Headline Summary: Raw Material News-OMVRaise the performance expectations for the European olefins industry, and lower the sales forecast for polyolefins. Automotive News-General Motors layoffs exceed3400Human, suspend part of the battery factory pr

Asahi Kasei's TENAC-C™ ISCC PLUS certified polyacetal resin has been adopted as the main material for Takigen Manufacturing Co., Ltd.'s (hereinafter referred to as "Takigen") bioplastic flat torque hinge (BP-150-Bio). The "Bioplastic Resin Flat To

Celanese, a global chemical and specialty materials company, announced to its employees and local union representatives on October 28 that it plans to terminate operations at its Lanaken acetate tow plant in the second half of 2026. Currently, Celane

On October 29, 2025, the Mexican Senate officially approved President Claudia Sheinbaum's 2026 budget revenue proposal, which is part of Sheinbaum's "Plan México." This plan aims to boost domestic production, reduce import dependence, and enha

The International Organization for Standardization (ISO) has recently appointed Alberto Cirio as the new chairman of the ISO/TC 313 "Packaging Machinery" Technical Committee. Alberto Cirio is currently the General Manager of Arol S.p.A. and also a bo

PHA, bio-based biodegradable, spunbond nonwoven fabric CJ Biomaterials is a subsidiary of CJ CheilJedang in South Korea and a major producer of polyhydroxyalkanoate (PHA) biopolymers. The company recently launched PHACT™ MA1350Q—a

Due to the ongoing impact of the Anshi Semiconductor incident, both Nissan and Mercedes-Benz issued warnings on Wednesday regarding the worsening situation of the automotive semiconductor supply crisis. According to earlier reports from Caijing Lian

As global competition in electric vehicles intensifies and domestic demand for electric cars in the United States continues to wane, General Motors, which a few years ago had ambitious plans for its electric vehicle business, now seems to be graduall

1. Overnight Crude Oil Market Dynamics American BusinessCrude oil inventoryThe international oil prices rose as the market declined and remained optimistic about the prospects of trade negotiations. NYMEXCrude oil futuresDecember WTI futures rose by

On October 29, BASF Group released its financial report for the third quarter. The data indicates that under the dual pressures of weak demand and exchange rate fluctuations, the group's profit performance slightly exceeded market expectations. A