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China Lifts Additional Tariffs on Some Canadian Imports! Lotte Chemical to Shut Down 1.1M TPY Ethylene Plant
International News Highlights: Raw Material News: 1.1 Million TPY Ethylene Plant to Be Shut Down Additive News: Avantium Partners with Will & Co to Advance FDCA Applications in Coatings, Adhesives, Sealants and Elastomers Equipment News: Brü
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BASF Raises Prices! Nova Chemicals Expands Recycled PE Lineup! South Korea, UAE Sign $35B Defense MOU
International News Highlights: Raw Material News: BASF Announces MDI Price Hike in ASEAN Region Automotive News: MG Becomes First Chinese Auto Brand with 1M+ Cumulative Sales in Europe Electronics News: Nova Chemicals Expands Recycled PE Portfolio, S
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U.S. Considers New Tariffs on Six Industries! Celanese Reports Earnings Decline; Li Auto Joins EUCCC
International News Highlights: Raw Material News: Celanese Officially Opens Michigan Tech Center to Boost R&D on TPV, PA and Other Engineering Plastics Automotive News: Li Auto Joins the European Union Chamber of Commerce in China Packaging News:
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Elkem Sells Silicone Business Assets! Combined Losses of 8 Major South Korean Petrochemical Firms Widen; Avient Announces Dyneema Capacity Expansion
International News Highlights: Raw Material News - Elkem Reaches Agreement to Sell Core Silicone Business Assets to BlueStar Automotive News - US Tariffs Hit Hard: Japanese Automakers Lose $13.7B in Profits Electronics News - Toray Achieves Breakthro
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Trump Revokes Greenhouse Gas Endangerment Finding! BASF TDI Unit to Undergo Maintenance; Avient Launches New Recycled Grades
International News Guide: Raw Material News: Trump Announces EPA Officially Revokes “Greenhouse Gas Endangerment Finding” Building Materials News: MIT Breakthrough: 3D-Printed Recycled Plastic Floor Trusses Support Over 4,000 Pounds Packa
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【Zhengzhou Commodity Exchange Propylene Main Contract Surges 5%, Dalian Commodity Exchange Plastic Main Contract Rises Over 4% 】The Zhengzhou Commodity Exchange's propylene main contract surged 5%, closing at RMB 6,530 per ton. The Dalian Commodity Exchange's polyethylene main contract rose over 4%, closing at RMB 6,860 per ton.
2026-03-02 14:48:01 -
【White House Orders Hold on $13 Billion Taiwan Arms Sale to Ensure Smooth Trump Visit to China 】On March 2, the Global Times reported that the U.S. had previously been revealed to be assembling a new arms sale package to the Taiwan region, potentially valued at up to $20 billion; however, this proposed arms sale has now stalled. According to a recent report by The New York Times, the total value of this arms sale package is approximately $13 billion. Although it has already entered the late stage of congressional review and approval, its advancement has been put on hold. As disclosed by The New York Times on February 27, the arms sale package was submitted by the U.S. Department of State in January to bipartisan senior members of Congress for informal review and received approval. It has since advanced to the later procedural stage, yet it has remained dormant at the U.S. Department of State. A U.S. official revealed that the executive branch had informed certain individuals involved in the review that the White House had directed relevant agencies to pause progress on the package to ensure the smooth conduct of the U.S. President’s upcoming visit to China.
2026-03-02 13:59:15
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