Agilyx acquires 44% of GreenDot, expanding into Europe’s recycling market and strengthening its global advanced plasticsrecycling platform.
EU Continues to Pressure the US! Turkey's anti-dumping measures on Chinese plastics are about to expire; SABIC launches flame-retardant materials
International News Guide:
Raw Material News - EU to Establish Critical Chemical Alliance to Safeguard Supply Chain Security
Automotive News - China and the EU Agree to Establish a Working Group to Cooperate on Cross-Border Data Flow in the Automotive Sector
Electronic News - SABIC Launches First Flame-Retardant PBT Nano Injection Molding Material with Excellent Bonding Strength and Mechanical Properties
Packaging News - German associations push for mandatory compostable produce bags
Medical News - Sengkang General Hospital in Singapore Adopts 3D-Printed TPU Materials to Customize Orthotic Insoles for Diabetics
Macro News - US Imposes Anti-Dumping Duties on Chinese Graphite
Price information - RMB/USD Central Parity Rate Reports 7.1498, Down by 37 Pips
details of international news:
1. Escalation of Retaliatory Measures! EU Continues to Pressure the US
According to two officials who were briefed on the talks, the EU is preparing a list of possible tariffs on US services and export control measures as part of potential retaliatory actions if trade negotiations with Washington fail. In response to US President Trump's tariffs, the European Commission is compiling this list of measures, which still needs to be submitted to EU member states. Trump has announced that he plans to impose a 30% tariff on the EU bloc starting from August 1. Although Brussels had previously warned that it could expand the transatlantic trade war to services if negotiations to avoid these tariffs fail, it has so far not submitted specific measures to European capitals. One of the officials emphasized that the list will not only target US tech companies. This list will be an additional measure beyond the retaliatory proposal already being discussed by EU countries targeting 72 billion euros of annual US imports, which includes tariffs on Boeing aircraft, automobiles, and bourbon whiskey.
2. EU to Establish Critical Chemical Alliance to Safeguard Supply Chain Security
The EU's executive body stated that the European Commission will work with member states and the chemical industry to support the production of chemicals identified as crucial to Europe's industrial supply chains. The European Commission said it will establish a Critical Chemical Alliance later this year, which will bring together the Commission, member states, and various stakeholders as part of a broader plan to revitalize Europe's chemical industry. In a statement, the Commission said the alliance will "identify key production sites in need of policy support and address trade issues such as supply chain dependencies and market distortions". This initiative draws on another alliance established earlier, which is responsible for identifying metals and minerals crucial to the energy transition. Subsequently, the EU set mining, processing, and recycling targets for 17 strategic materials.
3. Agilyx Acquires 44% Stake in Europe’s TopPlastic RecyclerGreenDot Global
4. Turkey: Anti-Dumping Measures on China-Related Polyethylene, Polypropylene Waterproof Tarpaulins and Polymer Plastic Products to Expire Soon
According to the China Trade Remedy Information Network, on July 16, 2025, Turkey's Ministry of Trade issued Announcement No. 2025/15, stating that anti-dumping measures on polyethylene and polypropylene waterproof tarpaulins and polymer plastic products [Turkish: Polietilen ve polipropilenden mamul şerit veya benzerlerinden dokunmuş mensucat (yalnız dokuma brandalar)] originating from China and Vietnam will expire on May 6, 2026. Stakeholders should submit applications and evidence materials for sunset review investigations no later than 3 months before the expiration date. The Turkish tariff codes for the products are 3921.90.60.00.11, 3921.90.60.00.13, and 3926.90.97.90.18. The announcement takes effect from the date of issuance.
5. SABIC Launches First Flame-Retardant PBT Nano Injection Molding Material with Excellent Bonding Strength and Mechanical Properties
SABIC announced the launch of a new product in its LNP™ THERMOTUF™ specialty composite series. The new LNP™ THERMOTUF™ WF0087N composite is the industry's first polybutylene terephthalate (PBT)-based nano-molding technology (NMT) material, combining excellent flame retardancy and superior mechanical properties. It meets the growing demand of the consumer electronics industry for lightweight and durable metal-plastic composite components, such as smartphone middle frames. In addition, the material's flame retardancy helps customers comply with the latest IEC 62368-1 safety standards for consumer electronic equipment. The LNP™ THERMOTUF™ WF0087N composite won the 2025 Edison Award.
6. Messe Düsseldorf unites its global plastics, rubber events under K-Alliance brand
Germany-based global exhibition organizer Messe Düsseldorf is launching a new umbrella brand called “K-Alliance” to unite its worldwide plastics and rubber trade fairs under one identity, which replaces the previous Global Gate brand.
“Global players in the plastics and rubber industry require appropriate platforms for direct market entry in growth regions,” said Thomas Franken, director of K. “Messe Düsseldorf has pooled its worldwide activities under the Global Gate brand, which will now become the K–Alliance.” Officials said the new name highlights not just market access but also strategic partnerships and alliances within the industry’s global trade fair network. “The previous name especially emphasized Messe Düsseldorf’s function as a door opener for entering promising sales markets,” Franken said. “The designation K-Alliance now places a clearer focus on the strong partnerships and alliances that our constantly growing, worldwide network of trade fairs related to plastics and rubber stands for.”
The K-Alliance currently encompasses 11 global trade fairs, the biggest of which is the K fair; K 2025 is scheduled for Oct. 8-15 in Düsseldorf, with more than 3,200 exhibitors expected to showcase technologies in manufacturing, processing and finishing.
7. German associations push for mandatory compostable produce bags
Industry associations are calling for compostable fruit and vegetable bags to become mandatory under the Packaging and Packaging Regulation (PPWR).The IK Industrial Association for Plastics Packaging, Plastics Europe Germany, European Bioplastics, Polykum, Carmen, and the nova Institute have published a position paper providing recommendations for Germany to implement the requirement at national level.
8. China and the EU Agree to Establish a Working Group to Cooperate on Cross-Border Data Flow in the Automotive Sector
On July 17 , the second meeting of the China-EU Cross-Border Data Flow Exchange Mechanism was held in Brussels. Wang Jingtao, Vice Minister of the Cyberspace Administration of China, and Sabine Weyand, Director-General of the Directorate-General for Trade of the European Commission, co-chaired the meeting. The meeting reviewed the positive progress made since the establishment of the mechanism, believing that the mechanism has played an important role in promoting China-EU cross-border data flow. The two sides had in-depth, pragmatic, and constructive exchanges on issues related to China-EU cross-border data flow, and reached broad consensus on further leveraging the mechanism under the principle of two-way reciprocity and promoting rule alignment, in light of the demands of enterprises from both sides. The two sides agreed to establish a working group to cooperate on cross-border data flow in the automotive sector.
9.Sengkang General Hospital in Singapore Adopts 3D-Printed TPU Materials to Customize Orthotic Insoles for Diabetics
The podiatry team at Sengkang General Hospital in Singapore is pioneering an innovative approach to diabetic foot care. Currently, the team is producing 3D-printed custom orthotic insoles in-house. These insoles are 3D-printed using thermoplastic polyurethane (TPU). Preliminary results show that compared with traditional insoles (23% reduction in peak pressure, 40% improvement in pressure distribution), the new insoles can reduce plantar peak pressure by up to 28.5% and improve pressure distribution by 52.7%.
Overseas macro markets:
【Putin: Europe's Abandonment of Russian Natural Gas Has Negatively Affected Its Industry】
On the 17th, Russian President Vladimir Putin stated in an interview that Europe's decision to abandon Russian natural gas has had a negative impact on its industry. In addition, Russian media reported that EU imports of Russian oil in May hit a three-month high, indicating that some EU member states still rely on Russian oil.
【Alcoa: Tariffs Keep Increasing Production Costs】
According to Bloomberg, Alcoa, the largest aluminum producer in the US, stated that US tariff policies are continuously increasing the company's production costs, and due to the impact of tariffs, its US customers are paying more for aluminum.
【US Media: US Imposes Anti-Dumping Duties on Chinese Graphite】
According to Bloomberg, the US has imposed a preliminary anti-dumping duty of 93.5% on graphite from China. A statement from the US Department of Commerce noted: "The US Department of Commerce has preliminarily determined to impose a 93.5% anti-dumping duty on imports of key battery material graphite from China due to unfair subsidies for these materials." It is worth noting that the final ruling is expected to be made by December 5
【Reliance Industries' Market Value Grows by 40 Billion USD This Year】
Shares of India's Reliance Industries have significantly outperformed India's benchmark stock index this year, with the largest lead in five years. So far this year, shares of India's most valuable company have surged 22%, while the NSE Nifty 50 index has risen only 6% in the same period. Controlled by Asia's richest man Mukesh Ambani, Reliance Industries has increased its market value by 40 billion USD in 2025, accounting for nearly one-third of the market value growth of India's benchmark stock index.
Price information:
【RMB/USD Central Parity Rate】
The RMB/USD central parity rate was reported at 7.1498, down by 37 pips; the previous trading day's central parity rate was 7.1461, the previous trading day's official closing price was 7.1796, and the previous night's closing price was 7.1809.
【Upstream raw material USD market price】
Ethylene Asia: CFR Northeast Asia $820/ton; CFR Southeast Asia $830/ton.
Acrylic Northeast Asia: FOB Korea average price is $740/ton; CFR China average price is $770/ton, up $5/ton.
Propane: North Asia frozen cargo CIF price, propane $512-514/ton; butane $482-484/ton.
The import price of South China frozen goods in August is as follows: propane 549-559 USD/ton; butane 520-528 USD/ton.
The landed price of frozen goods in Taiwan is propane at 512-514 USD/ton; butane at 482-484 USD/ton.
【LLDPE USD market price】
Film: 860-910 USD/ton (CFR Huangpu);
Injection molding: $950/ton (CFR Dongguan);
【HDPE USD market price】
Film: $920/ton (CFR Huangpu);
Hollow: 855-860 USD/ton (CFR Huangpu);
【LDPE USD market price】
Film: $1070-1090/ton (CFR Huangpu);
Coating: $1350/ton (CFR Huangpu)
【PP USD market price】
Average aggregation: 965 USD/ton (CFR Huangpu);
Co-polymerization: 940-950 USD/ton (CFR Nansha);
Membrane material: 1030 USD/ton (CFR Nansha);
Transparent: $1,085/ton (CFR Huangpu);
Pipes: 1160 USD/ton (CFR Shanghai).
【Copyright and Disclaimer】This article is the property of PlastMatch. For business cooperation, media interviews, article reprints, or suggestions, please call the PlastMatch customer service hotline at +86-18030158354 or via email at service@zhuansushijie.com. The information and data provided by PlastMatch are for reference only and do not constitute direct advice for client decision-making. Any decisions made by clients based on such information and data, and all resulting direct or indirect losses and legal consequences, shall be borne by the clients themselves and are unrelated to PlastMatch. Unauthorized reprinting is strictly prohibited.
Most Popular
-
Overseas Highlights: PPG Establishes New Aerospace Coatings Plant in the US, Yizumi Turkey Company Officially Opens! Pepsi Adjusts Plastic Packaging Goals
-
Abbott and Johnson & Johnson: Global Medical Device Giants' Robust Performance and Strategies Amid Tariff Pressures
-
BYD releases 2024 ESG report: Paid taxes of 51 billion yuan, higher than its net profit for the year.
-
Behind pop mart's surging performance: The Plastics Industry Embraces a Revolution of High-End and Green Transformation
-
The price difference between recycled and virgin PET has led brands to be cautious in their procurement, even settling for the minimum requirements.