SMX Establishes Molecular Tracking Standard for Recycled Plastics! BASF’s European Plants Fully Certified

International News Roundup：

Raw Material News: Molecular Tracking Empowers Plastic Recycling: SMX and REDWAVE Establish New Recycling Standards

Recycling News: ISCC Plus Certified! MOL Group Produces Polyethylene from Waste Plastics

Major Enterprise News: All BASF High-Performance Materials Plants in Europe Awarded REDcert² Certification

Medical News: Syensqo Launches High-Temperature Resistant PPA Material for High-End Disposable Medical Devices

Macroeconomic News: Two U.S. Government Teams Visit India This Week to Resume Bilateral Trade Talks

Price Information: RMB/USD Central Parity Rate Reported at 7.1027, Up 29 Pips

Details of International News:

1. Molecular Tracking Empowers Plastic Recycling: SMX and REDWAVE Jointly Build New Industrial Recycling Standards

On September 16, SMX, a global supply chain solutions company, announced the signing of a letter of intent with REDWAVE Technology Center under BT-Systems, aiming to integrate molecular traceability technology into industrial-grade recycling systems. This cooperation seeks to combine SMX’s molecular tagging and blockchain verification technology with REDWAVE’s sorting and detection system, establishing a recycling process that can both separate materials and real-time authenticate their origin and composition. According to the press release, the cooperation focuses on three key goals: embedding SMX’s traceability technology into the REDWAVE platform, ensuring recycled materials re-enter the supply chain in compliance with regulations, and setting industry standards for recycled material certification. The two parties plan to achieve technological synergy through joint industrial deployment and large-scale system integration.

2. Syensqo Launches High-Temperature Resistant PPA Material for High-End Disposable Medical Devices

Syensqo has unveiled a new medical-grade Amodel® polyphthalamide (PPA). This glass-filled polymer is specifically designed for advanced disposable medical devices, featuring exceptional heat resistance, robust electrical performance, and key biocompatibility properties that meet the requirements for short-contact-time medical applications. Amodel® PPA has a melting point exceeding 300°C and retains mechanical strength at temperatures up to 280°C. These characteristics make it ideal for demanding manufacturing processes such as surface mount technology (SMT) assembly, infrared (IR) reflow soldering, and metal overmolding. The material is particularly suitable for electrosurgical instruments and electronic device assemblies, where its ability to accommodate complex injection-molded geometries offers advantages over other materials. Natalie Dragunat, Global Medical Market Manager at Syensqo, said: “For decades, brands like Radel® and Udel® have advanced medical technology. With medical-grade Amodel® PPA, we are continuing this legacy by offering customers a new option to address the needs of devices that must withstand modern assembly processes.”

3. MEAF Showcases Xtender Technology at K 2025 Germany, Two New Equipment Lines Boost Recyclate Quality

At K 2025 Germany (International Trade Fair for Plastics and Rubber), Dutch manufacturer MEAF Machinery will launch two new equipment lines – the MDX-IV Series and MDX-DEO Series – designed to enhance the quality of recycled materials. Both lines are built based on the company’s patented Xtender melt conditioning technology. The MDX-IV Series is engineered for the purification and intrinsic viscosity (IV) enhancement of recycled PET (rPET). This capability transforms low-IV rPET feedstock into higher-quality pellets, delivering two core values to processors: improved feedstock flexibility, allowing adaptation to recycled flakes from different sources without being limited to a single feedstock; and significant market cost advantages – as virgin resin prices in the current market are often lower than recycled materials, this equipment enables enterprises to control costs while increasing the proportion of recycled materials used by upgrading low-quality recyclates.

4. ISCC Plus Certified! MOL Group Produces Polyethylene from Waste Plastics

Plastmatch learned on September 16 that according to a statement released by MOL Group (headquartered in Budapest, Hungary) on September 15, the group has completed its first production run using circular feedstock and certified by the International Sustainability and Carbon Certification Plus (ISCC Plus) at its petrochemical production base in Tiszaújváros, Hungary. The group stated that this pilot test confirmed its ability to convert “post-consumer plastic waste-based feedstock” into polyethylene and polypropylene, adding that this marks a key step in its “Shape Tomorrow” strategy – which aims to integrate the circular economy into production processes and help the group establish a leading position in sustainable petrochemicals in Central and Eastern Europe.

5. All BASF High-Performance Materials Plants in Europe Awarded REDcert² Certification

Following the conversion of all its European sites to renewable electricity in January 2025, BASF’s High-Performance Materials division announced on September 15 that all its production bases have been awarded REDcert² certification. This certification is an authoritative system for sustainable feedstock use in the chemical industry. With BASF’s polyurethane production base in Malacky, Slovakia, recently obtaining the certification, the division can now provide customers with certified mass balance solutions through its ten plants. Alexander Weiser, Head of BASF High-Performance Materials Europe, said: “At BASF, we don’t just put forward concepts; we are committed to delivering tangible results. This certification is another milestone in our ‘Plastics Sustainability Journey’, demonstrating our firm commitment to plastic sustainability and circularity. With this, we are ready to meet our customers’ current and future needs for sustainable solutions.”

6. Guill Tool Launches Advanced Laboratory for the Extrusion Industry

The new testing facility enhances material analysis capabilities for the global extrusion market. Expanded services include rheological testing, extrusion trials, and specialized training programs. The rheology laboratory is also equipped with a differential scanning calorimeter. As a leader in extrusion dies, Guill Tool has expanded its laboratory capabilities by establishing Guill Labs to better serve the global extrusion market. The new initiative includes the company’s state-of-the-art rheology laboratory and a dedicated facility fully focused on extrusion processes. The enhanced rheology laboratory measures the flow properties of plastics and rubber to predict how customers’ materials will flow through extrusion dies before production begins. The company stated that this allows for virtual optimization of tool geometry and project visualization in 3D CAD. The laboratory uses advanced equipment, including rotational rheometers, differential scanning calorimeters, thermal conductivity meters, and a new CT scanner.

Overseas Macroeconomic Market Information:

Elon Reeve Musk Plans to Evaluate AI5 Chip Design; Tesla to Hold Meeting on AI and Optimus Humanoid Robot

Elon Musk posted on social media platform X that he plans to conduct a technical review of Tesla’s AI5 chip design on Saturday and has scheduled a meeting next week to discuss artificial intelligence (AI), the Optimus humanoid robot, and automotive production. He said he will work with the Optimus team on Friday night and check the development progress of Tesla’s next-generation chip. Musk added that he will visit the Colossus II data center on Monday to inspect transformers and power infrastructure.

Two U.S. Government Teams Visit India This Week to Resume Bilateral Trade Talks

The United States and India are stepping up negotiations to resolve bilateral trade tensions. A U.S. trade delegation led by Brendan Lynch, Assistant U.S. Trade Representative for South and Central Asian Affairs, arrived in India on Monday night for a one-day talk. U.S. defense officials and Boeing executives also visited India this week to negotiate the sale of naval reconnaissance aircraft worth approximately $4 billion.

Price Information:

· RMB/USD Central Parity Rate

The central parity rate of RMB against the U.S. dollar was reported at 7.1027, up 29 pips; the central parity rate of the previous trading day was 7.1056, the official closing price of the previous trading day was 7.1228, and the night session closing price was 7.1175.

Upstream Raw Material USD Market Prices

Ethylene Asia: CFR Northeast Asia 850 USD/ton, up 10 USD/ton; CFR Southeast Asia 840 USD/ton.

Propylene Northeast Asia: FOB South Korea average 770 USD/ton; CFR China average 805 USD/ton.

LLDPE USD Market Prices

Film: 860-915 USD/ton (CFR Huangpu);

Injection Molding: 1050 USD/ton (CFR Dongguan);

HDPE USD Market Prices

Film: 910-980 USD/ton (CFR Huangpu);

Blow Molding: 855 USD/ton (CFR Huangpu);

Injection Molding: 870 USD/ton (CFR Huangpu);

Pipes: 1025 USD/ton (CFR Huangpu);

LDPE USD Market Prices

Film: 1100-1115 USD/ton (CFR Huangpu);

Coating: 1280 USD/ton (CFR Huangpu).

PP USD Market Prices

Homopolymer: 855-965 USD/ton (CFR Huangpu);

Copolymer: 875-900 USD/ton (CFR Nansha), up 15 USD/ton;

Film Grade: 1030 USD/ton (CFR Huangpu);

Transparent Grade: 970-1050 USD/ton (CFR Huangpu), down 30 USD/ton;

Pipe Grade: 1130 USD/ton (CFR Shanghai).