【Global News】Syensqo Unveils Next-Gen Automotive PPA, Sika launches PU adhesive for primerless auto glass replacement

【International News Digest】

Raw Materials - The new plastic is completely soluble in seawater — no micro-particles

Automotive - Syensqo Unveils Bright Orange Flame-Retardant PPA for EV Safety Applications

Corporate - Sulzer inaugurates biopolymer engineering and scale-up center

Macro - Trump Team Considers Meeting with Iran This Week

Price - USD/CNY Central Parity Rate at 7.1746, Up 43 Pips

International News Details

The new plastic is completely soluble in seawater — no micro-particles

Japanese scientists from the The Center for Research on New Materials (RIKEN) was established a new type of plastic, is a recyclable material that dissolves in seawater, leaving no residue behind. The plastic, called alkyl SP₂ has high strength, can be molded at temperatures above 120°C, and can be transformed into anything from hard shells to soft films. At the same time, unlike most biodegradable plastics, this material does not leave behind any microplastic particles. It can completely dissolve in seawater within 2-3 hours.

Syensqo Unveils Bright Orange Flame-Retardant PPA for EV Safety Applications

Belgian materials giant Syensqo has launched Amodel PPA HFFR-4133 Orange (OR), a flame-retardant polyphthalamide designed for electric vehicle (EV) safety applications.This advanced material features a stable, vibrant orange hue that retains brightness even after prolonged high-temperature exposure, addressing growing industry demands for safety and visibility in critical EV components like connectors and busbars.

Sika launches PU adhesive for primerless auto glass replacement

Sika launches Sikaflex® P2G Premium, a high-performance solution designed to complement their primerless auto glass replacement (AGR) product line. Sikaflex® P2G Premium offers a 3-hour minimum drive-away time (MDAT), optimized performance at elevated temperatures, short cut-off string, plus excellent decking and glass-slip properties.

Sulzer Inaugurates Biopolymer Engineering and Scale-Up Center

Sulzer Ltd. (Winterthur, Switzerland) opened its fourth location in Switzerland. The Innovation Technology Hub (InTecH) in Winterthur Töss will further enhance Sulzer’s research and development capabilities in advanced biopolymer engineering and recycling. With 3,150 m² of laboratory and research space, this strategic investment is part of the company’s ongoing commitment to sustainable innovation.

Syensqo and Fairmat enter collaboration for carbon-fiber recycling

SyensqoS.A. (Brussels, Belgium) and Fairmat S.A.S., a French company that turns carbon fiber into scalable, high-performance recycled materials, have entered into a collaboration agreement. Under this agreement, Fairmat will recycle Syensqo’s U.K. carbon fiber prepreg waste, transforming it into valuable resources for the production of new products in the sports, energy, mobility, and electronics markets. 

OMAN：Government support fuels growth of plastics processing sector

Two years ago, Oman and its state-owned petrochemicals group OQ launched the Labayn incentive programme – a scheme designed to encourage plastics processing companies to set up operations in the Gulf state. The initiative appears to be bearing fruit. So far, 18 companies from Europe, the Middle East, India, China, and Southeast Asia have committed to investing, said Abdul Rahman Al-Tamtami, OQ’s vice-president of global marketing, speaking at a press conference in Rotterdam in the Netherlands.

Overseas Macro Market Updates

BOJ Maintains Rates, Plans Slower Bond Tapering Next Year:

The Bank of Japan kept its benchmark interest rate at 0.5% and will slow bond purchase tapering to ¥200 billion per quarter from next fiscal year (current pace: ¥400 billion/month), in line with market expectations.

Trump Team Considers This Week’s Iran Talks:

Axios reported the White House is weighing talks with Iran this week on the nuclear deal and Israel ceasefire. A U.S. official confirmed discussions on the proposal, with the U.S. reportedly using potential supply of bunker-busting bombs to Israel as a bargaining chip.

Lagarde Urges Action to Boost Euro’s Global Role:

ECB President Christine Lagarde called for decisive steps to strengthen the euro’s role in the international monetary system, emphasizing Europe must solidify geopolitical credibility, economic resilience, and institutional frameworks.

Price Information

【USD/CNY Central Parity Rate】
The central parity rate of the Chinese yuan against the U.S. dollar was set at 7.1746, up 43 pips from the previous trading day. The previous day's central parity rate was 7.1789, the official closing price was 7.1802, and the overnight closing price was 7.1818.

【Raw Materials - USD Market Prices】

• Ethylene (Asia):
• CFR Northeast Asia: $800/ton, up $10/ton
• CFR Southeast Asia: $850/ton
• Propylene (Northeast Asia):
• FOB Korea average: $710/ton, down $10/ton
• CFR China average: $760/ton
• North Asia LPG (CIF):
• Propane: $581-583/ton
• Butane: $551-553/ton
• South China LPG (July arrival, CIF):
• Propane: $593-603/ton
• Butane: $540-550/ton
• Taiwan LPG (CIF):
• Propane: $581-583/ton
• Butane: $551-553/ton

【LLDPE - USD Market Prices (CFR)】

• Film grade: $915/ton (Huangpu)
• Injection molding grade: $960/ton (Dongguan)

【HDPE - USD Market Prices (CFR)】

• Film grade: $910-915/ton (Huangpu), up $10/ton
• Hollow grade: $860/ton (Huangpu), down $5/ton

【LDPE - USD Market Prices (CFR)】

• Film grade: $1,035/ton (Xiamen)

【PP - USD Market Prices (CFR)】

• Homopolymer: $885-935/ton (Huangpu)
• Copolymer: $955-1,040/ton (Huangpu)
• Film grade: $1,025-1,090/ton (Huangpu)
• Transparent grade: $1,065/ton (Huangpu), down $20/ton
• Pipe grade: $1,160/ton (Shanghai)