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Coca-Cola Accelerates Reusable Bottle Initiative
New investments by bottling partners are expanding Coca-Cola’s global refillable glass and PET bottle packaging programs. In 2024, refillable packaging offered by the Coca-Cola system in multiple markets accounted for 14% of its total beverage sales.
Plastmatch Global Digest -
Oil prices continue to plunge! plastic markets remain weak and volatile
I. Overnight Crude Oil Market Developments On July 28, the US and Iran are expected to start new negotiations, leading to a decrease in market concerns over supply risks, and international oil prices continue to decline. NYMEX crude oil futures for S
Plastmatch -
Raw Material Supply Shortage! INEOS Phenol Declares Force Majeure on Phenol and Acetone Businesses
INEOS Phenol, the world’s leading producer of phenol and acetone, has declared force majeure on the supply of both products and introduced sales allocation measures to address customers’ limited supply needs. The force majeure was caused by a disrupt
puworld -
Resin Price Report: Benzene Prices Soar, Market Conditions Shift
Throughout the summer, favorable signals in the resin market have continued to emerge. In July, buyers held the upper hand in nearly all major resin categories. However, with crude oil prices surging, spot benzene prices continuing to strengthen, and
Plastmatch Global Digest -
Design Concept of Reusable Delivery Service Aims to Significantly Reduce Packaging Waste
ReBento’s durable, leak-proof lunchbox replaces single-use plastic waste in subscription meal delivery services and has been recognized with the 2026 Berlin Green Product Award. Polish design student Kaja Brunke has designed ReBento, a reusable conta
Plastmatch Global Digest -
Middle East Tensions Drive Raw Material Price Surge, Ineos Second-Quarter Profit Triples
The two major petrochemical holding companies under INEOS Group reported a significant surge in second-quarter earnings. INEOS said that the conflict in the Middle East altered the regional supply-demand balance, product prices, and profit margins,
Plastmatch Global Digest -
Pakistan plans to impose 37.3% temporary anti-dumping duty, may halt marginalized us pvc trade
According to an announcement issued on July 24, Pakistan has imposed provisional anti-dumping duties of up to 37.3% on imports of suspension-grade polyvinyl chloride (PVC) resin from the United States. Pursuant to Section 43 of Pakistan’s Anti-Dumpin
CHEMBALL of Kaibo Chemical -
Lantiche Group To Shut Down Italian Adipic Acid Production Plant
Lantian Group will close its adipic acid production plant in Italy. The relevant production line has fallen into losses, partly due to intense competition from the Asian market. Approximately 140 jobs at the Novara plant are at risk of being cut. Rad
Plastmatch Global Digest -
Turkey Advances Over $3 Billion Petrochemical Cluster Aiming to Replace 17% of Polypropylene (PP) Demand
Turkey is building a large industrial platform in the eastern Mediterranean that integrates petrochemical production, ports, storage and transportation, and energy infrastructure. On July 23, 2026, Rönesans Holding announced that the total investment
ECHEMI -
Dow's Polyethylene Products Post Strong Profits, Performance Beats Market Expectations
Dow reported earnings on July 23, with adjusted earnings per share of $1.44, compared with a loss of $0.42 per share in the same period last year. The results were well above the analyst consensus estimate of $1.28 compiled by S&P Capital IQ. Dow
Plastmatch Global Digest
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Strait of Hormuz Blocked Again, Supply-Demand Mismatch in Polyolefin Market Set to Intensify!
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Versalis Shuts Down Polyethylene Plant in Brindisi, Italy
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【Overseas News】Shipping traffic in the Strait of Hormuz has sharply declined! South Korea approves the reorganization of Liuzhi Petrochemical; Italy shuts down the PE plant
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[Overseas News] US Senate Approves Bill! SABIC Collaborates with Saudi Automobile Brand! Anti-fog Biodegradable Film Launched
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Lantiche Group To Shut Down Italian Adipic Acid Production Plant