International News Briefing: Raw Material News - Evonik will supply membrane technology to a Malaysian bioenergy company Electrical Appliances News – Henkel Launches a Polyurethane Hot Melt Adhesive to Simplify Assembly of Glass and Large Panels in H

Recently, a major announcement shook the global energy market. On April 28 local time, the UAE officially announced that it would withdraw from the Organization of the Petroleum Exporting Countries (OPEC) and the "OPEC+" mechanism starting from May 1

Summary: ① The UAE announced its withdrawal from the Organization of the Petroleum Exporting Countries (OPEC) and the “OPEC+” framework, effective May 1, 2026—a decision that deals a blow to the oil-producing bloc and its leader, Saudi Arabia. ② The

I. Overnight Crude Oil Market Dynamics April 28: Prospects for U.S.-Iran negotiations remain unclear, with shipping through the Strait of Hormuz continuing to face disruptions, driving international oil prices higher. NYMEX WTI crude futures for June

News Summary: Raw material news-Dow, net loss30Hundreds of millions, cash flow surges10 Automotive News-StellantisFour European factories have been selected for negotiations on cooperation and trade with China in the electronics sector.-Anchor the

The current oil market is going through a psychological game similar to the "boy who cried wolf." Last Friday night, Iran reportedly signaled the possible reopening of the Strait of Hormuz, and the market seemed to believe it, expecting a easing of g

International News Briefing: Raw Material News - Stepan Announces Price Increase for Polyester Polyols Used in Rigid Foam in the Americas Additive News: Tokyo University of Science Develops Heat-Resistant Enzyme, Achieving Breakthrough in PET Bio-Rec

I. Overnight Crude Oil Market Dynamics April 20: The second round of U.S.-Iran talks has not been officially confirmed yet. The Strait of Hormuz remains blocked, increasing concerns about supply risks, and international oil prices rose. The NYMEX cru

News Digest Raw Material NewsHanwha Daelim declares force majeure on xylene supply Packaging News-Trelleborg Group launches new manufacturing facility project in India Auto News: Japan's Imported Car Market Sees First Increase in Seven Years Exhibit

Recently, something rather strange has happened in the oil market: if you check the international oil price on a quotation software, the Brent crude futures are around $99 per barrel; but if you are an oil refinery in urgent need of oil and want to t