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Targeting India Market, Teknor Apex Establishes Polymer Joint Venture PolyTek
Teknor Apex B.V., a subsidiary of Teknor Apex Co., announced the formation of a joint venture with Shriram Polytech Ltd., a PVC compounder and subsidiary of DCM Shriram Ltd. The joint venture willPolyTekCarry out operations for the brand. Headquar
Plastmatch Global Digest -
Hanwha Total Declares Force Majeure on Paraxylene Supply
According to a customer letter obtained by S&P Global Energy's Platts Energy Information, Hanwha Total Petrochemicals has declared force majeure for its paraxylene (PX) product effective from April 13. The company's Daesan, South Korea production
Plastmatch Global Digest -
Raw Material Shortage Prompts South Korea To Encourage Eco-Friendly Products And Reduce Plastic Consumption
Due to the Middle East conflict, the supply of key raw materials for plastic production in South Korea has become tight. On the 13th, the South Korean Ministry of Environment, Climate and Energy launched a six-month nationwide campaign to encourage
Shanghai Observer -
Vietnam Builds “Global Drone Capital,” Boosting PA66 and PEEK
VNA Hanoi - The low-altitude economy is opening up a market worth hundreds of billions of dollars, with drones and air taxis (eVTOL) gradually entering practical applications. However, Vietnamese enterprises are currently mainly still at the service
Zhongyue Plastic -
Breakthrough! 13.6-million-ton new giant emerges as world’s fourth-largest polyolefin producer, reshaping industry landscape
On March 31, 2026, OMV AG and ADNOC’s international investment arm, XRG, officially announced the formation of Borouge Group International. This new industry giant, formed through the merger of Borouge and Borealis and the acquisition of NOVA Chemica
Plastmatch -
Two Ethylene Plants With Annual Capacity Of 1.4 Million Tons Permanently Shut Down
According to The Korea Economic Daily, Korean ethylene producer Yeochun NCC (YNCC) has decided to permanently shut down its No. 2 and No. 3 naphtha crackers at its Yeosu facility, reducing the company's ethylene production capacity by 60%. YNCC submi
China Chemical Industry News -
Samsung Phone Division Profitability Deteriorates As Spending Is Tightened: Executives Travel In Economy Class
IT HomeMarch 13 — According to a post published yesterday (March 12) by The Korea Economic Daily, Samsung Electronics' Device eXperience (DX) division is facing challenges due to soaring memory chip prices and intensifying competition from Chinese co
IT Home -
Driving Control Must Belong to Humans: Lotus For Me Global Launch Core Technology Deep Dive
Abstract: Translate the above content into English, output the translation directly, without any explanation.On March 4, 2026, Lotus Cars held a global technology launch event for its new super SUV, the Lotus For Me, in Shanghai. The event, themed "I
Gasgoo -
Supply Extremely Tight! LG Chem Declares Force Majeure on Export Contracts for Di-Octyl Terephthalate (DOTP)
LG Chem Ltd. will apply a price increase for certain shipments scheduled for March-April, according to a client letter obtained by Platts, part of S&P Global Energy.Declaration of force majeure on the export contract for Dioctyl Terephthalate (DO
Plastmatch Global Digest -
Byd Unveils Game-Changing Technology! 9-Minute Full Charge, Decoding the Black Tech of Power Batteries From the Material End
On March 5, 2026, Wang Chuanfu, chairman and president of BYD, officially launched this technology in Shenzhen: charging from 10% to 70% at room temperature takes only 5 minutes, and to 97% takes 9 minutes. Under a temperature of -30°C, charging from
Plastmatch -
[Weekly New Materials Plastic Update] Lianlon And Wanhua Chemical Deepen Cooperation; Yulong Petrochemical’s $100-Billion Industrial Chain Extension Project Under Review
This week's major industry updates: LianLuo and Wanhua Chemical signed their third-phase strategic cooperation agreement; JuShi Chemical narrowed its losses but still reported a loss of RMB 119 million; KeBaiEr's profit dropped by 41.7%; Meteor C
Plastmatch -
Middle East Polymer Export Hub Hit in Sudden Attack, Global Supply Chain Sounds Alarm
On March 3, 2026, a fire broke out at a key polymer export port in the Middle East—a port handling over 60% of polymer exports from the Gulf region. The “spark” of geopolitical conflict has already begun scorching the global chemical supply chain. I
PlasTrends -
Sumitomo Chemical Announces Organizational Restructuring, Dissolves Battery Materials Division
On March 3, Zhuan Su Shi Jie learned that Sumitomo Chemical announced on March 2 that it will implement the following organizational restructuring effective April 1, 2026. Headquarter To strengthen the collaboration of the company's R&D system a
Plastmatch Global Digest -
Australian State Government Funds Hard-To-Recycle Plastic Processing Project
The federal government and the New South Wales (NSW) government are jointly funding A$11.2 million to expand facilities for processing hard-to-recycle plastics, including soft plastics and rigid packaging materials. These projects will enhance recycl
Plastmatch Global Digest -
Shiseido Develops New Technology to Advance the Cosmetics Industry’s Shift Toward Biodegradable Materials
On February 25, Shiseido Co., Ltd. announced the development of two new technologies based on artificial intelligence (AI), aimed at evaluating the biodegradability of cosmetic ingredients and identifying safety information. Evaluate the biodegradabi
Degradable and Recyclable Center -
MIT Breakthrough: 3D-Printed Recycled Plastic Floor Trusses Support Over 4,000 Pounds
A team of innovative engineers at MIT has announced a major breakthrough in sustainable construction: the successful development of a floor truss system 3D-printed from recycled plastic, boasting a load-bearing capacity exceeding U.S. Department of H
Plastmatch Global Digest -
Building an Asian Application R&D Center! Why Is DOMO Chemicals Firmly Betting on China's High-End Nylon Track?
Source: DOMO Chemicals On February 6th, DOMO Engineering Materials, a subsidiary of DOMO Group, announced the construction of a new Asian Application Development Center at its Haiyan production base in Jiaxing, Zhejiang. Preparatory work for the pro
Plastmatch -
Indonesia's Coal Export Ban Shifts Polyolefin Cost Logic
February 4th news: The Indonesian government has requested major mining companies to suspend spot coal exports due to a plan to significantly reduce production. According to Indonesian mining officials, production quotas issued last month to large mi
Plastmatch Insights Lab -
Pirelli's Equity Rift: Unmasking the Brutal Truth of Geopolitical Games in Smart Tires
Recently, the shareholder relationship of Italian tire giant Pirelli has once again become a focus of the industry - its core shareholder, Camfin, has officially announced that it will not renew the shareholder agreement with China's Sinochem, which
Plastmatch -
Nissan Global Sales Fall 4.4% Year-on-Year in 2025
Nissan Motor Corporation recently announced its latest data, showing that its global sales for the full year 2025 were 3,202,137 units, a decrease of 4.4% compared to 3,348,692 units in 2024. Of this, domestic sales in Japan were 402,977 units, a yea
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