Covestro to Reduce August TDI Supply to China by Another 15%
Recently, global polyurethane giant Covestro issued a warning to its customers that the supply tightness of TDI (toluene diisocyanate) will continue to worsen.According to the latest notice, on top of the already significant supply reduction, Covestro will further cut its supply to the Chinese market by 15% in August.Covestro clearly stated in the notice that contract customers, especially those who are behind on their rebate agreements, should make reasonable arrangements in advance for the coming months. The notice specifically emphasizes that the company will no longer accept any unplanned additional orders, and there will not be sufficient resources in the fourth quarter for customers to rush to meet their rebate targets.
Related Breaking News
-
2025-11-18 16:58:20
Huitong Co.: Develops Lightweight Materials and Flexible Skin Materials for Robots, Related Business Orders Account for a Small Proportion
According to reports from the news agency, on November 17, investors approached...Huitong Co., Ltd.Has the company's humanoid robot solution formed any orders? Which enterprises are cooperating with us? Regarding this,Huitong Co., Ltd.On November 17, the company responded on the investor interaction platform that in the field of robotics, it closely follows industry development trends, focusing on "replacing metal with plastic" to conduct in-depth research on robot lightweighting. It has developed multiple materials such as high-rigidity carbon fiber reinforced materials, high-performance PEEK materials, and continuous fiber composites to meet the application needs of customers in different scenarios. At the same time, focusing on "flexible skin," it has developed multiple materials including injection-molded skin and high-silicon content food-grade elastomer materials. Furthermore, the company continues deep interaction with leading enterprises in the industry around structural components such as optical sensors, tactile sensors, millimeter wave radar, and aesthetic appearance materials, providing material solutions to deliver an exceptional value experience for customers. Currently, the order amount for related business accounts for a small proportion, and this period has no significant impact on the company's operating performance. -
2025-11-18 14:32:02
Rongbai Technology Holds Sodium-Ion Cathode Material Launch Conference
On November 17th, the Rongbai Technology 2025 Sodium-ion Battery Cathode Material Launch and Investor Exchange Conference was held in Shenzhen. Wang Zunzhi, General Manager of Rongbai Technology's Sodium Battery Division, introduced that sodium-ion batteries, with their high safety, ability to operate at wide temperatures, long cycle life, and high cost-effectiveness throughout the lifecycle, can be applied to many scenarios where lithium batteries cannot penetrate. In the context of global energy transition and surging demand for energy storage, the market size for sodium-ion battery cathode materials is expected to reach hundreds of billions in the next decade. Currently, Rongbai Technology has achieved comprehensive coverage of sodium battery technology routes, leading the industry in key indicators such as cycle life, compaction, and energy density, all of which have been mass-produced. -
2025-11-18 14:02:41
Xiaomi Unveils Vehicle Structure Lightweight Patent
The Tianyancha App shows that recently, the patent applied for by Xiaomi Automobile Technology Co., Ltd. for "lightweight design method, device, electronic equipment, and program product for vehicle structure" has been published. The abstract shows that the present disclosure relates to the field of vehicle technology, including establishing a macro mechanical representation by obtaining a finite element model of the components in the vehicle corresponding to the components. By reflecting the microcrystalline arrangement characteristics of the components combined with the beam element crystal structure of the components, a topological model of the components is constructed, and a topological analysis is performed on the topological model to obtain the topological analysis results. By combining the microcrystalline arrangement characteristics and macro mechanical representation, lightweight design of the topological analysis results can be achieved from microscopic lattice arrangement to macroscopic structural form, thereby realizing lightweight design of vehicle structures. -
2025-11-18 13:51:14
Ineos Automotive Lays Off Hundreds
Ineos Automotive stated in a press release that it is laying off hundreds of people worldwide. Before the layoffs, the company had fewer than 1,700 employees globally. -
2025-11-18 13:50:10
Leap Motor's Overseas Orders Will Exceed 15,000 Units in November
On the evening of November 17, during the Q3 earnings call, Leapmotor's Vice President Li Tengfei stated that the company's overseas orders in November would exceed 15,000 units, with October's overseas sales orders already reaching 12,000 units. The overseas sales target for 2026 is in the range of 100,000 to 150,000 units.
Most Popular
-
DuPont plans to sell Nomex and Kevlar brands for $2 billion! Covestro Declares Force Majeure on TDI / oTDA-based / Polyether Polyol; GAC Group Enters UK Market
-
Fire at Sinopec Quanzhou Petrochemical Company: 7 Injured
-
Zf asia-pacific innovation day: Multiple Cutting-Edge Technologies Launch, Leading Intelligent Electric Mobility
-
List Released! Mexico Announces 50% Tariff On 1,371 China Product Categories
-
[International News] European Plastic Recycling Industry on the Verge of Collapse! BASF Plans to Spin Off This Business, Lanxess Faces Pressure in Third Quarter Performance