1. Overnight Crude Oil Market Developments There are reports that the US and Iran are close to reaching a peace agreement, which has eased market concerns and caused international oil prices to decline.Crude oil futuresWTI crude oil futures Jul contr

International News Digest: Raw Material News - Oil Explodes in the Chemical Industry! Strait of Hormuz Suddenly Blocked Additive News - Henkel achieves carbon-neutral production at its adhesive technology plants in India and Turkey Automotive News -

Special Plastics Insight has learned that in the early hours of June 11 local time, the military conflict between the United States and Iran suddenly escalated, and the Strait of Hormuz, the world’s most critical maritime energy chokepoint, was

In 2025–2026, the U.S. FDA actively responded to and supported the sweeping “Make America Healthy Again (MAHA)” initiative by rolling out a series of measures to drive the transformation of the U.S. food supply system from the use of “petroleum-b

According to Zhuanshu Vision, on June 4, 2026, the European Commission officially issued a notice of initiation, launching an anti-dumping investigation into polybutylene adipate terephthalate (PBAT) and poly(decamethylene adipate terephthalate) (PBS

According to the latest report from Xinhua News Agency, on June 11 local time, the Iranian Armed Forces announced that the Strait of Hormuz would be closed starting immediately, prohibiting all vessels from passing through. Any vessel violating the b

1. Crude Oil Market Dynamics 6/10: U.S.-Iran relations remain unstable, heightening concerns over supply risks, and international oil prices rose. NYMEX WTI crude futures for the July contract settled at USD 90.03/bbl, up USD 1.83/bbl, or +2.07% day-

International Headlines Overview: Raw Material News - US MDI Supply Crisis, Giants Raise Prices Collectively Policy News - Overturning the Old Carbon Algorithm, European Association Proposes New Regulations for Biobased Plastics Medical News - Mitsui

On June 8, 2026 local time, Israeli missiles struck the Karoon petrochemical complex in the Mahshahr Petrochemical Economic Zone in southwestern Iran, causing partial damage to one of the country’s important industrial chemical facilities. Th

On June 8, 2026, local time, Israeli missiles struck the Karoon Petrochemical Complex in the Mahshahr Petrochemical Special Economic Zone in southwestern Iran.It caused partial damage to one of the country’s important industrial and chemical faci