CPCA: National Passenger Car Inventory Reaches 3.28 Million Units at the End of September, Up 120,000 Units Month-on-Month, Showing "Peak Season Stocking" Characteristics
Cui Dongshu, Secretary General of the China Passenger Car Association, stated in an article that as of the end of September 2025, the national passenger car industry inventory stood at 3.28 million units, an increase of 120,000 units from the previous month and an increase of 260,000 units from September 2024, showing the characteristic of stockpiling during the peak season. In April 2025, industry inventory reached 3.5 million units, a new high in nearly two years. The car market saw relatively high retail sales driven by trade-ins, but manufacturers were relatively cautious in production. From May to August, car companies were more rational in controlling production, reducing inventory pressure on dealers, resulting in continuous inventory reduction from May to August, with inventory rebounding in September 2025.
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2026-05-26 13:54:56
Wenzhou silicone rubber project halted for construction without approval
May 22nd,Wenzhou Ecological Environment Bureau Pingyang Branch, Zhejiang ProvinceIssue a decision to order the cessation of construction. The company involved in the case is Wenzhou XX Silicon Industry Co., Ltd., and its legal representative is Zhan XX. It is reported that on May 15, law enforcement officers conducted an inspection at this company. It was found that the environmental impact assessment document had not been approved, and the construction of the silicone rubber mixing project was started without authorization. This behavior violates the relevant provisions of the Environmental Impact Assessment Law of the People's Republic of China. Wenzhou Ecological Environment BureauOrder the company to immediately stop the project construction. -
2026-05-26 09:44:38
Wentai Technology: All Shares Held By Controlling Shareholder Frozen By Judicial Order
ST Wentai announced that its controlling shareholder, Wentianxia, has had 154 million shares of the company (accounting for 12.37% of the total share capital) judicially frozen, with the freezing period from May 22, 2026, to May 21, 2029. The current freeze is due to a property preservation application by Jiang Zhaobai arising from an arbitration case involving a contract dispute between Wentianxia and its actual controller Zhang Xuezheng. Wentianxia states that there is no record of overdue debts or breach of contract, and this freeze will not affect the company’s normal operations or control. -
2026-05-25 16:35:26
1 dead, 9 injured! Explosion at MOL Group's petrochemical plant in Hungary
On the morning of May 22, an explosion occurred at the MOL Group's factory in Tiszaújváros, Hungary. According to a MOL Group announcement, the explosion happened during the restart process of the Olefin No. 1 unit at the MOL Petrochemical Company (MOL Petrolkémia) plant. The petrochemical complex operated by MOL in Tiszaújváros, Hungary, includes integrated olefin production (ethylene and propylene), downstream plastic manufacturing (polyethylene and polypropylene), a synthetic rubber unit, and a polyol unit with a capacity of 200,000 tons per year, which was completed in 2024. -
2026-05-25 16:00:31
Brazil base completes trial production! oriental yuhong’s integrated r&d, production, supply, sales, and service in latin america nears maturity
Recently, Oriental Yuhong's production, research, development, and logistics base in Brazil successfully completed the trial production of the first batch of single-component waterproof coatings and primers. All product testing indicators met the standards, and the first batch of market orders has been secured. This marks the formal transition of Oriental Yuhong's Latin American market layout from a "channel acquisition + trade distribution" model to a new stage of localized independent production capacity. Its integrated operation system of "research, production, supply, sales, and service" in the Latin American region is becoming increasingly mature. -
2026-05-25 15:54:20
India GNFC's Dahej TDI Unit Planned for Maintenance at End of May
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