153.69Billion US dollars, compared to the same period last year147.28Billion-dollar growth4%Ended the decline of the first two quarters and resumed growth. 8. ZF massive layoffs and salary cuts!1.2Ten thousand employees protest on the streets ZF Group, a renowned automotive parts supplier from Germany. Japan announced plans to...2028By the end of the year, approximately [number] layoffs will occur nationwide in Germany.11000 14000People. This is the largest layoff plan in the company's history.,Most of the layoffs will come from the production department, including employees from the R&D department. In response to the austerity policy and layoff plan, more than across Germany1.2Ten thousand employees took to the streets to protest the board's plan to further cut thousands of jobs and continue suppressing wages, said the chairman of the ZF General Workers' Union.Achim DietrichIt is revealed that if the employer demands full implementation, employees will have to forgo their entire annual salary.25% 30%Measures include shortening working hours, canceling one-time bonuses, and cutting benefits beyond standard levels, with significant variations across regions and positions. Overseas Macroeconomic Market: The Japanese government and the automobile industry exchanged views on US tariffs. NHKAccording to the report, on the same day, Japanese Prime Minister Shigeru Ishiba met with leaders of multiple Japanese automobile industry groups to exchange views on the Japan-US tariff agreement. The Japanese automobile industry groups requested the Japanese government to provide support for the supply chain and to formulate policies to stimulate domestic demand. Masanori Katayama, Chairman of the Japan Automobile Manufacturers Association and President of Isuzu Motors Ltd., expressed the hope that the Japanese government would continue dialogue with the United States to further reduce tariffs. Japan insists on the United States fulfilling bilateral agreements and urges the immediate reduction of tariffs on automobiles and auto parts. 8 1At a press conference, Japan's Chief Cabinet Secretary Yoshihide Hayashi stated that Japan will continue to demand that the United States fulfill the bilateral agreements reached, including reducing tariffs on automobiles and auto parts. Hayashi emphasized:“U.S. President Trump has signed an executive order based on the U.S.-Japan agreement to lower bilateral tariffs.15%……The Japanese government still insists that the US side take immediate action to implement the terms of the agreement, especially regarding the reduction and elimination of tariffs on automobiles and auto parts.” The European Union has launched an anti-dumping investigation into Chinese polyamide yarn. 7 29The European Commission announced the initiation of an anti-dumping investigation on polyamide yarn originating from China. The period of the dumping investigation is2024 7 1 2025 6 30The damage investigation period is as follows:2022 1 1The investigation period for dumping has ended. The preliminary ruling in this case is expected on7Within months, not exceeding the maximum.8months. Japan plans to raise the minimum wage to a record high again. A panel of Japan's Ministry of Labor plans to recommend raising the national average minimum wage by about __ for the current fiscal year.6%This will be the first since2002The largest increase since the beginning of the year. The agency added that the proposed hourly raise is approximately1118Japanese Yen7.43...USD), will exceed last year.5%The increase is the largest since the implementation of the current system, but no source was cited. The Japanese Prime Minister, Shigeru Ishiba's government, set a target last year to...2020Increase the average minimum wage annually42%Reach per hour1,500Yen. Price Information: Renminbi to US Dollar Central Parity Rate The central parity rate of RMB to USD is reported as7.1496, downgrade2Point; previous trading day's central parity rate7.1494The official closing price of the previous trading day7.1930The overnight session closed higher.7.1998。 [Upstream Raw Material USD Market Price] Ethylene Asia:CFRNortheast Asia820 / CFRSoutheast Asia830 / Propylene Northeast Asia:FOBSouth Korea average price730 / CFRAverage price in China770 / North Asia CFR price, propane502-509 /Ton; butane472-479 / South China Frozen Goods8CFR (Cost and Freight) under the moonlight, propane540-550 /Ton; butane510-520 / CIF price of frozen goods in Taiwan region, propane502-509 /Ton; Butane472-479 / 【LLDPEMarket Price in USD Thin film:860-920 / CFRHuangpu); Injection Molding:940 / CFRDongguan); 【HDPEMarket price in USD Thin film:910 / CFRHuangpu). Hollow:855 / CFRHuangpu); Pipe material:1030 / CFRHuangpu) 【LDPEMarket price in USD Film1070-1095 / CFRHuangpu); Coating:1280 / CFRHuangpu). 【PPMarket price in US dollars Homopolymer:910-965 / CFRHuangpu), rise10 / Copolymerization:920-975 / CFRNansha); Transparency:995-1055 / CFRHuangpu), declined5 / Pipe material:1160 / CFRShanghai).
Plastmatch -
AIIMPLAS Develops Sustainable Flame Retardant Composites
People are increasingly concerned about the environmental impact of key industrial sectors, especially in fields such as construction and transportation, where obtaining materials with good mechanical properties, lighter weight, and higher fire resistance plays a crucial role. In this context, the Plastics Technology Center AIMPLAS is carrying out two projects funded by the Valencian Institute of Competitiveness and Innovation (IVACE+i) and supported by the European Regional Development Fund (ERDF) to sustainably develop new flame-retardant coatings and composites to enhance safety in homes and transportation. Reduce the environmental impact of construction and transportation. On one hand, the main objective of the NEOCOMP project is to develop high-performance flame-retardant composites using advanced manufacturing technologies. This involves producing various parts through innovative industrial processes such as dry fiber placement (DFP) and additive manufacturing. These composites must not only deliver high performance in terms of mechanical strength, durability, and flame retardancy but also make significant contributions to reducing the environmental impact of construction and transportation. Specifically, NEOCOMP will develop flame-retardant thermoplastic adhesives for dry fibers, unidirectional dry fiber tapes for DFP, and continuous reinforced 3D tows. These new manufacturing methods will, on one hand, enable the efficient production of preforms with complex geometries, and on the other hand, will be capable of producing customized composite parts with improved mechanical properties, higher fatigue resistance, and excellent fire resistance. This will bring new opportunities to fields such as construction, automotive, and aerospace. Ziur Composites and IT3D are collaborating on this research to significantly reduce environmental impact and enhance the fire safety of key transportation and construction infrastructure. Flame-retardant coatings made from renewable materials On the other hand, the REFUGI project aims to develop phosphorus-based flame retardants using mechanochemical processes, representing a step towards more environmentally friendly methods. These flame retardants are being integrated into varnish formulations specifically designed for wood. The strategy aims to improve the fire resistance of coatings used in the construction sector. Carolina Acosta, Chief Researcher in Mechanochemistry and Reactive Extrusion at AIMPLAS, explained: "In recent years, the use of flame-retardant varnishes has increased because they offer finishes almost identical to any wood coating while providing greater fire resistance, delaying the spread and impact of fires. We are focusing on exploring different material sources to produce these flame retardants, prioritizing those that are renewable and recyclable." This study was carried out in collaboration with Omar Coatings and Decomader, aiming not only to improve the efficiency of flame retardant production but also to reduce the environmental impact associated with the manufacturing and application of flame retardants. "The application of mechanochemistry in the production of these compounds represents an innovative and promising approach, expanding the possibilities of green chemistry and sustainable manufacturing. We are looking for innovative methods to synthesize flame retardants using processes that minimize solvent use, require fewer resources and reaction time, and maximize efficiency. Additionally, we are researching coating application techniques to enable flame retardants to be distributed evenly and effectively on wood substrates," Acosta added. These two projects are part of the IVACE+i funding program, which is carried out in collaboration between the technology centers and companies of the Valencian Community, intended for non-economic R&D projects in 2024, funded by the EU ERDF under the 2021-2027 operational program.
Plastmatch Global Digest -
10 Billion Yuan Modified Plastics Project Reaches About 60% Completion
On August 1st, it was reported that recently, the expansion and renovation project of Xianyou Intelligent Manufacturing New Materials, located in the Xianyou Economic Development Zone, is being vigorously advanced. The project is being constructed at a rapid pace, adding strong momentum to the industrial upgrading of the area. As a key municipal project, the Xianyou Intelligent Manufacturing New Materials Expansion Project is a crucial supporting project in the upgrading process of the Xianyou footwear and apparel industry. This project is invested by Xianyou Xiesheng Intelligent Manufacturing Technology Co., Ltd., with an investment of 1 billion yuan. It covers an area of 56.79 mu and plans to build five standardized factory buildings, one inspection and testing center, and one employee dormitory building, with a total construction area of 58,000 square meters. The construction is divided into two phases. It is understood that at present, three main buildings of the project have already taken shape, with the structure of one building having been topped out. On-site project manager Yan Yanhua introduced: "The dormitory building has now entered the stage of internal wall construction and plastering, with the renovation work expected to be completed by the end of this year; additionally, two factory buildings have completed the concrete work for second-floor beams and slabs in certain areas, with plans to achieve topping out in September and complete renovation by the end of the year." It is understood that the overall progress of the project is currently about 60%, and the first phase of the project is expected to be fully completed by early next year. According to the Color Masterbatch Industry Network, once the project is completed, it will introduce internationally advanced production equipment such as 3D digital image printers and computerized pattern machines, establishing a core production capacity of 4,800 tons of modified plastics and 1.44 million pairs of rubber soles annually. Meanwhile, the project will also build a close upstream and downstream industry chain collaboration with local footwear and apparel enterprises in Xianyou, providing solid support for the clustered development and high-quality upgrading of Xianyou's footwear and apparel industry. It is worth noting that the newly developed outsole material of the project, characterized by its recyclable and biodegradable green and environmentally friendly features, has been recognized by both the European and American markets as well as well-known domestic brands, and has received related orders.
Color Masterbatch Industry Network -
France's Medical Mold Manufacturer JBT Group Acquires D&M Plastics
French medical mold manufacturer Groupe JBT has acquired D&M Plastics, an injection molding company based in Burlington, Illinois, which primarily serves the healthcare sector. This acquisition, announced by Groupe JBT earlier this month, will enable the company to provide reliable localized services to its North American customer base, particularly in meeting ISO Class 7 cleanroom production requirements. D&M Plastics will now operate under the name JBT USA. Headquartered in Morangis, France, the family-owned company JBT specializes in the design and manufacturing of precision injection-molded components for the healthcare sector. With facilities in France, Hungary, Mexico, Tunisia, and now the United States, the company has established an integrated value chain covering everything from mold making to final assembly. D&M Plastics was established in 1972, equipped with more than 30 injection molding machines and an ISO Class 8 cleanroom. In addition to the medical technology field, the company also serves the electronics, automotive, and defense industries. JBT Group stated on LinkedIn that with its business presence in the United States, the group currently has seven class 7 and class 8 cleanrooms globally, further consolidating its position as a trusted global partner for pharmaceutical laboratories and contract design and manufacturing organizations.
Plastmatch Global Digest -
Arkema Launches New Brand Name ZENIMID™ for Its Ultra-High Performance Polyimide Product Line
Arkema and its subsidiary PI Advanced Materials announcedIts flagship high-performance polyimide product line is launched under the new brand name "Zenimid™".。This move marks PI High-Tech Materials Company's commitment to expanding its product range inAerospace, automotive, electronics, and industrialAn important milestone in global influence across multiple market sectors. Zenimid™ polyimide materials are designed for the most demanding applications, deliveringExcellent dimensional stability, flexibility, heat resistance, chemical corrosion resistance, and electrical insulation.The material is supplied in various forms such as films, slurries, and preforms. Some of its applications include flexible printed circuit boards (FPCB) and thermal interface sheets in smart devices, battery management systems (BMS), and 5G infrastructure. PI Advanced Materials Co., Ltd.The world's first manufacturer of unstretched 4-micron ultra-thin polyimide filmThe global polyimide film market holds the number one market share. "The name 'Zenimid™' is a combination of 'Zenith' and 'Polyimide,' symbolizing PI Advanced Materials Co., Ltd.'s commitment to delivering top-notch polyimide performance," said HeeJoon Ham, the Chief Financial and Strategy Officer of PI Advanced Materials Co., Ltd. "The launch of the Zenimid™ brand signifies that this product line has evolved into an independent brand known for its cutting-edge innovation and durability. This strategic initiative will help us communicate the unique value of our products to customers more clearly, further driving its continued growth in the global market." After Arkema acquired 54% of PI Advanced Materials, Zenimid™ polyimide has strengthened Arkema’s high-performance polymers portfolio, whose flagship products includeRilsan® PA11、Rilsamid® PA12、Pebax® TPE、Kynar® PVDF、Orgasol®PA12 powder and Kepstan®PEKK material。
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【US Suspends De Minimis Exemption for Low-Value Goods 】According to CCTV News, on July 30 local time, the White House issued a statement saying that U.S. President Trump signed an executive order suspending the minimum duty-free treatment for low-value goods. It is declared that from August 29 onwards, items sent by means other than the international postal networkImported goods valued at or below $800 that originally qualified for the minimum de minimis exemption will be subject to all applicable duties.For goods transported through the international postal system, parcels will be subject to customs duties levied either ad valorem or specific tax.
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