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BASF Announces Price Hikes, India Faces Severe Petrochemical Feedstock Shortage, Nissan to Cut Production at Kyushu Plant
International News Brief: Raw Material News: Clariant × Borealis × Sintef Join Forces: Convert Waste Plastic into Cracking Feedstock Petroleum News: India Falls into Petrochemical Feedstock Shortage Crisis Automotive News: Nissan to Cut P
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ADNOC Suffers Massive Production Shutdown! Basic Chemical Materials Prices Surge in South Korea! Technimark Acquires Rage to Expand Production Capa
International News Brief: Raw Material News: Neste commissions waste plastic pyrolysis oil upgrading facility in Finland Petroleum News: Oil giant ADNOC suffers sudden massive production shutdown Electronics News: US-Iran conflict impacts, basic chem
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LG Chem Declares Force Majeure on DOTP Exports! SABIC Joins Five Giants to Redefine EV Safety
International News Brief Feedstock: LG Chem declares force majeure on Di-Octyl Terephthalate (DOTP) export contracts. Recycling: US scientists develop new flexible plastic recycling technology for polypropylene and polyethylene. Automotive: A trillio
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Overseas News Highlights: Major Reversal! Iranian Military Says It Has Not Blocked the Strait of Hormuz! BASF, Dow, Polyplastics Announce Price Hikes!
International News Briefs Raw Materials News: BASF, Dow, Polyplastics-Evonik Announce Collective Price Increases! Automotive News: Honda Plans to Import Cars from China and the U.S. to Boost Domestic Sales in Japan Packaging News: 25% Weight Reductio
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DOMO Chemical Launches Recycled Polyamide! African Plastic Leader Secures Multi-Million Dollar Funding! Engel Showcases Drone Manufacturing Process
Global News Briefing Raw Materials-Nigeria’s Leading Recycled Plastic Firm Polysmart Secures $5 Million Strategic Investment Automotive-Turning Waste into Wealth: DOMO Chemical’s Recycled Polyamide Powers a Low-Carbon Future Electronics-R
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【PVC: Vinyl Production Cut And Export Increase Expected, Market Price Rises Amid Volatility 】 As of March 20, the domestic PVC market has been experiencing a volatile upward trend, with the price of SG-5 in East China around 5,690 yuan/ton, an increase of 77 yuan/ton from last week. The market is being supported on one hand by the continuous rise in ethylene prices, which has significantly increased the cost of ethylene-based PVC. On the other hand, there is an increasing expectation of overseas PVC production cuts, which presents opportunities for domestic exports. In the short term, with crude oil prices remaining high, support for PVC will continue. However, domestic demand is weak, and the high prices are not being effectively passed on to downstream, indicating that PVC prices are likely to continue in a strong but volatile trend.
2026-03-20 16:35:29 -
【Celanese Announces Price Increase for Engineering Materials Effective April 1 】Recently, Celanese, a global specialty materials and chemical company, announced that it will increase prices for a range of engineering materials products due to recent market developments and global supply chain disruptions, among other factors. This price increase will take effect on April 1, 2026, or as otherwise specified in the contract.
2026-03-20 11:31:22
