INEOS Launches Another 100% Bio-based Material; European Electric Vehicles in Dilemma; Trelleborg Expands Facilities

Ampacet, a global masterbatch leader,  has introduced ProVital+ Gamma-Protect, a medical-grade additive designed to preserve mechanical and optical properties of polypropylene-based medical and pharmaceutical articles during gamma and e-beam sterilisation processes.

After a two-year-long fight between the Howard County-based chemical company, W.R. Grace, and Howard County community members, Grace was approved to begin building its plastic recycling pilot project in Columbia, Maryland. Their permit was awarded by the Maryland Department of the Environment (MDE) on June 20. 

Bio-based 1,4-butanediol (BDO) manufacturer Qore (Eddyville, Iowa) announced July 11 that it has commenced production at its first large-scale production plant. The $300 million Eddyville plant has the capacity to produce 66,000 metric tons of BDO annually from locally grown dent corn.

Overseas Macro Updates：

Jensen Huang: Will Start Selling H20 Chips in Chinese Market

Jensen Huang, founder and CEO of U.S. company NVIDIA, announced two important developments in an interview today: the U.S. has approved the sale of H20 chips to China; NVIDIA will launch RTXpro GPU.

India Initiates Anti-Dumping Investigation into LLDPE from Six Countries Including Kuwait

On June 30, 2025, India's Ministry of Commerce and Industry issued a notice stating that in response to an application submitted by the Chemicals and Petrochemicals Association of India, it will initiate an anti-dumping investigation into Linear Low-Density Polyethylene (LLDPE) originating from or imported from Kuwait, Malaysia, Oman, Qatar, Saudi Arabia and the UAE. The Indian customs codes for the 涉案 products are 39011010 and 39014010.

India Initiates Anti-Dumping Investigation into Indonesian Multi-layer Paperboard

According to China Trade Remedy Information Network, on June 30, 2025, India's Ministry of Commerce and Industry issued a notice stating that in response to an application submitted by The Indian Paper Manufacturer Association, it will initiate an anti-dumping investigation into Virgin Multi-layer Paperboard originating from or imported from Indonesia.

Vietnam Launches Anti-Dumping Sunset Review Investigation into Malaysian H-beam Steel Products

On July 8, 2025, Vietnam's Ministry of Industry and Trade issued Notice No. 1978/QD-BCT, launching the first anti-dumping sunset review investigation into H-beam steel products (Vietnamese: sản phẩm thép hình chữ H) originating from Malaysia.

Russian Media: EU Reportedly "Has Begun Informal Discussions on the 19th Round of Sanctions Against Russia"

Russia's TASS news agency quoted Izvestia on the 15th that Thomas Zdechovsky, a Member of the European Parliament from the Czech Republic, revealed that the EU has begun informal discussions on the 19th round of sanctions against Russia. Zdechovsky said, "Discussions on the 19th round of sanctions (against Russia) are already underway, although they are still in the initial and informal stage. The main problem is sanction fatigue — not at the political level, but at the technical level. After 18 rounds of sanctions, most obvious targets have been subject to restrictions. Now the focus is on tightening control measures, expanding the scope of secondary restrictions, and clarifying import and export control regulations".

EU: U.S.-EU Positions "Have a Large Gap" in Some Areas; 30% Tariffs Confuse U.S. Negotiators

EU Trade Commissioner Valdis Dombrovskis stated that although the two sides are quite close on the principle text, there are still huge differences in some key areas; if tariffs reach 30% or higher, it will make transatlantic trade "almost impossible" as before.

Price Information：

Ethylene Asia: CFR Northeast Asia $820/tonne; CFR Southeast Asia $830/tonne.

Propylene Northeast Asia: FOB Korea average price $740/tonne; CFR China average price $775/tonne.

North Asia frozen cargo CIF price: propane $536-538/tonne; butane $506-508/tonne.

South China frozen cargo for first half of August CIF price: propane $566-576/tonne; butane $537-545/tonne.

Taiwan region frozen cargo CIF price: propane $536-538/tonne; butane $506-508/tonne.

Film: $875-910/tonne (CFR Huangpu);

Injection molding: $950/tonne (CFR Dongguan).

Film: $920/tonne (CFR Huangpu);

Hollow: $855-860/tonne (CFR Huangpu).

Film: $1,070-1,110/tonne (CFR Huangpu);

Coating: $1,350/tonne (CFR Huangpu).

Homopolymer: $935-965/tonne (CFR Huangpu);

Copolymer: $965-995/tonne (CFR Huangpu);

Film material: $1,000/tonne (CFR Huangpu);

Transparent: $1,085/tonne (CFR Huangpu);

Pipe material: $1,160/tonne (CFR Shanghai).