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【Overseas Highlights】US and Iran Reach Temporary Ceasefire! Eastman Announces Full-Line PETG Price Hike; Röhm Achieves Industrialization of PMMA Chemical Recycling

Plastmatch 2026-04-08 15:46:48

News Summary:

Raw Material News-Price Increase! Eastman Raises Prices in Europe, Middle East, Africa, and Asia PacificPETGProduct Price

Automotive News Highlights-China's car exports to Europe exceeded for the first time last year100Ten thousand units: Proportion increased to7%Korean and Japanese brands have stagnated.

Medical News-B. Braun dialysis tubing malfunctioned due to a change in plastic resin.FDA Issue an emergency warning

Other News-BASF,The Directive Collective ClarksJointly launched polyurethane concept shoes, showcasing the latest achievements in new material innovation.

Macro News-Iranian media disclose everything10Ceasefire clauses

Price Information-The central parity rate of the Chinese yuan against the US dollar is reported as6.8680, increase174

 

The following is the details of international news.

1.Price increase! Eastman raises prices in Europe, Middle East, Africa and Asia-Pacific regionsPETG

Eastman announced that starting from 2026 4 15 From the date (or as stipulated in the contract), for Europe, Middle East, and Africa,EMEA) and parts of the Asia-Pacific regionPETG The product implementation price increase. This price adjustment is an additional increase, i.e., on top of the existing price.2026 3 13 Announced on the day,4 1 The price increase will take effect on the basis of the previous day's price hike. This price adjustment applies to sales in the Asia Pacific and Europe, Middle East, and Africa regions.Spectar™、Eastar™、Drystar™、CadencePETG The copolyester products are mainly produced at Eastman's factory in Malaysia. The reason for the price adjustment is the increase in raw material procurement costs and the difficulty in supply at the Asian production base. Medical-grade and medical application products are not included in this price adjustment.

2.Under the Vitol GroupWPUAn advanced recycling plant will be built in the Port of Rotterdam.

Vitol Group, a global commodity trading giantVitol 4 7Waste Plastic Upcycling(abbreviation)WPU) plans to build an advanced recycling facility at the Port of Rotterdam, Netherlands. The facility will have an annual capacity to process post-consumer plastic waste of up to8Ten thousand tons, located next to the Vitol Group.VPRCrude oil refinery, which will adopt andWPU FårevejleFactory-consistent intermittent pyrolysis technology.FårevejleThe annual processing capacity of the factory is2Ten thousand tons, already2023Officially put into production in the year.

3.BASF,The Directive Collective ClarksJointly launching a polyurethane concept shoe, showcasing the latest material innovation results

4 7  BASFHand in Hand Design Studio The Directive Collective In collaboration with global footwear brandsClarks, jointly develop a new polyurethane (PUConcept shoes, and show withClarksco-launchedTRIEASEA shoe series. This project integrates BASF’s latest polyurethane innovations into a unified material system, demonstrating how advanced materials can support the development of future footwear.

4.Solsk launches a new generation of UV stabilizers, enhancing the value and service life of rotational molding products

4 7 Shisuoke (Syensqo) Grand LaunchCYASORB® CYASTABM5652 Light Stabilizer. This breakthrough solution is designed to enhance durability and appearance in rotational molding applications. This solid, pelletized ultraviolet (UV) stabilizer…(UV) Stabilizers provide twice the weather resistance and color stability compared to standard formulations.,It provides strong UV protection, higher safety assurance, and has obtained food contact approval.CYASORB® CYASTABM5652 It is already in production at Socomp's Zhenjiang plant. This not only enhances supply reliability but also provides a shorter supply chain cycle for customers in the Asia-Pacific region.

5.B. Braun dialysis tubing malfunctioned due to a change in the plastic resin.FDA Issue an emergency alert

U.S. Food and Drug Administration (FDAIssue an early warning regarding a batch of dialysis tubing for hemodialysis systems, as a change in the plastic resin raw material used to manufacture the tubing has led to product malfunctions.FDA In the alert, it is stated that information has been received about B. Braun Medical Company (B. Braun Medical Inc.Issued an emergency medical device correction notice to customers. The company willStreamline Airless system dialysis tubing andB3 The manufacturer of low-volume dialysis tubing recommends that the affected tubing should only be used when no alternative products are available.FDA This type of equipment is used during the hemodialysis process to transport blood between the patient's vascular access and the dialyzer.

6.Rohm Group achievesPMMAIndustrialization of Chemical Recycling to Support the Implementation of Plastic Circular Economy in Europe

Recently, the Rohm Group announced that it has developed its own.PMMAMethyl ester) chemical recycling innovative technology has been successfully industrialized at Röhm’s Worms plant in Germany, marking a key step forward for Röhm in the field of plastic circular economy and also for Europe.PMMAEfficient recycling of waste materials provides a scalable solution. This time, ROHM has introduced a chemical recycling technology into industrial production, which focuses on recycling waste.PMMAMMA(methyl methacrylate) monomer. A key highlight of this technology is its seamless integration into the existing Worms plant.MMAProduction system that requires no large-scale retrofitting of existing equipment, significantly reducing the cost and threshold for industrial implementation, thereby achieving dual improvements in resource utilization and production efficiency. High-quality materials recoveredMMA, will all be used by RohmproTerraThe production of a series of sustainable products.

7. SPSanwa has obtained a patent for high-purity optical polyurethane resin and has started mass production.

4 7South Korea’s specialty chemicals companySPSanheSP Samhwa) announced that it has obtainedManufacturing method of high-purity optical polyurethane resinThe related two domestic patents have been obtained, and mass production has begun. The high-performance curing agent for optical use, manufactured using this patent, is an advanced chemical material essential for optical materials, display films, high-performance adhesives, etc. Its main application areas include lenses for electronic devices such as smartphones, glasses, and electronic materials.

8.China’s exports of automobiles to Europe exceeded the threshold for the first time last year.100The 10,000 units milestone: the proportion rises to7%Korean and Japanese brands have stagnated.

4 7 Daily News, European Automobile Manufacturers’ Association (ACEA)ACEAAt local time4 6 was released on2025 The annual economic and market report shows that the share of Chinese cars in the EU market has increased from2022 year's5% Rise to7%Meanwhile, the number of automobiles imported by the EU from China increased.30.7%, to achieve1,006,188 vehicles, marking the first time in history that the figure has surpassed one million units. In terms of import value, China also recorded…137.24 hundred million euros (ITNote from the Home: Current exchange rate is approximately1090.85 (billion RMB), further consolidating its position as the EU's largest source of auto imports.

 

Overseas Macro Market:

[Former US Official Warns of Need to Prevent Israel from Undermining the Ceasefire]

Former US National Counterterrorism Center Director Joe4 7Evening said that the temporary ceasefire is good news, but the United States must constrain Israel to prevent it from undermining the ceasefire. He believes that Israel's strategic goal is to overthrow the Iranian government, which conflicts with the U.S. goal of seeking lasting peace. He said it is not advisable to take Israel's verbal commitment to a ceasefire lightly, as Israel has a poor record of complying with agreements. Kent also said that the United States should significantly cut military support to Israel, forcing Israel to stop its offensive actions against Iran.

[Trump said the Strait of Hormuz will create"Great Wealth"

U.S. President Trump8Japan reported that the United States will assist in addressing the “shipping congestion” issue in the Strait of Hormuz, stating that “there will be numerous positive actions, and immense wealth will be generated.” Trump wrote on social media: “Iran can begin its reconstruction process. We will ship various supplies and ‘stay there’ to ensure everything proceeds smoothly.” Trump also claimed this would be “the golden age of the Middle East.”

Iranian media disclose everything10

Iran's Supreme National Security Council8released a statement announcing the submission to the US side through Pakistan10The main terms of the armistice. Iranian media later disclosed the entire content.10a clause, but the content is not entirely identical.

Netanyahu: Supports Trump's decision to ceasefire with Iran but not including Lebanon

Local time8Early this morning, the office of Israeli Prime Minister Netanyahu issued a statement saying that Israel supports U.S. President Trump’s decision to impose a two-week ceasefire on Iran and Washington’s efforts to ensure that Iran “no longer poses a threat,” but this ceasefire does not include Lebanon.

[U.S. receives verbal commitment for ceasefire respected by Israeli Prime Minister]

According to the Israeli12Channel TV station local time today (4 8On Sunday morning, citing a White House source, the report stated that before U.S. President Trump announced a conditional temporary ceasefire with Iran, he spoke by phone with Israeli Prime Minister Netanyahu to brief him on the situation and secured Israel’s commitment to “respect the ceasefire and suspend attacks.”

The US Department of Defense will regarding Iran"Epic Wrath" Military Operation Holds Press Conference

4 7On [Date], the U.S. Department of Defense posted on its social media platform stating that it will…8 8The U.S. will hold a press conference regarding Iran's "Epic Fury" military operation. Defense Secretary Austin and Chairman of the Joint Chiefs of Staff General Milley will attend the press conference.

[Iran says it agrees to negotiations but is cautious about the US]"Complete distrust"

Iran's Supreme National Security Council8The day, a statement was issued saying that, on the recommendation of Iran’s Supreme Leader Ayatollah Mojtaba Khamenei and with the approval of the Supreme National Security Council, Iran will…10The talks were held for two weeks in Islamabad, the capital of Pakistan, but the Iranian side "has complete distrust" towards the US side.

After the US and Iran announced a ceasefire Israel says multiple areas hit by Iranian missile attacks

According to Israeli sources local time8Early morning report, on the day, there were reports of explosive devices falling in the southern Israeli city of Beersheba and other areas. A two-story building in Tel Shava was attacked and damaged, and emergency services are heading to the scene for handling. The Israeli military.8

 

 

The central parity rate of the Chinese yuan against the US dollar is reported as6.8680Raise174Point; Previous trading day’s midpoint rate6.8854Official closing price of the previous trading day6.85976.8609

[Upstream raw material USD market price]

4 7 CFRNortheast Asian Ethylene1450 /Stable tonnageCFRSoutheast Asia1500 /Ton stabilization.

Northeast Asian PropyleneFOBAverage price to South Korea1325 / 35 / CFRAverage price to China1415 / 45 /

North Asia propane CFR price951-961 /Ton; Butane1051-1061USD per ton

China South Frozen Cargo4Monthly CIF Price of Propane1006-1016 /Ton; Butane1056-1066 /

Landed price of frozen goods in Taiwan, Propane951-961 /1051-1061

LLDPEUSD Market Price

Film:1380 / CFR(Huangpu)

Injection Molding:1490 / CFRShanghai;

HDPEUS Dollar Market Price

Thin film1450 / CFRHuangpu;

Hollow1380 / CFRDongguan;

Injection Molding:1420 / CFRSalt field;

Pipe: No quotation available

LDPEUS dollar market price

Film1580 / CFR(Dongguan)

Coating: No quotation.

PPUS Dollar Market Price

Homopolymerization:1450 / CFRHuangpu;

1700 / CFRHuangpu;

Membrane material1600 / CFRHuangpu;

Transparent:1800 / CFR

Pipe material:1850 / CFRShanghai.

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