News Digest: Raw Material News-Xihu Chemical plans to close three PVC-related facilities in the United States and completely exit the styrene business. Automotive News-Volkswagen Group shuts down its first factory in Germany. Packaging News-2026Sout

On December 12, 2025, BASF announced the launch of the new generation closed-cell spray polyurethane foam WALLTITE® RSB, further expanding its spray polyurethane foam (SPF) product line. In response to the growing market demand for sustainable buildi

On December 16, Specialized Plastics World learned that Westlake Chemical announced on December 15 its decision to shut down three vinyl-related production plants and one styrene plant in the United States this month to enhance the profitability of i

Recently, the European Union has been active in the trade sector, passing multiple new regulations to comprehensively and multilaterally block and strike against Chinese goods, with an unprecedented level of intensity and specificity.

As the end of the year approaches, this account will gradually review and share the latest technological advancements of major material handling companies worldwide. We hope that industry peers can gain insights and absorb beneficial aspects. Startin

In 2026, the production capacity of benzene in Asia will continue to expand, but the ongoing capacity optimization in China and South Korea will moderately slow down the pace of expansion. Additionally, the downstream capacity is still in an exp

Recently, four major companies—BASF, Huntsman, Wanhua Chemical, and Dow Chemical—have issued price increase notices, with the price adjustments covering the continents of Europe, Asia, and Africa. The maximum increase is up to 350 euros per ton. Star

On December 11, BASF signed a Memorandum of Understanding (MoU) in Taiwan with Samyang Chemical Co., Ltd. (referred to as "Samyang Chemical") and Lichia Advanced Materials Co., Ltd. (referred to as "Lichia Advanced Materials"). The three parties will

Recently, the DEKUMA PE630 three-layer pipe extrusion production line was successfully delivered and set off for the Middle East, assisting a Saudi customer in achieving large-scale, high-quality production of high-performance multi-layer water su

The domestic real estate market has plunged into a freeze, and the building materials industry is caught in the crossfire. This industry, which once "parasitized" the real estate ecosystem, is now facing a systemic decline. Data shows that just las

On December 15, Specialized Plastic Vision learned that Brückner Group recently announced the acquisition of Hennecke Group, incorporating core technologies in the polyurethane (PUR) processing field into its global product portfolio to achieve busin

I. Latest! The EU is set to impose a fixed duty of 3 euros per small import parcel starting July next year.   According to foreign media reports, EU finance ministers have agreed to impose a fixed tariff of 3 euros per package on imported pa

South Korean battery manufacturer SK On and Ford's joint venture BlueOvalSK have welcomed a significant structural adjustment. Originally planning to jointly explore the U.S. electric vehicle market, SK On and Ford announced on December 11 that they

Headline Summary: Raw Material News-ADNOC XRGAcquisition of Covestro completed, embarking on a new journey of strategic cooperation. Car News- China and the EU resume negotiations on electric vehicle pricing commitments, replacing high tariff

Golden Window Period for Enterprises Expanding to North America North America is located in the northern part of the Americas, bordered by the Arctic Ocean to the north, the Pacific Ocean to the west, and the Atlantic

On December 10, 2025, it was announced that XRG P.J.S.C., an investment group based in Abu Dhabi (formerly ADNOC International Limited and its subsidiaries, hereinafter referred to as "XRG"), has officially completed its voluntary public takeover of

The U.S. Treasury Department announced new sanctions on Venezuela. According to a report by CCTV, on December 11, the U.S. Treasury Department announced new sanctions against Venezuela. The targets of the sanctions include...VenezuelaThree nephews of

International News Overview Raw Materials News: Two world-class ethylene projects delay commissioning Auto News: Audi plans to sell Italdesign to U.S. tech firm UST Electronics News: Dawn Co., Ltd. acquires SK Group-related assets for RMB 516 million

Recently, Hainan Province officially released the "Suggestions of the Hainan Provincial Committee of the Communist Party of China on Formulating the 15th Five-Year Plan for National Economic and Social Development," which clearly states that it will

Teleflex recently announced that the company has signed a definitive agreement to sell its Original Equipment Manufacturer (OEM) business, Emergency Care division, and Interventional Urology division to two different acquirers. Intersurgical Ltd., a