ExxonMobil Delays New Polyethylene Project

Recently, the Belgian government announced plans to impose a €2 tariff on low-value foreign packages, in line with the EU customs reform timetable. This small parcel fee will be included in the 2026 budget and aims to fill the fiscal gap while aligning with the EU's regulatory changes on low-value package imports. According to the released materials, Belgium will impose a fixed €2 small parcel tariff on packages sent to Belgian consumers from countries outside the EU starting in 2026, which is expected to raise approximately €9 billion for the 2026 budget. The agreement also mentions a compression in the adjustment range of VAT rates. This new policy will directly impact packages purchased through cross-border e-commerce platforms such as AliExpress and Temu, as the implementation of the policy will add a €2 fee at customs clearance, regardless of the package's value.

China's e-commerce giants About to become FranceFnac DartyThe second largest shareholder has submitted a foreign investment review application to the French Ministry of Economy. JD.com is acquiring Germany for 2.2 billion euros.CeconomyThe company (holding a 22% stake in Fnac Darty) is expanding its layout in the European market. The French government has initiated a foreign investment review mechanism based on the "Monetary and Financial Code," focusing on areas that may impact public order, national security, and defense interests, including sensitive industries such as the research and production of weapons and ammunition. This review process can last up to three months, and the Ministry of Economy emphasizes that it will conduct a strict assessment of this acquisition case, particularly pointing out...Fnac DartyCultural products for sale have special attributes. Recently, a full-category e-commerce platform called Joybuy was launched in France, covering products such as electronics, clothing, and food. At the same time, France has just passed a new bill to strengthen the regulation of foreign enterprises. Another Chinese e-commerce giantAlibabaPreviously completed secondary listing in Hong Kong.

According to a report by Hong Kong Wande Communications Agency, Tata Motors disclosed in its financial report for the second quarter of the 2026 fiscal year that the main business revenue shows that Land Rover and Jaguar, passenger vehicles, and other income are at the forefront, amounting to 578.77 billion Indian Rupees, 135.29 billion Indian Rupees, and 14.61 billion Indian Rupees, respectively, accounting for 80.0%, 18.7%, and 2.02% of the total revenue.

Gelonghui, November 25 - The Japanese government will designate crucial technologies for economic security as "national strategic technologies." It will identify six key areas, including artificial intelligence, and allocate research budgets and tax incentives accordingly. This move aims to promote investment in the fiercely competitive technology sector and provide extensive support from entrepreneurship to practical application. The national strategic technology plan, identified as the most important technologies, encompasses six areas: (1) artificial intelligence and advanced robotics (2) quantum (3) semiconductors and communications (4) biomedicine and healthcare (5) nuclear fusion (6) space.

November 24, Yapei Alkene (Lianyungang)New MaterialsThe Environmental Impact Assessment for the first public announcement of the high-carbon α-olefin production project by the technology company, which is preparing for a thousand-ton-level industrial trial, is hereby announced. The company is currently focusing on advancing a project for an annual production capacity of 100,000 tons of polyolefins and alkyl aromatics, with a total investment exceeding 12 billion yuan. The project is located in the Xuwei New Area of Lianyungang and covers an area of approximately 206 acres, with plans for three phases of gradual expansion, aiming to create the largest high-end poly α-olefin industrial base in China. The first phase is divided into two stages: the first stage involves the construction of a 36,000 tons/year poly α-olefin facility, which, once completed, will have an annual production capacity of 36,000 tons of poly α-olefins and 5,200 tons of mixed alkanes; the second stage involves the construction of a 20,000 tons/year alkyl naphthalene facility, which, once completed, will have an annual production capacity of 20,000 tons of alkyl naphthalene.