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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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Sumitomo Chemical Announces Organizational Restructuring! EU Releases Provisional Agreement on End-of-Life Vehicle Regulation
International News Briefing: Major Corporate News: Sumitomo Chemical Announces Organizational Restructuring; Battery Materials Division to Be Disbanded Automotive News: EU Reaches Provisional Agreement on End-of-Life Vehicle Regulation; Chemical Recy
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European Chemical Industry Under Pressure; Dow Releases Leak Incident Report; Canada Launches Import Quotas for Chinese Electric Vehicles
International News Digest: Major Company News 31,000 Pounds of Carcinogen Leaked! US CSB Releases Final Investigation Report on Dow Chemical Ethylene Oxide Incident Raw Material News Injection Stretch Blow Molding (ISBM) Enables Lighter HDPE Bottles
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【Honda Suddenly Implodes 】On March 12, Honda Motor announced that it expects an operating loss of ¥270 billion to ¥570 billion for fiscal year 2025 (April 2025–March 2026), revising downward from its prior forecast of ¥550 billion in operating profit; it also expects a net loss of ¥420 billion to ¥690 billion (approximately RMB 11.6 billion to RMB 24.7 billion), revising downward from its prior forecast of ¥300 billion in net profit. The company also announced on the same day that it had canceled the development and launch plans for some of its U.S.-made electric vehicles. It is expected that the total costs and losses from reevaluating its electrification strategy could reach up to 2.5 trillion yen (approximately RMB 108.2 billion). It is reported that this is Honda Motor's first annual loss since its launch.
2026-03-12 18:03:05 -
【Tesla AWE Shows Upcoming Third-Generation Robot 】At AWE 2026, Caiyun News reporter saw Tesla showcasing the Cybertruck and the humanoid robot (Tesla Bot). According to the staff on site, the humanoid robot on display is the third-generation model, and the final version may have minor differences from the one on display. This will be Tesla's first mass-produced robot model, with production planned to start in late 2026, and a long-term production capacity of 1 million units.
2026-03-12 15:06:10
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