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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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【BASF Raises Prices For Antioxidants And Light Stabilizers Used In Plastics, Maximum Increase Reaches 25% 】Chemical giantBASFAnnouncing that it will use its global portfolio to The prices of antioxidant, processing stabilizer, and light stabilizer products have been further increased, with the highest increase reaching 25%.BASFIt is indicated that this price adjustment is due to the significant increase in raw material prices, energy, and logistics costs caused by the military conflict in the Middle East.
2026-04-27 15:15:57 -
【Mitsui, Idemitsu, and Sumitomo Polyolefins Merger Approved 】Mitsui Chemicals, Idemitsu Kosan, and Sumitomo Chemical entered into a basic agreement on September 10, 2025. The three companies plan to integrate the polyolefin (PO) business operated by Prime Polymer Co., Ltd. (“PRM”), a joint venture between Mitsui Chemicals and Idemitsu Kosan, with Sumitomo Chemical’s domestic polypropylene (PP) and linear low-density polyethylene (LLDPE) businesses. On April 24, 2026, the involved companies officially received notification from the Japan Fair Trade Commission confirming that it would not issue a cease-and-desist order regarding this integration, thereby formally approving the transaction.
2026-04-27 14:09:42
