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Borouge International Delays IPO Until Next Year! ERA Partners with East African Leader! BASF Expands in China
International News Briefs: Raw Materials: ADNOC and OMV Delay $60B Abu Dhabi Petrochemical Giant IPO Packaging: ALPLA Celebrates Opening of New Plant in the Philippines Food: Boxon Launches First Food-Grade rPET Flexible Bulk Bags, Accelerating Flexi
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Boxon Launches First Food-Grade rPET Flexible Bulk Bag, Accelerating Soft Packaging Circular Economy
French packaging company Boxon has launched the industry's first recycled PET (rPET) bulk bag to receive direct food contact certification, marking a significant breakthrough in the circular economy for flexible packaging. This new rPET bulk bag (als
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XRG To Acquire Covestro Via Squeeze-Out Tender Offer
XRG Public Joint Stock Company, Abu Dhabi, United Arab Emirates (hereinafter referred to as “XRG”), has submitted a formal application to the Management Board of Covestro AG (Securities Identification Code: DE0006062144 / German Securities Identific
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Xpeng Motors Establishes Robotaxi Business Unit, Plans to Launch Passenger Demonstration Operations in the Second Half of the Year
On March 23, according to Cailian Press, XPeng Motors established a Robotaxi Business Unit today to oversee its Robotaxi operations.Product definition, project integration, R&D testing, and operations workThis department operates under a lightwei
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East China Recycled Material Market Remains Stable, Shanghai Recycled PE Quoted At USD 3,300–6,800
Summary: Morning prices for the recycled plastics market in East China on March 23! The East China recycled plastics market remained stable. Recycled PE in Shanghai was quoted at 3,300–6,800 RMB/ton, recycled EPS in Shandong at 4,050–5,750 RMB/ton, a
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Current Leads182,394
All-Time LeadsPost Sourcing Requests
1,962
Current Supply170,854
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【Israeli Haifa Refinery Attacked and Catches Fire 】According to Israeli media, a fire broke out at the Haifa oil refinery in northern Israel today (March 30). (CCTV International News)
2026-03-30 18:15:11 -
【Qide New Materials: Revenue from Other Modified Composite Materials and Products Surges in 2025, Expanding into High-End Applications 】Wind Information reported on March 24 that an investor posed the following questions to Qidexin Materials based on the company’s 2025 annual report: 1. The revenue contribution of modified nylon declined significantly from 55.43% in 2024 to 41.96%, while the revenue share of “other modified composite materials and products” surged from 19.78% to 31.40%, representing a year-on-year increase of 71.94%. The gross margin for this category stands at only 18.72%, substantially lower than modified nylon’s 34.00%. Please clarify the specific products included in this category and explain the reasons behind such a dramatic growth. In response, Qidexin Materials stated on the investor interaction platform on March 30 that the company’s product mix continued to improve in 2025, with revenue from “Other Modified Composite Materials and Products” surging significantly, primarily driven by robust growth in high-end overseas household appliance specialty materials and specialty engineering plastics (e.g., PPS). This signifies the company’s expansion into higher-end application areas and a steady increase in the proportion of high-value-added products. Although gross margins for new products may fluctuate in the short term, this lays a solid foundation for the company’s stable long-term profitability growth.
2026-03-30 14:49:17
