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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
Plastmatch Global Digest -
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
Plastmatch Global Digest -
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
Plastmatch Price
1,875
Current Leads200,562
All-Time LeadsPost Sourcing Requests
1,860
Current Supply189,105
All Supply
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【Sumitomo bakelite: Fourth-Quarter High-Performance Plastics Revenue at ¥28.229 Billion, Accounting for 34.41% 】住友电木In its Q4 FY2026 earnings report, the company disclosed that its main business revenues were led by high-performance plastics, semiconductor-related materials, and lifestyle-related businesses, amounting to ¥28.229 billion, ¥27.784 billion, and ¥25.779 billion, respectively, accounting for 34.41%, 33.87%, and 31.42% of total revenue.
2026-05-11 15:43:31 -
【塑新科技获A+轮融资,推进PET生物酶再生技术 】May 2026深圳塑新科技有限公司完成A+轮融资,由赋远投资领投、仁爱资本Co-investment. The company focuses on R&D of enzymatic recycling technologies for PET high-molecular-weight materials, achieving closed-loop circular utilization of waste PET flakes (e.g., discarded PET bottles) through efficient degradation. Proceeds from this financing round will be used for constructing a pilot production line, optimizing enzyme formulation processes, and expanding the team.Suxin Technology成立于2022年,核心团队来自合成生物学与高分子材料领域,目前已实现再生PET切片rPET纯度达99.8%,符合食品级应用标准。
2026-05-11 15:24:13
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